On February 20, 2026, the International Financial Services Centres Authority (IFSCA) and the Indian Institute of Corporate Affairs (IICA) signed a Memorandum of Understanding (MoU) at the IFSCA HQ in GIFT IFSC. The MoU formalizes cooperation in areas relevant to the International Financial Services Centre (IFSC). Shri K. Rajaraman, IAS, Chairperson, IFSCA and Shri Gyaneshwar Kumar Singh, Director General, IICA signed the MoU. The MoU provides a framework for collaboration in Corporate Law, Sustainable Finance, Environmental, Social and Governance (ESG), Cross-Border Transactions and Restructuring and research activities relevant to the needs of 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 agreement is intended to strengthen institutional capacity, promote sound governance practices, and support the continued development of the IFSC as a globally competitive financial center. The location is Gandhinagar, Gujarat.
Key Entities Referenced
International Financial Services Centres Authority (IFSCA): A regulatory authority that signed a Memorandum of Understanding (MoU) with the Indian Institute of Corporate Affairs.
Indian Institute of Corporate Affairs (IICA): An institute that signed a Memorandum of Understanding (MoU) with the International Financial Services Centres Authority.
International Financial Services Centre (IFSC): The financial center where the MoU aims to strengthen regulatory processes and governance standards.
Memorandum of Understanding (MoU): Agreement between IFSCA and IICA to collaborate in areas relevant to the IFSC ecosystem.
GIFT IFSC: Location of the IFSCA headquarters where the MoU was signed.
PRESS RELEASE
International Financial Services Centres Authority Signs MoU with Indian Institute of
Corporate Affairs
International Financial Services Centres Authority (IFSCA) and the Indian Institute of
Corporate Affairs (IICA) signed a Memorandum of Understanding (MoU) on 20 February 2026
at the IFSCA HQ in GIFT IFSC, to formalise the cooperation in the areas relevant to the
International Financial Services Centre (IFSC).
The MoU was formally signed by Shri K. Rajaraman, IAS, Chairperson, IFSCA and Shri
Gyaneshwar Kumar Singh, Director General, IICA in the presence of senior officials from both
the institutions.
The MoU provides a framework for collaboration in area of Corporate Law, Sustainable
Finance, Environmental, Social and Governance (ESG), Cross-Border Transactions and
Restructuring and research activities relevant to the needs of IFSC ecosystem.
Under this cooperation, IFSCA and IICA will jointly undertake training programmes,
knowledge initiatives and advocacy events to further strengthen the regulatory processes and
governance standards within the IFSC.
The MoU marks an important step towards strengthening the institutional capacity, promote
sound governance practices and support the continued development of the IFSC as a globally
competitive financial centre.
Gandhinagar, Gujarat
February 20, 2026