Mr. John Hughes:

What I can say to the Deputy is that from an inward investment policy perspective, we would look to see regulation that is balanced and proportionate and ensures Europe remains competitive vis-à-vis global competition, not just across the EU. Of course, we are looking for the Single Market to be deepened further in terms of both goods and service. Equally, the Department accepts that some of the new regulation simply reflects the maturing of some of the sectors that are more recent arrivals. As I said, we look at it through a lens of making sure it is proportionate and balanced and that it can be implemented fairly across the European Union and, ideally, globally.

Those are the benchmarks against which all the regulatory work in the Department is viewed. I will certainly be happy to get a note specifically on the omnibus simplification.