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Private Eye, which has never opted in to the current form of regulation, administered through the Press Complaints Commission, is also unlikely to join the new regulator.
Mr. Kneedler replied, "Disclosure is a form of regulation" and he added that "states don't have the right to regulate through disclosure transactions that occurred outside the state".
He added, "It would seem that they are demanding a return to some form of regulation".
We hope for a better, more independent form of regulation in future.
There is an acceptance that some form of regulation is required.
We think there should be statutory underpinning of any new form of regulation".
"What may happen is a new form of regulation could come into force that would again prevent applications being made".
The review concludes that while the FRSB has "striven hard", it does not offer a credible form of regulation.
Most continental European countries have some form of regulation to control increases in rents.
To date, 15 states have put into effect some form of regulation of office-based surgery, as a means of protecting the public.
The press industry is likely to set up its own form of regulation, even if it does not receive the seal of a royal charter.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com