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

Speakers

Mr. Marc Bauer

Head of the German Desk, Commercial Banking, HSBC China

Mr. Marc Bauer

Head of the German Desk, Commercial Banking, HSBC China

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Marc Bauer, Head of German Desk covering the German, Swiss & Austrian commercial banking subsidiary business of HSBC China together with a local team located in 57 cities around China to support international customer to successfully manage their China operations. Before his current role Marc worked for 10 years in Germany as Global Relationship Manager and in France in the European Commercial Banking team to support corporate customer global banking requirements. He graduated from the University of Munich with a business degree on banking, insurance and risk management.

Mr. Will Ma

Country Head of Commercial Banking Sales of HSBC China's Global Liquidity & Cash Management (GLCM)

Mr. Will Ma

Country Head of Commercial Banking Sales of HSBC China's Global Liquidity & Cash Management (GLCM)

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Will Ma is leading a country sales team of 40 sales manager covering both Local Corporation and international client portfolio. In his role, Will and the team is responsible for developing sales strategy and proposition, constructing solutions and helping corporate clients in managing their liquidity and day to day cash management related transactional activities.
Will has over 14 years of banking experiences and joined HSBC in 2006 as Management Trainee. Prior to the current role, Will was Sales Team head, Sales Manager with GLCM and Relationship Manager with Commercial Banking HSBC.
Will graduated from Shanghai University of Finance and Economics. He holds Master Degree of International Finance.

Ms. April Ma

Tax Partner, China Financial Service Group of PricewaterhouseCoopers

Ms. April Ma

Tax Partner, China Financial Service Group of PricewaterhouseCoopers

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April is a tax partner in the China Financial Service Group of PricewaterhouseCoopers. April specialises in advising multinational corporations on the cross-border investment options well as PRC tax planning, tax compliance and consultation in relation to their PRC operations. With the expertise on international tax aspects and cross-border investment, April has worked with various types of companies with extensive experience in FS industry. April obtained her Bachelor and Master of Economy from Fudan University. She is a member of Certified Tax Agent (CTA).

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