natgillin/translations-raw huggingface dataset:
As the competent authority to do so under Regulation (EU) No 1024/2013, the ECB has exercised a number of options and discretions available in Union law under Regulation (EU) 2016/445 of the European Central Bank (ECB/2016/4) [3] for credit institutions that are classified as significant.
Da bi nadležna tijela mogla tako postupati u skladu s Uredbom (EU) br. 1024/2013, ESB koristi brojne mogućnosti i diskrecijska prava dostupna prema pravu Unije u skladu s Uredbom (EU) 2016/445 Europske središnje banke (ESB/2016/4) [3] za kreditne institucije koje su razvrstane kao značajne.
With the aim of balancing the need for the consistent application of supervisory standards between significant and less significant institutions on the one hand with the application of the principle of proportionality on the other hand, the ECB has identified certain options and discretions among those it exercised in Regulation (EU) 2016/445 (ECB/2016/4) which should be exercised in the same way by NCAs in the supervision of less significant institutions.
U cilju usklađivanja potrebe za dosljednom primjenom nadzornih standarda između značajnih i manje značajnih institucija s jedne strane i primjene načela razmjernosti s druge strane, ESB je utvrdio određene mogućnosti i diskrecijska prava među onima koje ESB upotrebljava temeljem Uredbe (EU) 2016/445 (ESB/2016/4), a koja na isti način mogu upotrebljavati nacionalna nadležna tijela pri nadzoru manje značajnih institucija.
Options and discretions granted to competent authorities with reference to own funds and capital requirements under Article 89(3), Article 178(1)(b) and Article 282(6) of Regulation (EU) No 575/2013 of the European Parliament and of the Council [4], as well as under the transitional provisions provided for in Article 471(1) and Article 478(3)(a) and (b) of the same Regulation, have an impact on the level and quality of regulatory own funds and the capital ratios of less significant institutions.
Mogućnosti i diskrecijska prava dodijeljena nadležnim tijelima u odnosu na regulatorni kapital i kapitalne zahtjeve u skladu s člankom 89. stavkom 3., člankom 178. stavkom 1. točkom (b) i člankom 282. stavkom 6.
A prudent and consistent application of these options and discretions is necessary for several reasons.
Uredbe (EU) br. 575/2013 Europskog parlamenta i Vijeća [4] te temeljem prijelaznih odredbi iz članka 471. stavka 1. i članka 478. stavka 3. točke (a) i (b) iste Uredbe, utječu na razinu i kvalitetu regulatornog kapitala i na stope kapitala manje značajnih institucija.
It will ensure that: (a) the risks related to qualifying holdings outside the financial sector are adequately addressed; (b) the definition of default is used in a consistent manner with regard to the adequacy and comparability of own funds requirements; and (c) that own funds requirements for transactions with a non-linear risk profile or for payment legs and transactions with debt instruments as underlying for which the institution cannot determine the delta or the modified duration are calculated in a prudent way.
Razborita i dosljedna primjena ovih mogućnosti i diskrecijskih prava potrebna je iz nekoliko razloga.
The harmonised application of transitional provisions related to the deduction of equity holdings in insurance companies and deferred tax assets will ensure that the more rigorous definition of regulatory capital introduced by Regulation (EU) No 575/2013 is implemented by all credit institutions in the participating Member States within an adequate period of time.
To će osigurati da se (a) rizici povezani s kvalificiranim udjelima izvan financijskog sektora razmatraju na odgovarajući način, (b) definicija statusa neispunjavanja obveze koristi na dosljedan način u odnosu na adekvatnost i usporedivost kapitalnih zahtjeva, i (c) na razborit način izračunavaju kapitalni zahtjevi za transakcije s nelinearnim profilom rizika ili za novčane strane transakcije i transakcije s dužničkim instrumentima kao osnovicom za koju institucija ne može utvrditi deltu ili modificirano trajanje.
Options and discretions in relation to the exemption of exposures from the application of the large exposure limits set out in Article 395(1) of Regulation (EU) No 575/2013 should be consistently applied to both significant institutions and less significant institutions to establish a level playing field for credit institutions in the participating Member States, limit concentration risks arising from specific exposures, and ensure that the same minimum standards are applied across the SSM for the assessment of compliance with the conditions specified in Article 400(3) of the same Regulation.
