Laparkan Financial Services Limited (LFSL) is continuing to operate its money transfer service.
In a statement on Wed-nesday to Stabroek News, LFSL said that pursuant to a licence issued under the Money Transfer Agencies (Licensing) Act 2009, Laparkan’s money transfer is functioning fully and serves as payout agents for Trans-Fast, Ria, Jamaica National Money Services and First Global Data Corp.
It clarified that it has given up its cambio business. The Bank of Guyana in a notice in the July 26 issue of Stabroek News said that approval had been granted to LFSL to voluntarily cease conducting business for which it was licensed under the Financial Institutions Act 1995. Therefore, it said that the licence issued to
