Debarment and suspension prohibit intermediaries from taking new assignments and require compliance with regulator directions on investor assets. On and from the date of debarment or suspension, an intermediary must not undertake any new assignment or launch new schemes and must cease intermediary activities for the period of debarment or suspension, while remaining subject to Board directions regarding records, documents, securities or investor money in its custody or control. On and from the date of cancellation, the intermediary must immediately cease all intermediary activity and comply with the Board's directions concerning transfer of any investor records, documents, securities or money in its custody or control.