FAQs about credit warning - World Credit Organization

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Credit warning column
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FAQ about credit warning

1.What is the legal basis for the World Credit Organization [WCO] to disseminate credit warning information?

Answer: 1. The principle of freedom of speech in the Constitution. According to this principle, anyone can abide by the principle of good faith, the bottom line of morality, and the bottom line of social responsibility, and express their real experience and views on a certain thing in a peaceful way.

2. The principle of public order and good customs in civil law. According to this principle, everyone has the right to abide by the principle of good faith, the bottom line of morality, and the bottom line of social responsibility, and safeguard public interests in peaceful ways. Publishing credit warning information can remind the public to guard against untrustworthy behaviors or untrustworthy persons, protect people's right to know and the right to a happy life free from being deceived, and safeguard social and public interests.

2.ICE8000 credit warning standard stipulates: "Before the credit warning information takes effect, the International Credit Arbitration Commission and the International Moral Court will try to serve the credit warning person once, and give him a Opportunities for objection and correction. If the service is unsuccessful, the objection correction period will no longer be given.” Is the objection opportunity for the person subject to the credit warning insufficient, and how does the ICE8000 system prevent people from using the credit warning information to slander others?

Answer: 2.1 From July 1, 2016, the credit warning information is aimed at the untrustworthy behaviors, untrustworthy related behaviors, supporting Evil acts and other misconduct, and only the International Credit Arbitration Commission and the International Court of Ethics have the right to publish. The International Credit Arbitration Commission and the International Ethical Court are independent institutions that work in accordance with the "ICE8000 International Credit Dispute Arbitration Standards" and "ICE8000 International Credit Dispute Trial Standards". In the process, each party has been given a fair and sufficient right of representation and objection. For details, please refer to: "ICE8000 International Credit Dispute Arbitration Standards" and "ICE8000 International Credit Dispute Trial Standards".

2.2 The credit warning information is released for those who refuse to make corrections, and before it is released, it has often gone through multiple objection procedures.

2.3 The above two meanings, generally speaking: credit warning information is the enforcement tool of the International Credit Arbitration Commission and the International Moral Court. If the untrustworthy person refuses to implement the effective ruling of the International Credit Arbitration Commission and the International Moral Court (during the process of making the ruling, the relevant parties have a fair and sufficient opportunity to object), the International Credit Arbitration Commission and the International Moral Court will issue credit warning information .

3. How to hold the breaching party accountable for breach of contract?

Answer: According to the "ICE8000 International Credit Standard System Credit Early Warning Standard", if the party believes that other parties have violated the provisions of this standard, they have the right to choose the following methods to investigate the legal and credit responsibilities of other parties: < /p>

1. In accordance with "ICE8000 International Credit Standard System Internal Complaint Standard" or "ICE8000 International Credit Standard System Public Complaint Standard" or "ICE8000 International Credit Standard System Credit Early Warning Standard" or "ICE8000 International Credit Standard System Internal Exposure Standard" or "ICE8000 International Credit Standard System Credit Standard System Public Exposure Standard" or "ICE8000 International Credit Standard System Joint Exposure Standard" for credit complaints and credit penalties;

2. In accordance with the "ICE8000 International Credit Standard System International Credit Dispute Arbitration Standard", it is not necessary to submit a written arbitration agreement to apply for arbitration by the International Credit Dispute Arbitration Commission;

3. According to the "ICE8000 International Credit Standard System International Credit Dispute Trial Standard", apply for trial by the International Moral Court;

4. If the defaulter is a member of the World Credit Organization [WCO], the party concerned still has the right to lodge a complaint in accordance with the "World Credit Organization [WCO] Member Supervision Standards";

5. In accordance with the laws of the State of Delaware or the laws of the United States, file a lawsuit in the courts of the State of Delaware or the federal court of the United States.

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