NISM-IICA MoU on ESG, Governance and Capital Markets
Why in the news
Two institutes, one backed by SEBI and the other focused on corporate affairs, agreed to work together on sustainability and governance topics in the financial sector.
Key facts
- Parties: National Institute of Securities Markets (NISM, SEBI-backed) and Indian Institute of Corporate Affairs (IICA).
- Theme areas: ESG practices, corporate governance and capital markets.
- Activities: joint research, training, certificate courses and policy inputs on new financial and regulatory topics.
- Aim: make India’s financial system more open and efficient.
Significance
- Pairs market-education strength with corporate-affairs expertise.
- Supports better governance standards and sustainability reporting culture.
Exam angle
- MoU partners: NISM and IICA.
- Focus: ESG, corporate governance, capital markets.
- Full forms: NISM, IICA, ESG.