Directors cannot be expected to be familiar with the level of detail required to sign a compliance statement without using teams of consultants. This issue has not received the attention it deserves and the IDA will have very serious concerns when it considers it. We have not had a proposal on this issue from the IDA. Perhaps they have missed it or not done anything about it yet, but every foreign company coming into Ireland will now face the consideration of Irish regulations being so onerous, costly and detailed that they will have to be changed if we are to remain competitive in attracting foreign investment into Ireland.