ICAI Launches IFSCA-Recognised Certificate Courses to Build Regulatory Excellence in IFSC

2026-08-13 02:15:02 Education

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The Institute of Chartered Accountants of India (ICAI) through its Financial Markets and Investors' Awareness Committee, launched two specialised Certificate Courses aimed at strengthening the professional capabilities of Key Managerial Personnel (KMPs) and enhancing regulatory compliance within the International Financial Services Centre (IFSC) ecosystem.

The two courses, Certificate Course on Regulatory Framework for Fund Management in IFSC and Certificate Course on Regulatory Framework for Capital Market Intermediaries and Listing Requirements of IFSCA were launched recently at Gift City, Gandhinagar by Shri K. Rajaraman, Chairman, IFSCA in the presence of Shri. Pradeep Ramakrishnan, Executive Director, IFSCA; CA. Jay Chhaira, Chairman, FM&IAC of ICAI; CA. Hans Raj Chugh, Vice-Chairman, FM&IAC of ICAI; and other Central and Regional Council Members of ICAI.

The Certificate Course on Regulatory Framework for Fund Management in IFSC has been recognised as an eligible Certificate Course under the International Financial Services Centres Authority (Fund Management) Regulations, 2025 and is specified for Key Managerial Personnel (KMPs) of Fund Management Entities in IFSC.

The Certificate Course on Regulatory Framework for Capital Market Intermediaries and Listing Requirements of IFSCA has been recognised as an eligible Certificate Course under the International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2025 and is specified for Key Managerial Personnel (KMPs) of Capital Market Intermediaries in IFSC.

Speaking on the occasion, CA. Prasanna Kumar D, President, ICAI, said, "The recognition of these specialised Certificate Courses by IFSCA is a significant step towards strengthening professional capabilities and fostering a culture of regulatory excellence within India's International Financial Services Centres. As the IFSC ecosystem continues to evolve as a globally competitive financial services hub, there is a growing need for professionals with specialised knowledge of the regulatory and compliance framework. Through these courses, ICAI is committed to supporting the development of skilled professionals who can contribute meaningfully to sound governance, robust compliance and the sustainable growth of India."

These courses are designed to equip professionals with specialised knowledge of the regulatory framework governing fund management and capital market intermediaries in IFSCs, thereby strengthening compliance, governance and professional standards.

About ICAI

The Institute of Chartered Accountants of India (ICAI) is a statutory body set up by an Act of Parliament under the Chartered Accountants Act, 1949 for the regulation and development of the profession of Chartered Accountancy in India. The Institute functions under the administrative supervision of the Ministry of Corporate Affairs, Government of India. With around 12.32 lakh students and over 4.67 lakh members, today ICAI is the largest professional accountancy body in the world. ICAI has a wide network of 5 Regional Councils and 186 Branches within India and a global presence with 55 Overseas Chapters and 30 Representative Offices spanning 85 cities across 47 Countries worldwide.