natgillin/translations-raw huggingface dataset:
The NCBs' share of the book value of purchases of marketable debt securities eligible under the PSPP shall be 90 %, and the remaining 10 % shall be purchased by the ECB.
Kõikide PSPP tingimustele vastavate turukõlblike võlaväärtpaberite ostude bilansilise väärtuse osa on RKPde jaoks 90 % ja ülejäänud 10 % ostab EKP.
The distribution of purchases across jurisdictions shall be in accordance with the key for subscription of the ECB's capital as referred to in Article 29 of the Statute of the ESCB.’.
Jurisdiktsioonide osas toimub jaotus EKP kapitali märkimise aluse kohaselt vastavalt EKPSi põhikirja artiklile 29.“
It shall apply from 19 April 2016.
EKP president
Done at Frankfurt am Main, 18 April 2016.
Euroopa Keskpanga otsus (EL) 2015/774, 4. märts 2015, avaliku sektori varade järelturult ostmise kava kohta (EKP/2015/10) (ELT L 121, 14.5.2015, lk 20).
The President of the ECB
Euroopa Keskpanga suunis (EL) 2015/510, 19. detsember 2014, eurosüsteemi rahapoliitika raamistiku rakendamise kohta (EKP/2014/60) (ELT L 91, 2.4.2015, lk 3).
Decision (EU) 2015/774 of the European Central Bank of 4 March 2015 on a secondary markets public sector asset purchase programme (ECB/2015/10) (OJ L 121, 14.5.2015, p. 20).
Euroopa Keskpanga suunis EKP/2014/31, 9. juuli 2014, täiendavate ajutiste meetmete kohta seoses eurosüsteemi refinantseerimisoperatsioonide ja tagatise kõlblikkusega ning millega muudetakse suunist EKP/2007/9 (ELT L 240, 13.8.2014, lk 28).“
Guideline (EU) 2015/510 of the European Central Bank of 19 December 2014 on the implementation of the Eurosystem monetary policy framework (ECB/2014/60) (OJ L 91, 2.4.2015, p. 3).
Käesolev otsus jõustub 19. aprillil 2016.
Guideline ECB/2014/31 of the European Central Bank of 9 July 2014 on additional temporary measures relating to Eurosystem refinancing operations and eligibility of collateral and amending Guideline ECB/2007/9 (OJ L 240, 13.8.2014, p. 28).’;
Seda kohaldatakse alates 19. aprillist 2016.
Decision (EU) 2016/821 of the European Central Bank
Euroopa Keskpanga otsus (EL) 2016/821,
of 26 April 2016
26. aprill 2016,
amending Decision ECB/2007/7 concerning the terms and conditions of TARGET2-ECB (ECB/2016/9)
millega muudetakse otsust EKP/2007/7 TARGET2-ECB tingimuste kohta (EKP/2016/9)
Guideline (EU) 2016/579 of the European Central Bank (ECB/2016/6) [1] has amended Guideline ECB/2012/27 [2] with a view to clarifying the scheme by which national central banks (NCBs) provide auto-collateralisation services and settlement in central bank money.
Euroopa Keskpanga suunisega (EL) 2016/579 (EKP/2016/6) [1] muudeti suunist EKP/2012/27, [2] et täpsustada skeemi, mille alusel riikide keskpangad (RKPd) osutavad automaatse tagatise seadmise teenuseid ja arveldavad keskpangarahas.
These clarifications follow on from amendments introduced by Guideline (EU) 2015/930 of the European Central Bank (ECB/2015/15) [3], which amended Guideline ECB/2012/27 to introduce Dedicated Cash Accounts and auto-collateralisation services with regard to the operation of TARGET2-Securities (T2S).
Need täpsustused tulenevad Euroopa Keskpanga suunisega (EL) 2015/930 (EKP/2015/15) [3] kehtestatud muudatustest, kui suunist EKP/2012/27 muudeti eriotstarbelise rahakonto ja automaatse tagatise seadmise teenuste sätestamiseks seoses TARGET2-Securities (T2S) käitamisega.
