In current uncertain economic times, China and Shanghai are taking further actions to open up the financial system and become a more attractive place for international investment. Treasury & financing has traditionally been a highly restricted and regulated area in the Chinese business environment. While cross-border cash pools can offer an efficient way to move RMB and foreign exchange between group companies, there are plenty different models available which do face different regulatory frameworks and may come with different tax considerations. This seminar shall cut through that complexity, provide you with a hands-on overview about different cash pool schemes based on the latest regulatory changes and consider alternative treasury tools for your application.
The European Union Chamber of Commerce in China is pleased to invite HSBC and PwC to address relevant aspects around setting up and operating cross-border cash pools.
Join us on 3rd March and learn about:
- The regulatory framework for cash pools, the available options and how they work in practice
- Practical impacts from the latest regulatory updates for RMB based as well as foreign exchange based cash pools in Shanghai and WGQ FTZ
- How to integrate a cash pool concept into your treasury strategy and how to leverage alternative treasury tools
- Optimize the tax impacts from your cash pool arrangement and other treasury tools
- How other companies structure their cash pool arrangement
Agenda
8:30am-9:00am Registration and Networking
9:00am-9:10am Welcome words by Christian Konig, Vice Chair of the European Chamber's Finance & Taxation Working Group
9:10am-9:40am Regulatory Framework for Domestic and Cross-border Cash Pooling. Practical Implementation and Alternative
Options by Marc Bauer, Head of the German Desk, HSBC China and Will Ma, Country Head of Commercial
Banking Sales of HSBC China's Global Liquidity & Cash Management (GLCM)
Commercial Banking Sales, HSBC China
9:40am-10:10am Future Trends and Tax-Effective Cash Pooling in China by April Ma, PwC
10:10am-10:30am Q&A Session
10:30am-10:40am Closing words by Christian Konig, Vice Chair of the European Chamber's Finance & Taxation Working Group
Views expressed by invited speakers do not necessarily reflect the opinions or position of the European Union Chamber of Commerce in China
Terms & Conditions
Events have limited seating so to ensure your attendance we encourage advance online registration and payment for all events. We cannot guarantee entry to anyone not registered in advance.
All our events are held in English and follow the Chatham House Rule unless otherwise stated.
Cancellation Policy
If you cannot attend an event for which you have registered, please cancel your registration no later than one business day prior to the event. If you fail to notify us of your cancellation in a timely fashion, you will be charged for event costs.
To cancel you can: 1) email yangzhao@europeanchamber.com.cn, or 2) cancel online if you registered for the event through the website