Federal Act
on the Licensing and Oversight
of Auditors
(Auditor Oversight Act, AOA)

¹ The Over­sight Au­thor­ity shall de­cide, on ap­plic­a­tion, on the li­cens­ing of:

a.

aud­it­ors;

b.

audit ex­perts;

c.

audit firms un­der state over­sight;

d.²⁸

audit com­pan­ies and lead aud­it­ors for the audit un­der the fin­an­cial mar­ket acts (Art­icle 1 para­graph 1 FIN­MASA²⁹) in ac­cord­ance with Art­icle 9a.

^1bis It may re­strict li­cens­ing to the pro­vi­sion of cer­tain kinds of audit­ing ser­vices to cer­tain pub­lic in­terest en­tit­ies.³⁰

² It shall main­tain a re­gister of li­censed in­di­vidu­als and audit firms. This re­gister shall be pub­lic and shall be pub­lished on the In­ter­net. The Fed­er­al Coun­cil shall de­term­ine the con­tent of the re­gister.

³ Re­gistered in­di­vidu­als and audit firms must in­form the Over­sight Au­thor­ity of any change to the de­tails entered in the re­gister.