NationalFriday, 22 May 2026·https://testbook.com/current-affairs/22-may-2026-daily-current-affairs

NISM and IICA sign MoU in Mumbai for governance, ESG and capital market training

NISM and IICA signed an MoU in Mumbai on 19 May 2026 to strengthen corporate governance, ESG and capital markets training.

Key highlights

Direct fact

On 19 May 2026, the National Institute of Securities Markets and the Indian Institute of Corporate Affairs signed an MoU in Mumbai to strengthen corporate governance, ESG and capital markets capacity building.

Key specifics

  • NISM is an institution of SEBI, while IICA functions under the Ministry of Corporate Affairs.
  • The MoU covers capacity-building programmes and certification courses.
  • Training modules will be designed for SEBI officers and financial regulatory officials.
  • The partnership includes BRSR and ESG reporting.
  • IICA was established in 2008 and is headquartered in Manesar, Haryana.

Exam lens

Question type: governance and institutions, NISM, IICA, SEBI, BRSR, ESG, 2008, Manesar; TNPSC may ask which body is under SEBI and which ministry controls IICA.

NISMIICAESGSEBI
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