Tuesday, July 23, 2024
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ARTA denies Lyka’s request for approval of SEC registration

The Anti-Red Tape Authority (ARTA) said the automatic approval mandated by the Ease of Doing Business Act did not apply to Lyka, given that entities under investigation are not covered by the reglementary period under the law.

LYKA bullish in 2022 as it awaits license from BSP

Lyka said it wants to restart operations in the country to enable its more than 28,000 Filipino merchants to resume their business activities.

BSP denies application of Digital Spring as operator of Lyka

The BSP upheld the cease-and-desist order (CDO) issued against Digital Spring on July 23, 2021, reiterating that Lyka and not Digital Spring should register as Operator of Payment System (OPS) with the BSP.
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