ESMA has published a follow-up report to its peer review on best execution under MiFID which assesses whether deficiencies identified therein in respect of 15 national competent authorities (NCAs) had been addressed. ESMA published the peer review report in February 2015 which found that the level of implementation of best execution provisions and the level of convergence in the supervisory practices by NCAs was relatively low. In the follow-up report, ESMA concludes that there have been improvements in the level of attention paid by the NCAs to the supervision of best execution requirements, although a number of deficiencies have not yet been addressed. The report contains a detailed assessment of the follow-up actions taken by each NCA.