natgillin/translations-raw huggingface dataset:
For the purposes of this paragraph, the terms “payment service provider”, “payer” and “payee” shall have the meanings ascribed to them in the applicable administrative or restrictive measures.
and all other documents relating to the TIPS DCA holder's constitution, powers, and authorisations necessary or appropriate for the provision of this Opinion (hereinafter the ‘TIPS DCA holder's Documents’).
The “Non-Repudiation of Origin” (NRO) signature allows the recipient of a message to prove that such message has been issued and has not been altered.
the Terms and Conditions for the Opening and Operation of a TIPS Dedicated Cash Account (TIPS DCA) in TARGET2-ECB dated [insert date] (hereinafter the ‘Rules’); and
We have been asked to provide this Opinion as [in-house or external] legal advisers to [specify name of TIPS DCA holder or branch of TIPS DCA holder] in respect of issues arising under the laws of [jurisdiction in which the TIPS DCA holder is established; hereinafter the “jurisdiction”] in connection with the participation of [specify name of TIPS DCA holder] (hereinafter the “TIPS DCA holder”) in the TARGET2-ECB (hereinafter the “System”).
The Rules and the […] shall be referred to hereinafter as the ‘System Documents’ (and collectively with the TIPS DCA holder's Documents as the ‘Documents’).
and all other documents relating to the TIPS DCA holder's constitution, powers, and authorisations necessary or appropriate for the provision of this Opinion (hereinafter the “TIPS DCA holder's Documents”).
We have been asked as [external] legal advisers to [specify name of TIPS DCA holder or branch of TIPS DCA holder] (the ‘TIPS DCA holder’) in respect of issues arising under the laws of [jurisdiction in which the TIPS DCA holder is established; hereinafter the ‘jurisdiction’] to provide this Opinion under the laws of [jurisdiction] in connection with the participation of the TIPS DCA holder in a system which is a component of TARGET2 (hereinafter the ‘System’).
the Terms and Conditions for the Opening and Operation of a TIPS Dedicated Cash Account (TIPS DCA) in TARGET2-ECB dated [insert date] (hereinafter the “Rules”); and
The Rules and the [.] shall be referred to hereinafter as the ‘System Documents’.
The Rules and the […] shall be referred to hereinafter as the “System Documents” (and collectively with the TIPS DCA holder's Documents as the “Documents”).
The only types of insolvency proceedings (including composition or rehabilitation) which, for the purpose of this Opinion, shall include all proceedings in respect of the TIPS DCA holder's assets or any branch it may have in [jurisdiction] to which the TIPS DCA holder may become subject in [jurisdiction], are the following: [list proceedings in original language and English translation] (together collectively referred to as ‘Insolvency Proceedings’).
We have been asked as [external] legal advisers to [specify name of TIPS DCA holder or branch of TIPS DCA holder] (the “TIPS DCA holder”) in respect of issues arising under the laws of [jurisdiction in which the TIPS DCA holder is established; hereinafter the “jurisdiction”] to provide this Opinion under the laws of [jurisdiction] in connection with the participation of the TIPS DCA holder in a system which is a component of TARGET2 (hereinafter the “System”).
In addition to Insolvency Proceedings, the TIPS DCA holder, any of its assets, or any branch it may have in [jurisdiction] may become subject in [jurisdiction] to [list any applicable moratorium, receivership, or any other proceedings as a result of which payment orders to and/or from the TIPS DCA holder may be suspended, or limitations can be imposed in relation to such payment orders, or similar proceedings in original language and English translation] (hereinafter collectively referred to as ‘Proceedings’).
The Rules and the [.] shall be referred to hereinafter as the “System Documents”.
If a creditor of the TIPS DCA holder seeks an attachment order (including any freezing order, order for seizure or any other public or private law procedure that is intended to protect the public interest or the rights of the TIPS DCA holder's creditors) — hereinafter referred to as an ‘Attachment’ — under the laws of [jurisdiction] from a court or governmental, judicial or public authority that is competent in [jurisdiction], we are of the opinion that [insert the analysis and discussion].
