MIR 4.12.6

A Recognised Clearing House should also disclose whether:

(a) the segregated assets and/or client collateral are held by the Recognised Clearing House or unaffiliated third-party custodians that hold assets on behalf of the Recognised Clearing House;
(b) the Recognised Clearing House takes title transfer or if it takes a security interest, whether it has a right of use or re-use of client collateral and when;
(c) the clients' collateral is protected on an individual or omnibus basis or a Clearing Member default for different accounts; and
(d) there are any constraints, such as legal or operational, that may impair its ability to segregate or transfer a Member's or other participant's clients' positions and related collateral.