The Liechtenstein Financial Market Authority (FMA) Executive Board has decided to set up an “Auditor Oversight” unit, to be established on 1 January 2026, as a central element of quality assurance in the auditing area. The unit will be headed by Markus Meier, Head of the Banking Division and a member of the FMA Executive Board. The specialist unit is based on the Auditors Act (WPA) and relevant special legislation and is intended to support a trustworthy supervisory regime and high-quality audit services through risk-based supervision. It will serve as the FMA’s central contact point for auditor supervision, represent the authority in national and international bodies, and work with existing supervisory divisions to facilitate information exchange.
Liechtenstein Financial Market Authority 2025-12-03
Liechtenstein Financial Market Authority establishes Auditor Oversight unit to strengthen audit quality assurance from 1 January 2026
The Liechtenstein Financial Market Authority (FMA) will establish an "Auditor Oversight" unit on 1 January 2026, led by Markus Meier, to enhance quality assurance in auditing. Based on the Auditors Act and related legislation, the unit aims to support a trustworthy supervisory regime through risk-based supervision and will act as the FMA's central contact for auditor supervision.