Usklađena primjena prijelaznih odredbi povezanih s odbitkom ulaganja u kapital društava za osiguranje i odgođenom poreznom imovinom osigurat će da u primjerenom razdoblju sve kreditne institucije u državama članicama sudionicama primjenjuju strože definicije regulatornog kapitala uvedene Uredbom (EU) br. 575/2013.
In particular, concentration risks arising from covered bonds falling within the terms of Article 129(1), (3) and (6) of Regulation (EU) No 575/2013 and exposures to or guaranteed by regional governments or local authorities of Member States, where those claims would be assigned a 20 % risk weight under Part Three, Title II, Chapter 2 of Regulation (EU) No 575/2013, should be limited.
Mogućnosti i diskrecijska prava u odnosu na izuzeća izloženosti od primjene ograničenja velike izloženosti iz članka 395. stavka 1.
For intragroup exposures, including participations or other kinds of holdings, it needs to be ensured that the decision to fully exempt these exposures from the application of the large exposure limits is based on a thorough assessment as specified in Annex I to Regulation (EU) 2016/445 (ECB/2016/4).
Uredbe (EU) br. 575/2013 potrebno je dosljedno primjenjivati na značajne i manje značajne institucije radi uspostavljanja podjednakih konkurentskih uvjeta za kreditne institucije u državama članicama sudionicima, ograničavanja koncentracijskog rizika koji proizlazi iz specifičnih izloženosti i radi osiguravanja primjene istih minimalnih standarda unutar SSM-a za ocjenu usklađenosti s uvjetima navedenim u članku 400. stavku 3. navedene Uredbe.
The application of common criteria for the assessment of whether an exposure, including participations or other kinds of holdings, to regional or central credit institutions with which the credit institution is associated in a network in accordance with legal or statutory provisions and which are responsible, under those provisions, for cash-clearing operations within the network, meets the conditions for an exemption from the large exposure limits as specified in Annex II to Regulation (EU) 2016/445 (ECB/2016/4) is warranted.
Posebno, trebao bi biti ograničen koncentracijski rizik koji proizlazi iz pokrivenih obveznica obuhvaćenih uvjetima iz članka 129. stavaka 1., 3. i 6.
Such application should ensure that significant and less significant institutions associated in the same network are treated in a consistent way.
Uredbe (EU) br. 575/2013 i izloženosti prema regionalnoj (lokalnoj) državi ili lokalnim tijelima država članica, ili iz izloženosti za koje ona jamče, kada bi tim potraživanjima trebao biti dodijeljen ponder rizika od 20 % u skladu s dijelom trećim, glavom II., poglavljem 2.
The exercise of the option provided for in Article 400(2) of Regulation (EU) No 575/2013 as set out in this Guideline should only apply if the relevant Member State has not exercised the option provided for in Article 493(3) of Regulation (EU) No 575/2013.
Uredbe (EU) br. 575/2013.
Options and discretions granted to competent authorities under Article 24(4) and (5) of Commission Delegated Regulation (EU) 2015/61 [5] for the calculation of outflows from stable retail deposits covered by a deposit guarantee scheme (DGS) in order to calculate liquidity coverage requirements should be consistently exercised for significant and less significant institutions in order to ensure identical treatment of credit institutions in the same DGS,
Za izloženosti unutar grupe, uključujući sudjelujuće udjele ili druge vrste ulaganja, potrebno je osigurati da se odluka o potpunom isključenju ove izloženosti iz primjene ograničenja velike izloženosti temelji na detaljnoj ocjeni kako je navedeno u Prilogu I. Uredbi (EU) 2016/445 (ESB/2016/4).
HAS ADOPTED THIS GUIDELINE:
Jamči se primjena zajedničkih kriterija za procjenu udovoljava li izloženost, uključujući sudjelujuće udjele ili druge vrste ulaganja prema regionalnim ili središnjim kreditnim institucijama s kojima je kreditna institucija povezana u mrežu u skladu sa zakonskim odredbama i koje su odgovorne temeljem tih odredbi za poslove poravnanja gotovinskih transakcija unutar mreže, uvjetima za izuzeće od ograničenja velike izloženosti kako je navedeno u Prilogu II.
