The India International Financial Services Centres Authority (IFSCA) and the National Institute of Securities Markets (NISM) signed a memorandum of understanding to strengthen capacity building and training initiatives for securities markets participants in GIFT IFSC. Under the collaboration, NISM will conduct certification examinations for entities operating in GIFT IFSC and develop tailored materials aligned with IFSCA’s requirements, including customized content, question banks, and e-learning modules. The arrangement also covers examinations for IFSCA officials, regulated entities, and other market participants to support professional expertise across the IFSC ecosystem.