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.
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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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