natgillin/translations-raw huggingface dataset:
Når der planlægges et udbud eller en optagelse til handel på et reguleret marked i en eller flere medlemsstater eller i en anden medlemsstat end hjemlandet, er det prospekt, der er godkendt i hjemlandet, samt eventuelle tillæg hertil, gyldigt for udbud til offentligheden eller optagelse til handel i enhver medlemsstat, såfremt
Without prejudice to Article 23, where an offer to the public or admission to trading on a regulated market is provided for in one or more Member States, or in a Member State other than the home Member State, the prospectus approved by the home Member State and any supplements thereto shall be valid for the public offer or the admission to trading in any number of host Member States, provided that
Hvis der efter prospektets godkendelse optræder nye væsentlige omstændigheder, materielle fejl eller ukorrektheder som omhandlet i artikel 16, kræver hjemlandets kompetente myndighed offentliggørelse af et tillæg, der godkendes som omhandlet i artikel 13, stk. 1.
If significant new factors, material mistakes or inaccuracies come to light after approval of the prospectus, as referred to in Article 16, the competent authority of the home Member State shall require the publication of a supplement to be approved in accordance with Article 13(1).
ESMA og medlemsstatens kompetente myndighed kan informere hjemlandets kompetente myndighed om behovet for nye oplysninger.
ESMA and the competent authority of the host Member State may inform the competent authority of the home Member State of the need for new information.
meddelelse om prospektets godkendelsescertifikat samtidig med, at værtslandets kompetente myndighed får meddelelse herom.
the certificate of approval of the prospectus at the same time as it is notified to the competent authority of the host Member State.
for prospekter (herunder også eventuelle tillæg hertil)
of prospectuses (including, if applicable, supplements thereto) which are
, der er meddelt i overensstemmelse med denne artikel, herunder i givet fald et hyperlink til
notified in accordance with this Article, including, if applicable, a hyperlink to
disse poster
these items
Den offentliggjorte liste opdateres løbende,
The published list shall be kept up-to-date and
og hver post
each item
forbliver på netstederne i en periode på mindst 12 måneder.
shall remain on the websites for a period of at least 12 months.
For at sikre ensartet anvendelse af dette direktiv og tage hensyn til den tekniske udvikling på de finansielle markeder kan
In order to ensure uniform application of this Directive and to take account of technical developments on financial markets,
udarbejde udkast til
may develop draft
standarder for at fastlægge
standards to
standardformularer, modeller og procedurer for meddelelse
establish standard forms, templates and procedures
foretages følgende ændringer
is amended as follows:
De kompetente myndigheder skal hurtigst muligt give ESMA alle de oplysninger, der er nødvendige for dets varetagelse af sine opgaver, jf. artikel 20 i forordning (EU) nr. …/2010 [ESMA].
The competent authorities shall without delay provide ESMA with all information necessary to carry out its duties, in accordance with Article 20 of Regulation (EU) No…/2010 [ESMA].
Medlemsstaterne underretter Kommissionen,
Member States shall inform the Commission,
og de kompetente myndigheder i andre medlemsstater om enhver ordning vedrørende uddelegering af opgaver, herunder de nøjagtige betingelser for uddelegeringen.
and the competent authorities of other Member States of any arrangements entered into with regard to delegation of tasks, including the precise conditions regulating such delegation.
I stk. 4 indsættes følgende afsnit:
in paragraph 4, the following subparagraph is added:
Myndigheden kan i medfør af litra d) deltage i kontrolbesøg på stedet, der udføres i fællesskab af to eller flere kompetente myndigheder
The Authority shall be able to participate in on-site inspections under point (d) carried out jointly by two or more competent authorities
I artikel 22 foretages følgende ændringer:
Article 22 is amended as follows:
1 er ikke til hinder for, at de kompetente myndigheder kan udveksle fortrolige oplysninger eller sende fortrolige oplysninger til
Paragraph 1 shall not prevent the competent authorities from exchanging confidential information or from transmitting confidential information to
eller Det Europæiske Udvalg for Systemiske Risici
or the European Systemic Risk Board
Oplysninger udvekslet mellem kompetente myndigheder og
Information exchanged between competent authorities and
eller Det Europæiske Udvalg for Systemiske Risici, omfattes af den tavshedspligt, der påhviler personer, som er eller har været beskæftiget hos de kompetente myndigheder, der modtager de pågældende oplysninger.
