FSA torn over rebate ban; Platform paper delayed by months

Speaking at the platform's conference earlier this month, Eppinger says a final decision on platform proposals - which include a rebate ban - could be delayed by up to 90 days and reveals the regulator has "a problem on its hands". "I think they are in a bind - they made so much noise at the beginning it is hard for them to back down," he says. Eppinger said the debate surrounding rebates and bundled/unbundled charging - in addition to changes to remuneration, capital requirements and qualification requirements - are complicated issues requiring a fundamental change to business models...