NISM And IICA Partner To Strengthen Corporate Governance And ESG Practices

Mumbai, May 22 (KNN) The National Institute of Securities Markets (NISM) and the Indian Institute of Corporate Affairs (IICA) have signed a Memorandum of Understanding (MoU) to promote collaboration in corporate governance, environmental, social and governance (ESG) practices, and capital markets development in India.
 
The agreement aims to strengthen capacity building, research, policy support and institutional cooperation across key areas of the financial and corporate ecosystem. The MoU was signed in Mumbai on May 19, 2026.
 
Under the partnership, the two institutions will jointly design and deliver capacity-building programmes, certification courses, executive education modules and specialised training initiatives, including programmes for officers of the Securities and Exchange Board of India (SEBI) and officials from other regulatory and financial sector institutions.
 
MSME Market Access and Sustainability Reporting 
 
During the ceremony, SEBI Chairman, Tuhin Kanta Pandey emphasised the need for a performance-driven corporate governance ecosystem to facilitate MSME access to capital markets, strengthen sustainability disclosures and promote evidence-based research in emerging regulatory areas.
 
The MoU establishes a long-term strategic framework for collaboration in areas such as securities markets, sustainability and ESG reporting, and Business Responsibility and Sustainability Reporting (BRSR).
 
Other focus areas include insolvency, investor education, valuation, responsible investing, sustainable finance, board governance, market integrity, MSME development and emerging regulatory frameworks.
 
Joint Research, Policy Studies and Knowledge Exchange Planned 
 
As part of the partnership, both institutions will work together on research projects, policy studies, curriculum development and dissemination of best practices. The collaboration will also include joint conferences, faculty exchange programmes and publications.
 
The initiative is expected to contribute to the development of a more inclusive, transparent and knowledge-driven ecosystem for India’s corporate sector and capital markets.
 
(KNN Bureau)