Guideline (EU) 2016/579 (ECB/2016/6) has also introduced amendments to Guideline ECB/2012/27 on a number of policy issues, including the treatment of TARGET2 participants subject to resolution proceedings, from the perspective of their TARGET2 participation.
Suunisega (EL) 2016/579 (EKP/2016/6) muudeti suunist EKP/2012/27 ka seoses poliitikaküsimustega, näiteks kriisilahenduses menetletavate TARGET2 osalejate käsitlemine seoses nende osalemisega TARGET2s.
To reflect the foregoing amendments to Guideline ECB/2012/27, Decision ECB/2007/7 [4], which is concerned with the terms and conditions of TARGET2-ECB, should be amended accordingly,
Suunise EKP/2012/27 eespool osutatud muudatustega seoses tuleb vastavalt muuta TARGET2-ECB tingimusi käsitlevat otsust EKP/2007/7 [4],
Annexes I and II to Decision ECB/2007/7 are amended in accordance with the Annex to this Decision.
Otsuse EKP/2007/7 I ja II lisa muudetakse kooskõlas käesoleva otsuse lisaga.
This Decision shall enter into force on 16 May 2016.
Käesolev otsus jõustub 16. mail 2016.
Done at Frankfurt am Main, 26 April 2016.
Frankfurt Maini ääres, 26. aprill 2016
Guideline (EU) 2016/579 of the European Central Bank of 16 March 2016 amending Guideline ECB/2012/27 on a Trans-European Automated Real-time Gross settlement Express Transfer system (TARGET2) (ECB/2016/6) (OJ L 99, 15.4.2016, p. 21).
Europa Keskpanga 16. märtsi 2016. aasta suunis (EL) 2016/579, millega muudetakse suunist EKP/2012/27 üleeuroopalise automatiseeritud reaalajalise brutoarvelduste kiirülekandesüsteemi (TARGET2) kohta (EKP/2016/6) (ELT L 99, 15.4.2016, lk 21).
Guideline ECB/2012/27 of the European Central Bank of 5 December 2012 on a Trans-European Automated Real-time Gross settlement Express Transfer system (TARGET2) (OJ L 30, 30.1.2013, p. 1).
5. detsembri 2012. aasta suunis EKP/2012/27 üleeuroopalise automatiseeritud reaalajalise brutoarvelduste kiirülekandesüsteemi (TARGET2) kohta (ELT L 30, 30.1.2013, lk 1).
Guideline (EU) 2015/930 of the European Central Bank of 2 April 2015 amending Guideline ECB/2012/27 on a Trans-European Automated Real-time Gross settlement Express Transfer system (TARGET2) (ECB/2015/15) (OJ L 155, 19.6.2015, p. 38).
Euroopa Keskpanga 2. aprilli 2015. aasta suunis (EL) 2015/930, millega muudetakse suunist EKP/2012/27 üleeuroopalise automatiseeritud reaalajalise brutoarvelduste kiirülekandesüsteemi (TARGET2) kohta (EKP/2015/15) (ELT L 155, 19.6.2015, lk 38).
Decision ECB/2007/7 of 24 July 2007 concerning the terms and conditions of TARGET2-ECB (OJ L 237, 8.9.2007, p. 71).
24. juuli 2007. aasta ptsus EKP/2007/7 TARGET2-ECB tingimuste kohta (ELT L 237, 8.9.2007, lk 71).
