Flashcards in Ethics Deck (10)
If you passed next week and you decided to set up a firm - what would you do?
Inform RICS using Firms Details Form
Register with Regulatory Board
If handling clients money - Members Accounts Regulations
Arrange professional indemnity insurance
If doing Red book vals then register VRS
Complaints Handling Procedure - elect surveyor from other firm is sole practitioners
Succession/ future running if sole
What are the core values?
Act with integrity
Always provide a high standard of service
Act in a way that promotes trust
Treat others with respect
Tell me what you know about the RICS
Formed in 1868 and now in 150th year
Present structure is created by agenda of change 1998
Has a royal charter granted by privy council
Privy council are advisors to the monarch
It is self regulated through bye laws
What is the role of the RICS?
Maintain high standards of education and training
Protect customers through strict regulation
Leading sauce of information and advice
What are the benefits of being RICS
Gives clients confidence
What are the 5 principles for better regulation?
Targeting - forbidden
What are the disciplinary actions?
Action by head of regulation
What are the rules of conduct for members?
Information to the RICS
What are the rules of conduct for firms?
CPD and training