The ACRC Listens to Experts and Partner Organizations
to Spread Integrity and Ethical Management Efforts

- The ACRC hosted policy meeting with six public companies, such as KEPCO and LH, to develop K-Integrity and Ethics Compliance Evaluation & Certification System (K-CP)

- The ACRC is to distribute detailed guidelines for the K-CP in May

(23^rd Feb. 2022, ACRC)

On 23^rd February, Anti-Corruption and Civil Rights Commission hosted a policy meeting for the introduction of K-Integrity and Ethics Compliance Evaluation & Certification System (hereinafter K-CP). This meeting was intended to listen to the experts and stakeholders about the manual and implementing methods of the K-CP prepared by Anti-Corruption and Civil Rights Commission.

* K-Integrity and Ethics Compliance Evaluation & Certification System (K-CP): A system that encourages public enterprises, in their management, to voluntarily comply with ethics-and compliance-related laws and prevent, detect and improve corruption risks. In accordance with the Article 12 (Functions) and Article 5 (Duties of Enterprises) of the Act on the Prevention of Corruption and the Establishment and Management of the Anti-Corruption and Civil Rights Commission, the ACRC started developing the system (formerly, Compliance and Ethics Program) in April 2021 as an anti-corruption and integrity innovation project.

This meeting was attended by 15 people, including five experts and representatives from six public companies, namely Korea Land and Housing Corporation (LH) and Korea Electric Power Corporation (KEPCO) that signed MoUs on integrity and ethical management with the ACRC in August. Reflecting the discussion in the meeting, the ACRC is to update the K-CP manual and distribute it around May.

Based on the analysis of literature in Korea and other countries, feedback from experts and stakeholders, and discussion sessions, the ACRC developed the draft version of the manual for the K-CP (detailed guidelines).

The manual includes key indicators, performance evaluation criteria, operational plan for assessment and certification of the K-CP.

Before distributing the manual, the ACRC will pilot the system by April at six organizations with which it signed MoUs. These organizations, including KEPCO and LH, will establish and implement operational plan according to the manual. The ACRC will also guide them by informing key focuses and areas for improvement through customized education considering the characteristics of each organization.

After distributing the manual in May, the ACRC will encourage continued integrity and ethical management efforts through the following activities: 1) evaluation and assessment of integrity and ethical management performance for 20 organizations that voluntarily apply for it; 2) consultation and awards of the ACRC for the organizations with great evaluation outcomes; and 3) education on anti-corruptive and ethical management for public organizations.

An ACRC Official said, “as a central anti-corruption agency of Korea, the ACRC has been making continued efforts to enhance integrity and ethical management,” and “this meeting is a milestone for the long journey of creating the K-CP that started last year. The ACRC will closely review the discussion today and implement the system without any problems.”

An ACRC Official added, “the ACRC will actively make efforts for the spread of integrity and ethical management, so that Korea can become one of top 20 countries in the Corruption Perception Index.”