diligence is a secure on-line legal risk management resource covering pre-insolvency enforceability issues in connection with trading derivative transactions with different counterparty types on a cross-border basis.

diligence looks at key issues such as capacity, authority, necessary consents and approvals, exchange controls, gambling and insurance regulation. Color-coded answers for each of these issues are provided, based on underlying legal opinions commissioned specifically for diligence. 

diligence enables users to conduct cross-jurisdictional comparative analyses, so answers to key issues, in respect of particular transactions and counterparty types can be compared across one or more jurisdictions.

Benefits

• an online, user-friendly and interactive tool
• can be instantly and securely accessed by all of a subscriber 's offices, regardless of time or location
• can be used by anyone, from a credit officer with little or no legal training, to a general counsel or a head of risk management
• saves time and money spent on outside counsel or on in-house resources previously devoted to pre-trade analysis
• regularly updated to include new opinions and updates
• reduces credit and legal risk by helping subscribers, particularly dealers with global office networks, ensure that they adopt a consistent approach to capacity, authority and related issues across jurisdictions

For more information please contact your Allen & Overy relationship contact. If you do not know who your contact is, or you are a new client, please email us .