Presentation to Danske Byggeøkonomer 18 September 2008

Luciano Capaldo FRICS, Chairman RICS EuropeAdam Trier Jacobsen FRICS, Chairman RICS DanmarkLiliane Van Cauwenbergh, Director RICS EuropeMikael Wadsten, Regional Manager Nordic

More about RICS

Benefits of membership

Ethics

RICS Red Book

Regulation

RICS Routes to Membership and APC

How can Danske Byggeøkonomer join RICS

What is RICS?

Royal Institution of Chartered Surveyors

Professional body created in UK in 1868

Royal Charter since 1881

Now 147,000 chartered surveyors in over 120 countries

Property, land and the built environment

‘The mark of property professionalism’

Key roles of RICS

Regulate and promote the profession

Maintain the highest professional and educational standards

Protect clients and consumers through a strict code of ethics

Provide impartial advice, analysis and guidance

RICS worldwide

Global HQ in London

World Regional Offices in Brussels, Dubai, Hong Kong, New York and Sydney (to be added soon: office in India)

50 national associations

500 accredited courses

500 publications yearly

RICS worldwide

7.82841.7272.02915.9712.33389.018TOTAL

6474.099371571121.591Oceania

75413-6492211.729Ireland

7902.9371744542641.761Middle East/Africa

108901291852901.843Americas

1.0002.3802861.1915042.979Continental Europe

1.5374.7052401.0493995.851Asia Pacific

3.67126.2921.26912.88654373.264UK

Students growth

2007-08Students

Trainee growth

2007-08Trainees

Qualified growth

2007-08Qualified

RICS as at 31/07/2008

7.82841.7272.02915.9712.33389.018TOTAL

6474.099371571121.591Oceania

75413-6492211.729Ireland

7902.9371744542641.761Middle East/Africa

108901291852901.843Americas

1.0002.3802861.1915042.979Continental Europe

1.5374.7052401.0493995.851Asia Pacific

3.67126.2921.26912.88654373.264UK

Students growth

2007-08Students

Trainee growth

2007-08Trainees

Qualified growth

2007-08Qualified

RICS as at 31/07/2008

RICS Europe

Continental European HQ in Brussels

17 National Associations

Fastest growing RICS World Region

Membership benefits

• Globally recognised designation (MRICS/FRICS)

• International networking community

• Career and business opportunities

• Strict code of ethics

• Member support and services

Member support and services• Support from your National

Association

• Events

• Member-only content on www.rics.org

• RICS Library and information services on www.rics.org/library

• RICS publications and books on www.ricsbooks.org

• RICS Red Book (Valuation Standards)

RICS Ethics

Rules of Conduct reviewed June 2007

New principles-based system

Brief set of clear and simple rules

Must be assessed at FinalAssessment interview

Full info at www.rics.org/newregulation

How to meet the RICS standards of behaviourAct honourably

Act with integrity

Be open and transparent in your dealings

Be accountable for all your actions

Know and act within your limitations

Be objective at all times

Always treat others with respect

Set a good example

Have the courage to make a stand

Comply with relevant laws and regulations

Avoid conflicts of interest

Respect confidentiality

Lifelong learning (LLL) for members(Or: CPD - Continuing Professional Development)

Members shall undertake and record appropriate lifelong learning

and, on request, provide RICS with evidence that they have done so

RICS does not prescribe a set number of hours for lifelong learning.

It requires members’ lifelong learning to be effective, enabling them

to do their work competently. The outcome of the learning is more

important than the number of hours spent on it

RICS Red Book (RICS Appraisal and Valuation Standards)

Contains mandatory rules, best practice guidance and related

commentary for all RICS members undertaking valuations

Divided into two main parts:

• Rules and guidance applying to RICS members anywhere in the world and consistent with the International Valuation Standards

• Material relating specifically to particular countries (currently only for UK and the Republic of Ireland)

Plus: a related suite of Valuation Information Papers which discuss

valuation methodology as it relates to specific property types

For further information, see www.rics.org/redbook

RICS Regulation• Separate regulation entity based in UK

• Responsible for taking appropriate action where RICS members or firms fall short of the expected standard

• Sanctions include:- fixed penalty notices such as fines- consent order through which a member or firm agrees with RICS how to put the problem right- disciplinary penalties up to and including expulsion from RICS

• More info at www.rics.org/newregulation

RICS Routes to Membership

Graduate Route

Adaptation Route

Senior Professional Route

Academic Route

RICS Pathways

Arts and Antiques Housing Management and Development

Quantity Surveying and Construction

Building Control Machinery and Business Assets

Research

Building Surveying Management Consultancy Residential Property practice

Commercial Property practice

Minerals and Waste Management

Residential survey and valuation

Environment Planning and Development

Rural

Facilities Management Property Finance and Investment

Taxation Allowances

Geomatics (incl. hydrographic)

Project Management Valuation

RICS APC

The APC (Assessment of Professional Competence) is

a period of structured practical training and

professional development that ends with the Final

Assessment and ensures that candidates joining RICS

are competent to practise as a chartered surveyors

Danske Byggeøkonomer Direct Entry – WHO?

Danske Byggeøkonomer members having successfully

completed the Danske Byggeøkonomer postgraduate

course, and having at least 10 years relevant professional

experience of which at least 5 years post graduation

Danske Byggeøkonomer Direct Entry – HOW?

• No RICS Final Assessment required

• Send CV using RICS CV template + proof of Danske Byggeøkonomer qualification to Mikael Wadsten on mwadsten@rics.org

• Once approved by RICS, Mikael will request you to complete the admission form and return it with the appropriate payment

• Payment:- Library Obligation Fee (one time) 73.13 EUR- Entrance Fee (one time) 118.48 EUR- Annual subscription 365.68 EUR* (*1/1-31/12/2008 rate)

Your contact person:

Mikael WadstenRegional Manager Nordic

Mob. +46 709 731 000

Email mwadsten@rics.org

Thank you for your time and attention