FrancophonIA/DGT-Translation_Memory huggingface dataset:
English: a bilateral or multilateral network of credit institutions that is: (i) organised through a statutory framework determining the affiliation of credit institutions to such a network; or (ii) characterised by self-organised mechanisms of cooperation (promoting, supporting and representing the business interests of its members) and/or economic solidarity going beyond the ordinary cooperation usual between credit institutions whereby such cooperation and solidarity are permitted by credit institutions’ by-laws or articles of incorporation or established by virtue of separate agreements; and in each case referred to in (c) the ECB’s Governing Council has approved an application to be considered as constituting a group, ‘Home Account’ means an account opened outside the PM by a CB for an entity that is eligible to become an indirect participant,
Spanish: «suspensión»
English: ‘Information and Control Module (ICM)’ means the SSP module that allows participants to obtain on-line information and gives them the possibility to submit liquidity transfer orders, manage liquidity and initiate backup payment orders in contingency situations, ‘ICM broadcast message’ means information made simultaneously available to all or a selected group of TARGET2 participants via the ICM,
Spanish: la interrupción de los derechos y obligaciones de un participante por el tiempo que determine [insértese el nombre del banco central];
Hungarian: „rendkívüli helyzetekre vonatkozó modul”: olyan SSP modul, amely lehetővé teszi a sürgős és nagyon sürgős fizetések feldolgozását rendkívüli helyzetekben,
Latvian: statisko datu apkopošanas veidlapa (static data collection form) ir veidlapa, ko sagatavojusi [iekļaut CB nosaukumu], lai reģistrētu TARGET2 [iekļaut atsauci uz CB/valsti] pakalpojumu saņemšanas kandidātus un jebkuras pārmaiņas saistībā ar šādu pakalpojumu sniegšanu,
English: ‘investment firm’ means an investment firm within the meaning of [insert national law provisions implementing Article 4(1)(1) of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments amending Council Directives 85/611/EEC and 93/6/EEC and Directive 2000/12/EC of the European Parliament and of the Council and repealing Council Directive 93/22/EEC [6]], excluding the institutions specified in [insert national law provisions implementing Article 2(1) of Directive 2004/39/EC], provided that the investment firm in question is:(a) authorised and supervised by a recognised competent authority, which has been designated as such under Directive 2004/39/EC; and (b) entitled to carry out the activities referred to under [insert national law provisions implementing items 2, 3, 6 and 7 of Section A of Annex I to Directive 2004/39/EC],
French: «Spécifications fonctionnelles détaillées pour l’utilisateur (User Detailed Functional Specifications – UDFS)»
Spanish: «TARGET2 CUG» (grupo cerrado de usuarios)
Polish: przedsiębiorstwo inwestycyjne w rozumieniu [przepisy prawa krajowego implementujące art. 4 ust. 1 pkt 1 dyrektywy 2004/39/WE Parlamentu Europejskiego i Rady z dnia 21 kwietnia 2004 r. w sprawie rynków instrumentów finansowych zmieniającej dyrektywy Rady 85/611/EWG i 93/6/EWG i dyrektywę 2000/12/WE Parlamentu Europejskiego i Rady oraz uchylającej dyrektywę Rady 93/22/EWG [5]], z wyłączeniem instytucji wyszczególnionych w [przepisy prawa krajowego implementujące art. 2 ust. 1 dyrektywy 2004/39/WE], o ile dane przedsiębiorstwo inwestycyjne:a) działa na podstawie zezwolenia wydanego przez właściwy organ wskazany na podstawie przepisów dyrektywy 2004/39/WE i podlega nadzorowi przez ten organ; oraz
Hungarian: „résztvevő” (vagy „közvetlen résztvevő”): az a jogalany, amely legalább egy PM-számlával rendelkezik a(z) [a KB neve beillesztendő]-nál,
Estonian: „sisendkontroll” (entry disposition)
Latvian: TARGET2 dalībnieks (TARGET2 participant) ir jebkurš TARGET2 komponentsistēmas dalībnieks,
English: ‘liquidity transfer order’ means a payment order, the main purpose of which is to transfer liquidity between different accounts of the same participant or within a CAI or AL group, ‘managing NCB’ means the AL NCB of the TARGET2 component system in which the AL group manager participates,
