AFB Practice Workshop: Implementation of the new Climate Financial Risk Requirements of PRA Supervisory Statement 5/25

In advance of the 3 June 2026 deadline for firms to carry out an internal review of their climate risk framework against the new expectations set out in SS 5/25, members are invited to join a practice workshop, facilitated by BDO.

The workshop will run through two case studies to explore the implementation of controls to manage climate-related risks so that firms can meet the new requirements. Attendees will learn how to undertake a high-level gap analysis, discuss standard methodologies, explore potential pitfalls, and consider how to make changes to their climate risk framework.  The session will also outline the expected areas of focus by the PRA (as set out in Policy Statement 5/25) when they undertake supervisory reviews of climate risk gap analysis and action plans.

Why attend?

The workshop will:

• identify the new SS 5/25 requirements that need to be implemented  
• show how to perform a basic gap analysis to identify controls that need to be improved
• discuss the key things to consider when assessing climate-related financial risk
• explore the calibration and design of climate scenario analysis, and its proportionality, applicability and limitations
• consider the use of narrative-based versus mathematically sophisticated scenarios, appropriate time horizons, and use cases. 

Who should attend?

The session will be of interest to Chief ESG/ Sustainability Officers, Heads of Sustainability and/or individuals with climate and sustainability-related responsibilities in the Risk, Compliance, and Internal Audit functions.

Facilitators

The session will be hosted by ESG, climate risk, and modelling specialists from BDO.

Sasha Molodtsov, Partner

Sasha has significant experience of delivering ESG engagements to banks, asset managers and insurers. This experience allows Sasha to share industry insights and market best practice with clients. She also leads the Diversity & Inclusion (D&I) advisory team in BDO’s Financial Service’s Advisory practice.

Gloria Perez Torres, Associate Director

Gloria is an Associate Director in BDO’s Financial Services Advisory practice. Gloria has experience in providing assurance and regulatory advisory services on a broad range of ESG, climate risk and sustainability topics to financial services clients in the banking, investments and insurance sectors.

Shan Jiang, Manager

Shan specialises in developing and validating climate risk stress testing models for banking retail and wholesale portfolios, including climate risk assessment, scenario generation and data solutions. She also has extensive expertise in credit, which covers model development and validation for IFRS9 models, AIRB models, and stress testing models, ICAAP and Pillar 2 risk calculation.

Logistics

Format:   In-person at BDO, 55 Baker Street, London, W1U 7EU

Fee:         £275 + VAT

Date:       Tuesday 24 February 2026

Time:       08:30 – 11:00 (Registration and breakfast from 08:30-08:50)

Places:     Maximum of 30 people

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 the AFB at secretariat@foreignbanks.org.uk. You will receive final event details one week before the event.

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