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 highlighted 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,” — Elena Iversen, contributing analyst at Fenburn Bury Financial, observed.
Nov 8 — 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 10. The Fenburn Bury Financial desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Saturday, Nov 14.
Editor's note: this report was prepared by the Fenburn Bury Financial desk and last updated 22:14 UTC.
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