OVERVIEW

With last week’s ILD No. 399 discussing Legal Due Diligence (“LDD”) in the Mining Sector, which is defined as a series of investigatory measures aiming to obtain relevant information on the benefits, liabilities, obstacles and risks of an intended actions before making an informed decision through making enquiries into legal aspects of a target company’s business in the past, present, and future,[1] this ILD will continue discussing LDD, specifically LDD in the Banking Sector – an industry populated by commercial banks, sharia commercial banks, rural banks, and sharia commercial banks.