Shares in EML Payments plunged 30 per cent to a nine-year low on Monday after the company said it would temporarily stop onboarding new customers, agents and distributors to its UK business amid regulatory concerns.
EML Payments chief executive Emma Shand is dealing with another crisis.
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Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
