Katya (Ekaterina) Hazard is a managing director at K2 Integrity, leading the firm’s sanctions practice. She works closely with a wide range of multinational, regional, and startup financial institutions and corporate clients as well as governments to develop risk-based sanctions policies, procedures, or guidance; conduct strategic sanctions risk assessments; identify compliance gaps; and develop and implement remediation plans. In addition, she advises clients on complex sanctions-related issues that may arise as part of day-to-day operations. A native Russian speaker, she has a unique perspective on the Russia-related sanctions and AML risks, exposure, and evasion typologies, and often advises her clients on the best mitigation strategies.
Katya also works with several virtual assets clients assessing sanctions-related risks of their products and recommending sanctions and AML-related compliance strategy and tools that can help offset some of these risks, recognizing the novel nature of the industry.
Prior to rejoining K2 Integrity, Katya was a director within Global Sanctions Compliance at Bank of New York Mellon, managing all day-to-day aspects of the bank’s sanctions program, with a focus on securities, custody, and correspondent banking. Before K2 Integrity, for almost ten years, she was an attorney at Clifford Chance, where she advised numerous clients on compliance with a wide range of trade-related regulations, such as OFAC sanctions, AML regulation compliance, anti-corruption, and anti-boycott laws. She led numerous cross-border investigations of multinational businesses for alleged violations of these regulations and filed voluntary self-disclosures with U.S. regulators. She also regularly conducted large-scale sanctions-driven due diligence reviews for syndicated lending, IPOs, and mergers and acquisitions. During her time at Clifford Chance, she was seconded to a top global technology company, assisting in building up its sanctions compliance program and training relevant staff.
Katya received her J.D., with the highest distinction, from Cleveland Marshall College of Law. She also received an LL.M. in securities and financial regulation from the Georgetown University Law Center. She is admitted to practice in Washington, D.C.
