diff --git a/pallets/pallet-bonded-coins/src/lib.rs b/pallets/pallet-bonded-coins/src/lib.rs
index c88df826c..012c4f2c7 100644
--- a/pallets/pallet-bonded-coins/src/lib.rs
+++ b/pallets/pallet-bonded-coins/src/lib.rs
@@ -279,6 +279,12 @@ pub mod pallet {
 			id: T::PoolId,
 			manager: Option<T::AccountId>,
 		},
+		/// The asset managing team of a pool has been reset.
+		TeamChanged {
+			id: T::PoolId,
+			admin: T::AccountId,
+			freezer: T::AccountId,
+		},
 	}
 
 	#[pallet::error]
@@ -501,7 +507,7 @@ pub mod pallet {
 			ensure!(pool_details.is_manager(&who), Error::<T>::NoPermission);
 			ensure!(pool_details.state.is_live(), Error::<T>::PoolNotLive);
 
-			let pool_id_account = pool_id.into();
+			let pool_id_account = pool_id.clone().into();
 
 			let PoolManagingTeam { freezer, admin } = team;
 
@@ -513,7 +519,15 @@ pub mod pallet {
 					pool_id_account.clone(),
 					freezer.clone(),
 				)
-			})
+			})?;
+
+			Self::deposit_event(Event::TeamChanged {
+				id: pool_id,
+				admin,
+				freezer,
+			});
+
+			Ok(())
 		}
 
 		/// Resets the manager of a pool. The new manager will be set to the
diff --git a/pallets/pallet-bonded-coins/src/tests/transactions/reset_team.rs b/pallets/pallet-bonded-coins/src/tests/transactions/reset_team.rs
index e96fbca03..19ba1d990 100644
--- a/pallets/pallet-bonded-coins/src/tests/transactions/reset_team.rs
+++ b/pallets/pallet-bonded-coins/src/tests/transactions/reset_team.rs
@@ -22,7 +22,7 @@ use crate::{
 	mock::{runtime::*, *},
 	traits::ResetTeam,
 	types::{PoolManagingTeam, PoolStatus},
-	AccountIdOf, Error as BondingPalletErrors,
+	AccountIdOf, Error as BondingPalletErrors, Event,
 };
 
 #[test]
@@ -55,6 +55,16 @@ fn resets_team() {
 				1
 			));
 
+			// Ensure the event is emitted
+			System::assert_has_event(
+				Event::TeamChanged {
+					id: pool_id.clone(),
+					admin: ACCOUNT_00,
+					freezer: ACCOUNT_01,
+				}
+				.into(),
+			);
+
 			assert_eq!(Assets::admin(DEFAULT_BONDED_CURRENCY_ID), Some(ACCOUNT_00));
 			assert_eq!(Assets::freezer(DEFAULT_BONDED_CURRENCY_ID), Some(ACCOUNT_01));
 			assert_eq!(Assets::owner(DEFAULT_BONDED_CURRENCY_ID), Some(pool_id.clone()));
@@ -106,6 +116,16 @@ fn resets_owner_if_changed() {
 				1
 			));
 
+			// Ensure the event is emitted
+			System::assert_has_event(
+				Event::TeamChanged {
+					id: pool_id.clone(),
+					admin: pool_id.clone(),
+					freezer: pool_id.clone(),
+				}
+				.into(),
+			);
+
 			assert_eq!(Assets::admin(DEFAULT_BONDED_CURRENCY_ID), Some(pool_id.clone()));
 			assert_eq!(Assets::freezer(DEFAULT_BONDED_CURRENCY_ID), Some(pool_id.clone()));
 			assert_eq!(Assets::owner(DEFAULT_BONDED_CURRENCY_ID), Some(pool_id.clone()));
@@ -145,6 +165,16 @@ fn resets_team_for_all() {
 				2
 			));
 
+			// Ensure the event is emitted
+			System::assert_has_event(
+				Event::TeamChanged {
+					id: pool_id.clone(),
+					admin: ACCOUNT_00,
+					freezer: ACCOUNT_01,
+				}
+				.into(),
+			);
+
 			assert_eq!(Assets::admin(currencies[0]), Some(ACCOUNT_00));
 			assert_eq!(Assets::freezer(currencies[0]), Some(ACCOUNT_01));
 			assert_eq!(Assets::owner(currencies[0]), Some(pool_id.clone()));