RICS UAE Board Annual Magazine 2010-11

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Message from Governing Council Since being elected to the International Governing Council in mid 2009 the RICS has continued to face competetion from other professional bodies and, of course the continued and extremely challenging economic environment. Despite this, under a strong leadership team, the RICS has striven to embrace the international nature of our profession and focus on the growth of the brand identity in new and emerging markets with a view to giving its new and existing membership a global identity. There have been a number of initiatives which have been proposed, debated and challenged during the course of my term to date. Each of these will affect the region in different ways and there will be some decisions which will have varying degrees of support from the existing membership. Representations have been made at IGC and the RICS Management have been supportive of the fact that small changes may be required to tailor their adoption in each market. The debate surrounding election and selection to RICS member populated boards continues and recommendation and guidelines have been issued which are currently in use. The purpose is to ensure that there is a suitable balance of experience and skills for each board. Clearly the effectiveness of this method of board formation will be become apparent in the next 12 -18 months. Many issues have been debated and considered and a number of issues remain with working groups for further refinement however the principle changes which are approved and which are due for implementation are: i) Regulation of Valuers The proposals which followed a detailed consultation process are, in summary, to register all members/firms undertaking Red Book valuations onto a scheme, gather information for risk assessment purposes about the practice of all those registered, and to monitor compliance with Red Book standards and relevant firm quality assurance processes. ii) Introduction of the AssocRICS Grade of Membership This is a replacement for the TechRICS qualification and will allow for a non-degree based membership status which with additional education and qualification enable a transition to full membership. There are clearly many potential candidates in the region which would be suitable for this route and Jim Drysdale, the World Regional Director is working closely with those responsible for the introduction of this route to ensure that we have the resources to support its implementation and that the entry process is sufficiently robust to satisfy the existing membership and that the differentiation is supported by sufficient marketing collateral to advise users of RICS Members services. iii) Restructure of the Governing Council In response to a request to review the structure of IGC, a proposal was made by a working group to increase the number of international positions. This is as a reflection of the international aspirations of the RICS and as a direct result of the growth of the profession outside of the UK. The principles of the restructure were accepted by IGC and discussions are ongoing as to the individual recommendations and it is anticipated that these will be concluded at the December meeting. The current proposition is for an additional seat to be allocated to the region. Sophie Llewellyn Governing Council Member Royal Institution of Chartered Surveyors 7
Page 3: Contents Messages from RICS Committ
Page 7: Message from RICS President I am de
Page 11 and 12: My first challenge is the formation
Page 13 and 14: the means for local issues to be ad
Page 15: RICS UAE Board 2010 Left to right R
Page 18 and 19: Elite British Education Since 1821
Page 20 and 21: Absolute ownership of land permitte
Page 22 and 23: CONNECT. LEARN. GROW. THRIVE CoreNe
Page 24 and 25: Few challenges come within 94,670m2
Page 27: Salary Survey 2010 Macdonald and Co
Page 31 and 32: RICS Training Online Academy Introd
Page 33 and 34: RICS Cricket Tournament 2010 The an
Page 35 and 36: RICS matrics UAE Five-a-side Footba
Page 37 and 38: UAE Assessors Awards 2010 Dedicated
Page 39 and 40: Roll of Honour Session Two - 2009 R
Page 41: Fresh creative thinking…. Solid c

RICS UAE Board Annual Magazine 2010-11

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