Information about how we handle and manage your credit information and credit eligibility information in respect of individuals is set out in our credit reporting policy.
Our Statement of Notifiable Matters in accordance with paragraph 4.2 of the Credit Reporting Privacy Code is located here.
UBS Investment Bank in Australia: The materials on the UBS Website are distributed in Australia by UBS AG - ABN 47 088 129 613 (Holder of Australian Financial Services Licence No. 231087) and UBS Securities Australia Limited - ABN 62 008 586 481 (Holder of Australian Financial Services Licence No. 231098).
UBS Asset Management in Australia : The materials on the UBS Website are distributed in Australia by UBS Asset Management (Australia) Ltd - ABN 31 003 146 290 (Holder of Australian Financial Services Licence No. 222605).
UBS AG, Australia Branch is a foreign Authorised Deposit-taking Institution ("foreign ADI") under the Banking Act 1959 (Cth), and is supervised by the Australian Prudential Regulation Authority. However, it is important for you to note that should you make a deposit with UBS AG, Australia Branch in connection with the services UBS AG, Australia Branch provides you, provisions of the Banking Act 1959 (Cth) for the protection of depositors generally do not apply to foreign ADI's including UBS AG, Australia Branch. For example, depositors with foreign ADIs do not receive the benefit of the following protections:
- Deposits are not covered by the financial claims scheme and are not guaranteed by the Australian Government;
- Deposits do not receive priority ahead of amounts owed to other creditors. This means that if a foreign ADI was unable to meet its obligations or otherwise is in financial difficulties and ceases to make payments, its depositors in Australia would not receive priority for repayment of their deposits from the foreign ADI's assets in Australia;
- A foreign ADI is not required to hold assets in Australia to cover its deposit liabilities in Australia. This means that if the foreign ADI were unable to meet its obligations or otherwise is in financial difficulties and ceases to make payments, it is uncertain whether depositors would be able to access the full amount of their deposit.