Consultation on Review of the MiFID II framework on best execution reports

This document is of interest to execution venues, investment firms and their associations, investors, consumer associations, as well as any market participant engaged in the execution of orders under the MiFID II framework.

ESMA invites comments on all matters in this paper and in particular on the specific questions summarised in Annex I. Comments are most helpful if they:

• respond to the question stated;
• indicate the specific question to which the comment relates; 
• contain a clear rationale; and
• describe any alternatives ESMA should consider.

ESMA will consider all comments received by Thursday, 23 December 2021. Please use the provided response form.