The Regulatory Funding Company (RFC) is charged with raising a levy on the news media and magazine industries to finance the Independent Press Standards Organisation (IPSO). This arrangement ensures secure financial support for IPSO, while IPSO’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

Board members


Chris Duncan: Chief Executive, Bauer Media UK
(Date of appointment: 8 June 2022)


Nigel Burton: Group Editor, Newsquest Yorkshire
(Date of re-appointment: 17 November 2022)

Dominic Fitzpatrick: Managing Director, Irish News
(Date of re-appointment: 30 May 2019)

Victoria Hewitt: Director of Operations, The Barnsley Chronicle
(Date of appointment: 7 May 2020)

Andy Williams: Chief Revenue Officer, DC Thomson Publishing
(Date of appointment: 8 June 2022)


Peter Wright – RFC Chair: Editor Emeritus, DMG Media
(Date of appointment: 8 June 2022)

Lord Black of Brentwood: Deputy Chair, Telegraph Media
(Date of re-appointment: 7 May 2020)

Darren Fisher: Chief Financial Officer (Nationals Division), Reach Plc
(Date of appointment: 7 June 2023)

Angus McBride: General Counsel, News UK
(Date of re-appointment: 8 June 2022)


Regulatory Funding Company
c/o Crowe LLP, 2nd Floor, 55 Ludgate Hill
London, EC4M 7JW