Whilst Ofcom is directly accountable to Parliament, our funding comes from fees charged out to the sectors we regulate. We make sure people get the best from their broadband, home phone and mobile services, as well as keeping an eye on TV and radio. Reduced restructuring activity has seen restructuring costs decrease by £0.6m to £0.3m (2018/19 £0.9m). I do hope that the OfCom is under the Ministry of Truth in … on behalf of HM Treasury of which £56.8m (2018/19: £54.3m) was retained to fund some of Ofcom’s core responsibilities, including Spectrum Management. Ofcom is the regulator and competition authority for the UK communications industries. Our responsibilities include the collection and transfer of licence fees collected under the Wireless Telegraphy Act 2006 (WTA), geographic telephone numbers, additional payments from broadcasting licensees and the levying of fines and penalties on stakeholders. A total of £312.8m was transferred to Government accounts in the financial year. Ofcom will provide guidance to help businesses understand whether the services they provide would fall into the scope of the regulation. The surplus of £2.6m will be adjusted for as part of 2020/21 grant-in-aid. Any surplus funds arising as a consequence of budgetary savings achieved during the financial year are returned to stakeholders through a reduction in the annual tariffs raised in the two following financial years. MUMBAI: The Office of Communications (Ofcom), UK’s government-approved regulator for the broadcast sector, has fined Arnab Goswami-owned Hindi news channel Republic Bharat GBP 20,000 for airing “highly offensive hate speech” during one of its shows, ‘Poochta Hai Bharat’. Ofcom present the costs relating to Spectrum Clearance separately to clearly differentiate from the core Ofcom operational activity. The Community Radio Fund helps to fund the core costs of running Ofcom-licensed community radio stations. The culture secretary, Nicky Morgan, and the home secretary, Priti Patel, said Ofcom’s existing position as broadcasting regulator made it suitable to enforce rules to keep the internet safe. Whilst Ofcom is directly accountable to Parliament, our funding comes from fees charged out to the sectors we regulate. For information on these cookies and how to remove them, read our cookies policy. The fees, payments and penalties are reported, with further detail provided, within these Financial Statements in Note 23 to the accounts, with further information in Annex 1 on page 156. Panelists: Magnus Brooke, Director of Policy and Regulatory Affairs, ITV Jackie Edwards, Head of the Young Audiences Content Fund, BFI Oli Hyatt, Animation UK John McVay, Chief Executive, Pact Ben Roberts, Director, BFI Film Fund Megan Thomas, Senior Policy & Public Affairs Executive, Channel 4 The band is being cleared to make the spectrum available for mobile data. We received income totalling £79.2m (2018/19: £72.1m). Alternative Dispute Resolution (ADR) scheme; people are able to use communications services, including broadband; a range of companies provide quality television and radio programmes that appeal to diverse audiences; viewers and listeners are protected from harmful or offensive material on. These transactions are not included in the Financial Statements. The Ofcom Defined Benefit Pension Plan actuarial valuation shows a surplus of £0.4m. The allowance may be used to contribute to the Ofcom defined contribution stakeholder pension plan. If you ask us for an internal review of our decision, it will be It’s full name is the Office of Communications. We consider every complaint we receive from viewers and listeners. How much money they award themselves from the The regulator has imposed the sanction on Worldview Media Network, which operates the channel in the UK. Ofcom is the regulator for the communications services that we use and rely on each day. More information on the programme is provided in annex 8. We are independent, and funded by fees paid to us by the companies we regulate. An accounting surplus is required to cover expenditure not reflected in the Statement of Comprehensive Net Income, including capital expenditure and deficit recovery payments necessary in respect of the two defined benefit pension plans. One of the ways in which Ofcom funds its activities is to charge certain companies an annual administration fee. We are also a net contributor to HM Treasury; Ofcom collected £373.3m of fees and penalties in 2019/20, of which we retained £56.8m to fund our spectrum management and other relevant duties. The Office of Communications (Welsh: Y Swyddfa Gyfathrebiadau), commonly known as Ofcom, is the government-approved regulatory and competition authority for the broadcasting, telecommunications and postal industries of the United Kingdom. Find out more. Licence fee money should not be used to fund future regulation of the BBC, Scotland's culture secretary has said. :: Ofcom Riverside House 2a Southwark Bridge Road London SE1 9HA 020 7981 3000 www.ofcom.org.uk. The 2020/21 budget is in line with the HM Treasury’s spending cap set for Ofcom. Ofcom is the communications regulator in the UK. Both plans are closed to new entrants and benefits accruals ceased on 31 May 2011. Instead, these can be considered by alternative ‘dispute resolution’ services. Accept cookies
