kaal:claim:2811718-038

Private fund investor due diligence may follow the evolutionary path of bank risk evaluation, which fifteen years ago operated without uniformity or applicable standards and is today heavily regulated and has evolved into a science.

Source quote, verbatim
In analogy to banks' risk evaluation, fifteen years ago banks operated with general risk evaluation strategies but no uniformity and no applicable standards, whereas today banks' risk evaluation is heavily regulated and has evolved into a science. Private fund IDD may follow the same evolution.
From

Wulf A. Kaal, Private Fund Investor Due Diligence – Evidence from 1995 to 2015 (2016), IV. Discussion, p. 60
https://ssrn.com/abstract=2811718 · source PDF

Cite as

Wulf A. Kaal, Private Fund Investor Due Diligence – Evidence from 1995 to 2015 (2016). SSRN: https://ssrn.com/abstract=2811718

Holds when
Classification

predictivesupport: speculativesystemic-riskrisk-and-incentives

Related claims
Verify

The quote above is an exact substring of the source PDF, whose sha256 is b52152af561288173840a1cabbcf8f4b337e73507c856ee01600799073f4156f. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/fc540392997be722...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2811718-038.md | sha256sum