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
- The Kingdom of Saudi Arabia approves new Anti-Financial Fraud and Deceit Law - (Posted On Thursday, July 08, 2021)
- Responding to Financial Crime Risks During COVID-19 - (Posted On Monday, June 01, 2020)
- Sanctions Considerations for Companies and NGOs Exporting Supplies to Iran - (Posted On Thursday, May 21, 2020)
- OFAC Responds to COVID-19 in Iran - (Posted On Monday, May 18, 2020)
- IBK Settlements with US Authorities Regarding BSA/AML Violations - (Posted On Thursday, May 14, 2020)
- OFSI Russian Sanctions Penalty; Foreshadows Increasing UK Enforcement? - (Posted On Tuesday, April 21, 2020)
- United Arab Emirates Courts Convict Fraudsters; Warn Banks and Telecoms Providers - (Posted On Wednesday, February 05, 2020)
- Rare Due Process Reprieve for Company Penalized by OFAC for Violating Ukraine Sanctions - (Posted On Wednesday, January 08, 2020)
- OFAC Sanctions the Gupta Family for Bribery, Corruption and Misappropriation of South African State Assets - (Posted On Wednesday, November 20, 2019)
- United Arab Emirates Financial Centers Enhance Economic Security and Business Viability - (Posted On Wednesday, November 13, 2019)