Traditionally and in law, directors are responsible for the accuracy of financial accounts and company tax provisions. The Bill proposes to enlarge this statutory responsibility to every form of law affecting a company materially in respect of its financial statements. In Ireland, this includes laws in respect of employment, health and safety, environment, competition, pensions, consumer protection, insurance and intellectual property. Nobody could say he or she would take the chief executive's word that his or her company was complying with these regulations. I would not do so if I was a non-executive director. Before signing off, I would request help from somebody who knows something about employment law. As Senators know, much expertise is required in these areas. I would also wish experts on health and safety, the environment, competition and pensions to issue the company with a clean bill of health. This is my problem with the issue of compliance.