segregated accounts
Definitions over time (1)
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25/12/2019 – 09/01/2024 Article 4, IFR Regulation Scope: Article 15 Paragraph 2 SubParagraph 1 Table 2
1. For the purposes of this Regulation, the following definitions apply:
‘segregated accounts’, for the purposes of Table 1 in Article 15(2), means accounts with entities where client money held by an investment firm is deposited in accordance with Article 4 of Commission Delegated Directive (EU) 2017/593 ( 23 ) and, where applicable, where national law provides that, in the event of insolvency or entry into resolution or administration of the investment firm, the client money cannot be used to satisfy claims in relation to the investment firm other than claims by the client;
Other definitions of this term in this act (1)
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