KYE Sector Pack Foundry · AI investment governance

KYE Investment Decision Authority Pack for AI-assisted investment decisions & committee approvals.

When an AI agent drafts an investment thesis, generates a portfolio recommendation, proposes a trade, or assembles an investment committee paper and that decision starts to move toward a portfolio change committed, a trade routed, or an investment committee approval recorded, the consequential moment has arrived. The KYE Investment Decision Authority Pack governs that action boundary: it binds every consequential action to a named portfolio manager's or investment committee's authority, records the mandate check before the action, holds the decision advisory until a named signing professional signs off — with two-person sign-off on the irreversible committee approval — and seals it into a replay-provable provenance record. KYE Protocol governs whether the decision may proceed — it does not produce investment intelligence, judge whether a thesis is correct, render any view on alpha, returns, or suitability of outcome, and is not an investment adviser.

The wedge

AI now drafts theses and portfolio recommendations — and the investment committee approval is the irreversible action where accountability concentrates.

Generative research copilots, AI investment-workbenches, portfolio-construction engines, and trade-idea assistants are producing decisions that move quickly toward the portfolio, the order book, and the committee minute. The high-value problem is not the analysis — it is the action boundary. Three facts converge:

  • The consequential moment is the commit, the route, and the committee approval — not the draft. A thesis in a model's output is inert; a portfolio change committed, a trade routed, or an investment committee approval recorded is consequential. The committee approval is irreversible — the accountability-bearing decision to deploy capital that moves the market or the client's position and cannot be cleanly unwound. Portfolio-manager and committee accountability attaches at the moment a decision proceeds — exactly where governance is weakest.
  • The conduct standards already exist; the enforcement of authority does not. The Investment Policy Statement / discretionary mandate, MiFID II (best interest, suitability, best execution), the FCA COBS, the SEC investment-adviser fiduciary duty, and AIFMD / UCITS fund limits define what is required. KYE Protocol governs whether an AI-assisted decision may proceed under those standards, under whose authority, with the mandate check recorded before the action.
  • Provenance is now an audit expectation. A decision committed under a MiFID II / FCA COBS recordkeeping obligation, the books behind an SEC Rule 204-2 advisory record, and an AIFMD fund decision must each carry documented basis and lineage. KYE Protocol produces a signed, replay-derivable provenance pin at the moment the action commits — referencing, never reproducing, any AI investment-workbench vendor's evidence-backed output consumed as an input.
  • This is a governance wedge, not an investment engine. KYE Protocol does not compete with the research, workbench, or portfolio-construction tools. It governs the action boundary they feed — the named-authority + mandate-check + two-person sign-off + provenance layer the AI investment ecosystem currently lacks.
Why an investment / controls owner buys this

Survives an auditor, an FCA / SEC review, or an internal-audit spot check — mandate-checked, two-person-signed-off, and derivable from public keys alone.

  • Mandate-checked by construction. An AI-assisted decision that moves toward a commit, route, or approval must carry a recorded mandate-check result — within the recorded investment mandate / IPS (permitted investments + concentration / liquidity / risk limits), within the applicable suitability / best-interest basis (MiFID II Art. 25/27; FCA COBS 9/11; SEC duty of care; AIFMD / UCITS limits), and free of an undisclosed conflict where applicable. An out-of-mandate, limit-breaching, or unassessed decision is refused at the action-admissibility gate.
  • Sign-off-gated, two-person on the committee approval. A decision stays advisory until a named responsible portfolio manager, head of investment, or investment committee records sign-off. The irreversible investment committee approval additionally requires GovernedUI two-person sign-off — the recommending portfolio manager and an approving committee member or CIO. Unreviewed AI-driven consequential actions are refused and routed dual-channel.
  • Authority-bound. Every consequential action maps to a recorded named-authority decision — the agent, the decision / recommendation artefact, the intended action, and the named portfolio manager or committee under whose authority it proceeds. An AI authorised for one purpose cannot proceed under another.
  • Replay-provable provenance. A signed provenance pin binds the model and version, the inputs and pinned source data, the mandate-check result, the suitability basis, and the authority outcome — audit-grade data integrity an auditor, an FCA / SEC reviewer, or the asset owner can verify offline, against published keys alone, satisfying MiFID II / FCA COBS recordkeeping, SEC Rule 204-2, and AIFMD record obligations.
  • Framework-anchored. The Investment Policy Statement / mandate, MiFID II, the FCA COBS, the SEC fiduciary duty, AIFMD / UCITS, OSFI E-23 model risk, and SOX §404 each map to a control row — with a 90-day attestation cadence.
How it works

Every consequential investment action — authority-bound at the action boundary.

