Investment Due Diligence and Counterparty Assessment for Recovered Asset Funds

Course overview

Recovered assets carry a particular reputational risk. If forfeited funds are placed with a weak bank, managed by a conflicted fund manager or sold to a buyer linked to the original offender, the public loses both money and confidence. This due diligence course for recovered asset funds equips officers to assess every counterparty before money or property changes hands.

Participants learn to run financial, integrity and operational due diligence on banks, fund managers, custodians, auction buyers and partners in social reuse projects. The course covers credit and liquidity assessment, ownership and politically exposed person checks, sanctions screening, conflict of interest reviews and the design of proportionate questionnaires. Particular attention is paid to the risk of assets returning to the offender's network through proxies. Participants practise on case files involving a bank placement, a fund manager tender and the sale of a forfeited commercial property.

By the end of the week, participants can design a due diligence framework, apply it consistently and document decisions so that they withstand audit and public scrutiny.

What you will be able to do

• Explain the financial, legal and reputational risks of dealing with unsuitable counterparties
• Assess the financial strength and liquidity of banks and custodians
• Evaluate fund managers' governance, performance and conflicts of interest
• Screen buyers and partners for links to offenders, PEPs and sanctions
• Design proportionate due diligence questionnaires and scoring models
• Document and justify counterparty decisions for audit
• Monitor approved counterparties and act on new adverse information

Who should attend

Designed for officers who place, invest or dispose of recovered assets, and for those who approve these decisions. Experience in finance, investment, procurement or compliance is expected.

• Recovered asset fund managers
• Treasury and investment officers
• Asset disposal and procurement officers
• Compliance officers
• Legal advisers to asset recovery bodies
• Board and investment committee members
• Internal auditors

Course outline

Fees are per participant in US dollars and cover tuition, course materials and your certificate. Travel and accommodation are not included.