natgillin/translations-raw huggingface dataset:
Standarderne og de underliggende analyser er beskrevet i EMI 's rapport , « Standards for the use of Securities Settlement Systems in ESCB credit operations » , som blev offentliggjort 8 . januar 1998 .
The standards and the underlying analysis are described in the EMI 's report entitled « Standards for the use of Securities Settlement Systems in ESCB credit operations » , which was released on 8 January 1998 .
Disse standarder dækker tre hovedområder : Juridiske emner , afviklingsog depotrisici samt driftsforhold .
These standards cover three main areas : legal issues , settlement and custody risks , and operational issues .
Derudover besluttede EMI-Rådet i juli 1997 at indføre korrespondentbankmodellen ( CCBM Correspondent Central Banking Model ) som en midlertidig løsning , indtil der etableres passende forbindelser mellem værdipapirafviklingssystemerne til at sikre den grænseoverskridende anvendelse af sikkerhedsstillelse i forbindelse med ESCB 's operationer ( pengepolitik og intradaglikviditetsoverførsel ) .
Moreover , in July 1997 the EMI Council decided to adopt the correspondent central banking model ( CCBM ) as an interim solution before the establishment of appropriate links between SSSs in order to facilitate the cross-border use of collateral in ESCB operations ( monetary policy and intraday credit operations ) . banknote production were tested within the context of a test banknote project .
er fastsat til 1 . januar 2002 .
With regard to protection of the euro banknotes , the EMI Council has agreed to use the copyright © symbol on the euro banknotes and , to increase efficiency in combating counterfeiting , to set up a joint investigation centre and a database on counterfeit euro banknotes . The date for the launch of the euro banknotes and coins has been fixed at 1 January 2002 .
Artikel 52 i ESCB / ECB-statutten pålægger ECB 's Styrelsesråd at træffe de nødvendige foranstaltninger med henblik på at sikre , at pengesedler udstedt i valutaer med uigenkaldeligt fastlåste omregningskurser omveksles af de nationale centralbanker til deres respektive pariværdier . Et flertal af medlemmerne af EMI-Rådet har opnået grundlæggende enighed om mekanismerne for omveksling og repatriering af de nationale pengesedler mellem 1999 og 2002 .
With regard to Article 52 of the ESCB / ECB Statute , which commits the Governing Council of the ECB to take the necessary measures to ensure that banknotes denominated in currencies with irrevocably fixed exchange rates are exchanged by the NCBs at their respective par value , a majority of the members of the EMI Council has reached a basic agreement on the mechanisms which will be involved in exchanging and repatriating national banknotes between 1999 and 2002 .
Regnskabsrelaterede emner Det forberedende arbejde omkring regnskabsprincipperne til brug for ESCB blev stort set afsluttet i 1997 .
Accounting issues The preparatory work on the accounting framework to be used for the ESCB was largely completed in 1997 .
Disse principper vil udgøre grundlaget for ESCB 's interne og eksterne rapportering og tjene til at sikre , at kravene til likviditetsstyring og statistik er opfyldt .
This framework will form the basis for the internal and external reporting of the ESCB and serve to ensure that liquidity management and statistical requirements are met .
Overgangen til tredje fase blev også undersøgt , og de nødvendige principper og teknikker blev udviklet .
The transition to Stage Three was also examined and the necessary principles and techniques were developed .
Derudover fortsætter arbejdet med at fastlægge en metode til fordeling af den monetære indkomst med henblik på at forberede de beslutninger , der skal træffes af ECB 's Styrelsesråd .
In addition , work is continuing on the method for allocating monetary income in order to prepare the decisions to be taken by the Governing Council of the ECB .
Forberedelse af eurosedler I løbet af 1997 blev skitseudkastene til eurosedlerne , som EMI-Rådet valgte i december 1996 , udviklet til de endelige design .
Preparation of euro banknotes The draft designs for the euro banknotes which were chosen by the EMI Council in December 1996 were developed into final designs in the course of 1997 .
Gengivelser af de reviderede design blev offentliggjort i juli 1997 .
Illustrations of the revised designs were published in July 1997 .
Disse vil danne grundlag for originalarbejdet , som i løbet af første halvdel af 1998 vil blive omsat til trykplader .
These form the basis for the origination work , in the context of which the designs are being transformed into printing plates in the first half of 1998 .
For at kunne identificere mulige problemer tidligst muligt blev alle de teknikker , der vil blive anvendt til produktionen af eurosedler , testet i et testseddelprojekt .
