FrancophonIA/DGT-Translation_Memory huggingface dataset:
English: MINIMUM REQUIREMENTS FOR RECOGNITION OF SIGNIFICANT CREDIT RISK TRANSFER IN A TRADITIONAL SECURITISATION 1. The originator credit institution of a traditional securitisation may exclude securitised exposures from the calculation of risk‐weighted exposure amounts and expected loss amounts if significant credit risk associated with the securitised exposures has been transferred to third parties and the transfer complies with the following conditions:(a) The securitisation documentation reflects the economic substance of the transaction;
Danish: Det engagementsleverende kreditinstitut ved en traditionel securitisation kan udelukke securitiserede engagementer fra beregningen af størrelsen af de risikovægtede engagementer og størrelsen af de forventede tab, hvis en betydelig kreditrisiko vedrørende de securitiserede engagementer er blevet overført til tredjemand, og overførslen opfylder følgende betingelser:a) dokumentationen vedrørende securitisationen afspejler transaktionens økonomiske substans
English: REQUIREMENTS TO BE MET BY THE CREDIT ASSESSMENTS OF ECAIS 1. To be used for the purposes of calculating risk‐weighted exposure amounts under Part 4, a credit assessment of an eligible ECAI shall comply with the following conditions.(a) There shall be no mismatch between the types of payments reflected in the credit assessment and the types of payment to which the credit institution is entitled under the contract giving rise to the securitisation position in question; and
Danish: Hvis den anvendes til beregning af størrelsen af risikovægtede engagementer i henhold til del 4, skal en kreditvurdering foretaget af et anerkendt ECAI opfylde følgende betingelser:a) der må ikke være forskel mellem de typer af betalinger, der afspejles i kreditvurderingen, og de typer af betalinger, som kreditinstituttet er berettiget til i henhold til den kontrakt, der ligger til grund for den pågældende securitisationsposition, og
English: CALCULATION OF RISK-WEIGHTED EXPOSURE AMOUNTS 1. For the purposes of Article 96, the risk-weighted exposure amount of a securitisation position shall be calculated by applying to the exposure value of the position the relevant risk weight as set out in this Part.
Danish: I forbindelse med artikel 96 skal størrelsen af risikovægtede engagementer i en securitisationsposition beregnes ved at anvende den relevante risikovægtning som angivet i denne del på engagementets værdi inden for positionen.
English: 12,5 × SL+T
Spanish: 12,5 × (S[L+T]
Danish: 12,5 x (S[L+T]
Finnish: × (S[L+T]
Greek: × SL+T
Estonian: × SL+T
English: CAPITAL REQUIREMENT 1. Under the Basic Indicator Approach, the capital requirement for operational risk is equal to 15 % of the relevant indicator defined in points 2 to 9.
Danish: I henhold til basisindikatormetoden svarer kapitalkravet for operationelle risici til 15 % af den relevante indikator, som defineres i punkt 2-9.
English: Based on the accounting categories for the profit and loss account of credit institutions under Article 27 of Directive 86/635/EEC, the relevant indicator shall be expressed as the sum of the elements listed in Table 1. Each element shall be included in the sum with its positive or negative sign.
Danish: Det kan være nødvendigt at regulere disse elementer for at afspejle forbeholdene i punkt 7 og 8.Tabel 1
English: 2 Interest payable and similar charges 3 Income from shares and other variable/fixed-yield securities
Danish: Indtægter af kapitalandele og andre værdipapirer med fast/variabelt afkast
English: They shall identify their exposures to operational risk and track relevant operational risk data, including material loss data. This system shall be subject to regular independent review.
Danish: Det skal identificere sin eksponering for operationelle risici og registrere relevante oplysninger vedrørende operationelle risici, herunder oplysninger om betydelige tab. Dette system skal regelmæssigt revideres af en uafhængig instans.
English: The credit institution's operational risk measurement system shall use relevant external data, especially when there is reason to believe that the credit institution is exposed to infrequent, yet potentially severe, losses. A credit institution must have a systematic process for determining the situations for which external data must be used and the methodologies used to incorporate the data in its measurement system.
