Uncategorized

UK to ban all cold calls selling financial services

brian news

Interesting to see that the UK is to ban all cold calls selling financial products as part of a national crackdown on scams. While unsolicited scam calls are undoubtedly an increasing problem, the issue doesn’t emanate from the regulated sector – the FCA / ICO regimes already severely restrict unsolicited calls to retail customers. The real challenge is to tackle criminals operating wholly outside regulation and often from overseas: