natgillin/translations-raw huggingface dataset:
Det er sandt , at disse karakteristika nødvendiggør en striksere anvendelse af overvågningsstandarder for at gøre noget ved den større risiko , der er uløseligt forbundet med disse systemer .
It is true that these characteristics require a stricter application of oversight standards to address the increased risk inherent in these systems .
Selv om dette på den ene side kan medføre større omkostninger for systemoperatøren , tillader det store antal betalinger på den anden side generelt sådanne systemer at udnytte stordriftsfordele , hvorved enhedsomkostningerne falder .
While this may entail increased costs for the system operator on the one hand , on the other hand the very high volumes generally allow such systems to exploit economies of scale , thus reducing their costs per unit .
Detailbetalingssystemer bør ikke overreguleres .
There should not be an overregulation of retail payment systems .
Hvilke standarder skal mindre detailbetalingssystemer , som hverken er systemisk vigtige eller af stor betydning , overholde ?
What standards do small retail payment systems have to comply with that are neither SIPSs nor systems of prominent importance ?
Eurosystemet har nøje afvejet de risici , som er forbundet med detailbetalingssystemer , i forhold til de omkostninger , som striksere 1 For en definition af systemisk vigtige betalingssystemer henvises der til Core Principles for Systemically Important Payment Systems ( rapporten om standarder for systemisk vigtige betalingssystemer ) , Den Internationale Betalingsbank ( BIS ) , Basel , januar 2001 .
The Eurosystem has carefully weighed the risks stemming from retail payment systems against the costs that stricter oversight standards might entail for the respective system operators . For this reason , the new « Oversight standards for euro retail payment systems » (" Retail Standards ") issued by the Eurosystem for consultation encompass only those retail payment systems that play a prominent role in the processing and settlement of various types of retail payment and whose 1 For a definition of SIPS please see « Core Principles for Systemically Important Payment Systems » , BIS , Basel , January 2001 .
ECB -* Standarder for overvågning af detailbetalingssystemer for euro -- svar -* Juni 2003
ECB -* Oversight standards for euro retail payment systems -- response -* June 2003 1
overvågningsstandarder kunne medføre for de pågældende systemoperatører . Af den grund omfatter de standarder for overvågning af detailbetalingssystemer i euro (" detailstandarder ") , som Eurosystemet har haft til høring , de detailbetalingssystemer , som spiller en vigtig rolle i behandlingen og afviklingen af detailbetalinger , og hvis nedbrud i systemerne kan få store økonomiske konsekvenser og underminere offentlighedens tillid til betalingssystemer og til valutaen i almindelighed .
failure could have major economic effects and undermine the confidence of the public in payment systems and the currency in general .
Derfor er der blevet skabt tre reguleringsniveauer for detailbetalingssystemer for euro :
Thus , three regulatory layers have been created for euro retail payment systems :
Systemisk vigtige detailbetalingssystemer skal overholde alle ti standarder opstillet i rapporten om standarder for systemisk vigtige betalingssystemer .
retail payment systems that are of systemic importance have to comply with the full set of Core Principles , as outlined in the Core Principles Report ;
Detailbetalingssystemer af stor betydning for samfundsøkonomien skal overholde seks af standarderne som anført i Eurosystemets pressemeddelelse om standarderne for overvågning af detailbetalingssystemer i euro .
retail payment systems that play a prominent role in the economy have to comply with the sub-set of six Core Principles , as outlined in the Eurosystem 's announcement on « Oversight standards for euro retail payment systems » ;
Detailbetalingssystemer , som ikke hører til en af disse to kategorier og derfor har mindre betydning for stabiliteten i den finansielle sektor , skal overholde de for disse systemer gældende overvågningsstandarder , når og hvis sådanne eksisterer .
retail payment systems that do not belong to one of the previous two categories and thus have a lesser impact on the stability of the financial infrastructure have to comply with the relevant oversight standards as and if defined for such systems .
Eksempler herpå er overvågningsstandarder for e-penge-ordninger og de detailstandarder , som de nationale centralbanker har vedtaget nationalt .
Examples in this respect are the oversight standards for e-money schemes and the retail standards defined at the national level by each NCB .
plementeringen af de relevante standarder ikke kræver den samme snævre fortolkning for detailbetalingssystemer af stor betydning for samfundsøkonomien som for systemisk vigtige betalingssystemer .
operational reliability of and contingency arrangements for retail systems of prominent importance to the economy do not necessarily have to be identical to those for SIPSs .
