FrancophonIA/DGT-Translation_Memory huggingface dataset:
English: SSS A
German: Kredit
Spanish: SLV B
Italian: SSS B
Portuguese: Crédito
Danish: Kredit
Finnish: Luotto
Greek: ΣΔΤ A
Latvian: VNS A
English: holds assets on an omnibus
German: Wertpapierabwick-lungssystem A verfügt über Sicherheiten auf einem Sammelkonto bei System B
Spanish: SLV A matiene activos en una cuenta omnibus
Portuguese: O SLT A detém activos numa conta global no SLT B
Danish: VPS A har aktiver
Swedish: SSS Innehåller tillgångar på ett omnibus-konto i SSS B
Finnish: Arvopaperikaupan selvitysjärjestelmä A pitää arvopapereita kirjaustilillä arvopaperikaupan selvitysjärjestelmä B:ssä
Slovak: SSS A má aktíva na súhrnnom účte v SSS B
Polish: SSS A trzyma aktywa na zbiorczym rachunku w SSS B
Lithuanian: A VPAS turi turto B VPAS bendroje sąskaitoje
English: account in SSS B
German: Wertpapierabwick-lungssystem A
Danish: på en samlekonto
Finnish: Arvopaperikaupan selvitysjärjestelmä A
Greek: τηρεί τίτλους σε συγκεντρωτικό λογαριασμό στο ΣΔΤ Β
English: SSS A SSS B
German: Wertpapierabwick-lungssystem B
Danish: hos VPS B
Finnish: Arvopaperikaupan selvitysjärjestelmä B
Estonian: Väärtpaberiarveldussüsteem B
English: The CCBM and the links between SSSs perform this function in different ways. In the CCBM, the cross-border relationship is between the national central banks.
Dutch: Beide systemen stellen tegenpartijen in staat onderpand te gebruiken om krediet te verkrijgen van de „eigen” centrale bank van het land van vestiging, ook al is dat onderpand uitgegeven in een effectenafwikkelsysteem van een ander land.
Danish: Begge systemer sætter med andre ord modparterne i stand til at stille sikkerhed i form af aktiver for at opnå kredit fra deres hjemmecentralbank, også selv om disse aktiver er udstedt i et værdipapirafviklingssystem i et andet land.
Estonian: Keskpankadevahelise korrespondentpanganduse mudeli puhul on piiriülene suhe liikmesriikide keskpankade vahel.
English: the institution is not exercising active banking functions in competition with other credit institutions; and/or
Danish: Instituttet driver ikke aktiv bankvirksomhed i konkurrence med andre kreditinstitutter.
Slovak: inštitúcia nevykonáva aktívne bankové funkcie na základe hospodárskej súťaže s inými úverovými inštitúciami;
English: The balance sheet data are reported to the national central banks within the general framework of the ECB’s money and banking statistics (see Section 7.5) [102]. For institutions subject to full reporting requirements, the balance sheet data referring to the end of a given calendar month are used to determine the reserve base for the maintenance period starting in the calendar month two months later.
French: La détermination des réserves obligatoires
Danish: Balancedata rapporteres til de nationale centralbanker inden for de overordnede rammer af ECBs penge- og bankstatistik (se afsnit 7.5) [103].
Greek: Καθορισμός των υποχρεωτικών ελάχιστων αποθεματικών
English: For example, the reserve base calculated from the balance sheet of the end of February would be used to calculate the reserve requirements to be fulfilled by counterparties in the maintenance period beginning in April. The reporting framework for the ECB’s money and banking statistics includes the possibility of relieving small institutions of some of the reporting burden.
French: Assiette et taux des réserves
Danish: For institutter, der er fuldt rapporteringspligtige, anvendes balancedata for slutningen af en given kalendermåned til opgørelse af reservekravsgrundlaget for den reservekravsperiode, der starter to kalendermåneder senere.
Swedish: Den kassakravsbas som beräknas utifrån balansräkningarna från slutet av februari skulle till exempel användas för att beräkna de kassakrav som motparterna skall uppfylla under den uppfyllandeperiod som börjar i april.
