Raksha Singh Semnarayan Email and Phone Number
Raksha Singh Semnarayan work email
- Valid
Raksha Singh Semnarayan personal email
A highly accomplished and experienced Legal and Regulatory Professional, leveraging abilities and knowledge gained as Chief legal officer ,head of regulatory and managing the legal risk of large corporates over a 20-year career; Raksha Semnarayan is an agile, resilient and driven individual, proactively defining and executing strategies / policies to protect the organisation from risk and manage frequent change.As Chief Legal Officer, reporting to the CEO, at BankServ Raksha managed the legal risk for the company and managed the legal team. This gave her extensive experience in the area of payments. Having served as; Senior Manager - Policy and Development [Telecommunications] | Senior Legal Counsel [Banking] | Senior Manager - Regulatory and Legislative Oversight [Banking] | and Assistant General Counsel / Head of Legislation and Research for the South African Reserve Bank; Raksha has most recently taken on elevated responsibility within the following two roles;As Senior General Manager: Market Conduct for the Banking Association of South Africa, Raksha was responsible for positioning the South African Banking Sector in terms of; Market Conduct, Property Finance, Credit, Financial Crime and other Regulatory / Legal conditions, defining and defending banking sector positions on key pieces of legislation.Within the most recent role as CEO and Key Consultant with Diversity Empowered, Raksha provides value-adding advisory services to clients, regarding the regulatory, transformation and business development spheres of operation.Acutely experienced in the legislative and regulatory environment, operating at an industry wide level, and representing the organization both nationally and internationally; Raksha has played a crucial role in impacting numerous high-level legislative decisions, further developing processes and systems that have resulted in enhanced governance and requisite compliance on behalf of the entity. An adept and hands-on leader, she engages with stakeholders at all levels to attain results, and align divisional strategy with broader organizational strategy.Raksha is currently Principal adviser in the RAF on a contractual capacity.
-
Managing PartnerRss Law Inc Sep 2023 - Present
-
Ceo Financial, Regulatory, Legal , Policy And Strategic AdvisoryDiversity Empowered Jul 2021 - Nov 2024City Of Johannesburg, Gauteng, South Africa- Provide legal and strategic advice on commercial matters- Draft submissions to Govt and SARB on payment issues, financial regulatory matters and issues of financial innovation- Manage a team of lawyers and professionals. This includes mentoring, guiding on contribution plans, guiding on key legal issues, key business projects and enhancing on relationships with internal and external stakeholders.- Manage compliance matters for the company. This entails advising on impact of legislative requirements on operational and business matters and overseeing compliance plans.- Participate in developing the organisational and divisional strategic plan and identifying risks that impact on the strategic goals and ways to mitigate the goals.- Manage the office of the Company Secretary. - Provide Governance advice. This entails advising the company on legal requirements and implementation plan on governance issues.- Participate in EXCO. This entails providing advice on key strategic, operational and business issues.- Participate in Audit and Risk Committee of the Board
-
Chief Legal OfficerBankservafrica Sep 2019 - Jun 2021City Of Johannesburg, Gauteng, South Africa- Provided legal and strategic advice on commercial matters- Drafted and implemented anti money laundering legislature- Participated in the financial action task force on anti money laundering and anti corruption, as part of the UN initiative- Drafted submissions to Government, regulatory bodies and SARB on payment issues, financial regulatory matters and issues of financial innovation- Managed a team of lawyers and professionals. This includes mentoring, guiding on contribution plans, guiding on key legal issues, key business projects and enhancing on relationships with internal and external stakeholders.- Managed compliance matters for the company. This entails advising on impact of legislative requirements on operational and business matters and overseeing compliance plans.- Participated in developing the organisational and divisional strategic plan and identifying risks that impact on the strategic goals and ways to mitigate the goals.- Managed the office of the Company Secretary. - Provided Governance advice. This entails advising the company on legal requirements and implementation plans on governance issues.- Participate in EXCO. This entails providing advice on key strategic, operational and business issues.- Participated in Audit and Risk Committee of the Board.
