Standardize the rating business process
Dagong has improved the credit rating procedure according to the regulatory requirements, including rating preparation, initial rating stage, rating, result feedback and re-evaluation, result release, filing and tracking rating.
According to different regulatory requirements, Dagong has established a cross-system and inter-departmental real-time filing system for rating information, and filed nearly 100 rating documents through different media such as paper, electronic, audio and video to ensure the controllable operation of the rating process.
Establish a firewall from the internal management system
Dagong reformed and innovated the organization, mechanism and system on the basis of the original credit rating risk control system, formed a strict internal risk control system, and always maintained the independence, objectivity and fairness of credit rating.
The responsibilities in the organizational structure are clear, the rating is completely isolated from the market, and insider trading is prevented in the system.
Debt and non-debt credit rating, management consulting and enterprise risk management are all separated.
Established a top-down compliance and quality management system. The Audit and Compliance Department has set up full-time compliance and quality management personnel, and granted the evaluation right to conduct all-round and whole-process risk supervision and inspection on the daily operation, rating, evaluation and research of the company.
Strengthen the construction of audit compliance department, set up audit compliance posts or commissioners in qualified units, and establish the company's internal risk control system through institutionalized and normalized audit compliance inspection.
Through process and system construction, an effective and verifiable audit compliance inspection system and compliance reward and punishment system are established in view of possible risks.
Quality and compliance assessors participate in the review meeting for risk monitoring, and have the right to propose, warn and announce violations in the review process.
Strengthen the statistical inspection of the default rate. The special research group of the postdoctoral research center and the data center will jointly conduct dynamic statistical analysis of all kinds of relevant data to monitor and guide the credit rating and evaluation quality.
Prevent operational risk and moral risk from system construction.
Dagong's risk internal control goal is to take compliance management as the code of every employee, and incorporate it into post responsibilities and management assessment to minimize the risks in the company's operation.
Formed a relatively complete rating system, so that every link of the rating has rules to follow. For example, managers, from the chairman of the board to leaders at all levels, are not allowed to interfere in rating, and analysts are not allowed to pre-rate the evaluated enterprises.
Standardize the rating and behavior of market-related personnel, and strengthen the education of market responsibility and social responsibility. For example, all judges are required to take the oath of office and publicly promise to be diligent and conscientious and serve investors faithfully.
Standardize the professional standard configuration of rating project personnel to ensure that the configuration structure of rating project team is reasonable, the matching standards are compliant, and high-quality credit information is produced.
Strengthen the internal and external supervision mechanism of evaluation. In addition to the supervision in the evaluation meeting, Dagong also strengthened the supervision outside the meeting, forming two channels of appeal: one is to appeal to the credit evaluation Committee or the professional evaluation Committee; The second is to appeal through the Grand Duke Appeal Board.