Starting in 2024, South Korea is set to unveil a groundbreaking initiative: the disclosure of cryptocurrency holdings by National Assembly members and high-ranking officials. This move, aimed at boosting transparency and trust in public service, involves nearly 5,800 public officials. The Public Ethics Transparency Initiative (PETI) promises easier access and more efficient processes for asset disclosure. Learn how this significant change will transform public asset transparency in South Korea. Public Asset Disclosure of Nearly 5,800 Officials in South Korea On December 27, 2023, South Korea's central administrative agency, the Civil Service Ethics Division, announced that due to amendments to the ...
