The FSC and the FSS held a policy seminar on providing support for corporate mergers and acquisitions (M&As) together with the Korea Exchange and Korea Capital Market Institute on March 27. At the beginning of the seminar, FSC Vice Chairman Kim So-young delivered congratulatory remarks and said that corporate M&As are important mechanisms for businesses in enhancing their management efficiency or seeking reorganization, and that they are useful for increasing economic productivity and facilitating economic recovery. In this regard, Vice Chairman Kim said that the government will implement measures to (a) make significant improvements in regulations on corporate M&As, (b) strengthen support for corporate restructuring, (c) support strategic M&As in line with demand for industrial restructuring and (d) make M&A regulations more congruent with global standards. The FSC plans to draw up specific measures for supporting corporate M&As after having discussions with experts in the future.