Thanks for sharing 👍. I am an APC candidate from Saint Lucia in the Caribbean. This will be of great help to us moving forward.
@tedburttheobalds45402 жыл бұрын
This is very interesting and instructive. In addition it is so timely and an gives me greater confidence moving forward.
@derekasomani48382 жыл бұрын
Good summary on the updates
@HoveKiter2 жыл бұрын
World Cup Qatar - should be used as a case study for modern slavery, prejudice (in consideration of diversity and inclusion) and accountability
@TokyoBon6 ай бұрын
✦ The changes in RICS Rules of Conduct aim to give businesses autonomy in developing processes that suit their needs. • The focus is on behaviors and ethics decision-making. • It allows flexibility based on the diversity of backgrounds and organizations. • Recognizes cultural differences in ethical behavior on a global scale. • Emphasizes the importance of understanding and abiding by the law while considering different working practices. ✦ Importance of RICS Rules of Conduct in ensuring professional behavior and ethical decision-making. •Confidence in the professionalism, integrity, and competence of appointed surveyors. •Surveyors are expected to point clients in the right direction if they lack expertise in a certain area. •Rules of conduct emphasize ethical behavior and integrity, which are ingrained in chartered surveyors. •The rules support ethical decision-making not only in professional practice but also in personal conduct, including the use of social media. ✦ Discussion on the new RICS Rules of Conduct, including the replacement of three documents and the focus on sustainability. •The new RICS Rules of Conduct will replace existing rules for members, rules for firms, and global ethical and professional standards. •The rules aim to instill confidence in markets and promote sustainability in decision-making. •Sustainability is emphasized for both small and large businesses, without adding regulatory burden. ✦ The section discusses the importance of being cautious with referrals, gifts, and hospitality in conjunction with peers and bosses. •It is recommended to have a clear policy within the business regarding what is acceptable. •Trust your gut feeling - if a gift feels too extravagant, it's best to avoid accepting it. •Being polite and explaining the reasons for declining gifts is generally well-received by people. ✦ The section discusses firms' obligation to support employees in CPD and the risk of RICS causing damage to their relationship with members due to climate change debate. •Firms are expected to encourage and support employees in maintaining knowledge and skills for CPD, as per behavior 2.5. •Failure to support employees in CPD could raise questions about compliance with the rule ensuring work is done by competent individuals. •The debate on climate change and sustainability focuses on having awareness rather than a black-and-white approach, aiming to advise clients on the best outcomes. ✦ The webinar discusses the importance of principles behind the rules, touches on unconscious bias, and addresses checking supply chains for modern slavery. •Emphasis on understanding the principles behind the rules rather than memorizing them. •Specific mention of encouraging diversity and inclusion, developing an inclusive culture, and addressing unconscious bias. •Advisory firms offering modules and courses on unconscious bias. Discussion on firms checking supply chains for modern slavery and other abuses, including how far back in the supply chain small firms should check. ✦ The webinar discusses disciplinary sanctions for breaching rules of conduct, with real-life scenarios available for learning purposes. •Disciplinary sanctions are the last resort to support good professional practice. •Real-life scenarios are provided to understand where things can go wrong. •The regulation team focuses on giving advice and working with individuals to prevent sanctions. •There are measures in place to ensure companies meet the new rules, with a focus on collaboration in the industry.
@TokyoBon6 ай бұрын
*Key Points:* •The new RICS Rules of Conduct emphasize ethical behavior and decision-making, focusing on principles rather than specific rules. •The rules aim to give businesses autonomy while ensuring professional behavior and ethical standards. •They promote sustainability, diversity and inclusion, and compliance with the law. •Firms are obligated to support employees in CPD and address unconscious bias. •Disciplinary sanctions are a last resort, with real-life scenarios used for learning purposes. *Additional Insights:* •The new rules replace existing documents and promote confidence in the profession. •They emphasize the importance of understanding and abiding by the law. •Firms should have clear policies regarding gifts and hospitality. •The debate on climate change and sustainability focuses on awareness and advising clients on the best outcomes. •Checking supply chains for modern slavery is crucial, even for small businesses. *Discussion Points:* •How can the new RICS Rules of Conduct be effectively implemented in practice? •What are the challenges and opportunities associated with the focus on principles over specific rules? •How can firms best support employees in CPD and address unconscious bias? •How can the real estate industry work together to ensure compliance with the new rules?