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The Process Review Panel (PRP) for the Securities and Futures Commission (SFC) today (September 28) published its annual report covering the work of the PRP in 2011-12.
The PRP Chairman, Mr Anthony Chow, said, "In 2011-12, the PRP reviewed 55 completed or discontinued cases of the SFC covering various areas of its work. The PRP found that the SFC had, in general, adhered to established internal procedures in its decisions and actions.
"The PRP also made observations and recommendations to the SFC, which would be conducive to the SFC's enhancement of procedures or guidelines in related areas,ˇ¨ Mr Chow added.
ˇ§We were thankful to the SFC for their co-operation and support in facilitating the work of the PRP."
The PRP welcomes views from market participants and the public on the work of the PRP. They are encouraged to send their views to the PRP by email at prp@fstb.gov.hk .
The annual report has been uploaded onto the website of the Financial Services and the Treasury Bureau (www.fstb.gov.hk/fsb/topical/afsreport.htm).
Ends/Friday, September 28, 2012
Issued at HKT 16:35
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