As a fall out of the credit crisis, regulators and governments globally are introspecting on every aspect of financial services regulation – be it policy formulation, administration, implementation or enforcement.
The UK has gone as far as to announce that it will abolish the Financial Services Authority (FSA) by 2012 and give more powers to the Bank of England. This represents perhaps the most significant overhaul in financial services regulations since the establishment of the FSA in 1995.
Partner
Trilegal
Among several other financial products, loan securitization received its fair share of scrutiny as a contributing factor to the overall global financial crisis marked with the Lehman collapse in 2008.
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Ameya Khandge is a partner at Trilegal in Mumbai where Vardaan Ahluwalia is an associate. Trilegal is a full-service law firm that advises on corporate and commercial law in India. The firm has offices in Delhi, Mumbai, Bangalore and Hyderabad and has over 120 lawyers, some with experience at law firms in the US, the UK and Japan.
Mumbai
One Indiabulls Centre
14th Floor, Tower One
Elphinstone Road
Mumbai – 400 013
India
Tel +91 22 4079 1000
Fax +91 22 4079 1098
Bangalore
The Residency, 7/F
133/1, Residency Road
Bangalore – 560 025
Tel +91 80 4343 4646
Fax +91 80 4343 4699
