Introduction to Credit Supervision-World Credit Organization

8.1 Introduction to Credit Supervision

1. The concept of credit supervision

Credit supervision refers to the use of credit threat or credit punishment to urge the defaulter to fulfill the promise.

The credit supervision procedure itself is also a credit dispute resolution procedure. After the supervision procedure is started, if the person being supervised raises an objection, the international credit practitioners will use the form of professional opinion to independently , Neutral and impartial mediation and handling of disputes between disputing parties.

2. Problems solved by the credit supervision procedure

1. Employees have dishonest behaviors;

2. The quality of the products provided by the supplier is not up to standard;

3. Government officials infringe on the legitimate rights and interests of enterprises;

4. Other problems caused by dishonesty.

3. The relationship and difference between the credit supervision procedure and the legal supervision procedure

1. Both legal supervision procedures and credit supervision procedures are supervision procedures. The former relies on public power (state power); the latter relies on private power (people's freedom of speech and the right to evaluate others, or both parties' prior agreed CS terms).

2. In the legal supervision procedure, after the person being supervised raises an objection, the payment order of the legal supervision procedure will immediately become invalid, and the supervision procedure will be suspended immediately.

3. In the credit supervision procedure, the credit supervision procedure will be suspended only when the objection raised by the person being supervised is justified. Otherwise, the credit supervision procedure enters the credit penalty stage according to the warning clause. Of course, if the credit punishment is wrong and constitutes defamation, the supervisor should bear the corresponding legal responsibility for his fault.

4. The connection and difference between the credit supervision procedure and the credit commercial debt collection procedure

1. The credit commercial account collection procedure is essentially a credit supervision procedure, but it is more complicated and professional.

2. Since the "ICE8000 Credit Commercial Debt Collection Standard" is earlier than the "ICE8000 Credit Supervision Standard", the credit supervision procedure can also be understood as: the extension of the credit commercial debt collection procedure to matters other than commercial account business.

V. External Credit Supervision Procedures and Internal Credit Supervision Procedures

ICE8000 credit agency accepts the entrustment of the parties to start the credit supervision procedure according to the "ICE8000 Credit Supervision Standard". Compared with the parties, we call it the external credit supervision procedure. The credit supervision procedure directly initiated by the parties themselves with reference to the "ICE8000 Credit Supervision Standard" is called the internal supervision procedure.

Units with international credit practitioners or simple untrustworthy behaviors in the case may use internal supervision procedures. For complex and controversial untrustworthy conduct, it is recommended to use external credit supervision procedures.

6. Difficulties in credit supervision work

There are two difficulties in credit supervision work:

1. Principled identification of the nature of the behavior.

Does the behavior of the other party constitute dishonesty, malicious dishonesty, major dishonesty, support for evil, illegal acts, or criminal acts? Are there any untrustworthy affiliated organizations? Are there any evil organizations? If it constitutes an act of dishonesty, what is the order of credit responsibility? If it is illegal or criminal, what is its legal responsibility?

For the principled identification of the nature of untrustworthy behavior, the sequence of credit responsibilities, untrustworthy related organizations, and evil support organizations, credit practitioners can carefully study several relevant standards in the ICE8000 system and the relevant content of this book. For the principled characterization of illegal acts and criminal acts, it is also necessary to learn relevant legal knowledge.

If the principled identification of the nature of the behavior is wrong, it will affect the smooth progress of the credit supervision work.

2. Determination of legitimate requirements.

Credit practitioners should make legitimate requests to the other party based on the principled appraisal of the nature of the behavior. The request to the other party in the supervision procedure must be justified, and legitimacy includes both legality and rationality. If the request is illegal or unreasonable, it will not only fail to achieve the purpose of credit supervision, but may bear corresponding legal or credit responsibilities.

The above content is excerpted from "Building an Integrity Unit - ICE8000 Integrity Management" (written by Fang Bangjian, free to use, but please indicate the source)