This week, the European Federation of Investors and Financial Services Users (Better Finance) has sent the Minister of Finance, Mr. Andrej Bertoncelj, a letter containing warnings as to specific articles of the bill of the Financial Instruments Market Act (ZTFI-1), which was drafted by the Ministry together with the Securities Market Agency (ATVP), and is being read in the National Assembly under urgent procedure.

In the letter, President of Better Finance, Ms. Jella Benner-Heinacher, and Managing Director of Better Finance, Mr. Guillaume Prache, note that it has been already the second time in less than two years that investors and minority shareholders are given limited options to mitigate costs incurred by the financial intermediaries. In so doing, they particularly put stress on the attempts to discontinue the "Share SUPPORT" at the VZMD, and on the unique costs, which are charged by the financial intermediaries in Slovenia for dividend payouts. The letter by Better Finance is to a great extent in line with the recent VZMD's warnings, as well as the  official response by the prominent VZMD's associates.

In addition to Minister of Finance of the Republic of Slovenia, the letter was also sent to the Speaker of the National Assembly, Mr. Dejan Židan, Prime Minister, Mr. Marjan Šarec, VZMD President, Mr. Kristjan Verbič, Vice President of the European Commission in charge of Euro and Social Dialog, Financial Stability and Financial Services as well as Capital Markets Union, Mr. Valdis Dombrovskis, European Commissioner for Justice, Ms. Vera Jourova, and Director-General for Financial Stability, Financial Services and Capital Markets Union, Mr. Olivier Guersent.