natgillin/translations-raw huggingface dataset:
Et investeringsselskabs hjemland kan beslutte, at investeringsselskaber, der er etableret på dets område, og som omsætter mindst 80 % af deres andele på en eller flere børser, som er anført i vedtægterne, ikke er forpligtede til at have en depositar som omhandlet i dette direktiv på den betingelse, at de nævnte andele noteres officielt på fondsbørserne i de medlemsstater, på hvis område andelene markedsføres samt på betingelse af, at transaktioner, der foretages af et sådant investeringsselskab uden for børsen, kun finder sted til børskursen.
An investment company’s home Member State may decide that investment companies established on its territory which market at least 80 % of their units through one or more stock exchanges designated in their instruments of incorporation are not required to have depositaries within the meaning of this Directive provided that their units are admitted to official listing on the stock exchanges of those Member States within the territories of which the units are marketed, and that any transactions which such an investment company may effect outwith stock exchanges are effected at stock exchange prices only.
I et investeringsselskabs vedtægter angives den børs i omsætningslandet, hvis notering er bestemmende for prisen for de transaktioner, der uden for børsen foretages af dette investeringsselskab i det pågældende land.
The instruments of incorporation of an investment company shall specify the stock exchange in the country of marketing the prices on which shall determine the prices at which that investment company will effect any transactions outwith stock exchanges in that country.
En medlemsstat benytter sig kun af den i første afsnit omhandlede undtagelse, hvis den finder, at deltagerne nyder en beskyttelse, der svarer til den, som deltagerne i investeringsinstitutter, der har depositarer som omhandlet i dette direktiv, nyder.
A Member State shall avail itself of the derogation provided for in the first subparagraph only if it considers that unit-holders have protection equivalent to that of unit-holders in UCITS which have depositaries within the meaning of this Directive.
Investeringsselskaber nævnt i dette stykke og i stk. 4 skal især:
Investment companies referred to in this paragraph and in paragraph 4, shall, in particular:
i deres vedtægter anføre beregningsmåden for nettoværdien af andelene, medmindre dette er anført i national lovgivning
in the absence of national law to this effect, state in their instruments of incorporation the methods of calculation of the net asset values of their units;
intervenere på markedet for at undgå, at børsværdien af deres andele afviger mere en 5 % fra nettoværdien af disse andele
intervene on the market to prevent the stock exchange values of their units from deviating by more than 5 % from their net asset values;
fastsætte nettoværdien af andelene, meddele de kompetente myndigheder den mindst to gange om ugen og offentliggøre den to gange om måneden.
establish the net asset values of their units, communicate them to the competent authorities at least twice a week and publish them twice a month.
En uafhængig revisor sikrer sig mindst to gange om måneden, at beregningen af andelenes værdi sker i overensstemmelse med loven og investeringsselskabets vedtægter.
At least twice a month, an independent auditor shall ensure that the calculation of the value of units is effected in accordance with the law and the instruments of incorporation of the investment company.
Ved samme lejlighed sikrer revisoren, at investeringsselskabets aktiver investeres i overensstemmelse med loven og investeringsselskabets vedtægter.
On such occasions, the auditor shall ensure that the investment company’s assets are invested in accordance with the rules laid down by law and the instruments of incorporation of the investment company.
Medlemsstaterne underretter Kommissionen om, hvilke investeringsselskaber der er omfattet af de i stk. 4 og 5 omhandlede undtagelser.
Member States shall inform the Commission of the identities of the investment companies benefiting from the derogations provided for in paragraphs 4 and 5.
Depositaren skal enten have vedtægtsmæssigt hjemsted eller være etableret i samme medlemsstat, hvor investeringsselskabet har sit.
A depositary shall either have its registered office or be established in the same Member State as that of the investment company.
Depositaren gør det muligt for de kompetente myndigheder i investeringsinstituttets hjemland efter anmodning at indhente alle oplysninger, som depositaren har indhentet under udførelsen af sine opgaver, og som er nødvendige for de kompetente myndigheders kontrol af investeringsinstituttets overholdelse af dette direktiv.
The depositary shall enable the competent authorities of the UCITS home Member State to obtain, on request, all information that the depositary has obtained while discharging its duties and that is necessary for the competent authorities to supervise compliance of the UCITS with this Directive.
