The RNIDS Statutory Committee is a permanent, three-member body governed by the Statute and elected by the Conference of Co-founders for a period of four years via a public call for applications. The Statutory Committee is composed of prominent lawyers with at least five years’ professional experience in company law or corporate management or not-for-profit or non-governmental organisations law.
Members of the Statutory Committee cannot be appointed more than twice consecutively. The Statutory Committee submits an annual report on its work to the Conference of Co-founders at its first regular session.
The responsibilities of the Statutory Committee are as follows:
- giving its authentic interpretation of the Statute and other general enactments of RNIDS
- giving its opinion on the draft Statute and proposed amendments and additions to it
- giving its opinion on draft general enactments of RNIDS and on amendments and additions to them
- giving its opinion on the conformance of RNIDS enactments to the Statute
- ensuring that the rights of co-founders are adequately governed by the Statute, the Code of Ethics and other RNIDS enactments
- making recommendations to the Board of Governors on matters regarding the resolution of internal corporate conflicts within RNIDS
- making recommendations in response to reports of potential conflicts of interest
- making recommendations in the event of a conflict of jurisdiction between RNIDS bodies
- adopting Rules of Procedure for its own operation
- making recommendations aimed at ensuring the transparency of the operation of RNIDS, including the co-founders’ right to information
- making recommendations on the protection of privacy in accordance with law and best practice