Danish: Kreditinstituttets målesystem vedrørende operationelle risici skal benytte relevante eksterne data, navnlig når der foreligger en begrundet formodning om, at kreditinstituttet er eksponeret for sjældne, men dog potentielt alvorlige tab. Et kreditinstitut skal have en systematisk procedure til identificering af situationer, hvor der skal anvendes eksterne data, og til at afgøre, hvilke metoder der skal anvendes til at indsætte oplysningerne i målesystemet.
English: for credit institutions calculating risk‐weighted exposure amounts in accordance with Articles 84 to 89, 8 per cent of the risk‐weighted exposure amounts for each of the exposure classes specified in Article 86. For the retail exposure class, this requirement applies to each of the categories of exposures to which the different correlations in Annex VII, Part 1, points 10 to 13 correspond.
Italian: per gli enti creditizi che calcolano gli importi delle esposizioni ponderati per il rischio conformemente agli articoli da 84 a 89, l'8 % di tali esposizioni per ciascuna delle classi di esposizioni di cui all'articolo 86.
Danish: for kreditinstitutter, der beregner størrelsen af de risikovægtede engagementer i henhold til artikel 84-89, 8 % af størrelsen af de risikovægtede engagementer for hver af de engagementsklasser, der angives i artikel 86.
Slovenian: za kreditne institucije, ki izračunavajo zneske tveganju prilagojenih izpostavljenosti v skladu s členi 84 do 89, 8 odstotkov zneskov tveganju prilagojenih izpostavljenosti za vsako vrsto izpostavljenosti, določenih v členu 86; Za kategorijo izpostavljenosti do majhnih dolžnikov ta zahteva velja za vsako od kategorij izpostavljenosti, ki ustreza različnim korelacijam v odstavkih 10 do 13 dela 1 Priloge VII.
Lithuanian: kredito įstaigos, apskaičiuojančios pagal riziką įvertintas pozicijų sumas vadovaujantis 84–89 straipsniais – 8 procentus nuo pagal riziką įvertintų pozicijų sumų kiekvienai pozicijų klasei, nurodytai 86 straipsnyje; mažmeninių pozicijų klasės atveju šis reikalavimas taikomas kiekvienai pozicijų kategorijai, kuriai priklauso skirtingos koreliacijos pagal VII priedo 1 dalies 10–13 punktus.
English: the aggregate amount of securitisation positions retained or purchased, broken down into a meaningful number of risk weight bands. Positions that have been risk weighted at 1250 % or deducted shall be disclosed separately;
Danish: det samlede beløb for ikke-afhændede eller erhvervede securitisationspositioner, opdelt i et meningsfyldt antal risikovægtningsgrupper; positioner, der har fået tildelt en risikovægt på 1250 %, eller som er fratrukket, skal angives særskilt
English: Article 4 Article 7 Article 8 Article 8 Article 9 Article 9(1) Article 5(1) and 1(11) Article 9(2) Article 5(2) Article 10
Danish: Artikel 4
English: Annex I, points 1 to 14, excluding the final paragraph Annex I Annex I, final paragraph
Danish: Bilag I, punkt 1-14, med undtagelse af sidste afsnit
English: Section 3 Exercise of the right of establishment Section 4 Exercise of the freedom to provide services Section 5 Powers of the competent authorities of the host Member State
German: Abschnitt 3 Ausübung des Niederlassungsrechts
English: TITLE IV RELATIONS WITH THIRD COUNTRIES Section 1 Notification in relation to third countries' undertakings and conditions of access to the markets of these countries Section 2 Cooperation with third countries' competent authorities regarding supervision on a consolidated basis
German: Abschnitt 4 Ausübung des freien Dienstleistungsverkehrs
