Global Trustee and Fiduciary Services Bite-Sized Issue 10 2026

10 AIFMD CRYPTOASSETS FINTECH FUND LIQUIDITY OPERATIONAL RESILIENCE SUSTAINABLE FINANCE/ ESG T+1 ASIA PACIFIC EUROPE NORTH AMERICA UNITED KINGDOM Global Trustee and Fiduciary Services Bite-Sized | Issue 10 | 2026 Quick Links TNFD Publishes 2026 Status Report On 21 September 2026, the Taskforce on Nature-related Financial Disclosures (TNFD) released its 2026 Status Report, revealing significant growth in nature-related assessment and reporting across global markets. The TNFD says this year’s report draws on the views of more than 500 market participants surveyed over July and August 2026, as well as artificial intelligence (AI)-enabled analysis of corporate reporting triangulated with data and analysis from leading market data service providers. The TNFD says that the report findings point to a market that is moving beyond early adoption and continuing to build capability, increase reporting activity and seek greater consistency and certainty from the evolving standards and regulatory landscape. Over 70% of survey respondents – across report preparers and investors as report users – want the certainty and consistency of mandatory reporting standards. Over 50% of investors want those reporting requirements aligned to Target 15 of the Kunming-Montreal Global Biodiversity Framework and 75% of investors value a combination of cross-sector and sector-specific metrics to support their decision making. Key findings from the 2026 Status Report • Over 1,000 organisations across 56 countries or areas have published first-, second- or third- generation TNFD-aligned reports, a 100% increase in the number identified in 2025. • Average disclosure per organisation declined slightly but remained above 8 out of the 14 TNFD recommended disclosures. The volume of disclosure increases with each successive year of TNFD-aligned reporting. • 802 organisations have committed to making disclosures aligned with the TNFD recommendations. Among them are financial institutions representing USD 26.6 trillion in AUM. • 100%of investors surveyed expressed concern about the effects of nature loss on financial markets and 59% ranked nature among their organisation’s threemost important sustainability topics. • More than 70% of survey respondents support greater certainty through mandatory nature- related reporting requirements, with a preference for standards to be introduced in the next one to three years. • 76% of respondents have conducted or are currently undertaking a LEAP assessment, signalling growing maturity in nature-related assessment practices. • 56% of investors are already exploring or deploying capital into nature-related investment opportunities and 74% expect a significant 2x-5x increase in financing of nature-related opportunities in the next five years. • 74% of investors believe cross-sector metrics are important alongside sector-specific metrics. • The TNFD’s 14 recommended metrics covering dependencies, impacts, risks and opportunities are seen as decision-useful by investors and broadly feasible to report by report preparers, with the exception of pollution-related metrics. • Approximately 50% of survey respondents reported only limited prior engagement with the TNFD, suggesting a broader read on market sentiment than just those already advanced on nature-related assessment and reporting. Link to 2026 Status Report here Link to the Kunming-Montreal Global Biodiversity Framework here ASIC Observes Improved Sustainability Reporting and Notes Areas for Further Development On 21 September 2026, the Australian Securities and Investments Commission (ASIC) published its review of sustainability reports lodged for 31 December 2025. ASIC says that it has observed that the quality, quantity, and consistency of climate-related financial information in the market has increased with the introduction of statutory sustainability reporting requirements.