Commentaries: Art. 42

The Oversight Authority shall charge an annual oversight levy to audit firms under state oversight to finance the costs that are not covered by fees.
The oversight levy shall result from the ratio of the individual audit firm’s audit fees to the sum of all audit fees posted by audit firms under state oversight. It shall amount to at least 10,000 francs.
.¹
The annual oversight levy for audit firms under state oversight that only audit persons under Article 1b BankA²amounts to a minimum of 2500 francs.³
The audit fees in accordance with Article 11 paragraph 3 shall form the basis for the calculation.

Inserted by Annex No 1 of the Financial Market Auditing 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 Repealed by Annex 1 No II 1 of the Ordinance on Financial Institutions of 6 Nov. 2019, with effect from 1 Jan. 2020 (AS 2019 4633).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. 42