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 - 15 of 15 results
24 Jun 2014
We maintain an agreement with the insurance market for the provision of an Assigned Risks Pool (ARP).
18 Jun 2014
By implementing some simple processes, members and firms can ensure that they follow best practice procedures as part of their Registered Valuer status.
07 Jun 2016
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.
20 Nov 2014
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.
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.
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.
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.
Valuer Registration is an independent system of regulatory monitoring, which includes a register of valuers. We begin monitoring as soon as members sign up.
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.
31 Mar 2016
It is important that clients recognise the professional standards which set your RICS-regulated firm apart from the rest.
It is important as part of our requirement as a regulator to carry out risk based monitoring of our members and regulated firms. We have a range of information to help members and firms understand the process and what to expect
20 Mar 2015
One of our aims is to give as much guidance and advice where possible regarding insurance of the surveying profession.
20 Apr 2015
Members affected by the tenancy deposit scheme legislation should take certain steps to ensure they don't fall foul of legal requirements.
20 Nov 2015
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.
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.
© RICS 2017
© RICS 2017