Public Exposure - World Credit Organization

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6.6 Public Exposure

Public exposure is a credit punishment tool designed by the World Credit Organization [WCO] and used by the International Credit Arbitration Commission and the International Moral Court. The applicable standard: "ICE8000 International Credit Standard System Public Exposure Standard" (https://www .ice8000.org/acnhwgc/30.html).

6.6.1 Release conditions for public exposure

If the relevant responsible person refuses to perform the effective judgment or ruling of the International Credit Arbitration Commission or the International Moral Court, the relevant party may apply for the release of publicly exposed information. After receiving the application, the International Credit Arbitration Commission and the International Moral Court should release the publicly exposed information.

Before the public exposure of information takes effect, the International Credit Arbitration Commission and the International Moral Court should try to serve the exposed person once, giving them a chance to object and make corrections. If delivery is unsuccessful, no objection correction period will be granted.

6.6.2 Features of publicly exposed information

1. After the public exposure information takes effect, it will be publicly disseminated.

2. The penalties for public exposure are relatively high, which is suitable for increasing credit penalties after public complaints, public complaints, and credit warnings are invalid, or credit penalties for those who violate the ICE8000 standard.

3. After the information takes effect, it will be recorded in the ICE8000 blacklist database. Even if the party corrects the relevant behavior, the information cannot be revoked and deleted immediately. The information will not automatically expire until 5 years after the date when the exposed person corrects his dishonest behavior or obtains the victim's forgiveness.

Fourth, because this procedure is more about punishment, it is generally not recommended to use this procedure as a first-time procedure.

The above content is excerpted from "Introduction to ICE8000 Credit Knowledge" (written by Fang Bangjian, free to use, but please indicate the source)