- Volume 16 (2014)
- Vol. 16 (2014)
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- Issue 6
- No. 6
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- Pages 157 - 159
- pp. 157 - 159
What is due diligence? Making the case for a more responsible art market
DOI https://doi.org/10.15542/KUR/2014/6/4
As the art market continues to grow in complexity and risk, so too must the onus to undertake business in a more transparent and responsible manner. Modern technology and databases have made records more accessible than ever leaving ignorance as little defence when faced with a claim. With reference to some key examples from 2014, this article explores the value of due diligence not only as a necessary element of any transaction but also as a commitment to best practice in the growing marketplace.