Establishing a Close Cooperative System through Information Exchange to Enhance Internal Control Systems
Sharing Excellent Anti-Corruption and Integrity Policies
▲Min Jwahong, Standing Auditor of the Credit Guarantee Fund (left), and Choi Gi, Standing Auditor of the Korea Housing Finance Corporation (right), are posing for a commemorative photo at the "Business Agreement Ceremony for Strengthening Audit Competence and Establishing a Culture of Integrity" held at the headquarters of the Korea Housing Finance Corporation on the 25th. Photo by Credit Guarantee Fund.
On the 25th, the Korea Credit Guarantee Fund announced on the 26th that it signed a "Business Agreement for Strengthening Audit Capabilities and Establishing a Culture of Integrity" with the Korea Housing Finance Corporation at the headquarters of the Korea Housing Finance Corporation.
This agreement was prepared to establish a cooperative system for both organizations to practically enhance internal audit capabilities and spread anti-corruption and integrity culture.
Both organizations agreed to actively promote ▲ mutual support for cross audits through specialized and common tasks ▲ mutual support and information exchange to advance internal control systems ▲ sharing of excellent anti-corruption and integrity policies ▲ exchange of audit information and professional personnel to improve audit expertise.
Min Jwahong, Standing Auditor of the Korea Credit Guarantee Fund, said, "Both organizations perform credit guarantee tasks targeting small and medium enterprises and housing demanders respectively, so close cooperation in the audit field is possible," adding, "Through this agreement, the Korea Credit Guarantee Fund will raise audit capabilities to a higher level and move forward as a public institution leading a culture of integrity."
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