The Governing Council is a body composed by 25 experts elected by Member States. It supervises all policy aspects governing the means by which the Institute attains its statutory objectives, and in particular the way in which the Secretariat carries out its Work Programme.
The General Assembly is made up of representatives of all UNIDROIT Member States. It approves the Institute’s budget each year, approves the triennial Work Programme drawn up by the Governing Council, and elects the Governing Council every five years.
The Finance Committee manages the financial affairs of the Institute. This includes reviewing the Institute’s Accounts, preparing the Budget, as well as examining matters related to social security and insurance.
The International Institute for the Unification of Private Law (UNIDROIT) is an independent intergovernmental Organisation with its seat in the Villa Aldobrandini in Rome. Its purpose is to study needs and methods for modernising, harmonising and co-ordinating private and in particular commercial law as between States and groups of States and to formulate uniform law instruments, principles and rules to achieve those objectives.