natgillin/translations-raw huggingface dataset:
The Authority thus welcomes the commitments by Arion Bank relating to facilitating the switching between banks and providing basic payment processing services.
2009. aastal olid Islandi ametiasutused sunnitud lahendama Saga Capital Investment Banki, 2011. aastal aga eluasemerahastamisfondi finantsraskusi.
The Authority is of the view that those measures, in conjunction with the agreement between the three major banks and ICA on RB mentioned above ensure that smaller market participants can access the most essential infrastructure and services at reasonable prices without the larger players being able to block their access.
Näitena krooni väärtuse hüppelisest langusest võib tuua asjaolu, et euro kuu keskmine vahetuskurss Islandi krooni suhtes kasvas 90,71 Islandi kroonilt 2007. aasta detsembris 184,64 Islandi kroonile 2009. aasta novembris,
The Authority is of the view that this will reduce the barriers to entry for future (potential) market participants, and could allow existing smaller players to expand their market shares if they are able to offer better services than their larger competitors.
Ajavahemikus 2009–2011 oli investeeringute osakaal SKPs üksnes 13–14 %.
Moreover, all the measures aimed at facilitating switching will contribute to fiercer competition between the existing large players, and could contribute to prevent or dissolve a situation of potential collective dominance.
Kaubandusbilanss kajastab kaupade ja teenuste ekspordi- ja imporditulu vahet.
Lastly, Arion Bank commits to sell, as soon as possible, shareholdings in operating companies which have been taken over due to restructuring in line with Article 22 of the Act on financial undertakings No 161/2002, commits to follow the procedure and time-limits which are set out in this provision and as interpreted by the FME, and will maintain up-to-date information on its website or of a subsidiary on subsidiaries and shareholdings that are held for sale.
Vt selle kohta nt majandusministri 2012. aasta märtsi aruannet Islandi parlamendile Islandi finantssüsteemi tuleviku kohta.
The Authority welcomes Arion Bank's commitment to divest as soon as possible all companies and shareholdings that are not related to its core business, not at least because of viability concerns.
Ministeeriumi arvamuse kohaselt kujutab nimetatud aruanne tõuget teadvustatud arutelu pidamiseks sel olulisel teemal, kuna selles ei ole esitatud valmis ettepanekud, vaid visandatud põhiküsimused ja antud ülevaade rahvusvahelise arengu taustal.
Whilst the Authority is of the view that it is self-evident that the Bank needs to respect domestic legal obligations such as Article 22 of the Act on financial undertaking, it takes note of this commitment and draws the Icelandic authorities' and beneficiaries' attention to the fact that in this regard a breach of national law might also entail a misuse of aid.
Aruanne on kättesaadav aadressil http://eng.efnahagsraduneyti.is/media/Acrobat/Future-Structure.pdf.
The Authority moreover considers that by having to include information about foreseen divestments and sales on its website, more transparency about the current ownership situation in the Icelandic economy is introduced.
Hoiuste tagamise skeemi puhul tavatingimuste juurde naasmine ei tähenda üksnes riigi tagatise kadumist, vaid ka seda, et üle vaadatakse erakorraliste olukordade seaduse sätted, mille kohaselt on seadusega tagatud hoiustel finantsasutuse likvideerimise menetluses prioriteet.
This remedies, at least to some extent, this particular competition concern that currently characterises Iceland's markets.
Vt joonealuses märkuses nr 23 osutatud majandusministri aruande peatükk 9.
On the basis of all of the above, given in particular the specific situation in Iceland and the fact that the Authority considers that the above measures address the main competition issues that the Authority has identified in collaboration with the ICA, and taking into account the overriding objective of financial stability, the Authority concludes that the commitments limit distortions of competition to a satisfactory degree.
Aruande esitamise ajal moodustas majandusminister ka pangaekspertide rühma, millesse kuulus väliseksperte, ning tegi sellele ülesandeks koostada ettepanekud laiapõhjalise õigus- ja reguleeriva raamistiku rajamiseks kogu Islandi finantsturu jaoks.
The restructuring aid therefore complies with section 4 of the Restructuring Guidelines.
