Auditor Oversight Ordinance (AOO)
English is not an official language of the Swiss Confederation. This translation is provided for information purposes only, has no legal force and may not be relied on in legal proceedings.
Art. 37 Principle
1 The Oversight Authority shall charge fees for its decisions, inspections and services. 2 Unless specific regulations are contained in this Ordinance, the provisions of the General Ordinance on Fees of 8 September 2004 apply.
Para. 2 — SR 172.041.1
Art. 38 Licence
1 The Oversight Authority shall levy a fee from applicants for: a. assessing a licence application; b. renewing a licence; c. changing the type of licence; d. transferring a licence (Art. 21a). 2 The fee for the assessment of each licence shall be as follows: a. for individuals: 800 francs; b. for audit firms: 1500 francs. 3 ... 4 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. 5 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. 6 If an audit firm under state oversight submits several licence applications simultaneously, the licence fees shall be charged based on actual time spent. 7 ... 8 If an audit firm under state oversigh
Art. 38 — Amended by No I of the O of 14 Nov. 2012, in force since 1 Dec. 2012 (AS 2012 6071). Para. 2 — Amended by Annex No 1 of the Financial Market Auditing Ordinance of 5 Nov. 2014, in force since 1 Jan. 2015 (AS 2014 4295). Para. 3 — Repealed by No I of the O of 23 Aug. 2017, with effect since 1 Oct. 2017 (AS 2017 4863). Para. 6 — Inserted by Annex No 1 of the Financial Market Auditing Ordinance of 5 Nov. 2014, in force since 1 Jan. 2015 (AS 2014 4295). Para. 7 — Inserted by Annex No 1 of t
Art. 39 Inspection of audit firms under state oversight
1 The fees for the inspection of audit firms under state oversight shall be determined on the basis of the actual time spent. 2 The daily rate for the staff of the Oversight Authority shall be between 1000 and 2500 francs per person, depending on the expertise required. The daily rate for any third parties engaged shall be based on the customary market rates.
Art. 40 Other decisions and services
1 For other decisions and services a fee shall be charged on the basis of the actual time spent. The hourly rate shall be 250 francs. 2 …
Para. 2 — Repealed by No 1 of the O of 14 Nov. 2012, with effect since 1 Dec. 2012 (AS 2012 6071).
Art. 41 Adjustment in line with inflation
The Federal Department of Justice and Police may adjust the rates for fees in line with inflation.
Art. 42 Oversight levy
1 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. 2 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. 2bis ... 2ter The annual oversight levy for audit firms under state oversight that only audit persons under Article 1b BankA amounts to a minimum of 2500 francs. 3 The audit fees in accordance with Article 11 paragraph 3 shall form the basis for the calculation.
Para. 2bis — 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). Para. 2ter — SR 952.0 Para. 2ter — Inserted by No II 1 of the O of 30 Nov. 2018, in force since 1 Jan. 2019 (AS 2018 5229).
Art. 43 Duration of obligation to pay levy
The oversight levy shall be paid for the duration of the licence.
Art. 44 Method of payment
1 The Oversight Authority shall require audit firms that are liable to pay the levy to make a payment to account on the basis of its budget in the accounting year in question. 2 In the first quarter of the subsequent year it shall draw up the final account on the basis of its annual financial statements. Any differences between the payment to account and final account shall be carried forward to the subsequent year’s payment on account. 3 The payment shall be made within 30 days. 4 If the oversight levy is disputed, the audit firm may demand an appealable decision.