The Indo-Pacific Regional Meeting of the Second Summit For Democracy, hosted by the Republic of Korea, was held in Seoul on the 30th of March, 2023. There are various views on the democracy summit, but the anti-corruption topic was highly welcomed as the central theme of this summit. In particular,Read More →
Transparency International (TI) today submitted a petition to the United Nations General Assembly to create an international standard for beneficial ownership. This petition was requested to be addressed by the UN General Assembly Special Session Against Corruption (UNGASS 2021), scheduled to be held in June 2021. Including Transparency International KoreaRead More →
Prepared by Abraham Sumalinog The Green Climate Fund (GCF), with its Secretariat in Songdo, South Korea, held its third board meeting (second virtual meeting) on November 9-13, 2020, for four hours daily from 9 PM to 1 AM Korea Standard Time. Starting at 9:05 PM Korea Time, co-chairs Sue SzaboRead More →
19th Transparent Society Awards 2019 Transparency International – Korea announced Transparent Society Award Winners of 2019 Award Recipients: Kwon Jong-Hyun (a school teacher who got fired for reporting school integrity-related irregularities) Im Eun-Jung (a prosecutor who criticized the unfair prosecutions of defendants) Major (…) Lee (the first recognized whistleblower byRead More →
Global Defense Integrity Forum Presented by: Sun-hi Lee, TI-Korea Chairperson As an ex-minister of DAPA and the current chair of TI-Korea, I would like to present my personal view on the following questions. Besides the findings of GI by DI-DSP, there are more analyses on corruption risks in the KoreanRead More →
Anti-corruption Efforts in the Defense Agency of Technology and Quality – an Interview Interview by You Han-Beom, Board Member, TI-Korea On March 12, 2018, you were inaugurated as a president of the Defense Agency of Technology and Quality. Can you tell us a bit about the agency? The DefenseRead More →
Transparency – the beginning of anti-corruption in the defense industry Article by Kwak Geul, Senior Researcher, UN Global Compact Network Korea What is the first thing that comes to mind when you think about the defense industry? The state-of-the-art technology that will be responsible for national security andRead More →
Anti-Corruption Index in the Defense Industry and Recommendation You Han-Beom, Board Member, TI-Korea Recognizing the problems of the corruptive practices in the defense industry The defense industry has a high risk of corruption due to its huge size and high level of secrecy in the decision-making process. Transparency InternationalRead More →
Very Bottom of G20’s Beneficial Ownership Transparency Sanghak Lee (Transparency International Korea) South Korea ranks last among the G20 countries and G20 guest countries on beneficial ownership transparency level based on the research conducted by Transparency International. Transparency International’s research measures the extent to which the G20 countries implementedRead More →
Proper conditions should be established to handle money laundering activities Jung Duck-Bong (Vice President, Korea Financial Industry Union) TI-Korea: Could you please give us your assessment of the meaning and results of beneficial ownership verification policy by the financial institutions. Jung Duck-Bong: I fully agree with the need toRead More →
The government should collect and manage the BO information Ji-yeal Chung (KEB Hana Bank) TI-Korea: Where do you think the relevance of Beneficial Ownership Transparency is situated? Chung Ji-yeal: The beneficial owner (defined as the real owner in Korea’s specific financial information law) of the ‘Blue K’ company, in theRead More →