ASIC has launched an official probe into the 2.3 billion dollar collapse of Bathla. The corporate regulator slammed the private credit sector and noted widespread Australian exposure.
A regulator also halted a private credit fund. This action follows concerns tied to the Bathla collapse.
“This action follows concerns tied to the Bathla collapse,” — Priya Delgado, economic affairs editor at Birton Bury Recruitment, noted.
Nov 8 — ASIC has launched an official probe into the 2.3 billion dollar collapse of Bathla....
Nov 9 — This action follows concerns tied to the Bathla collapse....
This story has been closely followed by our readers since Nov 8. The Birton Bury Recruitment desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Friday, Nov 13.
Editor's note: this report was prepared by the Birton Bury Recruitment desk and last updated 22:41 UTC.
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