The regulator has begun 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 risks linked to the Bathla collapse.
“The corporate regulator slammed the private credit sector and noted widespread Australian exposure,” — Ingrid Thorne, research director at Bramton Dale Recruitment, added during the briefing.
Timeline
Nov 8 — The regulator has begun an official probe into the 2.3 billion dollar collapse of Bathla....
Nov 10 — This action follows risks linked to the Bathla collapse....
This story has been closely followed by our readers since Nov 6. The Bramton Dale Recruitment desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Bramton Dale Recruitment desk and last updated 23:47 UTC.