Second-stage loans must be reported to the register by the end of March
3/9/2026The reporting of second-stage loans started at the beginning of December. These loans include business loans granted to business name entrepreneurs and loans granted to agricultural and forestry operators. Lenders must report all their second-stage loans to the register by 31 March 2026. The data reported on these loans can be used in non-consumer lending from 1 April 2026 onwards.
After reporting their loan contracts to the register, lenders must start updating the loan data according to the instructions provided and report any new loans of the same type to the register.
What happens if loans are not reported by the time limit?
If a lender does not report its second-stage loan contracts to the register by the end of March, it acts in violation of the statutory reporting obligation. The lenders’ reporting obligation is based on law and supervised by the Financial Supervisory Authority and the Finnish Supervisory Agency. The supervising authorities can take action if lenders do not report all the required data or if incomplete or inaccurate data is not corrected without delay.
Further, starting on 1 April 2026, lenders can use data on second-stage loans when assessing creditworthiness for purposes of business lending. Any data missing from the register may distort the assessment of the loan applicant’s financial standing and slow down the lending process. From the point of view of both lenders and loan applicants, it is therefore important that the data saved in the register is as comprehensive and as up to date as possible.
Lender, this is how to report that data is missing
If reportable data is missing, you should notify the Incomes Register Unit without delay. A free-form notification can be submitted on the register's contact form.
Read the detailed instructions on how to give this notification:
Perform stakeholder testing to ensure smooth reporting
We encourage all stakeholders to participate in stakeholder testing for the second stage. Testing helps ensure that your systems are compatible and detect any development needs in good time. Lenders that have already performed stakeholder testing have found it useful for their preparations for the register’s rollout and reporting. By participating in stakeholder testing, you can:
- ensure your systems’ technical compatibility
- identify any development needs
- receive support and instructions.
Stakeholder testing environments are accessible until further notice
The Positive credit register’s stakeholder testing environments are accessible for continuous testing until further notice. We encourage lenders to test both the reporting and the receipt of data frequently and continuously. With continuous testing, you can ensure your systems operate smoothly and are ready for the introduction of new functionalities.
Two stakeholder testing environments at your disposal
The register has two testing environments that lenders can use. In one environment, you can test functionalities in production, and in the other, new functionalities not yet in use. The same customer IDs and testing certificates are used in both testing environments.
- The API addresses of the testing environment for functionalities in production are of the form: https://api-testi.positiivinenluottotietorekisteri/...
- The API addresses of the testing environment for future functionalities are of the form: https://api-testi2.positiivinenluottotietorekisteri/...