ASA decides not to merge with RICS

The ASA Board of Governors rejected a much discussed but somewhat nonsensical (from a BV perspective) merger with the Royal Institute of Chartered Surveyors (RICS) at their meeting three weeks ago. Or, to quote our friend John Barton, chair of the BVC of the ASA, "while such a merger may have had some benefits for a small minority of ASA members, it offered no benefit for a majority of our members. Hence, we feel that the Board’s decision was a major positive for the business valuation discipline and the ASA."

Talks with the CICBV continue as the ASA pursues "strategic alternatives."