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TOKYO -- Japan's industry ministry looks to create a new legal category for midsize businesses with up to 2,000 employees, with tax breaks to enc
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Source: nikkei.com

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M&A deals to face stricter disclosure obligations

The Financial Services Commission (FSC), the countrys top financial regulator, is pushing for a stronger disclosure obligation in the corporate mergers and acquisitions (M&A) process, aiming to better protect and enhance general shareholders rights. The financial authority also plans to impose expanded responsibilities to a corporate board to ensure more transparency in their decision-making process on M&A deals.
South Korea Soult Ukpyolsi Korea Exchange Financial Services Commission Kim So Young Chairman Kim So Young

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