Regulatory Alerts2015-01-01
Board of Directors Decision No. (39) of 2015 Issuing the Egyptian Real Estate Valuation Standards
The General Authority for Financial Supervision issued Board Decision No. 39 of 2015 mandating the mandatory application of the Egyptian Real Estate Valuation Standards. Registered valuation experts, non-Egyptian financial entities, and companies listed on Egyptian exchanges must strictly adhere to these standards when valuing owned or leased real estate assets. Experts are further required to explicitly disclose their compliance with the standards within all related valuation reports.
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