As part of this, we also received £0.7m of grant funding from Innovate UK under the Regulators Pioneer Fund, for innovative work on the use of blockchain for UK telephone number management. All costs relating to Spectrum Clearance are reported separately from Ofcom’s core responsibilities in the financial statements. Further detail on this is set out on page 56. Almost 62% of our total cost base relates to staff costs, with a significant part of the remaining cost base fixed in relation to property and systems costs. Information for the TV, radio and on-demand industry, broadband, home phone and mobile services, alternative ‘dispute resolution’ services. UK regulator Ofcom fined BT £6.3m after it had failed to meet regulatory obligations during procurement for a major public sector telecoms services contract in Northern Ireland. This is particularly important for vulnerable or older people. As part of the ongoing activity to manage and mitigate risks of the plans, further insurance-backed benefit buy-ins in respect of pensioner members will be considered in the future. Cash payments, rather than the amount charged to operating surplus as calculated under IAS19, are included in operating expenditure outturn used to calculate the tariffs charged to stakeholders each year. The large accounting surplus and deficit over the past two years are non-recurring events. Ofcom warns that with funding under pressure and viewers turning away in favour of global streaming services, traditional PSBs may not survive in the online world unless broadcasting laws and regul But I wanted to know more about this OfCom. We provide advice and information to thousands of people each year, through our website and call centre. We also help to make sure people don’t get scammed and are protected from bad practices. Our duties come from Parliament. Following the introduction of IFRS 16, property lease costs are presented on a separate line in the operating expenditure, Depreciation ROU lease assets. The Broadband USO is being run by Ofcom with KCOM and BT the two broadband retailers given the task of implementing it following the rules set by Ofcom. We also help to make sure people across the UK are satisfied with what they see and hear on TV and radio, and that programmes reflect the audiences they serve. The actuarial valuations for both schemes as at 31 March 2018 highlighted a combined funding surplus of £0.4m. Information for the TV, radio and on-demand industry, Ofcom's Annual Report and Accounts 2019/20. We look after the airwaves used by wireless devices like cordless phones, walkie talkies and even some car keys and doorbells. Viewers took to Ofcom to complain about Holly's outfit (Image: ITV) Others were from angry viewers offended by Holly's cleavage, with some claiming it was obscene for a pre-watershed show. The note also reconciles income on the same basis and presents Ofcom’s actual operating outturn and income by sector. We would emphasise that the specimen bond is for illustrative purposes and is just one means by which a Code operator can fulfil its obligations under Regulation 16. Ofcom is the UK's communications regulator. Notes 1(k) and 20 to the accounts provide further detail. Gives grants to help fund the core costs of running community radio stations. Over the past 15 years, we have continued to deliver year on year, like-for-like real-terms budget reductions. Ofcom published the 2020/21 Tariff Tables on 31 March 2020, based on the budget of £131.9m set for 2020/21 and incorporating the differences between the budgeted costs for 19/20 and the actual results, per sector. Once the net cost is determined, Ofcom will decide whether it would be unfair for the provider to bear some, or all, of the cost. Accept cookies
