Max Crofts, RICS President

SSBV members set to adopt the RICS mark of property professionalism demanded by financial institutions, corporations, governments and organisations.

All existing members of The Society of Share and Business Valuers (SSBV) have been invited to take up full membership of RICS (Royal Institution of Chartered Surveyors). By accepting the invitation, their members will operate under the RICS mark of property professionalism; increasingly demanded by the world’s largest financial institutions, corporations, governments and organisations that depend on the consistent and reliable valuations provided through RICS standards.

The offer of membership is open to all existing full SSBV members who will be offered direct entry into RICS. As leading professionals in the field of intangible asset and business valuation, they are well known for their expertise and excellence and as such possess the high standards of practice that are synonymous with the RICS brand.

With SSBV members onboard, RICS’ valuation professional group will introduce a specialist designation for those members who are qualified and practise in business valuation. Once the forthcoming valuer registration scheme is up and running they will be able to use the specialist title of RICS registered business valuer. The current leadership of SSBV will also be invited to play an integral part in shaping the business valuation discipline within RICS following transfer of membership.

Max Crofts, RICS President says: “RICS has been working closely with the council of the SSBV and existing RICS members in developing our approach to valuation of intangibles and businesses as a specialist skill. This group of highly skilled professionals represents the core of an important valuation discipline which will create a centre for excellence and thought leadership within the field of business valuation within RICS.”