English: TITLE V PRINCIPLES AND TECHNICAL INSTRUMENTS FOR PRUDENTIAL SUPERVISION AND DISCLOSURE CHAPTER 1 PRINCIPLES OF PRUDENTIAL SUPERVISION Section 1 Competence of home and host Member State Section 2 Exchange of information and professional secrecy Section 3 Duty of persons responsible for the legal control of annual and consolidated accounts
German: Abschnitt 5 Befugnisse der zuständigen Behörden des AufnahmeMitgliedstaats
English: Section 4 Power of sanction and right to apply to the courts CHAPTER 2 TECHNICAL INSTRUMENTS OF PRUDENTIAL SUPERVISION
German: TITEL IV BEZIEHUNGEN ZU DRITTLÄNDERN
English: Subsection 1 Level of application Subsection 2 Calculation of requirements Subsection 3 Minimum Level of Own Funds Section 3 Minimum own funds requirements for credit risk
German: KAPITEL 1 GRUNDSÄTZE DER BANKENAUFSICHT
English: Section 6 Qualifying holdings outside the financial sector CHAPTER 3 CREDIT INSTITUTIONS' ASSESSMENT PROCESS
German: Abschnitt 5 Großkredite
English: Section 1 Supervision Section 2 Disclosure by competent authorities
German: KAPITEL 3 KREDITINSTITUTSEIGENE VERFAHREN ZUR BEWERTUNG DER EIGENKAPITALAUSSTATTUNG
English: ANNEX III THE TREATMENT OF COUNTERPARTY CREDIT RISK OF DERIVATIVE INSTRUMENTS, REPURCHASE TRANSACTIONS, SECURITIES OR COMMODITIES LENDING OR BORROWING TRANSACTIONS, LONG SETTLEMENT TRANSACTIONS AND MARGIN LENDING TRANSACTIONS Part 1 Definitions
German: ANHANG III BEHANDLUNG DES GEGENPARTEIAUSFALLRISIKOS VON DERIVATEN, PENSIONSGESCHÄFTEN, WERTPAPIER- ODER WARENLEIHGESCHÄFTEN, GESCHÄFTEN MIT LANGER ABWICKLUNGSFRIST UND LOMBARDGESCHÄFTEN
English: ANNEX VI STANDARDISED APPROACH Part 1 Risk weights Part 2 Recognition of ECAIs and mapping of their credit assessments Part 3 Use of ECAIs' credit assessments for the determination of risk weights
German: ANHANG V TECHNISCHE VORGABEN FÜR DIE ORGANISATION UND BEHANDLUNG VON RISIKEN
English: Part 2 PD, LGD, and Maturity Part 3 Exposure value
German: Teil 3 Nutzung der Ratings von Ratingagenturen zur Bestimmung des Risikogewichts
English: ANNEX VIII CREDIT RISK MITIGATION Part 1 Eligibility Part 2 Minimum Requirements Part 3 Calculating the effects of credit risk mitigation
German: Teil 4 Mindestanforderungen für den IRB-Ansatz
English: Part 1 Definitions for the purposes of Annex IX Part 2 Minimum requirements for recognition of significant credit risk transfer and calculation of risk-weighted exposure amounts and expected loss amounts for securitised exposures Part 3 External credit assessments
German: ANHANG IX VERBRIEFUNG
English: Part 4 Calculation ANNEX X OPERATIONAL RISK
German: Teil 1 Begriffsbestimmungen für Anhang IX
English: Part 1 Basic Indicator Approach Part 2 Standardised Approach
German: Teil 2 Mindestanforderungen für die Anerkennung eines wesentlichen Kreditrisikotransfers und Berechnung der risikogewichteten Forderungsbeträge und erwarteten Verlustbeträge für verbriefte Forderungen
English: persons responsible for carrying out statutory audits of the accounts of credit institutions and other financial institutions; in the discharge of their supervisory functions.
German: Personen, die mit der gesetzlichen Kontrolle der Rechnungslegung des betreffenden Kreditinstituts und der sonstigen Finanzinstitute betraut sind.
English: The credit institution shall take reasonable steps to acquire this knowledge.
German: Das Kreditinstitut unternimmt angemessene Schritte zur Erlangung dieses Wissens.
Portuguese: A instituição de crédito deve efectuar todas as diligências razoáveis para obter esta informação.
Dutch: De kredietinstelling moet stappen zetten om zich te overtuigen van de juistheid van deze informatie.
Finnish: Luottolaitoksen on toteutettava kohtuulliset toimenpiteet näiden tietojen saamiseksi.
