Companies are placing a great emphasis on due diligence.
After the most recent serious regulatory actions, it has been mandatory for every company, regardless of jurisdiction, to undertake rigorous integrity due diligence on third parties and intermediaries associated with their business operations to ascertain their legal compliance, financial viability, and integrity levels. There is a significantly increased willingness to undertake due diligence as a pre-emptive measure against fraud and corruption across industry sectors, specifically after the financial crisis.
Successful risk management begins with scrutinising the individuals and organisations with whom you will be conducting business. It also requires compliance with international laws, which can be complex and subject to change. Investigative due diligence before any transaction is a proactive countermeasure against fraud, and an economical approach to reducing vulnerabilities in the deal process. It safeguards the interests of the buyer and investors.
Even with secured, regulated investments, you should always assume fraud is a possibility. The front-line of defense against investment fraud is an educated and skeptical consumer. You must protect yourself. That’s why due diligence is necessary. The reason investment fraud succeeds is because people are lured into emotional decisions by con artists without first completing their due diligence.
Contact us without obligation and express us any of your doubts on your next business or investment, we have a legal team and contract department in charge to review your paperwork and offer his assistance.
