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
- 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)
- Illicit Financing Risks in the Digital Assets Space: Department of the Treasury Releases Three Reports on Digital Assets and Invites Comment - (Posted On Thursday, October 06, 2022)
- Russian Sanctions Update: Will “Biting” Eighth EU Sanctions Package Prohibit Legal Services? - (Posted On Friday, September 30, 2022)
- Law Enforcement in the Digital Assets Space: Department of Justice Issues Report Pursuant to White House Executive Order - (Posted On Monday, September 26, 2022)
- Cybersecurity Compliance on U.S. Government Contracts and Subcontracts - (Posted On Monday, September 19, 2022)
- The UAE Continues to Combat Bribery and Corruption - (Posted On Wednesday, September 14, 2022)
- Central Bank Guidance to UAE Financial Institutions Banking Cash-Intensive Businesses - (Posted On Monday, January 17, 2022)
- UAE’s New Executive Office of AML/CFT and Dubai’s New Specialized Money Laundering Court - (Posted On Monday, October 11, 2021)
- The Kingdom of Saudi Arabia approves new Anti-Financial Fraud and Deceit Law - (Posted On Thursday, July 08, 2021)