The only types of insolvency proceedings (including composition or rehabilitation) which, for the purpose of this Opinion, shall include all proceedings in respect of the TIPS DCA holder's assets or any branch it may have in [jurisdiction] to which the TIPS DCA holder may become subject in [jurisdiction], are the following: [list proceedings in original language and English translation] (together collectively referred to as “Insolvency Proceedings”).
Change of business day in TIPS — Snapshot of balances on TIPS DCAs and generation of End-of-day files (General Ledger)
In addition to Insolvency Proceedings, the TIPS DCA holder, any of its assets, or any branch it may have in [jurisdiction] may become subject in [jurisdiction] to [list any applicable moratorium, receivership, or any other proceedings as a result of which payment orders to and/or from the TIPS DCA holder may be suspended, or limitations can be imposed in relation to such payment orders, or similar proceedings in original language and English translation] (hereinafter collectively referred to as “Proceedings”).
‘Start-of-procedure’ message and settlement of the standing orders to transfer liquidity from the PM accounts to the subaccounts/technical account (ancillary system-related settlement) & Start of liquidity transfers between TARGET2 and TIPS
If a creditor of the TIPS DCA holder seeks an attachment order (including any freezing order, order for seizure or any other public or private law procedure that is intended to protect the public interest or the rights of the TIPS DCA holder's creditors) — hereinafter referred to as an “Attachment” — under the laws of [jurisdiction] from a court or governmental, judicial or public authority that is competent in [jurisdiction], we are of the opinion that [insert the analysis and discussion].
Execution of additional liquidity transfers via the ICM for settlement procedure 6 real-time; execution of additional liquidity transfers via the ICM before the ancillary system sends the ‘start of cycle’ messages for settlement procedure 6 interfaced; settlement period of night-time ancillary system operations (only for ancillary system settlement procedure 6 real-time and settlement procedure 6 interfaced)
Change of business day in TIPS — Snapshot of balances on TIPS DCAs and generation of End-of-day files (General Ledger)
All the services provided by the TIPS network service provider to the TIPS DCA holders shall be offered under a separate agreement entered into between them and in accordance with the detailed requirements for network service providers set out in the connectivity documentation as it shall read from time to time (hereinafter the ‘connectivity documentation’).
“Start-of-procedure” message and settlement of the standing orders to transfer liquidity from the PM accounts to the subaccounts/technical account (ancillary system-related settlement) & Start of liquidity transfers between TARGET2 and TIPS
The connectivity documentation is available on the ECB's website and consists of: (a) the document entitled ‘Connectivity – technical requirements’ and the following attachments to it: ‘MEPT – Message Exchange Processing for TIPS’ and ‘NSP Compliance Check Procedure’; and (b) the TIPS connectivity hosting terms and conditions.
Execution of additional liquidity transfers via the ICM for settlement procedure 6 real-time; execution of additional liquidity transfers via the ICM before the ancillary system sends the “start of cycle” messages for settlement procedure 6 interfaced; settlement period of night-time ancillary system operations (only for ancillary system settlement procedure 6 real-time and settlement procedure 6 interfaced)
In order for a network service provider to enter into an agreement with a TIPS DCA holder as a TIPS network service provider, a compliance check of the network service provider shall be carried out to ensure that such provider is technically compliant with the requirements set out in the document ‘Connectivity – technical requirements’.
All the services provided by the TIPS network service provider to the TIPS DCA holders shall be offered under a separate agreement entered into between them and in accordance with the detailed requirements for network service providers set out in the connectivity documentation as it shall read from time to time (hereinafter the “connectivity documentation”).
The compliance check is described in further detail in the ‘NSP Compliance Check Procedure’ referred to in paragraph 2.
The connectivity documentation is available on the ECB's website and consists of: (a) the document entitled “Connectivity — technical requirements” and the following attachments to it: “MEPT — Message Exchange Processing for TIPS” and “NSP Compliance Check Procedure”; and (b) the TIPS connectivity hosting terms and conditions.
The ECB shall communicate its decision on the application to open a T2S DCA to the applicant T2S DCA holder within one month of the ECB's receipt thereof.