or the European Systemic Risk Board shall be covered by the obligation of professional secrecy, to which the persons employed or formerly employed by the competent authorities receiving the information are subject.
konsekvent harmonisering af denne
consistent harmonisation of this Article and
og tage hensyn til den tekniske udvikling på de finansielle markeder
to take account of technical developments on financial markets,
udarbejder ESMA
ESMA shall
reguleringsstandarder i overensstemmelse med artikel 7 til 7d
standards referred to in the first subparagraph in accordance with
Artikel 23 affattes således:
Article 23 is replaced by the following:
Når den kompetente myndighed i værtslandet finder, at udstederen eller de finansielle institutioner med ansvar for udbuddet til offentligheden har begået uregelmæssigheder eller at udstederen ikke har overholdt sine forpligtelser som følge af, at værdipapirerne optages til handel på et reguleret marked, skal den forelægge sagen for hjemlandets kompetente myndighed og ESMA.
Where the competent authority of the host Member State finds that irregularities have been committed by the issuer or by the financial institutions in charge of the public offer or that the issuer has breached its obligations by reason of the fact that securities are admitted to trading on a regulated market, it shall refer those findings to the competent authority of the home Member State and to ESMA.
Hvis udstederen eller den finansielle institution med ansvar for udbuddet til offentligheden på trods af de forholdsregler, som hjemlandets kompetente myndighed har truffet, eller fordi sådanne forholdsregler viser sig utilstrækkelige, fortsat overtræder de pågældende retlige eller administrative bestemmelser, træffer værtslandets kompetente myndighed efter at have underrettet hjemlandets kompetente myndighed og ESMA samtlige passende forholdsregler for at beskytte investorerne og underretter Kommissionen og ESMA herom hurtigst muligt.
If, despite the measures taken by the competent authority of the home Member State or because such measures prove inadequate, the issuer or the financial institution in charge of the public offer persists in breaching the relevant legal or regulatory provisions, the competent authority of the host Member State, after informing the competent authority of the home Member State and ESMA, shall take all appropriate measures in order to protect investors and shall inform the Commission and ESMA thereof at the earliest opportunity.
Artikel 6 Ændringer af direktiv 2004/39/EF
Article 6 Amendments to Directive 2004/39/EC
I direktiv 2004/39/EF foretages følgende ændringer:
Directive 2004/39/EC is amended as follows:
Artikel 2, stk. 3, affattes således:
Article 2(3) is replaced by the following:
For at tage hensyn til udviklingen på de finansielle markeder og sikre en konsekvent harmonisering og ensartet anvendelse af dette direktiv fastlægger Kommissionen, for så vidt angår undtagelsesbestemmelserne i litra c), i), og k), ved hjælp af delegerede retsakter i overensstemmelse med artikel 64, 64a og 64b kriterierne for bestemmelse af, hvornår en aktivitet kan anses for at være accessorisk i forhold til hovederhvervet på koncernniveau, samt hvornår en aktivitet ydes lejlighedsvist.
In order to take account of developments on financial markets and to ensure uniform application of this Directive, the Commission shall, by means of delegated acts in accordance with Articles 64, 64a and 64b, in respect of the exemptions provided for in points (c)(i) and (k), define the criteria for determining when an activity is to be considered as ancillary to the main business on a group level as well as for determining when an activity is provided in an incidental manner.
Artikel 4, stk. 2, affattes således:
Article 4(2) is replaced by the following:
For at tage hensyn til udviklingen på de finansielle markeder og sikre en konsekvent harmonisering og ensartet anvendelse af dette direktiv tydeliggør Kommissionen i form af delegerede retsakter i overensstemmelse med artikel 64, 64a og 64b definitionerne i stk. 1 i denne artikel.
In order to take account of developments on financial markets and to ensure uniform application of this Directive, the Commission shall, by means of delegated acts in accordance with Articles 64, 64a and 64b, clarify the definitions laid down in paragraph 1 of this Article.
Registeret skal være offentligt tilgængeligt og indeholde oplysninger om den investeringsservice eller -virksomhed, investeringsselskabet har tilladelse til at udøve.
The register shall be publicly accessible and shall contain information on the services or activities for which the investment firm is authorised.
Enhver tilladelse meddeles Den Europæiske Værdipapir- og Markedstilsynsmyndighed (ESMA).
Every authorisation shall be notified to the European Securities and Markets Authority (ESMA).
opretter et register over alle investeringsselskaber i
shall establish a list of all investment firms in the
Registeret skal indeholde oplysninger om de tjenesteydelser eller de aktiviteter, som investeringsselskabet har tilladelse til at udøve, og det skal ajourføres regelmæssigt.
