2014-01-01
The Financial Regulatory Authority (FRA) issued Decision No. 57 of 2014 to establish minimum controls and a standardized preparation methodology for valuation reports concerning real estate assets. The decision mandates that these reports be prepared prior to the purchase or sale of properties, or during valuation processes aimed at calculating a fund's net asset value. Compliance ensures consistent assessment standards and accurate financial reporting for real estate holdings within regulated investment funds.
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Decision No. 57 of 2014
Regarding the minimum controls for the contents of the valuation report and its preparation methodology for real estate assets before purchase, sale, or when valued to calculate the fund's net asset value.
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