Set to take effect on 9 March 2026, the new standard sets out mandatory requirements and best practice expectations for RICS members and regulated firms worldwide. It addresses the growing integration of AI across valuation, construction, infrastructure, and land services - and aims to ensure these tools are used ethically, transparently, and with professional oversight.

Some of the key provisions of the new standard include:

• Governance & Risk Management: Firms must implement clear policies around data use, AI system governance, and risk documentation — including the creation of risk registers and due diligence procedures
• Professional Judgment & Oversight: Surveyors must assess the reliability of AI outputs and remain accountable for all work, applying professional scepticism and expertise throughout
• Transparency & Client Communication: Clients must be informed, in writing, of when and how AI will be used in service delivery, including options for redress or opting out
• Ethical Development of AI: For firms developing their own AI systems, the standard mandates assessments of data quality, stakeholder involvement, sustainability impact, and legal compliance

RICS acting president elect, Maureen Ehrenberg, said: “Artificial intelligence offers real promise to the surveying profession - but only if used responsibly and ethically. This standard ensures surveyors remain at the forefront of innovation while protecting clients, data, and public trust. It supports the profession’s adaptation to rapidly advancing technologies while reinforcing the core role of the surveyor - to provide trusted, independent, and ethical advice.

“This initiative reflects RICS’s broader mission to uphold the highest technical and ethical standards across the built and natural environment, ensuring innovation is aligned with the public interest.”