Phoenix Legal provides a wide range of regulatory assistance services including filing and procuring regulatory approvals, compliance, advice on various regulatory matters, establishment of new market participants, etc.
Our lawyers have extensive experience in dealing with a broad spectrum of regulators and a variety of regulatory issues and have a consistent track record of procuring regulatory approvals of varying degrees of complexity, for both domestic and foreign clients.
The regulators we work with include and are not restricted to: The Foreign Investment Promotion Board, Competition Commission of India, Reserve Bank of India and Securities and Exchange Board of India, Bombay Stock Exchange, National Stock Exchange and Insurance Regulatory and Development Authority.
We don’t just keep a track of developments in policy for clients but are also closely involved in engaging with regulators to change policy (by commenting on and recommending changes to some key draft regulations which are issued by the regulators to obtain public views).
Phoenix Legal has been particularly instrumental in making submissions before the IRDA for a client on an innovative transaction involving the merger of two general insurers. Our interactions with the insurance regulator led to framing of guidelines for such mergers.
Advice is provided, amongst others, in the following areas:
Phoenix Legal's 'highly rated' practice provides 'excellent quality advice and great access to partner time.– Legal 500