Asociaţia Naţională a Evaluatorilor Autorizaţi din România

The National Association of Authorized Romanian Valuers

Asociația Națională a Evaluatorilor Autorizați din România

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Ethical Code

ANEVAR Ethical code includes five fundamental ethical principles of conduct to which a professional valuer is expected to adhere when providing a valuation service.

It is fundamental to the integrity of the valuation process that those who rely on valuations have confidence that those valuations are provided by valuers who have the appropriate experience, skill and judgement, who act in a professional manner and who exercise their judgement free from any undue influence or bias.

Accordingly, a professional valuer is expected to comply with the following ethical principles:

a) Integrity: to be straightforward and honest in professional and business relationships.

b) Objectivity: not to allow conflict of interest, or undue influence or bias to override professional or business judgement.

c) Competence: to maintain the professional knowledge and skill required to ensure that a client or employer receives a service that is based on current developments in practice, legislation, and valuation techniques.

d) Confidentiality: to respect the confidentiality of information acquired as a result of professional and business relationships and not to disclose such information to third parties without proper and specific authority (unless there is a legal or professional right or duty to disclose), nor to use information for the personal advantage of the professional valuer or third parties.

e) Professional behaviour: to act diligently and to produce work in a timely manner in accordance with applicable legal requirements, technical and professional standards. To always act in the public interest and to avoid any action that discredits the profession.