Penny Sanders

Director UK, Financial Services Regulation, Gowling WLG

Penny Sanders has been supporting clients in the financial services industry since 2001: from initial considerations of whether a business needs authorisation to operate, through the authorisation process to acting as trusted adviser on regulatory matters as the firm gets down to the business of building profits and a sound reputation.

Penny’s clients include investment and retail banks, insurers, exchanges, platforms, fund managers and intermediaries, challenger banks, blockchain startups, ICO issuers and retail credit providers.

An active Member of the Chartered Institute of Securities and Investment and industry working parties, Penny remains immersed in the financial services sector as it evolves under the impact of European, UK and global regulation.

Penny was recognised in 2017’s prestigious Acritas Stars database as a ‘star lawyer’.

One of the most interesting opportunities I have had was to work with the authorities in Mongolia to set up the legal framework to govern their developing stock market. We started from scratch and developed the law to govern the buying and selling of securities and the rules for the stock exchange to run by. Similarly the new world of ICOs and cryptocurrencies is pushing the regulatory boundries for our team and our clients.