The list shall contain information on the services or activities for which the investment firm is authorised and it shall be updated on a regular basis.
offentliggør ▌og ajourfører
shall publish
Når en kompetent myndighed har inddraget en tilladelse i henhold til artikel 8, litra b) til d), vises inddragelsen i registret i en periode på fem år.
Where a competent authority has withdrawn an authorisation in accordance with Article 8(b) to (d), the withdrawal shall be published on the list for a period of five years.
konsekvent harmonisering
consistent harmonisation
a) præcisere, hvilke oplysninger der fremlægges for de kompetente myndigheder, jf. artikel 7, stk. 2, herunder driftsplanen
specify the information to be provided to the competent authorities under Article 7(2) including the programme of operations;
præcisere, hvilke krav der gælder for ledelse af investeringsselskaber, jf. artikel 9, stk. 4, og at præcisere oplysningerne for underretning i henhold til artikel 9, stk. 2
specify the requirements applicable to the management of investment firms under Article 9(4), and the information for the notifications foreseen in Article 9(2);
præcisere, hvilke krav der gælder for aktionærer og selskabsdeltagere, som besidder en kvalificeret andel, samt hvilke gener der forhindrer den kompetente myndighed i effektivt at udøve sit tilsynshverv, jf. artikel 10, stk. 1 og 2.
specify the requirements applicable to shareholders and members with qualifying holdings, as well as obstacles which may prevent effective exercise of the supervisory functions of the competent authority, as foreseen in Article 10(1) and (2).
Myndigheden forelægger de i litra a) og b) nævnte udkast til tekniske reguleringsstandarder for Kommissionen senest den 1. januar 2014.
The Authority shall submit the draft technical regulatory standards referred to in points (a) and (b) to the Commission by 1 January 2014.
Kommissionen tillægges beføjelser til at vedtage de i litra a), b) og c) omhandlede udkast til tekniske reguleringsstandarder i overensstemmelse med artikel 7 til 7d i forordning (EU) nr. …/2010.
Power is delegated to the Commission to adopt the draft regulatory technical standards referred to in points a, b, c in accordance with Articles 7 to 7d of Regulation (EU) No .../2010.
ESMA kan med henblik på at sikre ensartede betingelser for anvendelse af artikel 7, stk. 2 og artikel 9, stk. 2, udarbejde udkast til tekniske gennemførelsesstandarder for at fastsætte standarder for formularer, modeller og procedurer for den indberetning eller fremlæggelse af oplysninger, som er omhandlet i disse artikler.
In order to ensure uniform conditions of application of Article 7(2) and Article 9(2), ESMA may develop draft implementing technical standards to determine standard forms, templates and procedures for the notification or provision of information provided for in those Articles.
Enhver inddragelse af tilladelse skal meddeles til ESMA.
Every withdrawal of authorisation shall be notified to ESMA.
konsekvent harmonisering af
consistent harmonisation
denne artikel udarbejder
of this Article,
udkast til
standards to
reguleringsstandarder for at opstille en udtømmende liste over de oplysninger, som er omhandlet i stk. 4, som påtænkte erhververe skal vedlægge deres indberetning, jf. dog artikel 10a, stk. 2.
establish an exhaustive list of information, referred to in paragraph 4, to be included by proposed acquirers in their notification, without prejudice to Article 10a(2).
Myndigheden forelægger disse udkast til tekniske reguleringsstandarder for Kommissionen senest den 1. januar 2014.
The Authority shall submit those draft regulatory technical standards to the Commission by 1 January 2014.
Kommissionen tillægges beføjelser til at vedtage de i første afsnit omhandlede udkast til reguleringsstandarder i overensstemmelse med artikel 7 til 7d i forordning (EU) nr. …/2010.
Power is delegated to the Commission to adopt the draft regulatory standards referred to in the first subparagraph in accordance with Articles 7 to 7d of Regulation (EU) No .../2010.
