The Problem with Manual Due Diligence
This month's episode of The Fine Print breaks down some common misconceptions about doing due diligence manually.
This month's episode of The Fine Print breaks down some common misconceptions about doing due diligence manually.
Every week we speak to galleries still handling compliance manually. Too often, this means doing a quick ID check, and maybe a Google Search.
It’s not laziness - most of the time, it’s simply a lack of understanding about what proper due diligence looks like.
That's why we've pulled together some of the biggest misconceptions about manual due diligence, to help you catch any mistakes before they become a major problem.
If you're unsure if your process is watertight, or just have any questions feel free to get in touch at www.arcarta.com
The Fine Print is our new monthly video series breaking down the regulatory topics that matter to the art market - with clear, practical guidance on how to stay compliant and keep business moving.
This is the second month of the show, so make sure to catch up on our first episode breaking down sanctions compliance for art businesses.
If you have any topics you would like us to cover, let us know here.
Arcarta is a Due Diligence platform for the art market and is used by over 400 Art businesses internationally.
To learn more or get in touch please use the Contact page.