ASIC has started an official probe into the 2.3 billion dollar collapse of Bathla. The corporate regulator hit out at the private credit sector and noted widespread Australian exposure.
A regulator further paused a private credit fund. This action follows danger stemming from the Bathla collapse.
“A regulator further paused a private credit fund,” — Chloe Radcliffe, senior market analyst at Greencroft Gate Recruitment, added during the briefing.
Nov 9 — ASIC has started an official probe into the 2.3 billion dollar collapse of Bathla....
Nov 10 — This action follows danger stemming from the Bathla collapse....
This story has been closely followed by our readers since Nov 9. The Greencroft Gate Recruitment desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Wednesday, Nov 11.
Editor's note: this report was prepared by the Greencroft Gate Recruitment desk and last updated 21:40 UTC.
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