Wise PLC Class A (GB:WISE) has released an update.
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The UK Financial Conduct Authority has concluded its investigation into Wise PLC’s CEO, Kristo Käärmann, regarding his tax affairs and imposed a £350,000 penalty. The investigation found no adverse impact on his ability to perform his roles at Wise, and the company is pleased with the resolution. Wise continues to focus on its mission to revolutionize international money management.
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