Press standards board of finance (Pressbof)
Please note that this organisation operates separately to the Press Complaints Commission but is listed here to explain how the system of press self-regulation works as a whole.
The Press Standards Board of Finance (Pressbof) is charged with raising a levy on the newspaper and periodical industries to finance the Press Complaints Commission. This arrangement ensures secure financial support for the PCC, while the PCC's complete independence is at the same time guaranteed by a majority of lay members, and is a further sign of the industry's commitment to effective self-regulation.
The address of Pressbof is:
Lord Black of Brentwood (Chairman)
Nicholas Coleridge CBE
Editor in Chief, Associated Newspapers plc
Managing Director, Herald & Times Group