In 1997 , in order to identify potential problems at the earliest possible stage , all the techniques which will be used for euro
Informations - og kommunikationssystemer Med hensyn til informations - og kommunikationssystemer blev et nyt telekonferencesystem fuldt implementeret .
Information and communications systems In the field of information and communications systems , the teleconference replacement project was successfully implemented .
Systemet gør det muligt at gennemføre adskillige telekonferencer mellem de tilsluttede institutioner samtidigt .
It enables several audio conferences to take place in parallel between the connected institutions .
Derudover vil den underliggende fysiske infrastruktur tjene som hovedplatform for netværket til overførsel af de nødvendige data for størstedelen af informationssystemerne i ESCB .
Furthermore , its underlying physical infrastructure will serve as the main network platform for the data transfers needed for the majority of ESCB-wide information systems applications .
En kommunikationsinfrastruktur for hele ESCB til at levere sikre filoverførsler , og et sikkert meddelelsessystem , er udviklet og blev operationelt i maj 1998 .
An ESCB-wide communications infrastructure providing secure end-to-end file transfer and robust messaging services was developed and became operational in May 1998 .
udførelsen af pengepolitiske operationer , valutamarkedsinterventioner og styringen af ECB 's valutareserveaktiver .
In 1997 significant progress was made in the development of several ESCB-wide software applications which will support the conduct of monetary policy operations , foreign exchange market interventions and the management of the ECB 's foreign reserve assets .
Alle disse applikationer vil være implementeret omkring midten af 1998 .
All these applications will be implemented by mid-1998 .
Anden halvdel af 1998 vil blive brugt til test af samtlige systemer og procedurer mellem ECB og de nationale centralbanker .
The second half of 1998 will be devoted to undertaking the testing of all the systems and procedures between the ECB and the NCBs .
EMI-Rådet har endvidere godkendt en struktur for sikkerhedsprocedurer i forbindelse med ESCB 's informationssystemer med henblik på at garantere et tilstrækkeligt og koordineret sikkerhedsniveau .
The EMI Council approved a framework for a security policy for the information systems of the ESCB , aiming at guaranteeing an adequate and co-ordinated level of security .
lovgivning , der falder inden for ECB 's kompetenceområder , sandsynligvis vil gælde for bl . a. visse lovgivningsbestemmelser vedrørende tilsynet med kreditinstitutter og stabiliteten af det finansielle system .
macro-prudential nature with a bearing on the stability of financial institutions and markets . Second , the ESCB will provide supervisory authorities with information stemming from its basic activity which could be useful for the supervisory function .
Endelig åbner traktatens artikel 105 , stk . 6 , mulighed for at tildele ECB specifikke opgaver i forbindelse med politikker vedrørende tilsyn .
Conversely , banking supervisors will be ready to give supervisory information to the ESCB which could be valuable for the ESCB to perform its tasks as laid down in the Treaty and the ESCB / ECB Statute .
I den henseende anses det for utilrådeligt på dette tidlige stade at overføre tilsynsmæssige kompetencer fra nationale myndigheder til ECB .
Moreover , Article 25 ( 1 ) of the ESCB / ECB Statute contemplates a specific and optional advisory task of the ECB on the scope and implementation of the Community legislation on banking supervision and the stability of the financial system .
Juridiske spørgsmål Banktilsyn og finansiel stabilitet EMI har undersøgt , hvordan ESCB i ØMUens tredje fase kan bidrage til en smidig gennemførelse af de politikker , som forfølges af de kompetente myndigheder inden for tilsyn med kreditinstitutter og det finansielle systems stabilitet , i henhold til artikel 105 , stk .
In addition , Article 105 ( 4 ) of the Treaty , which provides for a mandatory advisory task of the ECB on draft Community and national legislation falling within the ECB 's field of competence , is likely to apply to , inter alia , certain legislation on banking supervision and the stability of the financial system .
For det første vil ESCB og specielt ECB kunne fremme samarbejdet mellem tilsynsmyndigheder samt mellem disse og ESCB om relevante tilsynsspørgsmål , herunder specielt spørgsmål af makro-prudentiel karakter , som har indflydelse på de finansielle institutioners og markeders stabilitet .
Finally , Article 105 ( 6 ) of the Treaty envisages the possibility of conferring upon the ECB specific tasks concerning policies relating to prudential supervision .
For det andet vil ESCB bibringe tilsynsmyndighederne information fra ESCB 's almindelige aktiviteter , der kan være nyttige for tilsynsmyndighedernes funktion .