Sama aruande järgi kavatsevad Islandi ametiasutused kaaluda ka muid valikuid, sealhulgas investeerimis- ja kommertspangandustegevuse võimalikku lahutamist üksteisest, finantsstabiilsust käsitleva õigustiku vastuvõtmist ning finantsteenuseid reguleerivate organite vastutuse jagamise muutmist.
CONCLUSION
Ühtlasi nähtub Islandi ametiasutuste avaldustest, et olenemata sellest, kas Islandist saab Euroopa Liidu liige või mitte, on endiselt päevakorras rahapoliitika raamistiku läbivaatamine ning muude võimaluste leidmine majandusjuhtimise parandamiseks ja selle tagamiseks, et reguleerivad asutused suudaksid näha üldpilti ja kohaldaksid tõhusalt asjakohaseid makrotasandi usaldatavuse vahendeid.
The Authority therefore approves the aid measures as restructuring aid compatible with the functioning of the EEA Agreement pursuant to Article 61(3)(b) EEA subject to Iceland and Arion Bank adhering to the commitments as set out in the Annex,
Alates 2008. aasta sügisest kadusid turult mitmed finantsasutused (lisaks endistele suurtele kommertspankadele Glitnirile, Kaupthingile ja Landsbankile): Sparisjóðabanki Íslands (endine Icebank), the Reykjavik Savings Bank (SPRON), Sparisjóður Mýrasýslu (Myrasysla Savings Bank, SPM), VBS Investment Bank ja Askar Capital Investment Bank.
HAS ADOPTED THIS DECISION:
Märkimisväärselt on vähenenud Straumur-Burdaras Investment Banki ja Saga Capital Investment Banki tehingud.
Article 1
aprillil 2011 kiideti panga aktsionäride koosolekul heaks leping endise MP panga Islandi ja Leedu filiaalide müügiks, kusjuures üle 40 uue aktsionäri investeeris panga uude osakapitali 5,5 miljardit Islandi krooni.
The initial operating capital, the (temporary) full state capitalisation, the retention by the State of the 13 % share capital and the Tier-II capital granted to Arion Bank as well as the special liquidity facility, the SPRON swap agreement and the unlimited deposit guarantee constitute state aid within the meaning of Article 61(1) of the EEA Agreement.
Endise panga muud filiaalid jäid eelmistele omanikele ja moodustati uus juriidiline isik, EA fjárfestingarfélag hf.
Article 2
Üksikasjalikuma teabe saamiseks vaata MP Banki 11. aprilli 2011. aasta pressiteated, mis on kättesaadavad aadressidel https://www.mp.is/um-mp-banka/utgefid-efni/frettir/nr/1511 ja https://www.mp.is/um-mp-banka/utgefid-efni/frettir/nr/1510.
The measures enumerated in Article 1 constitute unlawful state aid from the dates of their implementation to the date of this decision in view of the failure by the Icelandic authorities to comply with the requirement to notify the Authority before implementing the aid in accordance with Article 1(3) of Part I of Protocol 3.
Kokkuleppe kohaselt võtsid serverikeskus ja selle omanikud mitmeid kohustusi, mille eesmärk oli vältida serverikeskuse tehingutest ja selle omanike koostööst tekkida võivat konkurentsi moonutamist.
The measures enumerated in Article 1 are compatible with the functioning of the EEA agreement pursuant to Article 61(3)(b) EEA subject to adhering to the commitments as set out in the Annex.
Serverikeskuse omanikud võtsid kohustuse teha korrapäraselt teatava osaluse müügipakkumisi, et hõlbustada muude kui finantsasutuste osaluse kasvu serverikeskuse kapitalis.
The authorisation for the unlimited deposit guarantee expires at the end of 2014.
Pakkumiskutsed tuli koostada iga kahe aasta järel, kuni vähemalt kolmandik serverikeskuse aktsiakapitalist on müüdud muudele kui olemasolevatele aktsionäridele või lastud müüki aktsiamüügi enampakkumise teel.
Article 4
Islandi konkurentsiamet kasutab äriettevõttes omatava osa kohta terminit „tegutsev äriühing”, et tähistada panga poolt tavaliselt muus kui finantsettevõtjas saavutatud osalust oma laenuportfelli ümberkorraldamise tulemusel võlakirjade vahetamise näol aktsiate vastu või muul viisil.
This Decision is addressed to the Republic of Iceland.
