UK Red Book National Supplement Changes

Overview

In October 2023 the UK National Supplement was added to the Red Book Global Standards to set out specific requirements together with supporting guidance for members on the application of the Red Book Global Standards to valuations undertaken subject to UK Jurisdiction. It places fresh emphasis on the fact that the content is supplemental to that in the Red Book, and not a substitution for it.

These updates to the Red Book are ultimately intended to reduce the risks of conflict of interest in the commissioning of valuation reports.

This webinar will be an opportunity to hear an overview of what these changes mean for the valuation sector within the UK, with a focus on new mandatory guidance. We will also provide an opportunity to understand the top things you need to know from the update including Mandatory Rotation Policy, Public Sector Adaptation, Valuation Reporting, Existing Use Valuation, and Sustainability and ESG.

Learning outcomes