Private credit’s reckoning: why governance failures are becoming the real risk for AFSL holders and directors
By: Suzanne Craig and Thomas Cavanagh The collapse of Shield, First Guardian and property developer Bathla has transformed private credit from an investment story into a governance story. Suzanne Craig and Thomas Cavanagh examine ASIC’s emerging enforcement strategy, the growing exposure of AFSL holders and directors, and the implications for D&O and professional indemnity insurers. […]