Seepärast nimetab järelevalveamet sama terminiga sellise reaalmajanduse ettevõtjat, mis ei kuulu finantsurul panga põhitegevuse hulka.
Only the English language version of this decision is authentic.
Põhilised tütarettevõtjad on järgmised (põhitegevusala ja panga aktsiaosalus on märgitud sulgudes): AFL-sparisjóður (hoiupank, 94.45 %), Verdis hf.
Done at Brussels, 11 July 2012.
(väärtpaberite hoiustamine, 100 %), KB ráðgjöf ehf.
For the EFTA Surveillance Authority
(kindlustus- ja pensionitoodete müük, 100 %), Gen hf.
President
(osalus rahvusvahelistes ettevõtlusfondides, 100 %), Okkar Líftryggingar hf.
College Member
(kindlustusettevõtja — era- ja elukindlustus; 100 %), Sparisjóður Ólafsfjarðar (hoiupank, 99,99 %), Stefnir hf.
This document is made available for information purposes only.
(eurofondide haldusettevõtja, 100 %) ja Valitor Holding hf.
In this public version, some information has been omitted so as not to divulge confidential information.
(makseteenuseid osutav ettevõtja, 52,94 %).
This is denoted by […] or a range in square brackets providing for a non-confidential approximation of the relevant figure.
Pank eristab siinkohal kolme liiki varasid.
The Authority's Decision No 492/10/COL, opening the formal investigation procedure into state aid granted in the restoration of certain operations of (old) Kaupthing Bank hf and the establishment and capitalisation of New Kaupthing Bank hf (now renamed Arion Bank hf) OJ C 41, 10.2.2011, p. 7 and EEA Supplement to the Official Journal No 7, 10.2.2011, p. 1.
Esiteks panga varahaldusettevõtja Eignabjarg ehf., mis haldab aktsiaid panga poolt üle võetud elujõulistes tegutsevates äriühingutes.
Further information on the procedure leading up to the Authority's Decision No 492/10/COL, can be found in the procedure part of the decision.
See hõlmab osalust järgmistes ettevõtjates (põhitegevus ja panga aktsiaosalus on märgitud sulgudes): Hagar hf.
Corrected by the interested parties on 25 May 2012.
(Islandil tegutsev äriettevõte, 5,98 %), Penninn á Íslandi ehf.
Regarding the competitive situation in the Icelandic banking sector and possible competition remedies, the Authority has cooperated with the Icelandic Competition Authority (ICA).
(kirja- ja kontoritarvetega tegelev jaemüügiettevõte, 100 %), Reitir fasteignafélag hf.
The SIC's members were Supreme Court Judge, Mr Páll Hreinsson; Parliamentary Ombudsman of Iceland, Mr Tryggvi Gunnarsson; and Mrs Sigríður Benediktsdóttir Ph.D., lecturer and associate chair at Yale University, USA.
(Eignabjarg hf. sidusühing, mis on spetsialiseerunud kinnisvarale, 42,65 %) ja Fram Foods ehf.
The report is available in full in Icelandic at: http://rna.althingi.is/ and parts translated into English (including the Executive Summary and the chapter on the causes of the collapse of the banks) are available at: http://sic.althingi.is/
(toiduainetööstus, 100 %).
Icelandic króna.
Teiseks, müügiks hoitud vara, sealhulgas osalus järgmistes ettevõtjates: Langalína 2 ehf.
Lending to foreign parties increased by 11,4 billion euros from 9,3 billion euros to 20,7 billion euros in six months.
(valdusühing, 100 %), Umtak fasteignafélag ehf.
Chapter 21.2.1.2 of the Report.
(kinnisvara, 100 %), EAB 2 ehf.
Exista, Exista Trading, Bakkavör Group, Bakkavor Finance Ltd, Bakkabraedur Holding B.V., Lýsing, Síminn, Skipti and other related companies.
(toiduainetööstus, 100 %), Farice ehf.
More than half of such loans granted from the beginning of 2007 until the collapse of the bank, were granted without collateral.
(naaberriikidega ühise veealuse andmekaabli haldamine, 43,47 %), Sementsverksmiðjan ehf.
The minutes of the loan committee of Kaupthing Bank's board state, inter alia, that the bank often lent money to Tchenguiz in order for him to meet margin calls from other banks as his companies declined.
