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Peter is a litigation partner specialising in Financial Services regulatory issues and is a leading member of the firm’s financial services group, He graduated with an honours degree in law from the University of Bristol in 1997 and then trained with London firm Russell Jones & Walker, where he qualified and specialised in commercial litigation.
Having qualified in private practice, Peter was recruited by the Financial Services Authority’s (FSA) Enforcement Division’s Legal Group, where he was quickly appointed to the position of senior lawyer advising on various high-profile matters arising out of the financial crisis, including the published action taken against individual directors of Northern Rock.
Peter has substantial experience in conducting disciplinary cases before the FSA’s Regulatory Decisions Committee and before the Upper Tribunal (Tax and Chancery Chamber). He has also acted as an FSA prosecutor and helped the regulator secure one of its earliest convictions and a custodial sentence for an unauthorised stockbroker acting in breach of the Financial Services and Markets Act. He also has higher rights of audience (civil) as an advocate which he has exercised in a number of insolvency cases for the regulator.
Department head Peter Wright is widely consulted for his expertise on regulatory issues. He has commented in the Financial Times, New Model Adviser, FT Adviser, Bloomberg Law and a number of other leading media organisations. He has also been consulted as an expert and delivered lectures on regulatory issues to various professional networks including the UK Fraud Lawyers Association.
At the FSA, Peter regularly spoke on financial services issues at international seminars organized by the regulator. His knowledge and experience has also been sought by other domestic and international law enforcement agencies and he has appeared as an expert witness for the Serious Fraud Office.
An experienced litigator in the High Court, Peter often obtains emergency orders in relation to various forms of investment fraud, both in a domestic and international context in relation to share frauds, illegal deposit taking schemes and other activities. He also conducts litigation matters in corporate and commercial, civil fraud, insolvency litigation and disciplinary cases, including sports disciplinary work.
Peter has been listed in Financial News' top 40 under 40 rising stars in legal services, 2014, a list comprising some of the brightest and most talented young lawyers who have “helped drive the development of Europe’s financial legal industry”.
"He is very good at negotiating positions and demonstrating something to the authorities, giving the opposition pause for thought that they have to do things differently."
(Chambers UK, 2019)
"Incredibly knowledgeable and calm"
(Legal 500, 2019)
Peter Wright is said to have "really good instincts in terms of litigation and dealing with the FCA."
(Chambers UK, 2018)
Peter Wright is well-placed to ‘advise clients on how the FCA will react and respond’ and provides ‘clear, accurate and sensible advice’ to clients facing FCA investigations.
(Legal 500, 2017)
Peter Wright is ‘excellent in his field’.
(Legal 500, 2017)
Read more of my articles:
UK Finance Report on the SMCR - Regulatory references and other tricky issues under the spotlight