At the Annual General Meeting, members receive the annual accounts, elect Board directors and appoint the auditors for the year going forward. It is also an opportunity for the Board to inform members about the Association's activities over teh past year and its aims and objectives going forward. In accordance with the FOA's Memorandum and Articles of Association, all FOA members are entitled to attend and Ordinary Members can vote in person or by proxy.
This year's AGM is scheduled to be held on 24th April. Further details will be available shortly.
The FOA is governed by a Board of up to 20 non-executive directors, of whom 14 may be elected and 6 may be co-opted). The Board, in turn, is supported by an Executive Committee of nominated directors.
Committees & Working Groups
The FOA runs a number of practitioner-based committees and working groups, which ensure the FOA reflects industry views accurately and that its work agenda gives due priority to the right issues. These committees and working groups cover compliances, financial crime, clearing and operations, and includes market sector groups in energy, power, metals and spread betting.