New US-EU Data Transfer Agreement Boosts Global Expansion
Introduction As a leading provider of global expansion solutions, HSP is committed to keeping our customers informed about the latest developments that shape the international business landscape. Today, we are excited to share significant news regarding the new EU-US Data Privacy Framework. Recently adopted by the European Commission, this agreement marks a crucial milestone in […]
Data Security: Zellis Breach and Ensuring Regulatory Compliance
Data breaches once again made the headlines last week. In late May, we saw the GDPR rule-breaking of Meta (Facebook), leading to the imposition of a €1.2 billion fine (subject to an appeal), and now there is a potentially disastrous breach of private information held by companies in the UK (United Kingdom). To date, several major household […]
Meta/Facebook fined $1.3 Billion for Breaches of the GDPR
2 Key Steps to Take to Avoiding a Similar Fate The complications of avoiding breaches relating to the European Union GDPR were again laid bare this week. Meta’s platform Facebook received a record-breaking fine totaling $1.3 billion (1.2 billion EURO) imposed this week by Ireland’s Data Protection regulator, sending shockwaves around global business circles. Regulators […]
GateWay: Your Global Growth Management Solution
Are you interested in finding out more about our new global expansion management platform, GateWay? With so many features to explore and an endless number of benefits for customers, Sam Sengupta, VP, Product, at HSP Group, further outlined some of the key takeaways of the software to give you a better understanding of what to […]
Everything you Need to Know about Legal Entity Rationalization
If you’re currently in a position where you are reviewing your business performance, especially if you are operating internationally, and you’re noticing unnecessary expenditures and drains on resources, then legal entity rationalization may be a profitable and effective solution for you moving forwards. To give you further insight into this area of business management, we’ve […]
Managing Cross Border Compliance Risks | Part 2
Following on from part 1, Emine Constantin, one of our experts at HSP, has discussed some of the core aspects of cross border compliance, and how to efficiently and effectively manage these areas to keep you trading without unnecessary complications.
Managing Cross Border Compliance Risks | Part 1
When expanding your business into different countries, there are many areas to consider, and cross border compliance is one of the most important things to get right, or else you may be faced with hefty fines and penalties that can halt your global business expansion journey. With varying rules and regulations in each country, keeping […]
Every Effective Payroll Strategy Needs These 3 Features
Whether hiring overseas for the first time or scaling your global presence, the right approach can eliminate common payroll challenges Payroll processing involves a lot more than meets the eye. Multiplied by several countries and different vendors, it quickly becomes clear how important a cohesive payroll strategy is to effective management. We have addressed the […]