Governance and funding
The Foundation Board of the Basel Institute on Governance is responsible for guiding the organisation's overall strategy.
The Board supervises and monitors the activities of the Management Group, advises the Management Group on all organisational matters and takes fundamental decisions concerning the Basel Institute's operations and strategies.
Peter Maurer, President of the International Committee of the Red Cross (ICRC), will succeed Professor Mark Pieth as President of the Board of the Basel Institute on Governance when he steps down as ICRC President in September 2022. See press release.
Current Members of the Board are:
Code of Ethics
The Basel Institute's Code of Ethics (also available in Spanish) guides our staff and representatives in their day-to-day work, interaction and decision-making. It sets out the core values and principles for the conduct and behaviour of staff and representatives.
All suppliers and consultants to the Basel Institute must adhere to our Code of Ethics when operating for, with or on behalf of the Basel Institute.
The Basel Institute on Governance is a Swiss not-for-profit foundation ("Stiftung") with an annual budget of approximately CHF 10.5 million.
We receive core funding from bilateral governmental (development aid) agencies including:
- Government of Jersey
- Principality of Liechtenstein
- Norwegian Agency for Development Cooperation (Norad)
- Swiss Agency for Development and Cooperation (SDC)
- UK Foreign, Commonwealth & Development Office (FCDO)
These core contributions support the operations of our International Centre for Asset Recovery (ICAR). In addition, the Principality of Liechtenstein provides core funding to our Green Corruption programme.
Several dedicated country programmes received additional earmarked support from our core donors' country offices. Our Public Finance Management programme in Peru is funded by the Swiss State Secretariat for Economic Affairs. ICAR also benefits from multiple long-term project-specific grants, including from the US Department of State and GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit).
Other direct income comes from a variety of corporate foundations and initiatives, development agencies and research grant facilities.
If any surplus is generated from advisory services or subscriptions to our Basel AML Index or Basel Open Intelligence tools, we reinvest this to fund research and technical assistance programmes in developing countries.
Audited financial accounts
The Basel Institute’s annual financial accounts are prepared according to Swiss law, GAAP FER principles and the Basel Institute’s bylaws. They are audited independently each year by BDO.