Rules For Members

Question 1

What date and version number is the rules of conduct for members?

Answer 1

Version 7 Effective 2 March 2020

Question 2

How was the Rules for members made?

Answer 2

Made by the Standards and Regulation’s Board under Article 18 of The Royal Charter. Also contained within Bye-law 5 of RICS Bye-Laws.

Question 3

What is the scope of the members rules ?

Answer 3

1) Provides a Standard of professional conduct and practice.
2) Relevant to members
3) They do not repeat general legal obligations
4) Shortcomings or failure will not always provide disciplinary proceedings but may provide investigations
5) Guided as much by spirit of the rules as by the expressed terms

Question 4

Has many rules for members?

Answer 4

9

Question 5

What are the nine members rules?

Answer 5

1) Interpretation
2) Communication
3) Ethical behavior
4) Competence
5) Service
6) CPD
7) Solvency
8) Information to RICS
9) Co-operation

Question 6

What is rule 1 - Interpretation

Answer 6

MRICS FRICS AssocRICS Honorary Member Attached classes Student Trainee MRICS or AssocRICS

Question 7

What is rule 2 - Communication

Answer 7

By Post Email Fax Telephone In person

Question 8

What is rule 3 - Ethical Behaviour?

Answer 8

Act with integrity Avoid conflict of interest Avoid an unprofessional situation

Question 9

What is Rule 4 - Competence?

Answer 9

Due skill and diligence Having proper regard to technical standards

Question 10

What is rule 5 - Service?

Answer 10

Carry out professional work in a timely manner, having regard to standards of service. Good customer care expected.

Question 11

What is Rule 6 - CPD?

Answer 11

Plan, undertake, record and evaluate appropriate CPD Provide evidence if requested by RICS

Question 12

What is rule 7 - Solvency

Answer 12

Personal and Professional finances are managed (IE Not become bankrupt)

Question 13

What is Rule 8 - Information to RICS

Answer 13

Submit information in a timely manner As standards and regulation board may reasonably require

Question 14

What is Rule 9 - Co-operation

Answer 14

Co-operate fully with RICS staff or persons appointed by the standards and regulation board.

Question 15

How many Global Ethical Standards are there?

Answer 15

5

Question 16

How best to remember the Global Ethical Standards?

Answer 16

S T I R R

Question 17

What are the names of the Global Ethical Standards

Answer 17

1) Service (always provide a high standard)
2) Trust (act in a way that promotes trust in the profession)
3) Integrity (Act with Integrity)
4) Respect (Treat other with respect)
5) Responsibility (Take responsibility)

Question 18

Who and why have the Internation Ethical Standards Commission joined forces Globally with?

Answer 18

Other property related organisations

To provide the same ethical goals and standards

Question 19

What are the 10 Ethical Goals and Standards for IESC?

Answer 19

1) Accountability
2) Confidentiality
3) Conflict of Interest
4) Financial Responsibility
5) Integrity
6) Lawfulness
7) Reflection
8) Standard of Service
9) Transparency
10) Trust

Question 20

What is the RICS Ethical Decision Tree?

Answer 20

A document to help make the correct ethical choice in line with upholding RICS best practice.