Vice Chairman Kim Soyoung of the Financial Services Commission presided over a meeting with officials from related organizations and industry groups on February 6 and announced plans to improve rules on corporate mergers and acquisitions (M&As). The measures are aimed at strengthening protection for investors, which will also help to boost regulatory consistency with global standards. At the meeting, Vice Chairman Kim delivered opening remarks, outlining some of the problems observed in the market and policy proposals to address them. The proposed measures include (a) strengthening disclosure duties on corporate M&A activities, (b) upgrading rules on third-party evaluating agencies, and (c) improving the method for calculating merger prices in M&As between non-affiliated companies. The FSC plans to revise relevant rules and regulations in the third quarter of this year to ensure that these measures are implemented promptly.