As a follow-up to PwC's Global Corporate Treasury Survey 2014, the global PwC Corporate Treasury Solutions team will shortly be launching the Global Corporate Treasury Survey of 2016. This year, PwC has interviewed hundreds of CFOs and Treasurers from corporations globally to take part in the survey. On 13 December 2016, PwC China/Hong Kong's Corporate Treasury Solutions team presented a sneak preview of some of the key survey findings at a seminar, followed by a cocktail session, attended by CFO's and treasurers from leading Hong Kong corporates.
Ian Farrar, PwC Corporate Treasury Leader for PwC China & Hong Kong, welcomed guests and introduced some of the key findings of the upcoming "PwC Treasury Survey 2016”, and comparing and contrasting findings for the region with those seen globally. He shared insights on the key areas at the top of the CFOs' and treasurers' agendas, starting with four key concerns for CFOs in Treasury, namely access to cash, currency risk, bank relationships and regulatory issues.
Marin Ivezic, a Risk Assurance Partner focusing on Cybersecurity & Privacy, shared his insights on trends in cyber-crime affecting treasury, noting increasing activity in the Asia region. Ada Siu, PwC Corporate Treasury Solutions Director, then shared her insights regarding the four primary concerns for treasurers: adequate & secure systems, standardised treasury process, macro-economic factors and staff retention. She also discussed recent tax implications for treasury arising from BEPS, as well as the new incentives for qualifying Hong Kong Corporate Treasury Centres.