Rich Gibbon is a partner in our Government Investigations & White Collar Practice and focuses on white collar criminal defense, regulatory enforcement and internal investigations. He has been based in the Middle East for 11 years and has extensive experience managing crises and counselling boards of directors and senior management across the Middle East and Africa, Levant, Europe, and South Asia through multi-agency, multi-jurisdictional financial crime investigations and enforcement actions. This includes multinational corporates in connection with anticorruption regimes and a particular concentration on matters related to financial institutions involving economic sanctions, money laundering and bank fraud. Due to the sensitive and confidential nature of Rich’s work, much of it is not public. Even so, he has been recognized as a “Leading Lawyer” across Europe, the Middle East and Africa for Compliance and Investigations, and several times as a “White Collar Crime Adviser of the Year.” The Legal 500 labels Rich "extremely diligent" and notes that he "rolls his sleeves up and gets into the detail when addressing client issues." Chambers Global states that Rich “understands complex financial transactions as well as any forensic accountant.”
Rich has a wealth of experience advising on the scope of economic sanctions administered by the US Treasury Department's Office of Foreign Assets Control (OFAC) and guiding clients when responding to criminal and civil government inquiries. Rich is presently assisting numerous different financial institutions across the Middle East and Africa, Levant, Europe and South Asia with investigations and transactional audits of potential violations of US sanctions and money laundering laws and with related proceedings before OFAC, the US Department of Justice (DOJ), the New York State Department of Financial Services (NYDFS), and several other US and home-country enforcement agencies and regulators. Rich also advises financial institutions on collateral issues arising from sanctions and money laundering matters, including facilitating relationships with US correspondent banks, and he represents financial institutions and other corporates in OFAC Specially Designated National (SDN) delisting engagements.
More Legal and Business Bylines From Richard J. Gibbon
- Increased Corporate Transparency in the Cayman Islands - (Posted On Tuesday, April 09, 2024)
- The UAE Exits FATF’s Grey List - (Posted On Tuesday, February 27, 2024)
- Recent Changes to FATF’s “Grey List”; Could the UAE be Next Off the List? - (Posted On Thursday, January 18, 2024)
- FEPA: the New Tool in the DOJ’s Fight Against Corruption - (Posted On Tuesday, January 16, 2024)
- VARA’s Strict Application of Its Virtual Assets and Related Activities Regulations 2023 - (Posted On Friday, September 22, 2023)
- FCA Investigates Bank Account Closures, Including for PEP Customers - (Posted On Thursday, September 07, 2023)
- New UAE Rule Regarding the Mandatory Attestation of Import Invoices Could Help Combat TBML - (Posted On Tuesday, September 05, 2023)
- United States Departments of Treasury, Commerce, and Justice Issue “Tri-Seal” Compliance Note on Voluntary Self-Disclosures of Potential Violations - (Posted On Monday, August 07, 2023)
- Azerbaijan Continues to Lead the Fight Against Corruption in CIS - (Posted On Monday, January 09, 2023)
- UAE Ministry of Justice confirms Reciprocity with the English Courts - (Posted On Tuesday, November 08, 2022)