RICS Client Money Protection CertificateMartin Slowe Property Services Limited (‘MSPS’) is required by Government legislation and RICS to operate a Client Money Protection scheme (‘CMP scheme’). This scheme provides protection, as a last resort, in the very unlikely event MSPS was, as a RICS registered Regulated firm, unable to repay a client’s money, up to the limits and exceptions set out in the scheme rules.
RICS’ CMP scheme is split into two parts:
Contact RICS if you have any questions around the RICS Client Money Protection scheme.
Contact RICS if you have a possible claim that you would like to submit to the RICS Client Money Protection scheme, please fill in the claims form on the relevant page and submit it to RICS.
The RICS Client Money Protection for Residential Agents scheme has been approved by Government under The Client Money Protection Schemes for Property Agents (Approval and Designation of Schemes) Regulations 2018. This means that as a RICS registered firm holding money in the areas covered by the regulations, will have met the legal requirements under The Client Money Protection Scheme for Property Agents Regulations (2008) to belong to an approved scheme.
For further details about the changes effective as of 1 April 2019 please follow the link to the cmp scheme
Firms may use the RICS Client Money Protection Scheme Rules as their Client money handling procedures as per the requirements set out in The Client Money Protection Schemes for Property Agents (Approval and Designation of Schemes) Regulations 2018.
Please click the link to see our RICS Client Money Protection Certificate.
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