Billionaire FinTech entrepreneur Kristo Käärmann fined by FCA

The Financial Conduct Authority has fined Wise plc CEO Kristo Käärmann £350,000 following an investigation into a tax issue. The financial watchdog said Käärmann, also senior manager of Wise Assets UK Ltd, had been “careless” in breaching a senior manager conduct rule. The Estonian-born billionaire failed to let the FCA know that he had been … Continue reading Billionaire FinTech entrepreneur Kristo Käärmann fined by FCA