October 2013 - New reporting services for e-file.lu

New reporting services for e-file.lu

Used by many companies for a large variety of reporting, e-file.lu has just added more

E-file.lu is Fundsquare’s secure platform for the exchange of data and documents between various financial sector actors and the authorities.

Although it is primarily used by investment fund service providers for regulatory reporting, transmission of financial reports and prospectuses and, more recently, cross-border notifications and AIFMD reporting, it also is used by many other types of entities for a large variety of functions.

A recently-added function is for banks and credit institutions in Luxembourg. These can use e file.lu as the transmission channel for the notification and execution of court orders issued by the investigating judges in Luxembourg.

Previously this communication was done by fax and email and e-file.lu has now replaced those as the sole secure communication channel, as stated in the CSSF circular 13/566 of 6 June 2013.

A scalable solution with added-value

As a scalable, multi-use and proven platform that creates efficiencies for both the sending and receiving institutions, we foresee that banks will make the most of the advantages of e-file.lu and will be using it for a large part of these types of transmissions.

Currently, more than 500 entities use e-file.lu for around 80 different types of regulatory reporting.

_{Published on: 31 October 2013}
 

Fundsquare News 3 - October 2013