UNGASS-2021-BOAT

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 →

The ruling and opposition parties must form a candidate recommendation committee and launch the Corruption Investigation Office for High-ranking Officials (CIO) without delay. The Corruption Investigation Office for High-ranking Officials Act was set to take effect on July 15 amid overwhelming public support as a way of reforming the prosecution,Read More →

beneficial-ownership-table-1

We should adopt an Anti-money Laundering policy which complies with international standards, immediately. 4. Mar. 2020. In April, the FATF (Financial Action Task Force) has published the Mutual Evaluation Report of the Republic of Korea (Korea) on anti-money laundering and counter-terrorist financing measures, which was processed from January 2019 toRead More →

TI-Korea CPI 2019 Press Release January 23, 2020 Transparency International-Korea Report on South Korea’s transparency from the 2019 Corruption Perception Index (CPI 2019) “We must promote a sustainable and systematic anti-corruption policy more strongly and rise to a more developed country.” South Korea ranks 39th out of 180 countries inRead More →

cpi-2017-global-map

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 →

global-corruption-barometer

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 →

anti-corruption

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 →