Ethics

Question 1

What is the the ethical decision tree

Answer 1

Flowchart to help members decide how to act in difficult situations where their professional ethics may be at stake

Question 2

What factors does the RICS Decision Tree consider?

Answer 2

1. Sufficient facts
2. Legality
3. Ethical standards
4. Consultation of appropriate people
5. Clear reasoning
6. Impact if actions made public

Question 3

What are the 5 principles of better regulations

Answer 3

Proportionality 
Accountability
Consistency 
Targeting
Transparency
(PACTT)