I høringsdokumentet anføres som eksempel implementeringen af standard VII .
This criterion of proportionality would similarly apply to other Core Principles of the sub-set to be applied .
Det anføres , at detailbetalingssystemer af stor betydning for samfundsøkonomien ikke nødvendigvis behøver være lige så sikre og driftspålidelige eller have de samme nødprocedurer som systemisk vigtige betalingssystemer . Tilsvarende vil dette afpasningskriterium gælde for de fem øvrige detailstandarder .
For example , for retail systems which are of prominent and not of systemic importance to satisfy Core Principle I , it may not necessarily be obligatory to require external legal opinions to assess the legal soundness of a system .
For at fx detailbetalingssystemer , som er af stor betydning , men ikke systemisk vigtige , kan overholde standard I , behøver det formentlig ikke være obligatorisk at kræve uafhængigt responsum for at vurdere , om et system har et velfunderet juridisk grundlag . Sådanne uafhængige responsa kunne også begrænses til ad hoc-undersøgelser .
Such opinions could also be confined to investigations on an ad hoc basis . The Eurosystem should establish and publish criteria for determining the importance of a euro retail payment system and it should use a homogenous methodology for the assessment of such systems to ensure a level playing field .
Eurosystemet bør vedtage og offentliggøre kriterier for , hvorledes vigtigheden af et detailbetalingssystem for euro bestemmes , og bør anvende en fælles metode til at vurdere et sådant system for at sikre ens vilkår .
The Eurosystem has discussed criteria that should help to identify the importance of retail payment systems and thus determine which set of oversight standards have to be applied .
Eurosystemet har drøftet de kriterier , der skal bidrage til at bestemme , hvor vigtigt et detailbetalingssystem er , og derved bestemme , hvilke overvågningsstandarder der skal gælde .
It concluded that the systemic importance of a payment system depends on the level of concentration within the respective payments market , financial risks pertinent to the system and the risk of domino effects .
Eurosystemet fandt , at den systemiske vigtighed af et betalingssystem afhænger af koncentrationen på det pågældende marked for betalinger , af de finansielle risici i systemet og af risikoen for en dominoeffekt .
In this respect , the Eurosystem will take particular account of whether the respective system is the only retail system in a country or whether a substantial portion of retail transactions is concentrated in this system .
I den forbindelse vil Eurosystemet tage særligt hensyn til , hvorvidt det pågældende system er det eneste detailbetalingssystem i et land , og hvorvidt systemet behandler en betydelig del af detailbetalingerne .
In the event that such a system fails , banks might find it difficult to process retail payments in that country . In order to assess the financial risks , the Eurosystem will , in particular in netting systems , take account of the turnover of the system and the debit positions of the largest participants .
I tilfælde af nedbrud i et sådant system kan det være svært for pengeinstitutterne at behandle detailbetalinger i det pågældende land . For at vurdere de finansielle risici vil Eurosystemet , særligt når der er tale om et nettoafviklingssystem , tage hensyn til systemets omsætning og de største deltageres negative nettoposition .
Finally , the Eurosystem will also take account of the risk that the failure of one participant to fulfil its obligations in the system could spill over to other participants and cause these participants to fail too . In addition to these commonly agreed criteria , the central banks overseeing the respective retail payment systems may take into account
Fortolkningen af overvågningsstandarderne skal være afpasset systemtypen , dvs .
Interpretation of the oversight standards should be proportionate to the type of system , i.e. less strict for retail payment systems than for SIPSs .
være mindre snæver for detailbetalingssystemer end for systemisk vigtige betalingssystemer .
As outlined in the response to the previous question in relation to the three-tier categorisation of retail payments , the strictness of the oversight standards has to be proportionate to the risk that the underlying systems pose to the financial system .
Som anført i svaret på det foregående spørgsmål om inddelingen af detailbetalinger i tre niveauer skal overvågningsstandardernes stramhedsgrad afpasses i forhold til den risiko , som de pågældende systemer udgør for det finansielle system .
