Context
In its most recent Regulatory Round-Up e-mail, the FCA has commented, from an operational resilience perspective, on preparing for the switch from analogue to digital phone lines.
Key points to note
- The current analogue phone network (known as the Public Switched Telephone Network or PSTN) is starting to be switched off across the UK. It will be completely decommissioned by the end of 2025 as we transfer over to a digital phone network, delivered through Voice over IP (VoIP).
- This is a major change to the UK’s telecoms networks and will affect anything that currently plugs into existing analogue telephone wall sockets. Firms should be making plans to ensure there is no disruption to the services they provide.
Next actions
Firms can find out more about the switch, and should review the information and take action where needed.