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"the lack of transparency" is a correct and commonly used phrase in written English.
It refers to a situation where there is a lack of honesty, openness, or clarity. Example: The company's financial records were shrouded in secrecy, causing concern among investors due to the lack of transparency in their operations.
Exact(58)
Greenpeace also criticised the lack of transparency.
The lack of transparency and accountability is disturbing.
"I have concern with the lack of transparency.
This was where the lack of transparency became a problem.
Burr actually bragged about the lack of transparency.
We're disappointed in the lack of transparency on WADA's part".
Investors didn't care much about the lack of transparency.
The lack of transparency is not the only problem, however.
The lack of transparency in China's economy is another problem.
Risks attend those who question the lack of transparency.
Many investors still remain worried about the lack of transparency.
More suggestions(17)
the lack of scrutiny
the lack of objectivity
the lack of insight
the lack of openness
the lack of frankness
the lack of disclosure
the lack of honesty
the lack of accountability
the lack of visibility
the lack of fairness
the lack of open
the lack of openly
the lack of opening
the lack of seamless
the principle of transparency
the light of transparency
the effect of transparency
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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