Greek: Βάση υπολογισμού και συντελεστές τών υποχρεώτικών ελάχιστών αποθεματικών
Polish: W przypadku instytucji podlegających wymogom pełnej sprawozdawczości, do ustalenia podstawy naliczania rezerwy na okres utrzymywania rozpoczynający się w miesiącu kalendarzowym przypadającym dwa miesiące później wykorzystuje się dane bilansowe na koniec bieżącego miesiąca kalendarzowego.
English: For example, the balance sheet of the end of the first quarter – March – would be valid for the calculation of the reserve base for the maintenance periods beginning in June, July and August. According to Council Regulation (EC) No 2531/98, the ECB is entitled to include liabilities resulting from the acceptance of funds together with liabilities resulting from off-balance-sheet items in the reserve base of institutions.
Danish: Institutter, for hvilke denne bestemmelse gælder, behøver kun at rapportere et begrænset sæt balancedata én gang hvert kvartal (ultimo kvartalsdata) og med en længere rapporteringsfrist end for større institutter.
Polish: Instytucje, do których stosuje się ten przepis muszą przekazywać jedynie ograniczony zestaw danych bilansowych co kwartał (dane w układzie kwartalnym) w terminie, który jest dłuższy niż termin przewidziany dla większych instytucji.
English: In the Eurosystem’s minimum reserve system, only the liability categories ‘deposits’ and ‘debt securities issued’ are actually included in the reserve base (see Box 9). Liabilities vis-à-vis other institutions included in the list of institutions subject to the Eurosystem’s minimum reserve system and liabilities vis-à-vis the ECB and the national central banks are not included in the reserve base.
Danish: For disse institutter anvendes de rapporterede balancedata for et specifikt kvartal til, med to måneders forskydning, at fastsætte reservekravsgrundlaget for de efterfølgende tre reservekravsperioder.
English: In this respect, for the liability category ‘debt securities issued’, the issuer needs to be able to prove the actual amount of these instruments held by other institutions subject to the Eurosystem’s minimum reserve system in order to be entitled to deduct them from the reserve base. If such proof cannot be presented, issuers may apply a standardised deduction of a fixed percentage [103] to this balance sheet item.
Danish: Balancen for ultimo 1. kvartal – marts – benyttes fx til opgørelse af reservekravsgrundlaget i de reservekravsperioder, der starter i juni, juli og august.
English: The reserve ratios are determined by the ECB subject to the maximum limit specified in Council Regulation (EC) No 2531/98. The ECB applies a uniform non-zero reserve ratio to most of the items included in the reserve base.
French: Pour les établissements assujettis aux obligations de déclaration intégrale, les données de bilan se rapportant à la fin d’un mois civil donné servent à déterminer l’assiette des réserves correspondant à la période de constitution débutant au cours du deuxième mois civil suivant le mois civil concerné.
Spanish: Si no fuera posible presentar tal justificación, el emisor podrá aplicar una deducción estandarizada de un porcentaje fijo [104] a cada una de estas partidas del balance.
Danish: Ifølge Rådets forordning (EF) nr. 2531/98 kan ECB medtage passiver som følge af accept af midler samt passiver, der hidrører fra ikke-balan-ceførte poster, i institutternes reservekravsgrundlag.
Greek: Για τα ιδρύματα που υπόκεινται σε πλήρη υποχρέωση υποβολής πληροφοριών, τα στοιχεία του ισολογισμού που ανάγονται στο τέλος ενός συγκεκριμένου ημερολογιακού μηνός χρησιμοποιούνται για τον καθορισμό της βάσης των ελάχιστων υποχρεωτικών αποθεματικών για την περίοδο τήρησης που αρχίζει από το μεθεπόμενο μήνα.
Polish: Zobowiązania wobec innych instytucji znajdujących się w wykazie instytucji podlegających systemowi rezerwy obowiązkowej Eurosystemu oraz zobowiązania wobec EBC i krajowych banków centralnych nie są zaliczane do podstawy naliczania rezerwy.
