Commentaries: Art. 9a

Audit firms domiciled abroad shall be licensed as audit firms under state oversight if:
1. they meet the requirements of Article 9 AOA or equivalent requirements; and
2. they guarantee the fulfilment of the duties to inform and notify and grant access to the Swiss Oversight Authority.
Foreign audit firms providing auditing services for Swiss public interest entities under Swiss law are subject to Swiss oversight.
Foreign audit firms that are subject to oversight or opt for oversight in their country of domicile by a foreign oversight authority recognised by the Federal Council are not required to be licensed in Switzerland as audit firms under state oversight.¹
If it is possible that an audit firm will become subject to oversight subsequent to licensing in Switzerland, it must notify the Swiss Oversight Authority accordingly. The Swiss Oversight Authority shall allow the audit firm a reasonable period of time in which to obtain a licence in its country of domicile.²

Inserted by No I of the O of 23 Aug. 2017, in force since 1 Oct. 2017 (AS 2017 4863). ↩
Inserted by No I of the O of 23 Aug. 2017, in force since 1 Oct. 2017(AS 2017 4863). ↩

Art. 9a