The National Institute of Securities Markets (NISM) and the Indian Institute of Corporate Affairs (IICA) have signed a Memorandum of Understanding (MoU) to strengthen cooperation in the areas of corporate governance, Environmental, Social and Governance (ESG) practices, and capital markets.
NISM, established by the Securities and Exchange Board of India, and IICA, functioning under the Ministry of Corporate Affairs, will collaborate on capacity building, research, policy support and institutional cooperation across emerging areas of financial and corporate regulation.
The MoU was signed in Mumbai on May 19 in the presence of SEBI Chairman Tuhin Kanta Pandey.
According to the official statement, the two institutions will jointly design and conduct certification courses, executive education modules, training programmes and capacity building initiatives, including programmes for SEBI officers and officials from other regulatory and financial sector institutions.
During the event, SEBI Chairman Tuhin Kanta Pandey underlined the need for building a performance-driven corporate governance ecosystem. He also stressed enabling MSMEs to access capital markets more effectively, strengthening sustainability disclosures and promoting evidence-based research in emerging regulatory areas.
The collaboration has been conceptualised under the leadership of Gyaneshwar Kumar Singh, who has been involved in advancing IICA’s initiatives related to corporate governance, ESG and responsible business conduct aligned with the national development agenda.
The signing ceremony was also attended by NISM Director Sashi Krishnan. The agreement was signed by Yogita Jadhav, Registrar of NISM, and Dr. Garima Dadhich, Head of the School of Business Environment at IICA.
Under the partnership, both institutions will work together on research studies, policy papers, curriculum development and dissemination of best practices in areas such as securities markets, sustainability and ESG reporting, Business Responsibility and Sustainability Reporting (BRSR), insolvency, investor education, valuation and responsible investing.
The collaboration will also focus on sustainable finance, board governance, market integrity, MSME development and emerging regulatory frameworks.
