MoFo Hires Ex-OFAC Atty Rachel Fiorill

Rachel Fiorill spoke to Law360 about her decision to join Morrison Foerster’s sanctions practice as the latest of three hires with experience at the Office of Foreign Assets Control (OFAC), the federal sanctions authority.

“As part of my role in enforcement, as well as in private practice, I’ve had the opportunity to lay eyes on hundreds of OFAC compliance programs and how these compliance expectations do and do not vary across industry,” Rachel said. “Having the opportunity to collaborate with other attorneys at MoFo who also have that agency experience gives us a somewhat unique perspective on what – if it’s close to the line – may be likely to trip an enforcement wire, or where OFAC may be willing to provide some comfort.”

Rachel added that her plan for her tenure at MoFo is to work with U.S. and non-U.S. banks, as well as private equity, fintech, and cryptocurrency clients. She will focus on internal investigations, help respond to government investigations, and work with the firm’s corporate practice to vet transactions for sanctions issues.

Read the full article.