CHAPTER I
Uredbi (EU) 2016/445 (ESB/2016/4).
GENERAL PROVISIONS
Takva primjena trebala bi osigurati da se sa značajnim i manje značajnim institucijama povezanim u istu mrežu postupa na jedinstven način.
Article 1
Upotreba mogućnosti iz članka 400 stavka 2.
Subject matter and scope
Uredbe (EU) br. 575/2013 kako je navedena u ovoj Smjernici trebala bi se primjenjivati samo ako odgovarajuća država članica nije upotrijebila mogućnost iz članka 493. stavka 3.
This Guideline specifies certain of the options and discretions of general application conferred on competent authorities under Union law concerning prudential requirements, the exercise of which by the NCAs in relation to the less significant institutions shall be fully aligned to the ECB's exercise of the relevant options and discretions in Regulation (EU) 2016/445 (ECB/2016/4).
Uredbe (EU) br. 575/2013.
Article 2
Mogućnosti i diskrecijska prava dodijeljena nadležnim tijelima na temelju članka 24. stavka 4. i 5.
Definitions
Delegirane uredbe Komisije (EU) 2015/61 [5] za izračun odljeva iz stabilnih depozita stanovništva obuhvaćenih sustavom osiguranja depozita (SOD) radi izračuna zahtjeva za likvidnosnu pokrivenost trebala bi biti dosljedno upotrijebljena za značajne i manje značajne kreditne institucije radi osiguravanja istovjetnog postupanja s kreditnim institucijama u istom SOD-u,
For the purposes of this Guideline, the definitions contained in Article 4 of Regulation (EU) No 575/2013, Article 2 of Regulation (EU) No 1024/2013, Article 2 of Regulation (EU) No 468/2014 (ECB/2014/17) and Article 3 of Delegated Regulation (EU) 2015/61 shall apply.
DONIJELO JE OVU SMJERNICU:
CHAPTER II
POGLAVLJE I.
EXERCISE OF OPTIONS AND DISCRETIONS IN RELATION TO LESS SIGNIFICANT INSTITUTIONS REQUIRING FULL ALIGNMENT WITH THE LAW APPLICABLE TO SIGNIFICANT INSTITUTIONS
OPĆE ODREDBE
SECTION I
Članak 1.
Own funds
Predmet i područje primjene
Article 3
Ova Smjernica utvrđuje određene mogućnosti i diskrecijska prava opće primjene dana nadležnim tijelima na temelju prava Unije u vezi s bonitetnim zahtjevima, upotreba kojih od strane nacionalnih nadležnih tijela u odnosu na manje značajne institucije je u potpunosti u skladu s upotrebom odgovarajućih mogućnosti i diskrecijskih prava od strane ESB-a iz Uredbe (EU) 2016/445 (ESB/2016/4).
Article 89(3) of Regulation (EU) No 575/2013: risk weighting and prohibition of qualifying holdings outside the financial sector
Članak 2.
Without prejudice to Article 90 of Regulation (EU) No 575/2013 and for the purpose of calculating the capital requirements in accordance with Part Three of Regulation (EU) No 575/2013, NCAs shall require less significant institutions to apply a risk weight of 1250 % to the greater of the following:
Definicije
the amount of qualifying holdings in undertakings referred to in Article 89(1) of Regulation (EU) No 575/2013 in excess of 15 % of the eligible capital of the credit institution; and
Za potrebe ove Smjernice primjenjuju se definicije sadržane u članku 4.
the total amount of qualifying holdings in undertakings referred to in Article 89(2) of Regulation (EU) No 575/2013 that exceeds 60 % of the eligible capital of the credit institution.
Uredbe (EU) br. 575/2013, članku 2.
SECTION II
Uredbe (EU) br. 1024/2013, članku 2.
Capital requirements
Uredbe (EU) br. 468/2014 (ESB/2014/17) i članku 3.
Article 4
Delegirane uredbe (EU) 2015/61.
Article 178(1)(b) of Regulation (EU) No 575/2013: default of an obligor
POGLAVLJE II.
NCAs shall require less significant institutions to apply the ‘more than 90 days past due’ standard for the categories of exposures specified in Article 178(1)(b) of Regulation (EU) No 575/2013.
