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It’s hard, in other words, to make money when you have to do things by the book. | It’s hard, in other words, to make money when you have to do things by the book. | ||
Hat tip to Marc Rubinstein’s | Hat tip to Marc Rubinstein’s {{pl|https://netinterest.substack.com/p/citi-never-sleeps|''Net Interest''}} blog for fishing this one out of the morass — no-one else seems to have spotted it — but the [[JC]] got on the Google and discovered that, in time-honoured tradition, this is simply cribbed from an existing disclosure from a 2019 disclosure document by PayPal: | ||
{{Quote| | {{Quote| | ||
“As we expand and localize our international activities, we have become increasingly obligated to comply with the laws of the countries or markets in which | “As we expand and localize our international activities, we have become increasingly obligated to comply with the laws of the countries or markets in which | ||
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eBay, on the other hand, appears to regard compliance with local rules as discretionary, which makes their statement a whole lot ''more'' fruity: | eBay, on the other hand, appears to regard compliance with local rules as discretionary, which makes their statement a whole lot ''more'' fruity: | ||
{{Quote|As we expand and localize our international activities, we ''may'' become obligated to comply with the laws of the countries or markets in | {{Quote|As we expand and localize our international activities, we ''may'' become obligated to comply with the laws of the countries or markets in which we operate.}} | ||
which we operate.}} | |||