Greek: Το πιστωτικό ίδρυμα οφείλει να προβεί σε εύλογες ενέργειες προκειμένου να αποκτήσει γνώση των σχετικών πληροφοριών.
Hungarian: A hitelintézetnek ésszerű lépéseket kell tennie, hogy megbizonyosodjon erről.
Estonian: Krediidiasutus peab selliste andmete saamiseks võtma mõistlikke meetmeid.
Latvian: Kredītiestāde veic pamatotus pasākumus, lai iegūtu šādu informāciju.
English: the credit institution documents its rating systems and the rationale for their design and validates its rating systems. Where an EU parent credit institution and its subsidiaries or an EU parent financial holding company and its subsidiaries use the IRB Approach on a unified basis, the competent authorities may allow minimum requirements of Annex VII, Part 4 to be met by the parent and its subsidiaries considered together. 3. A credit institution applying for the use of the IRB Approach shall demonstrate that it has been using for the IRB exposure classes in question rating systems that were broadly in line with the minimum requirements set out in Annex VII, Part 4 for internal risk measurement and management purposes for at least three years prior to its qualification to use the IRB Approach.
German: das Kreditinstitut führt über seine Ratingsysteme Buch, dokumentiert die Gründe für deren Ausgestaltung und validiert diese Systeme.
English: An application as referred to in the first subparagraph shall be submitted only to the competent authority referred to in paragraph 1. The competent authorities shall do everything within their power to reach a joint decision on the application within six months.
German: Die in Unterabsatz 1 genannten Anträge werden ausschließlich an die in Absatz 1 genannte zuständige Behörde gerichtet.
English: long settlement transactions using the Internal Model Method as set out in Part 6. 3. When a credit institution purchases credit derivative protection against a non‐trading book exposure, or against a CCR exposure, it may compute its capital requirement for the hedged asset in accordance with Annex VIII, Part 3, points 83 to 92, or subject to the approval of the competent authorities, in accordance with Annex VII, Part 1, point 4 or Annex VII, Part 4, points 96 to 104. In these cases, the exposure value for CCR for these credit derivatives is set to zero. 4. The exposure value for CCR from sold credit default swaps in the non‐trading book, where they are treated as credit protection provided by the credit institution and subject to a capital requirement for credit risk for the full notional amount, is set to zero.
German: Geschäfte mit langer Abwicklungsfrist
English: Original Exposure Method Step (a): the notional principal amount of each instrument is multiplied by the percentages given in Table 3.Table 3
German: Schritt c: Die Summe aus laufenden Wiederbeschaffungskosten und zukünftigen potenziellen Kreditrisiken ergibt den Forderungswert.
English: A precious metal index is treated as a separate precious metal; for electric power, similar instruments are those delivery rights and obligations that refer to the same peak or off‐peak load time interval within any 24‐hour interval; and
German: bei Elektroenergie gelten als ähnliche Instrumente jene Lieferrechte und ‐verpflichtungen, die sich auf dasselbe Zeitintervall einer Spitzenzeit oder nachfrageschwachen Zeit innerhalb eines Zeitraums von 24 Stunden beziehen, und
English: CCRM
German: CCR-Multiplikator (CCRM)
Spanish: Multiplicador RCC (MRCC)
Italian: (CCRM)
Portuguese: (CCRM)
Finnish: CCR-kerroin
Greek: CCR
Hungarian: CCR Multiplikátor (CCRM)
Slovenian: Multiplikator CCR (CCRM)
Lithuanian: CCR koeficientas (CCRM)
English: Such terms shall include at least contract notional amounts, maturity, reference assets, margining arrangements, netting arrangements. The terms and specifications shall be maintained in a database that is subject to formal and periodic audit.
German: Zu diesen Konditionen zählen unter anderem Nominalbeträge, Laufzeit, Referenzaktiva, Nachschussvereinbarungen, Netting-Vereinbarungen usw. Diese Konditionen sind in einer Datenbank gespeichert, die in regelmäßigen Abständen einer förmlichen Überprüfung unterzogen wird.
