ASIC has started an official probe into the 2.3 billion dollar collapse of Bathla. The corporate regulator slammed the private credit sector and highlighted 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,” — Priya Delgado, chief correspondent at Birburn Wick Solutions, noted.
Nov 8 — 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 9. The Birburn Wick Solutions desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Wednesday, Nov 11.
Editor's note: this report was prepared by the Birburn Wick Solutions desk and last updated 22:45 UTC.
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