March 31 (Reuters) - EML Payments Ltd EML.AX :
* ADVISES RESOLUTION OF REGULATORY ACTION BY PAYMENT SYSTEMS REGULATOR IN UK AGAINST PREPAID FINANCIAL SERVICES (IRELAND)
* PAYMENT SYSTEMS REGULATOR & PREPAID FINANCIAL SERVICES (IRELAND) AGREED TO SETTLE MATTER, PFS AGREED TO PAY MAX FINE OF ABOUT GBP920,000
* NO FINANCIAL IMPACT TO EML FROM FINE
* GIVEN PENALTY IS BELOW AMOUNT THAT HAD BEEN WITHHELD, EML WILL RETURN TO VENDORS ABOUT GBP4 MILLION AFTER DEDUCTING LEGAL COSTS