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Bob Penn

Partner

London

Penn Bob
Bob Penn

Partner

London

Bob advises banks, asset managers, market infrastructure providers and other financial institutions on a wide range of national and international regulations. He has led our substantial work on the European financial services reform agenda, including advising on revisions to capital requirements, the introduction of recovery and resolution plans and retail ring-fencing for banks and on changes to derivatives markets.

Bob is the author of two chapters in the Oxford University Press publication on Financial Markets and Exchanges Law, covering UK recognised investment exchanges and clearing houses and alternative trading systems respectively. Bob gave evidence to the UK Parliamentary Commission on Banking Standards in relation to proposals for the ring-fencing of retail banking activities in the UK. He sits on the IIF Special Committee on Effective Regulation and the BBA High Level Group on Financial Stability.

Bob is recognised as a leading individual for regulatory advice by Legal 500, Chambers & Partners and IFLR 1000 and is regularly quoted in the press on regulatory matters.

News & insights

News: 11 FEBRUARY 2020

Allen & Overy hosts Inaugural Canadian Banks Workshop

Allen & Overy hosted our Inaugural Canadian Banks Workshop in Toronto, Ontario on January 30, which brought together legal and business teams from RBC, Scotiabank, BMO and T.D. Bank, for a one-day seminar on how to handle a shifting regulatory and legal landscape.

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Publications: 31 JANUARY 2020

Paving the way to the UK’s departure from the EU – an overview of the key provisions of the European Union (Withdrawal Agreement) Act 2020

Following the Conservative Party’s victory in the UK’s general election in December 2019, the priority for both the UK and the EU27 in relation to Brexit was the approval, ratification and implementation of the deal agreed at a political level between the European Commission and the UK in October 2019 on the terms of the UK’s departure from the EU (the Withdrawal Agreement).

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Publications: 15 JANUARY 2020

The Brexit transition period – business as usual for mainstream debt capital market issuance for now

The securing of a significant majority by the Conservatives in the December UK general election means that it is now likely that the UK will indeed leave the European Union (EU) on 31 January 2020. 

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Publications: 17 DECEMBER 2019

Dramatic December Election - Consequences for Financial Services Regulation

As the UK processes the result of December's general election and the political drama that entailed, we reflect on what it means for financial institutions’ Brexit plans.

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Office

London

Allen & Overy LLP
One Bishops Square
London
E1 6AD

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Qualifications

Professional

Admitted as solicitor, England and Wales, 1999

Academic

LPC

MA, Classics, University of Cambridge, 1995

CPE, 1996