UPOTREBA MOGUĆNOSTI I DISKRECIJSKIH PRAVA U ODNOSU NA MANJE ZNAČAJNE INSTITUCIJE KOJA ZAHTIJEVA POTPUNU USKLAĐENOST S PRAVOM KOJE SE PRIMJENJUJE NA ZNAČAJNE INSTITUCIJE
Article 5
ODJELJAK I.
Article 282(6) of Regulation (EU) No 575/2013: hedging sets
Regulatorni kapital
For the transactions referred to in Article 282(6) of Regulation (EU) No 575/2013, NCAs shall require less significant institutions to use the mark-to-market method set out in Article 274 of Regulation (EU) No 575/2013.
Članak 3.
SECTION III
Članak 89. stavak 3.
Large exposures
Uredbe (EU) br. 575/2013: ponderiranje rizikom i zabrana kvalificiranih udjela izvan financijskog sektora
Article 6
Ne dovodeći u pitanje članak 90.
Article 400(2) of Regulation (EU) No 575/2013: exemptions
Uredbe (EU) br. 575/2013 te za potrebe izračuna kapitalnih zahtjeva u skladu s dijelom trećim Uredbe (EU) br. 575/2013, nacionalna nadležna tijela zahtijevaju od manje značajnih institucija da primjenjuju ponder rizika od 1250 % na veći od sljedećih iznosa:
NCAs shall exercise the option with regard to exemptions provided for in Article 400(2) of Regulation (EU) No 575/2013 in relation to less significant institutions in accordance with this Article and the Annex.
iznos kvalificiranih udjela u društvima iz članka 89. stavka 1.
The exposures listed in Article 400(2)(a) of Regulation (EU) No 575/2013 shall be exempted from the application of Article 395(1) of that Regulation for 80 % of the nominal value of the covered bonds, provided that the conditions set out in Article 400(3) of that Regulation are fulfilled.
Uredbe (EU) br. 575/2013 koji prelazi 15 % priznatog kapitala kreditne institucije; i
The exposures listed in Article 400(2)(b) of Regulation (EU) No 575/2013 shall be exempted from the application of Article 395(1) of that Regulation for 80 % of their exposure value, provided that the conditions set out in Article 400(3) of that Regulation are fulfilled.
ukupni iznos kvalificiranih udjela u društvima iz članka 89. stavka 2.
The exposures listed in Article 400(2)(d) of Regulation (EU) No 575/2013 shall be exempted in full from the application of Article 395(1) of that Regulation, provided that the conditions set out in Article 400(3) of that Regulation, as further specified in the Annex to this Guideline, are fulfilled.
Uredbe (EU) br. 575/2013 koji prelazi 60 % priznatog kapitala kreditne institucije.
The exposures listed in Article 400(2)(e) to (k) of Regulation (EU) No 575/2013 shall be exempted in full, or in the case of Article 400(2)(i) they shall be exempted up to the maximum allowed amount, from the application of Article 395(1) of that Regulation, provided that the conditions set out in Article 400(3) of that Regulation are fulfilled.
ODJELJAK II.
NCAs shall require less significant institutions to assess whether the conditions specified in Article 400(3) of Regulation (EU) No 575/2013, as well as in the Annex to this Guideline applicable to the specific exposure, are fulfilled.
Kapitalni zahtjevi
The NCA may verify this assessment at any time and request less significant institutions to submit the documentation referred to in the Annex for this purpose.
Članak 4.
This Article shall only apply where the relevant Member State has not exercised the option under Article 493(3) of Regulation (EU) No 575/2013 to grant a full or partial exemption for the specific exposure.
Članak 178. stavak 1. točka (b) Uredbe (EU) br. 575/2013: status neispunjavanja obveza dužnika
SECTION IV
Nacionalna nadležna tijela zahtijevaju od manje značajnih institucija da primjenjuju standard „neispunjavanja dospjele obveze više od 90 dana” za kategorije izloženosti utvrđene u članku 178. stavku 1. točki (b) Uredbe (EU) br. 575/2013.
Liquidity
Članak 5.
Article 7
Članak 282. stavak 6.
