35 years: Capital markets
In this video, Kate sets out the key elements of the due diligence investigation as well as the timing and extent of due diligence for different markets and different products. She further provides some insight into who is responsible for performing due diligence within banks.
In this video, Kate sets out the key elements of the due diligence investigation as well as the timing and extent of due diligence for different markets and different products. She further provides some insight into who is responsible for performing due diligence within banks.
11 mins 49 secs
The goal of the due diligence exercise is to protect the issuer and the lead manager (or lead managers) against potential claims made by investors. The best defence is to show that, in preparing the prospectus, the issuer behaved prudently and that duty of care owed to investors was properly discharged.
Key learning objectives:
Understand the three elements that constitute due diligence
Understand the timing and extent of due diligence for different markets and different products