We are pleased to share this brief overview of FBC research, events and memos from the second quarter of 2026.
This issue brings together highlights from our recent webinars, research reports and regulatory memos, together with upcoming events and FBC news.
FBC corporate members can access all of these materials, and many more via the FBC Member Portal. We hope you find these resources valuable.
For more information on anything in this newsletter, please contact the FBC team at contact@fundboards.org – we’ll be happy to help.
FBC Event Summaries:
Webinar Recap: Key Finding of FBC AoV Benchmarking – April 2026
Brandon Horwitz and Roberta Piani examined how efficiently AFMs are meeting their AoV obligations, sharing key trends and emerging best practices in process governance and AoV methodology.
Webinar Recap: Liquidity Oversight of Funds with Illiquid Assets – May 2026
This webinar explored the governance challenges facing fund boards in managing liquidity risk across funds with illiquid asset exposure.
Webinar Recap: Navigating ETF Governance: Insights for Boards on the Rise of Active ETFs – June 2026
Our most recent webinar examined the governance and oversight challenges arising from the growth of active ETFs. The discussion focused on governance considerations, liquidity management and investor oversight.
FBC Regulatory Memos:
FBC Memo: SM&CR Phase 1: Key Implications for ACD Boards – April 2026
This memo summarises the first phase of reforms to the Senior Managers and Certification Regime (SM&CR), confirmed in FCA/PRA Policy, and sets out the key implications for ACD boards.
FBC Memo – FCA, CBI, CSSF: 2026 Priorities – Three Regulators, One Direction? – May 2026
This memo outlines the key regulatory priorities shaping fund governance expectations across the FCA, CBI, and CSSF in 2026.
FBC Research Report – Liquidity Oversight in Practice – June 2026
Drawing on a panel discussion held on 5 May 2026, this report incorporates regulatory and practitioner perspectives to examine how fund boards are approaching liquidity oversight in practice.
FBC Research Report – Assessment of Value Simplified Public Report – June 2026
This report reviews how a sample of UK Authorised Fund Managers (AFMs) have approached their first Assessment of Value public reports under the new simplified disclosure rules.
Upcoming Q3 FBC Events:
- FBC Webinar: Effective Oversight of Investment Managers for Fund Boards – 15 September 2026
- CEO Roundtable (by invite only) – 24 September 2026
These events are part of FBC’s wider 2026 events programme.
Click here to view our full 2026 agenda.
FBC’s Responsible Business Journey
Since January 2026, every time a corporate member joins FBC, or an existing member renews, we have funded the planting of UK trees through Ecologi.
As a proud B Corp certified organisation, we believe in creating meaningful change. This initiative reflects our ongoing commitment to having a positive impact not only on our members and our people, but also on our communities and the environment.
If you’re considering joining FBC, or renewing your corporate membership, know that your decision will help us grow a greener future together.
Any questions?
For more information on anything in this newsletter, please contact the FBC team at contact@fundboards.org – we’ll be happy to help.
Forgotten your Member Portal password?
If you are already an FBC Corporate Member, to reset your password simply go to the Member Portal login page from fundboards.org and click ‘Forgot Password’ – a new one will be emailed within a few minutes (please check your spam in case it lands in there!). Once logged in, you can set a new secure password.
Stay Connected with FBC
Connect with FBC on LinkedIn. If you’re interested in becoming a Corporate Member or have questions or feedback about your existing membership, please let us know.