(tsemenditootmine ja -import, 33 %), HB Grandi hf.
Chapter 21.2.1.4 of the Report.
(kalapüügiettevõte, 33 %) ja GO fjárfestingar ehf.
It was in fact the then coalition Government's stated policy to encourage more growth and to incentivise the banks to remain headquartered in Iceland.
(seenetööstus, 30 %).
Chapter 2, page 5 of the report.
Kolmandaks hoitakse varasid ajutiste tehingute kujul aktsiatena järgmistes ettevõtjates: Landey (tulu mittetootvate kinnisvaraobjektidega tegelev valdusettevõtja, 100 %), Landfestar (haldusettevõtja, mis tegeleb Arion Banki poolt finantsraskustes olevatelt klientidelt omandatud ärikinnisvaraga, 100 %), Rekstrarfélagið Braut ehf.
For further general details of the measures taken by the Icelandic authorities see the report of the Minister of Finance to the Parliament on the resurrection of the commercial banks of May 2011 (Skýrsla fjármálaráðherra um endurreisn viðskiptabankanna), available at http://www.althingi.is/altext/139/s/pdf/1213.pdf
(seafarm, 100 %), NS 1 ehf.
Act No 125/2008 on the Authority for Treasury Disbursements due to Unusual Financial Market Circumstances etc.
(maaomandid, puhkekodude rentimine, 100 %), Módelhús ehf.
See also FME's Annual Report 2009 (July 2008-June 2009), available at http://en.fme.is/media/utgefid-efni/FME-Annual-Report-2009.pdf
(kinnisvara, 100 %), EAB 1 ehf.
Further takeovers of financial undertakings were to follow.
(maa ja kinnisvara, 100 %), Andvaka ehf.
In March 2009, the FME took control of the operations of three financial undertakings; Straumur-Burdaras, the Reykjavik Savings Bank (SPRON) and Sparisjodabanki Íslands (Icebank), and decided on the disposal of the assets and liabilities of those undertakings.
(äri- ja juhtimisalane nõustamine, 50,11 %), Klakki ehf.
While a composition agreement with Straumur's creditors was later approved, SPRON and Sparisjodabanki were submitted to a winding-up procedure.
(endine Exista — valdusettevõtja, 44,9 %), Ölgerðin Egill Skallagrímsson ehf.
Other financial undertakings were also severely affected by the collapse of the three main commercial banks and prevailing uncertainties in financial markets, and further financial undertakings were made subject to public administration in 2010.
(karastus- ja muude jookide tootmine, turustamine ja müük, 20 %) ja SMI ehf.
Thus, the FME appointed a provisional board of directors for VBS Investment Bank in March 2010.
(kinnisvara, 39,1 %).
In April 2010, the FME took control of Keflavík Savings Bank and Byr Savings Bank, determining that their operations would be taken over by new financial undertakings, SpKef Savings Bank and Byr hf, respectively.
Alates asutamisest on Arion Banki põhilised finantsnäitajad märkimisväärselt muutunud, kuid siiski on kohane võrrelda kahte panka ajaliselt lähestikuste andmete alusel.
As the financial conditions of these new undertakings turned out to be worse than initially anticipated, SpKef was later merged with Landsbankinn, by decision of the FME, and Byr hf. was merged with Íslandsbanki, following a tender for the shares in Byr.
Käesolevaga juhitakse tähelepanu asjaolule, et Kaupthing oli eri riikides tegutsev rahvusvaheline pank, Arion Bank asutati aga Kaupthing Banki teatavate kodumaiste tehingute ja vara ülevõtmiseks.
The Icelandic authorities were furthermore called upon, in 2009, to address the financial difficulties of Saga Capital Investment Bank and, in 2011, the Housing Financing Fund.
Muutused on ärisegmenditi erinevad ning teatavates valdkondades on kahanemine olnud kuni 90 %.
As an example of the scale of the sharp depreciation, the monthly average exchange rate of the euro to the Icelandic króna rose from 90,71 ISK in December 2007 to 184,64 ISK November 2009.
Märkimisväärselt vähendati tegevjuhi haldusala töötajaskonda — kui Kaupthingi Islandi töötajatest töötas tegevjuhi haldusalas 6 %, siis Arion Banki vastav näitaja on 1 %.
