Korea Technology Finance Corp. Named First Public-Sector AI Ethics Compliance Body

by JUNG YEON WOO Posted : May 7, 2026, 14:58Updated : May 7, 2026, 14:58
Park Ju-seon, executive director of Korea Technology Finance Corp., and Kim Hyeong-cheol, president of the National Information Society Agency, pose for a photo after signing an agreement. Photo: Korea Technology Finance Corp.
Park Ju-seon, executive director of Korea Technology Finance Corp., and Kim Hyeong-cheol, president of the National Information Society Agency (left), pose for a photo after signing an agreement at NIA headquarters in Dong-gu, Daegu, on May 6. [Photo=Korea Technology Finance Corp.]

Korea Technology Finance Corp. said it signed an agreement with the National Information Society Agency, or NIA, to promote a trusted public-sector shift to artificial intelligence.
The agency said it was also designated the first public institution to be recognized as an “AI ethics compliance organization,” a status that acknowledges its AI use.
7일 기보에 따르면 the agreement was pursued under the “Framework Act on Artificial Intelligence,” which took effect in January, as KOTEC moved to build an AI ethics implementation system in advance and spread a trust-based AI culture to small and venture businesses.
Under the agreement, the two organizations will jointly work on AI ethics education and consulting for small and venture firms; publicity and awareness efforts; identifying best practices in public-sector AI transformation cooperation; complying with AI ethics guidelines and establishing AI adoption processes; and running AI ethics training for employees.
KOTEC, a technology finance institution under the Ministry of SMEs and Startups, supports innovation and growth among small and venture businesses and has expanded AI use across its work, including technology evaluation, guarantees and corporate support.
NIA has operated the AI ethics compliance designation for private-sector organizations since 2024. KOTEC said selection requires at least 70% of employees to complete AI ethics training and for AI ethics principles to be codified.
A KOTEC official said the agency has operated its own AI ethics standards since 2024 and met the designation requirements after conducting employee training last month.
KOTEC said it will work with NIA’s AI ethics policy and training expertise to systematically manage key risks that can arise in AI use, including bias, personal data protection, explainability and accountability, and to strengthen internal compliance. It said it aims to set an example for public-sector AI transformation as an AI ethics compliance organization.
The agency also said it plans to use its support network for small and venture businesses to expand AI ethics education and consulting in the field.
Park Ju-seon, KOTEC executive director, said the designation would be used to advance its ethics framework and pursue a responsible AI transition across the agency’s operations.



* This article has been translated by AI.