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PRESS RELEASE 14 JUNE 2010

IVSC ADDS AMERICAN SOCIETY OF APPRAISERS TO LIST OF HIGH PROFILE SPONSORS

The International Valuation Standards Council (IVSC) has today announced that the American Society of Appraisers (ASA) has joined its growing list of sponsors.

Michel Prada, Chairman of the IVSC board of trustees, comments: “Global and national regulators are increasingly calling for the standards of international valuation practice to be raised. The IVSC’s mission is to develop globally recognised valuation standards and in order to succeed we need the support and commitment of the entire valuation profession. The American Society of Appraisers is already a member of the IVSC, and I am delighted that it has agreed to provide additional financial support as a measure of its commitment to the cause.”

Michael Evans, ASA President, said: “ASA’s Board of Governors, discipline chairs, members in leadership positions and in the membership at large recognize the important work that the IVSC is doing to shape the future of the profession by providing international standards for appraisers. ASA is very proud to join with other organizations to support that work with our sponsorship.”

The American Society of Appraisers joins other leading companies and organisations that are investing in global standards for valuation by providing sponsorship to the IVSC. These include:

American Appraisal Associates, Inc
The Appraisal Foundation
Appraisal Institute
Appraisal Institute of Canada
BNP Paribas
Canadian Institute of Chartered Business Valuators
China Appraisal Society
City of London Corporation
Deloitte Touche Tohmatsu
Duff & Phelps, LLC
Ernst & Young, LLP
Grant Thornton
Houlihan Lokey Howard and Zukin, Inc
KPMG LLP
Royal Institution of Chartered Surveyors

For more information on the IVSC, please see the website: www.ivsc.org

ENDS

For press enquiries please contact: Rohit Grover, Spada
  Rohit.Grover@spada.co.uk
  Tel: +44 (0)20 7269 1430
For further information on the IVSC please contact: Marianne Tissier, IVSC
  mtissier@ivsc.org
  Tel: +44 (0)1442 879 306

NOTES TO EDITORS

About the IVSC:
The International Valuation Standards Council (IVSC) is charged with developing robust and transparent procedures for performing international valuations through a single set of globally recognized valuation standards, acceptable to the world’s capital markets organisations, market participants and regulators, which will meet the challenges of a fast-changing global economy.

The governance structure of the IVSC, a non-profit organisation incorporated in the US, includes two independent technical Boards – the International Valuation Standards Board and the International Valuation Professional Board – and a global Board of Trustees responsible for the overall strategic direction and funding of the IVSC. The IVSC works co-operatively with national professional valuation institutes, users and preparers of valuations, governments, regulators and academic bodies, all of whom can become members of the IVSC and have an important role to play in advising the Boards on agenda decisions and priorities in the work of the IVSC.
For more information please visit: www.ivsc.org

About the American Society of Appraisers:
The American Society of Appraisers is an international organization of appraisal professionals and others dedicated to the education, development and growth of the appraisal profession. ASA is the oldest and only major organization representing all disciplines of appraisal specialists, originating in 1936 and incorporating in 1952. ASA’s headquarters is in the metropolitan Washington, DC area. For more information please visit: www.appraisers.org

TO CONTACT US: email: ivsc@ivsc.org | phone: +44 (0) 1442 879 306 | 41 Moorgate, London EC2R 6PP, United Kingdom