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Andymacp
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Was reading the Royal Institute of Chartered Surveyors professional standards, RICS Valuation – Professional Standards global January 2014

 

http://www.rics.org/Global/RICS_Valuation_Professional_Standards_global_2014_June2015reprint_2014edition_PGguidance_2015.pdf

 

(a captivating read....) and happened across this passage which reminded me of this thread:

 

PS 2 Ethics, competency, objectivity and disclosures

 

4.2 There is a general duty to treat information relating to a client as confidential where that information becomes known as a result of the professional relationship and is not in the public domain. The risk of disclosure of confidential information is a material factor that the valuer should consider in assessing whether or not there is a potential conflict of interest. A factor to be borne in mind is that it may be necessary to disclose some details of the valuer’s involvement in the subject of the valuation. If an adequate disclosure cannot be made without breaching the duty of confidentiality, then the instruction should be declined. The duty of confidentiality is continuous and ongoing, and includes current, past and even potential clients.

 

Food for thought for me, even though not marrying up exactly with the type of circumstances the OP described (which were technically 'legal' but potentially morally 'awkward') and mindful that it's an extract from a Chartered org and Arb is still a bit fractured on that front....

 

It was quite a good read actually!

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