10 European industry associations, including BBA and LIBA from the UK, have responded to CESR's call for evidence on the impact of MiFID on equity secondary markets. They stress any evidence so far is provisional, as MiFID has been in force for only a year. Also the market turmoil makes it difficult to assess which effects are because of MiFID and which because of market conditions. The response notes the flexibility and greater efficiency MTFs have brought to the market, and highlights countries that have not removed some barriers that impede a level playing field across venues. Overall, it sees many improvements, but some deterioration, mainly in respect of data in certain markets.