Founded in 2005 to increase national wealth and contribute to the growth of Korea’s finance industry
The Corporation shall specify work procedures and standards that should be observed by officers/employees to ensure sound investment and to protect the interests of sponsors pursuant to related law.
Officers/employees shall fulfill their fiduciary duty and carry out their duties in good faith.
The sponsors’ interests shall precede the interests of the Corporation and officers/employees. The interests of each sponsor shall be treated equally.
Officers/employees shall not commit acts that are or may be in conflict with the interests of the Corporation and the sponsors.
The Corporation shall set up Chinese Walls to block the exchange of information between departments that have access to confidential data and departments whose functions are not related to such data. The Chinese Walls may be in the form of separate workspaces, blocking access to computer systems, separate reporting hierarchies, and separate storage of documents.
Officers/employees shall refrain from the following unfair acts:
Officers/employees who wish to trade in financial and investment products that correspond to the items under Article 64, Paragraph 2 of the Enforcement Ordinance of the Financial Investment Services and Capital Markets Act for their own interest shall abide by the following:
Soft dollars are permitted only for research and analysis that will enhance investment capability, discounts on service and brokerage fees related to investment.
Officers/employees shall take precautions to prevent exploitation of the Corporation in any money laundering activities.
The Corporation shall introduce guidelines for the procedure for handling and reporting a grievance, complaint, or dispute related to the sponsors. Any grievance or dispute shall be given priority over other duties and handled in a prompt manner.