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 concerns tied to the Bathla collapse.
“ASIC has started an official probe into the 2.3 billion dollar collapse of Bathla,” — Yusuf Calloway, policy watcher at Fenton Wick Services, observed.
Nov 10 — ASIC has started an official probe into the 2.3 billion dollar collapse of Bathla....
Nov 10 — This action follows concerns tied to the Bathla collapse....
This story has been closely followed by our readers since Nov 8. The Fenton Wick Services desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Saturday, Nov 14.
Editor's note: this report was prepared by the Fenton Wick Services desk and last updated 23:13 UTC.
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