natgillin/translations-raw huggingface dataset:
Regulation (EU) No 468/2014 of the European Central Bank of 16 April 2014 establishing the framework for cooperation within the Single Supervisory Mechanism between the European Central Bank and national competent authorities and with national designated authorities (SSM Framework Regulation) (ECB/2014/17) (OJ L 141, 14.5.2014, p. 1).
Primjena ovog članka bez utjecaja je na odluke koje su nacionalna nadležna tijela donijela sukladno članku 49. stavku 1.
Regulation (EU) 2016/445 of the European Central Bank of 14 March 2016 on the exercise of options and discretions available in Union law (ECB/2016/4) (OJ L 78, 24.3.2016, p. 60).
Uredbe (EU) br. 575/2013.
Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p. 1).
Članak 9.
Commission Delegated Regulation (EU) 2015/61 of 10 October 2014 to supplement Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to liquidity coverage requirement for credit institutions (OJ L 11, 17.1.2015, p. 1).
Članak 478. stavak 3. točka (a) i (b) Uredbe (EU) br. 575/2013: primjenjivi postoci za odbitak od stavki redovnog osnovnog kapitala značajnih ulaganja u subjekte financijskog sektora i odgođenu poreznu imovinu koja ovisi o budućoj profitabilnosti
ANNEX
Nacionalna nadležna tijela upotrebljavaju mogućnost u odnosu na primjenjive postotke za odbitak od stavki redovnog osnovnog kapitala značajnih ulaganja u subjekte investicijskog sektora i odgođenu poreznu imovinu koja ovisi o budućoj profitabilnosti iz članka 478. stavka 3. točaka (a) i (b) Uredbe (EU) br. 575/2013 kako slijedi:
Conditions for assessing an exemption from the large exposure limit, in accordance with Article 400(2)(d) of Regulation (EU) No 575/2013 and Article 6(c) of this Guideline
Za potrebe članka 478. stavka 1.
NCAs shall require less significant institutions to take the following criteria into account when assessing whether an exposure referred to in Article 400(2)(d) of Regulation (EU) No 575/2013 meets the conditions for an exemption from the large exposure limit, in accordance with Article 400(3) of Regulation (EU) No 575/2013.
Uredbe (EU) br. 575/2013, primjenjivi postotak za potrebe članka 469. stavka 1. točaka (a) i (c) te Uredbe iznosi 100 % od 1. siječnja 2018.
for the purpose of assessing whether the specific nature of the exposure, the regional or central body or the relationship between the credit institution and the regional or central body eliminate or reduce the risk of the exposure, as provided for in Article 400(3)(a) of Regulation (EU) No 575/2013, less significant institutions must take into account whether:
Za potrebe članka 478. stavka 2.
there are any current or anticipated material practical or legal impediments that would hinder the timely repayment of the exposure by the counterparty to the credit institution, other than in the event of a recovery or resolution situation, when the restrictions outlined in Directive 2014/59/EU of the European Parliament and of the Council [1] are required to be implemented;
Uredbe (EU) br. 575/2013 primjenjivi postotak iznosi 100 % od 1. siječnja 2018.
the proposed exposures are in line with the credit institution's ordinary course of business and its business model or justified by the funding structure of the network;
Odstupajući od točke (b) i ako je, sukladno članku 478. stavku 2.
the process by which a decision is made to approve an exposure to the credit institution's central body, and the monitoring and review process applicable to such exposures, at individual level and at consolidated level, where relevant, are similar to those that are applied to third-party lending;
Uredbe (EU) br. 575/2013, nacionalnim pravom propisan desetogodišnji rok za postupno isključivanje, primjenjivi postotak iznosi:
the credit institution's risk management procedures, IT system and internal reporting enable it to continuously check and ensure that the large exposures to its regional or central body are compatible with its risk strategy;
i.
for the purpose of assessing whether any remaining concentration risk can be addressed by other equally effective means such as the arrangements, processes and mechanisms provided for in Article 81 of Directive 2013/36/EU of the European Parliament and of the Council [2], as provided for in Article 400(3)(b) of Regulation (EU) No 575/2013, less significant institutions must take into account whether:
80 % tijekom razdoblja od 1. siječnja 2018. do 31. prosinca 2018.; i
the credit institution has robust processes, procedures and controls to ensure that use of the exemption would not result in concentration risk which is outside its risk strategy;
100 % od 1. siječnja 2019.
