ASIC has started an official probe into the 2.3 billion dollar collapse of Bathla. The corporate regulator criticised the private credit sector and noted widespread Australian exposure.
A regulator further paused 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,” — Ingrid Thorne, chief correspondent at Copley Ton Staffing, commented.
Nov 10 — ASIC has started an official probe into the 2.3 billion dollar collapse of Bathla....
Nov 11 — This action follows risks linked to the Bathla collapse....
This story has been closely followed by our readers since Nov 9. The Copley Ton Staffing desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Sunday, Nov 15.
Editor's note: this report was prepared by the Copley Ton Staffing desk and last updated 00:43 UTC.
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