individual client account

121as the context requires, either:

1. (a) an account151158 maintained by a firm at an authorised central counterparty for a client of the firm in respect of which the authorised central counterparty has agreed with the firm to provide individual client segregation; or
2. (b) an account151158 maintained 158at a clearing member of an authorised central counterparty at the request of a firm and in respect of an indirect client of the firm,158 in respect of which the clearing member has agreed with the firm to provide segregation arrangements under which the assets and positions held for the account of that indirect client can be distinguished from those held for the account of other indirect clients of the firm, as referred to as an ‘individually segregated indirect account’ in:158
   1. (i) recital 7 to the EMIR indirect clearing RTS; or158
   2. (ii) recital 7 to the MiFIR indirect clearing RTS.158