Continuing professional development (CPD) is a commitment by RICS members to continually update their skills and knowledge to remain professionally competent.
CPD is important as RICS is a standards-based organisation and its members operate in a constantly changing environment, e.g. new legislation. RICS expects its members to be competent to provide the best possible service. CPD is a highly beneficial career tool. If it is planned and managed in the right way it can be used to strengthen the member’s business skills and to acquire new skills/specialisms.
The RICS Rules of Conduct for Members are approved by the Regulatory Board and set out the standards of professional conduct and practice expected of RICS members. Rule 6 of the Rules of Conduct for Members states:
Continuing Professional Development (CPD): Members shall comply with RICS’ requirements in respect of continuing professional development.
The requirements state that:
- members must carry out an annual minimum of 20 hours of CPD activity by 31 December and record their CPD online by the following 31 January
- of the 20 hours, at least 10 hours must be formal CPD and
- members are also required to carry out learning in relation to the RICS Global Professional and Ethical Standards at least once every 3 years.
All RICS members agree to comply with the Rules of Conduct as a requirement of membership and as part of their professional obligations. Failure to comply with the rules on CPD will be treated in the same way as any other rule breach under RICS Disciplinary, Registration and Appeal Panel Rules. The range of sanctions includes reprimand, fine, conditions on registration, suspension, publication of disciplinary findings and expulsion from membership.
Further guidance is available online and includes the comprehensive CPD FAQs, CPD Decision Tree: Formal or informal CPD? and Examples of types Formal and Informal CPD Activity.