The ministry said it approved “the 2025 integrated disclosure inspection results and follow-up measures” at the fifth 2026 Public Institution Steering Committee meeting, chaired by Second Vice Minister Heo Jang, on April 30.
Under the 2007 law on the management of public institutions, all public agencies must disclose key management information through a public system. The ministry conducts regular annual checks to improve the reliability of the disclosures.
The review found 18 “excellent disclosure institutions” that received no penalty points for integrated disclosure violations for three consecutive years, or two years for other public institutions. That was up four from the previous year. Fourteen institutions were classified as “improved disclosure institutions,” meaning their penalty points fell by at least 50% for two straight years.
This year, the number of institutions receiving an “institutional caution” or labeled a “poor disclosure institution” fell to zero, the ministry said. An institutional caution applies to agencies with more than 20 penalty points in a year, while poor disclosure institutions are those with more than 40.
The ministry attributed the improvement to joint efforts by the government and public agencies, including tailored training and consulting for weaker performers and incentives for top performers. It also cited stronger internal controls and advance checks to prevent disclosure errors.
The ministry said it will reflect the results in performance evaluations for state-owned enterprises and quasi-government agencies, as well as evaluations of other public institutions conducted by supervising ministries. It plans incentives for excellent disclosure institutions, including exemption from the next year’s disclosure inspection and preferential treatment in management evaluations.
“As the public’s expectations for the right to know and for transparency at public institutions have risen, the quality of management disclosures must continue to improve,” Heo said. He added that the government will use the integrated disclosure inspection system to further raise disclosure standards.
* This article has been translated by AI.
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