One coherent spine governs five specializations — thesis, portfolio-recommendation, trade-recommendation, committee-approval, and client-research-note — with no parallel packs. Each AI-assisted decision that moves toward a consequential action flows through the same four rules, on the canonical KYE Protocol envelopes.

  1. 1 — Decision proposed. An AI agent produces a thesis, a portfolio recommendation, a trade recommendation, or a committee paper that begins to move toward a portfolio change committed, a trade routed, or a committee approval recorded.
  2. 2 — Mandate + authority check. The Action Admissibility Gate verifies a recorded mandate-check result (within permitted investments + concentration / liquidity / risk limits + suitability) and the named-authority under which the decision proceeds, under the §25 Edge Governance Safety Floor. No mandate check, no authority = no action.
  3. 3 — Advisory pending sign-off. The decision is advisory until a named portfolio manager, head of investment, or investment committee records sign-off — with two-person sign-off (portfolio manager and committee member / CIO) required on the irreversible committee approval. Low-confidence or unreviewed decisions are refused and routed dual-channel.
  4. 4 — Provenance pin sealed. The runtime emits kye.purpose.request.v1 + kye.purpose.admissibility.v1 + kye.evidence.decision_map.v1 + kye.evidence.pack.v1 in lockstep, binding the model and version, the pinned source data, the mandate-check result, the named signing professional, and the Authority Finality outcome — signed and replay-derivable for an auditor, an FCA / SEC reviewer, or an internal-audit spot check.
Framework binding

Bound to the AI investment authority + mandate + provenance perimeter.

The pack binds the canonical KYE artefact set to the investment-conduct standards perimeter. Every claim resolves to a control row on the bound framework — the seven regulations are consumed by the rule pack, never re-mapped (five are new investment-conduct registries; OSFI E-23 model risk and SOX §404 are reused as the model-risk and accountability anchors, grafted not duplicated).

FrameworkControl areaPack coverage
Investment Mandate / IPSPermitted investments, concentration / liquidity / risk limits, named authority, reportingpartial
MiFID IIActing in the client's best interest (Art. 24), suitability (Art. 25), best execution (Art. 27), recordkeepingpartial
FCA COBSClient's best interests rule (2.1.1R), suitability (COBS 9), best execution (COBS 11), recordkeepingpartial
SEC IA FiduciaryDuty of care & loyalty (Advisers Act 1940), books & records (Rule 204-2)partial
AIFMD / UCITSFund-manager authority, risk-management function & limits, investment limits & diversificationpartial
OSFI E-23 (reused)Model risk — development & independent validation / effective challenge over the investment modelpartial
SOX §404 (reused)Management review control — named-accountability review over AI-assisted investment actionspartial

Honest scope. KYE Protocol governs the authority, mandate, sign-off, and provenance of the AI instruction at the action boundary — whether the decision may proceed. It does not produce investment intelligence, judge whether a thesis is correct, render any view on alpha, returns, or suitability of outcome, run the research or portfolio engine, and is not an investment adviser. An AI investment-workbench vendor's evidence-backed output is an input to KYE Protocol's decision-map; KYE Protocol never reproduces their research. Partial coverage means the bound surface satisfies the control area when paired with the firm’s own investment process and attestation.

Apply via the Foundry

Qualified AI investment partners — apply through the Foundry.

The KYE Investment Decision Authority Pack is a §68 sector product productised through the KYE Sector Pack Foundry Build tier; commercial distribution is value-based, qualification-gated, and disclosed under NDA to qualified applicants.