I wiped my post because you are right. I don't think it needs a full SGX-style TEE. What's missing is a link to designated requirements. Abusing a nonce field doesn't seem to work, or if it does I can't figure out how. The MDM/MDA infrastructure would need to be able to include:
public key from SEP -> designated requirement of owning app binary
The macOS KeyStore infrastructure
does track this which is why I thought it'd work. But the paper doesn't mention being able to get this data server side anywhere. Instead there's this nonce hack.
It's odd that the paper considers so many angles including things like RDMA over Thunderbolt, but not the binding between platform key and app key.
Reading the paper again carefully I get the feeling the author knows or believes something that isn't fully elaborated in the text. He recognizes that this linkage problem exists, proposes a solution and offers a security argument for it. I just can't understand the argument. It appears APNS plays a role (apple push notification service) and maybe this is where app binding happens but the author seems to assume a fluency in Apple infrastructure that I currently lack.