FrancophonIA/DGT-Translation_Memory huggingface dataset:
English: Should an investment firm for any reason be unable to reimburse the intraday credit on time, it shall be subject to penalties set in accordance with the following. If such an investment firm has a debit balance on its RTGS account as at the close of business of Target for the first time within any 12-month period, then the following shall apply.
Maltese: Jekk ditta ta' l-investiment, għal xi raġuni, ma tkunx kapaċi tagħmel rimbors tal-kreditu ta' matul ġurnata waħda fil-ħin, hi għandha tkun suġġetta għall-pieni stabbiliti skond dan li ġej. Jekk tali ditta ta' l-investiment għandha bilanċ tad-debitu fil-kont RTGS tagħha bħal f'għeluq in-negozju ta' Target għall-ewwel darba fi żmien tnax -il xahar, mela dan li ġej għandu jgħodd.
English: Should such an investment firm repeatedly be in such a debit position, then the penalty interest rate applied to that participant would be increased by a further 2,5 percentage points each time such a debit position were to occur within the 12-month period referred to above; (iv) supervised credit institutions referred to in Article 3(a)(1), which are not eligible counterparties for Eurosystem monetary policy operations and/or do not have access to the marginal lending facility.
Maltese: Jekk tali ditta ta' investiment tkun tinsab f'pożizzjoni ta' debitu għal numru ta' drabi, imbgħad ir-rata ta' interess tal-piena applikata għal dak il-parteċipant għandha tiżdied b'2,5 punti perċentwali oħra kull darba li tali pożizzjoni ta' debitu kellha tidher fi żmien tnax -il xahar, imsemmija hawn fuq; (iv) istituzzjonijiet ta' kreditu sorveljati imsemmija fl-Artiklu 3(a)(1), li m'humiex kontropartijiet eliġibbli għal operazzjonijiet tal-politika monteraja ta' l-Ewrosistema u/jew li m'għandhomx aċċess għall-faċilità ta' self marġinali.
English: As soon as the sending NCB/ECB has checked the validity of a payment order as referred to in Article 4(c)(1), and provided that funds or overdraft facilities are available, the sending NCB/ECB shall without delay: (a) debit the amount of the payment order from the RTGS account of the sending participant; and
Maltese: Hekk kif il-BĊN/BĊE li qiegħed jibgħat ikun iċċekkja l-validità ta' l-ordni tal-ħlas kif imsemmi fl-Artiklu 4(ċ)(1), u dejjem jekk il-fondi u l-faċilitajiet ta' overdrafts huma disponibbli, il-BĊN/BĊE għandu mingħajr dewmien:
English: Error handling procedures Each NCB shall comply with, and ensure that its respective national RTGS system complies with, the error handling procedures adopted by the Governing Council of the ECB.
Maltese: Proċeduri ta' trattament ta' l-iżbalji Kull BĊN għandu jħares, u jiżgura li s-sistema RTGS nazzjonali rispettiva tiegħu tħares, il-proċeduri ta' trattament ta' l-iżbalji adottati mill-Kunsill Regolatorju tal-BĊE.
English: Additional contingency measures Each NCB shall ensure that its respective national RTGS system and procedures comply with the user requirements for the additional contingency measures, referred to in Article 4(a), and the terms and conditions and the procedures adopted by the Governing Council of the ECB.
Maltese: Miżuri oħra ta' emerġenza Kull BĊN għandu jiżgura li s-sistema RTGS nazzjonali u l-proċeduri rispettivi tiegħu jħarsu l-kondizzjonijiet ta' l-użu għal miżuri ta' emerġenza addizzjonali, imsemmija fl-Artiklu 4(a), u t-termini u l-kondizzjonijiet u l-proċeduri adottati mill-Kunsill Regolatorju tal-BĊE.
