The CNMV suggests that the European Commission reverse the breakdown of analysis and execution costs of MiFID II

The Spanish regulator has recently sent the European Commission its comments to the public consultation that Brussels launched in February on possible reforms to the regulations of the European stock market, MiFID and MiFIR.

The Comisión Nacional del Mercado de Valores (CNMV) urges the European body to carry out a "radical reconsideration of MiFID II on the Unbuilding". EFFAS has already expressed its concern on this matter in the letter addressed last November to the heads of the European Commission and ESMA. The full content of this letter can be found at this link: https://effas.net/images/pdf/position-papers/EFFAS_comments_on_MiFID_II_29-11-2019.pdf.