The R&A, together with the USGA, governs the sport of golf worldwide. The R&A was formed in 2004 to take on The Royal and Ancient Golf Club of St Andrews’ responsibilities for governing the Rules of Golf. Together with the USGA (United States Golf Association), it governs the sport of golf worldwide. It also organizes The Open, the oldest golf championship, and oversees the AIG Women’s Open, one of the five women’s Majors. The Open takes us back to the roots of the ancient game. It evokes the discipline’s core values – respect for tradition, humility and integrity – all of which echo Rolex’s own defining philosophy.