English: no settlement may be provided for large-value net settlement systems in euro; (iv) the national RTGS systems shall be closed in all Member States subject to Article 3(d)(1)(v) below;
Slovenian: za neto poravnalne sisteme plačil velikih vrednosti v evrih poravnave niso mogoče; (iv) nacionalni sistemi BPRČ so zaprti v vseh državah članicah s pridržkom člena 3(d)(1)(v) spodaj;
English: the Executive Board and the Governing Council shall take the relevant national legislation into account;
Slovenian: Izvršilni odbor ECB in Svet ECB pri presojanju takega predloga upoštevata ustrezno nacionalno zakonodajo;
English: "finality" or "final" shall mean that the settlement of a payment order cannot be revoked, reversed or made void by the sending NCB/ECB, by the sending participant or by any third party, or even in the event of insolvency proceedings against a participant,
Estonian: lõplikkus või lõplik — maksekorralduse täitmise tagasivõtmatus, pöördumatus või tühistamine maksekorralduse saatnud riigi keskpanga/EKP või mis tahes kolmanda isiku poolt, isegi mitte osaleja suhtes algatatud pankrotimenetluse korral;
English: except in cases of imperfections in the underlying transaction(s) or payment order(s) arising from criminal offences or fraudulent acts (whereby fraudulent acts shall also include preferences and transactions at under-value during suspect periods in the case of insolvency) provided that such has been decided on a case-by-case basis by a court of competent jurisdiction or another competent dispute resolution body, or arising from error,
Estonian: erandiks on maksekorraldus(t)es või selle/nende aluseks olnud tehingu(te)s esinevad kriminaalkuritegudest või pettustest tulenevad rikkumised (kusjuures maksejõuetuse korral loetakse kahtlusperioodil pettusteks ka soodustusi ja tavapärasest väiksema väärtusega tehinguid), tingimusel otsuse teeb pädev kohus või muu pädev vaidluste lahendamise organ üksikjuhtude kaupa, ning veast tulenenud rikkumised,
English: The RTGS rules shall also require that legal opinions, based on the Eurosystem's harmonised terms of reference for legal opinions, shall be obtained in respect of applicants for review by the relevant NCB as determined and specified by the Governing Council of the ECB. The terms of reference for legal opinions shall be made available by the respective NCB to interested parties.
Estonian: Lisaks peab reaalajalise brutoarveldussüsteemi reeglites olema sätestatud nõue, et taotlejate kohta tuleb EKP nõukogu nõude ja määratluse kohaselt esitada asjaomasele riigile keskpangale tutvumiseks õiguslikud arvamused, mis põhinevad eurosüsteemi õiguslike arvamuste ühtlustatud tingimustel.
English: As a condition for a sending participant to be eligible to receive reimbursement under the scheme, it must be able to establish that it has entered a payment order (i) which was not processed on the same day,
Estonian: Selleks, et saatva osaleja suhtes saaks kohaldada skeemikohast hüvitise saamist, peab olema võimalik tuvastada, et ta on sisestanud maksekorralduse, i) mida ei töödeldud samal päeval;
English: or (ii) which was returned without successful completion on the same day due to the malfunctioning of Target,
Estonian: või ii) mis tagastati soorituseta samal päeval seoses TARGETi talitlushäirega,
English: or (iii) which triggered the debiting of the sending participant's account for the payment order entered into a national RTGS system but which was thereafter neither executed nor returned on the same day due to the malfunctioning.
Estonian: või iii) mis debiteeris küll saatva osaleja konto riigi reaalajalise brutoarvelduste süsteemis sisestatud maksekorralduse kohaselt, kuid mida seejärel ei teostatud ega tagastatud samal päeval talitlushäire tõttu.
English: All cross-border payments to be processed through interlinking shall be in the euro unit. NCBs shall ensure that payment orders denominated in their respective national currency units of the euro to be effected through interlinking are converted into and transmitted in euro units.
Polish: Wszystkie płatności transgraniczne realizowane poprzez system połączeń wzajemnych muszą być wyrażone w EUR. Krajowe banki centralne gwarantują, że polecenia płatności denominowane w ich krajowych jednostkach walutowych uczestniczących w EUR, które mają być realizowane przy wykorzystaniu połączeń wzajemnych zostaną wymienione i przesłane w jednostkach EUR.
