ASIC has started an official probe into the 2.3 billion dollar collapse of Bathla. The corporate regulator criticised the private credit sector and highlighted widespread Australian exposure.
A regulator has also stopped a private credit fund. This action follows risks linked to the Bathla collapse.
“ASIC has started an official probe into the 2.3 billion dollar collapse of Bathla,” — Amara Sterling, senior market analyst at Wraywell Worth Media, observed.
Nov 9 — ASIC has started an official probe into the 2.3 billion dollar collapse of Bathla....
Nov 9 — This action follows risks linked to the Bathla collapse....
This story has been closely followed by our readers since Nov 7. The Wraywell Worth Media 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 Wraywell Worth Media desk and last updated 23:13 UTC.
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