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 noted widespread Australian exposure.
A regulator also halted a private credit fund. This action follows danger stemming from the Bathla collapse.
“This action follows danger stemming from the Bathla collapse,” — Nadia Ashcombe, chief correspondent at Birwell Bury Group, commented.
Timeline
Nov 10 — The regulator has begun an official probe into the 2.3 billion dollar collapse of Bathla....
Nov 11 — This action follows danger stemming from the Bathla collapse....
This story has been closely followed by our readers since Nov 9. The Birwell Bury Group desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Birwell Bury Group desk and last updated 01:45 UTC.