Licensees seeking an approved person authorization for an individual must satisfy the CBB that the individual concerned is "fit and proper" to undertake the controlled function in question. Financial institutions wishing to be licensed as a representative office to undertake regulated representative office services within or from the Kingdom of Bahrain must apply in writing to the CBB. Such activities will be deemed to be undertaken within or from the Kingdom of Bahrain under either of the following circumstances:

• The person concerned uses an address situated in the Kingdom of Bahrain for its correspondence.
• The person concerned directly contacts clients residing within the Kingdom of Bahrain.

An application for a license must be in the form prescribed by the CBB (Form 1) and must contain the following:

• A business plan specifying the type of business to be conducted
• Application forms (Form 2) for all controllers
• Application forms (Form 3) for all controlled functions

Each applicant applying for approved person status and individuals occupying approved person positions must comply with the following conditions:

• Has not previously been convicted of any felony or crime that relates to their honesty and/or integrity, unless they have subsequently been restored to good standing
• Has not been the subject of any adverse finding relating to fraud in a civil action by any court of competent jurisdiction
• Has not been adjudged bankrupt by a court unless a period of 10 years has passed, during which the person has been able to meet all their obligations and has achieved economic stability.
• Has not been disqualified by a court, regulator or other competent body as a director or as a manager of a corporation
• Has not failed to satisfy a judgement debt, under a court order, resulting from a business relationship
• Must have personal integrity, good conduct and reputation
• Has appropriate professional and other qualifications for the controlled function in question
• Has sufficient experience to perform the duties of the controlled function