In this respect , it is felt premature at this stage to envisage any transfer of supervisory competencies from national authorities to the ECB .
1 , i ESCB / ECB-statutten ECB en specifik og ikkeobligatorisk rådgivende funktion i relation til anvendelsesområdet for og gennemførelsen af fællesskabslovgivning vedrørende tilsynet med kreditinstitutter og stabiliteten af det finansielle system .
Legal issues Banking supervision and financial stability The EMI has examined how in Stage Three of EMU the ESCB can contribute to the smooth conduct of the policies pursued by the competent authorities in the fields of banking supervision and the stability of the financial system , under Article 105 ( 5 ) of the Treaty .
Hertil kommer , at traktatens artikel 105 , stk .
Two main forms of contribution of the ESCB can be envisaged .
4 , som tildeler ECB en obligatorisk rådgivningsfunktion på ethvert forslag til fællesskabs - eller national I en rapport offentliggjort i oktober 1997 redegjorde EMI for sit syn på tilpasningen af den nationale lovgivning til kravene for tredje fase , jf . traktatens artikel 108 og ESCB / ECB-statutten .
First , the ESCB and , in particular , the ECB will promote co-operation among the supervisory authorities and between them and the ESCB on relevant prudential supervisory issues , such as those of a In the legal area , the EMI further elaborated its views on the adaptation of national legislation under Article 108 of the Treaty with a view to Treaty and ESCB / ECB Statute requirements for Stage Three in a report which was published in October 1997 .
Herved rådgav EMI de nationale lovgivere angående tilpasningsprocessen og fik samtidig lagt grundlaget for konvergensrapportens afsnit om juridisk konvergens , der vurderede foreneligheden mellem national lovgivning , inklusive de nationale centralbankers statutter , og traktaten og ESCB / ECBstatutten .
In doing so , it gave guidance to national legislators in this adaptation process and at the same time laid the basis for its 1998 Convergence Report in which , inter alia , the compatibility of national legislation , including the statutes of the NCBs , with the Treaty and the ESCB / ECB Statute was assessed . 9
Overgang til euroen Tempoet for det forberedende arbejde omkring overgangen til den fælles valuta steg betragteligt i 1997 .
Changeover to the euro During 1997 preparatory work for the changeover to the single currency gathered considerable speed .
EMI fortsatte med at følge udviklingen omkring overgangen med henblik på at vurdere , hvorvidt forskellige overgangsforberedelser i medlemslandene , der skyldes forskellig lokal organisering og infrastruktur , kunne få betydning for udførelsen af den fælles pengepolitik fra og med januar 1999 .
The EMI continued to keep track of developments as regards the changeover , in order to assess whether differing changeover preparations across Member States , owing to differences in the local organisational and infrastructural environments , might have implications for the single monetary policy to be conducted as from January 1999 onwards .
På det finansielle område opfordrede EMI og de nationale centralbanker markedsdeltagerne til at overveje en markedsdrevet standardisering inden for den monetære union .
In the financial area , the EMI and the NCBs have encouraged market operators to consider market-driven standardisation within Monetary Union .
EMI ydede også assistance til etableringen af fælles standarder 9
The EMI also provided assistance in the establishment of common market standards in the euro area-wide money markets and foreign exchange markets .
på euroområdets penge - og valutamarkeder . EMI anerkendte samtidig behovet for et særligt symbol for den fælles valuta og udtrykte dets støtte til E-symbolet , foreslået af Europa-Kommissionen som logo for euroen .
It furthermore recognised the need for a distinctive codified symbol for the single currency and expressed its support for the symbol E , proposed by the European Commission , as the logo for the euro .
For at kunne assistere alle de involverede i forberedelserne til overgangen har EMI forbedret distributionen af relevant information bl . a. gennem EMI 's hjemmeside på internettet .
With a view to assisting all those involved in preparing for the changeover , the EMI has improved the distribution of relevant information , inter alia through its Web site .
Information Siden dets etablering 1 . januar 1994 har EMI opfyldt sine oplysningsforpligtelser i overensstemmelse med EMI-statuttens artikel 7 og artikel 11 , stk .
Public information Since its establishment on 1 January 1994 the EMI has fulfilled its reporting obligations in accordance with Articles 7 and 11.3 of the EMI Statute by publishing reports on the state of the preparations for Stage Three of EMU , its activities and monetary and financial conditions in the Community .
forberedelserne af tredje fase af ØMU , EMI 's aktiviteter samt monetære og finansielle forhold i Fællesskabet . I slutningen af denne årsberetning findes en liste over de EMI-dokumenter , der er offentliggjort siden begyndelsen af 1997 samt adressen på EMI 's hjemmeside .
