The IACVS's 2025 World Council Meeting was successfully hosted on November 13, 2025 at Korea Valuation Association in Seoul, Korea. About 20 delegates from 7 countries joined this meeting.

Mr. William Hanlin started the opening greetings. He showed his deeply thanks to every attendee coming to this meeting. Mr. Hanlin talked about the new version of the IACVS Standards was launched in October 2025, he emphasized IACVS follows the IVS standards. Meanwhile, he mentioned the IACVS education team will update the ICVS course materials at the end of 2025 and 2026, and we would also add ESG and AI test questions to ICVS examinations, we welcome all attendees provide questions that related to examinations. Besides, he shared his opinions about the ESG Best Practices project to everyone. 

Delegates made their own presentations about the valuation and regulations in their countries. They discussed and exchanged opinions with each other, too.  

Mr. Zhu Jun from Zhonghe Appraisal Co.,Ltd, introduced his career in BV. He also talked about the China regulations and The Law of the People’s Republic of China on Asset Appraisal (Asset Appraisal Law), along with the BV supervision in China.

Mr. George Badescu shared the business valuation in Romania and valuation associations in Europe.

Mr. Praveen Subramany, the chapter leader of IACVS-India, he discussed the current situation of business valuation in India, governance of BV in India, education & new ideas and new plans for 2026.  

Dr. Seoul, the founder of Korea Valuation Association (KVA), as our distinguished guest, he shared the four pillars of Korean Valuation, Regulatory Evolution ,ESG & New Frontiers from his point of review.

Mr. KeeHeon Cho from Korea Valuation Association (KVA), he introduced the mission and vision of KVA, the major projects carried out by KVA in 2025 and delivered its 2026 Strategic Focus. Mr. Cho showed KVA’s training statistics from 2023-2025 and its education plan for 2026. Besides, Mr. Cho emphasized KVA would reinforce its leadership as IACVS's Korea Charter Member through AI valuation research, global standard alignment, and regional innovation network building. He said KVA will be committed to connecting technology and markets, developing future talent and strengthening Korea's position in the global valuation ecosystem. Mr. Hanlin spoke highly of what KVA has done for past years.

Mr. Yan Quanshan, the founder and president of the North Asia Assets Appraisal Co., Ltd, he introduced his company business scopes and the great team for carrying out overseas and domestic valuation projects. Mr. Yan said they have always taken "Discovering Value, Realizing Value" as their mission. People from Mr. Yan’s company are always willing to learn the advanced valuation practices knowledge and skills from overseas professionals. They trust they can serve their clients better with these skills.

Mr. Zhang Xinghui, the co-founder of Xinliu Huigu Technology Co.,Ltd, he shared the online valuation system-which can value modern business with AI. Mr. Zhang mentioned the system is now widely adopted by OTC markets, banks, consulting firms, and government departments across China, it has served over ten thousand clients. At the end of the meeting, Mr. Hanlin, who represented IACVS, signed the MOU with Mr. Zhang Xinghui, the founder of Beijing XinLiu HuiGu Technology Co.,Ltd, both parties agreed to cooperate with each other in some areas in the near future.

This is a meaningful meeting, everyone thought we should strength communications and provide best service for clients.