Interest rate benchmark reform (Tables)	12 Months Ended
Interest rate benchmark reform (Tables)	Dec. 31, 2022
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	LIBOR benchmark rates 31.12.22 1 31.12.21 Measure USD USD CHF GBP EUR 2 JPY Carrying value of non -derivative financial instruments Total non-derivative financial assets USD m 14,269 3 65,234 3 21,616 4 45 5 1 0 Total non-derivative financial liabilities USD m 1,138 5 1,985 5 27 5 3 5 5 6 0 Trade count of derivative financial instruments Total derivative financial instruments Trade count 32,006 7 40,500 7,8 829 9 183 9 3,744 9 184 9 Off-balance sheet exposures Total irrevocable loan commitments USD m 4,606 10 11,863 11 0 0 0 0 1 As of 31 December 2022, non-USD balances and trade counts are minimal. 2 Relates primarily to EUR LIBOR positions. 3 Includes USD 1 bn (31 December 2021: USD 1 bn) of loans related to revolving multi- currency credit lines, where IBOR transition efforts are complete, except for USD LIBOR. Balances as of 31 December 2021 also include USD 37 bn USD LIBOR securities-based lending and USD 5 bn brokerage accounts, which for the most part transitioned to SOFR in January 2022. The remaining balances as of 31 December 2022 and 31 December 2021 primarily relate to US mortgages and corporate lending. 4 Relates primarily to CHF LIBOR mortgages, which have automatically transitioned to SARON on their first roll date in 2022. 5 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. 6 Relates to contracts that transitioned in January 2022. 7 Includes approximately 2,000 (31 December 2021: 1,000 ) contracts having a contractual maturity after 30 June 2023, with the last USD LIBOR fixing occurring before 30 June 2023. No further contractual fixing is required for these contracts. 8 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. 9 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. 10 Includes approximately USD 3 bn of loan commitments that can be drawn in different currencies, however only USD LIBOR transition efforts remain open, with completion scheduled for 2023. 11 Includes loan commitments that can be drawn in different currencies at the client‘s discretion, of which approximately USD 3 bn have only USD LIBOR exposure remaining and approximately USD 2 bn retain a non-USD LIBOR interest rate, 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 on or before 30 June 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	LIBOR benchmark rates 31.12.22 1 31.12.21 Measure USD USD CHF GBP EUR 2 JPY Carrying value of non -derivative financial instruments Total non-derivative financial assets USD m 14,269 3 65,234 3 21,616 4 45 5 1 0 Total non-derivative financial liabilities USD m 1,138 5 1,985 5 27 5 3 5 5 6 0 Trade count of derivative financial instruments Total derivative financial instruments Trade count 32,006 7 40,500 7,8 829 9 183 9 3,744 9 184 9 Off-balance sheet exposures Total irrevocable loan commitments USD m 4,606 10 11,863 11 0 0 0 0 1 As of 31 December 2022, non-USD balances and trade counts are minimal. 2 Relates primarily to EUR LIBOR positions. 3 Includes USD 1 bn (31 December 2021: USD 1 bn) of loans related to revolving multi- currency credit lines, where IBOR transition efforts are complete, except for USD LIBOR. Balances as of 31 December 2021 also include USD 37 bn USD LIBOR securities-based lending and USD 5 bn brokerage accounts, which for the most part transitioned to SOFR in January 2022. The remaining balances as of 31 December 2022 and 31 December 2021 primarily relate to US mortgages and corporate lending. 4 Relates primarily to CHF LIBOR mortgages, which have automatically transitioned to SARON on their first roll date in 2022. 5 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. 6 Relates to contracts that transitioned in January 2022. 7 Includes approximately 2,000 (31 December 2021: 1,000 ) contracts having a contractual maturity after 30 June 2023, with the last USD LIBOR fixing occurring before 30 June 2023. No further contractual fixing is required for these contracts. 8 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. 9 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. 10 Includes approximately USD 3 bn of loan commitments that can be drawn in different currencies, however only USD LIBOR transition efforts remain open, with completion scheduled for 2023. 11 Includes loan commitments that can be drawn in different currencies at the client‘s discretion, of which approximately USD 3 bn have only USD LIBOR exposure remaining and approximately USD 2 bn retain a non-USD LIBOR interest rate, 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 on or before 30 June 2023.