+231. Institutions should ensure that a valuer carrying out the valuation or revaluation tasks: a. …

231. Institutions should ensure that a valuer carrying out the valuation or revaluation tasks: a. …

Institutions should ensure that a valuer carrying out the valuation or revaluation tasks:

  • a. is professionally competent and meets any national or international requirements and accepted professional standards that apply to the valuer or for carrying out a particular valuation assignment;
  • b. has the appropriate technical skills and experience to perform the assignment;
  • c. has the necessary knowledge, i.e. knowledge of the subject of the valuation, the relevant property market and the purpose of the valuation;
  • d. is independent from the credit decision process.

1. Overview

,
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/