2018 Treasury Seminar – Optimizes financial management with corporate treasury centre in Hong Kong

Jointly organized by International Association of CFOs and Corporate Treasurers (China) and The Hong Kong Chinese Enterprises Association
Co-organized by Hong Kong Monetary Authority
2018 Treasury Seminar – Optimizes financial management with corporate treasury centre in Hong Kong

Jointly organized by the Finance & Accounting Affairs Steering Committee of The Hong Kong Chinese Enterprises Association (hereinafter referred to as the “Finance Committee”) and the International Association of CFOs and Corporate Treasurers (China) (hereinafter referred to as the “IACCT (China)”), the 2018 treasury seminar co-organized by the Hong Kong Monetary Authority was successfully held in Novotel Century Hotel, Hong Kong on 14 September 2018.
Please click the following link for the rundown of the seminar:
[ Rundown of the seminar in Simplified Chinese]

Mr. Tung Woon Cheung Eric, Vice Chairman of the Finance Committee, Executive Director, CFO and Company Secretary of Beijing Enterprises Water Group Limited and Ms. Ko Yung Lai Gogo, President of IACCT (China) and Deputy General Manager, Finance Department of YUE XIU Enterprises (Holdings) Limited, delivered the opening speech for the seminar.

The theme of the seminar is “optimizing financial management with corporate treasury centre in Hong Kong”. With the introduction of the “belt and road” strategy, the international trade and investment activities of over 80 European, Asian and African economies are also increasing. Mainland enterprises are also entering the international market through the strategy of “going global”. Enterprises need to face the complex environment of different currencies, regulatory and interest rate systems while meeting a large number of new business opportunities. Therefore, more and more enterprises choose to set up their regional headquarters / corporate treasury centres to centralize the planning of their financial activities in areas like fund raising, fund management, working capital management, asset management, cross-border collection and payment, risk management and business financings etc. These corporate treasury centres help simplifying and centralizing the management of their financial activities. It has become a trend to focus the financial functions of enterprises within the corporate treasury centers which are usually set up in Asia. The corporate treasury center can bring more optimized strategic benefits to enterprises and lead to the more efficient utilization of capital. Recently, some scholars think that the key word in 2018 is “turbulence”. The trade disputes between China and the United States, the strength of the US dollar, the fluctuation of the RMB exchange rate, the currency crisis in Turkey, etc. have made it an important topic for Chinese enterprises to establish a corporate treasury centre to improve financial management.

At the seminar, Ms. Sara Yip, Senior Manager (Market Development Division) of the External Department of Hong Kong Monetary Authority, was invited to share with members the latest development of the Hong Kong Corporate Treasury Centre (CTC), explained in details why there was a need for corporates to establish a CTC and analyzed the advantages of Hong Kong as a hub of CTCs in Asia.

Ms Ko Yung Lai Gogo, President of IACCT (China) and Deputy General Manager of the Finance Department of YUE XIU Enterprises (Holdings) Limited, elaborated the various aspects of corporate treasury management, the transformation and development of treasury management in the 3.0 stage and explained the necessity and benefits of treasury management and establishment of CTC, At the seminar, the representative of SWIFT shared with the guests the latest CTC information system in the market and how to ensure long-term competitiveness through innovation.
The last part of the seminar is Q & A on CTC. Representatives from Hong Kong Monetary Authority, IACCT (China), SPIC International Finance (Hong Kong) Company Limited, SWIFT and Ernst & Young accounting firm were invited to interact with the participants of the seminar. There were in-depth discussions of the ways of establishing CT and how to ensure the efficiency of strengthening fund management and long-term competitiveness of corporates.
Members of the Finance Committee of Hong Kong Chinese Enterprises Association and members and guests of IACCT (China) attended the seminar and focused their attention on learning, studying and exchanging ideas.

国际企业财资（中国）协会与香港中国企业协会联合主办
香港金融管理局协办
2018年度财资研讨会-香港企业财资中心优化财务管理

由香港中国企业协会财会专业委员会（下称：财委会）与国际企业财资（中国）协会联合主办，香港金融管理局协办之2018年度财资研讨会于9月14日在香港诺富特世纪酒店顺利举行。
有关硏讨会的会议议程，请点击以下链结：
[ 会议议程 ]

当天, 财委会副主任委员、北京水务集团有限公司执行董事、财务总监、公司秘书董涣樟先生及国际企业财资（中国）协会会长、越秀集团财务部副总经理高镛丽女仕为研讨会致开幕辞

是次研讨会以「香港企业财资中心优化财务管理」为主题。随着「一带一路」战略的出台，与超过80个位于欧洲、亚洲及非洲经济体的国际贸易和投资活动也在进一步增加。内地企业也通过「走出去」的战略涉足国际市场。企业在迎接大量新商机的同时，需要面对不同货币、监管和利率体制的复杂环境。因此，越来越多企业选择利用企业区域总部/企业财资中心来统筹集中区域的财务活动-资金筹集、资金管理、流动资金管理、资产管理、跨国收付、风险管理、业务融资等，以简化和集中管理其财资活动。把企业财务职能集中于财资中心并在亚洲设立财资中心已成为现今的趋势。财资中心管理能够为企业带来更优化的战略价值，令集团整体的资金运用更为高效。近期有学者认为2018年的关键字是”动荡”，中美贸易的纠纷、美元的强势、人民币汇率的波动、土耳其货币危机等，建立企业财资管理中心提升财资管理成为要重要话题。

是次研讨会邀请了香港金融管理局外事部市场发展处高级经理叶晶晶女仕为会员们分享香港企业财资中心（CTC）的最新发展，详尽解释为何企业需要建立财资中心，并剖析香港作为亚洲区内企业财资中心枢纽的优势。

国际企业财资（中国）协会会长、越秀集团财务部副总经理高镛丽女仕阐述了业务司库管理的定位，司库管理3.0阶段的变革发展，并解释司库管理与企业财资中心成立之必要性及其效益，以及实践企业财资中心的关键。环球银行金融电信协会SWIFT代表在研讨会上与宾客分享市场上CTC最新讯息系统及如何通过创新确保长久竞争力。
最后的企业财资中心答问环节更邀请到香港金融管理局、国际企业财资（中国）协会、国家电投香港财资管理公司、SWIFT及安永会计师事务所税务团队之代表，与是次研讨会之参加者作互动交流，就分享强化集团资金管理的效益，讨论建立企业财资中心的方式及如何保持长久竞争力作深入讨论。
出席是次研讨会的香港中国企业协会财委会与国际企业财资（中国）协会的会员们、嘉宾朋友们专注学习、认真研究、并互相交流集思广益。