Excellence Enablers, Finsec Law Advisors, and Association for Development of Securities Market (ADSM) have entered into an exclusive agreement for cooperation on improving regulatory and governance standards in India.

The exclusive agreement aims to build consensus to advocate a better regulatory structure and framework. This will be achieved by making representations to government and regulators for improving the public policy on financial market regulations.

The trio plans to advice specific industries in the financial sector and works with them to create best practices and standards of governance. Finally, they will work with institutional investors to create and adopt frameworks by investee companies by way of voluntary codes.

Excellence Enablers is founded by M. Damodaran, former Chairman of SEBI. Excellence Enablers provides support in the form of improving Board performance, with inputs ranging from advising on Board composition to carrying out Board evaluation, training of directors, training on leadership, time management, succession planning and organizational restructuring.

Finsec Law Advisors is a financial sector law firm based in Mumbai led by Sandeep Parekh, former legal and enforcement head of SEBI. The firm provides regulatory advice and assistance in the financial sector, focusing on the securities, investments and financial industries in particular.

ADSM is a registered not-for-profit think tank. It was formed to initiate and promote activities for development of securities market and aims to devise and suggest effective policy measures that will facilitate in making the financial markets fairer, more competitive and more efficient.