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FIG - FIG healthy and stable finance
16 Apr 2008 00:00
 
During its meeting in St Petersburg (RUS), March 09 - 11, the members of the Executive Committee of the FIG devoted the majority of their time to the examination of proposals drawn up by both the Committee and the federations concerning the updating of the Technical Regulations. The proposed modifications await approval by the 44 FIG Council members, who will be meeting in Cape Town, May 24 - 25.
The Executive unanimously approved the 2007 accounts, the 2008 budget and that for the upcoming 2009 - 2012 cycle; it hailed the healthy and stable financial situation the Federation presently enjoys.

A project geared toward creating a license to allow for more efficient management of the administrative files of delegation members, gymnasts and their surrounding personnel will be proposed to Council members.

The Youth Olympic Games (YOG), recently introduced by the IOC, will be added to the list of official FIG competitions in the Technical Regulations. The Executive approved the new YOG regulations.

Criteria for qualification to the Olympic Games are under revision. Concrete proposals will be submitted to Council members for approval.

The Executive examined the basic principles of the Codes of Points, which will come into effect as of January 1, 2009. The codes will be approved at a later meeting. The President emphasised his intent to favour execution over difficulty in order to decrease the number of accidents and to render gymnastics more accessible to the public and media alike.

The organisation of the 2009 Council falls to a European Union member federation. One bid has been made to date: Norway.

A single candidate for organisation of the first edition of the Gym for Life Challenge has been received: Dornbirn (AUT). The event will be held in July 2009.

The date for the 2007 - 2008 World Cup Final in Rhythmic Gymnastics has been changed to October 3 - 5, 2008 in Benidorm (SPA).

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