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

Economy Business | Dated: 07 May 2025

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.

🎯 Key Highlights:

  • - 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.

💡 Other Important Facts:

  • (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.

📚 Test Your Knowledge:

Which two institutions recently signed an MoU to enhance capacity building at GIFT IFSC?

Correct Answer: IFSCA and NISM

🚀 Quick Recap: