The latest of the Red Book — the RICS Valuation, Global Standards 2017, took effect on 1 July 2017, the same date as the IVS 2017 published.

A guide to key changes

The accompanying Red Book 2017 (Global Edition) — A guide to key changes & basis of conclusions explains the rationale behind updates in the final version and highlights significant changes to ensure you can quickly identify what you must do differently to remain compliant. 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.