Hvor administrationsselskabets hjemland ikke er investeringsinstituttets hjemland, skal depositaren underskrive en skriftlig aftale med administrationsselskabet om regulering af den informationsudveksling, der er nødvendig for at denne kan udføre de funktioner, som anført i artikel 32 og i andre love, regler eller administrative bestemmelser, som er relevante for depositarer i investeringsinstituttets hjemland.
Where the management company’s home Member State is not the UCITS home Member State, the depositary shall sign a written agreement with the management company regulating the flow of information deemed necessary to allow it to perform the functions set out in Article 32 and in other laws, regulations or administrative provisions which are relevant for depositaries in the UCITS home Member State.
Depositaren er i henhold til den nationale lovgivning i investeringsselskabets hjemland ansvarlig over for administrationsselskabet og deltagerne for ethvert tab, disse måtte lide som følge af retsstridig, manglende eller mangelfuld opfyldelse af depositarens forpligtelser.
A depositary shall, in accordance with the national law of the investment company’s home Member State, be liable to the investment company and the unit-holders for any loss suffered by them as a result of its unjustifiable failure to perform its obligations, or its improper performance of them.
Virksomhed som både investeringsselskab og depositar må ikke udøves af samme selskab.
No company shall act as both investment company and depositary.
Under varetagelsen af sit hverv handler depositaren udelukkende i deltagernes interesse.
In carrying out its role as depositary, the depositary shall act solely in the interests of the unit-holders.
Det fastsættes ved lov eller i investeringsselskabets vedtægter, på hvilke betingelser udskiftning af depositaren kan finde sted, og hvorledes deltagerne skal beskyttes ved en sådan udskiftning.
The law or the instruments of incorporation of the investment company shall lay down the conditions for the replacement of the depositary and rules to ensure the protection of unit-holders in the event of such replacement.
FUSIONER AF INVESTERINGSINSTITUTTER
MERGERS OF UCITS
Princip, tilladelse og godkendelse
Principle, authorisation and approval
Med henblik på dette kapitel omfatter et investeringsinstitut også investeringsafdelinger heraf.
For the purposes of this Chapter, a UCITS shall include investment compartments thereof.
På de i dette kapitel fastsatte betingelser og uanset hvordan investeringsinstitutterne er oprettet, jf. artikel 1, stk. 3, tillader medlemsstaterne grænseoverskridende fusioner og nationale fusioner som defineret i artikel 2, stk. 1, litra q) og r), i henhold til en eller flere af fusionsteknikkerne foreskrevet i artikel 2, stk. 1, litra p).
Member States shall, subject to the conditions set out in this Chapter and irrespective of the manner in which UCITS are constituted under Article 1(3), allow for cross-border and domestic mergers as defined in Article 2(1)(q) and (r) in accordance with one or more of the merger techniques provided for in Article 2(1)(p).
Fusionsteknikkerne, der benyttes ved grænseoverskridende fusioner som defineret i artikel 2, stk. 1, litra q), skal være i overensstemmelse med lovgivningen i det ophørende investeringsinstituts hjemland.
The merger techniques used for cross-border mergers as defined in Article 2(1)(q) must be provided for under the laws of the merging UCITS home Member State.
Fusionsteknikkerne, der benyttes ved nationale fusioner som defineret i artikel 2, stk. 1, litra r), skal kunne anvendes i henhold til lovgivningen i den medlemsstat, hvor investeringsinstituttet er etableret.
The merger techniques used for domestic mergers as defined in Article 2(1)(r) must be provided for under the laws of the Member State, in which the UCITS are established.
Fusioner må først gennemføres efter forudgående tilladelse fra de kompetente myndigheder i det ophørende investeringsinstituts hjemland.
Mergers shall be subject to prior authorisation by the competent authorities of the merging UCITS home Member State.