Spanish: Estas condiciones incluirán por lo menos los importes nocionales contractuales, vencimiento, activos de referencia, acuerdos de constitución de márgenes, acuerdos de compensación, etc. Las condiciones y especificaciones se conservarán en una base de datos sujeta a una auditoría formal y periódica.
Finnish: Tällaisiin ehtoihin kuuluvat muun muassa sopimusten nimellismäärät, maturiteetti, referenssiomaisuus, vakuuksien vähimmäisrajat sekä vakuus- ja nettoutusjärjestelyt.
English: credit risk to each counterparty is aggregated to arrive at a single legal exposure across transactions. This aggregation shall be factored into credit limit purposes and internal capital purposes.
German: das Kreditrisiko jedes einzelnen Vertragspartners wird zusammengefasst, um transaktionsübergreifend eine einzige rechtskräftige Forderung zu erhalten.
English: In this formula S is expressed as total annual sales in millions of Euros with EUR 5 million <= S <= EUR 50 million. Reported sales of less than EUR 5 million shall be treated as if they were equivalent to EUR 5 million.
German: In dieser Formel wird S als Jahresumsatz in Millionen Euro angegeben, wobei gilt: 5 Millionen EUR <= S <=50 Millionen EUR. Jahresumsätze von unter 5 Millionen EUR werden wie Umsätze von 5 Millionen EUR behandelt.
English: For purchased receivables the total annual sales shall be the weighted average by individual exposures of the pool.
German: Bei angekauften Forderungen errechnet sich der konsolidierte Jahresumsatz aus dem gewichteten Durchschnitt der einzelnen Forderungen des Pools.
Portuguese: No que se refere aos valores a receber adquiridos, as vendas totais anuais corresponderão à média ponderada pelas diferentes posições em risco da categoria em causa.
Finnish: Ostettujen saamisten osalta vuotuinen kokonaisliikevaihto on sammion sisältämillä yksittäisillä vastuilla painotettu keskiarvo.
Greek: Για τις αποκτηθείσες εισπρακτέες απαιτήσεις, οι συνολικές ετήσιες πωλήσεις είναι ο σταθμισμένος μέσος όρος των μεμονωμένων απαιτήσεων της ομάδας.
Estonian: Ostetud nõuete puhul on aasta kogukäibeks nõuetekogumi üksikute nõuete kaalutud keskmine.
English: The credit institution can demonstrate that the use of the correlation of this point is limited to portfolios that have exhibited low volatility of loss rates, relative to their average level of loss rates, especially within the low PD bands. Competent authorities shall review the relative volatility of loss rates across the qualifying revolving retail sub-portfolios, as well the aggregate qualifying revolving retail portfolio, and intend to share information on the typical characteristics of qualifying revolving retail loss rates across jurisdictions; and
German: das Kreditinstitut kann nachweisen, dass die in diesem Absatz angegebene Korrelation nur auf Portfolios angewandt wird, die im Vergleich zu ihrer durchschnittlichen Höhe der Verlustraten eine geringe Verlustratenvolatilität aufweisen, insbesondere in den niedrigen PD-BereichenDie zuständigen Behörden überprüfen die relative Volatilität der Verlustraten über die verschiedenen qualifizierten revolvierenden Retail-Unterportfolios und das gesamte qualifizierte revolvierende Retail-Portfolio hinweg und zeigen sich bereit, Informationen über die typischen Merkmale qualifizierter revolvierender Retail-Verlustraten über die Rechtsräume hinweg auszutauschen, und
English: The expected loss amounts for exposures to corporates, institutions, central governments and central banks and retail exposures shall be calculated according to the following formulae:Expected loss (EL) = PD × LGD. Expected loss amount = EL × exposure value.
German: Die erwarteten Verlustbeträge für Forderungen an Unternehmen, Institute, Zentralstaaten und Zentralbanken sowie Retailforderungen werden nach den folgenden Formeln berechnet:Erwarteter Verlust (EL) = PD × LGD
English: The EL values for specialised lending exposures where credit institutions use the methods set out in point 6 for assigning risk weights shall be assigned according to Table 2.Table 2 Remaining Maturity Category 1 Category 2
German: Bei Forderungen, bei denen nach Teil 1 Nummer 4 verfahren wird, ist der EL gleich Null.
