Following the exposure of alleged criminal activity and growing complaints about the behaviour of the press in the UK in 2011, the Leveson Inquiry made a series of recommendations for a new, more effective regulatory system. The PRP is the result of this Inquiry and was created by Royal Charter on 3 November 2014.
The Royal Charter ensures that the Panel remains wholly independent of any other body or influence.
The PRP’s board members are free to act without outside influence having been appointed for a period of five years. During that period each of them can only be removed by the unanimous agreement of the other board members. The Royal Charter itself, which gives the Board Members that security of tenure, can only be amended by a two thirds majority of each of the House of Commons, the House of Lords and the Scottish Parliament, and with the unanimous agreement of the Board itself.
For the first three years of its operation, the PRP will receive guaranteed funding from the Treasury. But the Treasury has no control over how the PRP spends that money. Nor does anyone else.