ASIC has started an official probe into the 2.3 billion dollar collapse of Bathla. The corporate regulator slammed the private credit sector and pointed to widespread Australian exposure.
A regulator also halted a private credit fund. This action follows danger stemming from the Bathla collapse.
“This action follows danger stemming from the Bathla collapse,” — Farah Vance, chief correspondent at Shipburn Ford Analytics, noted.
Nov 10 — ASIC has started an official probe into the 2.3 billion dollar collapse of Bathla....
Nov 11 — This action follows danger stemming from the Bathla collapse....
This story has been closely followed by our readers since Nov 9. The Shipburn Ford Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Friday, Nov 13.
Editor's note: this report was prepared by the Shipburn Ford Analytics desk and last updated 22:16 UTC.
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