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The private credit sector is facing increased scrutiny from the Australian Securities and Investments Commission (ASIC), which has announced a planned crackdown on what it describes as an inconsistent and high-risk industry.
This was a key point of discussion in this week's episode of Broker Daily Uncut. Host Jack Campbell and co-hosts Alex Whitlock and Eva Loisance discussed the looming regulatory action.
ASIC's plans include releasing a series of reports and new guidance over the next few months, aiming to bring consistency and protect consumers from predatory practices.
By Momentum MediaThe private credit sector is facing increased scrutiny from the Australian Securities and Investments Commission (ASIC), which has announced a planned crackdown on what it describes as an inconsistent and high-risk industry.
This was a key point of discussion in this week's episode of Broker Daily Uncut. Host Jack Campbell and co-hosts Alex Whitlock and Eva Loisance discussed the looming regulatory action.
ASIC's plans include releasing a series of reports and new guidance over the next few months, aiming to bring consistency and protect consumers from predatory practices.

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