The latest edition of RICS Valuation – Global Standards ('Red Book Global Standards') is effective from 31st January 2022, the same date as the latest edition of IVS becomes effective.
RICS translates the Red Book into some languages such as French and German, and for those where a translation is not available, we have provided supporting documents in English. If you think a document or translation is missing from this page, please contact us at standards@rics.org.
The accompanying Red Book Global — Basis for conclusions explains the rationale behind updates in the latest 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 as a 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.
حمل النسخة العربية من معايير التقييم العالمية ٢٠٢٠ للمعهد الملكي للمساحين القانونيين RICS "الكتاب الأحمر"
حمل النسخة العربية من معايير التقييم العالمية 2022 "الكتاب الأحمر" للمعهد الملكي للمساحين القانونيين.
المرجع الشامل لأعضاء المعهد ويشمل المعايير المهنية والفنية لممارسة مهنة التقييم بالإضافة إلى أدلة تطبيقية لأنواع متعددة من الأصول وأغراض التقييم كما يتضمن معايير التقييم الدولية السارية من 31 يناير 2022.
Download the local jurisdiction guide
This jurisdiction guide examines each factor in its local context and highlights those that are likely to have a significant impact on the valuation of a property located in the country concerned.
Download the Red Book national supplement for Australia
This national supplement sets out supporting guidance for members on the application of RICS Valuation – Global Standards 2017 (Red Book Global Edition) to valuations undertaken subject to Australian jurisdiction.
Download the Portuguese translation of the Red Book 2017.
This jurisdiction guide examines each factor in its local context and highlights those that are likely to have a significant impact on the valuation of a property located in the country concerned.
Download the translated Global Red Book for 2017
Download the translated Basis for Conclusions for the Global Red Book 2022
Download the updated National Supplement to the Red Book for Cyprus, published September 2021.
Download the local jurisdiction guide
This jurisdiction guide examines each factor in its local context and highlights those that are likely to have a significant impact on the valuation of a property located in the country concerned.
Download the translated Global Red Book for 2017
Download the translated Basis for Conclusions for the Global Red Book 2022
Download the translated Global Red Book for 2017
Download the translated Basis for Conclusions for the Global Red Book 2022
Download the updated National Supplement to the Red Book for Greece, published April 2022
Download the Red Book national supplement for Hong Kong.
This guidance note provides assistance to RICS members on the application of the RICS Valuation – Global Standards 2017 (the Red Book) to valuations that have to be provided in compliance with the jurisdiction requirements in Hong Kong.
This jurisdiction guide examines each factor in its local context and highlights those that are likely to have a significant impact on the valuation of a property located in the country concerned.
Download the Red Book national supplement for India
This national supplement sets out supporting guidance for members on the application of RICS Valuation – Global Standards 2017 (Red Book Global Edition) to valuations undertaken subject to Indian jurisdiction.
Download the local jurisdiction guide
This jurisdiction guide examines each factor in its local context and highlights those that are likely to have a significant impact on the valuation of a property located in the country concerned.
Download the Italian translation of the Red Book 2020.
The Red Book recognises that local statute, or regulation, may have specific requirements that expand the global standards.
Download the local jurisdiction guide
This jurisdiction guide examines each factor in its local context and highlights those that are likely to have a significant impact on the valuation of a property located in the country concerned.
Download the Dutch translation of the Red Book 2020.
This jurisdiction guide examines each factor in its local context and highlights those that are likely to have a significant impact on the valuation of a property located in the country concerned.
Download the local jurisdiction guide
Download the local jurisdiction guide
This jurisdiction guide examines each factor in its local context and highlights those that are likely to have a significant impact on the valuation of a property located in the country concerned.
Download the translated Global Red Book for 2017
Download the translated Basis for Conclusions for the Global Red Book 2022
Download the Portuguese translation of the Red Book 2017.
Depending on the purpose for which it is intended, property valuation in Portugal may be subject to diverse local legislation and regulations that create specific rules. This national supplement sets out supporting guidance for members on the application of RICS Valuation – Global Standards (Red Book Global Standards) to valuations undertaken subject to Portuguese jurisdiction.
Download the Red Book national supplement for Portugal
Download the local jurisdiction guide
This jurisdiction guide examines each factor in its local context and highlights those that are likely to have a significant impact on the valuation of a property located in the country concerned.
Download the local jurisdiction guide
This jurisdiction guide examines each factor in its local context and highlights those that are likely to have a significant impact on the valuation of a property located in the country concerned.
Download the translated Global Red Book for 2020
Download the translated Basis for Conclusions for the Global Red Book 2022
Download the national Red Book supplement for Sweden (English language only).
This guidance note has been prepared primarily for financial reporting purposes, in order to comply with International Financial Reporting Standard 13 (IFRS 13), but also for reporting purposes to the IPD Sweden Annual Property Index.
Since June 2015 the UK and global portions of the RICS Red Book have been issued separately.
Clarification on the relationship between Global Red Book 2017 and the UK national supplement.
As paragraph 4.3 of the RICS Valuation - Global Standards 2017 explains, for a number of jurisdictions RICS publishes national supplements to the Red Book global standards to assist members in the application of those standards in a local context.
The UK national supplement augments the Global Red Book for valuations that are subject to UK jurisdiction. The latest edition published on 14 November is effective for valuations where the valuation date is on or after 14 January 2019. The previous edition is effective for valuations where the valuation date is on or after 6 January 2014 (with certain elements effective from 1 January 2015) but before 14 January 2019.
The changes introduced in the 2018 UK national supplement (effective from 14 January 2019) are described in the separately published Basis for conclusions document, and also summarised at pages 138 – 140 in the Supplement itself.
Download the local jurisdiction guide.
This jurisdiction guide examines each factor in its local context and highlights those that are likely to have a significant impact on the valuation of a property located in the country concerned.
Download the Red Book national supplement for the US.
This guidance note provides assistance to RICS members on the application of the Red Book 2012 to valuations that have to be provided in compliance with US jurisdiction.
This jurisdiction guide examines each factor in its local context and highlights those that are likely to have a significant impact on the valuation of a property located in the country concerned.