English: Intraday credit shall be based on adequate collateral. Eligible collateral shall be the same assets and instruments and be subject to the same valuation and risk control rules as those prescribed for eligible collateral for monetary policy operations. Except for treasury departments and public sector bodies referred to respectively in Article 3(a)(1)(i) and (ii), an NCB shall not accept as underlying assets debt instruments issued or guaranteed by the participant, or by any other entity with which the counterparty has close links, as defined in Article 1(26) of Directive 2000/12/EC, as applied for monetary policy operations.
Polish: Kredyt śróddzienny opiera się na odpowiednim zabezpieczeniu. Kwalifikowane zabezpieczenie oznacza aktywa i instrumenty tego samego rodzaju i podlega takiej samej wycenie i zasadom kontroli ryzyka, co kwalifikowane zabezpieczenie określone dla operacji polityki pieniężnej z wyjątkiem departamentów skarbu i organów sektora publicznego określonych odpowiednio w art. 3 lit. a) pkt 1 i) i ii). Krajowe banki centralne nie przyjmują jako zabezpieczenia papierów dłużnych emitowanych i gwarantowanych przez uczestnika, lub przez inny podmiot, z którym strona ma bliskie związki, zgodnie z definicją zawartą w art. 1 ust. 26 dyrektywy 2000/12/WE i stosowaną w odniesieniu do operacji polityki pieniężnej.
English: Participants should either (i) accept the arrangements of the scheme, and any receipt of reimbursement payments thereunder, without any further legal action; or (ii) reject the arrangements of the scheme if the participant instead wishes to seek other legal means for compensation of damages, to the extent such is possible.
Polish: Uczestnicy powinni albo i) przyjąć środki przewidziane w procedurze, oraz zaakceptować wszelkie płatności z tytułu zwrotów zgodnie z taką procedurą bez podejmowania innych kroków prawnych, lub ii) odrzucić środki przewidziane w procedurze, jeśli uczestnik pragnie uciekać się do innych środków prawnych w celu rekompensaty strat, w stopniu, w jakim są one możliwe.
English: A sending participant of the national RTGS system of a participating Member State which is a counterparty to the Eurosystem monetary policy operations shall receive reimbursement under the scheme for losses incurred due to such a participant remaining with non-remunerated current account holdings with its respective NCB where such holdings result from the malfunctioning of Target, provided that the participant in question (i) has already fulfilled its reserve requirements; and (ii) is no longer able to access the Eurosystem's deposit facility on the day in question as a result of the malfunctioning.
German: Sendende Teilnehmer des nationalen RTGS-Systems eines teilnehmenden Mitgliedstaates, die Geschäftspartner für geldpolitische Geschäfte des Eurosystems sind, erhalten nach der Regelung Ausgleichszahlungen für Nachteile, die ihnen aufgrund von unverzinst gebliebenen Girokontoguthaben bei ihrer NZB entstanden sind, sofern diese Guthaben auf die Target-Störung zurückzuführen sind und unter der Voraussetzung, dass die betreffenden Teilnehmer i) ihre Mindestreservepflicht bereits erfuellt haben und ii) am betreffenden Tag aufgrund der Störung keinen Zugang mehr zu der Einlagefazilität des Eurosystems erhalten haben.
Italian: Per ottenere un rimborso secondo il meccanismo per le perdite connesse alla giacenza di somme infruttifere sul proprio conto corrente presso la rispettiva BCN, nel caso in cui tale giacenza derivi dal malfunzionamento di Target, un partecipante mittente del sistema nazionale di RTGS di uno Stato membro partecipante che sia controparte nelle operazioni di politica monetaria dell'Eurosistema deve i) aver già assolto i propri obblighi di riserva e ii) non essere più in grado di ricorrere ai depositi overnight dell'Eurosistema nella giornata in questione a causa del malfunzionamento.
