The 92nd FIDE General Assembly took place yesterday, December 28, and for the first time it was organized in a hybrid format. While most of the delegates participated by videoconference and votes were cast online, the FIDE President, the Board of Directors and several members of the Board were present in Warsaw, where the Fast-paced World Championship is taking place. blitz.
As has become a tradition, the reunion began with an In Memoriam video in remembrance of chess family members who died during the year. The President summarized the highlights of the year, including all major FIDE competitions and FIDE social initiatives, one of the areas where our organization has made the most progress in recent months.
The Treasurer’s Report Zhu Chen and discussions on financial matters have shown that FIDE is in good financial health. FIDE’s budget presentation approach has been changed to present gross income and expenditure, which allows for more transparency and resembles the best practices of our peer international sports federations.
Such a profound change comes from the implementation of what can be considered a change in our business model. In the past, FIDE outsourced the organization of most events, including World Championship matches, to third parties. But shortly after the new management team took office in October 2018, FIDE strengthened its capacity for organizing events and regained the right to organize the world championship match. “This is a major change in the business model for FIDE that requires us to review our financial reporting and budgeting process,” explains Chen. “As the pandemic forced us to postpone the implementation of our new business model for almost two years, the recent world championship game proved that FIDE is on the right track.”
The budget for 2022 is balanced and established at a total of income and expenditure of 12.84 million euros. “The Development Fund has been doubled, which means many opportunities for large projects”, explains Dana Reizniece-Ozola, Director General of FIDE. It should be noted that in 2021, more than 80% of revenues were generated by sponsorship, donations and broadcasting rights, against 48% in 2020, and 4.8% in 2016. In other words, license revenues and dues paid by member federations and chess players were reduced from 95.2% in 2006 to less than 20% in 2021.
Another important step was the approval of a new code of ethics and discipline, a key document to provide FIDE with better governance policies and increased transparency. The new Code is the product of intensive work and revision over the past year.
“It is FIDE’s mission to promote the highest possible ethical values in the sport of chess and to ensure that the spirit of fair play and good sportsmanship prevails. The Code sets out ethical values, principles , the duties and the appropriate penalties applicable throughout the chess community and sport ”, explains Francois Strydom, President of the Ethics and Disciplinary Commission of FIDE.
In the same sense, a new electoral regulation of FIDE has been approved for the electoral procedure which is to take place in 2022. This document defines the scope and general principles, eligibility and nomination and the candidates, ethical considerations to be observed during the campaign, the appointment of the electoral commission and the vote count, among other details. These new rules also imply a strong stance in favor of better gender balance, something particularly important in a year that has been designated by FIDE as “the year of women in chess”.
Finally, we are happy to announce that the FIDE family continues to grow. First, the application for FIDE membership of four new Federations was approved. Dominica, Saint Vincent and the Grenadines, Niger and Belize are now members of FIDE. FIDE will be happy to welcome the new member federations to the World Chess Olympiad in Moscow next year, and also to provide them with development funding and capacity building support. They are already taking the first steps, and for example the Chess Federation of Saint Vincent and the Grenadines has just organized its very first national championship. On December 17, Chinedu Benjamin Enemchukwu was crowned the first national champion of this Caribbean country.
FIDE also awarded a new title of honorary member of FIDE. The 92nd General Assembly of FIDE voted unanimously in favor of the attribution of the title of “Honorary Member of FIDE” to Andrei Filatov, President of the Russian Chess Federation, for his particular contribution to the development of chess. Over the course of FIDE’s nearly 100-year history, the title of Honorary Member has been conferred on approximately 80 individuals, including one of the founders of the Federation, Lord Frédéric Hamilton-Russell, world champions Max Euwe and Boris Spasski, female world champions Nona Gaprindashvili and Maia Chiburdanidze, the oldest grandmaster in the world Yuri Averbakh, the inventor of the universally adopted ELO system in chess, Arpad Elo, and the leaders of the Soviet Chess Federation Boris Rodionov and Vitaly Sevastyanov.
A detailed list of all relevant decisions and documents will be posted on this website in the coming days.
Please visit the FIDE Congress website for complete information.