French: la dernière version des spécifications fonctionnelles détaillées pour l’utilisateur, constituant la documentation technique qui précise les rapports d’un participant avec TARGET2,
Spanish: el subconjunto formado por los clientes del proveedor del servicio de red agrupados para utilizar los servicios y productos pertinentes del proveedor del servicio de red al acceder al módulo de pagos;
Polish: jest uprawnione do wykonywania działalności, o której mowa w [przepisy prawa krajowego implementujące pkt 2, 3, 6 i 7 sekcji A załącznika I do dyrektywy 2004/39/WE], —
Hungarian: „SSP-t üzemeltető NKB-k”: a Deutsche Bundesbank, a Banque de France és a Banca d’Italia, az SSP-t az eurorendszer javára megépítő és üzemeltető KB-i feladatkörükben,
English: ‘multi-addressee access’ means the facility by which branches or credit institutions established in the EEA can access the relevant TARGET2 component system by submitting payment orders and/or receiving payments directly to and from the TARGET2 component system; this facility authorises these entities to submit their payment orders through the direct participant’s PM account without that participant’s involvement, ‘network service provider’ means the undertaking appointed by the ECB’s Governing Council to provide computerised network connections for the purpose of submitting payment messages in TARGET2,
French: «succursale»
Spanish: «TARGET2-[insértese la referencia al banco central/país]»
Hungarian: „TARGET2-[a KB neve/országhivatkozás beillesztendő]”: a [a KB neve] TARGET2 tagrendszere,
Maltese: “Kodiċi għall-Identifikazzjoni ta’ Negozju (BIC)” tfisser kodiċi kif definit mill-Istandard ISO Nru 9362,
English: ‘Payments Module (PM)’ means an SSP module in which payments of TARGET2 participants are settled on PM accounts, ‘PM account’ means an account held by a TARGET2 participant in the PM with a CB which is necessary for such TARGET2 participant to: (a) submit payment orders or receive payments via TARGET2; and (b) settle such payments with such CB,
Spanish: el conjunto formado por todos los sistemas integrantes de TARGET2 de los bancos centrales;
Italian: per «tasso di rifinanziamento marginale» (marginal lending rate) si intende il tasso di interesse di volta in volta applicabile alle operazioni di rifinanziamento marginale,
English: ‘static data collection form’ means a form developed by [insert name of CB] for the purpose of registering applicants for TARGET2-[insert CB/country reference] services and registering any changes in relation to the provision of such services, ‘suspension’ means the temporary freezing of the rights and obligations of a participant for a period of time to be determined by the [insert name of CB],
French: «TARGET2»
Spanish: «tipo marginal de crédito»
Portuguese: «Target CUG» [Target Closed User Group (CUG)] um subconjunto dos clientes do fornecedor do serviço de rede agrupados para efeitos de utilização dos serviços e produtos do fornecedor do serviço de rede relevantes ao acederem ao MP;
Hungarian: „törzsadatgyűjtési formanyomtatvány”: a(z) [a KB neve beillesztendő] által kidolgozott formanyomtatvány a TARGET2-[a KB neve/országhivatkozás beillesztendő] szolgáltatásai kérelmezőinek és az ilyen szolgáltatások nyújtásával kapcsolatos változások nyilvántartására,
English: ‘TARGET2-[insert CB/country reference]’ means the TARGET2 component system of [insert CB name], ‘TARGET2’ means the entirety resulting from all TARGET2 component systems of the CBs,
Spanish: el tipo de interés aplicable a la facilidad marginal de crédito;
Portuguese: «TARGET2-[inserir referência do BC/país]» (TARGET2-[insert CB/country reference]): o sistema componente do TARGET2 do [inserir nome do BC];
English: ‘technical malfunction of TARGET2’ means any difficulty, defect or failure in the technical infrastructure and/or the computer systems used by TARGET2-[insert CB/country reference], or any other event that makes it impossible to execute and complete the same-day processing of payments in TARGET2-[insert CB/country reference], ‘User Detailed Functional Specifications (UDFS)’ means the most up-to-date version of the UDFS, which is the technical documentation that details how a participant interacts with TARGET2.
