ASIC has launched an insolvency website that provides shareholders with information on what happens to investments in failed companies.
It is the first time the regulator has included information for investors on this topic, and the new site answers questions concerning the payment of distributions and the wind up of managed investment schemes.
"Company insolvencies are getting more complex and each circumstance is different," ASIC commissioner Michael Dwyer said.
"We want to ensure people have easy access to clear and independent information about insolvency during these often stressful times."
The initiative is a response to the increasing number of companies experiencing financial difficulty amid the current environment.
In March almost 1100 companies entered external administration, according to data on the website.
Recent collapses have included a number of large investment management companies, including agribusinesses Timbercorp and Great Southern as well as financial advisory firm Storm Financial.
The new website also offers information to directors, creditors and liquidators.
