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The United Kingdom's administrator of asset freezes and other sanctions will soon finalize a new data-sharing arrangement with anti-money laundering regulators, the unit's chief said Wednesday. Rena Lalgie, head of the Office of Financial Sanctions Implementation, or OFSI, told a panel of lawmakers seeking to address U.K. vulnerabilities to economic crime that the new memorandum of understanding with the Financial Conduct Authority, or FCA, will "ensure that information sharing is more effective than before." OFSI, which functions similarly to the U.S. Office of Foreign Assets Control, or OFAC, began operations in March 2016 and has since gained authority to fine...