ESMA has published a protocol describing the tasks and responsibilities of the national competent authorities and ESMA staff in the context of the MiFID market transparency regime which requires the national competent authorities for market transparency calculations to make certain calculations regarding shares admitted to trading on a regulated market (and to some extent "liquid shares"). The results of the calculations will be published by ESMA. In order to fulfil the requirements, a specific MiFID database has been set up as a part of the ESMA website. The Protocol also contains practical guidance on how to conduct the calculations as well as the necessary technical instructions.