Annex I to Decision ECB/2007/7 is amended as follows:
Otsuse EKP/2007/7 I lisa muudetakse järgmiselt:
in Article 1, the following definition is replaced:
artiklis 1 asendatakse järgmine mõiste:
“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 receipt of a valid direct debit instruction from a payee,’;
‘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 receipt of a valid direct debit instruction from a payee,“;
Article 28 is amended as follows:
artiklit 28 muudetakse järgmiselt:
the following sentence is added at the end of paragraph 1:
lõike 1 lõpus lisatakse järgmine lause:
‘For the purposes of this paragraph, the taking of resolution action within the meaning of Directive 2014/59/EU of the European Parliament and of the Council against a PM account holder shall not automatically qualify as the opening of insolvency proceedings.(ii) paragraph 4(a) is replaced by the following:
„For the purposes of this paragraph, the taking of resolution action within the meaning of Directive 2014/59/EU of the European Parliament and of the Council against a PM account holder shall not automatically qualify as the opening of insolvency proceedings.ii) lõike 4 punkt a asendatakse järgmisega:
In the event that the ECB suspends or terminates a PM account holder's participation in TARGET2-ECB under paragraph 1 or 2, the ECB shall immediately inform, by means of an ICM broadcast message or a T2S broadcast message, that PM account holder, other CBs and PM account holders and DCA holders in all of the TARGET2 component systems of such suspension or termination.
In the event that the ECB suspends or terminates a PM account holder's participation in TARGET2-ECB under paragraph 1 or 2, the ECB shall immediately inform, by means of an ICM broadcast message or a T2S broadcast message, that PM account holder, other CBs and PM account holders and DCA holders in all of the TARGET2 component systems of such suspension or termination.
Such message shall be deemed to have been issued by the home CB of the PM account holder and DCA holder that receives the message.’;
Such message shall be deemed to have been issued by the home CB of the PM account holder and DCA holder that receives the message.“;
paragraph 4(b) is deleted;
lõike 4 punkt b jäetakse välja;
in Article 32, paragraph 1 is replaced by the following:
artikli 32 lõige 1 asendatakse järgmisega:
The ECB shall keep confidential all sensitive or secret information, including when such information relates to payment, technical or organisational information belonging to the participant, participants from the same group or the participant's customers, unless the participant or its customer has given its written consent to disclose.’;
The ECB shall keep confidential all sensitive or secret information, including when such information relates to payment, technical or organisational information belonging to the participant, participants from the same group or the participant's customers, unless the participant or its customer has given its written consent to disclose.“;
in Appendix II, paragraph 3(a)(ii) is replaced by the following:
II liite punkti 3 alapunkti a alajaotis ii asendatakse järgmisega:
Any interest or charges resulting from the placing of any non-settled payment orders on deposit with the Eurosystem shall be deducted from, or charged to, the amount of any compensation, as the case may be; and’;
Any interest or charges resulting from the placing of any non-settled payment orders on deposit with the Eurosystem shall be deducted from, or charged to, the amount of any compensation, as the case may be; and“;
in Appendix IV, paragraph 4 is amended as follows:
IV liite punkti 4 muudetakse järgmiselt:
In the event that the operation of the SSP or the T2S Platform, as referred to in Annex II, is relocated from one region (Region 1) to another region (Region 2), the participants shall endeavour to reconcile their positions up to the point of the failure or the occurrence of the abnormal external events and provide to the ECB all relevant information in this respect.’;
In the event that the operation of the SSP or the T2S Platform, as referred to in Annex II, is relocated from one region (Region 1) to another region (Region 2), the participants shall endeavour to reconcile their positions up to the point of the failure or the occurrence of the abnormal external events and provide to the ECB all relevant information in this respect.“;
Where a PM to DCA liquidity transfer order is debited on the participant's PM account on the SSP in Region 1, but, after reconciliation, is not shown as debited on the SSP in Region 2, the CB responsible for the participant shall debit the participant's PM account in Region 2 to return the participant's PM account balance to the level it had prior to the relocation.’;
Where a PM to DCA liquidity transfer order is debited on the participant's PM account on the SSP in Region 1, but, after reconciliation, is not shown as debited on the SSP in Region 2, the CB responsible for the participant shall debit the participant's PM account in Region 2 to return the participant's PM account balance to the level it had prior to the relocation.“;
in Appendix IV, paragraph 8(c) is replaced by the following:
IV liite punkti 8 alapunkt c asendatakse järgmisega:
Any costs incurred by the participants as a result of such testing or other arrangements shall be borne solely by the participants.’;
Any costs incurred by the participants as a result of such testing or other arrangements shall be borne solely by the participants.“;
in Appendix VI, the following text is added:
VI liites lisatakse järgmine tekst:
A fixed monthly fee of EUR 1000 to be charged to each ancillary system (Fixed Fee I).
