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EML hit again as Irish regulator finds gaps

Ayesha de Kretser
Ayesha de KretserSenior reporter
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EML Payments has suffered yet another setback, after the payments technology company said the Irish regulator found gaps in its remediation program that could delay its return to growth.

EML shares fell 22 per cent to 93¢ after the announcement on Monday, leaving the stock down more than 72 per cent year-to-date.

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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au

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    Original URL: https://www.afr.com/companies/financial-services/eml-hit-again-as-irish-regulator-finds-gaps-20220725-p5b4bw