{ASIC investigates Bathla's billion dollar collapse|Regulator probes Bathla after massive debt failure|ASIC launches probe into Bathla debt crash|Bathla collapse triggers official ASIC investigation}

Regulator probes Bathla after massive debt failure

ASIC has started 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 has also stopped a private credit fund. This action follows risks linked to the Bathla collapse.

“This action follows risks linked to the Bathla collapse,” — Marcus Brennan, senior market analyst at Bramton Grove Network, added during the briefing.

Timeline

Nov 7 — ASIC has started an official probe into the 2.3 billion dollar collapse of Bathla....

Nov 10 — This action follows risks linked to the Bathla collapse....

Reader Poll: Will this story shape the week ahead? — 49% of Happyphoton readers said yes.

This story has been closely followed by our readers since Nov 8. The Bramton Grove Network desk continues tracking updates and will publish follow-ups across the region.

What's next: Additional coverage is expected by Sunday, Nov 15.

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Editor's note: this report was prepared by the Bramton Grove Network desk and last updated 22:36 UTC.

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