FrancophonIA/DGT-Translation_Memory huggingface dataset:
English: Individual asset-backed securities, covered bank bonds (jumbo covered bank bonds, traditional covered bank bonds and other covered bank bonds) and uncovered bank bonds that are theoretically valued in accordance with Section 6.5 are subject to an additional valuation haircut. This haircut is directly applied at the level of the theoretical valuation of the individual debt instrument in the form of a valuation markdown of 5 %.
Hungarian: Az egyedi eszközalapú értékpapírokra, fedezett banki kötvényekre (jumbóval fedezett banki kötvényekre, hagyományos fedezett banki kötvényekre és egyéb banki kötvényekre) és a fedezetlen banki kötvényekre, amelyek elvi értékelése a 6.5. szakaszban kifejtettek szerint történik, további haircut vonatkozik, amelyet közvetlenül az adott adósságinstrumentum elméleti értékelésének szintjén, 5 %-os diszkontálás formájában hajtanak végre.
English: In this respect, the Governing Council of the ECB is responsible for the formulation of monetary policy, while the Executive Board is empowered to implement monetary policy according to the decisions made and guidelines laid down by the Governing Council. To the extent deemed possible and appropriate and with a view to ensuring operational efficiency, the ECB has recourse to the NCBs for carrying out the operations which form part of the tasks of the Eurosystem.
Italian: A tale riguardo, il Consiglio direttivo della BCE è responsabile della formulazione della politica monetaria, mentre al Comitato esecutivo è demandata l’attuazione della politica monetaria secondo le decisioni e gli indirizzi stabiliti dal Consiglio direttivo.
English: The Eurosystem's monetary policy operations are executed under uniform terms and conditions in all Member States.3. Section 1.2 is replaced by the following:
Italian: Le banche centrali nazionali (BCN), se necessario per l’attuazione della politica monetaria, possono condividere singole informazioni tra i membri dell ' Eurosistema, come ad esempio dati operativi connessi alle controparti che partecipano alle operazioni dell’Eurosistema Le operazioni di politica monetaria dell’Eurosistema sono attuate in base a termini e condizioni uniformi in tutti gli Stati membri.3. il Capitolo 1.2 è sostituito dal seguente:
Polish: Operacje polityki pieniężnej Eurosystemu są realizowane na jednolitych zasadach i warunkach we wszystkich państwach członkowskich.3. punkt 1.2 otrzymuje brzmienie:
English: In Section 3.5, the fifth bullet point of the fourth paragraph is replaced by the following: ‘the collection of deposits is normally executed in a decentralised manner by the NCBs (the Governing Council of the ECB can decide that, under exceptional circumstances, the bilateral collection of fixed-term deposits may be executed by the ECB); and17.
Italian: nel Capitolo 3.5, il quinto punto del quarto paragrafo è sostituito dal seguente:
Polish: w pkt 3.5 podpunkt piąty ustępu czwartego otrzymuje brzmienie:
English: The contractual or regulatory arrangements applied by the relevant NCB allow the imposition of penalties if a counterparty fails to transfer a sufficient amount of underlying assets or cash to settle the amount it has been allotted in a tender operation.22. In Section 5.1.5, the third paragraph (the second paragraph under the heading ‘Variable rate tenders in euro’) is replaced by the following:
Italian: Le disposizioni contrattuali o regolamentari applicate dalla BCN competente permettono di imporre penali nel caso in cui una controparte non riesca a trasferire una quantità di attività idonee o di contante sufficiente a regolare l’ammontare assegnatole in un’operazione d’asta.22. nella Sezione 5.1.5, il terzo paragrafo (il secondo paragrafo sotto il titolo «Aste a tasso variabile in euro») è sostituito dal seguente:
Polish: Ustalenia umowne lub normatywne stosowane przez dany KBC umożliwiają nałożenie kar, jeżeli kontrahent nie przekaże odpowiedniej ilości aktywów zabezpieczających lub środków pieniężnych wystarczających do pokrycia kwoty przyznanej mu w operacji przetargowej.22. w pkt 5.1.5 ustęp trzeci (ustęp drugi pod nagłówkiem „Przetargi procentowe w euro”) otrzymuje brzmienie:
English: if they are credit claims, the obligors and the creditors must be incorporated (or, if natural persons, resident) in the EEA and, if relevant, the related security must be located in the EEA. The law governing those credit claims must be the law of an EEA country.
