Korea Racing Authority passes post-examination to certify anti-corruption management system

Oct 10, 2024

 Korea Racing Authority passes post-examination to certify anti-corruption management system
Korea Racing Authority Main Building
The Korea Racing Authority (Chairman Chung Ki-hwan) passed the post-certification review of the integrated certification of the anti-corruption and compliance management system acquired for the first time last year on the 25th of last month.

The Anti-Corruption and Compliance Management System (ISO 37001 and 37301, respectively) is an international standard that evaluates whether the corporate ethical management system meets global standards, and the reliability of the certification is enhanced through strict management, such as passing a post-examination for two years after the initial certification and receiving a renewal review in the third year.

The integrated certification acquired by the Korea Racing Authority last year is not limited to specific workplaces or specific occupations, but targets all workplaces and executives and employees. Effective activities have been promoted, such as implementing all the previous year's improvement recommendations to maintain certification.

As a result, the Korea Racing Authority passed the post-certification examination with zero cases of 'inadequate matters' in the sampling examination of 21 departments and executive interviews confirming the CEO's commitment to ethical integrity management. After that, the improvements derived will be reflected in the establishment of the next year's plan, and active improvement activities will be continued.

Chung Ki-hwan, Chairman of the Korea Racing Authority, said, `The anti-corruption and compliance management system is the basis for contributing to our society through ESG management along with the sustainable future of the company, and is already common in many companies"We will actively support such management systems to be effective and universally used by all executives and employees." he said.





wman@sportschosun.com