the credit institution has formally considered the concentration risk arising from exposures to its regional or central body as part of its overall risk assessment framework;
Nacionalna nadležna tijela ne primjenjuju točke (b) i (c) na manje značajne institucije na koje se, na datum stupanja na snagu ove Smjernice, primjenjuju planovi restrukturiranja koje je odobrila Komisija.
the credit institution has a risk control framework that adequately monitors the proposed exposures;
Ako tijekom provođenja plana restrukturiranja bez izmjene u pogledu bonitetnog tretmana odgođene porezne imovine, druga kreditna institucija preuzme ili pripoji kreditnu instituciju obuhvaćenu područjem primjene točke (d) ili se s njom spoji, nacionalna nadležna tijela primjenjuju iznimku iz točke (d) na kreditnu instituciju preuzimateljicu, novu kreditnu instituciju koja nastaje spajanjem ili kreditnu instituciju koja pripoji izvornu kreditnu instituciju, u istoj mjeri u kojoj se primjenjivala na preuzetu, spojenu ili pripojenu kreditnu instituciju.
the concentration risk arising has been or will be clearly identified in the credit institution's internal capital adequacy assessment process (ICAAP) and will be actively managed.
U slučaju da se utjecaj odbitaka propisanih u točkama (b) i (c) nepredviđeno poveća te da nacionalno nadležno tijelo utvrdi da je taj utjecaj značajan, manje značajnim institucijama dopušteno je ne primijeniti točku (b) ili (c).
The arrangements, processes and mechanisms to manage the concentration risk will be assessed in the supervisory review and evaluation process.
Ako se točke (b) i (c) ne primjenjuju, nacionalna nadležna tijela zahtijevaju od manje značajnih institucija da primjenjuju odredbe nacionalnih propisa.
In addition to the conditions set out in paragraph 1, NCAs shall require less significant institutions to take into account, for the purpose of assessing whether the regional or central body with which the credit institution is associated in a network is responsible for cash-clearing operations, as provided for in Article 400(2)(d) of Regulation (EU) No 575/2013, whether the by-laws or articles of association of the regional or central body explicitly contain such responsibilities, including, but not limited to the following:
Ovaj članak je bez utjecaja na nacionalno pravo koje je na snazi prije stupanja na snagu ove Smjernice, ako se tim pravom određuju postotci koji su viši od onih utvrđenih točkama od (a) do (c).
market funding for the whole network;
POGLAVLJE III.
clearing liquidity within the network, within the scope of Article 10 of Regulation (EU) No 575/2013;
ZAVRŠNE ODREDBE
providing liquidity to affiliated credit institutions;
Članak 10.
absorbing excess liquidity of affiliated credit institutions.
Stupanje na snagu i provedba
For the purposes of verifying whether the conditions specified in paragraph 1 and 2 are met, NCAs may request less significant institutions to submit the following documentation.
Ova Smjernica stupa na snagu sljedećeg dana od dana objave u Službenom listu Europske unije.
a letter signed by the credit institution's legal representative, with approval from the management body, stating that the credit institution complies with all the conditions laid down in Article 400(2)(d) and Article 400(3) of Regulation (EU) No 575/2013 for an exemption to be granted;
Nacionalna nadležna tijela primjenjuju ovu Smjernicu od 1. siječnja 2018. osim članka 7. koji primjenjuju od 1. siječnja 2019.
a legal opinion, issued either by an external independent third party or by an internal legal department, and approved by the management body, demonstrating that there are no obstacles that would hinder the timely repayment of exposures by a regional or central body to the credit institution arising from either applicable regulations, including fiscal regulations, or binding agreements;
Članak 11.
a statement signed by the legal representative and approved by the management body that:
Adresati
there are no practical impediments to the timely repayment of exposures by a regional or central body to the credit institution;
Ova je Smjernica upućena nacionalnim nadležnim tijelima država članica sudionica.
the regional or central body exposures are justified by the funding structure of the network;
Sastavljeno u Frankfurtu na Majni 4. travnja 2017.
the process by which a decision is made to approve an exposure to a regional or central body and the monitoring and review process applicable to such exposures, at legal entity level and at consolidated level, are similar to those applied to third-party lending;
Upravno vijeće ESB-a
the concentration risk arising from exposures to the regional or central body has been considered as part of the credit institution's overall risk assessment framework;
Predsjednik ESB-a
documentation signed by the legal representative and approved by the management body attesting that the credit institution's risk evaluation, measurement and control procedures are the same as the regional or central body's and that the credit institution's risk management procedures, IT system and internal reporting enable the management body to continuously monitor the level of the large exposure and its compatibility with the credit institution's risk strategy at legal entity level and at consolidated level, where relevant, and with the principles of sound internal liquidity management within the network;
SL L 287, 29.10.2013., str. 63.