A list of EMI documents published since the beginning of 1997 and the EMI 's Web site address are provided at the end of this Report .
EMI erkender , at der vil være et behov for , at ESCB sikrer åbenhed om dets målsætninger og politikker i tredje fase , samt at der gives indsigt i dets operationer og opgaver for at få opbakning og støtte fra den finansielle sektor og den brede offentlighed for dets politik .
The EMI recognises that there is a need for the ESCB to ensure the transparency of its objectives and policies in Stage Three and to foster knowledge of its operations and tasks , thus enabling the financial community and the general public to both understand and support its policies .
For at fremme dette mål er EMI i færd med at udarbejde et forslag til ekstern kommunikationspolitik , der skal sikre en effektiv distribution af information om ESCB 's aktiviteter . Dette forslag skal behandles i ECB 's Styrelsesråd
To this end , the EMI is developing an external communication policy - to be presented for consideration by the Governing Council of the ECB - on the most effective ways in which to disseminate information concerning the activities of the ESCB .
3 EMI 's øvrige opgaver Tilsyn med ECU-clearing - og afviklingssystemet EMI 's hovedsigte har været at sikre , at der er truffet passende forholdsregler med hensyn til at forbedre systemets overholdelse af sikkerhedsstandarderne i henhold til 1990 G-10 rapporten , « Interbank Netting Schemes » .
3 Other tasks of the EMI Oversight of the ECU Clearing and Settlement System The EMI 's main focus has been to ensure that adequate action is taken to improve the system 's compliance with the safety standards laid down in the 1990 G-10 Report on Interbank Netting Schemes .
EMI overvågede specielt EBA 's forberedende arbejde omkring euro-clearing - og afviklingssystemet for tredje fase af ØMU ( EURO 1 ) .
The EMI monitored in particular the preparatory work conducted by the EBA on its Euro Clearing and Settlement System for Stage Three of EMU ( EURO 1 ) .
Hertil kommer , at EBA i samarbejde med EMI færdiggør afviklingsprocedurerne i overensstemmelse med EMI-Rådets beslutning om at tillade EBA at åbne en central afviklingskonto i ECB .
In addition , the EBA - in co-operation with the EMI - is finalising the settlement arrangements in accordance with an EMI Council decision to allow the EBA to open a central settlement account at the ECB .
EBA kan også åbne andre afviklingskonti hos de nationale centralbanker , som måtte tilbyde sådanne .
It may also open other settlement accounts with those NCBs which agree to provide such accounts .
Kun Banque de France har indikeret at ville åbne en lokal afviklingskonto for EBA ( i juni 1999 ) .
Only the Banque de France has indicated its intention to open a local settlement account for the EBA ( by June 1999 ) .
Elektroniske penge I 1997 gennemførte EMI et yderligere studie af effekten på økonomierne i EU af fremkomsten af elektroniske penge .
Electronic money In 1997 the EMI carried out a further study of the impact on EU economies of the emergence of electronic money .
EMI fokuserede især på den nye markedsudvikling og foretog en grundig analyse af dennes implikationer for pengepolitikken .
particular account of new market developments and conducted a thorough analysis of their implications for monetary policy .
Resultaterne af analysen har dannet basis for « Udtalelse af EMI-Rådet om udstedelse af elektroniske penge » af 2 .
The results of the study provided the basis for the « Opinion of the EMI Council on the issuance of electronic money » of 2 March 1998 , the text of which is reproduced in Box 3 of this Report .
marts 1998 .
Administration of EMS mechanisms and Community loans Greece joined the ERM with effect from 16 March 1998 , which entailed compulsory participation in the ECU swap mechanism from that date .
Teksten er gengivet i boks 3 i denne årsberetning .
Since the Bank of Greece had been participating in the mechanism on a voluntary basis since January 1986 , ERM membership had no implications for the EMI 's ECU swap operations .
Samarbejde om banktilsyn og finansiel stabilitet EMI har afholdt høringer omkring en række emner , der falder ind under de nationale centralbankers kompetence , og som berører stabiliteten af de finansielle institutioner og markeder . For det første blev der foretaget en undersøgelse af en bred vifte af emner , som kan have betydning for stabiliteten i banksektoren i EU .
