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After vowing to tackle suspected breaches of U.K. banking embargoes more aggressively, Britain's Office of Financial Sanctions Implementation had 240 investigations running as of April, up from 172 a year prior, the agency disclosed Wednesday. The agency, also known as OFSI, further disclosed in an annual report that banks, law firms and other parties self-reported nearly 400 potential violations from April 2024 to March 2025, roughly the same total as the 12 months prior but a marked drop from the 473 potential breaches to which they admitted from April 2022 to March 2023. Previous cases tended to lean heavily on...