Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

LR 8.1 Application

Sponsors and applicants

LR 8.1.1RRP

1A sponsor must comply with:

  1. (1)

    LR 8.3 (Role of a sponsor: general); 4

  2. (2)

    LR 8.4 (Role of a sponsor: transactions); 4

  3. (3)

    4LR 8.6 (Criteria for approval as a sponsor); and

  4. (4)

    4LR 8.7 (Supervision of sponsors).

LR 8.1.1ARRP

4A person applying for approval as a sponsor must comply with LR 8.6 (Criteria for approval as a sponsor).

Listed companies and applicants

LR 8.1.2RRP

A company with, or applying for, a premium listing3 must comply with LR 8.2 (When a sponsor must be appointed or its guidance2 obtained) and LR 8.5 (Responsibilities of listed companies).