-
CeoDiversity Empowered Dec 2018 - Sep 2019Johannesburg Area, South Africa-Provides advisory services within the regulatory, transformation and business development spheres.-Associate Consultant for Intellidex; responsible for researching and providing value-adding feedback regarding Capital Markets and Financial Services.-Develops and implements high quality business strategies and plans, ensuring alignment with short and long term business objectives.-Oversees all business activities and ensures the achievement of desired results, consistent with overall strategy and mission.-Ensures full compliance with industry guidelines and in-house policies, upholding optimal legality and business responsibility.-Reviews financial and non-financial reporting, assessing the position of the business and suggesting relevant improvements.-Identifies problematic situations and makes recommendations for resolution, thereby securing company survival and growth.-Engages with stakeholders at all levels of operation, acting as a point of contact for important shareholders.-Sustains key industry knowledge and awareness in order to maintain optimal service delivery to clients and the business.
-
Senior General Manager: Market Conductivity DivisionBanking Association Of South Africa (Basa) Apr 2016 - Nov 2018Johannesburg Area, South Africa-Led the Market Conduct Division of BASA, mandated to position the banking sector in the areas of; Market Conduct, Property Finance, Credit, Financial Crime and other Regulatory / Legal conditions.-Defined Banking Sector positions on key pieces of legislation including; the Financial Sector Regulation Bill, Expropriation Bill, Financial Intelligence Centre Amendment Bill, and Debt Relief Bill.-Directed and provided guidance to a team of Senior Managers and Regulatory Specialists in handling diverse sector relevant legal matters, and chaired various BASA Committees.-Performed General Managerial responsibilities including; Compiling and managing the divisional budget | Contributing to various HR policy changes and activities | Building and maintaining relationships with stakeholders | Developing and implementing processes to ensure adherence to adequate governance standards.-Conducted legal and regulatory analysis of the proposed regulatory framework and impact assessment of the said framework on the Banking Sector | Further, developed a common position (reflecting the industry position), working in consultation and negotiation with Member Banks.-Engaged with officials from the UK Regulatory Authority regarding their policies on anti-money-laundering, and presented these beneficial approaches to the SA Regulatory Authority.-Initiated creation of a Committee between the SARB, the FIC and Banking Sector; designed to discuss issues and solutions relating to the implementation of an anti-money-laundering regulatory framework | This resulted in punitive actions by Regulators and minimisation of future risk
-
Head Of Legislation And Research. Legal Services DepartmentSouth African Reserve Bank Jan 2011 - Dec 2015Johannesburg Area, South Africa-Responsible for developing and defending the policy, legislative position and mandate of the SARB, regarding all major regulatory issues.-Worked in close cooperation with the National Treasury, Financial Services Board and various other Government Bodies | Vetted all regulations made in terms of the Banks Act.-Participated in various international country assessments regarding regulatory frameworks, including The World Bank.-Developed, implemented and managed a new Legislative Development Process for the Bank, ensuring Bank influence / commentary on legislation and regulation prior to enactment.-Drafted various legal opinions on legislative issues for departments in the Bank, as well as for the Governors Executive Committee.-Vetted various contracts and other legal issues impacting the business of the Bank.-Directed and provided guidance to a team of Regulatory Lawyers, ensuring responsive and precise work quality.-Upheld departmental alignment with the activities of the various divisions of the Bank.-Chaired / facilitated various Bank Forums and liaised with Bank Governors on important regulatory issues.-Participated in Forums to develop policies and frameworks for the Prudential Authority.-Member of the Legal Services Department Management Committee.-Drafted the Financial Sector Regulation Bill and all preceding policy initiatives | Provided key input into The Financial Markets Act, The Financial Intelligence Centre Act and The National Payments Act.-Presented papers at; the University of Cambridge (UK), the University of Witwatersrand (RSA) and various Forums on Financial Regulation. -
