Integrity Rating-World Credit Organization

Welcome,ice8000.org! To prevent counterfeiting, please look for the domain name: www.ice8000.org. Our mission: to promote social integrity, reduce transaction costs, enhance human well-being, and promote human integrity and progress. This online media is an online media sponsored by four units including the World Credit Organization (WCO), the International Moral Court [IMC], the World Integrity Organization (WIO), and the International Credit Dispute Arbitration Commission [ICDAC]. The name of this media is the International Credit Supervision Network, which can also be called the International Credit Standard Network, the International Credit Supervision Network, and the International Credit Standard Network. The ICE8000 standard is a standard to test whether a unit or an individual is truly honest.。
ICE8000 credit knowledge column
  • 1. "Introduction to ICE8000 Credit Knowledge"
  • 2. "Building an Integrity Unit——ICE8000 Integrity Management"
  • 3. "ICE8000 Credit Investigation, Analysis, Rating"

    • 5.10 integrity rating

    5.10.1 Introduction to Integrity Rating

    Integrity rating is an innovative credit service of the World Credit Organization (WCO). The applicable standard is: "ICE8000 International Credit Standard System Integrity Level Evaluation and Supervision Standard" (https://www.ice8000.org/acnhwgc/31.htm ), Integrity Rating is a free service provided to [an established trust organization].

    ICE8000 Integrity Level refers to the subjective willingness of units, individuals, and regions to be honest, and does not directly reflect repayment ability and debt repayment ability.

    The World Credit Organization (WCO) uses computers to automatically rate credit ratings for rated objects based on whether they are willing to [bear punitive compensation for their own malicious dishonesty] and their integrity points. The higher the integrity level of the rated object, the higher the cost of malicious dishonesty.

    If the rated object is willing to [bear punitive compensation for its own malicious dishonesty], it shows that the cost of malicious dishonesty is high, which also shows that its willingness to be honest is high, so the level of integrity is higher.

    5.10.2 ICE8000 Integrity Level Symbol and Level Decrease

    Class level

    Evaluation Criteria

    sublevels

    Description of levels and diacritics

    Class A

    Have not made any reservations about [moral loss compensation and punitive damages in the liability for breach of contract], or have made reservations but waived them The reservation.

    A

    Initial assessment, or progress from a lower level to A level, meets Category A criteria.

    A+

    Have a credit record of grade A in the commendation category within the past 360 days.

    A-

    Have a grade A warning credit record within the last 360 days.

    A+-

    A+ grade warning credit record within the last 360 days.

    AA

    Level A with more than one year of credit history and integrity points higher than 360 points

    AA+

    A grade AA credit record in the past 360 days.

    AA-

    A grade AA warning credit record within the last 360 days.

    AA+-

    Have a warning credit record of AA+ in the last 360 days

    AAA

    Level A with more than two years of trustworthiness and integrity score higher than 720 points.

    AAA+

    Have a credit record of AAA level in the past 360 days

    AAA-

    Have a warning credit record of AAA in the last 360 days.

    AAA+-

    AAA+ grade warning credit record within the last 360 days

    Class B

    Reserved [compensation for moral loss and punitive damages in liability for breach of contract].

    B

    Initial rating, or downgrading from a higher grade to a B grade, meets Category B criteria.

    B+

    Have a credit record of B grade in the past 360 days.

    B-

    Have a B-level warning credit record within the last 360 days.

    B+-

    Have a warning credit record of B+ grade within the last 360 days.

    BB

    Level B with integrity points higher than 360 points.

    BB+

    Have a credit record of BB in the past 360 days.

    BB-

    Have a BB grade warning credit record within the last 360 days.

    BB+-

    Have a warning credit record of BB+ level in the last 360 days

    BBB

    Level B with integrity points higher than 720 points.

    BBB+

    Have a credit record of B grade in the past 360 days.

    BBB-

    Have a warning credit record of BBB in the last 360 days.

    BBB+-

    BBB+ level with warning credit records in the last 360 days

    5.10.3 Frequently Asked Questions for Integrity Ratings

    1. Features of Integrity Rating

    1. ICE8000 Integrity Level Evaluation does not evaluate the objective performance ability of the unit, it only focuses on the willingness of the unit to perform the contract, and passively and faithfully records the results of the unit's performance.

    2. ICE8000 integrity rating mainly focuses on the credit performance of the unit after rating, and reflects it to the society passively, faithfully and dynamically.

    3. Customers and other stakeholders of the rated object evaluate and supervise their integrity.

    4. The unit cannot be directly rated as AAA, and only through honest management can it improve its own integrity level. Because the increase of the integrity level depends on the integrity points and the date of passing the rating, the standard stipulates that: when passing the rating for more than one year and the integrity score is greater than or equal to 360 points, the integrity level will be upgraded to AA level; passing the rating for more than two years and the integrity score is greater than or equal to At 720 points, the integrity level is upgraded to AAA.

    5. ICE8000 integrity level is divided into personal integrity level, unit integrity level, and regional integrity level. The integrity level is automatically assessed by the computer system based on the credit file records to ensure the objectivity and institutionality of the integrity level assessment and reduce subjectivity and artificiality.

    2. The difference between integrity rating and credit rating

    1. ICE8000 credit rating mainly evaluates an organization's willingness to be honest, pays attention to the organization's willingness to perform its contract, and passively and faithfully records the results of the organization's contract performance; ICE8000 credit rating mainly evaluates an organization's objective performance ability and repayment ability.

    2. ICE8000 credit rating focuses on the relative cost of dishonesty of the organization, and does not pay attention to financial records; ICE8000 credit rating predicts the organization's future performance ability and repayment ability based on historical data such as the organization's previous financial records and credit performance .

    3. Compared with ICE8000 credit rating, ICE8000 integrity rating pays more attention to the post-rating credit supervision. The stakeholders of the organization abide by the principles of integrity, moral bottom line, and social responsibility bottom line to directly, conveniently and quickly supervise the credit performance of the organization.

    3. How to adjust the class level of your integrity level

    Log in to the corresponding column in the background, and make: "Statement of Reservation on the [Punitive Compensation Liability Clause for Malicious Untrustworthy Behaviors] and Application for Lowering ICE8000 Integrity Level to Class B", then it will be lowered to Class B. Make: "Declaration of Waiver [Reservation of Punitive Compensation Liability Clause for Malicious Untrustworthy Behaviors] and Application for Upgrading ICE8000 Integrity Level to Class A Level", then upgrade to Class A level.

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