RICS Valuation Global Standards 2023 (Record no. 121681)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02502cam a22002775a 4500 |
| 001 - CONTROL NUMBER | |
| control field | L160192 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 231020s2023 xxk fo 000 0 eng d |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 9781783215065 |
| 041 0# - LANGUAGE CODE | |
| Language code of text/sound track or separate title | eng |
| 110 2# - MAIN ENTRY--CORPORATE NAME | |
| Corporate name or jurisdiction name as entry element | Royal Institution of Chartered Surveyors |
| 9 (RLIN) | 4900 |
| 245 00 - TITLE STATEMENT | |
| Title | RICS Valuation Global Standards 2023 |
| Remainder of title | UK National Supplement |
| Medium | [electronic resource] |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Place of publication, distribution, etc. | London, |
| Name of publisher, distributor, etc. | RICS, |
| Date of publication, distribution, etc. | 2023 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 129p. |
| 490 #0 - SERIES STATEMENT | |
| Series statement | RICS Professional Standard |
| 490 ## - SERIES STATEMENT | |
| Series statement | RICS Red Book |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | The UK national supplement augments the Global Red Book for valuations that are subject to UK jurisdiction. This edition of the UK supplement addresses recommendations found in the Independent Review of Real Estate Investment Valuations, published in January 2022. One of the biggest changes is the implementation of time-limited, mandatory rotation cycles for regulated purpose valuations, alongside measures to ensure an orderly and consistent transition to the policy, standardise its governance, and prevent conflicts of interest in the commissioning and receiving of valuation reports. The new rules will prevent valuation firms from valuing an asset for regulated purposes for more than ten consecutive years, requiring a change or "rotation" to a different valuation firm. These critical changes will improve transparency, ultimately serving the public interest. Due to this wide-ranging update, which will cause business models to change for RICS regulated valuers in the UK, RICS has set a transition period for the implementation of the rotation requirements so that clients and firms have a reasonable timeframe to rotate their business relationships. The new regulations will come into effect on 1 May 2024. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | Published 19 October 2023, effective from 1 May 2024. Supersedes RICS Valuation Professional Standards UK January 2017 ISBN 9781783213276 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | This publication was reissued in January 2025 to align references to the updated Red Book Global Standards. |
| 650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | RED BOOK |
| 650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | GLOBAL VALUATION STANDARDS 2023 |
| 651 #4 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME | |
| Geographic name | United Kingdom |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Valuation |
| 9 (RLIN) | 6273 |
| 856 40 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://www.rics.org/content/dam/ricsglobal/documents/standards/rics-valuation-global-standards-uk-national-supplement-oct23_191023.pdf">https://www.rics.org/content/dam/ricsglobal/documents/standards/rics-valuation-global-standards-uk-national-supplement-oct23_191023.pdf</a> |
| Public note | 2023 version of supplement |
| 856 40 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://www.rics.org/content/dam/ricsglobal/documents/standards/UK-national-supplement_reissuedJan25.pdf">https://www.rics.org/content/dam/ricsglobal/documents/standards/UK-national-supplement_reissuedJan25.pdf</a> |
| Link text | UK National supplement 2023 re-issued Jan 2025 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Suppress in OPAC | 0 |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Shelving location | Date acquired | Total Checkouts | Date last seen | Price effective from | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Virtual | Virtual | Online | 20/10/2023 | 20/10/2023 | 20/10/2023 | Online material |