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</html><thumbnail_url>https://www.ebf.eu/wp-content/uploads/2018/11/TRADEECONOOUTLOOK.jpg</thumbnail_url><thumbnail_width>1588</thumbnail_width><thumbnail_height>876</thumbnail_height><description>The European Banking Federation (EBF) welcomes the ESMA consultation ESMA consultation on proposals to review MIFID II best execution reporting regime, as well as the EC legislative proposal dated 25th November 2021 to delete RTS 27 reporting.The EBF considers that the RTS 27 and RTS 28 reports provide very little added value to investors and we believe these reporting requirements should be permanently removed from the level 1 text.</description></oembed>
