Banks and MFOs Must Report Debt Collection to FSSP
Starting September 1, 2026, banks and microfinance organizations (MFOs) in Russia must submit reports to the Federal Service of Judicial Executives (FSSE) on debt collection activities, including data on overdue loans, collection practices, and complaints about illegal actions. The reports will be submitted twice a year and will include aggregated statistics without personal data.
Consensus
- Banks and microfinance organizations (MFOs) must submit reports to the Federal Service of Judicial Executors (FSSE) starting September 1, 2026.
- The reports will cover debt collection activities, including data on overdue clients, collection practices, and complaints about unlawful actions.
- Reports will be submitted twice a year, with no cumulative totals.
- The information provided will be aggregated and will not include personal data of debtors.
- Failure to comply with reporting requirements may result in classification as high-risk or administrative penalties.
Points of divergence
- The first report must be submitted in April 2027, covering data from 2026. — kommersant
- FSSE became a supervisory body for banks and MFOs two years ago, and since spring 2024, only organizations in a special registry can conduct direct debt collection. — kommersant
- Reports must include three sections with data on financial institutions and collection performance indicators. — kommersant
- Organizations violating reporting more than twice in a year may be classified as high-risk and face fines up to 500,000 rubles. — kommersant
- The federal law was officially published on August 31, 2026. — fontanka
- The reporting obligation applies to all credit and microfinance institutions, not just professional collectors. — fontanka
- Specific reporting deadlines, frequency, and format will be set by FSSE and the Central Bank of Russia. — fontanka
- The reports will include identification data, collection performance indicators, and compliance confirmations. — vesti
- The trend in MFO lending showed a 2.8% decrease in the second quarter of 2026 compared to the first, but online lending did not follow this trend. — vesti
- Average real interest rates on short-term microloans increased by 27 percentage points over a year and reached 247% annually. — vesti
Coverage (4 sources)
- Banks and MFIs required to transfer debt data to bailiffs — РИАМО
- Vedomosti: Banks will report to the FSSP on debt collection starting in September — Коммерсантъ
- MFOS will report on collection of overdue debts starting in September — Фонтанка
- Banks and MFIs will report to bailiffs on debt collection starting September 1 — Вести