documentation showing that the ICAAP clearly identifies the concentration risk arising from the large exposures to the regional or central body and that this is actively managed;
Uredba (EU) br. 468/2014 Europske središnje banke od 16. travnja 2014. o uspostavljanju okvira za suradnju unutar jedinstvenog nadzornog mehanizma između Europske središnje banke i nacionalnih nadležnih tijela te s nacionalnim imenovanim tijelima (Okvirna uredba o SSM-u) (ESB/2014/17) (SL L 141, 14.5.2014., str. 1.).
documentation showing that the management of concentration risk is consistent with the network's recovery plan.
Uredba (EU) 2016/445 Europske središnje banke od 14. ožujka 2016. o uporabi mogućnosti i diskrecijskih prava koja su dostupna prema pravu Unije (ESB/2016/4) (SL L 78, 24.3.2016., str. 60.).
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.
Uredba (EU) br. 575/2013 Europskog parlamenta i Vijeća od 26. lipnja 2013. o bonitetnim zahtjevima za kreditne institucije i investicijska društva i o izmjeni Uredbe (EU) br. 648/2012 (SL L 176, 27.6.2013., str. 1.).
190).
Delegirana uredba Komisije (EU) 2015/61 оd 10. listopada 2014. o dopuni Uredbe (EU) br. 575/2013 Europskog parlamenta i Vijeća u pogledu zahtjeva za likvidnosnu pokrivenost kreditnih institucija (SL L 11, 17.1.2015., str. 1.).
amending Guideline (EU) 2015/510 on the implementation of the Eurosystem monetary policy framework (ECB/2017/12)
o izmjeni Smjernice (EU) 2015/510 o provedbi okvira monetarne politike Eurosustava (ESB/2017/12)
Having regard to the Statute of the European System of Central Banks and of the European Central Bank, and in particular the first indent of Article 3.1, Articles 9.2, 12.1, 14.3, 18.2 and the first paragraph of Article 20 thereof,
uzimajući u obzir Statut Europskog sustava središnjih banaka i Europske središnje banke, a posebno prvu alineju njegova članka 3. stavka 1., članak 9. stavak 2., članak 12. stavak 1., članak 14. stavak 3., članak 18. stavak 2. te članak 20. prvi stavak,
The Governing Council decided on 22 March 2017 to further refine the rules applicable to ‘wind-down entities’ in the context of the Eurosystem's monetary policy counterparty framework, to ensure their consistent treatment in accessing the Eurosystem's monetary policy operations.
Upravno vijeće odlučilo je 22. ožujka 2017. dodatno precizirati pravila primjenjiva na „subjekte koji prestaju s radom” u kontekstu okvira monetarne politike Eurosustava koji se odnosi na druge ugovorne strane, radi osiguravanja dosljednog postupanja kod njihova pristupanja operacijama monetarne politike Eurosustava.
For reasons of transparency and legal clarity, the decision of the Governing Council of 22 March 2017 should be laid down in a binding legal act without delay to supplement Guideline (EU) 2015/510 of the European Central Bank (ECB/2014/60) [1].
Zbog jasnoće i pravne sigurnosti, odluka Upravnog vijeća od 22. ožujka 2017. trebala bi biti utvrđena u obvezujućem pravnom aktu bez odgađanja radi dopune Smjernice (EU) 2015/510 Europske središnje banke (ESB/2014/60) [1].
Therefore, Guideline (EU) 2015/510 (ECB/2014/60) should be amended accordingly,
Smjernicu (EU) 2015/510 (ESB/2014/60) stoga treba na odgovarajući način izmijeniti,
Guideline (EU) 2015/510 (ECB/2014/60) is amended as follows:
Smjernica (EU) 2015/510 (ESB/2014/60) mijenja se kako slijedi:
in Article 2, the following point (99a) is inserted:
U članku 2. umeće se sljedeća točka 99.a:
“wind-down entity” means an entity, whether privately or publicly owned, that (a) has as its main purpose the gradual divestment of its assets and the cessation of its business; or (b) is an asset management or divestment entity established to support financial sector restructuring and/or resolution, including asset management vehicles resulting from a resolution action in the form of the application of an asset separation tool pursuant to Article 26 of Regulation (EU) No 806/2014 of the European Parliament and of the Council or national legislation implementing Article 42 of Directive 2014/59/EU of the European Parliament and of the Council.
