IVSC Asia

Welcome to IVSC Asia

The IVSC chose Singapore as its first base outside Europe, underlining Asia’s growing prominence in the valuation profession worldwide. Located at Revenue House, our Asia office plays a pivotal role in advancing the adoption of International Valuation Standards (IVS) across Asia.

The IVSC has established its presence in Singapore, aiming to:

Provide technical expertise to refine IVS and facilitate regional input.
Foster collaboration with Asia-based entities, including financial regulators, governments, and valuation professional organisations.
Organise key events such as the IVSC Annual General Meeting and thought-leadership forums tailored to Asian markets.
Establish the IVSC Asia Committee for effective outreach and engagement across the region.

Join us in shaping the future of valuation standards and propelling Asia to new heights in the global valuation landscape.

CAS-IVSC International Valuation Conference (11-12 April 2024)

The CAS-IVSC International Valuation Conference was hosted by the Shanghai National Accounting Institute (SNAI).

IVSC's Asia Director, Nicolas Konialidis, CFA, CVA, ASA-BV, recently engaged in constructive discussions with representatives from the Price Management Department of The Ministry of Finance of Vietnam (MOF).

The discussions centered on aligning Vietnamese valuation practices with international standards, addressing data, input information, valuation models, and quality control (December 2023)

IVSC Asia representatives visit The Law Society of Singapore (November 2023)

The IVSC Asia team had a fruitful discussion about collaborating with The Law Society of Singapore to enhance the quality and credibility of valuation practices in Singapore and the region. We look forward to building trust in valuation by raising awareness of the IVS to ensure consistency and professionalism in the public interest. LawSoc Representatives: Lisa Sam (President-Elect), Christine Low (Executive Committee Member), Shawn Toh (CEO)

V20 Valuation Summit & Conference

Held in Delhi, India by AaRVF in October 2023

IVAS-IVSC Business Valuation Conference 2023 (Singapore)

Mrs Lim Hwee Hua giving a Keynote Address

Land and Property Valuation Learning Week (Seoul, Korea)

IVSC Asia Director Nicolas Konialidis attends the World Bank’s 2023 Land and Property Valuation Learning Week, held from 22-26 May 2023

IVSC launches Asia Office in Singapore (7 June 2022)

The IVSC Asia Office was launched today by Ms Indranee Rajah, Minister in the Prime Minister’s Office, and Second Minister for Finance and National Development and Co-Chairperson of the Singapore IP Strategy 2030 Steering Committee.

Events

Join our outreach initiatives in Asia.

Webinars

Click to watch past webinars or sign up for upcoming ones.

IVSC Asia Sponsors & Members

As the International Valuation Standards become increasingly well-established across Asia a number of organisations have offered initial funding to begin to support a staffed IVSC office in the region. The office, which is based in Singapore, provides greater coordination to the development and promulgation of international standards and valuation professionalism across all asset classes throughout the continent and globally.

The IVSC is grateful to the founding sponsors and members of the Asia office for their commitment to international standards and a robust and vibrant valuation profession in Asia. Sponsor and member organisations share a belief that raising standards of international valuation practice will benefit business, strengthen financial markets and protect the public interest.

”The launch of IVSC Asia marks the start of an important journey for IVSC in Asia and for all parts of the valuation profession. We are grateful to the many organisations that have already come forward to support this initiative and welcome others to join this collaborative effort with public interest at its core.
Nick TalbotIVSC Chief Executive

Founding Sponsors

EBD

IPOS

Institute of Valuers and Appraisers Singapore

DBS Bank

Oversea-Chinese Banking Corporation

Sea Limited

United Overseas Bank

IVSC Asia Members

What are people saying...

”We are honoured that IVSC has chosen Singapore as its first base outside Europe and the launchpad for its activities in Asia. Establishing international valuation standards provides an important guide for valuation professionals worldwide. It ensures consistency and credibility in valuations, which also enables comparison across different companies. Having clear and comparable valuation standards will support the functioning of capital markets.
Ms Indranee Rajah, Minister in the Prime Minister's Office, and Second Minister for Finance and National Development

”We are glad that IVSC has chosen to partner Singapore in setting up its Asia office, and look forward to working with IVSC, and other international partners, to develop the business and financing ecosystem in the region.
Edwin Tong SC, Minister for Culture, Community and Youth and Second Minister for Law and Co-Chairperson of the Singapore IP Strategy 2030 Steering Committee

”The launch of the Asia office in Singapore is a very welcomed move. It brings IVSC closer to the activities and allows for greater appreciation of the business environment in Asia, which in turn bodes well for valuation professionals practicing in the region amidst a volatile marketplace. Increased adoption of IVS in Asia will provide greater consistency, which in turn can build trust within the business community that valuation professionals are well equipped to provide the necessary expertise to help businesses navigate the uncertainties in the region and globally.
Keoy Soo Earn, Regional Managing Partner, Financial Advisory, Deloitte Southeast Asia

”“This milestone event confirms IVSC’s interest and recognition of the growing Asia markets. It is significant and exciting for key stakeholders here. The proximity means closer working together and better consideration of Asian perspectives in future standard setting. The push by IVSC for greater adoption and consistent implementation of IVS in Asia will no doubt improve confidence and create value for the valuation profession here. I look forward to the collaboration and working together with IVSC Asia! “
Marcus Lam, Executive Chairman, PwC Singapore

”I am delighted with IVSC’s initiative to have an Asia office and this is a welcome move from the perspective of all valuation professionals, VPOs, regulators and users of valuations. The International Valuation Standards have gained considerable acceptance and adoption among APAC valuers, regulators and users in the past few years. Having an IVSC office in Asia underlines the importance of APAC in the global valuation arena and underpins the significance of having global standards for valuation in APAC.
Srividya Gopal, Managing Director and Southeast Asia Leader, Valuation, Kroll

”This sets a major milestone of the continued promulgation and adherence to International Valuation Standards, which are integral to the sustainable success and development of our profession. We also anticipate a stronger engagement with valuation stakeholders across the region, working collaboratively on the highest valuation standards for the betterment of business and public interest, and for the continued public trust to the valuation industry.
KK Chiu, Chief Executive, Greater China, Cushman & Wakefield; President of Hong Kong Institute of Surveyors

”Opening of the IVSC Asia office in Singapore is a tremendous boost to the broader echo system that we have been developing in this part of the world for the valuation and broader corporate finance industry. Singapore has been at the forefront in uplifting the standards and quality of our valuation professionals. IVS has become incredibly important reference for us in that regard. My hope is that IVSC Asia office will become a strategic linkage for the profession to be proactive in the whole standard setting dialogue as well.
Harsha Basnayake, Deputy Area Managing Partner, EY

”I commend IVSC for taking this bold step forward in terms of acknowledging and recognising the high level of valuation expertise prevalent in South East Asia and Asia. I look forward to greater traction between IVSC and RICS in this region in the near future, very much facilitated by IVSC’s physical presence in Singapore.
Prem Kumar, Chair of the RICS Southeast Asia Regional Board

”This is a significant milestone for the global valuation community and for Singapore, especially since this office is IVSC’s first base outside Europe, signifying the growing importance of this region and its role in standards setting.
Terence Quek BBM MSID, CEO, Singapore Institute of Directors