CPI-Interview with TI’s Asia-Pacific Expert
“The prevention and sanctioning methods apply not only to the public sector but also to the private” There has been much buzz in the political and business spheres lately about Korea’s ranking in the 2017 Corruption Perception Index (CPI). In Korean society, private actors have been known to beRead More →
Korea Electric Power Corporation (KEPCO)
Integrity Report 2018 Korea Electric Power Corporation (KEPCO) The Korea Electric Power Corporation (KEPCO) was ranked 1st in Transparency International-Korea’s 2016 report on “Transparency in Corporate Reporting”, scoring high percentages in Anti-Corruption Programmes (ACP), Organisational Transparency (OT), and Country by Country (CBC) criteria. While most of the companiesRead More →
South Korea’s Corruption Perception Index Ranking for 2017
Corruption Perception Index 2017 (CPI 2017) Press Release Statement – Transparency International-Korea (TI-Korea) This year should be the turning point in raising South Korea’s ranking on anti-corruption. The country’s transparency ranking dropped in TI’s CPI 2017 result fundamentally due to the scandal committed by Choi Soon-sil and Park Geun-hye. Read More →
Koreans poorly rate their government’s actions to fight public sector corruption
Koreans poorly rate their government’s actions to fight public sector corruption Analysis by Sanghak Lee (Board Member, Transparency International-Korea) Transparency International (TI) publishes the Global Corruption Barometer (GCB) every year: It is the biggest ever survey tracking world-wide public opinion on corruption. Since its debut in 2003, the GCB hasRead More →
“Shocking corruption survey results might hit the peak this year”
“Shocking corruption survey results might hit the peak this year” An interview with criminologist Hak-Mo Daniel Park on the poor results of the Global Corruption Barometer (GCB) for South Korea and the tasks of the political, economic and religious elite in fighting corruption. Interview conducted by Sanghak Lee, Board Member ofRead More →
A Tale Of Four Funds
A Tale of Four Funds EXECUTIVE SUMMARY Climate finance is essential in catalyzing global and national efforts to safeguard the environment and people’s lives and to avoid serious climate change. It involves flows of public money intended to support developing countries to reduce greenhouse gas emissions and adapt to environmentalRead More →
“I am worried about poor certification”
An interview with Prof. Chang Hoon Cho on the risks and benefits of ISO 37001 and the task of the Korean government. TI-Korea: What is the main message ISO 37001 sends to our society and business? Cho Chang Hoon: There are global standards that can govern the ‘giving side’ as wellRead More →
“Compliance should become part of the new Korean culture”
An Interview with Sangwoo Kim, Director of the Korean Foundation for Quality (KFQ), on the global efforts of combating corruption and the responsibility of Korean companies. TI-Korea: What is the main message that ISO 37001 sends to our society and business? Sangwoo Kim: ISO 37001 is the first certified standard forRead More →
New Standards Strengthen Anti-Bribery Regulations
by Seong Uk Han (Director of Deloitte Korea) A recent estimate by the International Monetary Fund put the annual cost of bribery at approximately 2% (2 trillion US-Dollars) of the global Gross Domestic Product (GDP). Bribery in its nature is one of the most clandestine types of fraud, and countriesRead More →
Citibank invites tech firms from around to help fight corruption
New Rubric: Integrity Report 2017 Citibank invites tech firms from around the world to help fight corruption Global banking giant Citigroup is trying to eliminate public sector corruption and improve transparency, in a new global challenge that has drawn thousands of entries from around the world. The so-called “CitiRead More →
ISO 37001 – A Global Anti-Bribery Management System
ISO 37001 – A Global Anti Bribery Management System With bribes estimated at 2 trillion US-Dollars paid across the globe each year, bribery is among the most destructive and challenging of issues. It is a widespread form of corruption that has a corrosive effect on society, public trust, economic developmentRead More →