India’s ICAI unveils IFSC-focused compliance courses

The Institute of Chartered Accountants of India (ICAI) launched 2 specialised certificate programmes aimed astatine elder concern professionals moving successful International Financial Services Centres (IFSCs), MediaInfoline has reported.

Launched done ICAI's Financial Markets and Investors' Awareness Committee, the courses are intended to fortify the capabilities of cardinal managerial unit (KMPs) and enactment adherence to regulatory requirements successful the IFSC ecosystem.

The 2 programmes – Certificate Course connected Regulatory Framework for Fund Management successful IFSC and Certificate Course connected Regulatory Framework for Capital Market Intermediaries and Listing Requirements of IFSCA – were precocious rolled retired astatine Gift City successful Gandhinagar, Gujarat.

The money absorption people has been recognised arsenic an eligible certificate programme nether the International Financial Services Centres Authority (Fund Management) Regulations, 2025.

It is specified for KMPs of money absorption entities operating successful IFSC.

The 2nd course, focused connected superior marketplace intermediaries and listing requirements, has been acknowledged arsenic an eligible certificate people nether the International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2025. It is designated for KMPs of superior marketplace intermediaries successful IFSC.

Both offerings are structured to supply targeted cognition of the regulatory model that applies to money absorption and superior marketplace intermediaries successful IFSCs, with the nonsubjective of reinforcing compliance, governance and nonrecreational standards.

ICAI president Prasanna Kumar was quoted by MediaInfoline arsenic saying: "The designation of these specialised Certificate Courses by IFSCA is simply a important measurement towards strengthening nonrecreational capabilities and fostering a civilization of regulatory excellence wrong India's International Financial Services Centres.

"As the IFSC ecosystem continues to germinate arsenic a globally competitory fiscal services hub, determination is simply a increasing request for professionals with specialised cognition of the regulatory and compliance framework.

"Through these courses, ICAI is committed to supporting the improvement of skilled professionals who tin lend meaningfully to dependable governance, robust compliance and the sustainable maturation of India's."

"India's ICAI unveils IFSC-focused compliance courses" was primitively created and published by The Accountant, a GlobalData owned brand.