NBFIRA · LIC-NBFIRA-20
NBFIRA – Market Maker Licence
Licence for providing liquidity in securities markets.
A fixed professional fee with a clear turnaround. After payment you complete a short intake form — we email you the link so you can finish on any device once your documents are ready.
Full details: requirements & process
For entities providing liquidity in securities markets by continuously quoting buy and sell prices.
Prerequisites
- Company or business must be registered in Botswana.
- Directors / principals fit-and-proper test requirements met.
- Adequate capital and infrastructure per regulator thresholds.
Required Documents
- Certificate of Incorporation and CIPA Form 2.
- Certified copies of Omang / Passports for directors and shareholders.
- CVs and fit-and-proper declarations for key management.
- Business plan and financial projections (3-5 years).
- Proof of physical business premises (lease or title deed).
- Tax clearance certificate from BURS.
Engagement Process
- Submit enquiry with preliminary information via the product form.
- Receive engagement letter and fee proforma from The Secretary.
- Provide required documents and complete KYC where applicable.
- We prepare, file, and follow through with the regulator on your behalf.
- Delivery of licence, certificate, or approval — with post-grant advisory.
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