Restructuring IVSC

he International Valuation Standards Committee has been the leading organisation in the development of valuation standards for more than 25 years. It is recognised by many as offering the best opportunity to develop into the global standard-setter for all valuation types. Earlier this year it took the historic step of approving a restructuring initiative to better serve the international capital and financial markets and better assimilate with other international and national standard-setters as an independent valuation standard-setter.

The IVSC is calling on all those with an interest in valuation standards – valuation companies, auditors, global corporations, banks and regulators - to support the global effort to restructure the IVSC. The restructured IVSC will provide a forum and a vehicle for stakeholders to ensure that international standards are in place to foster public confidence, harmonise understanding between countries and allow investors, financiers and professionals to communicate on the same level.

Information and applications for:
– IVSC Membership
– IVSC Boards

Also see:
– Restructuring Initiative: Meeting the Challenge to Develop Global Valuation Standards (Nov-2007)
– Comments on Restructuring Proposal
– Proposal on Restructuring the IVSC (Jan-2007)

TIMETABLE FOR RESTRUCTURING
April 2007 – IVSC member institutes voted to restructure the IVSC
May to October 2007 – new Business Plan agreed
November 19 2007 – IVSC member institutes vote on new By-laws
November 2007 – May 2008 Interim Board of Trustees and Interim Standards Board operational
May 2008 – restructured IVSC in operation