Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - Asia Pacific CEOs are optimistic about growth prospects, with 73% expressing confidence in global economic growth over the next three years, an increase from 63% in 2023 [15][19] - The report highlights the importance of investing in generative AI, with 65% of Asia Pacific CEOs identifying it as a top investment priority [13][34] - Supply chain risks have emerged as the biggest threat to organizational growth, surpassing geopolitical uncertainties [13][23] Economic Outlook - Confidence in the global economy among Asia Pacific CEOs has improved, with 73% expressing positive sentiments, a near 10% increase from the previous year [15][19] - Economic performance has been bolstered by export recovery, resilient domestic demand, and solid foreign direct investment inflows [19] - 94% of executives expect earnings gains over the next three years, reflecting strong economic performance [19][20] Technology & AI - 58% of Asia Pacific CEOs prioritize buying and implementing new technologies over developing workforce skills [31] - Generative AI is viewed as essential for boosting productivity, particularly in Japan, where 72% of CEOs consider it a priority [32] - Concerns about ethical challenges and workforce impacts from AI adoption are prevalent, with 65% of leaders acknowledging these issues [32][38] Talent - 84% of Asia Pacific CEOs believe that an aging workforce will significantly impact their organizations' people strategies [42][45] - 90% of CEOs expect to increase headcounts over the next three years, focusing on tech skills development [48] - Skills shortages are a major concern, with many organizations struggling to replace retiring employees [44][46] ESG - Asia Pacific companies have been slower to adopt ESG initiatives compared to more mature markets, but increasing stakeholder pressure is pushing sustainability to the forefront [49][51] - Nearly half (48%) of CEOs expect significant returns on their ESG investments within the next five years [52] - 44% of Asia Pacific CEOs are confident in achieving Net Zero by 2030, with 56% stating they have embedded ESG into their business strategies [59]

毕马威全球技术报告： 金融服务业洞察 以数字化创新驱动增长 毕马威 创·见不同 毕马威国际 | kpmg.com 摘要 在巨大的成本压力下，金融服务机构应对不断变化的风险和客户需求，其中拥有竞争优势的是那些通过数字化转 型创造价值的公司。金融服务机构准备好通过数字创新实现前所未有的增长了吗？业界面临的压力与日俱增，如 何回答这个问题可能决定成败。本报告主要目标读者是金融服务行业中希望利用技术提高运营效率并推动增长的 首席执行官、首席信息官、首席技术官和高层管理人员。 本报告显示，金融服务业最有可能从人工智 当前，高通胀持续、地缘政治压力、监管环境的不确定性 以及全球经济增速放缓等多重因素叠加，正对金融服务业 的发展构成挑战。利率波动抑制了消费支出和资产表现， 合规和运营成本稳步增加，这些迫使业界高管重新审视企 业增长策略。与此同时，金融服务机构还面临着创造价值 和经营利润降低的压力。 毕马威华振会计师事务所（特殊普通合伙） 中国合伙制会计师事务所，毕马威企业咨询（中国）有限公司 中国有限责任公司，毕马威会计师事务所 澳门特别行政区合伙制事务所，及毕马威会计师事务所 香港特别行政区合伙制事务所，均是与毕马威国际 ...

KPMG 亚太私募股权晴 雨表 2024 PE 投资趋势与机遇 思想领导 力 2024 年 12 月 Contents | 前言 | | | --- | --- | | ASPAC 私募股权晴雨表 : 展望和预期 | ব | | 01 投资活动和交易机会 : 准备好反弹了吗 ? | 5 | | 02 定价和估值 : 未来市场更加理性 | 10 | | 03 价值创造机会 : 热度在继续 | 14 | | 04 区域概述 : 从冷却到蓬勃发展的市场 | 19 | | 05 退出 : 适应不断变化和具有挑战性的环境 | 25 | | 关于毕马威 | 29 | 报告中的数据来源于AVCJ和Mergermarket，并于2024年9月12日汇总。除非另有说明，所有数据均为美元（USD）表示。本分析所涵盖的 亚太市场包括：澳大利亚、孟加拉国、文莱、柬埔寨、中国大陆、香港特别行政区、印度、印度尼西亚、日本、老挝、澳门特别行政区、马 来西亚、马绍尔群岛、缅甸（Burma）、尼泊尔、新西兰、巴基斯坦、菲律宾、新加坡、韩国、斯里兰卡、台湾、泰国和越南。 KPMG © 2024 版权属于一家或多家KPMG国际实体。KPMG国际实 ...

