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Bob Penn



Penn Bob
Bob Penn



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

Publications: 15 OCTOBER 2020

The MiFID Review - a ‘stocktake’ on recent publications impacting wholesale financial markets participants

Over the last two months, the industry have seen a number of proposals from both the European Commission and ESMA in relation to the MiFID Review.

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Brexit hero image

Publications: 03 AUGUST 2020

Brexit and its impact on the cleared derivatives markets: a primer

The UK left the EU on 31 January 2020 and is in a transitional period that ends on 31 December 2020. During this period, EU law continues to apply in and to the UK and UK financial services firms…

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Publications: 05 MAY 2020

Covid-19 coronavirus: UK business loan package – are you eligible to participate?

The UK government has announced a number of measures designed to respond to the economic shock arising from Covid-19 coronavirus (Covid-19) – these include providing businesses of all sizes with…

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Publications: 17 APRIL 2020

Covid–19 coronavirus update: HM Treasury Coronavirus Large Business Interruption Loan Scheme (CLBILS) Speed Read- updated 19 May 2020

CLBILS is a scheme under which the UK Government will provide a partial guarantee of financing made available to mid-cap and larger businesses.  

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Allen & Overy LLP
One Bishops Square
E1 6AD

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Admitted as solicitor, England and Wales, 1999



MA, Classics, University of Cambridge, 1995

CPE, 1996