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 […]
Market Entry Report – Doing Business in Switzerland
Switzerland’s prosperous, modern, and liberal market economy boasts low unemployment, a highly skilled labor force, and one of the highest per capita GDP in the world. The economy is driven by a highly developed service sector, with a focus on financial services, a robust manufacturing industry specializing in high-technology and knowledge-based production, and a well-established […]
Market Entry Report – Doing Business in Belgium
Belgium lies in the middle of the largest industrialized trading bloc in the world, the European Union (EU), and has existed as an independent kingdom since 1830. With a population of around 11 million people, Belgium has three official languages: Dutch, French, and German. The currency of Belgium is the euro (EUR).