Italian: se sono crediti, gli obbligati e i creditori devono avere sede legale (o, se persone fisiche, essere residenti) nel SEE e, se pertinente, il relativo titolo deve essere situato nel SEE.
English: For asset-backed securities the acquisition of the underlying assets must be governed by the law of an EU Member State. The law governing underlying credit claims must be the law of an EEA country
Italian: Per i titoli garantiti da attività la loro acquisizione deve essere disciplinata dalla legislazione di uno Stato membro dell’UE; La legislazione applicabile ai crediti sottostanti deve essere quella di un Paese del SEE.
English: The non-rated marketable debt instruments issued by non-financial corporations are not included in the public list of eligible marketable assets.33. Section 6.3.3 is amended as follows:
Italian: Gli strumenti di debito negoziabili privi di rating emessi da società non finanziarie non sono inclusi nella lista pubblica delle attività negoziabili idonee.33. il Capitolo 6.3.3 è modificato come segue:
Polish: Wyemitowane przez przedsiębiorstwa niefinansowe rynkowe instrumenty dłużne niemające ratingu nie są umieszczane na publicznej liście kwalifikowanych aktywów rynkowych.33. w pkt 6.3.3 wprowadza się następujące zmiany:
English: The Eurosystem decides whether to accept the RT provider based on evaluation of compliance with the acceptance criteria set by the Eurosystem.35. In Section 6.4.1, Box 7 is replaced by the following:
Italian: L’Eurosistema decide se accettare il fornitore di RT sulla base di una verifica della conformità ai criteri di accettazione dallo stesso definiti.35. nel Capitolo 6.4.1, il riquadro 7 è sostituito dal seguente:
Polish: Eurosystem podejmuje decyzję, czy zaakceptować dostawcę narzędzi ratingowych, oceniając, czy spełnione zostały kryteria określone przez Eurosystem.35. w pkt 6.4.1 ramka 7 otrzymuje brzmienie:
English: For example, the list published at the end of February would be valid for the calculation of the reserve base for the maintenance period beginning in April.41. Section 7.3 is amended as follows:
Italian: Ad esempio, l’elenco pubblicato alla fine di febbraio sarà valido per il calcolo dell’aggregato soggetto a riserva relativo al periodo di mantenimento che comincia ad aprile.41. il Capitolo 7.3 è modificato come segue:
Polish: Na przykład wykaz opublikowany pod koniec lutego będzie obowiązywać przy ustalaniu podstawy naliczania rezerwy na okres utrzymywania rezerw zaczynający się w kwietniu.41. w pkt 7.3 wprowadza się następujące zmiany:
English: An institution with establishments in more than one Member State is required to hold minimum reserves with the NCB of each Member State in which it has an establishment, in relation to its reserve base in the corresponding Member State.43. Appendix 2 is amended as follows:
Italian: Un’istituzione con sedi in più di uno Stato membro deve detenere la riserva dovuta presso la banca centrale nazionale di ciascuno Stato membro in cui ha una sede operativa, in relazione all’aggregato di riferimento nello Stato membro corrispondente.43. l’appendice 2 è modificata come segue:
Polish: Instytucja posiadająca zakłady w więcej niż jednym państwie członkowskim musi utrzymywać rezerwę obowiązkową w krajowym banku centralnym każdego państwa członkowskiego, w którym posiada zakład, stosownie do podstawy naliczania rezerwy określonej w danym państwie członkowskim.43. w dodatku 2 wprowadza się następujące zmiany:
English: ‘The RT source consists of entities that assess the credit quality of debtors by using primarily quantitative models in a systematic and mechanical manner, relying among other information on audited accounts, and whose credit assessments are not intended for general public disclosure. An RT provider wishing to participate in the ECAF has to submit a request to the NCB of the country in which it is incorporated, using the template provided by the Eurosystem, supplemented by additional documentation as specified in the template.
