ASIC has launched an official probe into the 2.3 billion dollar collapse of Bathla. The corporate regulator slammed the private credit sector and noted widespread Australian exposure.
A regulator also halted a private credit fund. This action follows risks linked to the Bathla collapse.
“A regulator also halted a private credit fund,” — Yusuf Calloway, senior market analyst at Walley Stow Partnership, told our newsroom.
Nov 9 — ASIC has launched an official probe into the 2.3 billion dollar collapse of Bathla....
Nov 11 — This action follows risks linked to the Bathla collapse....
This story has been closely followed by our readers since Nov 11. The Walley Stow Partnership desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Saturday, Nov 14.
Editor's note: this report was prepared by the Walley Stow Partnership desk and last updated 00:12 UTC.
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