Appendix J RICS Frequently Asked Questions Document Linked to Their Global Professional and Ethical Standards

Global Professional and Ethical Standards

Frequently Asked Questions

Q) What are the New Global Professional and Ethical Standards?

  1. There are five standards:
    • Act with integrity
    • Always provide a high standard of service
    • Act in a way that promotes trust in the profession
    • Treat others with respect
    • Take responsibility.

The new global standards aim to provide clarity and simplicity around what is expected from RICS members.

Q) Why are you introducing new professional and ethical standards?

A) RICS’ increased global approach to standards and regulation provide the perfect opportunity to look at the ethical framework for the profession and how it will work best on a global scale. We have done so by undertaking extensive consultation globally and talking to experts in the field of ethics. This resulted in RICS Governing Council agreeing new global professional and ethical standards. It also agreed the production of supporting information, advice and guidance to assist members in meeting those standards and to make those difficult ethical decisions.

Q) Why are there now only 5 standards instead of the previous 12 ethical values?

A) The standards were developed after considerable consultation and discussion globally. The new standards cover everything that the previous 12 values covered, but do so in a much clearer way and they have been designed to be applicable globally.

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