Det ophørende investeringsinstitut forelægger de kompetente myndigheder i sit hjemland følgende oplysninger:
The merging UCITS shall provide the following information to the competent authorities of its home Member State:
et fælles udkast til fusionsplan som godkendt af det ophørende og det fortsættende investeringsinstitut
the common draft terms of the proposed merger duly approved by the merging UCITS and the receiving UCITS;
en ajourført udgave af det fortsættende investeringsinstituts prospekt og den i artikel 78 nævnte centrale investorinformation, såfremt investeringsinstituttet er etableret i en anden medlemsstat
an up-to-date version of the prospectus and the key investor information, referred to in Article 78, of the receiving UCITS, if established in another Member State;
en erklæring udstedt af både det ophørende og det fortsættende investeringsinstituts depositarer, hvori de bekræfter, at de i henhold til artikel 41 har kontrolleret oplysningerne, der er fastsat i artikel 40, stk. 1, litra a), f) og g), med dette direktivs krav, og at de har kontrolleret deres respektive investeringsinstitutters fondsbestemmelser og vedtægter, og
a statement by each of the depositaries of the merging and the receiving UCITS confirming that, in accordance with Article 41, they have verified compliance of the particulars set out in points (a), (f) and (g) of Article 40(1) with the requirements of this Directive and the fund rules or instruments of incorporation of their respective UCITS; and
de oplysninger om den påtænkte fusion, som det ophørende og det fortsættende investeringsinstitut agter at udlevere til sine respektive deltagere.
the information on the proposed merger that the merging and the receiving UCITS intend to provide to their respective unit-holders.
Denne information skal udleveres på en sådan måde, at det er muligt for de kompetente myndigheder i både det ophørende og det fortsættende investeringsinstituts hjemland at læse den på det eller et af de officielle sprog i den medlemsstat eller disse medlemsstater eller på et sprog, som er godkendt af disse kompetente myndigheder.
That information shall be provided in such a manner as to enable the competent authorities of both the merging and the receiving UCITS home Member State to read them in the official language or one of the official languages of that Member State or those Member States, or in a language approved by those competent authorities.
Når ansøgningen er komplet skal de kompetente myndigheder i det ophørende investeringsinstituts hjemland straks videregive kopier af den information, der henvises til i stk. 2, til de kompetente myndigheder i det fortsættende investeringsinstituts hjemland.
Once the file is complete, the competent authorities of the merging UCITS home Member State shall immediately transmit copies of the information referred to in paragraph 2 to the competent authorities of the receiving UCITS home Member State.
De kompetente myndigheder i det ophørende og det fortsættende investeringsinstituts hjemland undersøger hver især de potentielle konsekvenser af den påtænkte fusion for det ophørende og det fortsættende investeringsinstituts deltagere for at vurdere, om der udleveres passende oplysninger til deltagerne.
The competent authorities of the merging and the receiving UCITS home Member State shall, respectively, consider the potential impact of the proposed merger on unit-holders of the merging and the receiving UCITS to assess whether appropriate information is being provided to unit-holders.
Hvis de kompetente myndigheder i det ophørende investeringsinstituts hjemland finder det nødvendigt, kan de forlange en skriftlig præcisering af oplysningerne til deltagerne i det ophørende investeringsinstitut.
If the competent authorities of the merging UCITS home Member State consider it necessary, they may require, in writing, that the information to unit-holders of the merging UCITS be clarified.
Hvis de kompetente myndigheder i det fortsættende investeringsinstituts hjemland finder det nødvendigt, kan de skriftligt og senest 15 arbejdsdage efter modtagelsen af kopierne af de fuldstændige oplysninger, der henvises til i stk. 2, forlange, at oplysningerne til deltagerne i det fortsættende investeringsinstitut ændres af det fortsættende investeringsinstitut.
If the competent authorities of the receiving UCITS home Member State consider it necessary, they may require, in writing, and no later than 15 working days of receipt of the copies of the complete information referred to in paragraph 2, that the receiving UCITS modify the information to be provided to its unit-holders.
I dette tilfælde sender de kompetente myndigheder i det forsættende investeringsinstitut en indikation af deres utilfredshed til de kompetente myndigheder i det ophørende investeringsinstituts hjemland.
In such a case, the competent authorities of the receiving UCITS home Member State shall send an indication of their dissatisfaction to the competent authorities of the merging UCITS home Member State.
De underretter de kompetente myndigheder i det ophørende investeringsinstituts hjemland, hvorvidt de er tilfredse med de ændrede oplysninger, der skal udleveres til deltagerne i det fortsættende investeringsinstitut, inden for 20 arbejdsdage efter at være blevet informeret om det.
They shall inform the competent authorities of the merging UCITS home Member State whether they are satisfied with the modified information to be provided to the unit-holders of the receiving UCITS within 20 working days of being notified thereof.
