Today, the Swiss Private Bankers Association has 13 members. In accordance with article 4 of the statutes of the Association, membership is open to : "any Swiss private banking house, on condition that it meets the following conditions:
it is entered in the trade register as a banker or bank of sole ownership, registered partnership, limited partnership or limited partnership with shares (i.e. all private banks owned by at least one managing partner with unlimited liability)
the partner with unlimited liability or the majority of partners must be Swiss citizens. Should a banking house have two partners with unlimited liability, only one partner needs to be Swiss citizen.
one partner with unlimited liability must have been a member of the Swiss Private Bankers Association for at least three years. A former private banker may, with the Committee’s consent, be an individual member of the Association."
The partners with unlimited liability make up the Ordinary Annual General Meeting. This meeting may be attended by the individual members, although they have no voting rights. The handling of banking and commerial policy is entrusted to the Assembly of Representatives.
The management and representation of the Swiss Private Bankers Association are assumed by a committee which is elected for three years. This committee includes a Chairman, a Vice Chairman and three to five members, and is generally chaired alternatively by a representative of French-speaking Switzerland and German-speaking Switzerland.