In that vein , the Eurosystem explained in the consultative document on the new Retail Standards that the implementation of the relevant Core Principles does not require the same strict interpretation for retail payment systems of prominent importance to the economy as it does for SIPSs .
På samme måde forklarede Eurosystemet i sit høringsdokument vedrørende de nye detailstandarder , at im -
The consultative document cites the implementation of Core Principle VII as an example .
ECB -* Standarder for overvågning af detailbetalingssystemer for euro -- svar -* Juni 2003 systemet også tage hensyn til risikoen for , at en deltagers misligholdelse af sine forpligtelser i et system kan spredes til andre deltagere og medføre , at disse deltagere heller ikke kan leve op til deres forpligtelser .
ECB -* Oversight standards for euro retail payment systems -- response -* June 2003
Ud over disse alment accepterede kriterier kan centralbanker , der overvåger de enkelte detailbetalingssystemer , tage højde for karakteristika , som er særegne for deres egne betalingsmarkeder .
specificities that are peculiar to their respective payments market .
Med integrationen af markederne for eurobetalinger og etableringen af et fælles eurobetalingsområde forventes nationale karakteristika , som kan berettige en vurdering , der afviger fra de i fællesskab vedtagne rammer , at forsvinde med tiden .
With the integration of the euro payments market and the establishment of a Single Euro Payments Area ( SEPA ) , national circumstances that justify an assessment diverging from the commonly agreed framework are expected to vanish over time .
Den finansielle risiko , som systemer af stor betydning for samfundsøkonomien udgør , er normalt ikke så stor som den , der udgøres af systemisk vigtige betalingssystemer .
The degree of financial risk posed by systems that are of prominent importance to the economy is not normally as high as that posed by systemically important payment systems .
Derfor har Eurosystemet besluttet , at overholdelse af standarderne vedrørende finansielle risici ( standard III til VI ) ikke skal være obligatorisk for disse systemer .
For this reason , the Eurosystem has concluded that the Core Principles addressing financial risks ( Core Principles III to VI ) should not be obligatory for these systems .
Af den grund vil Eurosystemet , når sådanne systemer skal klassificeres , kigge på koncentrationen på markedet for detailbetalinger og især på det pågældende systems samlede markedsandel .
Consequently the Eurosystem , when identifying such systems , will take account of the concentration of the retail payments market and in particular the market penetration of the respective system , i.e. its overall market share .
Vurderingen af detailbetalingssystemer for euro bør koordineres af ét enkelt organ .
The assessment of euro retail payment systems should be co-ordinated by a single body .
Styrelsesrådet for ECB har ( nu ) fastlagt sin endelige politik vedrørende detailbetalingssystemer for euro , og alle detailbetalingssystemer skal vurderes i lyset af denne politik .
The Governing Council of the ECB has ( now ) adopted a definitive policy for euro retail payment systems , and all retail payment systems will have to be assessed in the light of this policy .
I medfør af de rammer for gennemførelsen af overvågningsaktiviteter , som allerede eksisterer inden for Eurosystemet , vil såvel de nationale centralbanker som ECB foretage denne vurdering .
Pursuant to the framework already in place within the Eurosystem for the implementation of oversight activities , both the NCBs and the ECB will conduct these assessments .
ECBs Betalingsformidlingskomité koordinerer og gennemgår disse vurderinger for at sikre , at den fælles metode anvendes på samme måde overalt i Eurosystemet .
The Payment and Settlement Systems Committee of the ESCB will co-ordinate and review these assessments to ensure that the common methodology is applied in a harmonised manner throughout the Eurosystem .
Standarder for overvågning bør ikke medføre ekstra omkostninger .
Oversight standards should not entail additional costs .
Eurosystemet skal som led i sin opgave med at sikre betalingssystemernes smidige funktion sørge for , at de tilhørende risici mindskes .
In fulfilling its task of ensuring the smooth operation of payment systems , the Eurosystem has to ensure that the respective risks are mitigated .
Årsagen hertil er , at de enkelte deltagere i betalingssystemet eventuelt ikke er tilstrækkeligt opmærksomme på den risiko , som de udgør for de øvrige deltagere og for det finansielle system som helhed .
The reason for this public function is that individual participants in the payment system may not be sufficiently aware of the risk that they pose to other participants and to the financial system in general .
