T/BAXY 03-2018 Abolished Group standards

T/BAXY 03-2018 The specification for credit repair based on public credit activities

Publish Date: 2018-12-27 Implement Date: 2019-12-01 For services related to genuine standard inquiry, procurement, translation, and other related services in China, please Contact Us

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Basic Information

Standard Code: T/BAXY 03-2018

Standard Type: Group standards

Standard Status: Abolished

is_force_gb: no

CCS Name: \nBasic standards

ICS Name: Terminology (principles and coordination and cooperation)

Publish Date: 2018-12-27

Implement Date: 2019-12-01

Scope

Scope: This standard specifies the terms and definitions, basic principles, repair content and indicators, and repair processes related to credit repair; Main technical content: 1. Clarify the content of credit repair. It includes the repair of trust-breaking behaviors and the repair of trust-breaking records. 2. Clarify the connotation of trust-breaking behaviors. It includes the correction of trust-breaking behaviors, the compensation for trust-breaking losses, and the mitigation of trust-breaking impacts. 3. Clarify the basis of trust-breaking behaviors. It includes contract-based trust-breaking, commitment-based trust-breaking, and regulatory/convention-based trust-breaking. 4. Clarify the degree of trust-breaking behaviors. It includes minor trust-breaking behaviors, general trust-breaking behaviors, and serious trust-breaking behaviors. 5. Establish two basic systems. These are the no-cause credit commitment system and the trust-breaking understanding system. 6. Clarify the principles of repair recognition. These include the principle of appropriate punishment, the principle of loss-mitigation correction, the principle of trust-breaking understanding, the principle of voluntary initiative, and the principle of strict punishment. 7. Establish credit repair indicators. Based on the connotation of trust-breaking, nine indicators are defined. 8. Specify the repair recognition process. It includes five steps: application, acceptance, evaluation, public announcement, and annotation. Three evaluation models are established, and it is clarified that annotation is the basic form of repair recognition.