Mumbai: The National Institute of Securities Markets (NISM), established by the Securities and Exchange Board of India (SEBI), and the Indian Institute of Corporate Affairs (IICA) under the Ministry of Corporate Affairs have signed a Memorandum of Understanding (MoU) to strengthen corporate governance, ESG practices and capital markets in the country.
The MoU was signed in Mumbai on May 19 in the presence of SEBI Chairman Tuhin Kanta Pandey.
Under the partnership, both institutions will jointly conduct capacity-building programmes, certification courses, executive education modules and specialised training programmes for SEBI officers and officials from regulatory and financial sector institutions.
Speaking on the occasion, SEBI Chairman Tuhin Kanta Pandey stressed the need to build a performance-driven corporate governance ecosystem, improve MSME access to capital markets, strengthen sustainability disclosures and encourage evidence-based research in emerging regulatory sectors.
The collaboration was conceptualised under the guidance of IICA Director General and CEO Gyaneshwar Kumar Singh, who has been actively promoting initiatives related to corporate governance, ESG and responsible business practices aligned with national development goals.
The MoU was signed by Yogita Jadhav, Registrar of NISM, and Dr Garima Dadhich, Head of the School of Business Environment at IICA. NISM Director Sashi Krishnan was also present during the signing ceremony.
The agreement aims to promote long-term cooperation in areas such as securities markets, sustainability and ESG reporting, Business Responsibility and Sustainability Reporting (BRSR), insolvency, investor education, valuation, sustainable finance, board governance, market integrity and emerging regulatory frameworks.
Both institutions will also collaborate on policy studies, research projects, curriculum design, faculty exchange programmes, conferences and publications.
The partnership is expected to contribute towards building a more transparent, inclusive and knowledge-driven ecosystem for India’s corporate and financial sectors.
