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 […]
GDPR explained for Global Businesses
What is GDPR? The General Data Protection Regulation 2016/679 (GDPR) is a directive under European Union (EU) law addressing data protection and privacy in the EU and the wider European Economic Area (EEA) linking the EU member states with the three European Free Trade Association states (Iceland, Liechtenstein, and Norway), as well as the transfer […]