Red Book: RICS Valuation – Global Standards 2017 ARCHIVED

The RICS Valuation – Global Standards 2017 took effect from 1 July 2017, the same date as the IVS 2017.

The accompanying Basis for Conclusions explains the rationale behind the more significant changes made in the final version of the Red Book 2017. Specifically, it addresses the main refinements made in consequence of the responses received to the public consultation. It has been produced purely to assist the reader and does not form part of the standards.

Following the publication of the new edition of IVS, an updated Red Book takes effect from 31 January 2020 in line with the IVS.