[Wise Shares Plunge Amid EU Anti-Money Laundering Investigation] According to City AM, cross-border remittance platform Wise is under investigation by Belgian prosecutors for allegedly violating anti-money laundering regulations, as its accounts are suspected of being involved in the flow of approximately €500 million in criminal funds. The investigation involves hundreds of international criminal cooperation requests across more than 30 European countries. Following the announcement, Wise's share price in London trading dropped by about 15% at one point to 796 pence. The investigation focuses on Wise's European operations managed by its Brussels office, with approximately 3 million UK users not directly affected. Wise stated that it is cooperating with Brussels prosecutors, regulators, and law enforcement agencies, and noted that about one-third of its employees are dedicated to combating financial crime. Previously, in 2025, Wise's U.S. subsidiary was fined a total of $4.2 million by regulators in six states due to compliance deficiencies.