The CBB has the power to examine, investigate and or require independent expert assessments of compliance with the requirements in this Module. Where there are deficiencies in a licensee’s compliance with the requirements of this Module, the CBB will direct the licensee to take appropriate remedial action. Where this is not done or is ineffective, it may call into question whether the licensee continues to satisfy the relevant licensing conditions. It may also cast doubt on the fitness and propriety of the board of directors and CEO. Based on the circumstances of the case, the CBB will consider whether formal supervisory action should be taken against the licensee, or the individuals concerned. The CBB has the power to take the necessary enforcement actions in accordance with the CBB Law and Module EN against the licensee, its board and senior management as appropriate.