Australia regulator blocks Angas private credit schemes over Bathla risks
· Finance · Australia
Australia's securities regulator has stopped Angas Securities Ltd. from selling two managed investment schemes, in the latest of a series of actions aimed at preventing private credit funds from offering products that do not adequately highlight potential risks. The intervention cited risks linked to Bathla. The move is part of a broader regulatory push in Australia to tighten scrutiny of the fast-growing private credit sector, where retail investors can be exposed to property-linked lending risks that are not always clearly disclosed.
Why it matters:Retail-facing private credit is expanding quickly, and regulators are increasingly willing to halt products, setting a precedent for disclosure standards across the sector.
Key points
- Angas Securities was barred from selling two managed investment schemes.
- The regulator cited risks tied to Bathla.
- It is the latest in a series of actions against private credit products.
Sources (original reporting)
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