AFB Practice Roundtable: How Should Internal Audit Teams Undertake Audits of the UK’s Operational Resilience Requirements

This practice roundtable discussion, facilitated by EY, will provide an opportunity for audit teams at AFB members to review and assess how their firms met the Prudential Regulation Authority and Financial Conduct Authority’s operational resilience requirements, following the implementation deadline of 31 March 2025.

Why attend?

The roundtable will consider how internal audit teams should approach the audit process of the implementation of operational resilience requirements. The discussion will focus on the key challenges and issues that internal audit faced/are facing post-implementation.

Join your peers and hear from industry experts at EY, as we look at the implementation of the requirements. Attendees will be invited to share their perspectives, draw upon the points raised and pose questions to the team at EY and each other.

AFB will circulate an agenda and a series of questions in advance to those registered to attend. This will be used to guide the discussion.

There will be refreshments and networking from 15:30 before the roundtable discussion starts at 16:00.

Who should attend?

This roundtable is aimed at senior members of internal audit teams, specifically those responsible for meeting/supporting operational resilience requirements.

Facilitators

Saheet Gohil, Partner – Financial Services Risk and Regulatory Advisory

Saheet has over 24 years of experience within the Financial Services Sector. He leads EY’s Financial Services UK Corporate Reform team (including UK SOX) and provides insights to Boards on how the industry is responding to the latest requirements. A senior client handler, working with Boards, Audit Committees and Senior Executives, he has a strong track record of working cross-border with complex Global Financial organisations and UK headquartered organisations. He has held the role of Global Head of Audit for Finance and Risk.

Saheet re-joined EY, having held global head of audit roles within a Global Systemically Important (GSIB) SEC registered UK bank. He works with a variety of Financial Service organisations, including Global Banks, Insurers and Asset Management. Saheet supports banks to implement Sox at both the outset in early 2000’s, and subsequent enhancements.

Will Packard, Director – Financial Services Cyber and Resilience

Will’s main focus is helping financial services organisations embed operational resilience into their day-to-day activities. Prior to his career in consulting, Will worked for 22 years at a global bank, the majority of which was spent as a front office Chief Operating Officer (COO). He finished up as Chief of Staff to the UK CEO. Will helps financial services clients prepare for and respond to the crises and disruption they face.

Pranathi Praveen, Senior Manager – Cyber & Resilience, Financial Services Consulting

Pranathi is a Senior Manager in EY’s FS Consulting practice with extensive experience working with clients and industry bodies across the financial services sector on Operational Resilience. She is a key member of EY’s Operational Resilience Solution team, working with clients and industry bodies to shape the sector’s response, build forward looking solutions and embed resilience by design.​ She also currently leads our EMEIA Financial Services DORA Centre of Excellence.

Logistics

Fee:           Included in AFB membership

Location:    EY, Canary Wharf, 25 Churchill Place, E14 5EY

Date           Wednesday 18 June 2025

Time:          16:00 – 17:30 (arrival/ refreshments from 15:30)

Capacity:   30 members, one person per member bank

If you would like to submit any questions that you would like the session to address, please send them to AFB at secretariat@foreignbanks.org.uk You will receive final event details a week before the event.