In the UK, the Data Protection Act of 1998 governs the storage and distribution of all personal and confidential information obtained by an organisation. The principles themselves are clear-cut, but their application can sometimes be vague. For example, the Act states that data should be ‘kept safe and secure… for as long as is necessary…
Efficiency should be a paramount concern for any well-run business. Whether your company is large or small, efficiency is the key to streamlining your operations. As well as improving turnover and improving customer experience. The definition of efficiency will differ between company departments, but certain key components will remain the same. One such example is…
FATCA: The facts It has been estimated that each year the U.S. treasury loses up to $100 billion to offshore tax noncompliance. FATCA (Foreign Account Tax Compliance Act) was enacted to make it harder for people to hide assets in offshore accounts and thereby recuperate some of the annual loss. FATCA was made law on…