Polish: Uczestnik wysyłający krajowego systemu RTGS Państwa Członkowskiego, które jest stroną operacji polityki pieniężnej Eurosystemu otrzyma zwrot w ramach procedury za straty wynikające z tego, że na rachunku takiego uczestnika w jego krajowym banku centralnym pozostały nieoprocentowane środki co wynikało z nieprawidłowego działania sytemu TARGET, pod warunkiem że uczestnik taki i) spełnił już wymogi dotyczące zachowania rezerwy, i ii) w danym dniu nie ma możliwości dostępu do udogodnienia depozytowego udostępnianego przez Eurosystem w wyniku nieprawidłowego funkcjonowania sytemu.
English: The receiving NCB/ECB shall not process any payment orders, which it knows to have been made in error or more than once. It shall notify the sending NCB/ECB of any such payment orders and any payments received pursuant thereto (and shall return any such payments received without delay).
Polish: Otrzymujący krajowy bank centralny/EBC nie zrealizuje żadnych poleceń płatności, o których wie, że zostały dokonane przez pomyłkę lub więcej niż jednokrotnie oraz zawiadomi wysyłający krajowy bank centralny/EBC o wszelkich takich poleceniach płatności oraz o wszelkich płatnościach otrzymanych w ich wyniku (oraz niezwłocznie zwróci wszelkie takie płatności).
English: A cut-off for customer payments (both domestic and cross-border) of one hour before the normal Target closing time will apply; the remaining time will be used only for interbank payments (both domestic and cross-border) to transfer liquidity between participants.
Polish: Polecenia płatności od klientów (tak krajowych jak i transgraniczych) muszą być składane najpóźniej na godzinę przed normalnym czasem zamknięcia sytemu TARGET, pozostały czas wykorzystuje się wyłącznie na płatności międzybankowe (zarówno krajowe jak i transgraniczne) w celu przekazywania płynności pomiędzy uczestnikami.
English: Operating days Target as a whole shall be closed on Saturdays, Sundays, New Year's Day, Good Friday (according to the calendar applicable at the seat of the ECB), Easter Monday (according to the calendar applicable at the seat of the ECB), 1 May (Labour Day), Christmas Day and on 26 December.
German: Geschäftstage Das gesamte Target-System ist samstags und sonntags, an Neujahr, am Karfreitag (nach dem am Sitz der EZB gültigen Kalender), Ostermontag (nach dem am Sitz der EZB gültigen Kalender), 1. Mai sowie am ersten und zweiten Weihnachtsfeiertag geschlossen.
English: If such an investment firm has a debit balance on its RTGS account as at the close of business of Target for the first time within any 12-month period, then the following shall apply. The relevant NCB shall promptly impose a penalty on that participant calculated at a rate five percentage points above the marginal lending rate on the amount of such debit balance (e.g. should the marginal lending rate be 4 %, the penalty would be 9 %).
German: Sofern eine Wertpapierfirma bei Betriebsschluss von Target auf ihrem Konto zum ersten Mal innerhalb eines Zeitraums von 12 Monaten einen Sollsaldo aufweist, erhebt die NZB auf den Sollsaldo des betreffenden Teilnehmers unverzüglich Strafzinsen in Höhe von fünf Prozentpunkten über dem Spitzenrefinanzierungssatz (d. h. bei einem Spitzenrefinanzierungssatz in Höhe von 4 % ergeben sich Strafzinsen in Höhe von 9 %).
English: supervised credit institutions referred to in Article 3(a)(1), which are not eligible counterparties for Eurosystem monetary policy operations and/or do not have access to the marginal lending facility. All provisions of the penalty regime set out in Article 3(f)(1)(iii) for investment firms shall apply identically to such credit institutions when, for any reason, they are unable to reimburse the intraday credit on time;
German: der Aufsicht unterliegende Kreditinstitute im Sinne von Artikel 3 Buchstabe a) Nummer 1, die keine zugelassenen Geschäftspartner für geldpolitische Geschäfte des Eurosystems sind und/oder keinen Zugang zur Spitzenrefinanzierungsfazilität haben. Für diese Kreditinstitute gelten gleichermaßen sämtliche auf Wertpapierfirmen anwendbare Bestimmungen über die Auferlegung von Sanktionen gemäß Artikel 3 Buchstabe f) Nummer 1 unter Ziffer iii), sofern die genannten Kreditinstitute die Innertageskredite aus irgendeinem Grunde nicht rechtzeitig zurückzahlen können;
English: Intraday credit shall be based on adequate collateral. Eligible collateral shall be the same assets and instruments and be subject to the same valuation and risk control rules as those prescribed for eligible collateral for monetary policy operations.