During the years 2009-2011, the share of investments in GDP has been only 13-14 %.
Siiski formuleeriti kokkulepped alles 8. jaanuaril 2010, kui Kaupthing võttis oma võlausaldajate nimel oma tütarettevõtja Kaupskil ehf. kaudu üle Arion Banki omandiõiguse, pärast finantsjärelevalveameti ja Islandi konkurentsiameti heakskiitu.
Trade balance refers to the difference in earnings from exports and imports of goods and services.
Kaupskil omab 87 % põhiomavahenditest ning Islandi riiklik finantsinvesteeringute asutus (ISFI) 13 %.
It does not include the balance on primary income from abroad, which has been negative in past years, particularly since 2008.
Kaupskilil on võimalus osta valitsuse osalus hiljem tagasi.
This implies that despite the surplus on the trade balance, Iceland's overall current account has been negative during recent years although declining sharply since 2009.
Selles jaotises on rahalised väärtused esitatud kõigepealt rahaühikutes, milles kapital anti, ning seejärel sulgudes võrdlusena vastav summa Islandi kroonides või eurodes (vastavalt vajadusele), kui Islandi ametiasutused on need andmed esitanud.
On this subject see for instance the report of the Minister of Economic Affairs to the Althingi of March 2012, Future Structure of the Icelandic Financial System.
Valitsuse omandiõiguse kokkuleppe alusel, mis ei teostunud, oleks valitsus olnud jätkuvalt panga täielik omanik, juhul kui Kaupthingi kriisilahenduskomisjon oleks otsustanud mitte võtta kontrolli Arion Banki üle.
According to the ministry, this report is seen as a catalyst to an informed discussion of this important subject as it does not present fully formed proposals but sets out the main issues and outlook with reference to international developments.
Hüvitise oleks sellisel juhul maksnud Arion Bankile ka Kaupthing ja samas vormis nagu ühist kapitaliseerimist käsitleva kokkuleppe alusel, st hüvitise summaks oleks arvutatud 38 miljardit Islandi krooni.
The report is available at http://eng.efnahagsraduneyti.is/media/Acrobat/Future-Structure.pdf
Kaupthingile oleks lisaks antud võimalus omandada valitsuse aktsiaosalus ajavahemikul 2011–2015 hinnaga, mis annaks valitsusele asjakohase tasu tema investeeringute eest.
Bringing deposit guarantees back to normal conditions does not only relate to abolishing the state backing of such guarantees, but also to review the provisions in the Emergency Act according to which deposits which enjoy deposit guarantees by law have priority in the winding-up of a financial undertaking.
ELT L 84, 26.3.1997, lk 22.
This comprises a considerable advantage for depositors, not least while the 2008 banking collapse is still fresh in people's minds.
ELT L 135, 31.5.1994, lk 5.
This provision is on the other hand likely to represent a handicap for the banks to diversify their funding arrangement.
Vt 2011. aasta eelarveseadust käsitleva ettepaneku vastavat jaotist aadressil: http://hamar.stjr.is/Fjarlagavefur-Hluti-II/GreinargerdirogRaedur/Fjarlagafrumvarp/2011/Seinni_hluti/Kafli_8.htm.
See Chapter 9 of the report of the Minister of Economic Affairs referred to in footnote 23.
Morgunblaðið's (www.mbl.is) 10. juunil 2012 tehtud avalduse mitteametlik järelevalveameti poolne tõlge.
When presenting that report, the Minister of Economic Affairs also appointed a group of banking experts, with participation of foreign experts, to prepare proposals on a comprehensive legal and regulatory framework for the financial market in Iceland as a whole.
Pooltevahelise lahkarvamuse osas võlakirja intressimäära üle pöörduti esialgu finantsjärelevalveameti poole.
According to the same report, the Icelandic authorities also foresee to study other future options, including the possible separation of investment and commercial banking activities, the adoption of a financial stability legislation and possible amendment of the division of responsibility of financial services regulatory bodies.
Finantsjärelevalveamet otsustas 5. juunil 2009, et sellises olukorras on asjakohaseks määraks REIBORi määr + 1,75 %.
It is also clear from the statements of the Icelandic authorities that a review of the monetary policy framework remains on the agenda, with or without the possibility that Iceland will become a member of the European Union, as well as other possible means to improve economic management and ensure that regulators ‘see the forest for the trees’ and effectively apply the most appropriate macro-prudential tools.
