Interest rate benchmark reform (Tables)	12 Months Ended
Interest rate benchmark reform (Tables)	Dec. 31, 2021
Schedule Of Interest Rate Benchmark Reform Maximum Exposure [Table]
Disclosure Of Quantitative Information About Financial Instruments That Have Yet To Transition To Alternative Benchmark Rate Explanatory	31.12.21 LIBOR benchmark rates Measure CHF USD GBP EUR 1 JPY Carrying value of non-derivative financial instruments Total non-derivative financial assets USD million 21,616 2 65,234 3 45 4 1 0 Total non-derivative financial liabilities USD million 27 4 1,985 4 3 4 5 0 Trade count of derivative financial instruments Total derivative financial instruments Trade count 829 6 40,500 7 183 6 3,744 6 184 6 Off-balance sheet exposures Total irrevocable loan commitments USD million 0 11,863 8 0 0 0 1 Relates primarily to EUR LIBOR positions. 2 Relates primarily to CHF LIBOR mortgages, which will automatically transition to SARON on their first roll date in 2022. 3 Includes USD LIBOR securities-based lending and brokerage accounts, amounting to USD 37 billion, and USD 5 billion respectively, which for the most part transitioned to SOFR in January 2022, as well as USD 1 billion of loans related to revolving multi-currency credit lines, where IBOR transition efforts are complete, except for USD LIBOR. The remainder primarily relates to US mortgages and corporate lending. 4 Relates to floating-rate notes that per their contractual terms can reset to rates linked to LIBOR, with transition dependent upon the actions of respective issuers. 5 Relates to contracts that transitioned in January 2022. 6 Includes predominantly bilateral derivatives, which transitioned in January 2022, and an insignificant amount of cleared derivatives, where the respective clearing houses’ organized transition happened in January 2022. 7 Includes approximately 5,000 cross-currency derivatives, of which approximately 500 have both a non-USD LIBOR leg and a USD LIBOR leg, where the non-USD leg transitioned in January 2022 before the next fixing date. The remainder represents cross-currency swaps with an ARR leg and a USD IBOR leg. 8 Includes loan commitments that can be drawn in different currencies at the client‘s discretion, of which approximately USD 3 billion have only USD LIBOR exposure remaining and approximately USD 2 billion retain a non-USD LIBOR interest rate as of 31 December 2021, with transition dependent upon the actions of other parties. The remainder represents loan commitments that can be drawn in US dollars only and will transition in 2022–2023.
UBS AG
Schedule Of Interest Rate Benchmark Reform Maximum Exposure [Table]
Disclosure Of Quantitative Information About Financial Instruments That Have Yet To Transition To Alternative Benchmark Rate Explanatory	31.12.21 LIBOR benchmark rates Measure CHF USD GBP EUR 1 JPY Carrying value of non-derivative financial instruments Total non-derivative financial assets USD million 21,616 2 65,234 3 45 4 1 0 Total non-derivative financial liabilities USD million 27 4 1,985 4 3 4 5 0 Trade count of derivative financial instruments Total derivative financial instruments Trade count 829 6 40,500 7 183 6 3,744 6 184 6 Off-balance sheet exposures Total irrevocable loan commitments USD million 0 11,863 8 0 0 0 1 Relates primarily to EUR LIBOR positions. 2 Relates primarily to CHF LIBOR mortgages, which will automatically transition to SARON on their first roll date in 2022. 3 Includes USD LIBOR securities-based lending and brokerage accounts, amounting to USD 37 billion, and USD 5 billion respectively, which for the most part transitioned to SOFR in January 2022, as well as USD 1 billion of loans related to revolving multi-currency credit lines, where IBOR transition efforts are complete, except for USD LIBOR. The remainder primarily relates to US mortgages and corporate lending. 4 Relates to floating-rate notes that per their contractual terms can reset to rates linked to LIBOR, with transition dependent upon the actions of respective issuers. 5 Relates to contracts that transitioned in January 2022. 6 Includes predominantly bilateral derivatives, which transitioned in January 2022, and an insignificant amount of cleared derivatives, where the respective clearing houses’ organized transition happened in January 2022. 7 Includes approximately 5,000 cross-currency derivatives, of which approximately 500 have both a non-USD LIBOR leg and a USD LIBOR leg, where the non-USD leg transitioned in January 2022 before the next fixing date. The remainder represents cross-currency swaps with an ARR leg and a USD IBOR leg. 8 Includes loan commitments that can be drawn in different currencies at the client‘s discretion, of which approximately USD 3 billion have only USD LIBOR exposure remaining and approximately USD 2 billion retain a non-USD LIBOR interest rate as of 31 December 2021, with transition dependent upon the actions of other parties. The remainder represents loan commitments that can be drawn in US dollars only and will transition in 2022–2023.