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Australia Regulator Halts Another Credit Fund Amid Crackdown

Bloomberg Markets Tuesday 13 October 2026, 00:40 UTC By Harry Suhartono 1 min read
Key Points

Australia Regulator Halts Another Credit Fund Amid Crackdown Australia’s securities regulator temporarily barred Fidante Partners Ltd. from offering units in a credit fund, extending a clampdown on private credit investments amid concerns over risks to investors. The Australian Securities and Investments Commission issued a 21-day interim stop order against Class A units of the Ares Global Credit Income Fund, citing deficiencies in how the product’s target investors were identified. The...

Australia Regulator Halts Another Credit Fund Amid Crackdown Australia’s securities regulator temporarily barred Fidante Partners Ltd. from offering units in a credit fund, extending a clampdown on private credit investments amid concerns over risks to investors. The Australian Securities and Investments Commission issued a 21-day interim stop order against Class A units of the Ares Global Credit Income Fund, citing deficiencies in how the product’s target investors were identified. The regulator questioned whether the fund was suitable for investors seeking to preserve capital, as well as provisions allowing investors to allocate as much as 50% of their investable assets to the product.
Australia Regulator (ORG) Australia (LOCATION) Fidante Partners Ltd. (ORG) The Australian Securities and Investments Commission (ORG) the Ares Global Credit Income Fund (ORG)
Originally published by Bloomberg Markets Read original →

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