Commerce Minister Simon Power says finance companies will face tougher rules on moratoriums from the end of January.
The changes have been prompted by public concern that investors did not provide all the information they needed when considering repayment proposal plans and receivership may have been the best option.
Mr Power says firms will be required to give key information about the moratorium and the alternatives.
The new rules also require companies already in moratorium to report their progress to investors, and if a moratorium does not proceed as planned, certain investors will be able to vote to appoint a receiver.
