Richard J. Gibbon
Squire Patton Boggs
Articles
Responding to Financial Crime Risks during COVID-19
United Kingdom, USA - June 1 2020 Over the past few months, numerous organizations and agencies—including the intergovernmental Financial Action Task Force, UK Financial Conduct…
Sanctions Considerations for Companies and NGOs Exporting Supplies to Iran
Iran, USA - May 21 2020 In an earlier post, here, we scrutinized the form and content of the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)’s March…
OFAC Responds to COVID-19 in Iran
Iran, USA - May 18 2020 On March 6, 2020 and in response to an outbreak of coronavirus in Iran, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)…
IBK Settlements with US Authorities Regarding BSA/AML Violations
USA - May 14 2020 On April 20, 2020, the Industrial Bank of Korea (IBK) and its New York branch (IBKNY) (collectively, “the Bank”) entered into a Deferred Prosecution…
Benjamin D. Wood, David M. Maria, Kevin P. McCart, Lily Geyer.
Industrial Bank of Korea Settlements With the US Department of Justice and New York State Authorities Regarding BSA/AML Violations US - May 12, 2020
USA - May 12 2020 On April 20, 2020, the Industrial Bank of Korea (IBK) and its New York branch (IBKNY) (collectively, the Bank) entered into a Deferred Prosecution…
