RICS Valuation Global Standards 2025 [electronic resource]
RICS Valuation Global Standards 2025 [electronic resource]
- London, RICS, November 2024
- 296p.
- RICS Red Book .
Published December 2024, effective from 31 Jan 2025 Supersedes Global Red Book 2022 ISBN 9781783214518 The latest version makes several crucial updates. These include: Aligning with other relevant global standards, such as the latest International Valuation Standards (IVS), published by the International Valuation Standards Council (IVSC), of which RICS is a member;
Incorporating new content on modelling, methods and risk assessment;
Practice and process changes regarding rapidly developing technologies such as AI, and, for the first time, a mandatory Environmental, Social and Governance principles (ESG) element;
The reform to AI regulation includes a commitment to transparency in its use and consistent professional judgement in its application, as well as confidentiality and data rights protections. Meanwhile, Valuers must now record relevant ESG data and consider any factors related which might impact valuation.
9781783214518 9781783215386
RED BOOK
GLOBAL VALUATION STANDARDS 2022
International
Published December 2024, effective from 31 Jan 2025 Supersedes Global Red Book 2022 ISBN 9781783214518 The latest version makes several crucial updates. These include: Aligning with other relevant global standards, such as the latest International Valuation Standards (IVS), published by the International Valuation Standards Council (IVSC), of which RICS is a member;
Incorporating new content on modelling, methods and risk assessment;
Practice and process changes regarding rapidly developing technologies such as AI, and, for the first time, a mandatory Environmental, Social and Governance principles (ESG) element;
The reform to AI regulation includes a commitment to transparency in its use and consistent professional judgement in its application, as well as confidentiality and data rights protections. Meanwhile, Valuers must now record relevant ESG data and consider any factors related which might impact valuation.
9781783214518 9781783215386
RED BOOK
GLOBAL VALUATION STANDARDS 2022
International