A fixed monthly fee of EUR 1000 to be charged to each ancillary system (Fixed Fee I).
A second monthly fixed fee of between EUR 417 and EUR 8334, in proportion to the underlying gross value of the ancillary system's euro cash settlement transactions (Fixed Fee II).
A second monthly fixed fee of between EUR 417 and EUR 8334, in proportion to the underlying gross value of the ancillary system's euro cash settlement transactions (Fixed Fee II):
Per business item in any A2A report generated
Per queried business item in any A2A query generated
Per queried business item in any U2A query generated and downloaded
Per transmission.“
Per transmission’;
Otsuse EKP/2007/7 II lisa muudetakse järgmiselt:
Annex II to Decision ECB/2007/7 is amended as follows:
artiklis 1 asendatakse järgmised mõisted:
in Article 1, the following definitions are replaced:
‘auto-collateralisation’ means intraday credit granted by the euro area national central bank (NCB) in central bank money triggered when a DCA holder has insufficient funds to settle securities transactions, whereby such intraday credit is collateralised either with the securities being purchased (collateral on flow), or with securities already held by the DCA holder (collateral on stock).
“auto-collateralisation” means intraday credit granted by the euro area national central bank (NCB) in central bank money triggered when a DCA holder has insufficient funds to settle securities transactions, whereby such intraday credit is collateralised either with the securities being purchased (collateral on flow), or with securities already held by the DCA holder (collateral on stock).
For the purposes of Article 16, all three transactions are deemed to have been entered into the system and deemed to be irrevocable at the same time as the transaction for the granting of the auto-collateralisation,“;
For the purposes of Article 16, all three transactions are deemed to have been entered into the system and deemed to be irrevocable at the same time as the transaction for the granting of the auto-collateralisation,’;
‘Main PM account’ means the PM account to which a DCA is linked and to which any remaining balance will be automatically repatriated at the end of the day,“;
“Main PM account” means the PM account to which a DCA is linked and to which any remaining balance will be automatically repatriated at the end of the day,’;
artikli 16 lõige 3 asendatakse järgmisega:
The introductory paragraph of Article 16(3) is replaced by the following:
„An agreement is to be signed between the Eurosystem CBs and the connected NCBs, on the one hand, and all CSDs participating in T2S, on the other hand, on the exchange of information in the event of the insolvency of a participant, and the liability of each of the signatories to the agreement.
‘An agreement is to be signed between the Eurosystem CBs and the connected NCBs, on the one hand, and all CSDs participating in T2S, on the other hand, on the exchange of information in the event of the insolvency of a participant, and the liability of each of the signatories to the agreement.
Two weeks after the ECB has confirmed to all of the agreement'ůs signatories that procedures for the exchange of the abovementioned information have been established and approved by all parties thereto, the rules provided for in paragraph 2 shall be replaced by the following,“;
Two weeks after the ECB has confirmed to all of the agreement's signatories that procedures for the exchange of the abovementioned information have been established and approved by all parties thereto, the rules provided for in paragraph 2 shall be replaced by the following:’;
artiklit 24 muudetakse järgmiselt:
Article 24 is amended as follows:
„For the purposes of this paragraph, the taking of resolution action within the meaning of Directive 2014/59/EU against a DCA holder shall not automatically qualify as the opening of insolvency proceedings.“;
‘For the purposes of this paragraph, the taking of resolution action within the meaning of Directive 2014/59/EU against a DCA holder shall not automatically qualify as the opening of insolvency proceedings’;
lõige 4 asendatakse järgmisega:
In the event that the ECB suspends or terminates a DCA holder's participation in TARGET2-ECB under paragraph 1 or 2, the ECB shall immediately inform, by means of an ICM broadcast message or a T2S broadcast message, that DCA holder, other CBs and DCA holders and PM account holders in all of the TARGET2 component systems of such suspension or termination.
