UBL5 is an atypical ubiquitin-like protein that adopts the ubiquitin beta-grasp fold yet lacks canonical conjugation activity, because its C-terminal di-tyrosine motif is embedded within the final beta-sheet rather than extending outward as in ubiquitin; it instead acts through non-covalent protein interactions, and binds specifically to the cyclin-like kinase CLK4 among the CLK family (PMID:12824502). In the nucleus it partially associates with Cajal bodies through a phosphorylation-independent physical interaction with the scaffold protein coilin (PMID:23726919), and it associates predominantly with spliceosomal proteins to support pre-mRNA splicing efficiency: its depletion causes global intron retention, which selectively downregulates the cohesion protection factor Sororin and thereby produces defective sister chromatid cohesion (PMID:25092792). Independently of its splicing role, UBL5 binds the Fanconi anemia factor FANCI and stabilizes the FANCI protein; separation-of-function mutants that selectively disrupt UBL5-FANCI binding compromise FANCI-FANCD2 heterodimerization, FANCD2/FANCI monoubiquitylation, and chromosome stability after DNA interstrand crosslink damage (PMID:25862789). UBL5 abundance and localization are also regulated by stress, undergoing nuclear export followed by proteasome-dependent, transcription-independent degradation under hypo-osmotic conditions (PMID:17026961).