Hvor meget Eurosystemet skal gribe ind rent lovgivningsmæssigt , afhænger af den risiko , som systemerne udgør for den finansielle stabilitet , og vurderes i hvert enkelt tilfælde .
The degree of regulatory intervention on the part of the Eurosystem will be differentiated according to the risk to financial stability .
Jo større risiko for det finansielle system , desto striksere skal systemet overholde overvågningsstandarderne .
Therefore , the higher the risk to the financial system , the higher will be the oversight standards that such a system has to comply with .
Desuden skal standarderne vedrørende effektivitet også være afpasset vigtigheden af det enkelte system .
In addition , efficiency standards will also have to keep pace with the importance of the respective system .
Det betyder , at et detailbetalingssystem skal overholde de relevante overvågningsstandarder .
This implies that an individual retail payment system will have to satisfy the relevant oversight standards .
Systemet skal forbedre sine sikkerhedsog effektivitetsforanstaltninger for at overholde de krævede standarder , hvis systemet ikke allerede overholder disse .
It will have to improve its safety and efficiency measures in order to comply with the required standards if it does not currently do so .
Sådanne forbedringer i et systems indretning kan eventuelt medføre omkostninger for det pågældende system , men ved at afholde disse omkostninger mindskes risikoen , dvs . eventuelle fremtidige omkostninger for systemet , dets deltagere og hele samfundsøkonomien vil falde .
Such improvements in the system design may entail costs for the individual system , but bearing this cost will lead to reduced risks , i.e. a reduction in potential future costs to the system itself , its participants or the entire economy .
Desuden kan systemets øgede effektivitet resultere i en række fordele for den samlede samfundsøkonomi .
In addition , the increased efficiency of the system may result in a number of benefits to the economy as a whole .
Fra et samfundsøkonomisk synspunkt kan yderligere omkostninger for de enkelte betalingssystemer derfor retfærdiggøres , hvis de effektivt mindsker risiciene og / eller øger effektiviteten .
Therefore , from a macroprudential point of view , additional costs for individual payment systems may be warranted if they lead to an effective reduction of risks and / or an increase in efficiency .
De forskellige instrumenter og systemer , som detailstandarderne er rettet mod , bør være klart defineret .
The scope of instruments and systems to be covered should be clearly defined .
Detailstandarderne bør gælde for alle former for clearing og afvikling , dvs . de skal ikke kun gælde for afvikling , men også for clearing , og de skal gælde for korrespondentbankaftaler og andre aftaler , der har en betalingsformidlingsfunktion .
The Retail Standards should apply to any form of clearing and settlement , i.e. they should not only apply to settlement but also to clearing and they should cover correspondent banking or other arrangements which are similar to payment systems . The crucial factor determining whether or not the new Retail Standards are to be applied is whether or not the retail systems play a prominent role in the economy .
Det , der er afgørende for , om de nye detailstandarder skal gælde eller ej , er , om detailbetalingssystemerne er af stor betydning for samfundsøkonomien . Hvilke instrumenttyper , der behandles i disse systemer , er mindre afgørende for at bestemme , hvor vigtigt et
The kinds of instrument processed via these systems are of a secondary nature and less relevant for determining the degree of importance of a system . A retail payment system is a funds transfer system which handles a large volume of payments of relatively low value in such
ECB -* Standarder for overvågning af detailbetalingssystemer for euro -- svar -* Juni 2003
ECB -* Oversight standards for euro retail payment systems -- response -* June 2003
Et detailbetalingssystem er et betalingssystem , som behandler et stort antal betalinger med forholdsvis lille værdi i form af checks , pengeoverførsler , direkte debitering samt hævekort - og EFTPOS-transaktioner .
forms as cheques , credit transfers , direct debits , and ATM and EFTPOS transactions .
Detailstandarderne skal gælde for clearingog afviklingssystemer .
The Retail Standards will apply to clearing and settlement systems .
At de pågældende systemer altid tilbyder afvikling , skal ikke opfattes således , at clearing ikke omfattes af standarderne .
The fact that the relevant systems always provide settlement services should not be interpreted in such a way that the clearing process would not be subject to the standards .
Faktisk udgør clearing og afvikling en integreret del af betalingsinfrastrukturen .
In fact , clearing and settlement are integral parts of the payments infrastructure .
