Changes come into effect next February

The RICS has launched a new code of practice which will take into effect next February.

Changes include explicit requirements for firms to encourage diversity and to ensure a fair and inclusive profession, and to support all surveyors regardless of their background or differences, across the world.

The new code also sets out refreshed requirements for professionals to maintain their skills and expertise – including new expectations for all members in respect of advice on sustainability issues, helping clients in the drive to meet targets set by governments.

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The updated rules focus on diversity and inclusion

The rules have been drawn up by the group’s independent Standards and Regulation Board (SRB) and follow a nine-week consultation with RICS’ global members, clients and the public

Dame Janet Paraskeva, chair of SRB at RICS, said: “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.”

Last week, Building revealed the RICS, rocked by a highly critical report into a governance scandal, has suggested four people to carry out a review into its future.

The institution is currently searching for a candidate to lead an external investigation into its purpose, governance and strategy, which is set to start next month.