Kate in this video has covered what due diligence is and why it matters, as well as setting out the risks to underwriters and their potential liability. She also explained that there is no fixed standard for due diligence and that it can and should vary depending on a number of factors.
Key learning objectives:
What is Due diligence?
Understand why due diligence matters
Understand the risks to underwriters and their potential liability
Identify the factors determining the nature and extent of due diligence