Stand out in a competitive marketplace
In a complex and rapidly changing marketplace, your clients seek confidence and security. Obtaining 'Regulated by RICS' status allows your firm to meet this need. It shows the world that your firm practises to globally recognised ethical and professional standards.
By registering your firm for 'Regulated by RICS' status you are making a commitment to work to RICS standards in your business, and to allow us to verify this commitment. Through our proactive risk-based monitoring and assurance your firm will benefit from our support in embedding best practice.
As a regulated firm you will use the industry respected 'Regulated by RICS' designation, which conveys to the marketplace that your firm:
This tells potential clients that you can be trusted to deliver high standards of service. 'Regulated by RICS' conveys a consistent message of confidence and quality to your clients whether they are local, national or international. Through our presence in the major financial centres of the world, we promote the value of 'Regulated by RICS' to the clients you work with. As part of this, we equip your firm to promote the value of the standards you work to and our assurance of your standards.
The Rules for the Registration of Firms outline the requirement for all RICS regulated firms to appoint a responsible principal.
A responsible principal will have primary responsibility for ensuring that RICS' professional, technical and ethical standards are applied, upheld and supported by an appropriate assurance framework within a regulated firm.
RICS provides regulated firms with guidance and support on embedding best practice through professional standards.
Through our programme of regulatory assurance and advice, regulation by RICS:
Globally, we undertake 500 regulatory visits to firms each year. Visited firms receive specific guidance on how to protect both the firm and its clients from unnecessary risk.
Of those firms visited by RICS:
Sponsoring Non-Regulated Organisations are organisations that pay fees and provide firm related regulatory information on behalf of their Registered Valuer employees but are not RICS Regulated.
Regulated firm sponsorship is the arrangement that allows registered firms to pay regulatory fees and provide firm related regulatory information on behalf of nominated Registered Valuers.
Your firm will need to meet several preconditions for registering. It must:
There is no fee for registering your firm for regulation.
You can register your firm by downloading and submitting the application form below. We will then send your nominated person an invitation to complete the registration through our Firms Portal.