Iceland could become a "journalism haven" if a proposal put forward by some Icelandic MPs aided by whistle-blowing website Wikileaks succeeds.
The Icelandic Modern Media Initiative (IMMI), calls on the country's government to adopt laws protecting journalists and their sources.
It will be filed with the Althingi - Iceland's parliament - on 16 February.
If the proposal succeeds it will require the Icelandic government to consider introducing legislation.
Julian Assange, Wikileaks' editor, told BBC News that the idea was to "try and reform Iceland's media law to be a very attractive jurisdiction for investigative journalists".
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