French: Article 2
Spanish: la entidad que: a) posee un código de identificación bancaria (BIC); b) no está reconocida como participante indirecto, y c) es un corresponsal o cliente de un participante directo, o una sucursal de un participante directo o indirecto, y puede cursar órdenes de pago a un sistema integrante de TARGET2, y recibir pagos de él, por intermedio del participante directo.
Hungarian: „végrehajtási esemény”: az AL-csoport tagja tekintetében bekövetkező: a) a 34. cikk (1) bekezdésében említett bármely nemteljesítési esemény; b) bármely más nemteljesítési esemény vagy a 34. cikk (2) bekezdésében nem említett esemény, amellyel kapcsolatban [a KB neve beillesztendő] a nemteljesítési esemény vagy más esemény súlyosságára figyelemmel úgy határozott, hogy [adott esetben beillesztendő: [zálogjogot kell érvényesíteni a 25b. cikkel összhangban] [biztosítékot kell érvényesíteni a 25c. cikkel összhangban] és] a követeléseket be kell számítani a 26. cikkel összhangban; vagy c) a napközbeni hitelhez való hozzáférés felfüggesztésére vagy megszüntetésére vonatkozó határozat.
English: PM accounts and their sub-accounts shall be interest free, unless they are used to hold minimum reserves. In such a case, the calculation and payment of the remuneration of holdings of minimum reserves shall be governed by Council Regulation (EC) No 2531/98 of 23 November 1998 concerning the application of minimum reserves by the European Central Bank [9] and Regulation (EC) No 1745/2003 of the European Central Bank of 12 September 2003 on the application of minimum reserves (ECB/2003/9) [10].
Spanish: Las cuentas del módulo de pagos y sus subcuentas no serán remuneradas salvo que se utilicen para mantener reservas mínimas, en cuyo caso, el cálculo y pago de la remuneración de las tenencias de reservas mínimas se regirá por el Reglamento (CE) no 2531/98 del Consejo, de 23 de noviembre de 1998, relativo a la aplicación de las reservas mínimas por el Banco Central Europeo [9] y el Reglamento BCE/2003/9, de 12 de septiembre de 2003, relativo a la aplicación de las reservas mínimas [10].
English: A CAI group may also include PM accounts which are included in an AL group. In such a case, all the PM accounts of the AL group shall form part of the CAI group.
Spanish: El grupo IC podrá también comprender cuentas del módulo de pagos incluidas en un grupo AL, en cuyo caso, todas las cuentas del módulo de pagos del grupo AL formarán parte del grupo IC.
Slovak: CAI skupina môže tiež zahŕňať PM účty, ktoré sú zahrnuté v skupine AL. V takom prípade sú všetky PM účty skupiny AL súčasťou CAI skupiny.
Polish: Grupa CAI może także obejmować rachunki w PM wchodzące w skład grupy AL. W takim przypadku wszystkie rachunki w PM grupy AL stanowią część grupy CAI.
English: If a participant’s connection to the network service provider fails, the participant shall use the alternative means of transmission of messages laid down in Appendix IV. In such cases, the saved or printed version of the message produced by the [insert name of CB] shall have the same evidential value as the original message, regardless of its form.