De kompetente myndigheder i det ophørende investeringsinstituts hjemland godkender den påtænkte fusion, hvis følgende betingelser er opfyldt:
The competent authorities of the merging UCITS home Member State shall authorise the proposed merger if the following conditions are met:
den påtænkte fusion overholder samtlige betingelser i artikel 39-42
the proposed merger complies with all of the requirements of Articles 39 to 42;
det fortsættende investeringsinstitut har i overensstemmelse med artikel 93 anmeldt markedsføringen af sine andele i alle de medlemsstater, hvor det ophørende investeringsinstitut enten er godkendt eller har anmeldt markedsføringen af sine andele i overensstemmelse med artikel 93, og
the receiving UCITS has been notified, in accordance with Article 93, to market its units in all Member States where the merging UCITS is either authorised or has been notified to market its units in accordance with Article 93; and
de kompetente myndigheder i de ophørende og fortsættende investeringsinstitutters hjemlande er tilfredse med de oplysninger, der foreslås udleveret til deltagerne, eller også er der under stk. 3, fjerde afsnit, ikke modtaget nogen indikation af utilfredshed fra de kompetente myndigheder i det fortsættende investeringsinstituts hjemland.
the competent authorities of the merging and the receiving UCITS home Member State are satisfied with the proposed information to be provided to unit-holders, or no indication of dissatisfaction from the competent authorities of the receiving UCITS home Member State has been received under the fourth subparagraph of paragraph 3.
Hvis de kompetente myndigheder i det ophørende investeringsinstituts hjemland mener, at ansøgningen ikke er komplet, anmoder de om yderligere oplysninger senest 10 dage efter modtagelsen af de oplysninger, der henvises til i stk. 2.
If the competent authorities of the merging UCITS home Member State consider that the file is not complete, they shall request additional information within 10 working days of receiving the information referred to in paragraph 2.
De kompetente myndigheder i det ophørende investeringsinstituts hjemland underretter inden for 20 arbejdsdage efter modtagelsen af de komplette oplysninger, jf. stk. 2, det ophørende investeringsinstitut om, hvorvidt fusionen er blevet godkendt eller ej.
The competent authorities of the merging UCITS home Member State shall inform the merging UCITS, within 20 working days of submission of the complete information, in accordance with paragraph 2, whether or not the merger has been authorised.
De kompetente myndigheder i det ophørende investeringsinstituts hjemland underretter også de kompetente myndigheder i det fortsættende investeringsinstituts hjemland om deres afgørelse.
The competent authorities of the merging UCITS home Member State shall also inform the competent authorities of the receiving UCITS home Member State of their decision.
Medlemsstaterne kan i overensstemmelse med artikel 57, stk. 1, andet afsnit, træffe bestemmelse om en undtagelse for artikel 52-55 for det fortsættende investeringsinstitut.
Member States may, in accordance with the second subparagraph of Article 57(1), provide for a derogation from Articles 52 to 55 for receiving UCITS.
Medlemsstaterne kræver, at det ophørende og det fortættende investeringsinstitut udarbejder en fælles fusionsplan.
Member States shall require that the merging and the receiving UCITS draw up common draft terms of merger.
fusionens art og de involverede investeringsinstitutter
an identification of the type of merger and of the UCITS involved;
baggrunden og begrundelsen for den påtænkte fusion
the background to and rationale for the proposed merger;
den forventede virkning af den påtænkte fusion for deltagerne i både det ophørende og det fortsættende investeringsinstitut
the expected impact of the proposed merger on the unit-holders of both the merging and the receiving UCITS;
de valgte kriterier til værdiansættelse af aktiver og eventuelt passiver på den dato for beregning af ombytningsforholdet, der henvises til artikel 47, stk. 1
the criteria adopted for valuation of the assets and, where applicable, the liabilities on the date for calculating the exchange ratio as referred to in Article 47(1);
metoden til beregning af ombytningsforholdet
the calculation method of the exchange ratio;
den planlagte dato for fusionens gennemførelse
the planned effective date of the merger;
de gældende regler henholdsvis for overførsel af aktiver og udveksling af andele, og
the rules applicable, respectively, to the transfer of assets and the exchange of units; and
i tilfælde af en fusion i henhold til artikel 2, stk. 1, litra p), nr. ii), og eventuelt artikel 2, stk. 1, litra p), nr. iii), det nyligt oprettede fortsættende investeringsinstituts fondsbestemmelser eller vedtægter.
in the case of a merger pursuant to point (p)(ii) of Article 2(1) and, where applicable, point (p)(iii) of Article 2(1), the fund rules or instruments of incorporation of the newly constituted receiving UCITS.
