December 7, 2020 at 11:40 am
#38186
Kai Jie Ang
Participant
The amount of due diligence should be calibrated based on the risks prevalent in the target company. Every industry has its own set of inherent risks as well as laws set out by the government to regulate day-to-day practices. Therefore, it is necessary to perform a thorough risk assessment before ascertaining the amount of resources to vest towards due diligence. There are several good examples mentioned above, such as financial services industry, which is known for being one of the most rigorously regulated.