Superseded versions of our GFS agreement

These are the superseded editions of our GFS Agreements. These no longer apply to new relationships, but may apply to existing ones. If you would like to upgrade to the current editions please let your regular UBS contact know. Comparisons between versions of the documents are available on request.

As always, you can access the current versions of the GFS agreements at www.ubs.com/gfsterms.

GFS General terms

Edition 1.0 August 2018(PDF, 380 KB). Superseded in September 2019 by Edition 1.1, September 2019. Summary of changes: Numerous adjustments and clarifications as a result of client negotiations over the year.

Edition 1.1 September 2019(PDF, 470 KB). Superseded in November 2021 by Edition 1.2, November 2021. Summary of changes: Revisions for regulatory margin, addition of intermediate call language, post-Brexit regulatory changes and numerous adjustments following client feedback and market developments.

Edition 1.2 December 2021(PDF, 389 KB). Superseded in October 2022 by Edition 1.3, October 2022. Summary of changes: Updated standard of conduct.

GFS ISDA terms

Edition 1.3 September 2021(PDF, 206 KB) Superseded in November 2023. Summary of changes: Ownership representations are now added.

Edition 1.4 November 2023(PDF, 565 KB) Superseded in March 2024. Summary of changes: ISDA 2021 Definitions used under the PRT instead of 2006, effective execution added for reporting purposes.