Decision of the Disciplinary Panel
Date of Decision: 04 July 2018
Case of: Jeremy Bell MRICS and Greenslade Taylor Hunt
RICS Membership Number: 1126010 and 002978
Location: UK
The formal charge against Mr Jeremy Bell is:
- Was party to an agreement and/or concerted practice with others to fix a minimum level of commission for certain estate agent services, contrary to his professional obligation to comply with the Competition Act 1998.
Contrary to Rule 3 of the Rules of Conduct for Members 2007
- His conduct as set out at 1. above:
- Was dishonest in that he knew the agreement and/or concerted practice was intended to prevent, restrict or distort competition in order to increase his and others’ profits,
- In the alternative, lacked integrity in that he knew or should have known that the agreement and/or concerted practice was designed to prevent, restrict or distort competition in order to increase his and others’ profits.
Contrary to Rule 3 of the Rules of Conduct for Members 2007
The formal charge against Greenslade Tayler Hunt (‘GTH’) is that:
- The Firm failed to have in place adequate controls and/or training and/or monitoring procedures to prevent staff entering into anti-competitive agreement(s) or concerted practice(s), contrary to the Firm’s professional obligation to comply with the Competition Act 1998.
Contrary to Rule 3 of the Rules of Conduct for Firms 2007
Finding: Proved
Sanction: Expelled