RICS Rules of Conduct and Global Professional Standards
Countering financial crime (professional standard, 2nd edition) – RICS Rules of Conduct and Global Professional Standards

RICS Rules of Conduct and Global Professional Standards CFC-4F: Sanctions: firm requirements

RICS-regulated firms must not transact with specially designated nationals anywhere they operate and could be exposed to sanctions; must run effective systems and controls to avoid such relationships; must train employees adequately on sanctions compliance; must periodically review the sanctions risk of existing relationships; and must screen business relationships with adequate due diligence so they do not breach sanctions law. (Recommended: a written sanctions policy, proportionate governance, recurring training and a senior person responsible.)

Maintained by Gerard BlokdykVerified against the published standard Control text last updated

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