In assessing the impact rating, we will consider a variety of factors such as:

(a) the complexity of the firm's activities and structure, which is dependent on the nature and type of Regulated Activities it conducts. For instance, a firm that holds customers' deposits and assets will be operationally more complex and more difficult to resolve any issues or to supervise into compliance, as opposed to a Regulated Activity that does not involve accepting / holding customers' assets;
(b) the scale of the firm's activities and its linkages with other financial institutions and the wider financial system.