Oma otsuses teatas finantsjärelevalveamet, et ta vaatab oma otsuse poolte taotlusel iga kuue kuu tagant läbi.
See Chapter 6 of the report by the Minister of Economic Affairs to the Althingi, The Future Structure of the Icelandic Financial System, available at http://eng.efnahagsraduneyti.is/publications/news/nr/3559
Vaidlus esitati hiljem siiski kohtusse ja ei ole käesoleval hetkel veel lahendust leidnud.
Since autumn 2008, several financial undertakings have disappeared from the market (in addition to the ‘old’ big commercial banks, Glitnir, Kaupthing and Landsbanki): Sparisjóðabanki Íslands (formerly Icebank), the Reykjavik Savings Bank (SPRON), Sparisjóður Mýrasýslu (Myrasysla Savings Bank, SPM), VBS Investment Bank and Askar Capital Investment Bank.
Arion Banki 2011. aasta aruande kohaselt taotles Drómi 2. detsembri 2009. aasta kirjas, et finantsjärelevalveamet vaataks oma eelneva intressimäära käsitleva otsuse läbi.
The operations of Straumur-Burdaras Investment Bank and Saga Capital Investment Bank have also diminished significantly.
Finantsjärelevalveamet otsustas 4. veebruaril 2011, et võlal peaks olema aastane intressimäär, milleks peaks olema esialgne intressimäär pluss esialgne intressipreemia alates ülevõtmise kuupäevast kuni 30. juunini 2010, kuid intressipreemia tuleks sellest hetkest kaotada, kui võlg on täielikult tasutud.
On 11 April 2011, a contract for the sale of (old) MP bank's operations in Iceland and Lithuania was approved at the bank's shareholder meeting, when over 40 new shareholders invested 5,5 billion ISK in new shares in the bank.
Rahandusministeerium leppis kokku Arion Bankile riigivõlakirjade laenamises, mida aktsepteeritakse likviidsuse tagamise vahendite saamiseks Islandi keskpangaga teostatavate repotehingute kaudu, vastavalt Islandi keskpanga kehtivatele eeskirjadele.
Other operations of the old bank remained with the previous owners and were transferred to a new legal entity, EA fjárfestingarfélag hf.
Riigivõlakirjade turuväärtus on maksimaalselt 75 miljardit Islandi krooni.
For further details, see MP bank's press releases of 11 April 2011 available at https://www.mp.is/um-mp-banka/utgefid-efni/frettir/nr/1511 and https://www.mp.is/um-mp-banka/utgefid-efni/frettir/nr/1510
Arion Bankil ei ole lubatud riigivõlakirju müüa või kasutada neid muul eesmärgil, kui on kokkuleppes sätestatud.
According to the settlement, RB and its owners have agreed to a number of commitments aimed at preventing distortions of competition resulting from RB's operations and the cooperations of its owners.
Kui Arion Bank kasutab SPRONi võlakirja vastutagatisena oma riigivõlakirjade laenu tagamiseks, ei maksa Arion kuni 25 miljardi Islandi krooni kasutuselevõtmise eest tasu, kuid ülejäänud vahendi kasutuselevõtmise eest maksab ta 1,75 % teenustasu, et saada luba riigivõlakirjade tagatiseks andmiseks.
The commitments require, inter alia, that RB shall be operated on general commercial terms independent from its owners and the majority of RB's board shall be composed of specialists independent from the owners, access to the systems and services provided by RB shall be provided on a non-discriminatory basis and the terms of services provided by RB shall be the same irrespective of whether or not the client is a shareholder in RB.
Siiski ei maksa Arion teenustasu, kui ta suudab selgelt tõestada, et laenust üle 25 miljardi Islandi krooni on seotud SPRONi hoiuste väljavõtmisega.
Existing owners of RB have committed to offer regularly for sale part of their holdings in RB, with the aim of facilitating non-financial undertakings to acquire ownership in RB.
Kui Arion kasutab oma laenu tagamiseks vastutagatisena muud vara kui SPRONi võlakiri, tõuseb teenustasu 3 %-le laenusummast, mis anti üksnes seoses kõnealuse tagatisega.