“Current & Emerging Fiduciary Risks”
Full-Day Webinar

AGENDA
Wednesday, October 21, 2026
All times are Eastern

9:55 to 10:00am
Welcome and Introduction
Hale Mast, FIRMA

10:00 to 11:00am
Regulator Panel
Michael Rea, OCC
Jamie Bazarow, FRB St. Louis
Cynthia Keil, FDIC

This regulator panel discusses the 2026-2027 supervisory landscape, highlighting key examination priorities, emerging risks, and evolving expectations for governance and oversight.  Panelists will share themes and lessons learned from recent inspections to help organizations prepare for regulator examinations.

Attendees will be able to identify key supervisory priorities and their impact across lines of defense; analyze emerging regulatory themes to align risk and compliance coverage with examiner expectations, and apply lessons from recent exams to identify and address potential compliance gaps.

11:30am to 12:30pm
Tokenization Advancements Leading to New Ways of Doing Business
Mike Tropeano, FI-TEK

This session reviews where tokenization stands today across wealth management.   We will review the current state of tokenized money market funds and the plans for DTCC.  We will also review how the regulatory frameworks now taking shape around stablecoins and market structure. We will review:

• What is operational now
• What is next
• How investment, operations, and compliance teams need to prepare for over the next 12–24 months

 By the end of this session, participants will be able to:

1. Distinguish live tokenization use cases from pilot-stage initiatives and assess where near-term adoption is warranted.
2. Summarize the current regulatory landscape, including stablecoin legislation and market structure developments
3. Identify the custody, settlement, and reconciliation changes required to support tokenized assets operationally
4. Assess the risk considerations and competitive implications of tokenization for wealth management

 

12:30 to 1:15pm -- Lunch

1:15 to 2:15pm
First Line Governance and Controls
Jayson Lashin, JPMorgan Chase

This session is a practical walkthrough of what “good first line governance” looks like in a fiduciary business—how to set teams up for success through clear understanding of the business, the right talent in each role, and the importance of culture.  We’ll also cover the operating enablers that make governance stick day-to-day, by leveraging critical functions, controls and technology, including AI, plus the role of forums and committees.

2:45 to 3:45pm
Fraud Awareness, Identification, and Control
Alicia Thomas, BOK

Fiduciary organizations face fraud risks from both internal and external sources. While trust officers, administrators, and fiduciary professionals are entrusted with significant authority over client assets, fraud can occur when that authority is abused or when external actors exploit trusted relationships and control weaknesses to gain access to client funds.

Through a review of actual fraud cases, this session will examine how fraud occurs within fiduciary environments, the indicators that frequently emerge before losses occur, and the controls that may prevent or detect misconduct. Attendees will explore common control breakdowns, governance challenges, and practical lessons that can be applied within personal trust, estate, guardianship, agency, and other fiduciary activities. 

Participants will leave with a framework for improving fraud awareness, strengthening fraud identification efforts, and assessing whether existing controls adequately address the risks facing fiduciary organizations today.

By the end of this session, participants will be able to:

• Identify common internal and external fraud risks that may impact fiduciary organizations and fiduciary account administration.
• Recognize behavioral, transactional, and relationship-based indicators that often precede fiduciary fraud events.
• Analyze actual fiduciary fraud cases to determine how authority, trust, and control weaknesses contributed to losses.
• Evaluate whether existing governance, monitoring, authentication, and oversight practices effectively address fiduciary fraud risk.
• Apply practical control enhancements designed to prevent, detect, or escalate suspected fraud within fiduciary activities.

4:15 to 5:15pm
Conflicts of Interest
Patrick Alyward, TRUSTworthy Consultants, LLC
Kim Breithaupt, KBR Consulting

This session provides an overview of the challenges fiduciary institutions face when navigating actual, potential, and perceived conflicts of interest and the risks these situations can create for both the organization and its clients. Attendees will learn how to recognize common conflicts of interest within trust and wealth management activities, evaluate and mitigate potential conflict situations, and determine when disclosure, escalation, or other action may be appropriate. The session will also address regulatory expectations, fiduciary responsibilities, and industry best practices for identifying, managing, and reporting conflicts of interest.

Learning Objectives:

• Define fiduciary ethics and conflicts of interest
• Review regulatory and legal guidance
• Describe types, risks, mitigation tactics, and reporting for ethical dilemmas and conflicts of interest
• Review conflict of interest scenarios
• Wrap-Up and questions

5:15pm  Adjourn

We hope that you will take advantage of this cost-benefit opportunity to participate in our valuable non-travel education programs. FIRMA members enjoy discounted registration pricing for each of our webinars in 2026.

NOTE:  FIRMA encourages you to extend a special invitation to your organization's Business First Line; Fiduciary Counsel, Fiduciary Audit, Compliance and Risk; and Operational Business Line professionals to attend this timely, informative Webinar.

DELIVERY METHOD: Group-Internet Based Training, including interactive Q&A. Presented through the Zoom virtual platform. This session will be recorded for playback for registered attendees.
NASBA Fields of Study: Specialized Knowledge (1.2 CPEs) and Regulatory Ethics (4.8 CPEs)
PROGRAM KNOWLEDGE LEVEL: Intermediate
PREREQUISITES and ADVANCED PREPARATION:  None

CONTINUING EDUCATION CREDITS (CEs):
Certified FIRMA Members and Cannon CFIRS®, CCTP™, CRPP™, AFIM®, CTOP®, CTA, and CTCP Professionals are pre-approved for 5.0 CEs for this Virtual Seminar. The ABA has pre-approved the following CEs: CTFA 6.0, CRSP 2.5, and CISP 1.25. NASBA has approved 6.0 Group-Internet Based credits. Check with your credentials provider for specific applicability. 

The Fiduciary and Investment Risk Management Association, Inc.™ (FIRMA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBAregistry.org.

REGISTRATION FEES

Individual Registrations
FIRMA Member Price: $550.00
Non-Member Price: $850.00

Group Registrations (minimum of 3 attendees from the same organization) **
FIRMA Member: $425.00 per person
Non-Member: $700.00 per person
**Before registering as a Group attendee, please verify with your company that at least 3 employees from your organization will be attending. We can no longer provide a single invoice for Group registrations. Each attendee must pay online individually for their registration, or submit their invoice to their organization if paying with one check or credit card. 

REGISTRATION DEADLINE IS OCTOBER 14TH

CANCELLATION/REFUND and COMPLAINT RESOLUTION POLICY
Cancellations received through October 14, 2026 will be refunded less a $75 service charge. Cancellations made after October 14th are non-refundable. Written notification is required to process any cancellation or refund. 

FIRMA reserves the right to change speakers or reschedule or cancel sessions when necessary.  For more information regarding seminar administrative policies such as complaint or refund, please contact our offices at 770-790-8355.

REGISTER NOW