4 ms·
> Definition of Europe seems to be EU, EFTA (ex. Switzerland which is governed by PayPal Pte. Ltd.), and UK. This is likely because it’s the EEA, which is the
by vinay427 4y ago
> Definition of Europe seems to be EU, EFTA (ex. Switzerland which is governed by PayPal Pte. Ltd.), and UK.
This is likely because it’s the EEA, which is the EU+EFTA-CH.
- zinekeller 4y agoOh, that makes sense, I heard that Switzerland have bilateral treaties that allows them greater autonomy on financial matters. I guess PayPal not setting up a UK subsidiary is mainly due to FCA being a decent institution (Britons might disagree, but have you tried complaining to the Luxembourg CSSF?)