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Regulatory Compliance Orders

30 JAN 2020

Thistle Realisations 2018 Ltd — 27 January 2020

Name of Regulated Member: Thistle Realisations 2018 Ltd (formerly Campsie Commercial Ltd) (787436)

Town/City of Regulated Member: Windsor

Regulatory Compliance Order agreed on 27 January 2020

Thistle Realisations 2018 Ltd (formerly Campsie Commercial Ltd), Company number 05347438, entered into a consent order on 27 January 2020 with RICS. It admitted that it acted in breach of Rule 9 of the Rules of Conduct for Firms 2007 by failing to have adequate and appropriate indemnity in place.

Thistle Realisations 2018 Ltd entered into administration in August 2018. It had professional indemnity insurance in place until August 2018 when it expired. The administration estate was unable to renew the professional indemnity insurance due to lack of funds.

RICS considers that it is in the public interest to make this information available to the public so that anyone affected by this can consider their position. RICS has decided to de-register the firm and it is no longer regulated.

This publication will remain on the RICS website for a period of 12 months.