+193. The credit institution should ensure that each qualified appraiser on the panel: a) is …

193. The credit institution should ensure that each qualified appraiser on the panel: a) is …

The credit institution should ensure that each qualified appraiser on the panel:

  • a) is professionally competent and has at least the minimum educational level that meets any national requirements for carrying out such valuations;
  • b) has appropriate technical skills and experience to perform the assignment;
  • c) is familiar with, and able to demonstrate ability to comply with, any laws, regulations and property valuation standards that apply to the appraiser and the assignment;
  • d) has the necessary knowledge of the subject of the valuation, the relevant property market and the purpose of the valuation.

1. Overview

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Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement
  • EBA - Published by the European Banking Authority at https://www.eba.europa.eu/