segregated accounts
as defined in Regulation (EU) 2019/2033 of the European Parliament and of the Council of 27…, Article 4(1), point (49) (Definitions)
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 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