Jamie Schafer is a partner in the Washington, D.C. office. Ms. Schafer represents both corporations and individuals in matters involving the Foreign Corrupt Practices Act (FCPA), federal securities and anti-money laundering laws and regulations, embargoes administered by the U.S. Department of Treasury, Office of Foreign Assets Control (OFAC) and other complex cross-border criminal and regulatory issues. Ms. Schafer also regularly conducts internal investigations focusing on a broad range of potential miscoundct.
Ms. Schafer has extensive experience with investigations, voluntary disclosures and settlement negotiations before numerous enforcement agencies including the U.S. Department of Justice, Securities and Exchange Commission, Department of State, OFAC and the World Bank’s Integrity Vice Presidency. In addition, Ms. Schafer regularly counsels clients with respect to corporate governance issues and compliance policies, procedures and training as well as conducting due diligence and providing advice in relation to corporate transactions. She has also conducted compliance reviews and fraud risk assessments for both public and private companies. more +
Prior to joining Richards, Kibbe & Orbe, Ms. Schafer was an associate in the government and internal investigations group at Kirkland & Ellis LLP. She also served as law clerk in the Department of Justice, National Security Division’s Counterterrorism section (2008-2009) and as a judicial intern to the Honorable Edward Damich on the U.S. Court of Federal Claims (2008).
- Conducted an internal investigation on behalf of a multinational financial institution relating to anti-corruption and internal controls issues arising at a Latin American affiliate.
- Conducted internal investigation and provided advice to global organization with regard to voluntary disclosures to U.S. enforcement authorities in relation to corruption allegations involving Caribbean customs brokers.
GOVERNMENT & REGULATORY INVESTIGATIONS AND ENFORCEMENT
- Advised offshore trustee companies in U.S. enforcement proceedings, document production and related litigation regarding allegations of securities and tax fraud involving multiple regulators across several jurisdictions.
- Represented multi-national, publicly traded financial institution in cross-border investigation and enforcement action relating to allegations of corruption and money laundering involving conduct in the United States, China and Mexico.
- Advised international organization on response to subpoena received from U.S. enforcement agency in relation to multinational fraud scheme.
- Represented multiple global companies in implementing compliance and reporting commitments under Deferred Prosecution Agreements with the Department of Justice.
- Advised financial services client in OFAC inquiry relating to transaction by non-U.S. portfolio company with counterparty alleged to be a front for an Iranian sanctioned entity.
- Represented federal criminal defendant in connection with fraud charges relating to an international investment scheme through the pro bono counsel program with the Office of the Federal Defender for the Eastern District of Virginia, including successfully briefing and arguing during the sentencing hearing for a significant variance from the applicable federal sentencing guidelines.
- Provide regular and real-time trading advice to financial services clients regarding application of emerging sanctions to securities and bond transactions, particularly with respect to Russian and Venezuelan sanctions.
- On-going advice to various multi-lateral development banks in relation to governance issues and the development of compliance procedures to address a variety of risks facing international organizations.
- Conducted global risk assessments on behalf of the Boards of Directors for multiple publicly traded companies and proposed compliance enhancements to mitigate identified risks.
- Developed comprehensive compliance program in relation to U.S. anti-corruption, economic sanctions and anti-money laundering laws and regulations for well-known U.S. company expanding into foreign markets.
- Conducted due diligence and provided advice on integration for global oil and gas company in relation to acquisition of U.K. subsidiary with global sales, including in many relatively high-risk jurisdictions.
- Conducted third party due diligence for real estate investment firm in relation to foreign partners and consultants in various eastern European jurisdictions.
- Advised multiple investment management firms in relation to anti-corruption, economic sanctions and anti-money laundering risks in complex cross-border transactions, including a lending deal with a Latin American pharmaceutical distributor and an option and joint venture agreement involving Argentine mining concessions.
- Provide regular pro bono advice to leading NGO in relation to advocacy to the Departments of State and Treasury supporting application of sanctions under the Global Magnitsky Act.
Honors & Awards
- Named to the 2013, 2014 and 2018 Capital Pro Bono High Honor Roll for her contribution of 100 hours or more to indigent clients and nonprofit organizations in need of legal representation.
- Received the 2014 Safe Haven Award from Immigration Equality for excellence in pro bono representation of LGBTQ immigrants.
Professional & Community Affiliations
Co-Chair, National Women’s Law Center Leadership Advisory Committee
Member, Women's White Collar Defense Association
Guest Lecturer, Fordham University School of Law Masters in Compliance Program (2020)
Fellow, Leadership Council on Legal Diversity
Former Associate Editor and Monthly Contributor, Business Crimes Bulletin (2011-2014)
Committee Chair, Cub Scout Pack 1