natgillin/translations-raw huggingface dataset:
hvor deltagerens positive saldo på dennes PM-konto eller alle eller en væsentlig del af deltagerens aktiver er indefrosset, omfattet af arrest eller udlæg eller af nogen anden foranstaltning, som har til formål at beskytte offentlige interesser eller deltagerens kreditorer
where the participant’s credit balance on its PM account or all or a substantial part of the participant’s assets are subject to a freezing order, attachment, seizure or any other procedure that is intended to protect the public interest or the rights of the participant’s creditors;
hvor deltagerens deltagelse i et andet TARGET2-delsystem og/eller i et afviklingssystem er blevet suspenderet eller ophævet
where participation of the participant in another TARGET2 component system and/or in an ancillary system has been suspended or terminated;
hvor en tilsikring eller en erklæring, som er afgivet af deltageren før kontraktindgåelsen eller efter gældende lov anses at være afgivet af deltageren, er ukorrekt eller usand, eller
where any material representation or pre-contractual statement made by the participant or which is implied to have been made by the participant under the applicable law is incorrect or untrue;
»national centralbank inden for euroområdet (euro area NCB)«: en national centralbank i en medlemsstat, der har euroen som valuta
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], ‘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,
Når en filial af et kreditinstitut har fået adgang som direkte deltager, har de andre filialer af samme juridiske enhed og/eller dens hovedkontor — i begge tilfælde forudsat at de er etableret i EØS — adgang til filialens PM-konto, såfremt den har underrettet [indsæt centralbankens navn] herom.
Where a branch of a credit institution has been admitted as a direct participant, the other branches of the same legal entity and/or its head office, in both cases provided that they are established in the EEA, may access the branch’s PM account, provided that it has informed the [insert name of CB].
TARGET2-[indsæt centralbank/landereference] skal godkende indirekte deltagere ved registrering af en sådan indirekte deltagelse i TARGET2-registret, som dette er beskrevet i artikel 9.
TARGET2-[insert CB/country reference] shall recognise indirect participants by registering such indirect participation in the TARGET2 directory, the latter as described in Article 9.
Når en direkte deltager, som er et kreditinstitut som defineret i artikel 4, stk. 1, litra a) eller b), og en indirekte deltager tilhører samme gruppe, kan den direkte deltager udtrykkeligt give den indirekte deltager ret til at benytte den direkte deltagers PM-konto til direkte at afgive betalingsordrer og/eller modtage betalinger ved hjælp af grupperelateret multi-adressat-adgang.
Where a direct participant, which is a credit institution within the meaning of Article 4(1)(a) or (b), and an indirect participant belong to the same group, the direct participant may expressly authorise the indirect participant to use the direct participant’s PM account directly to submit payment orders and/or receive payments by way of group-related multi-addressee access.
Eurosystemets nuværende politik for placering af infrastrukturer fremgår af følgende dokumenter, som alle findes på ECB’s websted www.ecb.europa.eu: a) the Policy statement on euro payment and settlement systems located outside the euro area of 3 November 1998, b) The Eurosystem’s policy line with regard to consolidation in central counterparty clearing of 27 September 2001, c) The Eurosystem policy principles on the location and operation of infrastructures settling in euro-denominated payment transactions of 19 July 2007 d) The Eurosystem policy principles on the location and operation of infrastructures settling euro-denominated payment transactions: specification of legally and operationally located in the euro area of 20 November 2008, e) The Eurosystem oversight policy framework of July 2011.
The Eurosystem’s current policy for the location of infrastructure is set out in the following statements, which are all available on the ECB’s website at www.ecb.europa.eu: (a) the Policy statement on euro payment and settlement systems located outside the euro area of 3 November 1998; (b) The Eurosystem’s policy line with regard to consolidation in central counterparty clearing of 27 September 2001; (c) The Eurosystem policy principles on the location and operation of infrastructures settling in euro-denominated payment transaction of 19 July 2007; and (d) The Eurosystem policy principles on the location and operation of infrastructures settling euro-denominated payment transactions: specification of legally and operationally located in the euro area of 20 November 2008; (e) The Eurosystem oversight policy framework of July 2011.
