The Financial Services Authority (FSA) will release its final consultation paper on the platform market before the Olympics begins, Investment Week understands.
Sources have said the paper - the final consultation before the rules governing platforms after the Retail Distribution Review are released later this year - will be out next month, ahead of the start of the London 2012 Olympics which kicks off on 27 July.
The paper should finally reveal whether rebates currently paid by fund groups to platforms and cash rebates will be allowed to continue. Many industry experts expect rebates to be banned, despite calls for them to be allowed to continue.
It will also set out the regulator's final proposals to make platforms more transparent, via unbundling pricing models.
The next consultation follows a policy statement released late last year, in which the FSA said it would prefer if rebates were banned.
Taking its lead from the Financial Services Consumer Panel, it said it felt rebates could create product bias.
Such a wholesale change has already caused the regulator to push back the implementation of the platform rules until after 2013, in order to give firms time to overhaul their business models.
However, comments from the FSA suggest it will almost certainly be pushing ahead with the rebate ban.
Market participants are becoming dubious about the timescales, and some have said privately they expect the rules for platforms may not be implemented until 2014.
The FSA declined to comment on the timescales involved.
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