English: Category 4 Category 5 Less than 2,5 years 0 %
German: Kategorie 3
English: the protection provider had, at the time the credit protection was provided, or for any period of time thereafter, an internal rating with a PD equivalent to or lower than that associated with credit quality step 2 or above under the rules for the risk weighting of exposures to corporates under Articles 78 to 83; and the provider has an internal rating with a PD equivalent to or lower than that associated with credit quality step 3 or above under the rules for the risk weighting of exposures to corporates under Articles 78 to 83.
German: der Sicherungsgeber zum Zeitpunkt der Stellung der Sicherheitsleistung oder jederzeit danach ein internes Rating mit einer PD erhalten hat, das gemäß den Bestimmungen über die Risikogewichtung von Forderungen an Unternehmen der Artikel 78 bis 83 mit einer Bonitätsstufe von mindestens 2 gleichgesetzt wird, undder Sicherheitsgeber ein internes Rating mit einer PD erhalten hat, das gemäß den Bestimmungen über die Risikogewichtung von Forderungen an Unternehmen der Artikel 78 bis 83 mit einer Bonitätsstufe von mindestens 3 gleichgesetzt wird.
English: the credit institution must conduct, as Part of its regular internal auditing process, an independent review of its risk‐measurement system. This review must include both the activities of the business trading units and of the independent risk‐control unit;
German: das Kreditinstitut unterzieht sein Risikomesssystem im Rahmen der Innenrevision einer unabhängigen Prüfung, die sowohl die Tätigkeiten der Abteilung „Risikoüberwachung“ als auch der Handelsabteilungen umfasst;
English: For secured lending transactions the liquidation period shall be 20 business days. For repurchase transactions (except insofar as such transactions involve the transfer of commodities or guaranteed rights relating to title to commodities) and securities lending or borrowing transactions the liquidation period shall be 5 business days. For other capital market driven transactions, the liquidation period shall be 10 business days.
German: Bei besicherten Kreditvergaben beträgt der Verwertungszeitraum 20 Handelstage, bei Pensionsgeschäften (sofern diese nicht mit der Übertragung von Waren oder garantierten Eigentumsrechten an diesen Waren verbunden sind) und Wertpapierleihgeschäften 5 Handelstage und bei anderen Kapitalmarkttransaktionen 10 Handelstage.
English: For the purposes of Article 80, g shall be the risk weight to be assigned to an exposure which is fully protected by unfunded protection (GA), where: g is the risk weight of exposures to the protection provider as specified under Articles 78 to 83; and
German: Für die Zwecke des Artikels 80 ist g das Risikogewicht, das einer Forderung zugeteilt wird, die gänzlich durch eine Absicherung ohne Sicherheitsleistung abgesichert ist (GA).Dabei ist: g das in den Artikeln 78 bis 83 genannte Risikogewicht von Forderungen an den Sicherungsgeber, und
English: ‘Kirb’ means 8 % of the risk‐weighted exposure amounts that would be calculated under Articles 84 to 89 in respect of the securitised exposures, had they not been securitised, plus the amount of expected losses associated with those exposures calculated under those Articles; ‘Ratings based method’ means the method of calculating risk‐weighted exposure amounts for securitisation positions in accordance with Part 4, points 46 to 51;
German: „Kirb“ 8 % der risikogewichteten Forderungsbeträge, die gemäß Artikel 84 bis 89 in Bezug auf die verbrieften Forderungen berechnet würden, wenn diese nicht verbrieft wären, zuzüglich des Betrags der erwarteten Verluste, die mit diesen Forderungen einhergehen und gemäß dieser Artikel berechnet werden;
English: the credit institution's internal assessment methodology shall include rating grades. There shall be a correspondence between such rating grades and the credit assessments of eligible ECAIs.
German: Die interne Bemessungsmethode des Kreditinstituts enthält Ratingstufen, wobei zwischen diesen und den Ratings anerkannter ECAI ein enger Zusammenhang besteht.
English: + 1 - Kiribr
German: + 1 - Kirbr
Italian: + 1 - Kirbr
Slovenian: + 1 - Kirbr