Article 24(4) and (5) of Delegated Regulation (EU) 2015/61: outflows from stable retail deposits
Uredbe (EU) br. 575/2013: skupovi za zaštitu
NCAs shall require less significant institutions to multiply by 3 % the amount of stable retail deposits covered by a deposit guarantee scheme as referred to in Article 24(4) of Delegated Regulation (EU) 2015/61, provided that the Commission has given its prior approval in accordance with Article 24(5) of that Delegated Regulation certifying that all the conditions of Article 24(4) have been fulfilled.
Za transakcije navedene u članku 282. stavku 6.
SECTION V
Uredbe (EU) br. 575/2013, nacionalna nadležna tijela zahtijevaju od manje značajnih institucija da upotrebljavaju metodu tržišne vrijednosti utvrđenu u članku 274.
Transitional provisions of Regulation (EU) No 575/2013
Uredbe (EU) br. 575/2013.
Article 8
ODJELJAK III.
Article 471(1) of Regulation (EU) No 575/2013: exemption from deduction of equity holdings in insurance companies from Common Equity Tier 1 items
Velike izloženosti
During the period from 1 January to 31 December 2018, NCAs may permit less significant institutions not to deduct equity holdings in insurance undertakings, reinsurance undertakings and insurance holding companies from Common Equity Tier 1 items in accordance with Article 471(1) of Regulation (EU) No 575/2013.
Članak 6.
From 1 January 2019, NCAs shall require less significant institutions to deduct equity holdings in insurance undertakings, reinsurance undertakings and insurance holding companies from Common Equity Tier 1 items.
Članak 400. stavak 2.
This Article applies without prejudice to decisions taken by the NCAs pursuant to Article 49(1) of Regulation (EU) No 575/2013.
Uredbe (EU) br. 575/2013: izuzeća
Article 9
Nacionalna nadležna tijela upotrebljavaju mogućnost u odnosu na izuzeća iz članka 400. stavka 2.
Article 478(3)(a) and (b) of Regulation (EU) No 575/2013: applicable percentages for deduction from Common Equity Tier 1 items of significant investments in financial sector entities and deferred tax assets that rely on future profitability
Uredbe (EU) br. 575/2013 u odnosu na manje značajne institucije u skladu s ovim člankom i prilogom.
NCAs shall exercise the option with regard to the applicable percentages for deduction from Common Equity Tier 1 items of significant investments in financial sector entities and deferred tax assets that rely on future profitability provided for in Article 478(3)(a) and (b) of Regulation (EU) No 575/2013 as follows:
Izloženosti navedene u članku 400. stavku 2. točki (a) Uredbe (EU) br. 575/2013 izuzete su od primjene članka 395. stavka 1. te Uredbe za 80 % nominalne vrijednosti pokrivenih obveznica, ako su ispunjeni uvjeti iz članka 400. stavka 3. te Uredbe.
for the purposes of Article 478(1) of Regulation (EU) No 575/2013, the applicable percentage for the purposes of Article 469(1)(a) and (c) of that Regulation shall be 100 % from 1 January 2018;
Izloženosti navedene u članku 400. stavku 2. točki (b) Uredbe (EU) br. 575/2013 izuzete su od primjene članka 395. stavka 1. te Uredbe za 80 % svoje vrijednosti izloženosti, ako su ispunjeni uvjeti utvrđeni člankom 400. stavkom 3. te Uredbe.
for the purposes of Article 478(2) of Regulation (EU) No 575/2013, the applicable percentage shall be 100 % from 1 January 2018;
Izloženosti navedene u članku 400. stavku 2. točki (d) Uredbe (EU) br. 575/2013 u potpunosti su izuzete od primjene članka 395. stavka 1. te Uredbe, ako su ispunjeni uvjeti utvrđeni člankom 400. stavkom 3. te Uredbe, kako je dalje utvrđeno u Prilogu ovoj Smjernici.
by way of derogation from point (b), where, pursuant to Article 478(2) of Regulation (EU) No 575/2013, national law provides for a 10-year phase-out period, the applicable percentage shall be:
Izloženosti navedene u članku 400. stavku 2. točkama od (e) do (k) Uredbe (EU) br. 575/2013 u potpunosti su izuzete, ili u slučaju članka 400. stavka 2. točke (i), izuzete su do najviše dozvoljenog iznosa od primjene članka 395. stavka 1. te Uredbe, ako su ispunjeni uvjeti utvrđeni člankom 400. stavkom 3. te Uredbe.
