How brokers operate
Dealing models, liquidity arrangements, margin and leverage mechanics, client classification — we build the regulatory story around the business you actually run, not a generic template.
Business model & regulatory strategyManama · Kingdom of Bahrain
26 North 50 East helps international brokers establish regulated operations in Bahrain — from regulatory strategy and application readiness through operating model implementation and market launch. One firm, end to end. Senior practitioners, direct regulator experience, complete discretion.
What we know
Licensing a brokerage is not a paperwork exercise. It is convincing a serious regulator that a real, well-run business is arriving. That takes advisers who understand both sides of the conversation.
Dealing models, liquidity arrangements, margin and leverage mechanics, client classification — we build the regulatory story around the business you actually run, not a generic template.
Business model & regulatory strategyTrading platforms, liquidity bridges, payment providers, client-money safeguarding, reporting systems — we specify the operating model the CBB expects to see, and help you stand it up.
Operating model implementationOnboarding, appropriateness, marketing rules, introducing-broker networks — we design client acquisition that grows the book without putting the licence at risk.
Regulated distribution & conductThe CBB licenses management teams, not documents. We prepare your people, your numbers and your plan so the regulator sees a firm it wants in its market — from the first meeting.
Regulator positioning & liaisonServices
Start with a readiness assessment, commit to the full programme, or bring us in to run what you have already started. Every engagement is fixed-fee and led by the same senior team throughout.
01
A fixed-fee diagnostic before you commit to anything.
Two to three weeks
02
The complete path from strategy to a licence in hand.
Through to approval
03
We take you to market and stay for the years that matter.
Three-year retained mandate
Fee model
Licensing engagements fail on scope drift. Ours are priced by phase, agreed before work begins, with milestones tied to regulator outcomes — not hours billed.
| Engagement | Structure | What triggers payment |
|---|---|---|
| Readiness assessment | Single fixed fee | On delivery of the readiness report and roadmap — credited against the full programme if you proceed |
| Full licensing programme | Fixed fee, staged across milestones | Engagement start · application formally accepted by the CBB · in-principle approval granted |
| Launch & retained support | Monthly retainer, three-year term | Monthly, with the rate fixed for the full term at signing |
CBB application and annual licence fees are payable directly to the regulator and are always quoted separately, so you see our fee and the official cost side by side. Committing to the three-year retained mandate at signing reduces the licensing-programme fixed fee.
Compliance & specialisation
We do one thing: regulated market entry to Bahrain for brokers. That narrowness is the point — we have walked this exact route before, we know what the CBB asks and in what order, and nothing about your application will be our first time.
And compliance is not our afterthought — it is our core discipline. Engagements are led by practitioners who have held controlled functions in CBB-licensed institutions, so the frameworks we build are designed to pass supervision in year three, not just approval in month six. We remain a deliberately quiet firm: no published client names, principals introduced under NDA at the first consultation.
Engagements led by a practitioner qualified as a Money Laundering Reporting Officer under CBB approved-persons requirements.
Day-to-day familiarity with CBB supervisory teams, processes and expectations across licensing directorates.
The team that writes your application is the team that files your returns in year three — nothing is handed off.
Enquire
Tell us the activity you intend to license and where you are in your planning. We respond within two business days with an initial view on category, capital and timeline — no obligation, no disclosure.
All enquiries are held in strict confidence. We are happy to execute a mutual NDA before any substantive discussion.