IFSCA and NISM Ink MoU to Boost Capacity Building Initiatives at GIFT IFSC.

Economy Business

In May 2025, the International Financial Services Centres Authority (IFSCA), headquartered in Gandhinagar, Gujarat, and the National Institute of Securities Markets (NISM), based in Mumbai, Maharashtra, signed a Memorandum of Understanding (MoU) to enhance capacity building and training initiatives in the securities markets within the Gujarat International Finance Tec-City - International Financial Services Centre (GIFT-IFSC) in Gandhinagar.


      - The MoU was signed in the presence of Tuhin Kanta Pandey, Chairperson of the Securities and Exchange Board of India (SEBI), and K. Rajaraman, Chairperson of IFSCA.

      - NISM is a public trust established in 2006 by SEBI to promote securities market education and research.

     

Main Point :-   (i) Under this MoU, NISM will serve as the official training partner for IFSCA and its registered intermediaries, and will facilitate a variety of capacity building programs, including the conduct of relevant certification examinations as mandated by IFSCA regulations.

      (ii) The MoU also encompasses the development of customized educational content, comprehensive question banks, and e-learning modules tailored to meet the regulatory and professional requirements of IFSCA, thereby enhancing the skills of financial institutions operating within the IFSC.

(iii) The collaboration is expected to be mutually beneficial — IFSCA will leverage the training and certification expertise of NISM, while NISM will gain insights and experience from engaging with an international financial services platform.

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