What is the function and types of regulation in the magazine industry? (IPSO) 

The Independent Press Standards Organisation (IPSO): is the independent regulator  for the newspaper and magazine industry in the UK. They view newspapers and magazines to regulate their content , protect individual rights, uphold high standards of journalism and help to maintain freedom of expression for the press.

What they do

They make sure that newspapers and magazines are following the editors code - which sets out the rules that newspapers and magazines regulated by IPSO have agreed to follow. They also foresee complaints made about the newspapers and magazines and provide advice for editors and journalists to take into account when doing their jobs. 

Funding

IPSO is financed by the Regulatory Funding Company (RFC) which is funded by member publications. IPSO carries out its work separately and completely independently from its members.

The website

On IPSO's website, there is a large variety to be read. It includes the news, press releases, upcoming events, a blog, a podcast, a newsletter and a detailed summary on what IPSO is and what they are here to do.