In the absence of active enforcement by federal banking regulators, many financial institutions are choosing this moment to take a second look at their compliance policies and procedures. Recent administrative actions implicating access to financial services may particularly require financial institutions to reevaluate their Consumer Due Diligence (CDD) procedures and Consumer Identification Program (CIP).

On 30 January 2025, the European Commission published its first annual report on the implementation of EU export controls and the modernised Dual-Use Regulation. The report marks an important milestone in the development of EU export control policy, providing a consolidated overview of the data for 2022 with a view to enhancing transparency in this area.

In Colwell, the plaintiff was injured when a Sig Sauer P320 handgun allegedly discharged unintentionally into his thigh.  The P320 “functions as a single-action pistol,” and while it has internal safeties “designed to prevent inadvertent discharges,” it lacks external safeties, such as a manual thumb safety or tabbed trigger safety.