ACSS-OFAC Connect: Global Cooperation, Key Enforcement Actions, and Top Tips for Compliance

Elizabeth Coats joined the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) in 2020. As a Sanctions Compliance Officer in OFAC’s Compliance division, Elizabeth works with a dynamic team responsible for implementing U.S. economic sanctions through dedicated outreach and guidance to the public. Elizabeth routinely advises financial institutions and other organizations from around the world on OFAC sanctions compliance and implementation issues and regularly speaks at conferences and seminars about complying with OFAC sanctions. Elizabeth previously led investigations of apparent violations by financial institutions to ensure compliance with applicable U.S. sanctions regulations and worked in Treasury’s Executive Secretariat office prepping Secretary Yellen’s briefing materials. Prior to joining OFAC, Elizabeth worked as a Senior Operations Manager for Atlantis and focused on managing finances and operations for education abroad programs.

Anna Hamati is a counsel in Hughes Hubbard and Reed Washington ,D.C. office. She is a member of the firm’s Sanctions, Export Controls& Anti-Money Laundering practice group. Anna assists clients with matters related to export controls and economic trade sanctions. Prior to joining Hughes Hubbard& Reed, Anna was a Senior Sanctions Policy Advisor at the U.S. Department of Treasury in OFAC. She was also an Assistant Vice President at Citibank in both the Global Sanctions Compliance and the Anti-Money Laundering units.

Before joining ACSS, she was a program director at a non-profit organization in the Philippines, where she co-designed and co-implemented economic empowerment programs and services for survivors of human trafficking and their families. Ivy also served at the Social Policy Institute at Washington University in St. Louis, where she led and contributed to inclusive economic growth initiatives.