Peter Richards-Gaskin

Peter specialises in banking and financial services litigation and investigations, including complex commercial professional negligence claims, large scale/complex mortgage fraud, and financial services and corporate investigations relating to anti-money laundering, anti-bribery and corruption, financing of terrorism and sanctions.

He also acts extensively for financial services clients in relation to both remediation schemes and out-sourced complaints programmes, as well as providing extensive co-sourced support for in-house schemes. Also experienced in more general banking recoveries, he advises banking clients regularly on contentious issues in relation to regulated activities directly involving customers.

Peter has previously undertaken a long-term secondment as Head of Legal for a major and high profile remediation project for a ‘Big Four’ bank, which in turn led to his involvement on the industry-wide consultation on new dispute resolution mechanisms for SME customers.

Peter’s practice also involves working with the firm’s Public Inquiries team, where he leads large expert teams in providing support to the government legal department on major public inquiries, including the Infect Blood and Covid-19 Inquiries. This includes providing expert legal support to high-profile witnesses during delivery of their evidence before the relevant Inquiry.

His other experience includes:

• The pursuit of civil remedies against perpetrators of white-collar crime on behalf of banks and financial institutions
• Advising financial services institutions in their response to, and preparations for, the new SME dispute resolution framework
• Advising on interaction with the regulator in relation to SME lending, DISP, S. 166 reviews and the Treasury Select Committee
• Defending banks and financial services clients regarding high-value inwards claims• Advising on the insurance rights on claimants / third parties in negligence claims

Peter is independently recognised as expert in the field of Professional Negligence by Chambers UK, a guide to the legal profession and the Legal 500. He is a member of City of London Solicitors Company and the Professional Negligence Lawyers Association. He joined TLT upon qualification as a solicitor in 2006 and became a partner in 2014.

Jurisdiction: England & Wales