KAMCO Picks Up Grand Prize in Public Sector at 2026 Korea Compliance Awards

Cha Sang-hwi (right), head of the Compliance Management Office at KAMCO poses for a photo with Kim Eun-sung, Chairwoman of the Korea Compliance Association at the 2026 Korea Compliance Awards on May 21. (Photo: KAMCO)

The Korea Compliance Awards organized by the Korea Compliance Association (KCA) is an awards ceremony that selects outstanding organizations that have contributed to the development of compliance management systems and the spread of compliance cultures in Korea.

In the evaluation, KAMCO was highly praised for establishing a compliance management system and culture in which all employees can participate, and for continuously upgrading internal control levels.

In particular, the company received favorable evaluations for operating employee meetings on corruption-vulnerable areas with direct participation from management, reflecting feedback from the field in institutional improvements, and establishing a management system capable of inspecting and preventing risk factors.

Furthermore, starting this year, KAMCO is making a lot of efforts to foster a horizontal and ethical organizational culture by establishing anonymous and face-to-face communication channels to identify unreasonable elements within the organization and reflecting them on policies.

“This award is quite meaningful as it is the result of KAMCO’s company-wide efforts to establish a culture of compliance management,” KAMCO Vice President Lee Jong-guk said.

“KAMCO will continue to do its utmost to become a leading institution in ethical management by faithfully carrying out internal control activities.”

Signing Agreement with Daegu Rehabilitation Court to Sell Bankruptcy Estate Assets via OnBid

KAMCO announced that it signed a memorandum of understanding supporting the efficient liquidation of bankruptcy estate assets with the Daegu Rehabilitation Court on May 20, at the New Annex of the Daegu Court Complex.

This MOU was signed to sell assets that have entered bankruptcy proceedings more quickly and fairly. Accordingly, OnBid, a public asset disposal platform operated by KAMCO, will be actively utilized for the disposal of assets of bankruptcy estates in the future.

Instead of the previous method of selling bankruptcy estate assets on-site, the introduction of the Onbid Electronic Bidding System is expected to allow more people across the country to participate in bidding events, thereby enhancing the speed and fairness of the sale process and helping debtors quickly settle their debts and return to economic activities in a stable manner.

Since November 2024, KAMCO has sequentially signed business agreements with four rehabilitation courts in Seoul, Busan, Suwon, and Gwangju, as well as three district courts in Ulsan, Jeonju, and Cheongju.

The company plans to continue expanding cooperation with district courts nationwide and newly opened rehabilitation courts to support the efficient sale of bankruptcy estate assets and strengthen its role as a specialized public asset sale agency.

Meeting with Those in Credit Business

KAMCO announced that it held a meeting with those in the credit business, including an official of the Common Loan Finance Association, regarding the New Leap Fund and New Start Fund under the management of KAMCO in the Main Conference Room of KAMCO Yangjae Tower, presided over by KAMCO President Jeong Jeong-hoon on May 21.

The meeting was held to examine the current status of participation in policies by those in the credit business and to discuss improvement measures to enable them to participate more actively in policies for the New Leap Fund and New Start Fund.

KAMCO President Jeong expressed gratitude to the lending companies that signed the agreement.

“Thanks to the active participation of lending companies, the New Leap Fund and New Start Fund were able to support many financially vulnerable people in need,” Jeong said.

“We will review policy improvement measures based on the opinions of those in the credit business which I collected today.”

“Lending companies that have sold their debt to the New Leap Fund can acquire debt eligible for the Personal Delinquency Purchase Fund, which is one of the incentives offered by the financial authorities,” he said.

Thus, lending companies that have not yet joined the Common Loan Finance Association are showing interest,” said a participant from a lending company.