Griffin James Limited is committed to the safe handling of client money in accordance with RICS professional standards and regulatory requirements.
Secure handling and protection of all client funds
Ensure accounts are used only for legitimate purposes
Robust procedures to protect client interests
RICS Client Money Protection Scheme
Griffin James Limited is a member of the RICS Client Money Protection Scheme for Surveying Services, providing additional security and peace of mind for all our clients.
Griffin James operates a general client monies account, accompanied by a case-by-case client ledger account, updated every time a payment is made or a receipt recorded to always show the current position of a particular client's case-by-case holdings.
In our terms of engagement, we confirm to clients that all client money will be held in a designated client account, that Griffin James has exclusive control over that account and that the account is held by Griffin James.
We advise clients who pay fees in advance that such payments are not covered by the Client Money Protection Scheme.
Unidentified funds will be donated to a registered charity after 3 years if the owner cannot be identified.
Griffin James ensures full compliance with all UK anti-money laundering legislation, rules and regulations for all receipts of client money, and follows the mandatory requirements of the latest edition of the RICS professional statement on countering bribery, corruption, money laundering and terrorist financing.
Full anti-money laundering compliance
Immediate investigation and remediation
Open communication with RICS and clients
If you have any questions about our client money handling procedures or would like a copy of this policy, please don't hesitate to contact us.