AFB Seminar: What are the Optimal Booking Models for International Banks operating in the UK

This in-person seminar will be presented by members of the regulatory team at Norton Rose Fulbright. They will explain how non‑UK headquartered banks should structure their booking models when providing services to their clients in the UK market.

Why attend?

During the seminar, Norton Rose will consider entity structures and how they interact with booking models and the management of risk. 

In particular, they will:

• examine how firms typically organise booking models (including booking split models) after looking at entity structures, geographical and resourcing considerations and how financial contracts and products can be grouped together effectively.
• consider how inherent risk is managed and controlled with the various financial contracts and risk management in relation to trading book and banking book models.
• outline how international banks approach allocation and activities for key Senior Manager functions, their expected activities and location considerations.
• discuss UK branch structures and their governance considerations, as well as the impact of UK economic policy and wider international macroeconomic themes and trends.
• share their understanding of recent feedback from the regulators and the likely future focus areas after the publication of the updated SS5/21 by the PRA.

Who should attend?

This session is aimed at those working in Compliance and Risk.

 Speakers

Haney Saadah is the Managing Director of Risk Consulting for Europe, Middle East and Asia based in London.

Haney has extensive experience in the delivery of highly technical programs of work in broad areas of risk, including regulatory, governance and operational, conduct and reputational risk along with specific advice on more general regulatory advisory topics and interventions. He has worked in and across all the key global financial hubs with a variety of financial services providers, from capital markets firms and asset managers through to a range of commercial banks, payments firms and technology suppliers, along with regulators and governments.

Jonathan Herbst is a financial services law and regulation lawyer based in London and is the global head of financial services regulation.

Jonathan is a leading practitioner in the field of financial services law and regulation, and advises a broad range of clients based in the UK and globally. He is recognized for his extensive and significant experience in bank structuring and advisory work. In particular, he has advised a number of banks on their documentation and systems and controls projects to implement the Senior Managers Regime. 

Please note you will receive a confirmation of your booking via email within 24 hours. Should you not receive a confirmation, please contact AFB to double check if your booking was successful.

Logistics

Cost:        Included in AFB membership (no fee)

Location: 3 More London Riverside, SE1 2AQ

Date:        Wednesday 21 January 2026

Time:       15:30 – 17:30 (registration & refreshments from 15:30 – 16.00)

                 Norton Rose Fulbright will kindly be hosting drinks and canapes from 17:30

There will be ample opportunity for questions throughout the seminar. However, if you would like to submit a question in advance or have any specific questions or areas that you would like the session to address, please send them to AFB at secretariat@foreignbanks.org.uk as soon as practicable. You will receive details on how to join this in-person session a week before the event.