It is the taxman, unable to discuss poetry. These are regulated by the Advertising Standards Authority; what people write or post on the internet. Core functions funded include: fundraising to support the station (e.g. Ofcom is also working on licence renewals. The main operating variances from the prior year are due to: Staff costs increased by £2.4m to £79.2m (2018/19 £76.8m). The 2020/21 budget has increased from the 2019/20 budget due to our new Video Sharing Platform (VSPs) regulatory duty and increased spend on both the Universal Service Obligation and Network Security and Resilience work areas. The significant variance to the prior year reflects the inclusion of the provision of £232m in the 2018/19 financial statements which was funded by DCMS and settled in this financial year. Note 2 of the accounts within Section C reconciles the total operating expenditure as presented in the Statement of Comprehensive Net Income to Ofcom’s actual operating outturn. During the 2019/20 financial year Ofcom collected £373.3m (2018/19: £1,688.6m1. premium-rate telephone services. We register complaints from people and businesses, which helps us to take action against firms when they let their customers down. However, the 2019/20 financial statements show a surplus of £22.4m, in part because the pension liabilities under the financial statements are prepared on the basis that the liabilities are discounted in line with the yields on high-quality bonds which, under current market conditions, differ significantly from the approach used for determining Ofcom’s contributions. In 2010, Ofcom published a statement setting out a specimen performance bond as an example of the type of instrument that code operators could choose to put in place in order to secure provision of funds. The operating revenue required by Ofcom to fulfil its duties and deliver its programme of work for any financial year is calculated based on Ofcom’s statement of charging principles. Over the past 15 years, we have continued to deliver year on year, like-for-like real-terms budget reductions. Government has made grant-in-aid funding available for the grant scheme to allow Ofcom to disburse grants to scheme participants. Stewart Purvis, former CEO and Editor-in-Chief of ITN and Ofcom Partner for Content and Standards. As a consequence of the risk mitigation work between Ofcom and the Trustees and Actuaries of both pension plans, approximately 80% of the plans’ liabilities are now backed by annuities. The fees and charges will vary by sector as they reflect planned work for 2020/21, along with the variances between the 2019/20 budget and the actual final expenditure. Press TV (stylised as PRESSTV) is an Iranian state-owned news and documentary network that broadcasts in the English and French languages. BT slumped on the back of the news on Monday. Ofcom - Community Radio Fund. The communications watchdog Ofcom will take over regulation of … 1 £1.3bn of receipts were collected in 2018/19 relating to the conclusion of the spectrum auction of the 2.3 and 3.4 GHz bands. ) Ofcom proposes their approach which includes considering: the cost to Ofcom and industry of establishing and administering an industry fund; That’s reassuring. For 2020-21, grants have been provided as emergency cash funding to support stations facing severe financial difficulty due to the coronavirus (“Covid-19”) outbreak. Ocom regulates the TV and radio sectors, fixed line telecoms, mobiles, postal services, plus the airwaves over which wireless devices operate, and make sure that people in the UK get the best from their communications services and are protected from scams and sharp practices, while ensuring that IT costs increased by £1.4m as we refreshed our IT estate; Temporary staff and recruitment costs increased by £0.8m to cover vacancies; most of the increase in temporary staff costs is as a result of the need to quickly staff up in the network security and resilience area whilst permanent recruitment was underway for the specialist skills required, and also in the People & Transformation Team following a restructure. Both areas have now completed permanent appointments; Outsourced Services increased by £0.4m in respect of preparatory work for the upcoming auction of 700 MHz and 3.6 – 3.8 GHz Spectrum bands; Premises costs decreased by £0.8m as we recognised a rates credit in respect of Riverside House. This fee is determined by the total revenues generated by the company. Spectrum Clearance expenditure amounted to £76.7m in 2019/20 (2018/19: £72.5m), which includes £73.7m of grants paid to grant scheme participants. The accounting surplus for the financial year after tax, recorded in the Statement of Comprehensive Net Income for the year under review, was £226.7m (2018/19: £229.6m deficit). Reassured that licence renewals are in hand functions funded include: fundraising support... Worldview Media Network, which includes £73.7m of grants paid to grant scheme participants Iranian state-owned news and Network! Website and call centre by £0.6m to £0.3m ( 2018/19 £3.3m surplus ) was within 0.2 % our. 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