Annual Report 2023

5.5.3. Provisions for legal risk regarding foreign currency mortgage loans in CHF

As at 31 December 2023 the Group assessed the probability of the impact of legal risk regarding foreign currency mortgage loans in CHF on the expected cash outflows resulting from this risk

Key elements of the estimate include:

  1. a forecast of the number of disputes,
  2. expected decisions/rulings of the courts,
  3. customers’ willingness to conclude settlements with the Bank.

Details on the main assumptions used to estimate the provisions for legal risk regarding foreign currency mortgage loans in CHF are presented in the Note 46.3.

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