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Finsec Law Advisors (asialaw)

India (asialaw)

2026_asialaw Outstanding Firm.svg
Key contacts
Executive Assistant: Rashmi Halankar
Quick facts
Partners

3

Other qualified practitioners

11

Total number of lawyers

14

Languages

English

Key practice areas
Investment funds (asialaw)
Regulatory (asialaw)
Industry Sector: Banking and financial services (asialaw)
Firm overview

Finsec Law Advisors is one of India’s top-rated financial sector law firms, providing legal and strategic advice to a diverse set of clients in the fields of financial, securities and investment laws. We combine our extensive industry knowledge and depth of expertise in financial regulatory matters to deliver high quality and responsive legal services. The firm regularly assists and advises clients on securities, financial and corporate governance matters including domestic and cross-border investments, regulatory compliances, licensing, and structuring transactions, businesses and products. The firm also routinely advises and represents clients in securities enforcement actions, financial litigations and settlement negotiations in relation to matters ranging from fraud, insider trading, front-running to non-compliance with takeover regulations and disclosure norms.

We cater to a wide spectrum of clients including domestic and global investors, financial institutions, wealth management firms, mutual fund houses, listed companies, market infrastructure institutions, self-regulatory organisations and fintech ventures. We are constantly committed to improving the securities and financial regulatory architecture in India and regularly contribute towards market reform projects and policy work. The firm’s leadership has served on key positions in financial market committees of the International Law Association, London (ILA), Bretton Woods Committee, Washington DC, Confederation of Indian Industry (CII), Federation of Indian Chamber of Commerce of India (FICCI), Bombay Chamber of Commerce and Industry (BCCI) and Indian Merchant Chambers (IMC). The firm routinely interacts with financial regulators to improve regulatory frameworks and has advised the Parliament's Standing Committee on Finance on securities law amendments. We also take pride in being affiliated with Erasmus Mundus for its European Master in Law and Economics (EMLE) programme as its Associate Partner.

Practice areas & sector specialisations
  • Regulatory
  • Securities and Investment Regulations
  • Financial services
Other offices

Mumbai, 400051, India
C-805, One BKC, Bandra Kurla Complex, Mumbai, Maharashtra 400051
Tel: 9867206418
Email: admin@finseclaw.com
Web: finseclaw.com

Address:
C 805, One BKC, G-Block,
Bandra Kural Complex
Mumbai - 400051,
Maharashtra, 400051
India
Tel:+91 98 6720 6418 Email:Contact Us Web Address:https://www.finseclaw.com/
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Overview
Finsec Law Advisors is a specialist Indian firm focused on financial services regulation, securities and investment laws. The firm is active across advisory, enforcement, disputes, settlement, policy and product-structuring matters, and is particularly visible in mandates involving SEBI, SAT and other financial regulators. Its practice is led by Sandeep Parekh, Anil Choudhary and Nishant Prasad.

The firm’s client profile spans market infrastructure institutions, listed companies, domestic and global financial institutions, fintech platforms, intermediaries, asset managers and investors. It advises all three of India’s recognised stock exchanges and more than 20 of the top 30 listed companies by market capitalisation. Finsec’s market positioning is strengthened by its policy credentials: the firm has advised the Parliamentary Standing Committee on Finance, contributed to securities law reform initiatives, and works with regulators and ministries on policy development. Its disputes capability covers enforcement proceedings, investigations, inspections, adjudication, settlement and appeals, while its advisory work includes licensing, structuring, internal governance policies, fintech models, investment management and regulatory registrations.

Client feedback

“Throughout the engagement, Finsec Law Advisors demonstrated a strong grasp of the capital markets regulatory framework. The team was thorough, responsive and highly accommodating, consistently delivering within tight timelines. Its extensive capital markets expertise enabled it to anticipate institutional expectations, navigate evolving requirements effectively and provide practical, solution-oriented guidance. We found the team to be a dependable adviser.” – Capital markets

“Very responsive, with pragmatic and solution-oriented advice.” – Regulatory

“Finsec Law Advisors stands out for its deep expertise in financial services regulation, particularly in matters relating to securities law, investment advisory regulations, mutual funds and the evolving regulatory landscape governed by SEBI.

