FIFA's proposal is different from a "home-grown players" rule proposed by UEFA, European football's governing body.
UEFA define "home-grown players" as team members who, regardless of age or nationality, have been trained by their club or by another club in the national association for at least three years between the ages of 15 and 21.
The Commission has approved the UEFA arrangement because, says Brussels, it contains no conditions based on nationality.
FA chief executive Brian Barwick is unconvinced by FIFA's proposal.
"It's about balance," he said. "We're still great believers in the meritocracy that players should be in the team on performance and on ability first and foremost.
"Also European law at the moment is pretty exacting on these issues and unless those hurdles can be overcome there are still issues to take forward."