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“In performing its general duties under Section 3 of the Communications Act (the Act), Ofcom is required to promote and facilitate the development and use of effective forms of self-regulation according to Section 6(2) of the Act. Shortly after Ofcom came into existence, a consultation was held seeking views on the criteria which Ofcom will use in promoting effective co- and self-regulation. This resulted in the publication of statement in 2004 establishing 13 different criteria to be applied by Ofcom in discharging its duties to promote and facilitate co- and self-regulation.

Since 2004, there has been a increasing body of knowledge in relation to the application of co- and self- outside of the communications sector and internationally. Ofcom therefore considers that it is timely to review its approach to discharging its duties in relation to promoting and facilitating appropriate forms of co- and self-regulation.”

(Im just aggregating this from REGULATORY Newslog, original source: OFCOMs Press release)

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