BETTER FINANCE expresses serious concerns over the abrupt and unilateral termination of the financial instruments custody agreement between Zagrebačka banka (UniCredit) and VZMD (Pan-Slovenian Stakeholders' Association). The termination has left over a thousand retail investors in a vulnerable position, unable to access or transfer their assets. This letter highlights the failure to comply with EU regulations on de-risking and calls for a critical reconsideration of the decision to protect the rights of retail investors and civil society organisations.

Read the full letter: betterfinance.eu