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We are increasingly aware that some Practices have found themselves required to seek FinancialConduct Authority (FCA) Authorisation, usually at the behest of certain lenders unwilling it seemsto rely on RICS Regulation as a Designated Professional Body (DPB). This does mean that the practice is subject to the Financial Ombudsman Service (FOS), the FCA’sfinancial services dispute […]
RICS PII Consultation – Might This Impact Your Practice? We had hoped to bring members news of any confirmed changes to the RICS Approved Minimum Wording for Professional Indemnity Insurance (PII) within our Spring bulletin. These amendments, highlighted within the RICS Consultation document, were due to be in place by 1st April though, at the […]