English: This reserve ratio is specified in Regulation ECB/2003/9. The ECB sets a zero reserve ratio on the following liability categories: ‘deposits with an agreed maturity of over two years’, ‘deposits redeemable at notice of over two years’, ‘repos’ and ‘debt securities with an agreed maturity of over two years’ (see Box 9).
Danish: I eurosystemets reservekravssystem er dog kun passivkategorierne »indlån« og »udstedte gældsinstrumenter« medtaget i reservekravsgrundlaget (se boks 9).
Polish: W tym zakresie dla kategorii pasywów „wyemitowane dłużne papiery wartościowe”, aby mieć możliwość odliczenia takich zobowiązań od podstawy naliczania rezerwy, emitent musi być w stanie udowodnić faktyczną ilość tych instrumentów znajdujących się w posiadaniu innych instytucji podlegających systemowi rezerwy obowiązkowej Eurosystemu.
English: The ECB may change the reserve ratios at any time. Changes in reserve ratios are announced by the ECB in advance of the first maintenance period for which the change is effective. Calculation of reserve requirements
Danish: Passiver over for andre institutter, der er opført på listen over institutter, som er underlagt eurosystemets reservekrav, og passiver over for ECB og de nationale centralbanker medtages ikke i reservekravsgrundlaget.
English: The reserve requirement of each individual institution is calculated by applying, to the amount of eligible liabilities, the reserve ratios for the corresponding categories of liabilities. Each institution deducts an allowance of E100000 from its reserve requirement in each Member State in which it has an establishment.
Danish: I den forbindelse skal udstederne af passivkategorien »udstedte gældsinstrumenter« kunne dokumentere den faktiske størrelse af passiver holdt af andre institutter, der er underlagt eurosystemets reservekrav, for at de kan udelades af reservekravsgrundlaget.
English: BOX 9 Reserve base and reserve ratios
Danish: Denne reservekravskoefficient er angivet i forordning ECB/2003/9.
English: Repos Debt securities issued
Danish: Tidsindskud med løbetid på over 2 år
English: Maintenance of reserve holdings Maintenance period
French: Chaque établissement applique un abattement forfaitaire de EUR 100000 à ses réserves à constituer dans chaque État membre où il a une implantation.
German: Haltung von Mindestreserven
Spanish: Frente al BCE y los bancos centrales nacionales
Danish: Passiver over for ECB og de nationale centralbanker
Swedish: ECB publicerar en kalender med uppfyllandeperioderna för kasskraven minst tre månader före varje nytt år [104].
Greek: Κάθε ίδρυμα αφαιρεί το ποσό των 100000 ευρώ από τα υποχρεωτικά ελάχιστα αποθεματικά του σε κάθε κράτος-μέλος όπου έχει εγκατάσταση.
Polish: EBC publikuje kalendarz okresów utrzymywania rezerwy na co najmniej trzy miesiące przed początkiem danego roku [104].
Slovenian: Izpolnjevanje obveznih rezerv
English: The maintenance period begins on the settlement day of the first main refinancing operation following the meeting of the Governing Council, at which the monthly assessment of the monetary policy stance is pre-scheduled. Under special circumstances, the published calendar may be amended, depending, among other things, on changes in the schedule of Governing Council meetings.Reserve holdings Each institution must hold its minimum reserves on one or more reserve accounts with the national central bank in the Member State in which it is established.
Spanish: Período de mantenimiento
Danish: Reservekravsperioden
English: Institutions’ settlement accounts with the national central banks may be used as reserve accounts. Reserve holdings on settlement accounts may be used for intraday settlement purposes.
Danish: Hvis et institut har enheder i mere end en medlemsstat, skal det holde mindstereserver på konti hos den nationale centralbank i hver medlemsstat, hvor det har en enhed, i forhold til sit reservekravsgrundlag i den pågældende medlemsstat.
Slovenian: Institucija s poslovalnicami v več kot eni državi članici mora izpolnjevati obvezne rezerve pri nacionalni centralni banki v vsaki državi članici, v kateri ima poslovalnico, v razmerju do njene osnove za rezerve v ustrezni državi članici.
