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Art. 126z

951.311CISOFederal Council OrdinanceJan 1, 2007Original source
  1. If the audit firm identifies material deficiencies in the course of its audit activities, it must include these as reservations in the audit report on the supervisory audit of the institution responsible for the management of the L-QIF.
  2. The violation of a provision pursuant to Article 118a paragraph 1 CISA is always considered a material deficiency.

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