
The constant public outcry for effective regulation of PR practices, especially in the fields of financial PR, lobbying Public Affairs and Political PR is bewildering. This is because these areas are highly sensitive.For example, because Lobbying and Public Affairs are very close to the democratic process there is always a high demand for transparency from lobbyist and consultants when interacting with the political institutions. However, situations where Public Affairs consultants are caught boasting to their clients about using their access to high profile government institutions to get them desired results have made people question the effectiveness of the regulatory process.
A point in case was the Draper gate case in June 1998, where Derek Draper, a public affairs consultant in London, was filmed by an undercover reporter from the Observer boasting about the access he can grant his clients to high profile Labour Party activist. His actions was condemned by a professional commission formed to investigate the allegation and there were recommendations for tougher regulations.This caused a sleaze in the Labour Party. Similar to this case was the allegations made against Kevin Reid, of the defunct
Beattie Media in Scotland, who was said to have laid claims to contacts in the Scottish Parliament, with specific reference to his father John Reid, a Secretary in the Scottish Parliament.
Such corrupt practices always lead to the demand for tougher regulations by the public, organisations and institutions, such as Parliament and the Financial Services Authority (
FSA). The 7
th July 2007 edition of the PR week sheds more light on the situation when it reported that, Public Affairs (PA) agencies were under pressure from parliament to "sign up to a controversial code of practice". It goes on further to warn that, the Financial PR sector might suffer a similar fate, because a recent review by the Financial Services Authority (
FSA) "on controls relating to public takeovers" has indicated that there are high levels of information leakage from PR practitioners. Thus, the
FSA has recommended a new set of codes: Which aims at decreasing information leakage on share prices before they are made public.