It looks like finish has crept up all the fingerboard edge. It seems like a misguided tape job. There shouldn't be any finish at all on the ebony. I agree about the rolled edge causing the finish to delaminate, but it shouldn't even be there. I'm not sure I agree with the comments on the fret work. It is difficult to tell from the pictures how bad it is. I can say that if you left the finish on by mistake, you'd be reticent to dress the fret ends.