In Britain Lord Justice Leveson says the Press Complaints Commission has failed and he is recommending it is abolished.
His report into the Culture, Practice and Ethics of the Press has been published this afternoon.
He has suggested the British broadcast regulator Ofcom has a key role in overseeing a new, independent and self-regulatory body.
Newspapers could be fined up to stgĀ£1 million if they over-step the mark.
Lord Leveson says it does not amount to statutory regulation of the press.
'Too close a relationship'
He says politicians of all parties had developed what he called "too close a relationship with the Press".
He claims it has been done in a way which has not been in the public interest and is recommending more transparency about meetings and the frequency of contact.
He also criticised the original police inquiry into phone hacking at the News of the World in 2006 saying there had been a series of poor decisions.
But he says there was no extensive evidence of police corruption or a lack of integrity.
He also suggests that former Met Assistant Commissioner John Yates was ill-advised to get involved in the investigation into News International where he had friends.
And on the issue of the role of Jeremy Hunt in the News Corporation proposed takeover of BSkyB he found there was no bias on the part of the former Culture Secretary.
In a statement today he said there must be change.