ICAI Signs MoUs with NSE IX and IVCA to Boost Global Investment Education and Capital Market Transparency.

In July 2025, the Institute of Chartered Accountants of India (ICAI) signed two strategic Memorandums of Understanding (MoUs) with NSE IFSC (NSE International Exchange), a subsidiary of the National Stock Exchange (NSE), and the Indian Venture and Alternate Capital Association (IVCA). These MoUs aim to enhance investor awareness, global investment education, and professional development in the Indian capital and alternative investment markets.

      - ICAI’s MoU with NSE IFSC (NSE IX), located in GIFT City, Gujarat, focuses on strengthening investor education, promoting international investment knowledge, and building capacity among chartered accountants in the capital markets. The partnership is expected to boost awareness about global investment opportunities, derivatives markets, and innovation in financial instruments.

      - Under this MoU, ICAI and NSE IFSC will jointly conduct co-branded educational programmes. These initiatives will cover advanced topics such as global investing, derivative instruments, and financial innovations, thereby equipping Chartered Accountants with the skills required for emerging trends in international finance and trading.

      - The MoU with IVCA is intended to strengthen India’s alternative investment sector by forming expert groups. These groups will deliberate on regulatory, operational, and reporting challenges faced by venture capital, private equity, and other forms of alternate capital, aiming to improve transparency and governance.

Main Point :-   (i) One of the primary objectives of the ICAI-IVCA MoU is to standardize financial reporting practices within the alternative investment ecosystem. Through industry-led consultations and collaborative frameworks, the initiative seeks to develop consistent and transparent reporting standards aligned with global norms.

      (ii) These partnerships reflect ICAI’s broader goal of aligning India’s capital market practices with global benchmarks. By collaborating with NSE IX and IVCA, ICAI is playing a critical role in enhancing investor protection, promoting financial innovation, and enabling regulatory harmonization in India’s financial ecosystem.

(iii) The initiative is aligned with ICAI's statutory role in strengthening professional competence in capital markets. These MoUs are seen as timely steps towards enabling India’s financial professionals to effectively contribute to global capital flows and the evolving financial services landscape.