Ann: Central Bank of Ireland Update, page-8

From a worst possible scenario perspective this is good news.

The May announcement states:

The directions, if made, could materially impact the European operations of the Prepaid Financial Services business, including potentially restricting PCSIL’s activities under the Irish authorisation

This announcement states:

The nature of those potential directions is more limited than those originally foreshadowed by the CBI in May 2021.

So whilst there is the potential for a material, adverse outcome it should not involve the revoking of PCSIL's ability to trade in Ireland. That was the outcome some feared in May and which resulted in the share price falling ~40%.