German: Für Innertageskredite sind ausreichende Sicherheiten zu stellen. Die refinanzierungsfähigen Sicherheiten bestehen aus denselben Vermögenswerten und Instrumenten wie für geldpolitische Geschäfte, und sie unterliegen den gleichen Bewertungs- und Risikokontrollvorschriften.
English: by the rules and procedures referred to in this Guideline and its Annexes; and (ii) as a supplementary source in disputes concerning cross-border payments through interlinking, by the laws of the Member State of the seat of the receiving NCB/ECB.
German: die in dieser Leitlinie und ihren Anhängen genannten Bestimmungen und Verfahren sowie ii) bei Streitigkeiten, die grenzüberschreitende Zahlungen über das Interlinking-System betreffen, zusätzlich durch das Recht des Mitgliedstaates, in dem die empfangende NZB/EZB ihren Sitz hat.
English: Willem F. Duisenberg
German: Willem F. Duisenberg
Slovak: Willem F. Duisenberg
English: The fee (excluding VAT) to be charged for cross-border payments through Target between direct participants will be based on the number of transactions sent by a participant within a single RTGS system, according to a degressive scale. The degressive scale is as follows:
German: Die Gebühren für grenzüberschreitende Zahlungen über Target (ohne MwSt.) zwischen direkten Teilnehmern richten sich nach der Anzahl der von einem Teilnehmer in einem einzelnen RTGS-System durchgeführten Transaktionen gemäß folgender degressiver Abstufung:
Italian: La tariffa (al netto dell'IVA) da applicare ai pagamenti transfrontalieri tra partecipanti diretti mediante Target viene calcolata in funzione del numero di transazioni effettuate dal partecipante all'interno di un sistema di RTGS secondo la scala descrescente riportata qui di seguito:
English: for domestic reasons (e.g. in order to facilitate settlement of securities transactions, to settle balances of net settlement systems, or to settle other domestic transactions, such as batch transactions channelled by NCBs into RTGS systems during the night); or
German: aus rein nationalen Gründen (z. B. zur Erleichterung der Abwicklung von Wertpapiergeschäften, zur Saldierung von Nettoabwicklungssystemen oder zur Abwicklung sonstiger inländischer Geschäfte wie Sammelaufträge, die die NZBen den RTGS-Systemen über Nacht zugeleitet haben) oder
Italian: per motivi interni (ad esempio al fine di agevolare il regolamento delle transazioni in titoli, dei saldi dei sistemi di regolamento netto e di altre transazioni domestiche, quali quelle batch immesse dalle BCN nei sistemi di RTGS durante la notte);
English: "ECB payment mechanism" shall mean the payment arrangements organised within the ECB and connected to Target for the purpose of effecting (i) payments between accounts held at the ECB; and (ii) payments through Target between accounts held at the ECB and at the NCBs,
Italian: "procedura di pagamento della BCE", il meccanismo di pagamento organizzato all'interno della BCE e collegato a Target allo scopo di effettuare i) pagamenti fra conti detenuti presso la BCE e ii) pagamenti, attraverso Target, fra conti detenuti presso la BCE e le BCN,
English: and (b) credit the inter-NCB account of the receiving NCB/ECB, as maintained on the books of the sending NCB/ECB.
Italian: accreditare lo stesso importo sul conto inter-BCN della BCN/BCE destinataria detenuto nei propri libri contabili.
