In the answers received to the 2021 public consultation on the Commission’s retail investment strategy for Europe, many stakeholders, on the industry and consumer’s side, called to simplify, improve, automate and standardize the way investors’ profiles are currently assessed. Some have also expressed support for more focus on the overall investor portfolio composition rather than on individual products. Taking stock of these results, the Commission’s Services are currently exploring different ways to improve the suitability and appropriateness regimes to address the above-mentioned issues. By means of this targeted consultation, the Commission Services intend to complement the 2021 public consultation exploring the feasibility of a new retail investor-centric assessment.