This article examines how due diligence checks wealth managers use on their clients should also include scrutinising investments in the same spirit. As ESG investing gains momentum, so must the mindset adjust accordingly. Dermot Corrigan, CEO of smartKYC, argues that wealth managers need to place the same emphasis on investment due diligence as KYC.
Dermot Corrigan, CEO of smartKYC, argues that wealth managers need to place the same emphasis on investment due diligence as they have done for client due diligence – applying the same rigour to know your investment checks as know your customer checks.
