Regulatory, Tax & Audit Advisory for Banking, Financial Services and Insurance Companies
The BFSI sector operates under some of India's most demanding regulatory frameworks, spanning RBI directives, SEBI regulations, IRDAI norms and evolving fintech guidelines. Non-compliance carries severe consequences, from monetary penalties to licence revocation. Legacy Partners advises banks, NBFCs, insurance companies, fintech startups and investment firms on regulatory compliance, tax planning and audit assurance, helping them operate within the rules while pursuing growth.
How We Help BFSI Businesses
- Regulatory & Corporate Compliance: RBI compliance for NBFCs (registration, capital adequacy, asset classification, NPA provisioning); SEBI compliance for listed entities and investment advisers; IRDAI compliance for insurance intermediaries; and FEMA compliance for cross-border financial transactions
- Fintech & Digital Lending Advisory: regulatory structuring for lending platforms, payment aggregator licensing, digital lending guidelines compliance, co-lending arrangement documentation and data privacy advisory under the DPDP Act
- Tax Planning & Advisory: direct tax planning for financial institutions, withholding tax compliance on interest and dividend income, GST on financial services, transfer pricing for multinational financial groups and advisory on DTAA benefits
- Statutory Audit & Assurance: statutory audit for banks and NBFCs, concurrent audit, revenue audit, IS audit, tax audit under Section 44AB and compliance certifications required by regulators
- Intellectual Property Protection: trademark registration for banking and insurance brands, fintech product names and digital platforms; copyright registration for proprietary software
- Dispute Resolution & Recovery: advisory on SARFAESI Act proceedings, debt recovery tribunal matters, arbitration of financial disputes and insolvency proceedings under the IBC
Related services: Audit & Assurance | Tax | Corporate & Legal Services | Arbitration & Dispute Resolution
Stay ahead of regulatory change. Consult our BFSI advisory team. Contact us
