Consortium Board

The Consortium Board is the Consortium’s highest collective governing body. It is formed from representatives of the participants and provides strategic leadership, approves key projects and transactions, oversees the implementation of consort projects and the appropriate use of resources, and decides matters within its authority under the Agreement and the Consortium’s internal documents.

Responsibilities and powers of the Board

• Define the Consortium’s strategy for interaction with public authorities and market participants
• Oversee consort projects in individual national markets
• Approve medium- and long-term activity plans
• Review projects, programmes and research and recommend their implementation
• Decide on the admission of new participants
• Approve internal regulations, policies, instructions and reporting forms
• Provide legal and advisory support to Consortium participants