ISL, just figured out what went wrong. I think your web-site has a "loop-hole"
When I registered, I failed to enter a reason in the box provided. Acidentally clicked on the Apply button before doing so. But seeing as there was no error message about not providing a reason, I thought: "Oh well, perhaps none is needed". Though still did not receive any email confirmation, checked junk folders as well - nothing in there.
Anyhow, I tried again this morning. But it told me that I've already applied, thus can't do so again. Then after posting here, I tried another approach: Click the "forgot password" link, then got an email to reset the password. After doing so I could log-in, but it directly opened the Profile page with an error about the reason field not being entered. After entering this I just got the terms email, thanks.
So just a heads-up: The registration page needs to have some javascript (or other) to check if all required fields are entered, otherwise you might end up having several of these things happen.