Spanish: Si falla la conexión de un participante al proveedor del servicio de red, el participante utilizará los medios alternativos de transmisión de mensajes que se establecen en el apéndice IV, en cuyo caso, la versión archivada o impresa del mensaje producida por [insértese el nombre del banco central] tendrá la misma fuerza probatoria que el mensaje original, independientemente de su forma.
English: The [insert name of CB] shall have [insert reference to a collateralisation technique under the applicable legal system] over the balance on a participant’s sub-account opened for the settlement of ancillary system-related payment instructions under the arrangements between the relevant ancillary system and its CB. Such balance shall collateralise the participant’s obligation referred to in paragraph 7 towards the [insert name of CB] in relation to such settlement.
Spanish: [Insértese el nombre del banco central] tendrá [insértese la referencia a la forma de la garantía conforme a la ley aplicable] sobre el saldo de las subcuentas del participante abiertas para la liquidación de instrucciones de pago de sistemas vinculados conforme a los acuerdos entre el sistema vinculado correspondiente y su banco central, en garantía del cumplimiento de la obligación del participante frente a [insértese el nombre del banco central] a la que se refiere el apartado 7 en relación con esa liquidación.
English: OJ L 177, 30.6.2006, p. 1. [4] Commission Regulation (EC) No 2238/2004 of 29 December 2004 amending Regulation (EC) No 1725/2003 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council, as regards IASs IFRS 1, IASs Nos 1 to 10, 12 to 17, 19 to 24, 27 to 38, 40 and 41 and SIC Nos 1 to 7, 11 to 14, 18 to 27 and 30 to 33 (OJ L 394, 31.12.2004, p. 1).
Spanish: Reglamento (CE) no 2238/2004 de la Comisión, de 29 de diciembre de 2004, que modifica el Reglamento (CE) no 1725/2003 por el que se adoptan determinadas Normas Internacionales de Contabilidad, de conformidad con el Reglamento (CE) no 1606/2002 del Parlamento Europeo y del Consejo, en lo relativo a la NIIF 1, a las NIC números 1 a 10, 12 a 17, 19 a 24, 27 a 38, 40 y 41 y a las SIC números 1 a 7, 11 a 14, 18 a 27, 30 a 33 (DO L 394 de 31.12.2004, p. 1).
English: By way of derogation, the Governing Council may decide to exempt, by means of a reasoned prior decision, certain eligible central counterparties (CCPs) from the prohibition on overnight credit extension. Such eligible CCPs are those that, at all relevant times:
Spanish: No obstante, el Consejo de Gobierno podrá, previa decisión motivada, excluir de la prohibición de acceso a crédito a un día a las entidades de contrapartida central que cumplan lo siguiente en el momento pertinente: las entidades de contrapartida central cualificadas serán aquellas que en cada momento:
English: By derogation from paragraph 13, in urgent circumstances a euro area NCB may suspend a Eurosystem monetary policy counterparty’s access to intraday credit with immediate effect. In such cases the euro area NCB concerned shall immediately notify the ECB thereof in writing.
Spanish: Sin perjuicio de lo dispuesto en el apartado 13, en caso de urgencia un BCN participante podrá suspender con efecto inmediato el acceso al crédito intradía de una entidad de contrapartida en las operaciones de política monetaria del Eurosistema, en cuyo caso lo notificará por escrito sin demora al BCE.
English: Instructing participant may also use the Latest Debit Time Indicator solely as a warning indicator. In such cases, the payment order concerned shall not be returned.’.
Spanish: El participante ordenante podrá también utilizar el indicador del momento límite de adeudo a los solos fines de alerta, en cuyo caso la orden de pago correspondiente no se devolverá.».
English: If a participant’s connection fails, the participant shall use the alternative means of transmission of messages laid down in Appendix IV to Annex II. In such cases, the saved or printed version of the message produced by the [insert name of CB] shall be accepted as evidence.’.
