Core Insights - PwC recently held a seminar in Shenzhen focused on cross-border fund management for enterprises going abroad, addressing key issues such as cross-border fund pathways, multi-currency cash pool setup, exchange rate risk hedging, and tax compliance [2][14] - The seminar gathered industry experts to discuss the challenges of fund management, practical platform building, and tax strategy considerations, providing systematic solutions for enterprises [2][3] Group 1: Systematic Fund Management Framework - Enterprises must establish a global fund management system that aligns with their business strategy, addressing liquidity management challenges in different countries [3][5] - The management framework should adhere to three core principles: localization and business adaptation, security as a foundation, and liquidity as a core focus [5][12] Group 2: Taxation and Compliance - Choosing the right location for fund management platforms is crucial for optimizing cross-border fund efficiency and tax costs, with Hong Kong being a popular choice for many Chinese enterprises [9][11] - Companies must be aware of transfer pricing risks and permanent establishment risks when operating fund pools, ensuring compliance with independent transaction principles [10][11] Group 3: Practical Implementation and Data Management - Many enterprises have established overseas cash pools but often fail to maximize their potential in reducing costs and optimizing liquidity [12][13] - A systematic data governance approach is essential for effective fund management, requiring the integration of business, financial, and banking data into a digital management system [13][14] Group 4: Strategic Support and Risk Management - PwC emphasizes the importance of providing comprehensive support throughout the fund management process, from strategic planning to system implementation, to help enterprises navigate complex international environments [14]