World banks should support international valuation standards
World banks should support international valuation standards
- 2001
- RICS Press Release (pr074) 31 May 2001, (8) .
RICS urges world banks to adopt the international valuation standards of the property profession where property is used as collateral to bank lending. RICS has made a number of recommendations to the Basel Committee on Banking Supervision (BCBS) which is currently consulting on a New Basel Capital Accord (NBCA); this will be the basis on which major bank lending will be undertaken in the future.
BASEL ACCORD
BASEL COMMITTEE ON BANKING SUPERVISION
NEW BASEL CAPITAL ACCORD
CONSULTATION
VALUATION STANDARDS
PROPERTY INDUSTRY
RICS urges world banks to adopt the international valuation standards of the property profession where property is used as collateral to bank lending. RICS has made a number of recommendations to the Basel Committee on Banking Supervision (BCBS) which is currently consulting on a New Basel Capital Accord (NBCA); this will be the basis on which major bank lending will be undertaken in the future.
BASEL ACCORD
BASEL COMMITTEE ON BANKING SUPERVISION
NEW BASEL CAPITAL ACCORD
CONSULTATION
VALUATION STANDARDS
PROPERTY INDUSTRY