NUOVE LINEE GUIDA ABI SU VALUTAZIONI IMMOBILIARI: IMPATTI ORGANIZZATIVI, COMMERCIALI E CONTABILI

In December 2015, ABI and the main interested professional categories endorsed the "Guidelines for the valuation of real estate properties pledged to credit exposures”. The document – which is not binding, being an act of self-regulation – includes the most recent European standards in terms of pledged properties’ valuation, and transposes the Mortgage Credit Directive prescriptions into the Italian regulation. The Guidelines will affect the internal organization, the commercial strategy and will have accounting implications. The Guidelines are an opportunity to create value, but to achieve that the Italian banking industry will have to review processes, competencies and IT procedures.