CYBA was established in 1982 with the concept of creating a support network for charter yacht brokers:
- Establishing and maintaining a strict code of ethics
- Establishing a higher level of fiduciary responsibility
- Improving industry standards.
CYBA members share the responsibility of continuing to foster and promote professionalism within the charter yacht industry:
- To continue to set higher standards
- To continue to provide educational programs
- To foster greater cooperation between brokers and others within the charter yacht industry
- To help develop new policies and procedures that benefit the charter yacht industry.