Hvis en eller flere betalingsinstrukser ikke kan afvikles, placeres alle betalingsinstrukser i kø, og algoritme 4, som omtalt i punkt 16, nr. 1), skal gentages for at afvikle afviklingssystemets betalingsinstrukser i køen.
If one or more of the payment instructions cannot be settled, all payment instructions shall be queued, and Algorithm 4, as described in paragraph 16(1), shall be repeated in order to settle the ancillary system’s payment instructions in the queue.
»internetudbyder« det selskab eller den organisation, dvs. den portal, som TARGET2-deltageren anvender for at få adgang til sin TARGET2-konto ved anvendelse af internetbaseret adgang.
‘Internet service provider’ means the company or organisation, i.e. the gateway, used by the TARGET2 participant for the purpose of accessing their TARGET2 account using internet-based access.
Uanvendelige bestemmelser
Inapplicable provisions
Følgende bestemmelser i bilag II finder ikke anvendelse vedrørende internetbaseret adgang:
The following provisions of Annex II shall not apply with regard to internet-based access:
Artikel 4, stk. 1, litra c), samt stk. 2, litra d), artikel 5, stk. 2, 3 og 4, artikel 6 og 7, artikel 11, stk. 8, artikel 14, stk. 1, litra a), artikel 17, stk. 2, artikel 23-26, artikel 41 og tillæg I, VI og VII.
Article 4(1)(c) and (2)(d); Article 5(2), (3) and (4); Articles 6 and 7; Article 11(8); Article 14(1)(a); Article 17(2); Articles 23 to 26; Article 41; and Appendices I, VI and VII.
Supplerende og ændrede bestemmelser
Supplemental and modified provisions
Følgende bestemmelser i bilag II finder anvendelse vedrørende internetbaseret adgang som ændret som følger:
The following provisions of Annex II shall apply with regard to internet-based access as modified below:
Hver gang likviditet overføres til en deltagers afviklingskonto, og centralbanken i Eurosystemet ikke er centralbank for afviklingssystemet, skal den pågældende centralbank i Eurosystemet, efter meddelelse fra afviklingssystemet (via en »start-of-cycle«-meddelelse), bekræfte over for afviklingssystemet, at tilgodehavendet på afviklingskontoen i det pågældende afviklingssystem er spærret og derigennem garantere betaling op til beløbet for den pågældende saldo over for afviklingssystemets centralbank. En sådan bekræftelse af, at afviklingssystemet er spærret, udgør samtidig en retligt bindende viljeserklæring fra afviklingssystemets centralbank om, at denne centralbank garanterer betaling op til beløbet for det spærrede tilgodehavende over for afviklingssystemet. Ved at bekræfte forhøjelsen eller nedsættelsen af det spærrede tilgodehavende, som opstår, når systemoverskridende afviklingsbetalinger krediteres eller debiteres til eller fra afviklingskontoen eller likviditetsoverførsler krediteres afviklingskontoen, indestår både centralbanken i Eurosystemet, som ikke er centralbank for afviklingssystemet, og afviklingssystemets centralbank for, at garantien er blevet forhøjet eller nedsat med betalingsbeløbet. Begge garantier er uigenkaldelige, ubetingede og betalbare på anfordring. Begge garantier og spærringen af saldiene ophører ved meddelelse fra afviklingssystemet om, at afviklingen er gennemført (via en »end-of-cycle«-meddelelse).
Each time liquidity is transferred to a participant’s sub-account and where the Eurosystem CB is not the ancillary system’s CB, such Eurosystem CB shall, upon communication by the ancillary system (via a ‘start-of-cycle’ message), confirm the freezing of the balances on the sub-account to the relevant ancillary system and, in doing so, guarantee to the ancillary system’s CB payment up to the amount of this particular balance. The confirmation of the freezing to the ancillary system shall also entail a legally binding declaration of will by the ancillary system’s CB that the latter guarantees to the ancillary system payment up to the amount of the frozen balance. By confirming the increase or reduction of the frozen balance upon crediting or debiting cross-system settlement payments to or from the sub-account or crediting liquidity transfers to the sub-account, both the Eurosystem CB that is not the ancillary system’s CB and the ancillary system’s CB declare an increase or a reduction of the guarantee in the amount of the payment. Both guarantees shall be irrevocable, unconditional and payable on first demand. Both guarantees and the freezing of the balances shall expire upon communication by the ancillary system that the settlement has been completed (via an ‘end-of-cycle’ message).
