Update on Standards and Regulation Board from RICS President Ann Gray FRICS

In the last few days, RICS has accepted a letter of resignation from the Chair of the RICS Standards and Regulation Board (SRB), Dame Janet Paraskeva. All members of the SRB have since tendered their resignation. Dame Janet and board members have confirmed to RICS that they are able to work a short notice period to ensure a smooth transition for their successors.

RICS passionately believes in robust self-regulation in the public interest. We thank Dame Janet and her colleagues on the SRB for their service to RICS - their contributions have been immensely valuable across numerous areas including the new Rules of Conduct, fire safety and valuation.

Our activities remain in full operation and there is no break in the continuity of regulatory functions. Our staff and governance bodies will continue to work on the assessment of professionals, the setting of professional standards and the regulation of the profession. We have begun the search for a replacement Chair and board members and look forward to working with them to drive forward RICS' transformation programme.

Ann Gray FRICS

RICS President and Chair of Governing Council