This practice note outlines the technical advice and information provided by the Committee of European Securities Regulators to the European Commission during 2010, which helped to inform the Commission's review of the effectiveness of the Markets in Financial Instruments Directive (2004/39/EC) (MiFID).

For details of the Commission's subsequent consultation on the MiFID review, including proposals to amend MiFID and its implementing legislation, see Practice note, Hot topics: MiFID II.