Platforms given week by FSA to answer reporting questionnaire

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The FSA gave platforms just one week to respond to another follow-up questionnaire as it explores "other scenarios" alongside the ongoing cash rebate controversy, it has emerged.

Its latest survey, Additional Questions - Reporting, Notification and Voting Rights, was sent out on 1 April and requested participants respond preferably no later than 8 April to a set of questions which could play an important part in deciding final rules following November's consultation paper. "Following an internal discussion we are considering other possible scenarios," says the letter sent to respondents of consultation paper CP 10/29. "The FSA would like to obtain some further information about the way in which our proposals might impact your business." Whilst platforms were u...

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