REGULATORY PRACTICE AND SECURITIES LAW

The Firm actively advises clients in relation to issues pertaining to securities laws in India. The Firm is reputed to be one of the foremost in its securities practice. The Firm actively advises the Indian arms of the top global investment banks and some of the larger domestic investment banks in almost all areas pertaining to securities laws. With the growth of the Indian financial markets, this area of the Firm’s practice has grown incrementally. Some of the areas where the Firm regularly advises clients are: issues related to investments by foreign institutional investors and venture capital firms, the takeover and insider trading regulations, asset management, mutual funds, wealth management, corporate governance, trading and settlement, custody and depositories.
The Firm is focused on being updated with the latest developments so that it is well positioned to provide timely and accurate advice to its clients. Several members of the Firm are in a position to engage in a constructive dialogue with the securities regulator which gives the Firm the advantage of open discussions and a better understanding of the regulatory mindset which goes on to providing more insightful advice to its clients.
The Firm has also been engaged by its financial services clients to advise on strategising, structuring and negotiating entry into India and the expansion of their franchises in India. The Firm routinely advises its financial services clients on regulatory issues, new products and services, risk management and capital management.
The Firm has represented several leading clients in complex regulatory proceedings before the Securities and Exchange Board of India, Reserve Bank of India, the Securities Appellate Tribunal and the Serious Frauds Office. The Firm advises several financial intermediaries with respect to their financial products offerings, structured products, listing and trading of such products. The Firm regularly liaises with the Bombay Stock Exchange and the National Stock Exchange of India in this regard.
The Firm advises top Indian corporate houses in dealing with their securities and listing requirements. The Firm has participated with senior managements of leading Indian corporates to draft compliance codes and corporate governance norms. The Firm has also conducted corporate governance audits for
leading Indian corporates. The Firm has a deep understanding of related party and governance related issues which are unique to the Indian market and often the board of directors of leading Indian corporates and several prominent independent directors draw on the Firm’s experience to deal with corporate governance issues.
The Firm has also been actively advising its clients in respect of putting in place compliance manuals, setting up KYC procedures and anti-money laundering mechanisms.