IVSC consults on proposed updates to IVS
05 May 2023
The International Valuation Standards Council (IVSC) has launched a three-month consultation on proposed updates to the International Valuation Standards (IVS).
Key changes proposed in the consultation Exposure Draft include:
- simplifying the standards and making them more relevant for all participants in the valuation process;
- introducing new features to enhance the user experience;
- a full update to IVS 500 Financial Instruments;
- adding new chapters on data and inputs (IVS 104) and valuation models (IVS 105); and
- updating mandatory elements and expanding the scope of work requirements, including Environmental, Social, and Governance (ESG) considerations.
The consultation documents and feedback form are available on the IVSC website. The IVSC is also hoting webinars in different time zones to provide more insights and answer constituents' questions.