»adresserbar BIC-kode-indehaver (addressable BIC holder)« er en enhed som: a) er indehaver af en virksomhedsidentifikations-kode (BIC-kode), b) ikke er anerkendt som indirekte deltager, og c) er kunde hos en direkte deltager eller hos en filial af en direkte eller indirekte deltager og er i stand til at sende betalingsordrer til og modtage betalinger fra et TARGET2-delsystem via den direkte deltager
‘AL mode’ means the aggregation of available liquidity on PM accounts, ‘AL NCB’ means a euro area NCB that is party to an AL agreement and acts as the counterparty for the AL group members which participate in its TARGET2 component system,
»filial (branch)«: en filial som defineret i [indsæt den nationale lovbestemmelse, der gennemfører artikel 4, stk. 3, i Europa-Parlamentets og Rådets direktiv 2006/48/EF af 14. juni 2006 om adgang til at optage og udøve virksomhed som kreditinstitut [3]]»fyldestgørelsesgrund (enforcement event)«: med hensyn til et AL-gruppemedlem: a) misligholdelse som angivet i artikel 34, stk.1, b) anden misligholdelse eller en hændelse som angivet i artikel 34, stk. 2, i hvilken forbindelse [indsæt centralbankens navn], under hensyntagen til misligholdelsens eller hændelsens betydning, har truffet beslutning om [indsæt hvis relevant: [realisation af pantet i henhold til artikel 25b] [realisation af sikkerhed i henhold til artikel 25c] og [modregning af fordringer i henhold til artikel 26] eller c) beslutning om at suspendere eller ophæve adgangen til intradag-kredit
‘credit institution’ means either: (a) a credit institution within the meaning of [insert national law provisions implementing Article 4(1)(a) and, if relevant, Article 2 of Directive 2006/48/EC] that is subject to supervision by a competent authority; or (b) another credit institution within the meaning of Article 123(2) of the Treaty on the Functioning of the European Union that is subject to scrutiny of a standard comparable to supervision by a competent authority, ‘credit transfer order’ means an instruction by a payer to make funds available to a payee by means of a book entry on a PM account,
»fælles platform, (SSP) (Single Shared Platform)«: den fælles tekniske infrastruktur, som leveres af de nationale centralbanker, der er SSP-leverandører
‘direct debit authorisation’ means a general instruction by a payer to its CB entitling and obliging that CB to debit the payer’s account upon a direct debit instruction from a payee, ‘direct debit instruction’ means an instruction from a payee submitted to its CB pursuant to which the CB of the payer debits the payer’s account by the amount specified in the instruction, on the basis of a direct debit authorisation,
»gruppe (group)«:
‘enforcement event’ means, with regard to an AL group member: (a) any event of default referred to in Article 34(1); (b) any other event of default or event referred to in Article 34(2) in relation to which the [insert name of CB] has decided, taking into account the seriousness of the event of default or event, [Insert if applicable: [a pledge should be enforced in accordance with Article 25b] [collateral should be enforced in accordance with Article 25c] and] a set-off of claims should be triggered in accordance with Article 26; or (c) any decision to suspend or terminate access to intraday credit, ‘entry disposition’ means a payment processing phase during which TARGET2-[insert CB/country reference] attempts to settle a payment order which has been accepted pursuant to Article 14, by means of specific procedures, as described in Article 20, ‘euro area NCB’ means the national central bank (NCB) of a Member State whose currency is the euro, ‘Eurosystem CB’ means the ECB or a euro area NCB, ‘event of default’ means any impending or existing event, the occurrence of which may threaten the performance by a participant of its obligations under these Conditions or any other rules applying to the relationship between that participant and the [insert name of CB] or any other CB, including:
overdragelse af alle eller en væsentlig del af deltagerens aktiver
the assignment of all or a substantial part of the participant’s assets, ‘group’ means: (a) 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; (c) 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;
»nationale centralbanker, som er SSP-leverandører (SSP-providing NCBs)«: Deutsche Bundesbank, Banque de France og Banca d'Italia, i deres egenskab af nationale centralbanker, der opbygger og driver den fælles platform (SSP) til gavn for Eurosystemet
‘managing NCB’ means the AL NCB of the TARGET2 component system in which the AL group manager participates, ‘marginal lending facility’ means a Eurosystem standing facility which counterparties may use to receive overnight credit from a Eurosystem CB at the pre-specified marginal lending rate, ‘marginal lending rate’ means the interest rate applicable to the marginal lending facility, ‘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,
»netværksleverandør (network service provider)«: det foretagende, som af ECB's Styrelsesråd er udpeget som leverandør af edb-baseret netværksopkobling til brug for afgivelse af betalingsmeddelelser i TARGET2
‘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, ‘non-settled payment order’ means a payment order that is not settled on the same business day as that on which it is accepted,
»nødproceduremodul (Contingency Module)«: det SSP-modul, som muliggør behandling af kritiske og meget kritiske betalinger i nødsituationer
‘participant’ (or ‘direct participant’) means an entity that holds at least one PM account with the [insert name of CB], ‘payee’, except where used in Article 39 of this Annex, means a TARGET2 participant whose PM account will be credited as a result of a payment order being settled,
»ordregivende deltager (instructing participant)«: TARGET2-deltager, som har iværksat en betalingsordre
‘payer’, except where used in Article 39 of this Annex, means a TARGET2 participant whose PM account will be debited as a result of a payment order being settled, ‘payment order’ means a credit transfer order, a liquidity transfer order or a direct debit instruction, ‘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,
TARGET2 er juridisk indrettet som en flerhed af betalingssystemer bestående af alle de TARGET2-delsystemer, som er anmeldt som »systemer« i henhold til den nationale lovgivning, som gennemfører direktiv 98/26/EF. TARGET2-[indsæt centralbank/landereference] er betegnet som et »system« i henhold til [indsæt de relevante lovbestemmelser, der gennemfører direktiv 98/26/EF].
TARGET2 is legally structured as a multiplicity of payment systems composed of all the TARGET2 component systems, which are designated as ‘systems’ under the national laws implementing Directive 98/26/EC. TARGET2-[insert CB/country reference] is designated as a ‘system’ under [insert the relevant legal provision implementing Directive 98/26/EC].
[indsæt centralbankens navn] spærrer saldoen på deltagerens afviklingskonto ved meddelelse fra afviklingssystemet (via en »start-of-cycle«-meddelelse). Hvis det er relevant, forhøjer eller nedsætter [indsæt centralbankens navn] derefter den spærrede saldo ved at kreditere eller debitere afviklingsbetalinger på tværs af systemet til eller fra afviklingskontoen eller ved kreditering af likviditetsoverførsler til afviklingskontoen. En sådan spærring udløber ved meddelelse fra afviklingssystemet (via en »end-of-cycle«-meddelelse).
The [insert name of CB] shall freeze the balance on the sub-account of the participant upon communication by the ancillary system (via a ‘start-of-cycle’ message). Where applicable, the [insert name of CB] shall thereafter increase or reduce the frozen balance by crediting or debiting cross-system settlement payments to or from the sub-account or crediting liquidity transfers to the sub-account. Such freezing shall expire upon communication by the ancillary system (via an ‘end-of-cycle’ message).
EUT L 30, af 30.1.2013, s. 1.
OJ L 30, 30.1.2013, p. 1.
