LeapRate Staff
LeapRate Analyst
playtech offices
December 19, 2017 BY LeapRate Staff

Exclusive: Playtech confirms £220 million 6.7% stake in Ladbrokes as GVC merger talks heat up

LeapRate Exclusive... LeapRate has learned via regulatory filings that online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has indicated that it remains one of the largest shareholders of betting and gaming company Ladbrokes Coral Group PLC (LON:LCL), which operates both the Ladbrokes and Coral brands as well as Eurobet, Gala Casino and Betdaq. According…

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MiFID II countdown
December 19, 2017 BY LeapRate Staff

MiFID 2 implementation date: Hard or Soft?

The following article was written by Sophie Gerber, Director of regulatory and compliance solutions provider TRAction Fintech. Time is of the essence in the lead-up to MiFID II and MiFIR What is the implementation date for MiFIR & MiFID II? Wednesday 3rd January 2018. Is there likely to be any grace period for MiFID II…

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bitcoin futures
December 18, 2017 BY LeapRate Staff

Canadian regulators warn of risks in cryptocurrency futures

Pan-Canadian financial regulator Canadian Securities Administrators (CSA) has published a notice reminding dealers and investors of the inherent risks associated with products linked to cryptocurrencies, including futures contracts. While these contracts may be traded on regulated exchanges and may be cleared by regulated central counterparties, the fact remains that their high level of risk will not be…

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paysafe skrill neteller buyout
December 18, 2017 BY LeapRate Staff

Skrill and NETELLER parent Paysafe gets final regulatory approval for $4 billion Blackstone and CVC buyout

Payments services company Paysafe Group Plc (LON:PAYS) has announced that it has received final regulatory approvals necessary to move forward with its £2.96 (USD $4.0 billion) buyout by private equity fund groups Blackstone Group LP (NYSE:BX) and CVC Capital Partners. Barring any last minute unforeseen obstacles, the Blackstone-CVC buyout of Paysafe will close this Wednesday, December…

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view of europe mifid
December 18, 2017 BY LeapRate Staff

Impact of MiFID for those outside of the EU

The following article was written by Adinah Brown, content manager at Leverate. The Markets in Financial Instruments Directive, or MiFID is an initiative established by the European Union to bring some measure of order and transparency to the financial instruments traded across that geographical zone. This directive proposes a range of new regulations including requirements for…

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