Australia’s Watchdog Uncovers Risks in Private Credit Probe

Australia’s corporate regulator has found reporting, margin and fee disclosure practices in the nation’s fast-growing A$200 billion ($130 billion) private credit industry may pose a risk to investors.

“We’ve observed quite mixed practices, and we’ve seen how these practices — if they come together — can be challenging in a stress scenario,” said Simone Constant, Commissioner at Australian Securities & Investments Commission at a press conference on Tuesday.