Blast From the Past: MiFID II’s Best Ex Reports Still Hindered by Divergence
By Hugo Bromley
January 27, 2020, Practice Insight from IFLR
MiFID II’s best execution reports are being underutilized and firms do not understand how to comply with a recent update to the regulations, several sources have told Practice Insight.
The directive’s best execution obligations – regulatory technical standard (RTS) 27 – require that firms publish freely-available reports on execution quality, on their website in a machine-readable format.