Financial Supervisory Service Achieves Grade 2 in Anti-Corruption and Civil Rights Commission's Comprehensive Integrity Assessment
The Financial Supervisory Service announced on December 23 that it received a Grade 2, an excellent rating, in this year's comprehensive integrity assessment of public institutions conducted by the Anti-Corruption and Civil Rights Commission.
The Financial Supervisory Service received a Grade 2 in both 2022 and 2023, but dropped to Grade 3 last year. After one year, it has returned to Grade 2.
The comprehensive integrity assessment consists of two main categories: "Perceived Integrity" (60%), which evaluates perceptions and experiences of corruption in both external and internal work processes, and "Integrity Effort" (40%), which assesses the establishment and operation of anti-corruption systems. After combining the two categories, points are deducted for any corruption incidents.
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The Financial Supervisory Service emphasized that this year, it achieved its highest-ever rating of Grade 2 in the Integrity Effort category, and that there were no corruption incidents, which are typically grounds for point deductions.
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