The Institute of Company Secretaries of India (ICSI) on October 25, 2025, issued the notification regarding the Regulatory Recognition to the ICSI Guiding Principles on Stewardship (IGPS).
The following has been stated namely: -
• On October 23, 2025, the International Financial Services Centres Authority (IFSCA) introduced a Framework on Stewardship Code to strengthen investor protection and corporate governance in IFSCs.
• Regulated entities can adopt the IFSCA’s code or one issued by SEBI, IRDAI, PFRDA, or a statutory professional body like ICSI, recognizing the ICSI Guiding Principles on Stewardship (IGPS).
• The ICSI’s code is jurisdiction-neutral, sector-agnostic, and principle-based, divided into Part A (10 principles for Institutional Investors) and Part B (6 principles for Service Providers), with distinct reporting formats for each.
