CA Indosuez (Switzerland) SA - 2018 Annual Report

45

Activity report 2018

2.4.3. Statutory and regulatory auditors

d) Outside audit documentation

Every year, PricewaterhouseCoopers SA drafts an audit plan and writes one report on the audit of the financial statements and another on the regulatory audit. The responsible auditor discusses these documents with the Audit and Risk Committee. The plan was presented to the Audit and Risk Committee at its meeting on 20 September 2018 and to the Board of Directors at its meeting on 21 September 2018. The results of the audit of the financial statements were presented and discussed in the Audit and Risk Committee meeting on 27 March 2019 and the Board of Directors meeting on 28 March 2019. The external auditors have constant access to the Audit and Risk Committee, the Executive Committee, and General Inspection, with whom they have regular work meetings. PricewaterhouseCoopers SA has an annual mandate. The qualifications of the outside auditors, their performance, and the level of auditing fees are assessed annually by the Audit and Risk Committee.

a) Duration of the audit term and duration of the responsible auditor's duty

Since 1999, PricewaterhouseCoopers SA, Geneva, has been the statutory auditor of CA Indosuez (Switzerland) SA, Geneva, under the Code of Obligations. It has also served as the Regulatory Auditor under the Loi sur la surveillance des marchés financiers (Financial Markets Monitoring Act). Philippe Bochud has been the responsible auditor since the 2015 fiscal year. The person who leads the audit can hold this mandate for a maximum of seven years.

b) Auditing fees

CA Indosuez (Switzerland) SA paid a total of CHF 2 147 898, excluding VAT, as auditing fees for 2018.

c) Additional fees

CA Indosuez (Switzerland) SA paid a total of CHF 100 468, excluding VAT, as additional fees for 2018. These fees relates to additional services in regards to the Bank’s tax matters.