RICS, the global professional body for chartered surveyors, has revised its rules to highlight transparency, ethical behaviour and sustainability.
The revisions were launched on Monday (11 October). They set out the core principles of professional practice for RICS’ regulated members and firms worldwide. Changes include explicit requirements for firms to encourage diversity and to guarantee a fair and inclusive profession and support surveyors worldwide, regardless of their background or differences.
The code additionally sets out refreshed requirements for professionals to maintain their skills and expertise – including updated expectations for all members in respect of advice on sustainability matters, helping clients in their drive to satisfy targets set by governments.
The rules were set by RICS’ independent Standards and Regulation Board (SRB). The launch follows a nine-week consultation with RICS global members, clients and the public.
RICS said the updated regulations pull a collection of documents into one coherent code of practice, offering more clarity and simplifying implementation. The code is to be accompanied by a comprehensive programme of CPD and implementation support, free for RICS members, before the rules take effect from 2 February 2022.
Dame Janet Paraskeva, chair of SRB at RICS, said: “The advice of RICS professionals around the world underpins the successful management of our built and natural environment. With so many complex challenges facing decision-makers, this profession’s high standards of expertise and ethical conduct have never been more important.
“Standards in professional life must evolve to reflect modern-day expectations of clients and society at large, in order to maintain confidence. These revised rules of conduct will support our members and those that depend on their advice to continue addressing the challenges of today and tomorrow.”