10d. ALL – Internal Risks: Due Diligence Processes (Intermediate)
The term “due diligence” has multiple applications in our industry and is a focus area by securities regulators ? as evidenced by recent enforcement cases. While this session will focus on both initial and ongoing due diligence of service providers, sub-advisors, and third-party portfolio managers, participants will also learn best practices to help them improve existing due diligence practices.
- Understand regulatory guidance and learn from recent enforcement actions
- Discuss how to draft reasonable policies and procedures for due diligence
- Maximize the effect of due diligence checklists, questionnaires, and onsite visits while maintaining both integrity over the process and eliminating potential conflicts of interest
- Learn how to identify, manage, and escalate issues discovered during the due diligence process