‘Regulated by RICS’ is a recognised and respected designation
In a complex and rapidly changing marketplace, your clients seek confidence and security. The 'Regulated by RICS' status allows your firm to meet this need. It shows the world that your firm practises to globally recognised ethical and professional standards.
'Regulated by RICS' status shows your clients that your firm:
'Regulated by RICS' conveys a consistent message of confidence and quality to your clients whether they are local, national or international, and tells potential clients that you can be trusted to deliver high standards of service.
On 1 April 2020, new Rules of the Registration of Firms come into force. Until 1 April 2020 regulated firms must remain compliant with version 5 of the Rules for the Registration of Firms.
On 1 April 2020, new Rules of the Registration of Firms and Rules for the use of the RICS logo and designation come into force. Firms will need to be compliant with the new Rules at this time.
The key changes include:
The changes to the Rules have been made to ensure that the RICS firm regulation model remains fit for purpose in the current times. The RICS model for firm regulation was first introduced in 2007. Over 10 years on, we believe changes are needed to address the public expectation, that transparent and proper corporate governance means holding business leaders accountable for their firm's conduct, performance and service.
Through our presence in the major financial centres of the world, we promote the value of 'Regulated by RICS' to the clients you work with. As part of this, we equip your firm to promote the value of the standards you work to and our assurance of your standards.
We also provide guidance and support for how to embed best practice through professional standards. Through our programme of regulatory assurance and advice, regulation by RICS: