World banks should support international valuation standards
Series: RICS Press Release ; (pr074) 31 May 2001, (8)Publication details: 2001Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3722-23 (Browse shelf(Opens below)) | 1 | Available | 112963-1001 |
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.