What are the key learning points of the Ethics Module?
Moral standards which provide descion making in situtations where right and wrong are unclear, coinsides with virtue ethics which is inbedded within the individual
Deontologist = Rule are there for positve outcome
Consequentalist = Rules are there because they lead to consequence if not followed
Allows self regulation
What are the ROC based on?
Honesty, Integrity, Respective, Responsbity, Service, Competence
Give me examples of the 5 ROC in your experience?
Rule 1 - When a client asked when a tender pack would be completed and returned, I ensured to reveiw my resource and the agreed time scale set out in the fee proposal, this allowed me to respond in honsety
Rule 2 - When reviewing works progress at Willow Ward Roof Replacment, the lourve face had chanaged to new type, I instructed such advise such be sough from an M&E engineer, this allowed me to not step out my competence and ensured my client recived the most suitable advise from the most qualifed person to give it
Rule 3 - Ahead of a site walk around to review final agreed specification at Mayfield, I translated the written SoW into indicative drawings for ease and understanding
Rule 4 - I partake in cultrual days at my office
Rule 5 - Prior to posting on Linked Inn, I ensure I abide with the Use of Social Media (Regulation) doucment 2022 to not undermine public confidence
Why did the ROC change?
Allows for standardisation and reflection of current market
Includes example behaviours
More transparent
DEI
What are the member obligations?
Members must:
Cooperate with RICS
Provide information requested by SRB
Complete 20 Hours CPD (10 formal)
What are the firms obligations?
Firms Must:
Use RICS designations in line with ‘Rules for Logo and Designations’ Regulation 2022
PII insurance
Run off cover / locum agreement
Underwritten
Abide with RoC
Provide information requested by SRB
CHP
What is the process when registering a firm?
What is the critera in registering a firm?
Must register if 50% of principals are MRICS, provide surveying services in UK or may be applicable to regiester if 25% principals are MRICS but SRB will carry out further checks to assess suitablity to register against critera
What is required for the firm annual returns?
Completed online or face fine
- Buisness type and services
- Nature of clients
- Training details
- CHP
- PII
- CMH
What are your obligations as a member?
Commit to life long learning
Cooperate with RICS
Provide information to SRB if requested
Complete CPD 20 Hours online
Talk me through the RICS structure?
Govering Council - oversees strategy and vision
SRB - regulatory function - Reports to GC - overlooks regulation, qualifications, disputes, stadards research and has a triburnal arm
RICS Board - executes the buisness plan and has arms including global members comitte, aduit risk finance, knowlendge
Lion Heart
Matrix
What is the mission of RICS?
Enforce standards
Equip members with SKE
Solve challenging problems
Talk me through breaches of the ROC?
Not all breaches lead to proceedings but will be investigated by SRB
Usually closely investigated if there is a allergation made, RICS finds out something,
What is the Bribery Act?
Offesnce to recive, offer, bribe public offical or commit cooperate offence
6 principles include
Top down commitment
Proportionality
Due Dilligency
Communication
RAMs
Reveiw and Monitoring
What is Negligence and Law of Tort?
Where duty of care is not given when expected, see Merrit vs Babb caselaw which did not have run off, limitations act 1980 allows for claims of negligence to be made
Give me an overview if the ESFA funding agreement?
Must not spend funds for any other reason than specified
Any changes must be documented
Min
What is the RICS descion making Tree?
Assists in making a descsion when difficult steps include…
Consider legality
Consider if coinsides with ROC
Speak with experienced colleuege
Consider if I can back up my advice
