ICSI ties-up with NISM, IIBF

The objective of the MoU is to achieve a common goal in promoting corporate governance & public policy

June 18, 2013 12:22 IST | India Infoline News Service
The Institute of Company Secretaries of India (ICSI) signed a memorandum of understanding with National Institute of Securities Markets (NISM) on June 16th 2013.

The objective of the MoU is to achieve a common goal in promoting corporate governance & public policy, financial reporting & disclosures, inclusive growth & sustainable development, business environment, capacity building, corporate social responsibility, quality & assurance services.

The Institutes would jointly organise seminars, conferences, certificate programs for corporate and securities market professionals, as well as students’ exchange programmes. They would also jointly endeavour to develop appreciation by the companies for corporate governance in securities market and build capacity of the members of ICSI for implementation of corporate governance in letter and spirit.

Both Institutes will undertake joint research projects, publish papers, studies etc on corporate governance, corporate finance, financial markets, corporate social responsibility, sustainability & sustainability reporting and other areas as identified and would also jointly design and conduct certification modules, conduct development programmes for director's/top management in areas of corporate governance, corporate laws, accounting, finance, management etc.

The Institutes would also collaborate in education, training and research and would exchange journals and other publications.

The ICSI has also signed a MoU with Indian Institute of Banking & Finance (IIBF) to jointly design and offer a certification course—Banking Compliance Professional.

This will be for ICSI members and CAIIB (certified associates of the Indian Institute of Bankers) qualified officers working in banks.

The Institutes would jointly organise structured coaching classes for ICSI members pursuing the diploma in banking and finance (DB&F) course and jointly develop, offer and hold seminars, conferences, workshops, etc., and will exchange faculties and other resources.

The Institutes will extend help and co-operation to each other in developing curriculum of academic and continuing education programmes and developing new certification courses/modules and support each other in development of study materials on the relevant subjects in the syllabus.

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