In order for a network service provider to enter into an agreement with a TIPS DCA holder as a TIPS network service provider, a compliance check of the network service provider shall be carried out to ensure that such provider is technically compliant with the requirements set out in the document “Connectivity — technical requirements”.
By derogation from paragraph 1, the TIPS DCA holder agrees that the ECB may disclose payment, technical or organisational information regarding the TIPS DCA holder, other TIPS DCAs held by DCA holders from the same group or the TIPS DCA holder's customers obtained in the course of the operation of TARGET2-ECB to:
The compliance check is described in further detail in the “NSP Compliance Check Procedure” referred to in paragraph 2.
The ECB may impose additional security requirements on all TIPS DCA holders and/or on TIPS DCA holders that are considered critical by the ECB.
Decision (EU) 2019/43 of the European Central Bank
Euroopa Keskpanga otsus (EL) 2019/43,
of 29 November 2018
29. november 2018,
on the national central banks' percentage shares in the key for subscription to the European Central Bank's capital and repealing Decision ECB/2013/28 (ECB/2018/27)
riikide keskpankade protsentuaalsete osade kohta Euroopa Keskpanga kapitali märkimise aluses ja otsuse EKP/2013/28 kehtetuks tunnistamise kohta (EKP/2018/27)
Having regard to the contribution of the General Council of the European Central Bank in accordance with the fourth indent of Article 46.2 of the Statute of the European System of Central Banks and of the European Central Bank,
võttes arvesse Euroopa Keskpanga üldnõukogu kaasabi kooskõlas Euroopa Keskpankade Süsteemi ja Euroopa Keskpanga põhikirja artikli 46.2 neljanda taandega
Article 29.3 of the Statute of the European System of Central Banks and of the European Central Bank (hereinafter the ‘Statute of the ESCB’) requires the capital key weightings to be adjusted every five years after the establishment of the European System of Central Banks (ESCB) by analogy with the provisions laid down in Article 29.1 of the Statute of the ESCB.
Euroopa Keskpankade Süsteemi ja Euroopa Keskpanga põhikirja (edaspidi „EKPSi põhikiri“) artikli 29.3 kohaselt tuleb kapitali märkimise osakaale korrigeerida iga viie aasta järel alates Euroopa Keskpankade Süsteemi (EKPS) asutamisest analoogia põhjal EKPSi põhikirja artikli 29.1 sätetega.
The last adjustment of the capital key weightings in accordance with Article 29.3 of the Statute of the ESCB was made in 2013 with effect from 1 January 2014.
Kapitali märkimise osakaalude viimane korrigeerimine kooskõlas EKPSi põhikirja artikliga 29.3 toimus 2013. aastal ja jõustus 1. jaanuaril 2014.
In accordance with Council Decision 2003/517/EC, the European Commission provided the European Central Bank (ECB) with the statistical data to be used in determining the adjusted capital key,
Kooskõlas nõukogu otsusega 2003/517/EÜ andis Euroopa Komisjon Euroopa Keskpangale (EKP) statistilised andmed kapitali märkimise aluse korrigeerimise määramiseks,
Where the European Commission provides revised statistical data to be used in adjusting the capital key and the figures do not total 100 %, the difference shall be compensated for: (i) if the total is below 100 %, by adding 0,0001 of a percentage point to the smallest share(s) in ascending order until exactly 100 % is reached, or (ii) if the total is above 100 %, by subtracting 0,0001 of a percentage point in descending order from the largest share(s) until exactly 100 % is reached.
Juhul kui Euroopa Komisjoni poolt kapitali märkimise aluse korrigeerimiseks antud muudetud statistika alusel saadakse numbrid, mis ei anna liitmisel 100 %, hüvitatakse vahe järgmiselt: i) kui kogusumma on alla 100 %, lisatakse 0,0001 protsendipunkti tõusvas järjekorras, alustades väikseima(te)st osa(de)st, kuni jõutakse 100 protsendini, või ii) kui kogusumma on üle 100 %, lahutatakse 0,0001 protsendipunkti langevas järjekorras, alustades suurima(te)st osa(de)st, kuni jõutakse 100 protsendini.
