The Institute of Company Secretaries of India (ICSI) and National Institute of Securities Markets (NISM) signed a Memorandum of Understanding (MoU) for the purpose of joint promotion of corporate as well as securities market governance.
Major points of the MoU:
• Under the MoU, the professionals of securities market will get training in the corporate governance matters.
• Also, the company secretaries will get training on the issues of securities market, under the signed MoU.
• Both ICSI and NISM will together take up the research projects as well as publish the papers on various subjects such as sustainability reporting, corporate social responsibility, corporate governance and financial markets.
• Apart from this, ICSI and NISM, under the signed MoU will jointly conduct the development programmes for top managements or the directors in various areas such as finance and management, accounting, corporate laws and corporate governance.