Are there any major outstanding recalls of bicycle parts? Sometimes bike companies don't get things right.

Are there any major recalls people should know about? Where can people find information on recalls?

There is one answer which has places to find information on recalls (for a given country). Other answers could be by part. 

(Moderators: I'd like this to be community wiki)
Places to Find Information on Recalls and Safety Issues

United States


The US Consumer Product Safety Commission is the organization responsible for recalls and safety issues in the US. 
Recalls.gov
To report safety issues, SaferProducts.gov
A convenient listing, Consumer Affairs


New Zealand


https://www.recalls.govt.nz/