Senior Manager: Regulatory And Legislative OversightStandard Bank Group Jan 2009 - Dec 2010Johannesburg Area, South AfricaResponsible for drafting submissions to Regulators, Government Bodies and Board Committees on diverse regulatory issues | Led projects relating to regulatory impact studies / formulation of regulatory impact data | Supported the set-up of a new department; developing and implementing core strategy, and recruiting departmental staff | Drafted various legal opinions on legislative and corporate governance matters, for the Board and Senior Executives | Provided opinions on various legal regulatory issues impacting the Bank | Drafted positions and responses on major regulatory issues to Parliament and Industry Bodies | Chaired and facilitated various Forums on regulatory issues within the Bank | Developed and implemented a project plan defining the Bank’s participation in the Banking Association of South Africa. -
Senior Legal CounselAbsa Group Jan 2006 - Dec 2008Johannesburg Area, South AfricaAdvised various divisions of the Bank regarding broad legal opinions for various processes in retail banking | Led successful implementation of the new Regulatory Requirements process for the Group | Drafted and signed-off on various business contracts | Negotiated with corporate entities on commercial agreements | Commercially advised business units | Assessed the impact of legislation and regulations on business operations | Edited legal documents for compliance with regulatory frameworks | Drafted submissions on the impact of legislation to Parliament and Industry Bodies | Represented the Bank during various high impact issues / before Industry Bodies | Reported to the Steering Committee (Senior Management) on new regulatory requirements | Supported various projects designed to optimise banking processes; leading projects as an individual, as well as advising and directing Project Managers on other projects. -
Senior Manager: Policy And DevelopmentTelkom Jan 2000 - Dec 2005Johannesburg Area, South AfricaDirected a team of Regulatory Specialists [Attorneys and Advocates] handling broad regulatory matters impacting the company [administrative and commercial law] | Participated in various International Telecommunications Union Forums | Compiled submissions to the ITU on various telecommunications issues, as well as submissions to the Independent Telecommunications Regulatory Authority of South Africa and Department of Communications, regarding legislative and policy matters | Engaged with various stakeholders in the Telecommunications Industry on policy and regulatory matters | Defined and implemented escalation procedures for handling consumer complaints before the Regulator | Represented the company during various regulatory complaints before ICASA and the High Court of South Africa | Advised Top Management regarding strategy shift during a regulatory dispensation change | Gave presentations to Parliament regarding the impact of legislative changes, suggesting amendments to be incorporated into new law. -
Candidate AttorneyCheadle Thompson & Haysom Inc. Jan 1998 - Dec 1999Johannesburg Area, South AfricaParticipated in the legal representation of various South African Trade Unions and Government Departments | Advised clients regarding public sector and administrative law, as well as legislative amendments | Advised clients regarding pension regulations | Advised the Telecommunications Regulatory Authority, and managed litigation against the Regulator | Advised the South African Tourism Regulatory Authority.
Raksha Singh Semnarayan Skills
Raksha Singh Semnarayan Education Details
-
Business Administration And Management, General -
University Of South Africa/Universiteit Van Suid-Afrika And Open UniversityBusiness Administration And Management, General -
Telcommunications And Regulatory Law -
Set Programme -
Executive Mba
Frequently Asked Questions about Raksha Singh Semnarayan
What company does Raksha Singh Semnarayan work for?
Raksha Singh Semnarayan works for Rss Law Inc
What is Raksha Singh Semnarayan's role at the current company?
Raksha Singh Semnarayan's current role is Managing Partner | CEO Financial, Regulatory, Legal, Policy.
What is Raksha Singh Semnarayan's email address?
Raksha Singh Semnarayan's email address is ra****@****ica.com
What schools did Raksha Singh Semnarayan attend?
Raksha Singh Semnarayan attended University Of Cape Town, University Of South Africa/universiteit Van Suid-Afrika And Open University, University Of The Witwatersrand, University Of Kwazulu-Natal, University Of Kwazulu-Natal, University Of South Africa/universiteit Van Suid-Afrika, University Of The Witwatersrand.
What skills is Raksha Singh Semnarayan known for?
Raksha Singh Semnarayan has skills like Leadership, Executive Development, Team Building, Banking, Stakeholder Management, Anti Money Laundering, Strategic Councel, Government Affairs, Executive Management, Legislative Policy, Regulatory Affairs, Mentoring.
Free Chrome Extension
Find emails, phones & company data instantly
Download 750 million emails and 100 million phone numbers
Access emails and phone numbers of over 750 million business users. Instantly download verified profiles using 20+ filters, including location, job title, company, function, and industry.
Start your free trial