Small Enterprise and Market Service Wins Grand Prize in Program Category at 'Korea Compliance Awards'
Organization-Wide Ethical Risk Management Program
Operation of 'Sweeping Away Corruption-Prone Blind Spots!'
Recognized for Leading the Spread of Integrity Culture
The Small Enterprise and Market Service announced on the 24th that it received the Grand Prize in the Program category at the 2025 Korea Compliance Awards ceremony for the second half of the year. The Korea Compliance Awards are presented by the Korea Compliance Association to organizations that have contributed to the development of compliance culture-meaning the responsibility and duty for ethical awareness and legal compliance within organizations-and to the spread of a culture of compliance management in Korea.
Eunseong Kim, Chairman of the Korea Compliance Association (left), and Jungwook Lee, Head of the Seoul Regional Headquarters of the Small Enterprise and Market Service, are posing for a commemorative photo. Small Enterprise and Market Service
View original imageThe Small Enterprise and Market Service, which won the Grand Prize in the newly established 'Program' category this year, was highly evaluated for operating organization-wide ethical risk programs, including integrity and ethics, anti-corruption initiatives, and internal control activities. Under the theme 'Sweeping Away Corruption-Prone Blind Spots!', the organization established a four-line defense internal control system led by the head of the agency and a three-stage corruption risk verification system. It also reflected the results of comprehensive integrity assessments in executive management performance contracts, leading to substantial improvements.
In addition, various initiatives to internalize ethical management were promoted, including: ▲ identifying corruption-prone areas across all departments ▲ introducing organizational evaluations related to compliance activities ▲ designating outside directors as experts in ethical management ▲ launching an anti-corruption and integrity consultative body.
Hot Picks Today
[Breaking] Samsung Electronics Management: "The Principle That Rewards Are Given Where There Are Results Has Been Upheld"
- "It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Park Seonghyo, Chairman of the Small Enterprise and Market Service, stated, "This award is the result of various efforts to establish a culture of integrity, going beyond mere institutional compliance," and added, "We will continue to develop our organization-wide compliance model and take the lead in spreading a trusted organizational culture."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.