RICS receives independent review report

A review into the dismissal of four RICS non-executive directors in 2019 has been completed, with the body’s steering committee given a 400-plus page report on the matter. Alison Levitt QC Levitt led a review into the dismissal of the non-executives after they questioned the handling of a critical financial report by BDO. Kingsley Napley, the law firm that supported Levitt during the review, said the report has been passed to the chair of the governing council’s steering committee, adding: “Ms Levitt has advised the steering committee that the members of governing council should take time to consider her report before deciding what action to take in relation to it.” Levitt said: “I would like to express my personal thanks to all those who have contributed to the important work of the independent review, including the many members of RICS who responded to my call for evidence: I was struck by the passion about RICS expressed by all those to whom I spoke. “RICS’ governing council will now need an opportunity carefully to consider my report and recommendations before making any decision about next steps.” A spokesman for RICS said: “The governing council of RICS is now in receipt of the independent review delivered by Alison Levitt QC and is in the process of carefully considering its findings and recommendations. We will issue a formal response once this process has concluded.” To send feedback, e-mail tim.burke@eg.co.uk or tweet @_tim_burke or @EGPropertyNews Photo: Jeff Blackler/Shutterstock