The Process Review Panel (PRP) for the Securities and Futures Commission (SFC) today (December 31) published its annual report covering the work of the PRP in 2024-25.

     The PRP Chairman, Ms Miranda Kwok, said, "In 2024-25, the PRP reviewed 60 completed or closed cases under various areas of the work of the SFC. The PRP concluded that the SFC has carried out the work in accordance with its internal procedures. It also made a number of observations and recommendations to the SFC, which will be conducive to the SFC's continuous enhancement of procedures and guidelines.

     "We are thankful to the SFC for its co-operation and support in facilitating the work of the PRP, and are pleased to note the positive response of the SFC to the PRP's recommendations", she added.

     The annual report has been uploaded onto the website of the Financial Services and the Treasury Bureau (www.fstb.gov.hk/fsb/en/business/prp/afsreport.html).

     The PRP welcomes views of the public and market participants on the PRP's work. They may express their views by sending an email to the PRP (prp@fstb.gov.hk).

Ends/Wednesday, December 31, 2025
Issued at HKT 12:00

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