With this agreement, MCX-SX becomes the first stock exchange in India to tie up with ICAI, which has been a leader in promoting the need of adopting international best practices and corporate governance for making Indian businesses globally competitive.
Since ICAI is also playing a crucial role in enabling Indian corporate houses to meet the government’s deadline of converging with the International Financial Reporting Standards (IFRS) by April 2011, this tie-up will help MCX-SX to leverage ICAI’s expertise as India’s premier accounting body for meeting the new accounting standards.
Both MCX-SX and ICAI recognize the importance of developing skill-sets for market intermediaries and sensitizing professionals regarding benefits of the financial markets.
As part of the agreement, MCX-SX and ICAI will jointly conduct seminars, certification programmes, various events, training and research programmes on financial markets and corporate governance.
This agreement is also in line with the MCX-SX’s continual efforts for enabling financial inclusion via financial literacy since its inception. MCX-SX has undertaken various innovative programmes for expanding the financial markets.
Besides providing information, FAQs, articles presentations and research reports on financial markets, this portal will also have an ‘Ask The Expert’ section, where users’ queries will be addressed by eminent industry experts from either ICAI or MCX-SX.
This agreement marks the beginning of a unique programme to educate and train professionals from both corporate and financial industry for developing skill-sets to match global standards.
Both MCX-SX and ICAI recognize the importance of developing skill-sets for market intermediaries and sensitizing professionals regarding benefits of the financial markets.
As part of the agreement, MCX-SX and ICAI will jointly conduct seminars, certification programmes, various events, training and research programmes on financial markets and corporate governance.
This agreement is also in line with the MCX-SX’s continual efforts for enabling financial inclusion via financial literacy since its inception. MCX-SX has undertaken various innovative programmes for expanding the financial markets.
Besides providing information, FAQs, articles presentations and research reports on financial markets, this portal will also have an ‘Ask The Expert’ section, where users’ queries will be addressed by eminent industry experts from either ICAI or MCX-SX.
This agreement marks the beginning of a unique programme to educate and train professionals from both corporate and financial industry for developing skill-sets to match global standards.
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