MoF looks to remedy valuation activities

To address issues in valuation activities causing adverse consequences and budget losses, the Ministry of Finance (MoF) has requested that leaders of valuation companies immediately rectify their operations to ensure independence, objectivity, and neutrality and to comply with the law. MoF has suspended the operations of a number of valuation companies since the beginning of the year and revoked dozens of certificates of eligibility for businesses offering valuation services.