De kompetente myndigheder skal ikke kræve, at yderligere oplysninger medtages i den fælles fusionsplan.
The competent authorities shall not require that any additional information is included in the common draft terms of mergers.
Det ophørende og det fortsættende investeringsinstitut kan beslutte at medtage andre oplysninger i den fælles fusionsplan.
The merging UCITS and the receiving UCITS may decide to include further items in the common draft terms of merger.
Tredjepartskontrol, information til deltagerne og andre rettigheder for deltagerne
Third-party control, information of unit-holders and other rights of unit-holders
Medlemsstaterne forlanger, at det ophørende og det fortsættende investeringsinstituts depositarer kontrollerer de oplysninger, der er fastsat i artikel 40, stk. 1, litra a), f) og g), med dette direktivs krav og fondsbestemmelserne eller vedtægterne for deres respektive investeringsinstitutter.
Member States shall require that the depositaries of the merging and of the receiving UCITS verify the conformity of the particulars set out in points (a), (f) and (g) of Article 40(1) with the requirements of this Directive and the fund rules or instruments of incorporation of their respective UCITS.
Lovgivningen i de fortsættende investeringsinstitutters hjemland skal enten delegere en depositar eller en uafhængig revisor, der er godkendt i overensstemmelse med Europa-Parlamentets og Rådets direktiv 2006/43/EF af 17. maj 2006 om lovpligtig revision af årsregnskaber og konsoliderede regnskaber [13], til at validere følgende:a) de valgte kriterier til værdiansættelse af aktiver og eventuelt passiver på den dato for beregning af ombytningsforholdet, der henvises til artikel 47, stk. 1
The law of the merging UCITS home Member States shall entrust either a depositary or an independent auditor, approved in accordance with Directive 2006/43/EC of the European Parliament and of the Council of 17 May 2006 on statutory audits of annual accounts and consolidated accounts [13], to validate the following:(a) the criteria adopted for valuation of the assets and, where applicable, the liabilities on the date for calculating the exchange ratio, as referred to in Article 47(1);
eventuelt det kontante beløb pr. andel, og
where applicable, the cash payment per unit; and
metoden til beregning af ombytningsforholdet såvel som det faktiske ombytningsforhold fastsat på datoen for beregningen af dette forhold i overensstemmelse med artikel 47, stk. 1.
the calculation method of the exchange ratio as well as the actual exchange ratio determined at the date for calculating that ratio, as referred to in Article 47(1).
Det ophørende eller det fortsættende investeringsinstituts lovpligtige revisorer betragtes som uafhængige revisorer med henblik på stk. 1.
The statutory auditors of the merging UCITS or the statutory auditor of the receiving UCITS shall be considered independent auditors for the purposes of paragraph 1.
Der udleveres efter anmodning en gratis kopi af den uafhængige revisors — eller i givet fald depositarens — rapport til deltagerne i både det ophørende og det fortsættende investeringsinstitut og til deres respektive kompetente myndigheder.
A copy of the reports of the independent auditor, or, where applicable, the depositary shall be made available on request and free of charge to the unit-holders of both the merging UCITS and the receiving UCITS and to their respective competent authorities.
Medlemsstaterne kræver, at det/de ophørende og forsættende investeringsinstitut(ter) sender deres respektive deltagere tilstrækkelige og nøjagtige oplysninger, således at disse på et kvalificeret grundlag kan vurdere den påtænkte fusions konsekvenser for deres investering.
Member States shall require merging and receiving UCITS to provide appropriate and accurate information on the proposed merger to their respective unit-holders so as to enable them to make an informed judgement of the impact of the proposal on their investment.
Disse oplysninger udleveres først til både det ophørende og det fortsættende investeringsinstituts deltagere, efter at de kompetente myndigheder i det ophørende investeringsinstituts hjemland har godkendt den påtænkte fusion i overensstemmelse med artikel 39.
That information shall be provided to unit-holders of the merging and of the receiving UCITS only after the competent authorities of the merging UCITS home Member State have authorised the proposed merger under Article 39.