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RICS Sets Date for Independent Review Publication

RICS Sets Date for Independent Review Publication
16 June 2022
 

The Royal Institution of Chartered Surveyors will publish its independent review of its purpose, governance and strategy on 21 June 2022, known as “The Bichard RICS Review”.

The review intends to create clarity about RICS’ purpose, in light of Alison Levitt QC’s 2021 review on the governance architecture of the membership body.

Alison Levitt concluded that RICS were “burying bad news until a solution was available”, in her examination of the events that led to four RICS non-executive directors being let go from their positions after raising the alarm on inaccurate financial forecasting.

RICS’ Governing Council appointed Lord Michael Bichard to lead this new review, which launched on 7 December 2021.

Lord Bichard held a Call for Evidence in early 2022 and published an interim update on 28 February 2022, setting out the key issues identified during the Call for Evidence.

On 21 June, his final report will be published, along with a response from Governing Council.

Picture: a photograph of some folders full of paperwork. Image Credit: Unsplash

Article written by Ella Tansley | Published 16 June 2022

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