Which dept. will hear appeals against decisions made by SFC relating to registration of intermediaries?

Which dept. will hear appeals against decisions made by SFC relating to registration of intermediaries?

• A. High Court
• B. Ombudsman
• C. Securities and Futures Appeals Panel
• D. Administrative Appeals Board

Answer: (C)

Appeals against decisions by the Securities and Futures Commission on the registration of intermediaries are heard by the Securities and Futures Appeals Panel. This panel is the designated forum for reviewing SFC registration decisions, providing a formal, specialist venue for appellants to challenge those determinations. The High Court handles judicial reviews or general legal challenges, not the standard statutory appeal route; the Ombudsman deals with complaints about administrative service, not formal appeals of regulatory decisions; and the Administrative Appeals Board covers different administrative matters.

Appeals against decisions by the Securities and Futures Commission on the registration of intermediaries are heard by the Securities and Futures Appeals Panel. This panel is the designated forum for reviewing SFC registration decisions, providing a formal, specialist venue for appellants to challenge those determinations. The High Court handles judicial reviews or general legal challenges, not the standard statutory appeal route; the Ombudsman deals with complaints about administrative service, not formal appeals of regulatory decisions; and the Administrative Appeals Board covers different administrative matters.