The weighting assigned to each NCB in the capital key described in Article 29 of the Statute of the ESCB shall be as follows with effect from 1 January 2019:
Igale RKP-le määratud EKPSi põhikirja artikli 29 kirjeldusele vastavad osakaalud kapitali märkimises on alates 1. jaanuarist 2019 järgmised:
Article 3
Käesolev otsus jõustub 1. jaanuaril 2019.
Entry into force and repeal
Otsus EKP/2013/28 tunnistatakse kehtetuks alates 1. jaanuarist 2019.
This Decision shall enter into force on 1 January 2019.
Viiteid otsusele EKP/2013/28 käsitletakse viidetena käesolevale otsusele.
Decision ECB/2013/28 is repealed with effect from 1 January 2019.
Frankfurt Maini ääres, 29. november 2018
References to Decision ECB/2013/28 shall be construed as references to this Decision.
EKP president
Done at Frankfurt am Main, 29 November 2018.
29. augusti 2013. aasta otsus EKP/2013/28 riikide keskpankade protsentuaalsete osade kohta Euroopa Keskpanga kapitali märkimise aluses (ELT L 16, 21.1.2014, lk 53).
The President of the ECB
Nõukogu 15. juuli 2003. aasta otsus 2003/517/EÜ statistiliste andmete kohta, mida kasutatakse Euroopa Keskpanga kapitali märkimise aluse kohandamisel (ELT L 181, 19.7.2003, lk 43).
Decision (EU) 2019/44 of the European Central Bank
Euroopa Keskpanga otsus (EL) 2019/44,
on the paying-up of the European Central Bank's capital by the national central banks of Member States whose currency is the euro, amending Decision ECB/2014/61 and repealing Decision ECB/2013/30 (ECB/2018/28)
Euroopa Keskpanga kapitali sissemaksmise kohta eurot rahaühikuna kasutavate liikmesriikide keskpankade poolt, otsuse EKP/2014/61 muutmise kohta ja otsuse EKP/2013/30 kehtetuks tunnistamise kohta (EKP/2018/28)
Having regard to the Statute of the European System of Central Banks and of the European Central Bank, and in particular Article 28.3 thereof,
võttes arvesse Euroopa Keskpankade Süsteemi ja Euroopa Keskpanga põhikirja, eelkõige selle artiklit 28.3,
Decision ECB/2013/30 determined how and to what extent national central banks (NCBs) of Member States whose currency is the euro (hereinafter ‘euro area NCBs’) were under an obligation to pay up the capital of the European Central Bank (ECB) from 1 January 2014.
Otsus EKP/2013/30 määras, kuidas ja millises ulatuses peavad eurot rahaühikuna kasutavate liikmesriikide keskpangad (RKPd) Euroopa Keskpanga (EKP) kapitali sisse maksma alates 1. jaanuarist 2014.
Article 2 of Decision (EU) 2015/287 of the European Central Bank (ECB/2014/61), in conjunction with Decision ECB/2013/31, determined how and to what extent Lietuvos bankas should pay up the ECB's capital from 1 January 2015 in view of Lithuania's adoption of the euro.
Euroopa Keskpanga otsuse (EL) 2015/287 (EKP/2014/61) artikkel 2 koosmõjus otsusega EKP/2013/31 määras, kuidas ja millises ulatuses peab Lietuvos bankas sisse maksma EKP kapitali 1. jaanuariks 2015 seoses euro kasutuselevõtuga Leedu poolt.
Decision (EU) 2019/43 of the European Central Bank (ECB/2018/27) provides for the adjustment of the key for subscription to the ECB's capital (hereinafter the ‘capital key’) in accordance with Article 29.3 of the Statute of the European System of Central Banks and of the European Central Bank and establishes with effect from 1 January 2019 the new weightings assigned to each NCB in the adjusted capital key (hereinafter the ‘capital key weightings’).
Euroopa Keskpanga otsus (EL) 2019/43 (EKP/2018/27) sätestab EKP kapitali märkimise aluse korrigeerimise kooskõlas Euroopa Keskpankade Süsteemi ja Euroopa Keskpanga põhikirja artikliga 29.3 ja kehtestab igale RKP-le alates 1. jaanuarist 2019 uued osakaalud kapitali märkimise korrigeeritud aluses (edaspidi „osakaalud kapitali märkimises“).
