The International Financial Services Centres Authority (IFSCA) and the Indian Institute of Corporate Affairs (IICA) have signed a Memorandum of Understanding to institutionalise a standardised corporate governance ecosystem at GIFT International Financial Services Centre (GIFT-IFSC). The MoU was executed at the IFSCA campus in GIFT City on 20 February 2026 and was attended by senior officials and dignitaries from both organisations. The agreement frames collaboration on capacity building, policy research and knowledge partnership to enhance regulatory effectiveness within the GIFT-IFSC jurisdiction.

IICA will provide training and policy support to IFSCA and entities registered in the GIFT-IFSC to facilitate compliance with evolving regulatory standards and global governance practices. It will deliver online certificate, induction and specialised training programmes for IFSCA officers covering corporate and allied laws, corporate governance, environmental, social and governance and cross-border transactions and restructuring. The emphasis will be on customised capacity building and leadership development to strengthen institutional capability.

IFSCA set out an immediate action plan to operationalise the collaboration with jointly delivered corporate governance programmes at GIFT City on an annual basis. The plan includes specialised courses for companies being incorporated within the GIFT-IFSC jurisdiction and targeted interventions to align practices with global benchmarks. Both organisations will undertake policy research and advisory work to support regulatory clarity and stakeholder engagement.

The collaboration draws on IFSCA's role as the unified regulator and on IICA's mandate as a premier think tank under the Ministry of Corporate Affairs to strengthen governance frameworks. Senior officials indicated that the partnership will prioritise implementation support and annual training cycles to sustain compliance and board level readiness. Stakeholders may expect phased roll out of initiatives and ongoing evaluation to measure impact over time. The arrangement is intended to reinforce GIFT-IFSC's position as a well governed international financial centre and promote global investor confidence broadly.