The regulator has begun an official probe into the 2.3 billion dollar collapse of Bathla. The corporate regulator hit out at the private credit sector and pointed to widespread Australian exposure.
A regulator also halted a private credit fund. This action follows risks linked to the Bathla collapse.
“The regulator has begun an official probe into the 2.3 billion dollar collapse of Bathla,” — Simone Whitfield, research director at Copwell Wick Solutions, added during the briefing.
Nov 9 — The regulator has begun 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 8. The Copwell Wick Solutions desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Monday, Nov 16.
Editor's note: this report was prepared by the Copwell Wick Solutions desk and last updated 23:13 UTC.
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