Global Risks Forum 2025

Do GRA Leaders Council Members Have Any Legal, Financial, or Fiduciary Liability?

No. Members of the Leaders Council of the Global Risks Alliance (GRA) bear no legal, financial, or fiduciary liability for the operations, decisions, or financial conduct of GRA or its affiliated entities. Council appointments are strictly non-executive, non-remunerated, and non-binding in a fiduciary sense, in full compliance with international norms governing civil society participation in multilateral governance structures.

The Leaders Council serves as a deliberative and strategic co-governance chamber, allowing members to contribute to:

  • Global capital strategy alignment,
  • Multilateral foresight coordination, and
  • Clause-certified agenda setting—
    without assuming executive authority or institutional liability.

All legal, fiduciary, and operational responsibilities remain solely vested in the designated boards, trustees, and legal entities of the Global Centre for Risk and Innovation (GCRI), the institutional and legal custodian of the GRA framework. GCRI is duly registered in Canada and Switzerland, and operates under:

  • Its constitutional bylaws,
  • International civil society governance standards, and
  • Relevant jurisdictional compliance frameworks.

This structural design ensures that Leaders Council members:

  • Are protected under internationally recognized legal safeguards for advisory bodies,
  • Operate within UN ECOSOC Special Consultative Status parameters, and
  • Are not personally or institutionally liable for GRA’s financial, legal, or operational actions.

Participation is governed by internal protocols, including:

  • A non-binding declaration of alignment with GRA’s mission and values;
  • Adherence to GRA’s Code of Conduct, Conflict of Interest protocols, and good standing criteria.

Council members are encouraged to contribute strategic leadership and institutional insights, but do so with the legal certainty that their role carries no exposure to contractual, fiduciary, or legal risk.


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