Art. 135

(Art. 126 para. 1 and 6 CISA)

1. The audit company for the custodian bank shall specify in a separate audit report whether the custodian bank is complying with the supervision and the contractual provisions.
2. It must also include any reservation in the audit report under Article 27 paragraph 1 of the Financial Market Supervision Act of 22 June 2007¹on the custodian bank.
3. It shall submit the audit report under paragraph 1 to the following recipients:
   1. the fund management company or the SICAV;
   2. FINMA;
   3. the audit company for the fund management company or the SICAV.
4. The audit company for the fund management company or the SICAV shall take account of the results of the report on the audit of the custodian bank in their own audits.
5. It may request additional information from the audit company for the custodian bank that it requires to carry out its tasks.