Regulatory Tribunal
What is Regulatory tribunal?
A Regulatory tribunal is a specialized judicial body that has the authority to interpret and enforce regulations within a specific industry or sector. It plays a crucial role in ensuring compliance with the set guidelines and resolving disputes related to regulatory matters.
What are the types of Regulatory tribunal?
There are several types of Regulatory tribunals, including:
Environmental Regulatory tribunal
Labor Regulatory tribunal
Telecommunications Regulatory tribunal
Financial Regulatory tribunal
How to complete Regulatory tribunal
Completing a Regulatory tribunal involves the following steps:
01
Understand the regulations and guidelines applicable to your industry.
02
Gather all relevant documentation and evidence to support your case.
03
Present your arguments clearly and concisely during the tribunal hearing.
04
Follow up on any additional requirements or actions requested by the tribunal.
05
Ensure compliance with the tribunal's final decision and any mandated actions.
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Questions & answers
What are the examples of tribunal?
There are tribunals for settling various administrative and tax-related disputes, including Central Administrative Tribunal, Income Tax Appellate Tribunal, Customs, Excise and Service Tax Appellate Tribunal, National Green Tribunal, Competition Appellate Tribunal and Securities Appellate Tribunal, among others.
Who regulates the RICS?
The regulatory functions of RICS are led and overseen by the Standards and Regulation Board (SRB).
What disciplinary procedures can the RICS impose?
The Disciplinary Panel will conduct a hearing to hear the evidence supporting the allegations and determine the outcome. The Disciplinary Panel may impose sanctions ranging from a fine to expulsion and can determine costs against Regulated Members.
What are interim measures in RICS?
An Interim Measure can be suspension or conditions and are imposed prior to the conclusion of an investigation into the conduct of the Regulated Member and can initially be imposed for up to 18 months.
Is RICS a regulator?
The RICS is an independent professional body which regulates and promotes the property profession. It is independent of Government and set up by Royal Charter. It sets rules of membership and professional standards and can take disciplinary action against its members for breach of these rules.