80 % during the period from 1 January to 31 December 2018; and
Nacionalna nadležna tijela zahtijevaju od manje značajnih institucija da ocijene jesu li ispunjeni uvjeti utvrđeni u članku 400. stavku 3.
100 % from 1 January 2019;
Uredbe (EU) br. 575/2013 i u odgovarajućem prilogu ovoj Smjernici, koji se primjenjuju na određenu izloženost.
NCAs shall not apply points (b) and (c) to less significant institutions which, on the date on which this Guideline takes effect, are subject to restructuring plans approved by the Commission;
Nacionalno nadležno tijelo može provjeriti tu ocjenu u svako doba i zahtijevati od manje značajnih institucija da u tu svrhu dostave dokumentaciju navedenu u prilogu.
where a credit institution falling within the scope of point (d) is acquired by or merges with another credit institution while the restructuring plan is still in operation without modification concerning the prudential treatment of deferred tax assets, NCAs shall apply the exception in point (d) to the acquiring credit institution, new credit institution resulting from the merger or credit institution incorporating the original credit institution, to the same extent that it applied to the acquired, merged or incorporated credit institution;
Ovaj se članak primjenjuje samo ako odgovarajuća država članica nije upotrijebila mogućnost u skladu s člankom 493. stavkom 3.
in the event of an unforeseen increase in the impact of the deductions provided for in points (b) and (c) which the NCA determines is material, less significant institutions shall be allowed not to apply points (b) or (c);
Uredbe (EU) br. 575/2013 kako bi dodijelila potpuno ili djelomično izuzeće za određenu izloženost.
where points (b) and (c) do not apply, NCAs shall require less significant institutions to apply national legislative provisions;
ODJELJAK IV.
This Article is without prejudice to national law existing prior to the date on which this Guideline takes effect, provided that such law sets percentages that are higher than those specified in points (a) to (c).
Likvidnost
CHAPTER III
Članak 7.
FINAL PROVISIONS
Članak 24. stavci 4. i 5.
Article 10
Delegirane uredbe (EU) 2015/61: odljevi iz stabilnih depozita stanovništva
Taking effect and implementation
Nacionalna nadležna tijela zahtijevaju od manje značajnih institucija da pomnože s 3 % iznos stabilnih depozita stanovništva obuhvaćenih sustavom osiguranja depozita kako je navedeno u članku 24. stavku 4.
This Guideline shall take effect on the day following that of its publication in the Official Journal of the European Union.
Delegirane uredbe (EU) 2015/61, ako je Komisija dala svoje prethodno odobrenje u skladu s člankom 24. stavkom 5. te Delegirane uredbe kojim se potvrđuje da su ispunjeni svi uvjeti iz članka 24. stavka 4.
The NCAs shall comply with this Guideline from 1 January 2018, except for Article 7 which they shall comply with from 1 January 2019.
ODJELJAK V.
Article 11
Prijelazne odredbe Uredbe (EU) br. 575/2013
Addressees
Članak 8.
This Guideline is addressed to the NCAs of participating Member States.
Članak 471. stavak 1.
Done at Frankfurt am Main, 4 April 2017.
Uredbe (EU) br. 575/2013: izuzeće od odbitka ulaganja u kapital društava za osiguranje od stavki redovnog osnovnog kapitala
For the Governing Council of the ECB
Tijekom razdoblja od 1. siječnja 2018. do 31. prosinca 2018. nacionalna nadležna tijela mogu dozvoliti manje značajnim institucijama da ne odbijaju ulaganja u kapital društava za osiguranje, društava za reosiguranje i osigurateljne holdinge od stavki redovnog osnovnog kapitala u skladu s člankom 471. stavkom 1.
The President of the ECB
Uredbe (EU) br. 575/2013.
OJ L 287, 29.10.2013, p. 63.
Od 1. siječnja 2019. nacionalna nadležna tijela zahtijevaju od manje značajnih institucija da odbiju ulaganja u kapital društava za osiguranje, društava za reosiguranje i osigurateljne holdinge od stavki redovnog osnovnog kapitala.