31/07/2021

Aquiestu Veayer

From concept to creation

RICS probe publication delayed for second time | Online

1 min read

RICS flags

An unbiased overview is at present underway into allegations that RICS tried out to suppress a essential inner report into its finances in 2018/19 and then unfairly dealt with these who sought to check out the situation.  

It is being led by a senior barrister Alison Levitt QC (of 2 Hare Court docket Chambers) and supported by regulation firm Kingsley Napley. 

The regulation firm reported today that the unbiased evaluation team has now moved into the last phase of the assessment and it is their hope to be able to provide the report to the chair of the Steering Committee of Governing Council by mid-August 2021. 

Levitt experienced originally hoped to offer the report in mid-June, but past thirty day period pushed its publication again till July, right before asserting now that it will be anticipated in August. 

RICS launched the unbiased evaluate after The Sunday Instances published allegations late final year that four directors were being ousted in November 2019 for flagging up a 2018 BDO report warning that RICS was exposed to “unidentified fraud, misappropriation of resources and misreporting of economic performance”.

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