Based on section 21and 22of the Financial Markets Act Do you think the segregation of funds provisions in the Financial Markets Act sufficiently protects clients when financial service providers are dealing with their funds? - Explain the reason for your answer.

Marking criteria:

• The discussion of section 21 and 22 in the Financial Markets Act.(4 Marks)
• Explanation of whether you think the sections discussed are sufficient.(2 Marks)
• Application of the section.(2 Marks)