Brief: EML Payments Ltd Announces Central Bank Of Ireland Update
10/11/2022 01:03
Nov 10 (Reuters) - EML Payments Ltd EML.AX :
* CENTRAL BANK OF IRELAND UPDATE
* LIFTING OF MATERIAL GROWTH CAP RESTRICTIONS ON IRISH UNIT
SUBJECT TO COMPLETING REMEDIATION PROGRAM, SATISFACTORY
THIRD-PARTY ASSESSMENT
* CBI ADVISED THAT RESTRICTIONS MAY BE LIFTED IN ADVANCE OF
12
MONTH PERIOD
* GOVERNMENT RESTRICTION WILL APPLY TO UNITS TOTAL PAYMENT
VOLUMES
FOR PERIOD OF TWELVE MONTHS UNTIL DECEMBER 2023
* RESTRICTIONS MAY BE LIFTED IF REMEDIATION PROGRAM IS
COMPLETED
AND INDEPENDENTLY VERIFIED BEFORE DECEMBER 2023
Source text for Eikon: ID:nASX249MJ7
Further company coverage: EML.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on EML Payments
See all newsMorningstar flags weak consumer spending weighing on EML Payments
Australia's EML Payments hits 3-year low on lowering FY26 earnings outlook
Brief: Eml Payments Ltd Revises FY26 Underlying EBITDA Guidance To A$47 Million-A$50 Million
Brief: EML Payments Appoints Adam Olding As CEO
Australia's EML Payments gains as court approves class action settlement