One of the firm’s key strengths is its ability to combine strong legal analysis with practical industry understanding. The team demonstrates exceptional clarity in interpreting complex regulatory frameworks and translating them into actionable, commercially practical advice for clients.

The firm is particularly impressive in its understanding of the financial services and wealth management ecosystem, including registered investment advisers, mutual fund distributors, portfolio management services, alternative investment funds and capital markets intermediaries.

The team possesses high-quality drafting and representation skills, particularly in regulatory submissions, policy representations and stakeholder engagement matters. It demonstrates strategic thinking and strong problem-solving abilities, taking a balanced approach that considers both legal nuances and business realities.

The team is responsive and accessible, ensuring timely guidance even in matters involving evolving regulations and tight timelines. It also demonstrates thorough research capabilities and close attention to detail, particularly in matters involving regulatory interpretation and policy advocacy.

Finsec Law Advisors also engages effectively on industry-level issues and represents broader ecosystem concerns before regulators and committees. What distinguishes the firm is its commitment to understanding the wider impact of regulatory developments on market participants and its ability to provide thoughtful, well-reasoned and solution-oriented advice. Its support in ongoing industry representation matters has been exceptional and highly valuable to us.” – Regulatory

Anil Choudhary

“Anil is highly intelligent, sharp and exceptionally knowledgeable, particularly in matters relating to financial services regulation, securities law and industry policy. He has a strong analytical mindset and the ability to understand complex regulatory and commercial situations quickly, often providing clear, practical and strategic solutions.

One of Anil’s key strengths is his ability to combine technical legal expertise with a deep understanding of the realities and dynamics of the financial services industry. He is thoughtful in his approach, detail-oriented and consistently demonstrates sound judgment in both advisory and strategic matters.

He is also highly responsive, articulate and solution-oriented, with the ability to engage effectively with diverse stakeholders and present nuanced perspectives in a structured and persuasive manner. His drafting, research and strategic advisory capabilities are particularly impressive.

Overall, Anil brings a rare combination of intelligence, regulatory insight, professionalism and practical commercial understanding, making him extremely effective in handling complex and sensitive matters.”

“Anil, together with his team and Sandeep, the managing partner, was deeply involved throughout the engagement and demonstrated commitment and diligence at every stage of the process. Anil and his team’s extensive expertise in capital markets regulation, coupled with a nuanced understanding of the expectations and workings of institutional stakeholders in an evolving regulatory landscape, proved invaluable.

Given the compressed timelines under which we were operating, Anil was responsive, dependable and solution-oriented. He consistently made himself available, worked collaboratively to identify practical solutions and ensured that timely legal support was delivered efficiently, supporting our change-of-control application within the required timeframe.”

Sandip Parekh

“Solution-oriented, with a deep understanding of the regulatory framework and how to navigate it.”
Linked Reviews
Banking and finance (asialaw)
Work highlights

Represented six foreign portfolio investors in SEBI adjudication proceedings and a parallel settlement process arising from a large front-running investigation. The mandate is notable because the FPIs were described in the submission as victim-side investors whose trades had allegedly been exploited by third parties, yet they faced proceedings under the FPI Regulations’ code of conduct framework.

Advised a global quantitative trading firm in a significant SEBI enforcement matter concerning alleged manipulation in index options trading. The firm’s work included strategic advice, preparation of a response to SEBI, and proceedings before SAT concerning inspection rights.

Advised a major securities depository in connection with a regulatory inquiry arising from a technical glitch incident. The work involved legal analysis of regulatory disclosure obligations, exchange and regulator communications, business-continuity and disaster-recovery issues, financial disincentive exposure, remedial measures and the preparation of a comprehensive submission to SEBI.
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