Governance
Senior representatives from the seven °ÄÃÅÁùºÏ²Ê¸ßÊÖ Members—China, the European Union, India, Japan, Korea, Russia, and the United States—gather for the Thirty-Fifth Meeting of the °ÄÃÅÁùºÏ²Ê¸ßÊÖ Council on 20-21 November 2024 under the chairmanship of Massimo Garribba from Europe.
The work of the °ÄÃÅÁùºÏ²Ê¸ßÊÖ Organization is supervised by its governing body, the °ÄÃÅÁùºÏ²Ê¸ßÊÖ Council. The °ÄÃÅÁùºÏ²Ê¸ßÊÖ Council is responsible, in accordance with the °ÄÃÅÁùºÏ²Ê¸ßÊÖ Agreement, for the promotion and overall direction of the °ÄÃÅÁùºÏ²Ê¸ßÊÖ Organization. It has the authority to appoint the Director-General and senior staff, to adopt and amend the Project Resources Management and Human Resources Regulations, and to approve the annual budget of the °ÄÃÅÁùºÏ²Ê¸ßÊÖ Organization. The total budget for the °ÄÃÅÁùºÏ²Ê¸ßÊÖ Project and the participation of additional states or organizations in the project is also decided by the °ÄÃÅÁùºÏ²Ê¸ßÊÖ Council.
The °ÄÃÅÁùºÏ²Ê¸ßÊÖ Council comprises representatives of the seven Members. The Chair and Vice-Chair of the Council are elected on a rotating basis from among its members. Meetings are held at least twice a year; a press release is issued after each meeting. The °ÄÃÅÁùºÏ²Ê¸ßÊÖ Council is supported by advisory bodies:
- The Science and Technology Advisory Committee (STAC) advises the °ÄÃÅÁùºÏ²Ê¸ßÊÖ Council on science and technology issues that arise during the course of °ÄÃÅÁùºÏ²Ê¸ßÊÖ construction and operation. Members of the Committee are chosen for their outstanding technical qualifications and experience.
- The Management Advisory Committee (MAC) advises the °ÄÃÅÁùºÏ²Ê¸ßÊÖ Council on strategic management issues during the development of the °ÄÃÅÁùºÏ²Ê¸ßÊÖ Project such as budget allocations, the effective application of privileges and immunities to the Organization and the staff, and recommended administrative action to facilitate the work of the project.
- The Financial Audit Board (FAB) undertakes the audit of the annual accounts of the °ÄÃÅÁùºÏ²Ê¸ßÊÖ Organization in accordance with Article 17 of the °ÄÃÅÁùºÏ²Ê¸ßÊÖ Agreement and the Project Resource Management Regulations.
- A Management Assessor is appointed every two years by the Council to assess the management of the activities of the °ÄÃÅÁùºÏ²Ê¸ßÊÖ Organization in accordance with Article 18 of the °ÄÃÅÁùºÏ²Ê¸ßÊÖ Agreement.
The °ÄÃÅÁùºÏ²Ê¸ßÊÖ Organization also has an Internal Audit Service that conducts audits according to a comprehensive risk-based plan that is updated periodically.
For the latest °ÄÃÅÁùºÏ²Ê¸ßÊÖ Organization Financial Report, click here.
To see all °ÄÃÅÁùºÏ²Ê¸ßÊÖ Organization Annual Reports and Financial Reports please visit our Publication Centre.
Members of the Financial Audit Board meet at °ÄÃÅÁùºÏ²Ê¸ßÊÖ Headquarters every year to audit the previous year's accounts. (Photo: 2024)
