/ Client of other financial service providers
The purpose of the investor compensation is to cover claims in relation to securities and similar investment instruments that have arisen due to the fact that a bank or other financial service provider has been unable
a) to repay money owed to or belonging to investors and held on their behalf in connection with investment business, or
b) to return to investors any financial instruments belonging to them and held, administered or managed on their behalf in connection with investment business
according to the applicable statutory and contractual conditions.