Our guidance provides advice to practitioners on all aspects of regulation. Where procedures are recommended for specific professional tasks, these documents are intended to embody 'best practice'.
Our members can freely download PDF versions of our guidance.
Showing 1 - 23 of 23 results
31 Jul 2018
RICS is committed to communicating effectively with our global profession in delivering regulation. While English is the primary language of RICS, we have a standard approach to the use of different languages, which takes into account the need for consistency, while also facilitating local language needs and fair hearing principles.
20 Apr 2015
In 2008 regulations changed the traditional relationship between agents and their seller client. Find out how to comply.
26 Jul 2018
The RICS Designated Professional Body (DPB) scheme was approved by HM Treasury.It enables us to regulate our members for general insurance mediation activities, on behalf of the UK Financial Conduct Authority (FCA).
10 Apr 2015
Dr Oonagh McDonald CBE, Chair of the independent commission into the UK valuation profession, launched her report and recommendations in January 2014.
14 Jun 2016
Fraud, both internal and external, is a real risk to business. Planning how to prevent and recover from fraud should form part of your overall business risk-assessment.
21 May 2018
Research by the International Monetary Fund (IMF) estimated that the amount of money laundered, globally, in one year could be between 2 to 5% of global Gross Domestic Product (GDP), equivalent to $800 billion to $2 trillion US dollars.
20 Nov 2015
When a regulated firm closes there is a requirement on the principals of the firm to inform RICS of the closure and provide information to demonstrate that the firm has closed in an orderly way.
20 Nov 2014
PII is written on a 'claims made' basis, which means that when a claim is received it's the insurer in place that will respond rather than the insurer in place when the negligent act occurred.
24 Jun 2014
We maintain an agreement with the insurance market for the provision of an Assigned Risks Pool (ARP).
We have a list of insurers that's renewed annually. Each year we invite insurers to apply to be a listed insurer and, provided they meet with our criteria as detailed below, they'll be accepted.
If you find yourself being sued personally and have no access to professional indemnity insurance protection, the Member Support Service can provide defence and advisory services in the UK.
07 Apr 2017
Valuation is central to risk management in property lending however it is becoming increasingly challenging as clients seek to recover losses by transferring the risk to valuers. This in turn pushes up the cost and availability of PII.
20 Mar 2015
One of our aims is to give as much guidance and advice where possible regarding insurance of the surveying profession.
31 Mar 2016
It is important that clients recognise the professional standards which set your RICS-regulated firm apart from the rest.
02 Jul 2015
All our regulated firms must protect the security of clients’ money on their behalf.
What you should do if you or someone in your business notices something suspicious through working in property.
18 Jun 2014
Valuer Registration is an independent system of regulatory monitoring, which includes a register of valuers. We begin monitoring as soon as members sign up.
By implementing some simple processes, members and firms can ensure that they follow best practice procedures as part of their Registered Valuer status.
15 Mar 2017
There are different routes to sign up for Valuer Registration, depending on your circumstances, find out how to sign up and the information we require from you as part of the registration process.
Valuations underpin nearly every financial decision we make – from home mortgages and investments to corporate finance transactions, assessment of company accounts and stock exchange listings.
03 Jan 2018
RICS Valuer Registration is a monitoring programme for all RICS professionals undertaking valuations in accordance with RICS Valuation Standards – the ‘Red Book’.
Members affected by the tenancy deposit scheme legislation should take certain steps to ensure they don't fall foul of legal requirements.
In the hierarchy of standards, it is important to recognise that our research is regarded as information, and our guidance is regarded as best practice.
© RICS 2018
© RICS 2018