The Red Book Global Standards, first published in 1976, are regularly updated to keep up with changes in the market. These standards are highly regarded worldwide for valuation. The recent updates aim to maintain high valuation standards globally and ensure practices remain relevant.
Feedback from stakeholders has guided these changes, which include:
- Alignment with developments in other relevant global standards and regulations such as the new International Valuation Standards (IVS,) published 31 January 2024 and effective 31 January 2025.
- The addition of new content relating to modelling and methodsÂ
- Adaptation to practice and process changes from evolving areas such as technology and Environmental Social and Governance (ESG.)
This webinar aims to support you in creating an audit trail meeting the requirements of the RICS Rules of Conduct and the RICS Valuation – Global Standards (Red Book).
Speakers
- Ryan Cheng FRICS, Profession Support & Assurance Technical Specialist (Valuation), RICS
- Joanna Todd MRICS, Profession Support & Assurance Technical Specialist (Valuation), RICS