The National Financial Regulatory Administration has revised the "Guidelines for Risk Management of Commercial Bank M&A Loans" to formulate the "Administrative Measures for Commercial Bank M&A Loans." An official from the relevant department of the National Financial Regulatory Administration answered reporters' questions on related issues. The official noted that M&A transactions are typically large in scale and time-sensitive, and the parties involved face significant financial pressure. To better meet the financing needs of M&A transactions, the "Measures"—building upon the existing framework for non-controlling interest M&A loans—raise the upper limit on the proportion of controlling interest M&A loans relative to the total transaction value from 60% to 70% and extend the loan term from seven to ten years. These adjustments reasonably optimize M&A loan terms to facilitate financing for M&A transactions.