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It sounds like what you’re saying is that because the legislature can’t anticipate how companies will abuse loopholes, they sidestep that by outlining the outco
by bnj 4mo ago
It sounds like what you’re saying is that because the legislature can’t anticipate how companies will abuse loopholes, they sidestep that by outlining the outcomes instead.
The issue I have with that approach is that I don’t agree with that approach to governance. I believe it’s incumbent on the regulator to define what is acceptable vs. disallowed in unambiguous terms.
- mastermage 4mo agoThis is a spirit of the law vs letter of the law debate. Europe in general (i know its not that easy) tends to go more towards Spirit of the Law. While the US usualy tends more to letter of the law.