For at sikre ensartede anvendelsesbetingelser for artikel 10, 10a og 10b udarbejder EBA udkast til tekniske gennemførelsesstandarder for at fastlægge standardformularer, modeller og procedurer for
In order to ensure uniform conditions of application of Articles 10, 10a and 10b, ESMA shall develop draft implementing technical standards to determine standard forms, templates and procedures for
vedtage de i
adopt the draft
omhandlede udkast til tekniske
technical standards referred to in the
Artikel 10b, stk. 1, andet afsnit, affattes således:
In Article 10b(1), the second subparagraph is replaced by the following:
For at tage hensyn til den fremtidige udvikling og sikre ensartet anvendelse af dette direktiv vedtager Kommissionen ved hjælp af delegerede retsakter i overensstemmelse med artikel 64, 64a og 64b foranstaltninger, som justerer de i første afsnit af dette stykke fastsatte kriterier.
In order to take account of developments on financial markets, and to ensure the uniform application of this Directive, the Commission shall, by means of delegated acts in accordance with Articles 64, 64a and 64b, adopt measures which adjust the criteria set out in the first subparagraph of this paragraph.
Artikel 13, stk. 10, affattes således:
Article 13(10) is replaced by the following:
For at tage hensyn til udviklingen på de finansielle markeder og sikre en ensartet anvendelse af stk. 2 til 9 vedtager Kommissionen i form af delegerede retsakter i overensstemmelse med artikel 64, 64a og 64b gennemførelsesbestemmelser, som præciserer de konkrete organisatoriske krav, der skal opfyldes af investeringsselskaber, der udfører forskellige former for investeringsservice og/eller -aktiviteter og accessoriske tjenesteydelser eller kombinationer heraf.
In order to take account of developments on financial markets, and to ensure the uniform application of paragraph 2 to 9, the Commission shall, by means of delegated acts in accordance with Articles 64, 64a and 64b, adopt implementing measures which specify the concrete organisational requirements to be imposed on investment firms performing different investment services and/or activities and ancillary services or combination thereof.
Artikel 15 ændres således:
Article 15 is amended as follows
Medlemsstaterne underretter Kommissionen og ESMA om alle generelle vanskeligheder, som deres investeringsselskaber møder i forbindelse med etablering, ydelse af investeringsservice og/eller udførelse af investeringsaktiviteter i et tredjeland.
Member States shall inform the Commission and ESMA of any general difficulties which their investment firms encounter in establishing themselves or providing investment services and/or performing investment activities in any third country.
Hvis Kommissionen på grundlag af oplysninger, som den forelægges i henhold til stk. 1, konstaterer, at et tredjeland ikke giver EU-investeringsselskaber en faktisk markedsadgang svarende til den, Unionen giver investeringsselskaber fra dette tredjeland, forelægger den efter vejledning fra ESMA Rådet forslag til et passende forhandlingsmandat med henblik på at opnå tilsvarende konkurrencevilkår for EU-baserede investeringsselskaber.
Whenever it appears to the Commission, on the basis of information submitted to it under paragraph 1, that a third country does not grant Union investment firms effective market access comparable to that granted by the Union to investment firms from that third country, the Commission, taking into account guidance issued by the European Securities and Markets Authority, shall submit proposals to the Council for an appropriate mandate for negotiation with a view to obtaining comparable competitive opportunities for Union investment firms.
Europa-Parlamentet underrettes øjeblikkeligt og i fuldt omfang om alle stadier af proceduren, jf. artikel 217 i TEUF.
The European Parliament shall be immediately and fully informed at all stages of the procedure in accordance with Article 217 TFEU.
Myndigheden bistår Kommissionen i efterlevelsen af denne artikel.
The Authority shall assist the Commission for the purposes of this Article.
I artikel 16, stk. 2, indsættes følgende afsnit:
In Article 16(2), the following subparagraph is added:
Den Europæiske Værdipapir- og Markedstilsynsmyndighed udarbejder retningslinjer for de i denne artikel nævnte overvågningsmetoder.
The European Securities and Markets Authority may develop guidelines regarding the monitoring methods referred to in this Article.
I artikel 18, stk. 3, første afsnit, affattes den indledende tekst således:
In Article 18(3), the introductory part of the first subparagraph is replaced by the following:
For at tage hensyn til den tekniske udvikling på de finansielle markeder og sikre konsekvent harmonisering og ensartet anvendelse af stk. 1 og 2 skal Kommissionen ved hjælp af delegerede retsakter i overensstemmelse med artikel 64, 64a og 64b:
In order to take account of developments on financial markets, and to ensure consistent harmonisation and the uniform application of paragraphs 1 and 2, the Commission shall, by means of delegated acts in accordance with Articles 64, 64a and 64b:
Artikel 19, stk. 6, første led, affattes således:
In Article 19(6), the first indent is replaced by the following:
ovennævnte tjenesteydelser vedrører aktier, der er optaget til handel på et reguleret marked eller på et tilsvarende tredjelandsmarked, pengemarkedsinstrumenter, obligationer og andre gældsinstrumenter (dog undtaget obligationer eller gældsbeviser, som omfatter et afledt instrument), UCITS og andre ikke-komplekse finansielle instrumenter.
the above services relate to shares admitted to trading on a regulated market or in an equivalent third country market, money market instruments, bonds or other forms of securitised debt (excluding those bonds or securitised debt that embed a derivative), UCITS and other non-complex financial instruments.
