Regulation

Regulation guides

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

  • Managing fraud

    Managing fraud

    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.

  • Introduction to PII

    Introduction to PII

    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.

  • Assigned risks pool

    Assigned risks pool

    We maintain an agreement with the insurance market for the provision of an Assigned Risks Pool (ARP).

  • Insurers & brokers

    Insurers & brokers

    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.

  • Member Support Service (MSS)

    Member Support Service (MSS)

    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.

  • PII and valuation guidance

    PII and valuation guidance

    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.

  • Sole practitioners and small firms - PII advice

    Sole practitioners and small firms - PII advice

    One of our aims is to give as much guidance and advice where possible regarding insurance of the surveying profession.

  • Promote your business

    Promote your business

    It is important that clients recognise the professional standards which set your RICS-regulated firm apart from the rest.

  • Risk based reviews

    Risk based reviews

    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

  • Tenancy Deposit scheme

    Tenancy Deposit scheme

    Members affected by the tenancy deposit scheme legislation should take certain steps to ensure they don't fall foul of legal requirements.

  • The difference between our research and our professional guidance
    Planning & development

    The difference between our research and our professional guidance

    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.

  • Our approach

    Our approach

    Valuer Registration is an independent system of regulatory monitoring, which includes a register of valuers. We begin monitoring as soon as members sign up.

  • Best practice for Registered Valuers
    Valuation

    Best practice for Registered Valuers

    By implementing some simple processes, members and firms can ensure that they follow best practice procedures as part of their Registered Valuer status.

  • How to register

    How to register

    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.

  • Why use an RICS registered valuer?

    Why use an RICS registered valuer?

    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.