AFB Practice Workshop: Navigating the Regulatory Challenges of Basel 3.1

On 20 January 2026, the PRA published the final rules on Basel 3.1, which are applicable to all banks. They are due to come into force on 1 January 2027.

AFB will partner with EY LLP (previously known as Ernst & Young) for an in-person workshop to examine the key focus areas for banks when implementing the new rules.

The workshop will use case studies and group discussions to cover the key definitions, clarifications on eligibility criteria, data sourcing requirements and the implementation of the new FTRB requirements.

Why attend?

The Basel 3.1 final rules highlight changes in certain exposures within the Pillar 1 risks. As these changes will materially impact the banking portfolio, risk weighted assets and capital requirements, firms will need to consider the impact to systems, data sourcing, regulatory interpretations, calculations, and reporting.

Attendees will be provided with case studies to work through in smaller groups. The workshop aims to support regulatory readiness ahead of the implementation deadline by focusing on the following key areas:

• Definitions and eligibility criteria – interpretational insights to new exposure classes and sub-classes in Basel 3.1
• Data sourcing – understand the challenges and significance of quality data sourcing to meet the new requirements
• Upcoming FRTB rules – navigate system and infrastructure challenges and understand the significance of quality data sourcing to meet the new requirements

EY’s Prudential Regulatory team has extensive experience supporting financial institutions’ implement, review, and assure regulatory rules and reporting. Attendees will leave with an understanding of the rules and the implications of changes to their firm’s capital requirements and reporting framework.

Who should attend?

This seminar is aimed at senior team members from Finance, Operations and Risk teams (including those responsible for regulatory reporting). 

Speakers

Linesha Mandry

Linesha leads EY’s Prudential Regulatory Assurance and has over eighteen years’ experience in industry and with EY in capital and liquidity management and prudential regulation. Linesha also has significant experience supporting financial institutions uplift and remediate regulatory reporting errors, risk management frameworks, operating models, and controls.

James Bateman

James is partner in EY’s Prudential Regulatory Assurance practice and has over twenty years’ experience of auditing and advising banking and capital markets clients in both London and New York. In recent years, James has acted as skilled person on several regulatory reporting s166 reasonable assurance reviews and has significant experience providing assurance over prudential regulation requirements.

Logistics

Fee:           £275 + VAT

Format:     In-person at EY, 1 More London Place, London, SE1 2AF

Date:         Tuesday, 05 May 2026

Time:         09:00 – 11:00 (arrivals & breakfast from 08:30)

Places:       Maximum of 30 participants

If you would like to submit a question or have any specific areas that you would like the session to address, please send them to AFB at secretariat@foreignbanks.org.uk You will receive details on how to join this session a week before the event.

You will only be deemed to have attended (for CPD points) if you have made yourself known at registration and attend 50% or more of the session.

Please note that the cost charged for this event is payable to AFB. EY is not charging AFB or members for hosting this event.  The delegate fees received for this workshop are invested in the ongoing running and administration of AFB.