Rules Of Conduct Flashcards

1
Q

What is Rule 1?

A

Be honest.
Act with integrity.
Comply with professional obligations.

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2
Q

What is rule 2?

A

Maintain professional competence.
Services are to be provided by competent individuals with necessary expertise.

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3
Q

What is rule 3?

A

Provide a good and diligent service.

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4
Q

What is rule 4?

A

Treat others with respect.
Encourage diversity and inclusion.

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5
Q

What is rule 5?

A

Act in the public interest.
Take responsibility for actions.
Prevent harm.
Maintain public confidence.

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6
Q

Why do the rules of conduct matter for members?

A

The RICS Rules of Conduct set out clear guidelines, responsibilities, values and expectations.

They provide a consistent benchmark for all surveyors.

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7
Q

Explain your understanding of Rule 1.

A

Having reviewed the example behaviours, Rule 1 requires members and firms to:

  • not be improperly influenced through acceptance of work referrals, gifts or hospitality.
  • Identify conflicts of interest, and not provide service or advice where these conflicts occur.
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8
Q

Explain your understanding of Rule 2.

A

Having reviewed the example behaviours, Rule 2 requires members and firms to:

  • Only undertake work that they have the knowledge, skills and resources to carry out.
  • Stay up to date with relevant legislation, codes of practice and other relevant standards.
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9
Q

Explain your understanding of Rule 3.

A

Having reviewed the example behaviours, Rule 3 requires members and firms to:

  • Understand clients needs and objectives before accepting work.
  • Keep clients updated and seek their agreement if it is proposed to change the terms of engagement or estimated fees.
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10
Q

Explain your understanding of Rule 4.

A

Having reviewed the example behaviours, Rule 4 requires members and firms to:

  • treat everyone fairly and do not discriminate against anyone on any improper grounds.
  • respect the rights of others and treat others with courtesy.
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11
Q

Explain your understanding of Rule 5.

A

Having reviewed the example behaviours, Rule 5 requires members and firms to:

  • question practices and decisions that they suspect are not right.
  • respond to complaints made against them promptly, openly and professionally.
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12
Q

Why did the previous Rules of Conduct change?

A

In 2007, it was voted to replace the old rules of conduct with a single document to provide greater clarity.

There is a greater focus on clearer example behaviours, understanding evolving tech and tackling climate change.

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