15th May 2018

LMW Strengthens Risk Management with RICS Regulation

The ‘Regulated by RICS’ stamp of approval means that LMW has met the highest-levels of international governance, submitting itself to the scrutiny of a global professional body.

As one of Australia’s largest independent property valuation and property consulting firms, publicly listed on the Australian Securities Exchange, LMW is demonstrating that it works to the highest international standards.

Being regulated by RICS gives clients and shareholders in LMW assurance that they behave ethically, with integrity and honesty, and safeguard their finances and client money.

Paul Robbins, National Commercial Director for LMW, noted: “At LMW we are committed to providing the highest professional standards incorporating superior risk management practices. Risk management is not just about protecting our business, it is very much about protecting our clients.  The extra assurance of being ‘Regulated by RICS’ means the quality and accuracy of LMW’s valuations is consistent across the entire team to the benefit of our clients.”

RICS Corporate Affairs Manager, Sarah Blankfield, commented: “We’re delighted to welcome LMW on board as our newest ‘Regulated by RICS’ firm. It confirms the positive trajectory they are on in continuing to grow trust in their business for clients and shareholders. It’s incredibly valuable that they have sought this mark of excellence, with its commitment to continue strengthening their risk management processes.”

LMW will now work together with RICS to continue to strengthen their business systems and improve processes. They will also look to further expand their professional development and compliance programmes for staff.