Rachel Dondarski

Rachel Dondarski

Chief, Regulated Industries Oversight & Evaluation, Sanctions Compliance & Evaluation Division

Office of Foreign Assets Control (OFAC)

Rachel Dondarski is the Chief of Regulated Industries Oversight and Evaluation at the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) where she leads OFAC’s financial sector enforcement process. She manages the agency’s team responsible for investigating violations of U.S. economic sanctions laws committed by regulated financial institutions, including domestic and foreign banks, insurance companies, securities firms, and money services businesses. Prior to assuming this position, Ms. Dondarski was a senior advisor within OFAC’s Sanctions Compliance and Evaluation team, where she worked on some of OFAC’s largest and most complex financial sector investigations, led efforts to expand OFAC’s compliance-focused outreach to foreign financial centers, and routinely interacted with financial industry peers and government partners to discuss sanctions compliance and implementation issues. Since joining OFAC in 2006, Ms. Dondarski has worked in a variety of other roles, all with the common goal of promoting robust sanctions compliance within the financial services and international trade communities.

General Session 6: OFAC Sanctions and their global impact

Grand Ballroom

OFAC sanctions and Executive Orders have created an extremely challenging environment for banks to conduct business with Venezuela and its citizens. Our panel of experts will cover everything you need to know and arm you with best practices for mitigating Venezuelan AML/OFAC risks.