Skip to content

UK Plans to Ban Cold Calling on All Financial Services and Products

02 August 2023
professional reading business newspaper

UK Plans to Ban Cold Calling on All Financial Services and Products

Following the publication of its Fraud Strategy in May 2023, the government seeks to extend the pensions cold calling ban to cover cold calling for all consumer financial services and products.

The government seeks views on the design and scope of the ban alongside evidence on the impacts of the proposed ban by 27th September 2023.

HM Treasury has published an open consultation on this proposal which covers:

  • Details of the intended ban;
  • Existing restrictions on cold calling;
  • Scope of the proposed ban;
  • Legislative mechanism and exceptions;
  • Raising awareness;
  • Impacts (on business and persons with protected characteristics); and
  • Call for evidence for Impact Assessment.
Back to news and insights Read next article

Speak to us to request a demonstration

Plenitude’s Fraud Practice can help your firm ensure its fraud controls are effective and efficient in order to meet regulatory obligations, reduce fraud losses and operational costs.
Find out more
Group 1-1