ASIC says private credit valuations are ‘lagging … economic reality’ (opens original article in a new tab)

ASIC warns that private credit funds may be undervaluing loans as economic conditions worsen, urging accurate valuations.

• ASIC conducted an eight-week review of private credit funds
• ASIC warns that valuations may not reflect current economic conditions
• ASIC urges accurate and realistic valuations for end-of-financial-year assessments