[서울신문] This time, the Financial Supervisory Service’designated as a public institution’ reserved… “Imposed high-intensity conditions”

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▲ Financial Supervisory Commissioner Yoon Seok-heon is drinking water after answering inquiries from lawmakers at a state administration audit for the Financial Supervisory Service held at the National Assembly in Yeouido, Seoul on the 13th. Regarding the suspension of redemption of the’lime fund’, Director Yoon said, “It is necessary to consider the direction of (payment) first by agreeing on the estimated loss.”
Senior Reporter Kim Myung-guk [email protected]

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The Ministry of Strategy and Finance’s Public Institution Steering Committee (Kongwoon Committee) deliberated and decided on the ‘2021 Public Institution Designation Proposal’.

According to the Public Relations Commission, a total of 350 institutions have been confirmed as management targets under the’Public Institution Management Act’ this year. Public enterprises have been confirmed with 36 institutions without change. The number of quasi-governmental institutions increased from 95 to 96, and other public institutions from 209 to 218.

■ Financial Supervisory Service designation reservation… Re-designation is possible if conditions are not fulfilled

The designation of a public institution by the Financial Supervisory Service, which was one of the biggest concerns among the agenda items of the Public Service Commission, has been reserved. The official said, “As a result of reviewing the current status of the existing reservation conditions, it was evaluated as being in full compliance. It was decided to impose more stringent conditions.

First, it was decided to increase the fairness and objectivity of management performance evaluation by raising the weight of the metric indicators to the Financial Supervisory Service from the 30% range to the 40% level, and reimbursing incentives when fraudulent behavior is identified in the evaluation process. In addition, the customer satisfaction survey was conducted annually at the level of public institutions, and the results were reflected in the management evaluation. Currently, the Financial Supervisory Service selects some customers and conducts surveys only irregularly. In addition, it was decided to prepare measures to increase the efficiency of organizational operation, such as further reduction of higher ranks and overhaul of overseas offices.

The Financial Services Commission, which controls the budget for the Financial Supervisory Service, should report the detailed implementation plan of the reinforced reservation conditions to the Public Transportation Commission during the first half of the year. The Gongwoon Committee said, “If the future performance is insufficient, we plan to actively review the designation of a public institution (by the Financial Supervisory Service),” suggesting that it could be brought back to the table at any time.

Accordingly, the Financial Supervisory Service avoided designating public institutions again this year. The Financial Supervisory Service, which was designated to other public institutions in 2007, was lifted in 2009 to ensure independence and autonomy in supervisory work. However, the Ministry of Knowledge Economy placed a conditional re-designation reservation on the Financial Supervisory Service in 2018, and the re-designation has been discussed every year since. If the FSS has been designated as a public institution, the central government can intervene in budget, personnel, and management evaluation. In this case, the Financial Supervisory Service is subject to intensive control of the Ministry of Finance, and there is a concern that independence may be impaired. For this reason, he previously submitted an opinion to the Financial Services Commission’s Ministry of Finance, saying, “As it is under the control of the Financial Services Commission, it is not profitable to designate a public institution.” “The current FSS budget is also strictly in accordance with the guidelines of public institutions.”

■Citizens Financial Promotion Agency and other public institutions→Quasi-governmental organization

On this day, the Gongwoon Commission changed the type type to a quasi-governmental institution and designated it as a quasi-governmental institution in accordance with the legal requirements of the Public Finance Promotion Agency, which has been designated as other public institution. In addition, Korea Expressway Corporation Service and KEPCO MCS were newly designated as public institutions. Unlike other subsidiaries, these are large-scale institutions that provide services to the public, and they explained that they took into account the need to enhance publicity and accountability. In addition, Korea Institute of Construction Technology Education, Institute of Architectural Space, Institute of Geospatial Information Quality, National Aviation Museum, National Maritime Science Museum, National Honam Biological Resources Center, Next Generation Numerical Prediction Model Development Project Group, Korea Employment and Labor Education Institute, Korea Institute of Materials Research, Korea Institute of Fusion Energy It was included in the designation target.

An official from the Kongwoon Commission said, “Other public institutions that are newly designated will greatly increase the transparency of the institution through management disclosures and customer satisfaction surveys.” It is expected that the responsibility for the operation of the institution and the quality of service to the public will be improved.” He added, “We plan to closely check the implementation plan and performance of the new reservation conditions so that practical management and supervision of the designated FSS can be strengthened.”

Reporter Sejong Na Sang-hyun [email protected]

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