The Standards and Regulation Board, which was set up in 2020, has been restructured to form a clear separation between the RICS’ regulatory functions and its membership work.

As part of the changes, the RICS Standards and Regulation Board will operate with independent responsibility for its own strategy, priorities, resources and governance, as well as delegated authority from the RICS Governing Council for all regulatory functions.

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Dame Janet Paraskeva DBE, chair of the RICS Standards and Regulation Board, said: “This new framework clarifies the independence of regulation and assurance of the surveying profession to give confidence to those that rely on its services.

“Acting in the public interest is at the core of the Standards and Regulation Board’s role, and the separation of RICS regulatory and representative functions will better equip us to do this.”

Clement Lau FRICS, president at the RICS, added: “Rebuilding trust is fundamental to our ongoing work to transform RICS at pace as an organisation with public interest at its heart.

“These reforms embed clarity, accountability and transparency and will help maintain professionalism through independent regulation in the public interest.”