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    Exposure draft consultation

    RICS, together with the AICPA and ASA, invites stakeholders to comment on the proposed Valuation Performance Framework (VPF) exposure draft.

    The VPF has been developed from the former Mandatory Performance Framework (MPF) and is designed to promote consistency, quality and transparency across valuation engagements, while supporting professional competence, objectivity and sound professional judgement.

    We welcome feedback from valuation professionals – particularly business valuation professionals, valuation users, regulators, academics and other interested stakeholders – on the clarity, practicality and relevance of the proposed framework. All comments received during the consultation period will be considered before the framework is finalised.

    Consultation documents

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    Submit your feedback

    Please send comments to VPFConsultation@rics.org by 15 December 2026. Your input will help shape a globally relevant framework that supports high-quality valuation practice across the profession.

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