The operation of the National Guarantee Fund is based on divers national and international legal principles.
The legislation NBI determine the organisation, the tasks and the financing of the National Bureau of Insurance. The basic principles are specified in art. 74 of the Swiss Road Traffic Law.
The NBI is an association. The statutes provide information on the purpose, the financing and the organisation of the association.
The NBI is subject to supervision by divers authorities in Switzerland and in the Principality of Liechtenstein.
Various international agreements and contracts have been concluded in order to simplify international claims settlement.
Within the compendia, the CoB summarises the legislation of the CoB countries with regard to the relevant MTPL provisions.