Ordinance
on Financial Institutions
(Financial Institutions Ordinance, FinIO)

(Art. 61 para. 3 and 63 Fin­IA)

¹The audit firm shall veri­fy wheth­er the en­tit­ies un­der its su­per­vi­sion spe­cific­ally:

a.

sat­is­fy the re­quire­ments of the Fin­IA;

b.

ob­serve the du­ties pur­su­ant to the AMLA⁴⁶;

c.

ob­serve the du­ties pur­su­ant to the FinSA⁴⁷ if it provides fin­an­cial ser­vices in ac­cord­ance with Art­icle 3 let­ter c FinSA;

d.

ob­serve the du­ties pur­su­ant to the CISA⁴⁸ if they per­form activ­it­ies fall­ing un­der the CISA.

²Su­per­vised en­tit­ies for which the audit firm sub­mits an an­nu­al risk ana­lys­is are ex­emp­ted from the duty to re­port on their busi­ness activ­ity's com­pli­ance in ac­cord­ance with Art­icle 63 para­graph 3 Fin­IA.