diff --git a/src/core/hle/kernel/event.cpp b/src/core/hle/kernel/event.cpp
index 1489c7002..eac2dfa8b 100644
--- a/src/core/hle/kernel/event.cpp
+++ b/src/core/hle/kernel/event.cpp
@@ -3,15 +3,23 @@
 // Refer to the license.txt file included.
 
 #include <algorithm>
+#include <cinttypes>
 #include <map>
 #include <vector>
 #include "common/assert.h"
+#include "core/core_timing.h"
 #include "core/hle/kernel/event.h"
 #include "core/hle/kernel/kernel.h"
 #include "core/hle/kernel/thread.h"
 
 namespace Kernel {
 
+/// The event type of the generic event callback
+static int event_callback_event_type;
+// TODO(yuriks): This can be removed if Event objects are explicitly pooled in the future, allowing
+//               us to simply use a pool index or similar.
+static Kernel::HandleTable event_callback_handle_table;
+
 Event::Event() {}
 Event::~Event() {}
 
@@ -21,6 +29,7 @@ SharedPtr<Event> Event::Create(ResetType reset_type, std::string name) {
     evt->signaled = false;
     evt->reset_type = reset_type;
     evt->name = std::move(name);
+    evt->callback_handle = event_callback_handle_table.Create(evt).MoveFrom();
 
     return evt;
 }
@@ -37,6 +46,16 @@ void Event::Acquire() {
         signaled = false;
 }
 
+void Event::Delay(u64 delay) {
+    // Ensure we get rid of any previous scheduled event
+    Cancel();
+
+    u64 microseconds = delay / 1000;
+    CoreTiming::ScheduleEvent(usToCycles(microseconds), event_callback_event_type, callback_handle);
+
+    HLE::Reschedule(__func__);
+}
+
 void Event::Signal() {
     signaled = true;
     WakeupAllWaitingThreads();
@@ -46,4 +65,35 @@ void Event::Clear() {
     signaled = false;
 }
 
+void Event::Cancel() {
+    CoreTiming::UnscheduleEvent(event_callback_event_type, callback_handle);
+
+    HLE::Reschedule(__func__);
+}
+
+/// The event callback event
+static void EventCallback(u64 event_handle, int /*cycles_late*/) {
+    SharedPtr<Event> event =
+        event_callback_handle_table.Get<Event>(static_cast<Handle>(event_handle));
+
+    if (event == nullptr) {
+        LOG_CRITICAL(Kernel, "Callback fired for invalid event %08" PRIx64, event_handle);
+        return;
+    }
+
+    LOG_TRACE(Kernel, "Event %08" PRIx64 " signaled", event_handle);
+
+    event->signaled = true;
+
+    // Resume all waiting threads
+    event->WakeupAllWaitingThreads();
+}
+
+void EventsInit() {
+    event_callback_handle_table.Clear();
+    event_callback_event_type = CoreTiming::RegisterEvent("EventCallback", EventCallback);
+}
+
+void EventsShutdown() {}
+
 } // namespace
diff --git a/src/core/hle/kernel/event.h b/src/core/hle/kernel/event.h
index 8dcd23edb..bc5f3b46f 100644
--- a/src/core/hle/kernel/event.h
+++ b/src/core/hle/kernel/event.h
@@ -38,12 +38,22 @@ public:
     bool ShouldWait() override;
     void Acquire() override;
 
+    void Delay(u64 delay);
     void Signal();
     void Clear();
+    void Cancel();
 
 private:
     Event();
     ~Event() override;
+
+    /// Handle used as userdata to reference this object when inserting into the CoreTiming queue.
+    Handle callback_handle;
 };
 
+/// Initializes the required variables for events
+void EventsInit();
+/// Tears down the event variables
+void EventsShutdown();
+
 } // namespace
diff --git a/src/core/hle/kernel/kernel.cpp b/src/core/hle/kernel/kernel.cpp
index 9e1795927..118a4b74f 100644
--- a/src/core/hle/kernel/kernel.cpp
+++ b/src/core/hle/kernel/kernel.cpp
@@ -6,6 +6,7 @@
 #include "common/assert.h"
 #include "common/logging/log.h"
 #include "core/hle/config_mem.h"
+#include "core/hle/kernel/event.h"
 #include "core/hle/kernel/kernel.h"
 #include "core/hle/kernel/memory.h"
 #include "core/hle/kernel/process.h"
@@ -135,6 +136,7 @@ void Init() {
     Kernel::ResourceLimitsInit();
     Kernel::ThreadingInit();
     Kernel::TimersInit();
+    Kernel::EventsInit();
 
     Object::next_object_id = 0;
     // TODO(Subv): Start the process ids from 10 for now, as lower PIDs are
@@ -149,6 +151,7 @@ void Shutdown() {
     Kernel::ThreadingShutdown();
     g_current_process = nullptr;
 
+    Kernel::EventsShutdown();
     Kernel::TimersShutdown();
     Kernel::ResourceLimitsShutdown();
     Kernel::MemoryShutdown();
diff --git a/src/core/hle/service/y2r_u.cpp b/src/core/hle/service/y2r_u.cpp
index 097e09d28..8ef4ffcca 100644
--- a/src/core/hle/service/y2r_u.cpp
+++ b/src/core/hle/service/y2r_u.cpp
@@ -247,7 +247,7 @@ static void SetTransferEndInterrupt(Service::Interface* self) {
     cmd_buff[0] = IPC::MakeHeader(0xD, 1, 0);
     cmd_buff[1] = RESULT_SUCCESS.raw;
 
-    LOG_WARNING(Service_Y2R, "(STUBBED) called");
+    LOG_WARNING(Service_Y2R, "(STUBBED) called, enabled = %u", transfer_end_interrupt_enabled);
 }
 
 /**
@@ -591,7 +591,7 @@ static void StartConversion(Service::Interface* self) {
 
     HW::Y2R::PerformConversion(conversion);
 
-    completion_event->Signal();
+    completion_event->Delay(1000);
 
     cmd_buff[0] = IPC::MakeHeader(0x26, 1, 0);
     cmd_buff[1] = RESULT_SUCCESS.raw;