In order to disseminate comprehensive knowledge of financial markets to its members, the Institute of Chartered Accountants of India (ICAI) recently signed a Memorandum of Understanding (MoU) with United Stock Exchange (USE). Inclusive of the partnership is an understanding that members of ICAI will be educated by the USE through seminars, panel discussions and workshops on financial markets and corporate governance. ICAI would provide institutional support and facilitate interactions with its members wherein USE would impart relevant knowledge.
The MoU has been signed for a term of 3 years and would be renewed subsequently on mutual consent. USE was launched recently with record volumes and has been the market leader since launch. The Institute of Chartered Accountants of India, functioning under the aegis of Ministry of Corporate Affairs, is a statutory body established under the Chartered Accountants Act, 1949 for the regulation of the profession of Chartered Accountants in India.