RICS-Impact of COVID-19 on valuation
On September 9, 2020, RICS issued new warnings for assessment practices related to the COVID 19 pandemic.
The original document can be downloaded by clicking on the PDF format RICS_ENG, while the Serbian translation * prepared for the needs of NUPS members should be used with the original document in English.
* NUPS does not bear any responsibility related to the authenticity of the translation.
RICS and NAVS joint annual conference was held in Belgrade
Dear all,
On 9.9.2020. a RICS and NAVS joint annual conference with the topic „Current trends and opportunities in the SEE markets and the role of professionalism in further developing our markets“ was held in Belgrade.
The conference was held via a live video link with the participation of 18 panelists from Serbia, Montenegro, Bosnia and Herzegovina, Croatia, Romania, Great Britain.
After the initial delay of the conference, the rest passed without any technical problems, all applicants joined, and we are especially pleased to express participants praise for the topics and presentations.
In total, there were 170 participants, and we present you some of the statistics.
As the entire conference was held electronically, in the absence of photos that usually adorned these pages, we bring you part of the atmosphere from NAVS during the conference.
Professor Nick French has published a new article
REV Interview
REV Interview will be held on 17.10.2020.
Send application to office@procenitelji.org.rs
Phone problem
Telekom Srbija is performing works in our environment and during the next week in the period from 24.7. to 2.8. we could be without a phone signal.
European Business Valuation Standards (EBVS), effective immediately
TEGoVA pre-launches European Business Valuation Standards (EBVS), effective immediately
Krzysztof Grzesik, Chairman of TEGoVA, said “Europe has reached a tipping point that can only be accelerated by the current crisis – the EU is now the dominant sculptor of our regulatory environment and valuers can no longer limit their horizons to the national policy and regulatory framework. These, the first ever truly European Business Valuation Standards, prepared by highly skilled professionals, finally provide business valuers with a common European approach anchored in the EU legal order.”
Danijela Ilić, Chair of the European Business Valuation Standards Board and Member of the Board of TEGoVA, said “EBVS will impose consistency in the most important issues in business valuation, across the Union and beyond to EU candidates and neighbours. The Standards institute procedures conducive to clearly prepared, unambiguous valuation reports that are consistent with EU regulation and accounting standards, helping businesses to reap the full benefits of the EU internal market’s free movement of people, goods, services and capital.
The Standards are effective immediately, but given the current restrictions on movement, the formal launch event will take place on Friday 30 October in Brussels.
Brussels, 7 May 2020
For further information contact:
TMA Secretariat on +381 11 2422961
TEGoVA Secretariat, on +32 2 503 32 34
+32 478 22 54 53
European Business Valuation Standards at: www.tegova.org
https://procenitelji.org.rs/download/tegova-evsb-2020/
About the TMA
The European Group of Valuers’ Associations (TEGoVA) unites 72 national valuers’ associations from 38 countries representing 70 000 qualified valuers either self-employed or employed by specialist consultancies, private sector companies, government departments or financial institutions both local and international. Its European Valuation Standards (EVS) for real estate have been given precedence over all other standards by the European Central Bank in successive editions of its Asset Quality Review manual for the updating of banks’ real estate collateral values.
Ministry of finance
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https://www.mfin.gov.rs/usluge/%d0%be%d0%b1%d0%b0%d0%b2%d0%b5%d1%88%d1%82%d0%b5%d1%9a%d0%b0/
News and Events
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Contact
Grčića Milenka 39
11000 Belgrade, Serbia
Telephone:
+381 11 24 22 961