 KPMG International changed its legal structure from a Swiss Verein to a co-operative under Swiss law in 2003.<ref>Handelsregister des Kantons Zug (Registration Number CH-020.6.900.276-5)</ref>

This structure in which the Cooperative provides support services only to the member firms is similar to other professional services networks.The member firms provide the services to client.The purpose is to limit the liability of each independent member.<ref>This is illustrated in the cases involving Parmalat where clients sought to hold Deloitte (the Swiss Verein)and Grant Thornton International (a UK company providing administrative services to its members) liable for the negligence of other member firms.</ref>

Bill Thomas is KPMG's Global Chairman.