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British parliamentarians should expand the window of time investigators have to justify asset freezes based on regulatory transactional reports, a City of London Police official said Thursday. Under U.K. law, the National Crime Agency (NCA) can order the suspension of transactions identified in suspicious activity reports (SARs) but have a 31-day window to convince a judge that further restraint of the money is merited. The deadline remains the same even when investigators require data from foreign jurisdictions to make their case. In part due to growing judicial demands, the timeframe has undermined the efficacy of the U.K.'s SAR regime, according...