2 MAY. 2017
Mr Robert Heald & Wallakers
Disciplinary Panel hearing - 19 April 2017
The Panel heard a case against Mr Robert Heald and his Firm Wallakers in accordance with Rules 3 and 8 of the Rules of Conduct for Firms 2007 and Rule 3 of the Rules of Conduct for Members 2007, for failure to act with integrity and avoid actions or situations which were inconsistent with its professional obligations in relation to client accounts.
The Panel reprimanded the Firm, imposed a fine of £5,000 and a condition upon the Firm’s continuing registration with RICS. The Panel also reprimanded Mr Heald and imposed a Fine of £2,500. It also ordered Mr Heald and the Firm to contribute towards RICS’ costs.