Investment Rating - The report does not explicitly provide an investment rating for the banking industry Core Insights - The banking industry is facing multiple pressures including macroeconomic slowdown and structural transformation, with challenges expected to persist into 2025 [4] - A significant focus on enhancing customer experience, reducing costs, and modernizing IT architecture is noted as key investment areas [4] - The adoption of generative artificial intelligence is seen as a primary investment task, with 81% of CEOs recognizing its potential to disrupt current business models [18] - ESG (Environmental, Social, and Governance) is identified as a major driver for building customer relationships and enhancing brand reputation, with nearly half of CEOs expecting substantial returns from ESG investments in the next three to five years [19] - The report highlights a shift from cost reduction to value management, with 61% of banking executives prioritizing cost optimization and employee productivity [20] Summary by Sections External Uncertainties - Continuous macroeconomic uncertainties present both opportunities and threats for the banking sector [7] Regulatory Intensity - There is an ongoing increase in regulatory intensity and scrutiny within the banking industry [7] Digital Transformation - Banks are required to continuously invest in digital transformation to enhance customer experience and operational efficiency [7] Financial Insights - Retail banks generally incur higher direct costs compared to the industry average, particularly challenger retail banks [30] - The average total financial cost for banks in North America is reported at 2.5%, while European banks show a higher average of 3.9% [36] Employee Expectations - A majority of CEOs (93%) anticipate an increase in employee numbers, with a strong preference for returning to office work [22] - There is a noted gap in employee readiness to leverage emerging technologies, with only 35% of respondents confident in their workforce's preparedness for generative AI [22] Cost Management - The report indicates a trend towards optimizing service costs and enhancing employee productivity rather than merely reducing costs [20] - The average procurement ratio for banks in the Asia-Pacific region is the highest at 42%, indicating a greater reliance on outsourcing [43] Technology and Automation - The report emphasizes the importance of process automation, with a focus on visualization and data transformation as key areas for banks [73] - The adoption of cloud technology is increasing, with 59% of banks having moved to cloud solutions [62] Leadership and Skills - There is a significant need for banks to develop leadership and employee management skills to navigate the complexities of the industry [47] - The report highlights that while private banks excel in accounting expertise, they lag in project management and data science capabilities [70]

Investment Rating - The report does not explicitly provide an investment rating for the banking industry Core Insights - The banking industry is facing multiple pressures including macroeconomic slowdown and structural transformation, with challenges expected to persist into 2025 [4] - A significant majority (68%) of global banking CEOs express confidence in economic growth prospects, despite external challenges such as cybersecurity (81%) and cost of living (80%) [18] - The adoption of generative artificial intelligence is seen as a primary investment task by 81% of banking CEOs, although there is a lack of confidence in implementation [19] - ESG (Environmental, Social, and Governance) is recognized as a key driver for building customer relationships and brand reputation, with nearly half of CEOs expecting substantial returns on ESG investments within three to five years [20] - The focus is shifting from cost reduction to value management, with 61% of banking executives prioritizing cost optimization and employee productivity [21] Summary by Sections External Uncertainties - Continuous macroeconomic uncertainties present both opportunities and threats [8] - Regulatory intensity and scrutiny are on the rise [8] - Banks need to invest in digital transformation to enhance customer experience and reduce costs [8] Digital Transformation - Less than 10% of surveyed banks have a clear AI strategy, indicating a gap in readiness for AI integration [8] - The report emphasizes the importance of balancing flexible working arrangements with in-person interactions [8] Financial Insights - Retail banks generally incur higher direct costs, closely aligning with industry averages, while challenger banks exceed these averages [30] - The financial cost structure shows that retail banks maintain high productivity levels despite higher costs [30] Employee Expectations - 93% of banking CEOs anticipate an increase in employee numbers, with a strong preference for in-office work [23] - There is a notable gap in employee readiness for emerging technologies, with only 35% of respondents confident in their workforce's preparedness for generative AI [23] Cost Management - The report highlights a transition from pure cost reduction to seeking service cost reductions and enhancing employee productivity [21] - The average procurement ratio in the Asia-Pacific region is the highest at 42%, indicating a reliance on outsourcing [42] IT and Automation - The report notes that banks are focusing on migrating management reporting and planning processes to the cloud, while accounting engines remain a lower priority [61] - There is a growing emphasis on process automation, particularly in visualization and data transformation [69]

