It refers to 'expectation' and not 'requirement'. Hence, 'comply with laws' is not considered.

pg. 1

"The D.E. Shaw group is committed to maintaining the highest possible ethical and legal standards. As part of that commitment, it is our policy not to tolerate modern slavery, servitude, force labour, or human trafficking in our business activities or employment arrangements. We expect each of our suppliers to comply with applicable laws in conducting its business and to operate a fair and ethical workplace for its staff."