Fintech Licensing and Regulatory Advisory
We advise fintech companies, NBFCs, payment aggregators, and prepaid payment instrument (PPI) issuers on RBI licensing and regulatory approvals, including NBFC registration, Payment Aggregator and Payment Gateway authorisation, PPI licences for digital wallets, and Account Aggregator (AA) registration. We also advise on SEBI compliance for investment platforms, crowdfunding, and wealthtech businesses, guiding clients through India's multi regulator fintech landscape.
Digital Lending and Payment Compliance
We advise NBFCs, banks, and digital lending platforms on compliance with the RBI's Digital Lending Directions, including Lending Service Provider (LSP) and Digital Lending App (DLA) arrangements, Key Fact Statement (KFS) disclosure requirements, data localisation and consent obligations, and restrictions on pass-through and pooling accounts. We also advise payment aggregators and payment gateways on compliance with RBI's payment systems regulations.
Blockchain, Cryptocurrency and Virtual Digital Asset Advisory
We advise virtual digital asset service providers, crypto exchanges, and blockchain businesses on India's regulatory framework for virtual digital assets, including FIU-IND registration under the Prevention of Money Laundering Act, structuring of token offerings, and the tax treatment of virtual digital asset transactions. We also advise on the use of blockchain and smart contracts in financial services.
Fintech Compliance, AML/KYC and Dispute Resolution
We help fintech businesses build AML and KYC compliance programmes, draft fintech partnership and platform agreements between banks, NBFCs, and technology providers, and represent clients in disputes and regulatory proceedings involving fintech products and services, working alongside our Data Protection and Technology Law teams on data and cybersecurity obligations.