个人信息保护合规 审计管理与应对 毕马威中国 2025年3月 kpmg.com/cn — 序言 在数字化时代，个人信息保护已成为广大人民群众最切实关心的 利益问题之一，也是涉及个人信息处理企业的重要合规义务之一。那 么，企业如何保障个人信息处理活动符合国家法律法规的监管要求， 而监管机构又如何审查与评价企业的个人信息保护合规情况呢？ 作为一项监管对企业个人信息保护的重要"体检"工作，国家已 制定法律将企业个人信息合规审计定义为一项基本义务并为其提供了 制度框架。我国个人信息保护法第54条和64条明确规定了个人信息 处理者的个人信息保护合规审计义务，并将审计分为自行审计与监管 审计两种方式。 为进一步细化与落实指导上述个人信息保护法规定的义务工作的 开展执行，2023年8月，国家网信办制定并出台了《个人信息保护合 规审计管理办法（征求意见稿）》；2025年2月14日《个人信息保护 合规审计管理办法》正式发布，并将于2025年5月1日正式生效。 《个人信息保护合规审计管理办法》从适用条件、个人信息处理 者的责任等多个方面进行了详细规定，为企业的个人信息保护合规审 计工作提供了更多细节性指导，以激励并提升企业个人信 ...

Investment Rating - The report indicates a strong resilience and higher risk tolerance in the energy sector compared to other industries, suggesting a favorable investment outlook for technology adoption and digital transformation initiatives [3][19]. Core Insights - The energy sector is at a critical juncture, facing unprecedented opportunities and challenges, necessitating a unified approach to integrate technology, data, and strategy internally [3][67]. - Energy companies are increasingly exploring artificial intelligence (AI) use cases, with 67% reporting business value returns from AI implementations, although many remain in the proof-of-concept stage [11][33][29]. - Data maturity is identified as a significant barrier to realizing technological value, with energy companies lagging behind cross-industry averages in data interoperability and security [16][40]. - The energy sector is adept at leveraging cybersecurity investments, with a notable correlation between such investments and profitability growth [17][57]. Summary by Sections Technology Application - Energy companies are more proactive in technology application, with a higher likelihood of exploring AI use cases compared to other sectors [8][19]. - 70% of energy firms plan to invest in low-code/no-code platforms, exceeding the cross-industry average by 7 percentage points [23][25]. - The energy sector's executives exhibit a strong commitment to technology investments, with 25% stating they rarely fall behind competitors due to risk aversion [10][22]. Data Maturity - The report highlights that only 36% of energy executives believe their data capabilities significantly impact business, compared to 52% across industries [47][40]. - Energy companies recognize the need to enhance data quality and governance, with many already investing in these areas [46][40]. Cybersecurity - The energy sector is increasingly aware of the financial value derived from cybersecurity investments, with a reported 16% profit increase attributed to such efforts [57][58]. - Energy firms are encouraged to integrate cybersecurity into their digital transformation processes proactively [57][55]. AI Integration - The integration of AI is seen as a transformative opportunity for the energy sector, with potential applications in predictive maintenance and operational efficiency [30][66]. - Energy companies are advised to modernize their ERP systems and cloud capabilities to fully leverage AI's potential [30][19]. Future Outlook - The report emphasizes the importance of a structured approach to technology investments, focusing on building a robust data foundation and reducing technical debt [64][65]. - Collaboration with technology providers and fostering AI skills among employees are recommended to enhance innovation and operational capabilities [69][70].

