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MIR 4.12.4

Past version: effective from 21/10/2015 - 20/10/2015
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In relation to 4.12.2(a) above, a Recognised Clearing House shall offer to

(a) keep separate records and accounts enabling its Members or participants to distinguish in accounts with the Recognised Clearing House its assets and positions from those held for the accounts of its clients ('Omnibus Client Segregation'); or
(b) keep separate records and accounts enabling its Members or participants to distinguish in accounts with the Recognised Clearing House the assets and positions held for the account of a specific client from those held for the account of other clients ('Individual Client Segregation'). If requested, the Recognised Clearing House must offer Members or participants the possibility to open more accounts in their own name or for the account of their clients.