HF Inks MOU for Advanced Audit, Anti-Corruption, and Integrity Operations

 - HF set to share audit information and resources with KSPO and KOSPO 

Korea Housing Finance Corporation (HF, CEO Lee Jung-Hwan) announced on May 3, 2019, that it signed a memorandum of understanding (MOU) with Korea Sports Promotion Foundation (KSPO) and Korea Southern Power (KOSPO) to advance their audit quality and anti-corruption and integrity efforts.

The MOU is designed to build a close-knit network of cooperation on their overall audit functions and thereby improve their internal audit competencies. 

By signing the MOU, the three corporations agreed to share ▲ best practices and other related information for advanced and more efficient audit operations, ▲ audit methodologies and resources for efficient audit operations, and ▲ outstanding policies as part of their joint efforts to advance their audit operations and disseminate a culture of anti-corruption and integrity. 

HF Audit Officer Lee Dong-Yoon said, “We hope that this MOU helps all three corporations reinforce our own audit capabilities, lead a culture of anti-corruption and integrity, and in turn promote our mutual development as public institutions.”

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HF Permanent Audit Officer Lee Dong-Yoon (left) poses for a photo with KSPO Permanent Audit Officer Jeon Yoon-Ae and KOSPO Permanent Audit Officer Son Seong-Hak (right) after concluding the MOU for Advanced Audit, Anti-Corruption, and Integrity Operations at KOSPO’s Grand Conference Room in Busan International Finance Center located at Munhyeongeumyung-ro, Busan, on the 3rd.