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Related parties (Tables)
12 Months Ended
Dec. 31, 2021
Entity [Table]  
Disclosure Of Transactions Between Related Parties Explanatory
Related-party disclosure
For the year ended
USD million
31.12.21
31.12.20
31.12.19
Received by UBS
Fees
39
34
34
Paid by UBS
Rent
4
5
4
Dividends, capital repayments and interest
5
10
11
Remuneration  
Entity [Table]  
Disclosure Of Transactions Between Related Parties Explanatory
Remuneration of key management
 
personnel
USD million, except where indicated
31.12.21
31.12.20
31.12.19
Base salaries and other cash payments
1
31
33
32
Incentive awards – cash
2
17
18
14
Annual incentive award under DCCP
26
27
21
Employer’s contributions to retirement benefit plans
3
3
3
Benefits in kind, fringe benefits (at market value)
1
1
1
Share-based compensation
3
45
47
37
Total
124
129
108
Total (CHF million)
4
113
121
107
1 May include role-based allowances in line
 
with market practice and regulatory requirements.
 
2 The cash portion may also include
 
blocked shares in line with regulatory requirements.
 
3 Compensation expense
is based on the
 
share price on grant
 
date taking into account
 
performance conditions. Refer
 
to Note 27 for
 
more information. For
 
GEB members, share-based
 
compensation for 2021, 2020
 
and 2019 was
 
entirely
composed of LTIP awards.For
 
the Chairman of the BoD the share-based compensation for 2021, 2020 and 2019 was
 
entirely composed of UBS shares.
 
4 Swiss franc amounts disclosed represent the respective US
dollar amounts translated at the applicable performance award currency exchange rates (2021: USD /
 
CHF
0.92
; 2020: USD / CHF
0.94
; 2019: USD / CHF
0.99
).
Equity holdings  
Entity [Table]  
Disclosure Of Transactions Between Related Parties Explanatory
Equity holdings of key management personnel
1
31.12.21
31.12.20
Number of shares held by members of the BoD, GEB and parties closely
 
linked to them
2
4,597,006
5,288,317
1 No options were held in 2021 and 2020 by non-independent members
 
of the BoD and any GEB member or any of its related
 
parties.
 
2 Excludes shares granted under variable
 
compensation plans with forfeiture
provisions.
Key management personnel | Loans, advances and mortgages  
Entity [Table]  
Disclosure Of Transactions Between Related Parties Explanatory
Loans, advances and mortgages to key management
 
personnel
1
USD million, except where indicated
2021
2020
Balance at the beginning of the year
38
33
Additions
11
14
Reductions
(15)
(8)
Balance at the end of the year
2
34
38
Balance at the end of the year (CHF million)
2, 3
31
34
1 All loans are secured loans.
 
2 There were no unused uncommitted credit facilities as of 31
 
December 2021 and 31 December 2020.
 
3 Swiss franc amounts disclosed represent the respective US dollar
 
amounts
translated at the relevant year-end closing exchange rate.
Associates and joint ventures | Loans, advances and mortgages  
Entity [Table]  
Disclosure Of Transactions Between Related Parties Explanatory
Loans to and outstanding receivables from associates
 
and joint ventures
USD million
2021
2020
Carrying amount at the beginning of the year
630
982
Additions
133
527
Reductions
(497)
(1,001)
Foreign currency translation
(14)
123
Carrying amount at the end of the year
 
251
630
of which: unsecured loans and receivables
243
621
Other transactions with associates and
 
joint ventures
As of or for the year ended
USD million
31.12.21
31.12.20
Payments to associates and joint ventures for goods and services
 
received
157
139
Fees received for services provided to associates and joint ventures
104
128
Liabilities to associates and joint ventures
127
91
Commitments and contingent liabilities to associates
 
and joint ventures
7
9
UBS AG  
Entity [Table]  
Disclosure Of Transactions Between Related Parties Explanatory
Related-party disclosure
For the year ended
USD million
31.12.21
31.12.20
31.12.19
Received by UBS AG
Fees
22
19
19
Paid by UBS AG
Rent
2
3
2
Dividends, capital repayments and interest
5
10
10
UBS AG | Equity holdings  
Entity [Table]  
Disclosure Of Transactions Between Related Parties Explanatory
Equity holdings of key management personnel
1
31.12.21
31.12.20
Number of shares held by members of the BoD, EB and parties closely linked to them
2
4,175,515
4,956,640
1 No options were held in 2021 and 2020 by non-independent members
 
of the BoD and any GEB member or any of its related
 
parties.
 
2 Excludes shares granted under variable
 
compensation plans with forfeiture
provisions.
UBS AG | Key management personnel | Loans, advances and mortgages  
Entity [Table]  
Disclosure Of Transactions Between Related Parties Explanatory
Loans, advances and mortgages to key management
 
personnel
1
USD million, except where indicated
2021
2020
Balance at the beginning of the year
31
23
Additions
11
13
Reductions
(15)
(5)
Balance at the end of the year
2
28
31
Balance at the end of the year (CHF million)
2, 3
25
28
1 All loans are secured loans.
 
2 There were no unused uncommitted credit facilities as of 31 December
 
2021 and 31 December 2020.
 
3 Swiss franc amounts disclosed represent the respective US dollar amounts
translated at the relevant year-end closing exchange rate.
UBS AG | Associates and joint ventures | Loans, advances and mortgages  
Entity [Table]  
Disclosure Of Transactions Between Related Parties Explanatory
Loans to and outstanding receivables from associates
 
and joint ventures
USD million
2021
2020
Carrying amount at the beginning of the year
630
982
Additions
133
527
Reductions
(497)
(1,001)
Foreign currency translation
(14)
123
Carrying amount at the end of the year
 
251
630
of which: unsecured loans and receivables
243
621
Other transactions with associates and
 
joint ventures
As of or for the year ended
USD million
31.12.21
31.12.20
Payments to associates and joint ventures for goods and services
 
received
157
139
Fees received for services provided to associates and joint ventures
104
128
Liabilities to associates and joint ventures
127
91
Commitments and contingent liabilities to associates
 
and joint ventures
7
9
UBS AG | UBS Group AG and other subsidiaries of UBS Group AG | Loans, advances and mortgages  
Entity [Table]  
Disclosure Of Transactions Between Related Parties Explanatory
USD million
31.12.21
31.12.20
Receivables
Loans and advances to customers
1,049
1,470
Financial assets at fair value held for trading
187
76
Other financial assets measured at amortized cost
45
38
Payables
Customer deposits
2,828
3,324
Funding from UBS Group AG
57,295
53,979
Other financial liabilities measured at amortized cost
1,887
1,820
Other financial liabilities designated at fair value
1
2,340
1,375
1 Represents funding recognized from UBS Group AG that is designated at fair value. Refer to Note
 
19b for more information.