The transcripts of the official inquiry into the culture, practices and ethics of the press. More…

Final we have proper co-regulation and this is the formal co-regulatory partnership with Ofcom for broadcast advertising. Ofcom remains the statutory regulator but has contracted out the day-to-day regulation to the authority and it will only intervene in certain specified circumstances. I asked Mr Richards about this but am I correct in saying that essentially Ofcom doesn't interfere with the day-to-day work of the ASA along as the undertakings and processes and targets in the memorandum of understanding are met. Would that be true, practically speaking?

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