EUROFIMA as a public international body

As a public international body, EUROFIMA is governed in the first place by an International Treaty (the “Convention”) concluded between 25 sovereign member States, its articles of association (“Statutes”) and only subsidiarily by Swiss law. The member States have reserved extensive corporate governance rights over EUROFIMA.

The following changes to EUROFIMA’s organization require the consent of the member States: head office, objective, duration, conditions for admission of shareholders, quora applicable to important shareholders’ resolutions, equal voting rights of directors, all terms dealing with the shareholders’ liability and the establishment of branches.

EUROFIMA has to report annually on its activities to the member States.