Royal Institution of Chartered Surveyors
Organization
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| 2025 | RICS reported 113,000 qualified members globally, with 105,000 Professional Members across nearly 150 countries. The majority of members remain in the United Kingdom, with significant presence in mainland Europe, Australia, and Hong Kong. |
| March 2025 | RICS president Justin Sullivan resigned after controversy over his role as an expert witness in a legal case, and referred himself to the standards and regulatory board. Nick Maclean was appointed as acting president. |
| 2022 | BCIS was spun out of RICS, becoming an independent company separate from the Royal Institution of Chartered Surveyors. |
| December 2022 | RICS announced the establishment of a new board to oversee day-to-day operations, to be chaired by Martin Samworth. |
| August 2022 | Michael Bichard was appointed as interim senior independent governor through to 31 December 2023. |
| June 2022 | A subsequent review demanded a comprehensive transformation of the institution, highlighting ongoing organizational challenges. |
| June 21 2022 | The Bichard review was published, recommending sweeping reforms for the RICS. |
| January 2022 | The Department for Levelling Up, Housing and Communities began planning legislation to enable regular reviews of RICS's governance in response to its previous decision on EWS1 forms. |
| December 2021 | RICS made a controversial decision to maintain its valuation advice requiring External Wall System forms (EWS1s) on blocks under 18m high, which frustrated government ministers. |
| December 2021 | RICS announced that former senior civil servant Michael Bichard would lead a six-month review into its governance and future purpose. |
| September 2021 | An independent review exposed significant governance issues, leading to the resignations of multiple top organizational leaders including the president, chief executive, interim chair of the governing council, and chair of the management board. |
| September 30 2021 | RICS issued a public apology to the wrongfully dismissed non-executive directors. |
| September 9 2021 | RICS CEO Sean Tompkins resigned after the Levitt Review was published, forfeiting a £190,000 bonus payment. |
| June 4 2021 | RICS' chief operating officer Violetta Parylo surprisingly resigned amid calls for reform. |
| April 2021 | Peter Oldham, chair of the independent review, resigned and was replaced by Alison Levitt QC. |
| February 2021 | RICS president Kathleen Fontana announced a strategic review into the institution's governance and member engagement. |
| January 22 2021 | RICS announced it would initiate an independent inquiry into the governance affair after initially rejecting an independent review. |
| 2020 | RICS published a new commercial lease code as a professional statement, replacing the previous iterations. The updated code reflected a more balanced lettings market between landlords and tenants, introducing mandatory obligations for RICS members and regulated firms. |
| 2019 | RICS reported financial difficulties, making a pre-tax loss of £4.7m on £91.3m of income, and subsequently made 140 people redundant. |
| November 2019 | Four non-executive directors were dismissed by then president Chris Brooke after expressing concerns about a critical BDO report on the organization's financial governance. |
| 2018 | RICS had qualified professionals in nearly 150 countries, with 134,000 accredited qualified and trainee professionals worldwide, demonstrating significant global membership expansion. |
| 2013 | Became a founder member of the coalition to develop the International Property Measurement Standards (IPMS). |
This contents of the box above is based on material from the Wikipedia article Royal Institution of Chartered Surveyors, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.