On May 02, 2025, the International Financial Services Centres Authority (“IFSCA”) and the National Institute of Securities Markets (“NISM”) have entered into a Memorandum of Understanding(“MoU”) to bolster capacity building and training initiatives within the securities markets at the GIFT International Financial Services Centre (“IFSC”).[1] The MoU was signed in the presence of Shri K. Rajaraman, Chairperson, IFSCA, and Shri Tuhin Kanta Pandey, Chairperson, SEBI.
Under this strategic collaboration, NISM shall assist IFSCA in a range of developmental efforts, including:
- Conducting certification examinations for entities operating in GIFT IFSC;
- Developing customized content, question banks, and e-learning modules tailored to IFSCA’s regulatory framework;
- Enhancing the skills and professional capabilities of market participants, including IFSCA officials and regulated entities.
This partnership marks a significant step towards building a robust and world-class securities market ecosystem in the IFSC, aligning with IFSCA’s broader objective of positioning GIFT City as a global financial hub.
[1]https://ifsca.gov.in/Viewer?Path=Document%2FLegal%2Fpress_release_-_nism_mou02052025054246.pdf&Title=IFSCA%20and%20NISM%20sign%20MoU%20to%20strengthen%20capacity%20building%20in%20GIFT%20IFSC&Date=02%2F05%2F2025