Sponsor declaration meaning

This Practice Note applies to sponsor licence applications in the Global Business Mobility (GBM)—Senior or Specialist Worker, Graduate Trainee and UK Expansion Worker routes. It explains the definitions and ways to prove the ‘qualifying overseas business link’ that must exist between a UK company or branch and each overseas entity from which it intends to move staff under these routes. The Practice Note also describes the other evidence to be included with a UK Expansion Worker sponsor licence application relating to the overseas enterprise: the UK footprint requirement, overseas trading presence and a credible expansion plan. What is a qualifying overseas business link? Where a UK-based organisation, or a branch of an overseas company, seeks a sponsor licence in the Senior or Specialist Worker, Graduate Trainee or UK Expansion Worker routes, it must clearly demonstrate that there is a qualifying connection between it and the overseas business that will be sending the worker(s). The form of the qualifying link between the entities varies according to the route applied...

[ On headed notepaper of solicitor ] Strictly private and confidential To: [ insert sponsor name ][ insert sponsor address ]Date: [ insert date ] Dear [ insert name ] [ insert name of company ] (the Company) — Application for admission to listing on the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of the London Stock Exchange We are writing regarding the application for the Company’s entire issued and to be issued share capital to be admitted to the Official List of the Financial Conduct Authority (the FCA) (Admission) (the Application). In support of the Application, a prospectus (the Prospectus) has been prepared, setting out the information required for a prospectus in accordance with the Prospectus Rules: Admission to Trading on a Regulated Market (PRM), together with the additional information required by the UK Listing Rules...

STOP PRESS : Significant reforms to the UK prospectus regime came into force on 19 January 2026. New arrangements for public offers of securities and UK admissions to trading now apply, chiefly set out in the Public Offers and Admissions to Trading Regulations 2024, SI 2024/105 (the POATRs), alongside the FCA sourcebook, The Prospectus Rules: Admission to Trading on a Regulated Market (PRM). The UK Prospectus Regulation and the FCA Prospectus Regulation Rules have been repealed. These changes are intended to streamline capital raising and materially lessen the circumstances in which a company needs to produce an FCA-approved prospectus for a further share issue. For full details of the updates, see Practice Note: UK prospectus regime reform. This Practice Note reflects the prospectus framework that was in force before 19 January 2026...