On December 31, 2025, the Securities and Futures Commission ("SFC") welcomed the 2024-25 annual report from the Process Review Panel ("PRP"). The report includes recommendations to enhance operational efficiency and regulatory effectiveness based on a comprehensive review of 60 cases.
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On December 31, 2025, the Securities and Futures Commission ("SFC") commended the 2024-25 annual report released by the Process Review Panel ("PRP"). This report, which includes comprehensive observations and recommendations derived from a review of 60 cases, aims to enhance the SFC's regulatory effectiveness while ensuring fairness and orderliness in the financial markets.
Ms. Julia Leung, the SFC's Chief Executive Officer, acknowledged the PRP's valuable and constructive guidance on operational processes. Emphasizing the importance of enhancing operational efficiency, Ms. Leung noted that these recommendations will be rigorously evaluated to promote cross-divisional collaboration and streamline operational procedures, thereby strengthening the SFC's institutional resilience.
The Process Review Panel ("PRP"), established in November 2000, operates as an independent panel. Its primary responsibility is to review the SFC’s case handling and advise on the adequacy of its internal procedures and operational guidelines. This role ensures that the SFC's regulatory framework remains robust and effective.
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