ASIC has started an official probe into the 2.3 billion dollar collapse of Bathla. The corporate regulator criticised the private credit sector and pointed to widespread Australian exposure.
A regulator further paused a private credit fund. This action follows risks linked to the Bathla collapse.
“A regulator further paused a private credit fund,” — Amara Sterling, senior market analyst at Marley Combe Analytics, told our newsroom.
Timeline
Nov 10 — ASIC has started 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 10. The Marley Combe Analytics desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Marley Combe Analytics desk and last updated 22:12 UTC.