Spanish: Si falla la conexión de un participante al proveedor del servicio de red, el participante utilizará los medios alternativos de transmisión de mensajes que se establecen en el apéndice IV del anexo II, en cuyo caso, la versión archivada o impresa del mensaje producida por [insértese el nombre del BC] se aceptará como prueba.».
English: ‘CAI group’ means a group composed of TARGET2 participants that use the CAI mode, ‘CAI group manager’ means a CAI group member appointed by the other members of the CAI group to monitor and distribute the available liquidity within the CAI group during the business day,
Hungarian: jogosult [a 2004/39/EK irányelv I. melléklete A. szakaszának 2., 3., 6. és 7. tételét végrehajtó nemzeti jogszabályi rendelkezések beillesztendők] alatt említett tevékenységek végzésére,
Estonian: „haldav RKP” (managing NCB)
Lithuanian: gavėjas ( payee) –
English: ‘connected NCB’ means a national central bank (NCB), other than a Eurosystem CB, which is connected to TARGET2 pursuant to a specific agreement, ‘Contingency Module’ means the SSP module enabling the processing of critical and very critical payments in contingency situations,
Italian: per «CUG di TARGET2» (TARGET2 CUG) si intende un insieme di clienti del fornitore dei servizi di rete i quali sono raggruppati ai fini dell’utilizzo dei servizi e prodotti offerti dal suddetto fornitore per l’accesso al PM,
Swedish: deltagarens deltagande i ett annat delsystem i TARGET2 och/eller i ett anslutet system har avstängts eller sagts upp,
Finnish: ’CAI-toimintatavalla’ (CAI mode) konsolidoitujen PM-tilitietojen toimittamista ICM:n välityksellä,
Estonian: „investeerimisühing” (investment firm)
English: a composition of credit institutions included in the consolidated financial statements of a parent company where the parent company is obliged to present consolidated financial statements under International Accounting Standard 27 (IAS 27), adopted pursuant to Commission Regulation (EC) No 2238/2004 [4] and consisting of either: (i) a parent company and one or more subsidiaries; or (ii) two or more subsidiaries of a parent company; or (b) a composition of credit institutions as referred to in subparagraph (a)(i) or (ii), where a parent company does not present consolidated financial statements in accordance with IAS 27, but may be able to satisfy the criteria defined in IAS 27 for inclusion in consolidated financial statements, subject to the verification of the CB of the direct participant or, in the case of an AL group, the managing NCB;
Estonian: „päevasisene laen” (intraday credit)
English: Such accounts may be offered by the ASCB as an option for settlement procedures 2 and 3. Separate technical accounts shall be opened in respect of settlement procedures 4 and 5. The balance on technical accounts shall be zero or positive at the end of the relevant ancillary system’s settlement process and the end-of-day balance shall be zero. Technical accounts shall be identified by means of the relevant ancillary system’s BIC.
Estonian: Kui kõrvalsüsteemi keskpank pakub liidesühendusega mudeli osas arvelduskorda nr 4, 5 või 6, avab ta asjaomastele kõrvasüsteemidele oma TARGET2 osasüsteemis tehnilised kontod.
English: Mirror accounts are specific PM accounts held by the ASCB in its TARGET2 component system for use by the ancillary system. Mirror accounts are identified by the relevant ASCB’s BIC.
Estonian: Arvelduskorra nr 4 ja 5 jaoks tuleb avada eraldi tehnilised kontod.
English: When offering settlement procedure 4 or 5, an ASCB may open a guarantee fund account in its TARGET2 component system for ASs. The balances of these accounts shall be used to settle the ancillary system’s payment instructions in the event that there is no available liquidity on the settlement bank’s PM account.
Estonian: Tehniliste kontode jääk peab vastava kõrvalsüsteemi arvelduskorra lõpetamisel olema null või positiivne ning päevalõpujääk peab olema null.
English: Guarantee fund account holders may be ASCBs, ASs or guarantors. Guarantee fund accounts are identified by the relevant accounts holder’s BIC.