In 1997 the EMI continued to receive from borrowers , namely Greece and Italy , and to pay to creditors vis-à-vis the Community the sums due in respect of interest , commission and expenses on outstanding loans . Co-operation in the field of banking supervision and financial stability The EMI held consultations on a number of issues falling within the competence of national central banks and affecting the stability of financial institutions and markets .
Undersøgelsen fokuserede på de nuværende tendenser og på den udvikling , der kan forventes på mellemlangt og langt sigt . Disse anskuedes både fra en generel synsvinkel og i relation til etableringen af ØMU .
First , a survey was conducted on a wide range of issues of potential relevance to the stability of the EU banking systems by focusing on the current trends and possible developments which are likely to occur in these systems in the medium and long term , both in general and with regard to the establishment of EMU .
For det andet undersøgtes muligheden for at anvende makroøkonomiske nøgletal i tilsynsvirksomhed , og sammenhængen mellem den makroøkonomiske udvikling og sårbarheden af såvel banksystemet generelt som de enkelte institutter .
Second , an investigation was carried out on the possible use of macroeconomic data in the supervisory process and the links between macroeconomic developments and fragility in banking systems as a whole and at the level of individual institutions .
For det tredje blev den seneste udvikling inden for praksis omkring dårlige og tvivlsomme lån undersøgt , med særlig fokus på nye tilgange baseret på statistiske metoder , med henblik på at vurdere hovedimplikationerne for tilsynsvirksomhed .
Third , the most recent developments in industry practice for bad and doubtful loans - with particular focus on the new approaches based on statistical methods - were examined with a view to assessing the main prudential supervisory implications .
For det fjerde gennemførtes de første undersøgelser af den mulige virkning af etableringen af ØMU på den nuværende tilsynspraksis i EU omkring kreditinstitutters likviditetssituation .
Fourth , a first examination was undertaken of the possible impact of the establishment of EMU on the current EU prudential supervisory regime for credit institutions » liquidity .
Endelig fortsatte koordineringen mellem EU 's kreditregistre med henblik på at gennemføre en åbning af registrene på tværs af landegrænser .
Finally , co-operation among the EU credit registers continued with a view to pursuing the objective of the opening-up of the respective registers on a crossborder basis .
Rådgivende funktioner I forbindelse med EMI 's rådgivende funktioner har EMI gennem 1997 og 1 . kvartal af 1998 givet høringssvar i 52 høringsprocedurer i henhold til artikel 109f , stk .
Advisory functions In the framework of its advisory functions , during 1997 and the first quarter of 1998 the EMI delivered opinions in fifty-two consultation procedures under Article 109f ( 6 ) and Article 5.3 of its Statute , in many cases on adaptations of statutes of NCBs under Article 108 of the Treaty .
Tilsyn med overholdelse af forbuddet mod monetær finansiering og privilegeret adgang EMI fortsatte i 1997 med at føre tilsyn med de nationale centralbankers overholdelse af deres forpligtelser i henhold til artikel 104 og 104a i traktaten og de relaterede rådsforordninger . Det konkluderedes , at traktatens krav fortsat blev respekteret af de nationale centralbanker i EU .
Monitoring of compliance with the prohibition on monetary financing and on privileged access In 1997 the EMI continued to monitor NCBs » fulfilment of their obligations under Articles 104 and 104a of the Treaty and related Council Regulations and concluded that the Treaty requirements continue to be respected by the EU NCBs .
De tilbageværende mangler , der var opstået i forbindelse med overgangen til de nye ordninger , samt tekniske problemer forbundet med gennemførelsen af nye regler , blev endeligt afhjulpet i begyndelsen af 1997 .
Remaining imperfections which had appeared in the transition to the new arrangements , as well as technical problems which had occurred in the implementation of new regulations , were finally corrected at the beginning of 1997 .
Grækenland og Italien , og betalte Fællesskabets kreditorer . Samarbejde med andre institutioner EMI har fortsat det tætte samarbejde med andre EU-institutioner inden for en række områder og på forskellige niveauer .
Co-operation with other institutions The EMI has continued its close cooperation with other bodies of the European Union in a number of forms and at various levels .
Hvad angår kontakt til institutioner uden for Fællesskabet , har koncertationsproceduren fortsat været et værdifuldt forum for udveksling af data mellem valutamarkedseksperterne .
With regard to contacts with institutions outside the Community , the « concertation procedure » has remained a valuable forum for exchanging data among foreign exchange experts . Important links