ASIC has launched 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 concerns tied to the Bathla collapse.
“A regulator further paused a private credit fund,” — Ingrid Thorne, senior market analyst at Norstone Field Analytics, added during the briefing.
Nov 9 — ASIC has launched an official probe into the 2.3 billion dollar collapse of Bathla....
Nov 11 — This action follows concerns tied to the Bathla collapse....
This story has been closely followed by our readers since Nov 11. The Norstone Field Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Tuesday, Nov 17.
Editor's note: this report was prepared by the Norstone Field Analytics desk and last updated 00:25 UTC.
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