‚subjekt koji prestaje s radom’ znači subjekt, u javnom ili privatnom vlasništvu (a) čija je glavna zadaća postupna prodaja svoje imovine i prestanak poslovanja; ili (b) koji je subjekt za upravljanje imovinom ili subjekt za prodaju osnovan radi podupiranja restrukturiranja i/ili sanacije financijskog sektora, uključujući subjekte za upravljanje imovinom nastale iz sanacije u obliku primjene instrumenta izdvajanja imovine u skladu s člankom 26.
in Article 55a, paragraph 5 is replaced by the following:
Uredbe (EU) br. 806/2014 Europskog parlamenta i Vijeća ili nacionalnim zakonodavstvom kojim se prenosi članak 42.
A wind-down entity shall not be eligible to access Eurosystem monetary policy operations unless it has been accepted as an eligible counterparty to participate in Eurosystem monetary policy operations by 22 March 2017.
Direktive 2014/59/EU Europskog parlamenta i Vijeća.
In that case it shall remain eligible until 31 December 2021, with the limitation that its access to Eurosystem credit operations, as defined in point (31) of Article 2, shall be capped at the average level of its recourse to Eurosystem credit operations during the 12-month period preceding 22 March 2017 with the possibility to compute and apply such cap jointly for a number of wind-down entities belonging to the same group, where relevant.
U članku 55.a stavak 5. zamjenjuje se sljedećim:
Thereafter, such a wind-down entity shall no longer be eligible to access Eurosystem monetary policy operations.’;
Subjekt koji prestaje s radom nije prihvatljiv za pristup operacijama monetarne politike Eurosustava osim ako je prihvaćen kao prihvatljiva druga ugovorna strana za sudjelovanje u operacijama monetarne politike Eurosustava do 22. ožujka 2017.
in Article 158, the following paragraph 3a is inserted:
U tom slučaju ostaje prihvatljiv do 31. prosinca 2021. s ograničenjem da njegov pristup kreditnim operacijama Eurosustava, kako je definiran u točki 31. članka 2., bude ograničen na prosječnu razinu njegovog korištenja kreditnih operacija Eurosustava tijekom 12-mjesečnog razdoblja koje prethodi 22. ožujka 2017., s mogućnošću da se to ograničenje, ako je primjenjivo, zajednički računa i primijeni u odnosu na određeni broj subjekata koji prestaju s radom, koji pripadaju istoj grupi.
With reference to wind-down entities not deemed eligible pursuant to Article 55a(5), the Eurosystem may suspend, limit or exclude, on the grounds of prudence, access to monetary policy operations by counterparties that channel Eurosystem liquidity to a non-eligible wind-down entity.’.
Nakon toga, subjekt koji prestaje s radom više neće biti prihvatljiv za pristup operacijama monetarne politike Eurosustava.”.
Article 2
U članku 158. dodaje se sljedeći stavak 3.a:
Taking effect and implementation
U odnosu na subjekte koji prestaju s radom koji se ne smatraju prihvatljivim u skladu s člankom 55.a stavkom 5., Eurosustav može privremeno isključiti, ograničiti ili trajno isključiti pristup operacijama monetarne politike Eurosustava na temelju opreznosti drugim ugovornim stranama koje usmjeravaju likvidnost Eurosustava neprihvatljivom subjektu koji prestaje s radom.”.
This Guideline shall take effect on the day of its notification to the national central banks of the Member States whose currency is the euro.
Članak 2.
They shall notify the ECB of the texts and means relating to those measures by 19 June 2017 at the latest.
Ova Smjernica stupa na snagu danom obavještavanja nacionalnih središnjih banaka država članica čija je valuta euro.
Done at Frankfurt am Main, 18 May 2017.
Sastavljeno u Frankfurtu na Majni 18. svibnja 2017.
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).
Smjernica (EU) 2015/510 Europske središnje banke od 19. prosinca 2014. o provedbi okvira monetarne politike Eurosustava (ESB/2014/60) (SL L 91, 2.4.2015., str. 3.).
Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010 (OJ L 225, 30.7.2014, p. 1).
Uredba (EU) br. 806/2014 Europskog parlamenta i Vijeća od 15. srpnja 2014. o utvrđivanju jedinstvenih pravila i jedinstvenog postupka za sanaciju kreditnih institucija i određenih investicijskih društava u okviru jedinstvenog sanacijskog mehanizma i jedinstvenog fonda za sanaciju te o izmjeni Uredbe (EU) br. 1093/2010 (SL L 225, 30.7.2014., str. 1.).
