Global Trustee and Fiduciary Services Bite-Sized Issue 9 2026

11 AI CRYPTOASSETS EMIR FINTECH FUND LIQUIDITY OPERATIONAL RESILIENCE RETAIL INVESTMENT STRATEGY T+1 ASIA PACIFIC AUSTRALIA EUROPE NORTH AMERICA UNITED KINGDOM Global Trustee and Fiduciary Services Bite-Sized | Issue 9 | 2026 Quick Links AUSTRALIA ASIC Sets out its Corporate Plan for 2026-27 On 26 August 2026, the Australian Securities and Investments Commission (ASIC) published its Corporate Plan for 2026-27, setting out how it will be easier to deal with for businesses trying to comply with the law, and harder to avoid for those causing harm. In its latest Corporate Plan, ASIC outlines its priorities for the year ahead, with a focus on protecting consumers and small businesses, supporting responsible innovation, reducing unnecessary regulatory burden and strengthening confidence in Australia’s financial system. ASIC says that its consumer protection work will focus on areas where harm can spread quickly or have lasting consequences, including scams and debt collection, and new work across insurance claims intermediaries in disaster-affected communities, buy now pay later and superannuation advice fee deductions. ASIC says that it will also lift its focus on artificial intelligence (AI), including how banks use AI in customer-facing services, how AI may affect consumers and investors, and how AI-driven manipulation, deepfakes and misinformation could affect market integrity. ASIC states that the plan also commits it to reducing unnecessary regulatory burden, including through simpler guidance and instruments, better digital services, more efficient licensing processes and closer coordination with other regulators on data collection. ASIC says it will also strengthen its supervision of managed investment schemes, continue work to improve market integrity across public and private markets, support responsible digital finance and innovation, and build its own data, intelligence, AI and cyber capabilities. Link to ASIC Corporate Plan 2026-27 here Link to Keynote Address – ‘Easier to deal with, harder to avoid’ - by ASIC Chair Sarah Court at the Committee for Economic Development of Australia (26 August 2026) here EUROPE ESMA Confirms Go-live for Weekly Commodity Derivatives Position Reporting On 14 August 2026, the European Securities and Markets Authority (ESMA) announced that the new weekly commodity derivatives position reporting framework will go live on 3 September 2026. ESMA says that from this date, market participants will be required to submit weekly position reports in accordance with the updated requirements, technical specifications and validation rules introduced by XML schema version v2.0. Following its original announcement and the decision to postpone the rollout, ESMA says that additional time has been dedicated to technical and operational preparations to support a smooth transition to the new reporting arrangements. ESMA states that the updated technical documentation (reporting instructions and XML schema) is now available to support market participants in completing their implementation activities. Link to ESMA Press Release here