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Commonly known as the RICS Red Book, the 2017 Global edition reflects changes made to the International Valuation Standards which take effect from 1 July 2017.
This revision of the Global section of the Red Book has been necessary to reflect the changes that have taken place to the International Valuation Standards (IVS) 2017.
These changes do not directly impact on the content of the UK Red Book and, as such, the UK section has not been updated at this time. Work is currently ongoing to completely review the UK chapters, both the content and the presentation, and it is anticipated that these revisions will be published during 2018. In the meanwhile, the current UK chapters continue to apply.