ASIC warns of potential blow-up in private credit due to transparency and lack of standards

Two themes come through loud and clear from the Australian Securities and Investments Commission’s road map for reforming and policing Australia’s private markets.

First, concerns about liquidity issues in Australia’s $4.2 trillion sector – long-dated as they may be – are alive and kicking in a way that was almost unimaginable a couple of weeks ago.

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