Monitor has published Applying for NHS foundation trust status: guide for mental health NHS trusts which has been developed so that potential applicants, partnership organisations, commissioners, service user organisations and other stakeholders are aware of the opportunities and risks facing mental health trusts applying for NHS foundation trust status. It also provides guidance on how trusts can develop ways of addressing those risks. Monitor has also auhtorised the first mental health NHS foundation trusts, effective from 1 May 2006. (Monitor - publications) (DH press release)