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FCA launches investigation into Wise CEO after tax default

UK markets watchdog scraps listing of Umuthi Healthcare
UK markets watchdog scraps listing of Umuthi Healthcare Copyright Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
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LONDON - Money transfer company Wise said on Monday that Britain's Financial Conduct Authority (FCA) has launched an investigation into its CEO Kristo Käärmann after he was named on a list of tax defaulters.

"Kristo intends to cooperate fully with the FCA in its investigation," said the company in a statement.

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