Securities Services Act, 2004 (Act No. 36 of 2004)Code of Conduct for Authorised Users8. Safekeeping and separation of funds and assets |
| (1) | An authorised user must provide for— |
| (a) | the necessary resources and functionality to ensure that clients are able to contact the authorised user easily and timely; |
| (b) | the separation and identification of the assets of a client and the assets of the authorised user: and |
| (c) | the proper accounting for the assets of each client. |
| (2) | An authorised user may not utilise the assets of clients to finance its business activities. |