RICS

RICS, officially the Royal Institution of Chartered Surveyors, is a global professional body for land, property, construction and infrastructure professionals. Based in the United Kingdom, it governs professional standards, confers chartered status on its members, and oversees disciplinary and educational activities. RICS members, known as chartered surveyors, work across sectors including valuation, building surveying, quantity surveying, project management, and property consultancy.

RICS traces its origins to the 19th century and holds royal charter status. The organization is governed by a Council and elected boards that set standards and policy. Membership is gained through professional examinations and experience; designations include MRICS and FRICS. The body administers continuing professional development and maintains a code of ethics to ensure professional independence and public trust. It also accredits degree programs and supervises licensing of firms to practice under its standards.

RICS publishes standards and guidance used worldwide, including the Red Book valuation standards and the International Property Measurement Standards. It issues practice guidelines, publishes market reports and guidance on sustainability, risk management, and construction measurement. It also provides training, qualifications, and ongoing professional development for members, and operates a disciplinary process for breaches of its codes.

With members and offices in many countries, RICS's influence extends beyond the UK, offering qualifications and professional standards across global real estate and construction markets. It collaborates with governments, regulators, and industry bodies to promote ethical practice, market transparency, and consumer protection in property markets.