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).’;
Direktiva 2014/59/EU Europskog parlamenta i Vijeća od 15. svibnja 2014. o uspostavi okvira za oporavak i sanaciju kreditnih institucija i investicijskih društava te o izmjeni Direktive Vijeća 82/891/EEZ i direktiva 2001/24/EZ, 2002/47/EZ, 2004/25/EZ, 2005/56/EZ, 2007/36/EZ, 2011/35/EU, 2012/30/EU i 2013/36/EU te uredbi (EU) br. 1093/2010 i (EU) br. 648/2012 Europskog parlamenta i Vijeća (SL L 173, 12.6.2014., str. 190).”.
Having regard to the Treaty on the Functioning of the European Union, and in particular the first indent of Article 127(2) thereof,
uzimajući u obzir Ugovor o funkcioniranju Europske unije, a posebno prvu alineju njegovog članka 127. stavka 2.,
An ‘Advisory group on Market Infrastructures for Securities and Collateral’ (hereinafter ‘AMI SeCo’) has been established to take over the responsibilities of the T2S Advisory Group, to advise the Eurosystem on matters relevant to securities clearing and settlement, collateral management and T2S.
„Savjetodavna skupina za tržišne infrastrukture za vrijednosne papire i kolateral” (dalje u tekstu: „Skupina AMI SeCo”) osnovana je radi preuzimanja nadležnosti Savjetodavne skupine sustava T2S u svrhu savjetovanja Eurosustava u pitanjima vezanim uz obračun i namiru vrijednosnih papira, upravljanje kolateralom i sustavom T2S.
“Advisory Group on Market Infrastructures for Securities and Collateral” or “AMI SeCo” means the advisory body whose mission is to advise the Eurosystem on matters related to securities clearing and settlement, collateral management and T2S, and whose mandate is published on the ECB's website;
‚Savjetodavna skupina za tržišne infrastrukture za vrijednosne papire i kolateral’ ili ‚AMI SeCo’ znači savjetodavno tijelo čija je zadaća savjetovati Eurosustav u pitanjima vezanim uz obračun i namiru vrijednosnih papira, upravljanje kolateralom i sustavom T2S i čiji je mandat objavljen na mrežnim stranicama ESB-a;
T2S Board members shall not be part of the Internal Auditors Committee (IAC), nor shall they be involved in Level 3 Activities on a day-to-day basis;
članovi Odbora sustava T2S ne smiju biti dio Odbora internih revizora (engl.
T2S oversight activities shall be separated from T2S operational activities.’;
Internal Auditors Committee, IAC) niti smiju na dnevnoj osnovi sudjelovati u aktivnostima na razini 3;
in Article 9, in paragraphs 3 and 4 all references to the ‘Payment and Settlement Systems Committee (PSSC)’ are replaced by ‘Market Infrastructure and Payments Committee (MIPC).’;
nadzorne aktivnosti sustava T2S moraju biti odvojene od operativnih aktivnosti sustava T2S.”.
the Annex is replaced by the Annex to this Guideline.
U članku 9., u stavcima 3. i 4. sva upućivanja na „Odbor za platne sustave i sustave namire (PSSC)” zamjenjuju se s „Odbor za tržišnu infrastrukturu i platni promet (MIPC).”.
Article 2
6.
Taking effect
Prilog se zamjenjuje Prilogom ovoj Smjernici.
This Guideline shall take effect on the day of its notification to the national central banks of the Member States whose currency is the euro.
Članak 2.
Article 3
Stupanje na snagu
Addressees
Ova Smjernica stupa na snagu danom obavještavanja nacionalnih središnjih banaka država članica čija je valuta euro.
This Guideline is addressed to all Eurosystem central banks.
Članak 3.
Done at Frankfurt am Main, 23 June 2017.
Adresati
For the Governing Council of the ECB
Ova je Smjernica upućena svim središnjim bankama Eurosustava.
The President of the ECB
Sastavljeno u Frankfurtu na Majni 23. lipnja 2017.
Guideline ECB/2012/13 of 18 July 2012 on TARGET2-Securities (OJ L 215, 11.8.2012, p.
Upravno vijeće ESB-a
19).
Predsjednik ESB-a
ANNEX
Smjernica ESB/2012/13 od 18. srpnja 2012. o sustavu TARGET2-Securities (SL L 215, 11.8.2012., str. 19.).
NATIONAL USER GROUPS
PRILOG
MANDATE
NACIONALNE SKUPINE KORISNIKA
Objectives
MANDAT
The National User Groups (NUGs) bring together providers and users of securities settlement services within their national markets in order to support the development, implementation and operation of TARGET2-Securities (T2S).
Ciljevi