DUE DILIGENCE IN THE AGE OF CORONAVIRUS

On 6 April, Cadwalader Wickersham and Taft LLP published an article – one of very, very many concerned with the coronavirus and its effect on business and business activities – saying that, in the context of COVID-19, there are significant challenges involved in conducting due diligence: hard-copy documents are inaccessible, in-person meetings have moved online, and on-site visits may be impossible.   It provides advice on how companies can and should nonetheless continue to comply with the law by adjusting policies and procedures, mitigating new risks that arise through the use of alternative diligence methods, and by staying abreast of changing regulatory expectations.

https://www.jdsupra.com/legalnews/covid-19-update-are-you-for-real-due-33150/

 

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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