Financial Services and FinTech
In Indian financial services the regulator moves by direction and circular rather than by amendment, and a product can become non-compliant without a line of law changing.
How We Help
We advise non-banking financial companies, payment businesses, lending platforms, insurance intermediaries and financial technology providers. Licensing and registration, and the honest question of whether a proposed model requires a licence at all, which is where most fintech legal work actually begins. Product structuring against the digital lending framework, the outsourcing directions, and the customer protection expectations that attach to each. Partnership, co-lending and sourcing arrangements between regulated and unregulated entities, and the allocation of responsibility that the regulator will look at first. Payment aggregation, prepaid instruments and account aggregation. Data, consent and localisation. Recovery practice, which attracts enforcement disproportionately. Regulatory correspondence, inspection response and enforcement defence. Foreign investment conditions in regulated financial entities.
Licensing threshold question
Product structuring vs directions
Enforcement & inspection response
Experience
The matters below are described without identifying the client, unless the client has consented in writing to being named.
