Ethics - Background / General RICS

Question 1

When was the RICS founded?

Answer 1

1868

Question 2

When did the RICS get its Royal Charter?

Answer 2

1881 - Granted by the Privy Council

Question 3

What are the four levels of membership?

Answer 3

Trainee
Associate
Chartered Member
Fellow

Question 4

What do you need to do to become a Fellow?

Answer 4

1. 5 years chartered
2. A leadership role
3. Professional/technical achievement
4. Academic achievement

Question 5

What is the structure of the RICS?

Answer 5

Royal Charter
Governing Council has 29 members
There are 17 Specialist Professional Groups
CEO is Justin Young
Stand in President is Nick Maclean

Question 6

What are the three main roles of the RICS?

Answer 6

1. To maintain the highest standards of education and training
2. To protect consumers through strict regulation of professional standards
3. To be the leading source of information on land, property, construction and associated environmental issues

(RICS 2015)

Question 7

What current challenges are the RICS facing?

Answer 7

The Justin Sullivan case

Adapting to rapid technological advancements (AI)

Climate change and sustainability

Question 8

What are the benefits of being a RICS member?

Answer 8

Status
Recognition
Market advantage
Knowledge
Network

Question 9

What is the Bichard Review?

Answer 9

The Future of the RICS, laying the foundations of:

1. Vision
2. Mission
3. Strategic goals
4. Values
5. A world-class organisation

Question 10

What are the RICS Rules of Conduct?

Answer 10

1. To be honest and act with integrity
2. To show professional competence
3. To provide a good-quality, diligent service
4. Treat others with respect having particular regard to inclusion and diversity
5. To take responsibility and act in the public interest

Question 11

What is the RICS Ethics Decision Tree?

Answer 11

A framework to work to when faced with an ethical situation

Question 12

What are the steps of the Ethics Decision Tree?

Answer 12

1. Do you have sufficient facts?
2. Is it legal?
3. Is it in line with RICS Rules of Conduct?
4. Have you consulted with the appropriate people?
5. Do you have clear reasoning?
6. Would you be happy for your actions to be made public?

Question 13

What are the three levels of disciplinary action?

Answer 13

1. Action by Head of Regulation
2. Disciplinary Panel
3. Appeal Panel

Question 14

What are the four actions if a disciplinary is required?

Answer 14

1. Fixed Penalty
2. Make a Regulatory Compliance Order
3. Refer to Regulatory Tribunal
4. Refer to Disciplinary Panel

Question 15

When is the only time a fixed penalty could be used?

Answer 15

Failure to supply information to the RICS.

Question 16

When would Regulatory Compliance Orders be actioned?

Answer 16

Low level breaches of the Rules of Conduct

Failure to undertake appropriate CPD

Question 17

What actions can be taken by a Disciplinary Panel?

Answer 17

1. Issue a Regulatory Compliance Order
2. Reprimand
3. Caution
4. Fine
5. Impose conditions upon future RICS Registration
6. Expulsion of Membership
7. Published on RICS website and magazine

Question 18

What does the RICS expect from members using social media?

Answer 18

To maintain professionalism in all online communications

Question 19

When is RICS likely to investigate your social media posts?

Answer 19

Discrimination

Abusive or threatening behavior

Extreme or offensive views to cause reputational damage to the profession