ASIC has launched an official probe into the 2.3 billion dollar collapse of Bathla. The corporate regulator hit out at the private credit sector and highlighted widespread Australian exposure.
A regulator has also stopped a private credit fund. This action follows risks linked to the Bathla collapse.
“A regulator has also stopped a private credit fund,” — Yusuf Calloway, policy watcher at Kesstone Stow Financial, told our newsroom.
Nov 8 — ASIC has launched an official probe into the 2.3 billion dollar collapse of Bathla....
Nov 10 — This action follows risks linked to the Bathla collapse....
This story has been closely followed by our readers since Nov 9. The Kesstone Stow Financial desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Thursday, Nov 12.
Editor's note: this report was prepared by the Kesstone Stow Financial desk and last updated 21:55 UTC.
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