Where an investment firm licensee is unable to satisfy the CBB that its subsidiaries and other group members are subject to appropriate risk management arrangements, the CBB will assess the potential impact of risks — both financial and reputational — that this poses to the investment firm licensee. The CBB recognises that different types of activity require different approaches to risk management, and it does not necessarily expect arrangements to be in place elsewhere in a group equivalent to those contained in this Module. However, where the CBB assesses that risk management weaknesses in subsidiaries and other group members pose material risks to the investment firm licensee, the CBB may impose restrictions on dealings between the licensee and other group members. Where such weaknesses are assessed by the CBB to pose a major threat to the stability of the investment firm licensee, then its authorisation may be called into question.