diff --git a/src/common/transformations/include/transformations/rt_info/disable_fp16_compression.hpp b/src/common/transformations/include/transformations/rt_info/disable_fp16_compression.hpp
index 0ecbd3641adc78..065e2ad29f7a21 100644
--- a/src/common/transformations/include/transformations/rt_info/disable_fp16_compression.hpp
+++ b/src/common/transformations/include/transformations/rt_info/disable_fp16_compression.hpp
@@ -25,14 +25,19 @@ TRANSFORMATIONS_API void do_not_postpone_fp16_compression(RTMap& rt_info);
 /**
  * @ingroup ie_runtime_attr_api
  * @brief DisableFP16Compression class represents runtime info attribute that marks operation
- * as prohibitted to convert to FP16 as part of Compressed Only format.
+ * as prohibited to convert to lower precision (e.g. to FP16) and they should be inferred precisely in the original
+ * precision.
  */
 class TRANSFORMATIONS_API DisableFP16Compression : public RuntimeAttribute {
 public:
-    OPENVINO_RTTI("disable_fp16_compression", "0");
+    OPENVINO_RTTI("precise", "0");
 
     DisableFP16Compression() = default;
 
+    bool visit_attributes(AttributeVisitor& visitor) override {
+        return true;
+    }
+
     bool is_copyable() const override {
         return false;
     }
diff --git a/src/core/src/pass/serialize.cpp b/src/core/src/pass/serialize.cpp
index c879e8780f1370..beb3910291ae16 100644
--- a/src/core/src/pass/serialize.cpp
+++ b/src/core/src/pass/serialize.cpp
@@ -1208,6 +1208,14 @@ void serializeFunc(std::ostream& xml_file,
 namespace ov {
 bool pass::Serialize::run_on_model(const std::shared_ptr<ov::Model>& model) {
     RUN_ON_FUNCTION_SCOPE(Serialize);
+
+    // TODO xxx-105807: if rt_info is set in python api as a string ['precise_0'] = '',
+    //  we need to convert value to a class in order to have rt_info in the IR. The code below will convert
+    // ['precise_0'] = '' into => rt_info['precise_0'] = DisableFP16Compression{}
+    for (auto& node : model->get_ops())
+        if (fp16_compression_is_disabled(node))
+            disable_fp16_compression(node);
+
     if (m_xmlFile && m_binFile) {
         serializeFunc(*m_xmlFile, *m_binFile, model, m_version, m_custom_opsets);
     } else {
diff --git a/src/core/tests/pass/serialization/rt_info_serialization.cpp b/src/core/tests/pass/serialization/rt_info_serialization.cpp
index 78c25323a8c110..581b9a84457df4 100644
--- a/src/core/tests/pass/serialization/rt_info_serialization.cpp
+++ b/src/core/tests/pass/serialization/rt_info_serialization.cpp
@@ -112,6 +112,34 @@ TEST_F(RTInfoSerializationTest, all_attributes_latest) {
     check_info(add->output(0).get_rt_info());
 }
 
+TEST_F(RTInfoSerializationTest, rt_info_precise_test) {
+    auto init_info = [](ov::RTMap& info) {
+        info[ov::DisableFP16Compression::get_type_info_static()] = ov::DisableFP16Compression{};
+    };
+    auto check_info = [](const ov::RTMap& info) {
+        const std::string& key = ov::DisableFP16Compression::get_type_info_static();
+        ASSERT_TRUE(info.count(key));
+    };
+
+    std::shared_ptr<ov::Model> function;
+    {
+        auto data_1 = std::make_shared<ov::opset8::Parameter>(ov::element::Type_t::f32, ov::Shape{1, 10});
+        auto data_2 = std::make_shared<ov::opset8::Parameter>(ov::element::Type_t::f32, ov::Shape{10, 1});
+        auto matmul_1 = std::make_shared<ov::opset8::MatMul>(data_1, data_2);
+        init_info(matmul_1->get_rt_info());
+        auto result = std::make_shared<ov::opset8::Result>(matmul_1);
+        function = std::make_shared<ov::Model>(ov::ResultVector{result}, ov::ParameterVector{data_1, data_2});
+    }
+    ov::pass::Manager m;
+    m.register_pass<ov::pass::Serialize>(m_out_xml_path, m_out_bin_path);
+    m.run_passes(function);
+    auto f = getWithIRFrontend(m_out_xml_path, m_out_bin_path);
+    ASSERT_NE(nullptr, f);
+
+    auto matmul = f->get_results()[0]->get_input_node_ptr(0);
+    check_info(matmul->get_rt_info());
+}
+
 TEST_F(RTInfoSerializationTest, all_attributes_v10) {
     auto init_info = [](ov::RTMap& info) {
         info[ov::FusedNames::get_type_info_static()] = ov::FusedNames("add");