The Board of Directors of the Saudi Authority for Accredited Valuers,
based on the powers entrusted to it,
after perusal of article 28 of the Law of Accredited Valuers, which states: “The board shall exercise the powers necessary for the conduct of the affairs of the authority and the achievement of its objectives stipulated in this law. In particular, it has the following: 2. Reviewing, developing, and approving valuation standards, code of conduct, and the programme for monitoring the quality of professional performance.”
and after perusal of the Code of Conduct and Ethics of the Valuation Profession issued by board decision 7/39/B/23 dated 11 Ramadan 1444,
hereby decides
First: The Code of Conduct and Ethics of the Valuation Profession is hereby approved in accordance with the form attached.
Second: The code must be published in the official gazette, and comes into force after the lapse of 30 days from the date of its publication.
May Allah provide success.
His Excellency Mr Mohammed bin Abdullah Al-Jadaan
The Minister of Finance Chairman of the Board of Directors of the Saudi Authority for Accredited Valuers
Issued on: 6/1/1445
Corresponding to: 24/7/2023
Published in Umm Al-Qura 4997 issued on 8 September 2023.