Lithuanian: Įstaigos dienos atsargos apskaičiuojamos kaip galutinis atsargų sąskaitos likutis dienos pabaigoje.
English: The procedure for the notification and acknowledgement of an institution’s minimum reserves is as follows. Either the relevant national central bank or the institution takes the initiative to calculate that institution’s minimum reserves for the relevant maintenance period.
German: Das Verfahren zur Meldung und Anerkennung des Mindestreserve-Solls eines Instituts verläuft wie folgt: Die betreffende NZB oder das Institut berechnet das Mindestreserve-Soll des Instituts für die betreffende Mindestreserve-Erfüllungsperiode.
Portuguese: O procedimento para a notificação e aceitação do montante das reservas mínimas de uma instituição é o seguinte: a iniciativa de calcular o montante das reservas mínimas de uma instituição relativamente ao período de manutenção em causa compete ao banco central nacional competente ou à instituição em causa.
Danish: Proceduren for meddelelse og anerkendelse af et instituts mindstereserver er som følger: Den pågældende nationale centralbank eller instituttet tager initiativ til at beregne instituttets mindstereserver for den pågældende reservekravsperiode.
Slovak: Postup pre oznamovanie a potvrdzovanie základne na výpočet povinných minimálnych rezerv inštitúcie: Iniciatívy na výpočet povinných minimálnych rezerv inštitúcie pre príslušnú periódu udržiavania povinných minimálnych rezerv sa ujme buď príslušná národná centrálna banka, alebo inštitúcia sama.
English: Tier two assets that do not qualify under the eligibility criteria for the single framework for eligible collateral will remain eligible until 31 May 2007, and the associated haircuts for marketable tier two assets (as set out in the General Documentation published in February 2005) continue to apply until that date. The Governing Council has also decided that units of French fonds communs de créances (FCCs) incorporated in the tier one list will remain eligible for a transitional period until 31 December 2008.
Danish: Liste 2-aktiver, der ikke opfylder de belånbarhedskriterier, der gælder for den fælles ramme for belånbare aktiver til sikkerhedsstillelse, er fortsat belånbare indtil 31. maj 2007, og de dertil hørende haircuts for omsættelige liste 2-papirer (som de fremgår af Dokumentationsgrundlaget fra februar 2005) er fortsat i kraft indtil da. Styrelsesrådet har ligeledes besluttet, at enheder på liste 1, der er udstedt af franske fonds communs de créances, fortsat kan belånes indtil 31. december 2008.
English: ‘Safety’, ‘transparency’ and ‘accessibility’ are defined by the Eurosystem exclusively in terms of the performance of the Eurosystem’s collateral management function. The selection process is not aimed at assessing the intrinsic quality of the various markets. The principles are to be understood as follows. Safety is taken to mean certainty with regard to transactions, in particular certainty on the validity and enforceability of transactions.
Danish: En liste over godkendte ikke-regulerede markeder er offentliggjort på ECBs websted (www.ecb.int).
Slovak: Zoznam neregulovaných trhov je uverejnený na internetovej stránke ECB (www.ecb.int).
Hungarian: Az elfogadható, nem szabályozott piacok listáját az EKB honlapján (www.ecb.int) hozzák nyilvánosságra.
English: Transparency is taken to mean unimpeded access to information on the market’s rules of procedure and operation, the financial features of the assets, the price formation mechanism, and the relevant prices and quantities (quotes, interest rates, trading volumes, outstanding amounts, etc.). Accessibility refers to the Eurosystem’s ability to take part in and have access to the market; a market is accessible for collateral management purposes if its rules of procedure and operation allow the Eurosystem to obtain information and conduct transactions when needed for these purposes.
Danish: Listen opdateres mindst en gang om året.
Slovak: Aktualizuje sa raz za rok.
Hungarian: A listát legalább évente egyszer naprakésszé teszik.
English: Credit claims are also referred to as bank loans. Schuldscheindarlehen and Dutch registered private claims on the government or other eligible debtors that are covered by a government guarantee (e.g. housing associations) are deemed to be equivalent to credit claims.