Estonian: Tehnilised kontod tuvastatakse vastava kõrvalsüsteemi BICi abil.
English: Settlement procedure 6 — Dedicated liquidity and cross-system settlement (1) Settlement procedure 6 can be used for both the interfaced and the integrated model, as described in subparagraphs 4 to 13 and 14 to 18 below, respectively.
Estonian: Arvelduskord nr 6.
English: In the case of the integrated model, the relevant ancillary system has to use a mirror account to collect the necessary liquidity set aside by its settlement banks. In the case of the interfaced model, the settlement bank has to open at least one sub-account relating to a specific ancillary system.
Estonian: Eraldatud likviidsus ja süsteemidevaheline arveldus
English: Cross-system settlement shall be offered for both daytime and night-time processing under settlement procedure 6. The possibility to execute cross-system settlement between two individual ASs shall be recorded in the Static Data (Management) Module. (A) Interfaced model
Estonian: Kõrvalsüsteem saab süsteemidevahelise arvelduse algatada ainult oma töötlustsüklis ning arvelduskord nr 6 peab maksekorralduse kõrvalsüsteemi jõudmisel töötama.
English: enabling a settlement bank to pre-fund its prospective settlement obligation through liquidity transfers from its PM account into its sub-account (hereinafter ‘dedicated liquidity’) prior to the ancillary system processing; and (b) settling the ancillary system’s payment instructions subsequent to the completion of the ancillary system processing: in relation to short settlement banks by debiting their sub-accounts (within the limits of the funds provided on such account) and crediting the ancillary system’s technical account and in relation to long settlement banks by crediting their sub-accounts and debiting the ancillary system’s technical account.
Estonian: A. Liidesühendusega mudel
English: If there are several standing orders to credit different sub-accounts, they shall be settled in the order of their amount, starting with the highest. During night-time ancillary system operations, if there are standing orders for which there are insufficient funds on the PM account, such orders shall be settled following a pro-rata reduction of all orders;
Estonian: Pärast seda arvestatakse vastavate kontode debiteerimisi ja krediteerimisi uue tööpäeva väärtuses.
English: When offering settlement procedure 6 for integrated models, the ASCBs and SCBs shall support such settlement. In the event that settlement procedure 6 is used for the integrated model during daytime processing, only limited functionality is offered.
Portuguese: Ao oferecer o procedimento de liquidação n.o 6 para modelos integrados, BCSP e os BCL apoiarão tal liquidação.
Swedish: När avvecklingsförfarande 6 tillhandahålls för integrerade modeller, ska ASCB och SCB stödja sådan avveckling.
Polish: Banki centralne systemów zewnętrznych i rozrachunkowe banki centralne oferujące procedurę rozrachunkową 6 dla modeli zintegrowanych obsługują taki rozrachunek.
Estonian: Arveldavad keskpangad ja kõrvalsüsteemi keskpangad, kes pakuvad arvelduskorda nr 6 integreeritud mudeli jaoks, peavad toetama vastavat arveldust.
English: Under settlement procedure 6 and with regard to the integrated model, the ASCBs and SCBs shall offer the following types of liquidity transfer service into a mirror account: (a) standing orders (for daytime processing and for night-time ancillary system operations), which settlement banks may submit or modify at any time during a business day via the ICM (when it is available). Standing orders submitted after the sending of the ‘start-of-procedure’ message on a given business day shall be valid only for the next business day. If there are several standing orders, they shall be settled in the order of their amount, starting with the highest. If a standing order for daytime processing is not covered, it will be rejected. During night-time ancillary system operations, if there are standing orders for which there are insufficient funds on the PM account, such orders shall be settled following a pro-rata reduction of all orders;
Estonian: Kui arvelduskorda nr 6 kasutatakse integreeritud mudeli jaoks päevasel arveldusperioodil, pakutakse ainult piiratud võimalusi.