Some groups see an opportunity to put in place a markets stability regulator and to level the playing field between the regulated and non-regulated sides of the financial services world.
The organization argues that a single, optional regulator would establish a uniform level of consumer protection, it would give consumers faster access to a broader range of insurance products and it could increase competition in the marketplace.
The report urged industry regulator Ofcom to ensure ITV keeps providing its current level of programmes specifically for audiences in Wales until at least digital switchover is completed in 2012.