To provide the financial sector with a high-quality operating environment, the government has taken active steps to improve its legal and regulatory structure, and to strengthen the system of financial supervision. This has included, from November 2000 onwards, the promulgation of the revisions to the Banking Law, the Financial Institutions' Merger Law, and the "Six Financial Regulations," in order to recreate for Taiwan's financial institutions an environment where there is formal disclosure of operating information. In order that financial institutions whose operations are unsound may quietly and smoothly withdraw from the market and thereby avoid the triggering of a financial crisis, the most important task with which the government has been recently faced, based on a careful study of the ways in which countries such as the U.S., Japan and Korea have supplemented their public funds, is to appropriately implement within a set time period a mechanism that fully safeguards the benefits of depositors and which can make up for the shortages of capital that problem financial institutions face. Therefore, after carefully considering Taiwan's financial environment, the R.O.C. government on June 27, 2001 passed the Statute for the Establishment and Management of the Executive Yuan's Financial Restructuring Fund (hereinafter simply referred to as the Financial Restructuring Fund Statute), which it subsequently promulgated and implemented by Presidential decree on July 9 of the same year. This Financial Restructuring Fund Statute also serves the purpose of integrating financial markets and stabilizing financial conditions, and may be referred to as a regulation concerned with financial reform that is particularly meaningful to these times.