Insurance consultants and insurance managers must possess financial resources commensurate with the scale and nature of their insurance consultancy or management activities. There are no minimum capital and net assets requirements applicable to insurance consultants and insurance managers. However, Principle 9 does apply and the CBB may suspend or revoke the license of any insurance consultant or insurance manager whom it reasonably considers does not possess financial resources commensurate with the scale and nature of its insurance consultancy or management activities.