The best way to handle it would probably be to just completely disband it and to use another country's rating system as purely advisory.
There is no redeeming it. It is that bad.
It's uniquely out of touch and awful in a way that is so strange and bizarre that it is hard to fully describe how awful it is.
It is as if the board lives in a whole other universe, unlike the one which normal folks live in, and they get hung up on really strange and bizarre things.
The actual value they provide is absolutely miniscule. The only thing it is seemingly good for is political posturing.
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One possible reason for this might be that a weird religious party was in power for so long and they like it when the board behaves in a dysfunctional and bizarre manner.
