Aug 31, 2008 21:26
16 yrs ago
French term

le suivi des diligences

French to English Bus/Financial Finance (general) reglementation bancaire
L’organisation des entreprises assujetties adoptée en application du point a de l’article 6 doit être conçue de manière à assurer une stricte indépendance entre les unités chargées de l’engagement des opérations et les unités chargées de leur validation, notamment comptable, de leur règlement ainsi que du suivi des diligences liées à la surveillance des risques.

TIA!

Proposed translations

+5
9 mins
Selected

due diligence

...

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Note added at 11 mins (2008-08-31 21:37:08 GMT)
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...to perform due diligence


due diligence
Definition

The process of investigation, performed by investors, into the details of a potential investment, such as an examination of operations and management and the verification of material facts.

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Note added at 12 mins (2008-08-31 21:38:19 GMT)
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"In fact, for many institutional investors burned by the meltdown, scapegoating the ratings firms was the simplest way to distract attention from their own failure to perform any due diligence before buying supposedly AAA-rated structured issues that yielded 200 basis points more than AAA-rated corporate bonds."

http://www.theaustralian.news.com.au/story/0,25197,24252510-...
Peer comment(s):

agree Patrice
6 mins
Thanks Patrice!
agree Serge F. Vidal : Definitely due diligence (recently imported in France)
59 mins
Thanks Serge!
agree Angeliki Papadopoulou
1 hr
Thanks Angeliki!
agree joehlindsay
3 hrs
Thanks joe!
agree Radu DANAILA
8 hrs
Thanks Radu!
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "merci!"
+1
4 hrs

oversight (of risk monitoring)

This is going on within the enterprise, so beware of applying the ordinary meaning of *due* diligence.
Basically, it's about keeping an eye on the people who are supposed to be keeping their eyes on risks and making sure they are doing what they need to be doing (les diligences). Frankly, you can collapse this all to "oversight" of the function involved (risk monitoring).
Peer comment(s):

agree Jack Dunwell
14 hrs
Something went wrong...
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