Asic warns on private credit risks
The Australian regulator says private credit is a positive for the economy, but ‘only if done well’.
Asic has spent the past 10 months examining 28 private credit funds.
Australian Securities and Investments Commission has warned that some booming private credit funds pose a risk to financial stability and could undermine the liquidity of the nation’s A$4.2 trillion superannuation industry.
Australia's markets regulator has spent several months investigating the
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