{
  "docId": "019dd923-5e88-73ef-bd57-fcc3cf532e42",
  "docSlug": "72c67d77b7b29fa0",
  "documentTitle": "ubs best of switzerland conference presentation",
  "authorId": "UBS",
  "authorName": "UBS",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "portrait",
  "aspectRatio": 0.707,
  "pageNumber": 120,
  "pageCount": 446,
  "prevPage": 119,
  "nextPage": 121,
  "slideType": "appendix_disclosure",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 0,
  "notes": "Page 114 of a financial report.",
  "elementsJson": [
    "bullet_list",
    "paragraph"
  ],
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd57-fcc3cf532e42/120",
  "deckHref": "/decks/019dd923-5e88-73ef-bd57-fcc3cf532e42",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd57-fcc3cf532e42.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd57-fcc3cf532e42#slide-120",
  "components": [
    {
      "bbox": {
        "h": 0.2,
        "w": 0.4,
        "x": 0.51,
        "y": 0.42
      },
      "kind": "list",
      "text": "Refer to \"Note 1 Summary of material accounting policies\" in the \"Consolidated financial statements\" section of this report for more information about our accounting policy for allowances and provisions for ECL\nRefer to \"Note 9 Financial assets at amortized cost and other positions in scope of expected credit loss measurement\" and \"Note 20 Expected credit loss measurement\" in the \"Consolidated financial statements\" section of this report for more information about ECL measurement requirements under IFRS\nRefer to \"Note 14a Other financial assets measured at amortized cost\" in the \"Consolidated financial statements\" section of this report for more details",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3122ad52-861c-4ec5-90d8-b5f0c94d7a1c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.4,
        "x": 0.07,
        "y": 0.13
      },
      "kind": "list",
      "text": "Credit risk from transactions with individual counterparties is based on our estimates of probability of default (PD), exposure at default (EAD) and loss given default (LGD). Limits are established for individual counterparties and groups of related counterparties covering banking and traded products, and for settlement amounts. Risk authorities are approved by the BoD and are delegated to the Group CEO, the Group CRO and divisional CROs, based on risk exposure amounts, internal credit rating and potential for losses. Limits apply not only to the current outstanding amount but also to contingent commitments and the potential future exposure of traded products. The Investment Bank monitoring, measurement and limit framework distinguishes between exposures intended to be held to maturity (take-and-hold exposures) and those intended for distribution or risk transfer (temporary exposures). We use models to derive portfolio credit risk measures of expected loss, statistical loss and stress loss at Group-wide and business division levels, and to establish portfolio limits. Credit risk concentrations can arise if clients are engaged in similar activities, located in the same geographical region or have comparable economic characteristics, e.g., if their ability to meet contractual obligations would be similarly affected by changes in economic, political or other conditions. To avoid credit risk concentrations, we establish limits / operational controls that constrain risk concentrations at portfolio and sub-portfolio levels for sector exposure, country risk and specific product exposures.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cd22cc03-8607-4126-9f60-e4566697b849",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.4,
        "x": 0.51,
        "y": 0.32
      },
      "kind": "paragraph",
      "text": "Breakdowns of banking products exposures in the \"Banking and traded products exposure in our business divisions and Group Functions\" table on the next page reflect the total exposures within the scope of ECL requirements and are gross before allowances and provisions for ECL and credit hedges. Guarantees and loan commitments are shown on a notional basis, without applying credit conversion factors.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1eaf0195-2d41-41a1-ae52-4dcce4f95cd8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.4,
        "x": 0.51,
        "y": 0.12
      },
      "kind": "paragraph",
      "text": "The exposures detailed in this section are based on management's view of credit risk, which differs in certain respects from the expected credit loss (ECL) measurement requirements of IFRS. Internally, we put credit risk exposures into two broad categories: banking products and traded products. Banking products include drawn loans, guarantees and loan commitments, amounts due from banks, balances at central banks, and other financial assets at amortized cost. Traded products include over-the-counter (OTC) derivatives, exchange-traded derivatives (ETDs) and securities financing transactions (SFTs), consisting of securities borrowing and lending, and repurchase and reverse repurchase agreements.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e206b728-8832-4f25-bff8-23e5bab2185c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.6,
        "x": 0.07,
        "y": 0.03
      },
      "kind": "title",
      "text": "Risk, capital, liquidity and funding, and balance sheet | Risk management and control",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a7893832-fd55-41f4-935f-6139c5a71a91",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.15,
        "x": 0.51,
        "y": 0.29
      },
      "kind": "title",
      "text": "Banking products",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6331d9d7-e2a0-40ad-a91e-f812092ad1c7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.4,
        "x": 0.07,
        "y": 0.09
      },
      "kind": "title",
      "text": "Overview of measurement, monitoring and management techniques",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f2694488-7429-41f7-87e6-d917597e0e2a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.25,
        "x": 0.51,
        "y": 0.09
      },
      "kind": "title",
      "text": "Credit risk profile of the Group",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f2bd6298-5a08-4d5f-84c1-649e1a557cd8",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 446,
      "from": 81,
      "beatId": "0b1398a4-916e-492f-856a-8d8a0f442792",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Action",
      "beatSlug": "monroes-sequence-action",
      "evidence": "The document concludes with detailed financial and operating performance data, and risk management information.",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}