Kommissionen og ESMA offentliggør på deres websted en liste over de markeder, der anses for at være tilsvarende markeder.
The Commission and ESMA shall publish on their website a list of those markets that are to be considered as equivalent.
Denne liste ajourføres regelmæssigt.
This list shall be updated periodically.
ESMA bistår Kommissionen med at vurdere tredjelandsmarkeder.
ESMA shall assist the Commission in this assessment of third country markets.
I artikel 19, stk. 10, første afsnit, affattes den indledende tekst således:
In Article 19(10), the introductory part of the first subparagraph is replaced by the following:
For at sikre den nødvendige investorbeskyttelse og en ensartet anvendelse af stk. 1 til 8 sikrer Kommissionen i form af delegerede retsakter i overensstemmelse med artikel 64, 64a og 64b, at investeringsselskaberne overholder principperne heri, når de leverer investeringsservice eller accessoriske tjenesteydelser til deres kunder.
In order to ensure the necessary protection of investors and the uniform application of paragraphs 1 to 8, the Commission shall, by means of delegated acts in accordance with Articles 64, 64a and 64b, adopt measures to ensure that investments firms comply with the principles set out therein when providing investment or ancillary services to their clients.
Disse bestemmelser skal tage hensyn til:
Those measures shall take into account:
I artikel 21, stk. 6, første afsnit, affattes den indledende tekst således:
In Article 21(6), the introductory part of the first subparagraph is replaced by the following:
For at sikre den for investorerne nødvendige beskyttelse, redelige og velfungerende markeder og en ensartet anvendelse af stk. 1, 3 og 4 vedtager Kommissionen i form af delegerede retsakter i overensstemmelse med artikel 64, 64a og 64b bestemmelser vedrørende:
In order to ensure the protection necessary to investors, the fair and orderly functioning of markets, and to ensure the uniform application of paragraphs 1, 3 and 4, the Commission shall, by means of delegated acts in accordance with Articles 64, 64a and 64b, adopt measures concerning:
I artikel 22, stk. 3, første afsnit, affattes den indledende tekst således:
In Article 22(3), the introductory part of the first subparagraph is replaced by the following:
For at sikre, at foranstaltninger til beskyttelse af investorer og til sikring af, at markederne fungerer redeligt og ordnet, tager hensyn til den tekniske udvikling på de finansielle markeder, og for at sikre en konsekvent harmonisering og ensartet anvendelse af stk. 1 og 2 vedtager Kommissionen i form af delegerede retsakter i overensstemmelse med artikel 64, 64a og 64b bestemmelser, som fastlægger:
In order to ensure that measures for the protection of investors and fair and orderly functioning of markets take account of technical developments in financial markets, and to ensure the uniform application of paragraphs 1 and 2, the Commission shall, by means of delegated acts in accordance with Articles 64, 64a and 64b, adopt measures which define:
Artikel 23, stk. 3, første afsnit, affattes således:
In Article 23(3), the first subparagraph is replaced by the following:
Medlemsstater, der beslutter at tillade investeringsfirmaer at udpege tilknyttede agenter, opretter et offentligt register.
Member States that decide to allow investment firms to appoint tied agents shall establish a public register.
Tilknyttede agenter registreres i det offentlige register i den medlemsstat, hvor de er etablerede.
Tied agents shall be registered in the public register in the Member State where they are established.
ESMA offentliggør på sit websted henvisninger/hyperlinks til de offentlige registre, der er oprettet i medfør af denne artikel af medlemsstater, der beslutter at tillade investeringsselskaber at udpege tilknyttede agenter.
ESMA shall publish on its website references/hyperlinks to the public registers established under this Article by the Member States that decide to allow investment firms to appoint tied agents.
I artikel 24, stk. 5, første afsnit, affattes den indledende tekst således:
In Article 24(5), the introductory part of the first subparagraph is replaced by the following: