CESR out with CPs on Mifid Best Execution and Transaction Reporting

The Committee of European Securities Regulators (CESR) has launched the fifth round of public consultation relating to its Markets in Financial Instruments Directive (Mifid) Level 3 work programme.

Best Execution is the issue that has raised the most blood pressure in regard to Mifid. Here, CESR issues a number of recommendations to set out a common approach with a view to fostering supervisory convergence. The consultation paper sets out a number of practical proposals and questions for a c

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