IV liite punkti 7 alapunkt b asendatakse järgmisega:
Such a message shall be deemed to have been issued by the home CB of the DCA holder and PM account holder that receives the message.’;
Any costs incurred by the DCA holders as a result of such testing or other arrangements shall be borne solely by the DCA holders.“;
in Appendix IV, paragraph 7(b) is replaced by the following:
VI liide asendatakse järgmisega:
Any costs incurred by the DCA holders as a result of such testing or other arrangements shall be borne solely by the DCA holders.’;
„APPENDIX VI
Appendix VI is replaced by the following:
Per transmission“.
‘APPENDIX VI
Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (OJ L 173, 12.6.2014, p. 190).“;
Per transmission’.
Intra-balance movement (i.e. blocking, unblocking, reservation of liquidity etc.)
Decision (EU) 2016/810 of the European Central Bank
Euroopa Keskpanga otsus (EL) 2016/810,
on a second series of targeted longer-term refinancing operations (ECB/2016/10)
suunatud pikemaajaliste refinantseerimisoperatsioonide teise seeria kohta (EKP/2016/10)
Decision ECB/2014/34 [1] provides for a series of targeted longer-term refinancing operations (TLTROs) to be conducted over a period of two years from 2014 to 2016.
Otsus EKP/2014/34 [1] näeb ette suunatud (sihtotstarbeliste) pikemaajaliste refinantseerimisoperatsioonide teostamise kahe aasta jooksul 2014 kuni 2016.
On 10 March 2016, in pursuing its price stability mandate, the Governing Council decided to launch a new series of four targeted longer-term refinancing operations (TLTROs-II), with the aim of further easing private sector credit conditions and stimulating credit creation.
Hindade stabiilsuse säilitamise pädevuse teostamisel otsustas EKP nõukogu 10. märtsil 2016 alustada nelja suunatud pikemaajalise refinantseerimisoperatsiooni uut seeriat (TLTRO-II) eesmärgiga veelgi pehmendada erasektori krediiditingimusi ja stimuleerida krediidiloomet.
The TLTROs-II are intended to strengthen the transmission of monetary policy by further incentivising bank lending to the non-financial private sector, i.e. households and non-financial corporations, in Member States whose currency is the euro.
Eeldatakse, et TLTRO-II tugevdab rahapoliitika ülekandumist, motiveerides pankade laenuandmist erasektori mittefinantsasutustele, s.o kodumajapidamistele ja mittefinantsettevõtetele, liikmesriikides, mille rahaühik on euro.
This measure is not intended to support bank lending to households for the purposes of house purchases.
Meetme eesmärk ei ole toetada pankade laenuandmist kodumajapidamistele eluaseme ostude eesmärgil.
Eligible lending to the non-financial private sector in the context of this measure therefore excludes loans to households for the purposes of house purchases.
Seetõttu jätab kõlblik laenuandmine erasektori mittefinantsasutustele selle meetme raames välja laenud kodumajapidamistele eluaseme ostude eesmärgil.
In conjunction with other non-standard measures in place, TLTROs-II aim to contribute to a return of inflation rates to levels below, but close to, 2 % over the medium term.
Koosmõjus muude kehtivate mittestandardsete meetmetega on TLTRO-II eesmärk keskpikas perspektiivis tagasi pöörduda 2 %st allpool, kuid selle lähedal oleva inflatsioonitaseme juurde.
As with the first series of TLTROs, in order to facilitate the participation of institutions that, for organisational reasons, borrow from the Eurosystem by means of a group structure, participation in TLTROs-II will be possible on a group basis where there is an institutional basis for group treatment.
