Ethics

Question 1

What does a full civil liability basis mean in PII?

Answer 1

No exceptions / limitations to what the PII covers - allows for any civil liability

Question 2

What are the principles of the Bribery Act?

Answer 2

6:
Proportionate procedures
top-level commitment
risk assessments
due diligence
communication
monitoring and review

Question 3

What are the 5 Rules of Conduct?

Answer 3

1. Act with integrity
2. maintain professional competence and ensure services are provided by competent individuals
3. provide good-quality service
4. treat others with respect
5. act in the public’s interest

Question 4

What is the structure of the RICS?

Answer 4

Executive body of the RICS is the governing council. Beneath these are the standards and regulations Board and RICS board. Below the RICS board is a number of committees

Question 5

What are the different types of conflicts of interest?

Answer 5

Party - duty to act for a client conflicts with duty to act for another.

Own interest - duty to act for client conflicts with interests at the same client.

Confidential information - duty to provide information for one client conflicts with another client to keep that same information confidential.

Question 6

What are the minimum requirements for PII?

Answer 6

• Provided by an RICS-approved supplier
• Comply with minimum levels of indemnity listed in the RICS requirements
• Run-off cover of a minimum of 6 years
• Work on a ‘claims made basis’
• Work on an ‘each and every claim’ basis
• Policy wording should be on a full civil liability basis min.

Question 7

Can you give me an example of a conflict of interest and how you would deal with it?

Answer 7

Seconded to client where Arcadis is also providing engineering services and would require me to certify their AFPs - check if the client was ok with this, obtain informed consent, set-up appropriate measures - separate private SharePoints and offices, separate lines of communication, Sign NDAs and monitor conflict

Question 8

If you were to start your own practice what would you need to do?

Answer 8

• Inform the RICS by completing a Firms Detail Form.
• Register for regulation
• PI insurance
• Setup an approved compliant CHP (inc. complaints handling officer)
• Setup an account to hold client’s money
• Other insurances (as appropriate)
  o Employer’s liability insurance – legally required if the intent is to employee anyone
  o building insurance – if a building is owned
  o cyber insurance
  o public liability insurance
• Obtain a logo kit from the RICS to use for the production of all practice material to ensure
• Make arrangements for succession and future running of business if a sole practitioner
• Set up a staff training plan and ensure CPD logged online on the RICS CPD Management System

Question 9

What are the Arcadis General Business Principles?

Answer 9

Principles on how we conduct business, protect our assets and our data and how we work together
1. Our core values (People First, Client Success, Integrity, Sustainability and Collaboration)
2. How we conduct business (ethics)
3. How we protect our assets and data (data management)
4. How we work together (diversity and inclusion, bullying etc.)
5. Has an AGBP decision making tool
6. Seek advice and speak up

Question 10

Can you name any recommendations of the Bichard Report?

Answer 10

• Return control of the RICS to its members
• Re-emphasise the importance of working in the public’s interest and that the RICS is an institution first and a profit-led organisations second
• Give greater priority to diversity and inclusion