From the ESLUG (link)....

Translated from Spanish (by Google, LOL) but bear with it. There are more than a few smirk moments in here ("where are the mail servers located?", "which Google? Spain, Ireland or US?"):

Translated article

I guess the motto here is beware of cost savings on the front end. It could be insignificant once the regulators walk in, and you have to folk out a lot of cash for a lawyer to defend you in court.