The quinquennial adjustment of the ECB's capital key requires the adoption of a new ECB decision repealing Decision ECB/2013/30 with effect from 1 January 2019, and determining how and to what extent the euro area NCBs are under an obligation to pay up the ECB's capital with effect from 1 January 2019,
Iga viie aasta järel toimuva EKP kapitali märkimise aluse korrigeerimise tõttu tuleb vastu võtta uus EKP otsus, millega tunnistatakse otsus EKP/2013/30 kehtetuks alates 1. jaanuarist 2019 ja millega määratakse, kuidas ja millises ulatuses kehtib euroala RKPde EKP kapitali sissemaksmise kohustus 1. jaanuaril 2019,
Each euro area NCB shall pay up its subscription to the ECB's capital in full with effect from 1 January 2019.
Iga euroala RKP maksab 1. jaanuariks 2019 täies ulatuses sisse tema poolt märgitud EKP kapitali.
Taking into account the capital key weightings set out in Article 2 of Decision (EU) 2019/43 (ECB/2018/27), each euro area NCB shall have a total subscribed and paid-up capital of the amount shown next to its name in the following table:
Võttes arvesse otsuse (EL) 2019/43 (EKP/2018/27) artiklis 2 sätestatud osakaale kapitali märkimises, on iga euroala RKP märgitud ja sissemakstud kapitali kogusumma osutatud tema nime kõrval järgmises tabelis:
Given that each euro area NCB has already paid up its full share in the ECB's subscribed capital as applicable until 31 December 2018 under Decision ECB/2013/30, each of them shall either transfer an additional amount to the ECB or receive an amount back from the ECB, as appropriate, in order to arrive at the amounts shown in the table in Article 1.
Kuna kõik euroala RKPd on oma osa EKP märgitud kapitalis otsuse EKP/2013/30 alusel, mida kohaldatakse kuni 31. detsembrini 2018, täies ulatuses juba sisse maksnud, peavad nad EKP-le üle kandma täiendava summa või, asjakohastel juhtudel, saama EKP-lt summa tagasi, et jõuda summadeni, mis on sätestatud artikli 1 tabelis.
All transfers pursuant to this Article shall be made in accordance with Decision (EU) 2019/45 of the European Central Bank (ECB/2018/29).
Kõik ülekanded käesoleva artikli alusel tuleb teha kooskõlas Euroopa Keskpanga otsusega (EL) 2019/45 (EKP/2018/29).
Article 2 of Decision (EU) 2015/287 (ECB/2014/61) is deleted.
Otsuse (EL) 2015/287 (EKP/2014/61) artikkel 2 jäetakse välja.
Decision ECB/2013/30 is repealed with effect from 1 January 2019.
Otsus EKP/2013/30 tunnistatakse kehtetuks alates 1. jaanuarist 2019.
References to Decision ECB/2013/30 shall be construed as references to this Decision.
Viiteid otsusele EKP/2013/30 käsitletakse viidetena käesolevale otsusele.
This Decision shall enter into force on 1 January 2019.
Käesolev otsus jõustub 1. jaanuaril 2019.
Done at Frankfurt am Main, 29 November 2018.
Frankfurt Maini ääres, 29. november 2018
Decision ECB/2013/30 of 29 August 2013 on the paying-up of the European Central Bank's capital by the national central banks of Member States whose currency is the euro (OJ L 16, 21.1.2014, p. 61).
29. augusti 2013. aasta otsus EKP/2013/30 Euroopa Keskpanga kapitali sissemaksmise kohta eurot rahaühikuna kasutavate liikmesriikide keskpankade poolt (ELT L 16, 21.1.2014, lk 61).
Decision (EU) 2015/287 of the European Central Bank of 31 December 2014 on the paying-up of capital, transfer of foreign reserve assets and contributions by Lietuvos bankas to the European Central Bank's reserves and provisions (ECB/2014/61) (OJ L 50, 21.2.2015, p. 44).
