December 29,
2022 the Process Review Panel issued its annual report on the SFC.
The report provides an update on the SFC's operational
practices in cases of possible wrongdoing by SFC licensed
firms.
1. Closure of Enforcement Cases
The SFC Enforcement Division will establish a mechanism to
monitor and control closure of investigations and to re-distribute
workload to different case officers when necessary to ensure timely
closure of investigations.
2. Follow-up Action to Substandard Sponsor Work
The SFC Enforcement Division will establish a mechanism to
monitor and control closure of investigations and to re-distribute
workload to different case officers when necessary to ensure timely
closure of investigations.
