The International Financial Services Centres Authority (“IFSCA”) has issued a press release dated February 20, 2026, regarding the signing of a Memorandum of Understanding (“MoU”) between IFSCA and the Indian Institute of Corporate Affairs (“IICA”) (“Press Release”).
The key highlights of the Press Release are as follows:
- Shri K. Rajaraman, IAS, Chairperson, IFSCA, and Shri Gyaneshwar Kumar Singh, Director General, IICA, signed the MoU on February 20, 2026, at the IFSCA Headquarters in GIFT IFSC to formalise cooperation in areas relevant to the International Financial Services Centre (IFSC).
- The MoU was signed in the presence of officials from both IFSCA and IICA.
- The MoU establishes a framework for collaboration in areas including Corporate Law, Sustainable Finance, Environmental, Social and Governance (ESG), Cross-Border Transactions, Restructuring, and other research activities relevant to the IFSC ecosystem.
- IFSCA and IICA will jointly undertake training programmes, knowledge initiatives, and advocacy events to strengthen regulatory processes and governance standards within the IFSC.
- The collaboration aims to strengthen institutional capacity, promote sound governance practices, and support the continued development of IFSC as a globally competitive financial centre.
A copy of the Press Release is attached herewith for your ready reference.
Source category: IFSC Insurance Office
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