A switching regulator includes an inductive load. A monolithically integrated active free-running element includes an npn transistor switching the inductive load to generate a free-running current carried by the transistor. The transistor has a base terminal and collector and emitter terminals defining a collector-to-emitter voltage. A drive circuit has an output terminal connected to the base terminal of the transistor to trigger the transistor for operating the transistor largely into the saturation range, whenever the collector-to-emitter voltage of the transistor is positive.