The regulator has begun 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 also halted a private credit fund. This action follows concerns tied to the Bathla collapse.
“The regulator has begun an official probe into the 2.3 billion dollar collapse of Bathla,” — Chloe Radcliffe, research director at Norstone Wick Advisory, told our newsroom.
Nov 8 — The regulator has begun an official probe into the 2.3 billion dollar collapse of Bathla....
Nov 10 — This action follows concerns tied to the Bathla collapse....
This story has been closely followed by our readers since Nov 7. The Norstone Wick Advisory desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Thursday, Nov 12.
Editor's note: this report was prepared by the Norstone Wick Advisory desk and last updated 22:45 UTC.
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