For those who rely on the critical expertise of RICS professionals around the world, we want to ensure our professionals remain trusted and future fit by evolving the rules that underpin how they operate.
As we lead the global profession through change and champion its positive contribution to society, we invite feedback on how best RICS rules are adapted to deliver confidence to the public advantage.
Following research which identified risks and opportunities that the market anticipates, we know RICS professionals will benefit from a clearer framework to uphold the highest ethical standards and respond to new client expectations.
We propose a simplified structure of five rules that will bring all ethical standards into one, single document. The new rules also introduce new example behaviours expected of RICS professionals globally, including behaviours that embed sustainability and respect.
The new rules are open for consultation, and we invite all RICS professionals, customers and other stakeholders to take part. Please submit your feedback before the consultation close date, 7 December 2020.
RICS Head of Conduct Standards, Christine O’Rourke, has outlined five key proposed changes you need to know in the Rules of Conduct Consultation
Never before have the principles of sustainability and respect been more important, that’s why we want to embed them into what it means to be an RICS professional.
Dame Janet Paraskeva
Chair, RICS Standards and Regulation Board
To keep up with new priorities impacting the built and natural environment – and respond to new client expectations - it’s important RICS professionals remain ready for future challenges and have the latest skills and knowledge to make a success of them.
The existing rules of conduct have been in place for RICS members and regulated firms since 2007.
We’ve set out to only create rules, where necessary, based on risk. We have tried to avoid over-elaboration as we expect technical details to be contained in RICS professional statements and guidance support these principles.
Your feedback is vital. We need to know how these proposals will affect our professionals when seeking to serve clients and the communities we live in.
Once the consultation closes, we will review all responses and finalise the rules.
Once agreed by the RICS Standards and Regulation Board, the new rules will come into force during 2021.
Watch this webinar explaining the proposed new rules, why we are updating them , and how our panel of professionals believe the new rules will impact your work