Euroopa Keskpanga 31. detsembri 2014. aasta otsus (EL) 2015/287 kapitali sissemaksmise, välisvaluutareservide ülekande ja sissemaksete kohta Euroopa Keskpanga reservidesse ja eraldistesse Lietuvos bankase poolt (EKP/2014/61) (ELT L 50, 21.2.2015, lk 44).
Decision ECB/2013/31 of 30 August 2013 on the paying-up of the European Central Bank's capital by the non-euro area national central Banks (OJ L 16, 21.1.2014, p. 63).
30. augusti 2013. aasta otsus EKP/2013/31 Euroopa Keskpanga kapitali sissemaksmise kohta euroalaväliste riikide keskpankade poolt (ELT L 16, 21.1.2014, lk 63).
Decision (EU) 2019/43 of the European Central Bank of 29 November 2018 on the national central banks' percentage shares in the key for subscription to the European Central Bank's capital and repealing Decision ECB/2013/28 (ECB/2018/27) (see page 178 of this Official Journal).
Euroopa Keskpanga 29. novembri 2018. aasta otsus (EL) 2019/43 riikide keskpankade protsentuaalsete osade kohta Euroopa Keskpanga kapitali märkimise aluses ja otsuse EKP/2013/28 kehtetuks tunnistamise kohta (EKP/2018/27) (vt käesoleva Euroopa Liidu Teataja lk 178).
Decision (EU) 2019/45 of the European Central Bank of 29 November 2018 laying down the terms and conditions for transfers of the European Central Bank's capital shares between the national central banks and for the adjustment of the paid-up capital and repealing Decision ECB/2013/29 (ECB/2018/29) (see page 183 of this Official Journal).
Euroopa Keskpanga 29. novembri 2018. aasta otsus (EL) 2019/45, millega kehtestatakse tingimused Euroopa Keskpanga kapitaliosade ülekanneteks riikide keskpankade vahel ja sissemakstud kapitali korrigeerimiseks ja otsuse EKP/2013/29 kehtetuks tunnistamise kohta (EKP/2018/29) (vt käesoleva Euroopa Liidu Teataja lk 183).
Decision (EU) 2019/45 of the European Central Bank
Eeuroopa Keskpanga otsus (EL) 2019/45,
laying down the terms and conditions for transfers of the European Central Bank's capital shares between the national central banks and for the adjustment of the paid-up capital and repealing Decision ECB/2013/29 (ECB/2018/29)
millega kehtestatakse tingimused Euroopa Keskpanga kapitaliosade ülekanneteks riikide keskpankade vahel ja sissemakstud kapitali korrigeerimiseks ja tunnistatakse kehtetuks otsus EKP/2013/29 (EKP/2018/29)
Having regard to the Statute of the European System of Central Banks and of the European Central Bank, and in particular Article 28.5 thereof,
võttes arvesse Euroopa Keskpankade Süsteemi ja Euroopa Keskpanga põhikirja, eelkõige selle artiklit 28.5,
Decision (EU) 2019/43 of the European Central Bank (ECB/2018/27) provides for the adjustment of the weightings assigned to the national central banks (NCBs) in the key for subscription to the European Central Bank's (ECB's) capital (hereinafter the ‘capital key weightings’ and the ‘capital key’ respectively).
Euroopa Keskpanga otsusega (EL) 2019/43 (EKP/2018/27) korrigeeritakse riikide keskpankadele (RKPd) määratud osakaalusid Euroopa Keskpanga (EKP) kapitali märkimise aluses (edaspidi „osakaalud kapitali märkimises“ ja „kapitali märkimise alus“).
This adjustment requires the Governing Council to determine the terms and conditions for transfers of capital shares between the NCBs that are members of the European System of Central Banks (ESCB) on 31 December 2018 in order to ensure that the distribution of these shares corresponds to the adjustments made.
Korrigeerimiseks peab EKP nõukogu määrama 31. detsembril 2018 Euroopa Keskpankade Süsteemis (EKPS) osalevate RKPde vaheliste kapitalosade ülekannete tingimused, et tagada osade jaotuse vastavus korrigeerimisele.