On 21 June  2022, FIA responded to HK SEF consultation on changes to the position limit regime; stressed that data reporting requirements should always be meaningful.

• Noted the benefits of imposing such requirements should also be proportional to the resources needed to meet them; provided suggestions for consideration by HK SEF.
• Advised expanding category of entities that can apply for increased position limits.
• Requested HK SFC takes steps to ensure harmonization between the rules imposed by HK SFC and HKEX so that market participants are not exposed to unnecessary risks.