English: and (c) deliver a positive acknowledgement to the sending NCB/ECB.
Italian: inviare un messaggio di conferma positiva alla BCN/BCE mittente.
English: The direction, management and control of Target shall fall within the competence of the Governing Council of the ECB. The Governing Council shall be entitled to determine the terms and conditions under which cross-border payment systems other than the national RTGS systems may use the cross-border facilities of Target or be connected to Target.
Italian: La direzione, la gestione e il controllo di Target rientrano nella sfera di competenze del Consiglio direttivo della BCE, il quale è autorizzato a definire le condizioni alle quali i sistemi di pagamento transfrontaliero diversi da quelli nazionali di RTGS possono utilizzare le strutture transfrontaliere di Target o essere collegati a quest'ultimo.
English: The Governing Council of the ECB is assisted by the Payment and Settlement Systems Committee (the "PSSC") in all matters related to the Target system. For such purposes, the PSSC shall set up a subgroup composed of NCB representatives for the national RTGS systems.
Italian: In tutto quanto attiene a Target, il Consiglio direttivo della BCE è assistito dal comitato per i sistemi di pagamento e regolamento, il quale costituisce a tal fine un sottogruppo composto dai rappresentanti delle BCN per i sistemi nazionali di RTGS.
English: ANNEX VLIST OF "OUT" COLLATERAL
Italian: ALLEGATO VELENCO DELLE GARANZIE COLLATERALI DEI PAESI NON PARTECIPANTI ALL'AREA DELL'EURO
English: the earmarking of funds or available credit is referred to in this Guideline as "blocking", - "finality" or "final" shall mean that the settlement of a payment order cannot be revoked, reversed or made void by the sending NCB/ECB, by the sending participant or by any third party, or even in the event of insolvency proceedings against a participant, except in cases of imperfections in the underlying transaction(s) or payment order(s) arising from criminal offences or fraudulent acts (whereby fraudulent acts shall also include preferences and transactions at under-value during suspect periods in the case of insolvency) provided that such has been decided on a case-by-case basis by a court of competent jurisdiction or another competent dispute resolution body, or arising from error,
Slovak: "konečnosť" alebo "konečný" znamená, že zúčtovanie platobného príkazu nemožno zrušiť, vrátiť alebo zneplatniť posielajúcou NCB/ECB, posielajúcim účastníkom, alebo ľubovoľnou treťou stranou, alebo dokonca v rámci konania v prípade platobnej neschopnosti proti účastníkovi, okrem prípadov nedostatkov v podkladovej transakcii (transakciách) alebo platobnom príkaze (príkazoch), ktoré sú dôsledkom trestných činov alebo podvodného konania (pričom podvodné konanie zahrňuje tiež uprednostňovanie a obchody pod cenu v priebehu podozrivých období v prípade platobnej neschopnosti) za podmienky, že o tomto bolo rozhodnuté v každom jednotlivom prípade súdom s príslušnou súdnou právomocou alebo iným orgánom príslušným na riešenie sporov, alebo sú dôsledkom omylu,
English: Methodologies to determine the costs of national RTGS systems will be harmonised to an adequate level.ANNEX III
Slovak: Metodiky na určenie nákladov národných systémov RTGS sa zosúladia na zodpovedajúcu úroveň.
English: CROSS-BORDER PAYMENT FEES The fee (excluding VAT) to be charged for cross-border payments through Target between direct participants will be based on the number of transactions sent by a participant within a single RTGS system, according to a degressive scale.
Slovak: PRÍLOHA III POPLATKY PRI CEZHRANIČNÝCH PLATBÁCH Poplatok (bez DPH), ktorý sa účtuje za cezhraničné platby prostredníctvom TARGET-u medzi priamymi účastníkmi bude založený na počte obchodov poslaných účastníkom v rámci jedného systému RTGS podľa zostupnej škály.
English: ANNEX IV TARGET HOURS OF OPERATION
Slovak: PRÍLOHA IV PREVÁDZKOVÉ HODINY TARGET-u