Insurance licensees who were licensed prior to the publication of Volume 3 of the Rulebook do not need to resubmit an application for a license. Their license category, and the scope of their authorisation, will be confirmed in an exchange of letters. Such licensees, however, will have to comply with the other requirements of the Rulebook, as set out in Module ES (Executive Summary), unless different transition arrangements have been agreed in writing with the CBB beforehand.