中国税务快讯 第三期 二零二五年三月 个人所得税综合所得汇算清缴新规解读 摘要： 经过历年个人所得税综合所得汇算清缴（以下简称"汇算清缴"）的实践经验积累，2月26日，国家税务总局正式 发布了《个人所得税综合所得汇算清缴管理办法》（以下简称《办法》），进一步规范管理汇算清缴工作。 关注要点 《办法》在既有政策基础上，明确了汇算清缴过程中纳税人、企业、税务机关等各方的权利与义务，细化申报流程 并完善了办税服务等举措。其中，值得关注的内容包括： • 延期办理汇算清缴 • 明晰法律责任与权益 纳税人 © 2025 毕马威华振会计师事务所(特殊普通合伙) — 中国合伙制会计师事务所，毕马威企业咨询 (中国) 有限公司 — 中国有限责任公司，毕马威会计师事务所 — 澳门特别行政区合伙制事务所，及 1 毕马威会计师事务所 — 香港特别行政区合伙制事务所，均是与毕马威国际有限公司(英国私营担保有限公司)相关联的独立成员所全球组织中的成员。版权所有，不得转载。 自2025年起，纳税人可申请延期办理汇算清缴。 经核准延期办理汇算清缴的个人纳税人仍应在汇算清缴期内预缴税款。 • 合并股权激励信息计税 对于纳税人在一个纳税年度内取 ...

2024年香港 私人财富管理 报告 kpmg.com/cn 目录 摘要 3 1 行业概况 6 2 促进市场增长 关于私人财富管理公会 关于毕马威中国 联系我们 | 46 | | --- | 47 48 2 2024年香港私人财富管理报告 16 3 人工智能影响力日益扩大 26 45 鸣谢 4 附录 © 2025 毕马威会计师事务所 — 香港特别行政区合伙制事务所，是与毕马威国际有限公司(英国私营担保有限公司)相关联的独立成员所全球 组织中的成员。版权所有，不得转载。 3.1 人工智能的应用现状 3.2 人工智能的未来趋势 3.3 亟待克服的挑战 3.4 前进之路 摘要 摘要 尽管宏观经济环境充满挑战，业界对 家族办公室的持续增长、源自中国内 地的财富机会以及私人财富管理行 业应用人工智能等方面仍抱持乐观 情绪。 第九份《香港私人财富管理》年度报告由私人财富管 理公会（PWMA）和毕马威中国合著。本报告深入剖 析了行业格局、不断变化的挑战和新的增长机会，并 针对人工智能日益增长的影响，加入了新的视角。 本报告主要根据私人财富管理公会35个会员机构的调 查（约占会员机构总数的80%）编制而成，并以香港 证监会（S ...

带领改变 香港上市公司关键行业的气候信息披露与前瞻 酒店 物流 交通与汽车 服装 餐饮 家居用品 带领改变：香港上市公司关键行业的气候信息披露与前瞻 ©2025 星展银行（香港）有限公司，保留所有权利 ©2025 毕马威会计师事务所 — 香港特别行政区合伙制事务所，是与毕马威国际有限公司（英国私营担保有限公司）相关联的独立成员所全球组织中的成员。版权所有，不得转载 1 2025年2月 前言 应对气候变化的需求现已迫在眉睫。随着世界面临全球变暖的挑战，企业在推动低碳未来发挥着 关键作用。他们必须采用强有力的气候信息披露和净零转型计划，以有效地向各利益相关方展示 其为减排所作出的努力，并调整营运策略，以应对瞬息万变并由气候变化所驱动的商业环境。信 息的透明度，对于确保资本市场稳健高效发展，以及塑造企业行为和气候行动至关重要。 香港特别行政区（香港）作为中国的一部分，与中国的整体经济息息相关。近年来，香港和中国 内地证券交易所均对环境、社会及管治（ESG）报告实施强制披露要求，以符合政府的碳中和议 程。虽然企业已经加强了ESG披露，但是在准确测量和披露碳排放数据（尤其是范围3）方面仍 然面临着诸多困难，而这对于拥有 ...