The Securities & Futures Commission's Process Review Panel has scrutinised 60 cases and found the SFC has adhered to internal procedures in its decisions and actions.

The panel today published the seventh annual report covering its work in 2007. Panel chairman Anthony Chow said members found areas needing improvement.

It also considered the industry's views on the SFC's procedures to identify areas for improvement, and referred the comments to the commission.

Financial Secretary John Tsang welcomed the report and thanked the panel for enhancing the quality of the regulation of Hong Kong's securities and futures market.

The report and its executive summary can be downloaded from the Financial Services & the Treasury Bureau's website.