Global Trustee and Fiduciary Services Bite-Sized Issue 8 2026

7 AIFMD CRYPTOASSETS EMIR FINTECH IOSCO MIFID II/MIFIR OPERATIONAL RESILIENCE SUSTAINABLE FINANCE/ESG T+1 ASIA PACIFIC EUROPE NORTH AMERICA UNITED KINGDOM Global Trustee and Fiduciary Services Bite-Sized | Issue 8 | 2026 Quick Links 4. Scale up the FCA’s AI Lab to support AI models and system innovation in financial services; 5. Enable the foundations for agentic finance; 6. Build and adopt an AI-enabled agentic supervisory model; and 7. Develop a trusted public-interest AI-enabled financial capability service. Link to The Mills Review here MAS Partners Industry to Develop Safeguards for AI Agents in Finance On 3 July 2026, the Monetary Authority of Singapore (MAS), together with leading financial institutions and FinTechs, published an industry white paper on developing safeguards for AI agents in Finance. Titled “Safeguards for Agentic Finance at Runtime (SAFR)”, the paper proposes an industry-developed framework that enables AI agents in financial services to carry out financial tasks safely, securely and reliably. SAFR is developed under MAS’ BuildFin.ai initiative, which supports the responsible development and deployment of AI solutions in the financial sector. MAS says the SAFR framework provides for a set of governance checkpoints that verifies and records an AI agent’s proposed actions before the execution of its tasks. SAFR builds on MAS’ Project Mindforge’s AI Risk Management toolkit, with a focus on how safeguards can be operationalised at the point of action for AI agents. The SAFR white paper sets out the direction for how these safeguards, including policy bound execution, real time validation, auditability and interoperability, can be embedded into system operations so that financial institutions can deploy AI agents with trust and consistency. MAS says that industry members have applied the SAFR framework across use cases, including: • Agent-assisted payments and treasury operations, where autonomous agents can execute routine transactions within predefined mandates, improving efficiency and reducing operational frictions; • Wealth management and advisory workflows, where AI agents review documents and generate structured assessments within narrowly scoped task boundaries, supporting faster and more consistent compliance review; and • Client engagement, where AI agents generate client insights and draft materials within approved content boundaries, enabling staff to engage clients more effectively and productively. MAS says that interested industry partners are invited to join the BuildFin.ai work group to contribute to and help shape subsequent iterations of SAFR. The Future of Finance Institute (FFI) will support future adoption of the SAFR framework through the facilitation of industry pilots and sandbox experimentation. This will help financial institutions to test and deploy SAFR-aligned solutions. Link to MAS Homepage here IOSCO IOSCO Announces Themes of the 10th Edition of World Investor Week On 22 July 2026, the International Organization of Securities Commissions (IOSCO) announced that its global campaign dedicated to promoting investor education and protection will take place from 5 to 11 October 2026 and will focus on Investor Resilience and Scams Awareness. IOSCO says the primary themes for WIW 2026 are Investor Resilience, Digital Deception, and Scam Alert, reflecting some of the most significant challenges facing investors today. Through the week-long campaign, IOSCO and participating organizations aim to encourage investors to make informed, fact-based decisions in changing market conditions, to critically assess investment- related content online and to remain alert against fraud and scams. These primary themes will be supported by complementary educational themes on Basics of Investing and Young Investors & Next Generation. WIW 2026 will be held under the campaign tagline: “Invest in Your Future. Protect It Today.” Link to Announcement here