Ordinance
on the Licensing and Oversight of Auditors
(Auditor Oversight Ordinance, AOO)

¹ The Over­sight Au­thor­ity shall ini­ti­ate ex of­fi­cio the pro­ced­ure to cor­rect the entry in the re­gister if the entry does not or no longer cor­res­ponds to the facts or leg­al situ­ation and the per­sons or audit firms with the duty to no­ti­fy (Art. 15 para. 3 AOA) do not make the cor­rec­tion or re­port it them­selves.

² For this pur­pose, the Over­sight Au­thor­ity shall re­quest the per­sons or audit firms with the duty to no­ti­fy to cor­rect the re­gister with­in 30 days or to prove that no cor­rec­tion is re­quired.

³ If the Over­sight Au­thor­ity is un­able to con­tact the per­sons or audit firms with the duty to no­ti­fy, it shall pub­lish the re­quest in the Fed­er­al Gaz­ette.

⁴ If the per­sons or audit firms sub­ject to the duty do not ar­range for the cor­rec­tion them­selves, the Over­sight Au­thor­ity shall or­der the cor­rec­tion in a rul­ing.