All RICS-regulated firms must protect the security of clients’ money on their behalf. This creates confidence to clients and the general public in the professionalism of RICS-regulated firms.
Firms that manage client accounts effectively must have robust controls and systems in place to provide confidence to their clients.
Being an RICS-regulated firm that adheres to the client money rules will give independent assurance and confidence to your clients that their funds are well protected and safe.
RICS also funds a clients’ money protection scheme. This is a free service provided to clients of RICS-regulated firms.