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Law firms picking regulatory brains for niche advice

Law firms picking regulatory brains for niche advice
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This is different from the trend of retired senior bureaucrats joining company boards as advisers as a goodwill gesture because of their long relationship and broad understanding of a particular sector.
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Increasingly complex and overlapping regulation and guidelines are leading law firms and head-hunters to set sights on hiring regulatory officials.
This is different from the trend of retired senior bureaucrats joining company boards as advisers as a goodwill gesture because of their long relationship and broad understanding of a particular sector.
Several large and small law firms have recently hired veterans from the Reserve Bank of India (RBI), the Securities and Exchange Board of India (Sebi), Insurance Regulatory and Development Authority of India (IRDAI), the tax and police departments to help clients deal with the complexities. ....

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Former officials from RBI, Sebi and IRDAI join law firm Cyril Amarchand Mangaldas

Former officials from RBI, Sebi and IRDAI join law firm Cyril Amarchand Mangaldas
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These three senior officials include RBI’s former executive director Lily Vadera, former executive director of Sebi, PK Nagpal and Nilesh Sathe, former Whole Time member of IRDAI.
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“These new additions comprehensively cover the entire sector, CAM will now have an integrated regulatory and policy advisors’ bench, a first of its kind in India which will offer complete business, sectoral and regulatory advice to its clients,” said the firm in its release.
Three former senior regulators, from the Reserve Bank of India, Securities & Exchange Board of India and the Insurance Regulatory and Development Authority of India, respectively, will join law firm Cyril Amarchand Mangaldas (CAM) as Senior Advisors in the firm’s Financial Institutions Group (FIG) and regulatory bench. ....

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