 E-file is also used for electronic bank reporting required under Basel II, IRFS and MiFID as well as for other legal and statistical reporting to the Luxembourg Central Bank (BCL) and the CSSF.Automated reports are transmitted in XBRL or XML format.In September 2008 the Luxembourg’s financial regulatory authority CSSF issued a circular 08/371 resulting in the official adoption of the e-file platform for the mandatory transmission of UCI simplified and full prospectuses and annual and semi-annual reports both to the CSSF and to the electronic reference database of the financial centre’s investment funds set up by Fundsquare.