Although there would be little direct competition for business between operators, their performance--in reducing costs per passenger mile, say--would provide information that a regulator could use when setting price caps.

ECONOMIST: The end of the tunnel

The report recommended the creation of new social enterprise landlord with a leasehold interest in housing executive stock, a new strategic housing authority which would own and control the stock, and an independent housing regulator responsible for rent setting.

BBC: Social Development Committee

They had found a way to tack votes on a new press regulator onto other government bills setting up, for example, a National Crime Agency or a new law on defamation.

BBC: Press law - So why did he do it?

Even accounting for the cost of setting up a regulator and a fall in corporation tax paid by the tobacco companies, the researchers estimated there was a large amount of extra tax to be made.

BBC: Health

Today I am setting out how we will equip the new regulator with tougher powers, backed by fines, to inspect, investigate and intervene where hospitals are failing to meet hygiene standards.

BBC: NEWS | UK | UK Politics | Alan Johnson's speech in full

That is what I asked a regulator involved in the multi-jurisdictional investigation of banks involved in setting these bank-to-bank rates.

BBC: Barclays�� chairman in firing line

The housing minister's 30-year housing transformation programme also included setting up a strategic housing unit, creating an independent regulator and establishing a States-owned housing company.

BBC: Panel agrees to Jersey States housing rents rise

As the official regulator it has the final say, but royal colleges are still involved in setting professional standards.

BBC: Top doctors 'not ready for posts'

"We're working with certain government entities on setting up the mechanism" for continued funding, said Mr. Wang, a former securities regulator in China who is also known as Jesse Wang.

WSJ: China's CIC Works on Funding Mechanism