Den endelige udgave af detailstandarderne afklarer dette spørgsmål .
The final version of the Retail Standards clarifies this issue .
Eurosystemets detailstandarder kommer kun til at gælde for automatiske clearingcentraler og multilaterale aftaler .
The scope of application of the Eurosystem 's Retail Standards has been limited to ACHtype systems and multilateral arrangements .
Hub and spoke-aftaler samt bilaterale aftaler er på nuværende tidspunkt ikke omfattet af detailstandarderne .
« Hub and spoke » arrangements and bilateral arrangements have , for the time being , not been included .
Førstnævnte form for aftaler består af en række bilaterale aftaler , hvor afviklingsinstitutionen ( hub ) kan forhandle forskellige kontrakter med de enkelte pengeinstitutter ( spoke ) .
Hub and spoke arrangements consist of a multitude of bilateral agreements where the hub ( i.e. the settlement institution ) can negotiate different contracts with every spoke ( i.e. the customer bank ) .
Årsagen til ikke at lade disse aftaler være omfattet skyldes , at nogle af detailstandarderne er for generelle til at kunne blive anvendt direkte på sådanne aftaler .
The reason for excluding these arrangements is that some of the principles are too generic to be applied in a straightforward way .
Hvordan skal der fx kunne være åben og fair adgang til en bilateral aftale , hvor kontraktvilkår og - betingelser aftales af de to kontraherende parter på grundlag af bilaterale forhandlinger ?
For example , how should fair and open access be applied in a bilateral relationship in which the terms and conditions are determined by the two parties to the agreement on the basis of bilateral negotiations ?
Bilaterale aftaler og hub and spoke-aftaler er den typiske form for aftaler mellem korrespondentbanker .
Bilateral arrangements and hub and spoke arrangements are the typical forms of correspondent banking relationship .
Eurosystemet indsamler på nuværende tidspunkt data for at analysere , hvor vigtige korrespondentbankaftaler er inden for det finansielle system .
The Eurosystem is currently collecting data in order to analyse the importance of correspondent banking arrangements within the financial system .
Afhængig af resultatet af denne analyse er det muligt , at Eurosystemet udarbejder overvågningsstandarder for disse aftaler .
Depending on the results of this analysis , it is possible that the Eurosystem will establish oversight standards for such arrangements .
Skal overholdelse af standard IV være obligatorisk ?
Should the application of Core Principle IV become mandatory ?
Ved udarbejdelsen af detailstandarderne blev standard IV ikke vurderet til at være så vigtig , at overholdelse af den skulle være obligatorisk , men snarere særdeles ønskeligt .
The Retail Standards do not deem Core Principle IV mandatory , but rather highly desirable .
Årsagen til , at det er « særdeles ønskeligt » , er , at Eurosystemet mener , at overholdelsen af standard IV vil mindske de finansielle risici .
The reason for qualifying it as « highly desirable » is that in the Eurosystem 's view the application of Core Principle IV would reduce financial risk .
Desuden vil omkostningerne ved de nødvendige tekniske tilpasninger for at kunne afvikle på valørdagen ikke være for store .
In addition , the cost of making the technical adjustments necessary for achieving settlement on the day of value would not be excessive .
Hvad angår metode , vil det imidlertid være inkonsekvent at kræve afvikling på valørdagen , når der ikke kræves foranstaltninger til også at sikre rettidig afvikling , i tilfælde af at en deltager ikke opfylder sine forpligtelser .
From a methodological point of view it would , however , be inconsistent to require settlement on the day of value while not requiring measures to ensure that timely settlement is also achieved in the event of the failure of a participant .
Eftersom overholdelse af standard III og V ikke er obligatorisk , var holdningen , at overholdelse af standard IV heller ikke skulle være obligatorisk , men snarere særdeles ønskeligt .
Since Core Principles III and V are not mandatory , it was felt that compliance with Principle IV should likewise not be mandatory , but rather highly desirable .
Kommer standarderne også til at gælde for de tiltrædende lande ?
Will the Retail Standards also apply to acceding countries ?
De nye overvågningsstandarder gælder for alle detailbetalingssystemer for euro , dvs . de gælder for alle lande , som har et detailbetalingssystem for euro .
The new oversight standards will govern all euro retail payment systems , i.e. they will apply to any country operating a euro retail payment system .