Nagu ka suunatud pikemaajaliste refinantseerimisoperatsioonide esimese seeria puhul, on TLTRO-IIs võimalik osaleda grupina, kui grupina käsitlemiseks on institutsionaalne alus, kuna see lihtsustab TLTRO-IIs osalemist asutuste jaoks, kes korralduslikel kaalutlustel laenavad eurosüsteemilt grupistruktuuri vahendusel.
Group participation will be conducted through one specific group member and where prescribed conditions have been fulfilled.
Grupina osalemine toimub ühe konkreetse grupiliikme kaudu, kui ettenähtud tingimused on täidetud.
Moreover, in order to address the issues related to intra-group liquidity distribution, in the case of groups that are established on the basis of close links between members, all group members will have to formally confirm in writing their participation in the group.
Kui tegemist on gruppidega, kes on asutatud märkimisväärse seosega liikmete vahel, peavad kõik grupi liikmed grupisisese likviidsuse jaotusega seotud probleemide käsitlemiseks kirjalikult kinnitama oma osalemist grupist.
A TLTRO group that was recognised for the purposes of TLTROs pursuant to Decision ECB/2014/34 may participate in TLTROs-II as a TLTRO-II group subject to certain procedures concerning notification and recognition.
Suunatud pikemaajalise refinantseerimisoperatsiooni grupp, mida tunnustati suunatud pikemaajaliste refinantseerimisoperatsioonide eesmärgil otsuse EKP/2014/34 alusel, võib osaleda TLTRO-IIs teatavat teavitamise ja tunnustamise menetlust järgides TLTRO-II-grupina.
The overall amount that may be borrowed under all TLTROs-II will be determined on the basis of a participant's total amount of eligible loans to the non-financial private sector outstanding as at 31 January 2016, less any amount previously borrowed by the TLTRO-II participant under the first two TLTROs conducted in September and December 2014 pursuant to Decision ECB/2014/34 and still outstanding on the settlement date of a TLTRO-II.
Kogusumma, mida on võimalik TLTRO-II alusel laenata, määratakse osaleja kõlblike laenude kogusumma jäägi alusel erasektori mittefinantsasutustele 31. jaanuaril 2016, millest lahutatakse TLTRO-II osaleja poolt esimeses ja teises suunatud pikemaajalises refinantseerimisoperatsioonis septembris ja detsembris 2014 otsuse EKP/2014/34 alusel varem laenatud summa, mis on TLTRO-II arvelduspäeval veel tagasi maksmata.
The interest rate applicable to each TLTRO-II will be determined based on the lending history of the participant in the period 1 February 2016 to 31 January 2018 in accordance with the principles set out in this Decision.
Iga TLTRO-II suhtes kohaldatav intressimäär määratakse osaleja laenukäitumise alusel ajavahemikus 1. veebruarist 2016 kuni 31. jaanuarini 2018 kooskõlas käesolevas otsuses sätestatud põhimõtetega.
Starting 24 months after the settlement of each TLTRO-II, participants will have the option to repay amounts allotted in accordance with prescribed procedures on a quarterly basis.
24 kuud pärast iga TLTRO-II arveldamist on osalejatel võimalus ettenähtud korras määratud summad kord kvartalis tagasi maksta.
Institutions that wish to participate in TLTROs-II will be subject to certain reporting requirements.
TLTRO-IIs osaleda soovivate asutuste suhtes kohaldatakse teatavaid aruandlusnõudeid.
The reported data will be used: (a) in determining the borrowing allowance; (b) in calculating the applicable benchmark; (c) to assess participants' performance against their benchmarks; and (d) for other analytical purposes as required for performing Eurosystem tasks.
Esitatud andmeid kasutatakse järgmiseks: a) laenuvõtmise piirmäära kindlaksmääramine, b) kohaldatava võrdlusaluse arvutamine, c) osaleja käitumise hindamine võrdlusaluse suhtes ja d) muud analüütilised eesmärgid, mis on nõutavad eurosüsteemi ülesannete täitmiseks.