Valuation Standards Around the World
We have compiled profiles of the valuation regulatory infrastructure in over 100 jurisdictions from around the world. The objective is to provide an oversight of the extent of valuation regulation globally and where and how the International Valuation Standards (IVS) are used.
For each jurisdiction the following information has been collated:
• Any laws or regulations restricting who may provide certain types of valuation and, if so, the types of valuation.
• If there are legal restrictions, the body responsible for certifying or approving valuers.
• If there are any legal or regulatory requirements to use the IVS.
• Whether the government or a government approved body issues or endorses the issue of national valuation standards.
To search for information, select the country or territory from the drop down list below.
A list of valuation profession organisations (VPOs) within each jurisdiction* is also provided together with answers to the following questions:
• Are they an IVSC member?
• Do members have to follow IVS?
• Does the organisation issue its own standards?
• If so, do these include, replace or extend IVS?
* Where a VPO has operations and members in a number of jurisdictions we have only listed them in their place of origin. We have classified any professional organisation that promotes its members as undertaking valuations of real property, business, intangible or financial assets as a VPO.
To compile these profiles we have used information from our own knowledge of the profession and public information available on websites. We acknowledge that there will be inaccuracies and omissions and welcome any additions or corrections. Please contact us with any suggested updates to the current country information or details for any country not listed. If possible, please include links to, or citations of, documents from which the information can be verified.
Additional information and overview of research.
We have also used the information from this research to produce a report on our findings and what lessons we suggest can be learnt for the improvement and advancement of valuation standards around the world. To see this report follow the link below:
Country and Jurisdiction Profiles
CAUTION: The information in these profiles is for general guidance only and will change from time to time. You should not make any decision based on the information in the profiles without taking appropriate professional advice.
The following abbreviations have been used in the profiles:IVSC - International Valuation Standards Council | IVS - International Valuation Standards | TEGoVA - The European Group of Valuers' Associations | UPAV - Union of Pan-American Valuers | iiBV International Institute of Business Valuers