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ASIC Takes On Private Credit | Adelaide News
Sarah Court, Australia’s new ASIC boss, is cracking down on risky private credit lending that’s left everyday Australians holding billions in unpaid debts. With $250 billion pouring into this high-return, low-regulation sector, ASIC has flagged serious flaws in asset valuations, fee structures, and conflict management. Court, a former ACCC enforcer, is shifting ASIC toward proactive, aggressive oversight—targeting big players and exposing failures at the ASX—to prevent future collapses. While critics warn regulation stifles growth, Court insists visible enforcement is vital to rebuild market…
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