EML eml payments limited

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  1. 284 Posts.
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    .Ive just come across this.

    Are we all aware of this little problem? I feel as if this was swept under the carpet a year ago., but will probably be part of the issue with the FCA. It is not a good look.

    "It appears the newly acquired Prepaid Financial Services UK wasn’t following the rules. $27m in unused balances were swept into its own accounts before the six year threshold had been met. EML Payments will now have to inject that money back into the safeguarding accounts, although some of it may return over the next six years, provided it remains unused"

    https://www.intelligentinvestor.com.au/recommendations/eml-payments-updates-on-uk-business/150201

 
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Last
$1.13
Change
-0.005(0.44%)
Mkt cap ! $430.4M
Open High Low Value Volume
$1.13 $1.15 $1.12 $295.6K 261.4K

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No. Vol. Price($)
3 8595 $1.12
 

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Price($) Vol. No.
$1.13 25000 1
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