Commentaries: Art. 1

A licence application must be submitted to the Oversight Authority by:
1. any individual who wishes to provide audit services as an auditor or audit expert;
2. any audit firm that wishes to provide audit services as an auditor, audit expert or audit firm under state oversight;
3. ¹ any individual who based on a licence in accordance with letter a wishes to perform audits under the financial market acts as a lead auditor in accordance with Article 1 paragraph 1 of the Financial Market Supervision Act of 22 June 2007²(financial market acts) (Art. 9a para. 2 AOA);
4. ³ any audit firm which based on the licence in accordance with letter b wishes to perform audits under the financial market acts as an audit company (Art. 9a para. 1 AOA);
5. ⁴ any individual who, based on a licence in accordance with letter a, wishes to perform audits in accordance with Articles 68 and 68a of the Federal Act of 20 December 1946⁵on Old-Age and Survivors’ Insurance (OASIA) as a lead auditor;
6. ⁶ any audit firm which, based on the licence in accordance with letter b, wishes to perform audits in accordance with Articles 68 and 68a OASIA as an audit company.
The applicant must submit evidence of payment of the fee in accordance with Article 38 with the application.

Inserted by Annex No 1 of the Financial Market Auditing Ordinance of 5 Nov. 2014, in force since 1 Jan. 2015 (AS 2014 4295). ↩
SR 956.1 ↩
Inserted by Annex No 1 of the Financial Market Auditing Ordinance of 5 Nov. 2014, in force since 1 Jan. 2015 (AS 2014 4295). ↩
Inserted by Annex No 1 of the O of 22 Nov. 2023, in force since 1 Jan. 2024 (AS 2023 750). ↩
SR 831.10 ↩
Inserted by Annex No 1 of the O of 22 Nov. 2023, in force since 1 Jan. 2024 (AS 2023 750). ↩

Art. 1