Union Cabinet approves MoUs entered with ICSA, UK and CISI, UK

Union Cabinet approves MoUs entered with ICSA, UK and CISI, UK

Reetu | May 28, 2021 |

Union Cabinet approves MoUs entered with ICSA, UK and CISI, UK

Union Cabinet approves MoUs entered with ICSA, UK and CISI, UK

The Institute of Company Sceretaries of India

27th May, 2021

Dear Professional Colleague,

We are pleased to inform you that Union Cabinet, chaired by the Hon’ble Prime Minister, Shri Narendra Modi, has granted post facto approval to the Memorandum of Understandings (MoUs) entered into by the Institute of Company Secretaries of India (ICSI) with The Institute of Chartered Secretaries and Administrators (ICSA), UK and The Chartered Institute for Securities & Investment (CISI), UK.

We convey our sincere thanks to Ministry of Corporate Affairs for providing all the support and gratitude to the Government of India for granting approval for such associations.

ICSI had signed a MoU with the Chartered Governance Institute (CGI) (formerly known as ICSA) UK, in 1998, to provide reciprocal exemptions to subjects as well as training requirements to each other’s members. The MoU was supplemented in 2018 and has been extended to CGI divisions in Australia, Canada, Hong Kong/China, Malaysia, New Zealand, Singapore, Zimbabwe, Southern Africa and UK.

The MOU with the CISI [erstwhile Securities & Investment Institute (SII)] was signed in the year 2008. As per the MoU, ICSI members are directly eligible for the CISI membership which provides them with a better access and opportunity in the international capital and financial markets. The CISI is the leading professional body for securities, investment, wealth and financial planning with more than 45,000 members in 104 countries. It aims to set standards of conduct and ethics for participants in the securities and investments industry and also provide qualifications to such professional participants.

The MoUs will nurture and sustain the two way flow of knowledge and professional potential. Along with providing a range of collaborative activities, the MoUs augment ICSI’s international footprint and accentuate its efforts in providing its stakeholders with opportunities sans boundaries.

The details of the MoUs are available at https://www.icsi.edu/international-perspective/

Thanking you,

Yours faithfully

(CS Nagendra D. Rao)
President, The ICSI

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Tags: CS, ICSI