Lithuanian: „PRN šaltinį sudaro subjektai, kurie vertina skolininkų kredito kokybę pirmiausia sistemiškai ir mechaniškai naudodami kiekybinius modelius, remdamiesi, be kitos informacijos, audituotomis ataskaitomis, ir kurių kredito vertinimai nėra skirti atskleisti plačiajai visuomenei.
English: “Triple A” means a long-term rating of “AAA” by Fitch, Standard & Poor’s or DBRS or “Aaa” by Moody’s or, if this is not available, a short-term rating of “F1+” by Fitch, or “A-1+” by Standard & Poor’s, or “R-1H” by DBRS. ’
Lithuanian: „Trys A“ reiškia ilgalaikį reitingą „AAA“ pagal Fitch, Standard & Poor’s arba DBRS arba „Aaa“ pagal Moody’s arba, jei jų nėra, trumpalaikį reitingą „F1+“ pagal Fitch, arba „A-1+“ pagal Standard & Poor’s, arba „R-1H“ pagal DBRS.“
English: “Single A” means a minimum long-term rating of “A-” by Fitch or Standard & Poor’s, or “A3” by Moody’s, or “AL” by DBRS. ’
Lithuanian: „Viena A“ reiškia minimalų ilgalaikį reitingą „A-“ pagal Fitch arba Standard & Poor’s arba „A3“ pagal Moody’s, arba „AL“ pagal DBRS.“
English: If the normal settlement date for the main or the longer-term refinancing operations coincides with a bank holiday, the ECB may decide to apply a different settlement date, with the option of same-day settlement. The settlement dates for the main and the longer-term refinancing operations are specified in advance in the Eurosystem's tender operations calendar (see Section 5.1.2).’
Dutch: Indien de normale vereveningsdatum voor de basis- of de langerlopende herfinancieringstransacties samenvalt met een officiële vrije dag, kan de ECB besluiten een andere vereveningsdatum toe te passen, met inbegrip van verevening op dezelfde dag. De vereveningsdata voor de basis- en de langerlopende herfinancieringstransacties worden tevoren vastgelegd in de tenderkalender van het Eurosysteem (zie paragraaf 5.1.2).”.
English: In this respect, two different types of bilateral procedures can be distinguished: operations where counterparties are contacted directly by the Eurosystem, and operations executed through stock exchanges and market agents.25. In Section 5.3.1, Table 3 is replaced by the following:
Polish: Wyróżnia się dwa rodzaje procedur bilateralnych: operacje, w których Eurosystem kontaktuje się bezpośrednio z kontrahentami, i operacje realizowane przez giełdy papierów wartościowych i podmioty rynkowe.25. w pkt 5.3.1 tabela 3 otrzymuje brzmienie:
English: RMBDs Credit standards
Portuguese: Instrumentos de dívida não transaccionáveis garantidos por empréstimos hipotecários a particulares (RMBD)
English: Not applicable Not applicable
Slovak: Postupy vyrovnania a technické aspekty
Romanian: Proceduri de decontare/utilizare
English: Place of settlement: euro area Instruments must be centrally deposited in book-entry form with central banks or a SSS fulfilling the ECB's minimum standards
Slovak: Nástroje musia byť centrálne uložené v zaknihovanej podobe v centrálnych bankách alebo v systémoch vyrovnania obchodov s cennými papiermi, ktoré spĺňajú minimálne štandardy ECB.
Romanian: Instrumentele trebuie depuse centralizat prin înscriere într-un cont la băncile centrale sau într-un sistem de decontare a operațiunilor cu instrumente financiare (SSS) care îndeplinește standardele minime ale BCE