Sep
30

Red Book Consultation

RICS have announced that the Red Book Global Standards 2017 edition will be updated to reflect changes to the International Valuation Standard with an effective date of 31 January 2020. In addition, the RICS are proposing other changes to 'Part 3 Professional standards', 'Part 4 Valuation technical and performance standards' as well as 'Part 5 Valuation'.
The consultation runs until 11 October 2019. You can read more detail here and review and respond to the consultation here.