Decision of the Disciplinary Panel
Date of Decision: 2 July 2018
Case of: John Russell | Jack Russell Associates (Firm)
RICS Membership Number: 1124939 | 041741
Location: Devon, UK
The formal charge against John Russell is:
1. That he has failed to act with integrity at all times and to avoid any actions or situations that are inconsistent with his professional obligations,
Particulars
a. On 21 March 16 Mr Jack Russell failed to ensure that he and will confirm covered by an appropriate policy of professional indemnity insurance (PII).
b. Between 9 July 2015 and 28 June 2017 Mr Russell submitted a false Annual Return to RICS dishonestly declaring that he had PII cover in place to cover his professional practice on March 21, 2016 when he did not hold such PII cover, and declaring that the content of the said Annual Return was true
Contrary to Rule 3 of the Rules of Conduct for Members 2007
The formal charge against Jack Russell Associates is:
2. That the Firm has failed to ensure that all previous and current professional work is covered by adequate and appropriate professional indemnity insurance cover which meets the standards approved by the Regulatory Board,
Particulars
On 21 March 2016 the Firm carried out a valuation on behalf of the client at a time when the firm had failed to ensure an adequate and appropriate professional indemnity insurance cover which meets the standards approved by the Regulatory Board was in place.
Contrary to Rule 9 RICS Rules of Conduct for Firms 2007
Finding: Proved
Sanction: Member Expelled and Firm’s Registration Removed
The Disciplinary Panel also made an order to costs.