000			01908nam a22002297a 4500
008			240701t2024 xxk|||||o|||| 00| 0 eng d
041			_aeng
110			_aRoyal Institution of Chartered Surveyors
245			_aRICS Red Book Global Standards 2024 _ba consultation _h[Electronic resource]
260			_aLondon, _bRoyal Institution of Chartered Surveyors, _c1 July 2024
300			_a181p.
490			_aRICS Consultation
520			_aThe changes to the existing Red Book Global Standards will reflect: Implementation of Valuation Review recommendations; Alignment with development in other relevant global standards and regulations such as the new International Valuation Standards (IVS) published January 2024, IFRS and Basel 3.1; Adaption to practices and processes for emerging trends like ESG and technological advancements We are also considering the following restructuring to be effective from 31 January 2025, with each VPS appropriately cross-referencing IVS: VPS 1: will remain as VPS 1 (Terms of engagement)  VPS 2: will become VPS 4 (Inspections, investigations and records)  VPS 3: will become VPS 6 (Valuation reports)  VPS 4: will become VPS 2 (Bases of value, assumptions and special assumptions)  VPS 5: will be split into VPS 3 (Valuation approaches and methods) and VPS 5 (valuation models) . Consultation opened 1 July 2024 closes 2 August 2024.
650			_aRED BOOK
650			_aVALUATION
651			_aInternational
690			_aValuation _96273
710			_aRoyal Institution of Chartered Surveyors
856			_uhttps://consultations.rics.org/gf2.ti/-/1640962/212553221.1/PDF/-/Global%20Red%20Book%202025_clean%20for%20consultation.pdf _zView the consultation document on RICS.org
856			_uhttps://consultations.rics.org/globalredbook2024/consultationHome _zView the RICS iConsult homepage on Global Red Book 2024
942			_n0
999			_c121959 _d121959