A Fresh Take



Expert views and insights from our team on the latest developments in the industry.


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Federal Reserve Board Denies Application of Crypto-Focused Bank “Custodia” over Money Laundering and Terrorism Financing Concerns

On January 27, 2023, the Federal Reserve Board (FRB) announced its denial of Custodia Bank, Inc.’s (Custodia) application—a...

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Safe No More: DOJ Highlights Information Exchange in Withdrawal of Enforcement Policy Statements

On February 2, 2023, Deputy Assistant Attorney General Doha Mekki of the DOJ Antitrust Division previewed the agency’s withdrawal of...

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Fourth Circuit Breaks with Existing Authority by Holding that FSIA’s Commercial Activity Exception Does Not Apply to Purchase of Fighter Jets

Late last year, the United States Court of Appeals for the Fourth Circuit held in Blenheim Capital Holdings Limited. v. Lockheed Martin...

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