Structured Products Europe: Disappointment over EC’s failure to adopt RDR

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The European Commission may have missed its chance to adopt a commission ban similar to the one contained in the UK's Retail Distribution Review (RDR), according to a senior regulator at the Belgian Financial Services and Markets Authority (FSMA).

Jean-Michel Van Cottem, head of the department of policy and international relations and market infrastructures at the FSMA in Brussels, said the EC had the opportunity to implement such a policy but it now appears the RDR may not be rolled out across