German: Schuldscheindarlehen und eingetragene Forderungen aus Privatkrediten an die niederländische Zentralregierung oder sonstige notenbankfähige Schuldner, die durch eine staatliche Garantie besichert sind (z. B. Wohnungsbaugesellschaften), sind Kreditforderungen gleichgestellt.
Spanish: A partir del 1 de enero de 2012 se establecerá un régimen unificado.
Italian: Dal 1o gennaio 2012 verrà applicato un regime unificato.
Dutch: Vanaf 1 januari 2012 wordt een uniforme regeling gehanteerd.
Danish: Fra 1. januar 2012 gælder en enhedsordning.
Greek: Από 1.1.2012 θα ισχύει ενιαίο καθεστώς.
Slovak: Od 1. januára 2012 sa zavedie jednotný režim.
Hungarian: 2012. január 1-jétől egységes rendszer lép életbe.
Slovenian: S 1. januarjem 2012 bo začela veljati enotna ureditev.
Lithuanian: Nuo 2012 m. sausio 1 d. bus taikomos suvienodintos taisyklės.
English: Until then, BcL will apply a minimum threshold of EUR 1000000. [55] See footnote 13 in this chapter.
Italian: La Banque centrale du Luxembourg introdurrà la soglia minima comune per l’utilizzo transfrontaliero dei crediti al più tardi il 1o gennaio 2008; fino a quella data essa applicherà un importo minimo pari a 1 milione di euro.
Dutch: Tot dat moment hanteert BcL een minimum van €1000000.
Danish: Indtil da har BcL fastsat et mindstebeløb på 1000000 euro.
Slovak: Dovtedy bude uplatňovať minimálnu výšku 1000000 EUR.
Hungarian: Addig a BcL 1000000 eurós küszöbértéke marad érvényben.
Slovenian: Do takrat bo BcL uporabljala najnižji prag v višini 1000000 EUR.
Lithuanian: Banque centrale du Luxembourg (BcL) tarpvalstybinio naudojimo atveju taikys bendrą minimalią ribą vėliausiai nuo 2008 m. sausio 1 d. Iki šios datos BcL taikys 1000000 eurų minimalią ribą.
English: In the event of a counterparty using assets that, owing to an identity with the issuer/debtor/guarantor or the existence of close links, it may not or no longer use to secure an outstanding credit, it is obliged to immediately notify the relevant national central bank thereof. The assets are valued at zero on the next valuation date and a margin call may be triggered (see also Annex 6). In addition, the counterparty has to remove the asset on the earliest possible date.
French: Cf. note de bas de page no 13.
Spanish: Actualmente, los pagarés hipotecarios irlandeses son los únicos instrumentos incluidos en este tipo de activos.
Italian: Attualmente le uniche attività ricomprese in questa classe sono le cambiali ipotecarie irlandesi.
Danish: Irske egenveksler med pant i fast ejendom er på nuværende tidspunkt de eneste instrumenter i denne aktivklasse.
Greek: Επί του παρόντος αυτή η κατηγορία περιουσιακών στοιχείων περιλαμβάνει μόνο γραμμάτια εξασφαλισμένα με στεγαστικά δάνεια, τα οποία εκδίδονται στην Ιρλανδία.
Hungarian: Jelenleg kizárólag az ír jelzálogalapú fizetési ígérvények tartoznak ebbe az eszközosztályba.
Slovenian: V tem razredu finančnega premoženja so trenutno le irske hipotekarne zadolžnice.
Lithuanian: Airijos turtu užtikrinti paprastieji vekseliai šiuo metu yra vienintelės šios turto kategorijos priemonės.
English: The credit standard of non-rated marketable debt instruments issued or guaranteed by non-financial corporations is determined on the basis of the credit assessment source chosen by the respective counterparty in accordance with the ECAF rules applicable to credit claims, as set out in Section 6.3.3. In the case of these marketable debt instruments, the following eligibility criteria for marketable assets have been amended: place of establishment of the issuer/guarantor: euro area; place of issue: euro area.
French: Pour de plus amples détails, se reporter à la section 6.2.2.
Italian: Per informazioni più dettagliate, cfr. la sezione 6.2.1.