Afviklingsprocedure 6 skal begynde ved hjælp af en »start-of-procedure«-meddelelse og slutte ved hjælp af en »end-of-procedure«-meddelelse, der begge sendes af afviklingssystemet. Vedrørende afviklingssystemets natoperationer sendes »start-of-procedure«-meddelelsen dog af ASCB’en. »Start-of-procedure«-meddelelser udløser afvikling af stående ordrer om overførsel af likviditet til afviklingskonti. »End-of-procedure«-meddelelsen medfører en automatisk tilbageførsel af likviditet fra afviklingskontoen til PM-kontoen.
Settlement procedure 6 shall start by means of a ‘start-of-procedure’ message and finish by means of an ‘end-of-procedure’ message, with both messages to be sent by the ancillary system. However, for night-time ancillary system operations, the ‘start-of-procedure’ message is sent by the ASCB. ‘Start-of-procedure’ messages shall trigger the settlement of standing orders for the transfer of liquidity into the sub-accounts. The ‘end-of-procedure’ message leads to an automatic retransfer of liquidity from the sub-account to the PM account.
ASCB’erne kan tilbyde den valgfri tilknyttede mekanisme »Information period« for afviklingsprocedurerne 3, 4 og 5. Hvis afviklingssystemet (eller dettes ASCB på dettes vegne) har specificeret et valgfrit »information period«-tidspunkt, skal afviklingsbanken modtage en ICM meddelelse med angivelse af det tidspunkt, hvortil afviklingsbanken senest kan anmode om tilbageførsel af den relevante betalingsinstruks. SCB'en skal kun tage en sådan anmodning i betragtning, hvis den er meddelt via og godkendt af afviklingssystemet. Afviklingen skal begynde, såfremt SCB’en ikke modtager en sådan anmodning inden udløbet af »Information period«-tidspunktet. Hvis SCB'en modtager en sådan anmodning inden for »Information Period«:
The optional connected mechanism ‘information period’ may be offered by the ASCBs for settlement procedures 3, 4 and 5. If the ancillary system (or its ASCB on its behalf) has specified an optional ‘information period’ time, the settlement bank shall receive an ICM broadcast message indicating the time until which the settlement bank may request a reversal of the relevant payment instruction. Such request shall be taken into account by the SCB only if it is communicated via and approved by the ancillary system. The settlement shall start if the SCB does not receive such request until the ‘information period’ time has elapsed. Upon receipt by the SCB of such request within the ‘information period’:
Hvis et afviklingssystem afgiver afviklingsinstrukser forinden det planlagte afviklingstidspunkt (»from«), oplagres instrukserne indtil det planlagte tidspunkt er indtruffet. I så fald afgives betalingsinstrukser kun til entry disposition, når »from«-tidspunktet er indtrådt. Denne valgfri mekanisme kan anvendes i afviklingsprocedure 1 og 2.
If an ancillary system sends the settlement instructions before the scheduled settlement time (‘from’), the instructions are stored until the scheduled time is reached. In this case, the payment instructions are only submitted to the entry disposition when the ‘from’ time is reached. This optional mechanism can be used in settlement procedures 1 and 2.
Afviklingstidspunktet (»till«) gør det muligt at afsætte et begrænset tidsrum til afvikling i afviklingssystemet med henblik på ikke at forhindre eller forsinke afvikling af andre transaktioner relateret til afviklingssystemet eller TARGET2. Hvis en betalingsordre ikke er afviklet, inden »till«-tidspunktet er indtrådt, eller inden den fastsatte afviklingsperiode, bliver disse betalingsordrer enten returneret som uafviklede eller, i tilfælde af afviklingsprocedure 4 og 5, kan garantifondmekanismen igangsættes. Afviklingsperioden (»till«) kan specificeres for afviklings-procedurerne 1 til 5.
The settlement period (till) makes it possible to allocate a limited period of time for ancillary system settlement in order not to prevent or delay the settlement of other ancillary system-related or TARGET2 transactions. If any payment instruction is not settled until the ‘till’ time is reached or within the defined settlement period, these payment instructions are either returned or, in the case of settlement procedures 4 and 5, the guarantee fund mechanism may be activated. The settlement period (till) can be specified for settlement procedures 1 to 5.