Friday, April 1, 2016

Due diligence: update

Westminster © David Gill
Earlier today I posted on the adoption of a new due diligence process.

It was, of course, pure fiction (note the date).

But is it a process to which responsible auction houses, galleries, dealers and trade associations should aspire?

The content of the post lay at the heart of the evidence presented to the All Party Committee on Cultural Heritage.

Is it about time that the due diligence process was tightened and strengthened to protect potential buyers?

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