The Process Review Panel for the Mandatory Provident Fund Schemes Authority (PRP) published its 2022 Annual Report today (December 28), covering its work during the review cycle from May 1, 2021, to April 30, 2022.
     
     The PRP Chairman, Mr Eugene Fung, SC, said, "The PRP reviewed in detail 30 cases relating to the core regulatory activities of the Mandatory Provident Fund Schemes Authority (MPFA). With a broader scope of review starting from this cycle, the PRP made a number of observations and recommendations to the MPFA on further enhancing its work for the betterment of the MPF regulatory regime."
     
     He added, "We are thankful to the MPFA for their continuous co-operation and support in facilitating the PRP's work, and for their positive response to our recommendations."
 
     The 2022 Annual Report has been uploaded to the website of the Financial Services and the Treasury Bureau at www.fstb.gov.hk/fsb/en/business/prp/doc/prp_mpfa_2022_e.pdf.
 
      The PRP welcomes views of the public and market participants on its work. Comments may be sent to the PRP via email at prpmpf@fstb.gov.hk.

Ends/Wednesday, December 28, 2022
Issued at HKT 17:05

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