There are several fundamental reasons why the state should not involve itself in the regulation of the press. However, there are also more practical reasons why selfregulation can be a preferable alternative, benefitting journalists and the public alike. It is flexible, non-bureaucratic and highly effective at delivering practical solutions to problems. Ultimately, self-regulation can raise standards and provide effective redress to those who are wronged by the press. But it does so by working with journalists, not against them. What follows is an examination and analysis of the origins and practices of the press regulatory bodies of the United Kingdom and the Republic of Ireland, together with an exploration of current issues and solutions adopted, and the identification of future issues deriving from convergence, accountability and effectiveness.