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EML Payments Provides Central Bank of Ireland Update

25 Nov 2021  |  10:01:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Central Bank of Ireland Update

EML Payments advised that following the provision of submissions to the CBI on 28 October 2021, its Irish regulated subsidiary, PFS Card Services (Ireland) (PCSIL), has received further correspondence from the CBI (Correspondence). The Central Bank of Ireland has advised the following that the CBI will permit PCSIL to sign new customers and launch new programs whilst staying within the material growth restrictions. PCSIL is confident that it can meet these obligations.

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