Art. 86

(Art. 62 para. 1 FinIA)

Where the supervisory organisation does not itself conduct the audit of supervised entities, it will ensure that:

1. the appointed audit firm is correctly mandated and authorised in accordance with Article 43k FINMASA¹;
2. the appointed audit firm implements the guidelines provided by FINMA;
3. the areas audited and the corresponding depths of audit of risk assessments are commensurate with its supervision concept; and
4. it is informed immediately of any irregularities.