RICS Valuation - Global Standards 2017 - Simplified Chinese translation
The new edition of the Red Book (the RICS Valuation – Global Standards 2017) took effect from 1 July 2017, the same date as the IVS 2017 (which published earlier this year).
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.
Any members who downloaded the advance copy released on 6 June 2017 (prior to final publication checks) are advised that no substantive changes have been made in this final version.
A summary of key changes are available at https://www.youtube.com/watch?v=IT49GmWdops