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23 6月 2018

Why regulate your firm?

Ilana Rosenzweig

Ilana Rosenzweig

Head of Regulation, Asia Pacific

Singapore, Singapore

RICS

'Regulated by RICS' conveys a consistent message of promise and quality to your clients. Firms regulated by RICS have committed to abide by the rules of conduct for firms and RICS’ globally recognised professional standards. This sets them apart from the rest.

When your firm is regulated by RICS, your clients and the public are assured that your firm:

  • possesses the required skills and competencies
  • adheres to globally recognised standards
  • manages conflicts of interests transparently
  • handles complaints and disputes fairly
  • manages finances appropriately
  • protects the security of client money
  • behaves ethically, and acts with integrity and honesty
  • provides adequate and appropriate indemnity for work.

Benefits of regulating your firm

Firm regulation does not cost anything. Regulated firms can sponsor their valuers for Valuer Registration at a fee that reduces as the number of sponsored valuers increases.

RICS regulation provides confidence to consumers and markets by assuring quality, consistency and transparency, while enhancing a professionals’ status. It protects the public interest and RICS professionals through quality assurance and accreditation requirements.

Three steps to get regulated

  1. A firm must meet the requirements set out in the rules for the registration of firms.
  2. Upon registration, a firm is required to have adequate and appropriate Professional Indemnity Insurance and a complaints handling procedure.
  3. Once a firm’s application is approved, it will be discoverable on Find a Surveyor, our global database of surveying firms.
Ilana Rosenzweig

Ilana Rosenzweig

Head of Regulation, Asia Pacific

Singapore, Singapore

RICS

Ilana is an experienced attorney with expertise in professional assurance, compliance, complex investigations, remediation of systemic deficiencies, risk management, litigation, and crisis management.

In the past, she conducted and oversaw internal investigations for two of the largest law enforcement agencies in the United States — the Chicago Police Department and the Los Angeles County Sheriff's Department. She also launched and led Chicago Independent Police Review Authority, a one-of-a-kind civilian-staffed department with broad powers to investigate and impose discipline on police officers; investigate officer-involved shootings; and conduct criminal investigations of police officers to refer for state and federal prosecution.

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