IVS Around the World: Where the Standards Are Required, Referenced and Recognised
The International Valuation Standards (IVS) are used as a framework for valuation in markets throughout the world and by professionals in more than 100 countries. But “global adoption” is not one single mechanism: regulators notify the standards into law, professional bodies require them of members, institutions reference them in policy, and firms adopt them as internal practice. Wherever you sit, the direction of travel is the same — IVS familiarity is steadily becoming part of the professional baseline.
Regulators writing IVS into frameworks
India. In April 2026, the Insolvency and Bankruptcy Board of India (IBBI) issued a circular notifying IVS as the valuation standards applicable to valuations conducted under India’s Insolvency and Bankruptcy Code, 2016 — with immediate effect. Insolvency valuations are among the highest-stakes assignments a valuer can take on, and India’s move places internationally agreed standards at the centre of them.
Saudi Arabia. Under the Accredited Valuers Law, issued by royal decree in 2012, every valuer practising in the Kingdom must be accredited by TAQEEM (the Saudi Authority for Accredited Valuers) and follow its rules and standards — and TAQEEM fully adopted IVS in 2014, embedding the standards in mandatory sector manuals with formal monitoring and enforcement. TAQEEM’s valuation rules are also recognised in related legislation, including laws on eminent domain, commercial collateral, bankruptcy and companies.
The Netherlands. Following the 2008 financial crisis, Dutch regulators — including the central bank and the financial markets authority — required an independent register for valuers. The result, NRVT, has required registered valuers to comply with IVS since 2014, with mandatory standards enforced through desk and field audits.
Institutions building on IVS
Also in 2026, the European Union Intellectual Property Office (EUIPO) published a landmark study on IP-backed finance in Europe, calling explicitly for a European IVS-aligned IP valuation architecture built on common principles consistent with international standards. As intangible assets play an ever-larger role in how companies raise finance, credible IP valuation — and the standards behind it — moves from specialist concern to mainstream finance issue.
A profession organised around the standards
More than 180 IVSC member organisations operate across 137 countries — Valuation Professional Organisations, institutes and academic bodies from South Africa to Canada, Romania to Singapore, Australia to the United States. Many require or reference IVS in their own member standards, CPD frameworks and qualifications. You can explore the global network on the IVS around the world page.
What this means for you
If you prepare, review or rely on valuations, the practical question is no longer whether IVS will reach your market, but whether you can demonstrate that you understand the standards when it does. A structured orientation — covering how IVS is developed, how the General Standards follow the valuation process, and how the Asset Standards apply to specific classes — is the fastest way to get there.
Explore the examples
Build your understanding of IVS
Understanding IVS: The Foundations of Global Valuation Practice is the IVSC’s official online course — 16 self-paced modules covering every chapter of the latest IVS, with insights from the board members who develop the standards. Approximately 6–8 hours, with a verifiable certificate of completion. Group rates available.
Register nowMember of a professional body? If your organisation is an IVSC member, check with them directly — Affiliate Partners can offer their members a discounted enrolment rate via their own registration link.