Delegation model under spotlight as European Commission reviews AIFM Directive
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By James Williams | 17/12/2020 - 10:41am
All eyes will be on the European Commission’s legal proposal pertaining to the AIFM Directive, which is expected to be published sometime in the first half of 2021, and could usher in an updated version – AIFMD II – a decade after it was first adopted.
The more interesting parts of the consultation for UK fund managers to be mindful of are delegation and marketing of non-EU funds to EU Member States. European fund domiciles including Luxembourg and Ireland will be especially keen to understand what changes, if any, are made to the delegation model, upon which third-party AIFM platforms have built substantial business models.
BITPOINT utilizes AlphaPoint technology to upgrade its crypto exchange for Latin America
BITPOINT has geared up its offering by incorporating AlphaPoint s technology that appeals to retail enthusiasts, high-volume traders, and institutional players alike. Published by CryptoNinjas.net 12/15/2020
Today it was announced that Latin American-based crypto exchange BITPOINT will be using AlphaPoint technology for its upgraded exchange platform. The new platform is now live and offering on-ramp and off-ramp capabilities to the Latin American market.
Now with the upgrade to the system complete, BITPOINT’s new goal is increasing its already existing user base and launching operations in new markets in the upcoming months.