Edison Investment Research - EML Payments (EML) EML Payments - Irish regulator raises issues

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Edison Investment Research

Richard Williamson

EML Payments - Irish regulator raises issues

EML Payments has announced that the Irish regulator is investigating certain PFS activities that fall under its remit, as it has concerns relating to anti-money laundering and counter terrorism financing risk management and controls. This relates to business that made up just over a quarter of CY Q121 revenue. EML expects to provide further information to the regulator by 27 May. Aside from that issue for which the outcome is as yet unknown, EML is trading in line with management’s guidance for FY21.

20/05/2021 1 EN

Underlying

EML Payments

EML Payments is engaged in the exploration for and development of economic deposits of gold and other minerals. Co. operates predominantly in Australia.

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AU000000EML7 Australian Securities Exchange Australia

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Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Richard Williamson

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EML Payments - Irish regulator raises issues

EML Payments Limited: 1 director

EML Payments - Back to basics

EML Payments - Growth cap lifted in the UK

Manx Financial Group - Termination of coverage

musicMagpie - Termination of coverage

Topps Tiles - Accelerating growth through Q125

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