I. The Association
The VQF, which was established in 1998, is organised as an association under private law and recorded in the Commercial Register of the Canton of Zug. The Association's official bodies consist of the General Meeting, the Management Board and the Auditor (currently: Grant Thornton Bankrevision AG, Zurich).
II. Organs
The Association has the following bodies:
- General assembly
- Board of directors
- Audit
The board of directors is the responsible body and has the non-transferable obligation (cf. art. 19 of the assembly’s articles of incorporation) of supervision over all management bodies, namely with regards to the abidance of all relevant laws, statutes, regulations and policies. Furthermore, the board is responsible for all decisions of exceptional interest.
The board has delegated the management of the Association to the Chief Executive Officer (CEO). The CEO is responsible for the management of all operations of the Association. Together with the Legal & Compliance Desk, the CEO is responsible for the supervision over the association’s members.