[Asia Economy Reporter Kwon Haeyoung] Korea Asset Management Corporation (KAMCO) announced on the 30th that it received a Grade 1 rating in the Anti-Corruption Policy Evaluation of Public Institutions for 2019 conducted by the Anti-Corruption and Civil Rights Commission, achieving the highest grade in the anti-corruption category for four consecutive years?the first financial public institution to do so.


The Anti-Corruption and Civil Rights Commission evaluates anti-corruption efforts autonomously undertaken by public institutions at all levels to enhance the integrity of the public sector. Among the 270 institutions evaluated, only two, including KAMCO, have earned the highest grade for four consecutive years.


In this evaluation, KAMCO received perfect scores in specific tasks such as ▲operation and performance of the Integrity Citizen Auditor system ▲implementation of recommended tasks for institutional improvements in anti-corruption ▲strengthening the operation of the Code of Conduct for Public Officials ▲enhancing the effectiveness of anti-corruption and integrity education.



Moon Sung-yoo, President of KAMCO, stated, "Going forward, KAMCO will utilize the unique characteristics of its institutional duties to improve anti-corruption systems that meet the increasingly high expectations of the public and continue to spread a culture of integrity. We will strive to earn the trust of the people as a clean and fair public asset management specialized institution."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing