In Belgium, data are submitted to the Corporate Credit Register (CCR) solely by lenders, which are required by law to report certain information.
Borrowers cannot submit information to the CCR directly.
Information to be reported
Reporting agents must submit the following items of information to the CCR:
- the credit beneficiary (or beneficiaries): legal and/or natural persons;
- credit details: the type of instrument, the amount, the start date, etc.;
- additional information to allow better assessment of the risks, such as any possible defaults or protection (insurance or cover against adverse credit events).