Dissolution of the ACP

The Association of Chess Professionals is a non-profit organisation that was founded in 2003 to protect the rights of professional chess players. In the course of its existence the ACP managed to push through many important changes in the FIDE regulations, raising the prize funds and improving the financial conditions of the professional chess players. It also organised numerous tournaments. Now, after two decades, the ACP General Assembly has decided to dissolve the organisation. Here are all the details, in their press release.