Excellence Enablers, Finsec Law Advisors and ADSM come together to improve India’s financial regulatory system
ADSM, Excellence Enablers and Finsec Law Advisors have decided to come together by way of an exclusive agreementto build consensus to advocate a better regulatory structure and framework by making representations to government and regulators for improving the public policy on financial market regulations. They plan to advice specific industries in the financial sector and working with them to create best practices and standards of governance utilising the governance expertise of Excellence Enablers, the regulatory expertise of Finsec Law Advisors and the policy expertise of ADSM. Finally, they will work with institutional investors to create and adopt frameworks by investee companies by way of voluntary codes.
Commenting on this development, Mr. M. Damodaran, Chairperson, Excellence Enablers said, “The coming together of specialists in governance, regulation and policy aspects in the area of finance is a major step in the direction of promoting stakeholder democracy. With our shared passion for improving the standards of corporate governance, we expect to create the pull framework for companies to meet the highest benchmarks, to complement regulatory efforts which constitute the push framework of minimum standards set by law.”