Danish: Se nærmere i afsnit 6.2.2.
Slovak: Viac informácii v časti 6.2.2.
Hungarian: További részletek a 6.2.2 fejezetben olvashatók.
Slovenian: Podrobnosti so opisane v poglavju 6.2.2.
Lithuanian: Išsamesnė informacija išdėstyta 6.2.2 skirsnyje.
English: The national central bank reporting a certain asset is normally the national central bank of the country in which the asset will be admitted to trading/traded on an acceptable market. In the event that an asset is admitted to trading/traded on multiple markets, any queries should be addressed to the ECB’s Eligible Assets Hotline (Eligible-Assets.hotline@ecb.int).
French: Ces informations sont publiées sur le site internet de la BCE (www.ecb.int).
Spanish: Se considera que los instrumentos de renta fija tipo Pfandbrief cumplen el requisito de elevada calidad crediticia con independencia de las normas establecidas en los criterios sobre evaluación del crédito por parte de una ECAI si se ajustan rigurosamente a los criterios del apartado 4 del artículo 22 de la Directiva sobre OICVM.
Italian: Se strettamente conformi ai requisiti fissati dall’articolo 22, paragrafo 4, della direttiva sugli OICVM, si considera che le obbligazioni bancarie garantite soddisfano elevati standard di credito indipendentemente dalle regole definite nell’ambito dei criteri di valutazione della qualità creditizia delle ECAI.
Dutch: Deze informatie is te vinden op de website van de ECB (www.ecb.int).
Danish: Disse oplysninger offentliggøres på ECBs websted (www.ecb.int).
Greek: Οι πληροφορίες αυτές δημοσιεύονται στο δικτυακό τόπο της ΕΚΤ (www.ecb.int).
Slovak: V prípade krytých bankových dlhopisov platí, že vysoké štandardy úverovej bonity spĺňajú bez ohľadu na pravidlá stanovené v kritériách týkajúcich sa hodnotení úverovej bonity od ECAI, ak v plnej miere spĺňajú kritériá stanovené v článku 22 ods. 4 smernice UCITS.
Hungarian: Ezt az információt az EKB honlapján (www.ecb.int) teszik közzé.
Slovenian: Te informacije so objavljene na spletni strani ECB (www.ecb.int).
Lithuanian: Ši informacija skelbiama ECB interneto svetainėje (www.ecb.int).
English: Owing to operational differences across Member States, some differences in terms of risk control measures may prevail. For instance, in respect of the procedures for counterparties’ delivery of underlying assets to the national central banks (in the form of a pool of collateral pledged with the national central bank or as repurchase agreements based on individual assets specified for each transaction), minor differences may occur with regard to the timing of the valuation and other operational features of the risk control framework. Furthermore, in the case of non-marketable assets, the precision of valuation techniques may differ, which is reflected in the overall level of haircuts (see Section 6.4.3).
French: La contrepartie doit immédiatement informer le fournisseur de RT de tout événement de crédit susceptible de signaler une détérioration de la qualité de signature.
Spanish: Los criterios de aceptación figuran en la dirección de BCE en Internet (www.ecb.int).
Italian: I criteri di accettazione sono elencati nel sito Internet della BCE (www.ecb.int).
Danish: Modparten skal øjeblikkeligt underrette udbyderen af ratingværktøjet om alle kreditbegivenheder, som kan tyde på forringelse af kreditkvaliteten.
Slovak: Kritériá akceptovateľnosti sú uvedené na internetovej stránke ECB (www.ecb.int).
Hungarian: Az ügyfélnek haladéktalanul értesítenie kell az RT szolgáltatóját minden olyan, hitelekkel kapcsolatos eseményről, amely a hitel minőségének romlására utalhat.
Slovenian: Nasprotna stranka mora takoj obvestiti ponudnika bonitetnih orodij o kakršnem koli kreditnem dogodku, ki bi nakazoval poslabšanje bonitete.
Lithuanian: Sandorio šalis turi nedelsdama informuoti PRN teikėją apie bet kokį kredito įvykį, kuris gali rodyti kredito kokybės prastėjimą.