Commentaries: Art. 38

The Oversight Authority shall levy a fee from applicants for:
1. assessing a licence application;
2. renewing a licence;
3. changing the type of licence;
4. transferring a licence (Art. 21a ).
The fee for the assessment of each licence shall be as follows:¹
1. for individuals: 800 francs;
2. for audit firms: 1500 francs.
.²
If an unusually large amount of work is required for the assessment, the fee shall be doubled. A separate charge shall be made for expenses.
For the assessment of the licence applications of audit firms under state oversight, a fee shall be charged on the basis of the actual time spent. The hourly rate shall be 250 francs, with the minimum fee amounting to 5000 francs. Firms that voluntarily subject themselves to oversight shall also be liable to pay the fee.
If an audit firm under state oversight submits several licence applications simultaneously, the licence fees shall be charged based on actual time spent.³
.⁴
If an audit firm under state oversight solely audits persons under Article 1b BankA⁵(Art. 11a para. 1 let. a^bis), the fee is 1500 francs.⁶

Amended by Annex No 1 of the Financial Market Auditing Ordinance of 5 Nov. 2014, in force since 1 Jan. 2015 (AS 2014 4295). ↩
Repealed by No I of the O of 23 Aug. 2017, with effect since 1 Oct. 2017 (AS 2017 4863). ↩
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 Financial Market Audit Ordinance of 5 Nov. 2014 (AS 2014 4295). Repealed by Annex 1 No II 1 of the Ordinance on Financial Institutions of 6 Nov. 2019, with effect from 1 Jan. 2020 (AS 2019 4633). ↩
SR 952.0 ↩
Inserted by No II 1 of the O of 30 Nov. 2018, in force since 1 Jan. 2019 (AS 2018 5229). ↩

Art. 38