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 pointed to widespread Australian exposure.
A regulator also halted a private credit fund. This action follows risks linked to the Bathla collapse.
“This action follows risks linked to the Bathla collapse,” — Lena Ostrowski, research director at Blackburn Cliff Solutions, observed.
Timeline
Nov 8 — 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 9. The Blackburn Cliff Solutions desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Blackburn Cliff Solutions desk and last updated 22:13 UTC.