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The phrase "lack of transparency" is correct and can be used in written English.
It typically refers to a situation where there is a lack of clarity or openness in communication or decision-making processes. Example: The company's financial dealings have been criticized for their lack of transparency, causing concern among shareholders.
Exact(60)
Lack of transparency isn't just some abstract, philosophical problem.
Lack of transparency is thus one of the fund's problems.
Lack of transparency and difficult distribution can have negative results".
5. Lack of transparency.
There's a lack of transparency.
Alleged lack of transparency in financial matters.
"There is a total lack of transparency.
"There's a complete lack of transparency".
"It caused misuse, lack of transparency".
Greenpeace also criticised the lack of transparency.
Anderson agreed that a lack of transparency fuels mistrust.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com