natgillin/translations-raw huggingface dataset:
In general, the Federal Department of Finance Legal Services both prosecutes and judges violations of the criminal provisions of FINMASA and of the financial markets acts.
Burza ima zakonsku obvezu obavijestiti FINMA-u o svim promjenama okolnosti na kojima se prvotno temeljilo njezino odobrenje za rad.
However, the Federal Attorney General's Office is competent for the prosecution of insider trading and price manipulation offences under FMIA.
Ako su promjene bitne, infrastruktura financijskog tržišta mora prethodno od FINMA-e pribaviti ovlaštenje ili odobrenje da bi mogla obavljati svoje aktivnosti (članak 7.
It can therefore be concluded that Swiss stock exchanges are subject to authorisation and to effective supervision and enforcement on an ongoing basis.
Zakona o infrastrukturi financijskog tržišta).
According to the second condition, third-country trading venues must have clear and transparent rules regarding admission of securities to trading so that such securities are capable of being traded in a fair, orderly and efficient manner, and are freely negotiable.
Ključni su zahtjevi su usklađenost postupanja s ustrojstvenim zahtjevima; postojanje unutarnjeg sustava kontrole i njegova učinkovitost; prikladnost sustava IT-a i uredno poslovanje.
Swiss law requires that stock exchanges issue regulations on the admission of securities to trading (Articles 35 and 36 of the FMIA).
FINMA nadzire sva tijela burze, kao i trgovanje na burzi, te ima funkcije izricanja sankcija.
These regulations have to be approved by FINMA.
U skladu s člancima 24. i 24.a Zakona o nadzoru financijskog tržišta, FINMA može revizije obavljati izravno ili neizravno posredstvom licenciranih revizijskih društava, na mjestu poslovanja i izvan njega.
The regulations shall take account of recognised international standards and in particular shall contain provisions on the tradability of securities; the publication of information on which investors rely for assessing the characteristics of securities and the quality of the issuer; the duties of the issuer, its representatives and third parties for the entire duration of the listing or admission of securities to trading; the obligation, regarding the admission of equity securities, to comply with Articles 7 and 81 of the Federal Act of 16 December 2005 on the Licensing and Oversight of Auditors.
Člancima 27., 30. i 34.
The admission to trading of securities and the listing, a qualified form of an admission to trading, of securities on stock exchanges are governed primarily by Listing Rules and Additional Rules for Listing and Admission to Trading.
Zakona o infrastrukturi financijskog tržišta propisano je i da sve burze kojima je izdano odobrenje za rad moraju moći osigurati usklađenost postupanja svojih izdavatelja, sudionika i osoba povezanih s njihovim sudionicima s odredbama Zakona o infrastrukturi financijskog tržišta i Pravilnika o infrastrukturi financijskog tržišta, povezanim aktima i propisima i sa svojim vlastitim pravilima i propisima.
The stock exchange reviews the application filed by the issuer for each security and verifies that all pertinent requirements are fulfilled.
Dužnost osiguravanja usklađenosti postupanja njihovih članova s propisima uključuje i odgovornost burze za istrage i stegovne mjere zbog povreda važećih propisa i pravila.
For each application, the stock exchange releases a written decision.
Kada je riječ o učinkovitoj provedbi, FINMA ima niz administrativnih mehanizama za izvršenje svojih ovlasti i nadležnosti.
The information on an admission decision is publicly available.
Ako utvrdi povrede propisa ili nepravilnosti, FINMA poduzima nužne korektivne mjere, koje mogu uključivati upravne postupke radi izvršenja.
With the listing of a security, the issuer is subject to maintenance obligations concerning periodic reporting obligations as, for example, financial reporting and corporate governance obligations, but also occurrence-based reporting obligations such as regular reporting obligations, disclosure of management transactions and ad hoc publicity.
Pridržavajući se načela proporcionalnosti FINMA određuje mjere koje smatra najprikladnijima za osiguravanje usklađenosti postupanja za zakonom.
According to Article 35(3) of the FMIA, the stock exchange monitors the issuer's compliance with these rules and imposes the sanctions provided for contractually in the event of violations.
Na raspolaganju su joj mjere koje uključuju prigovore, posebne upute za ponovno usklađivanje postupanja sa zakonom, zabrane obavljanja zanimanja za pojedince, zabrane poslovanja ukidanje dozvola trgovcima.
According to Article 33(1) of the FMIO, a stock exchange shall guarantee that all securities admitted to trading and all listed securities can be traded in a fair, efficient and orderly manner.
FINMA može i oduzeti nezakonito stečenu dobit ili nezakonito izbjegnute gubitke i može narediti objavu konačnog i obvezujućeg rješenja.
With regard to equity securities, the Listing Rules provide for free float requirements to ensure that such securities can be traded efficiently.
Da bi burza ponovno počela postupati u skladu s primjenjivim odredbama, FINMA može upotrijebiti svoje administrativne ovlasti i za razrješenje članova odbora ili osoblja čije je besprijekorno poslovno postupanje dovedeno u pitanje.
The independent bodies of the stock exchange may temporarily suspend the trading of securities if unusual circumstances, and specifically the breach of important disclosure obligations by the issuer, indicate that such a suspension is advisable.
Administrativni mehanizmi FINMA-e temelje se na odredbama o kaznenim sankcijama u kaznenim djelima opisanima u poglavlju 4.
They may cancel the listing of securities, if the solvency of the issuer is in serious doubt, or insolvency or liquidation proceedings have already commenced.
Zakona o nadzoru financijskog tržišta.
FINMA may also compel a stock exchange to suspend trading in a given security by using its powers under Article 31 of the FINMASA with a view to restoring compliance with the provisions of the FMIA or responding to other irregularities.
Odredbe o kaznenim sankcijama uključene su i u članak 147.ff Zakona o infrastrukturi financijskog tržišta i članke 42.a i 43.
The Swiss regulatory framework includes requirements for providing pre-trade information to market participants.
Zakona o burzi.
Pre-trade transparency has its legal basis in Article 29(1) of the FMIA which stipulates that the stock exchange shall publish the five best bid and offer prices for each share and other security in real time, as well as the sizes of the trading positions at these prices.
FINMA prosljeđuje te predmete nadležnim tijelima radi kaznenog progona.
The same also applies for actionable indications of interest (Article 27(3) of the FMIO).
FINMA i nadležno tijelo za kazneni progon koordiniraju svoje istrage u mjeri u kojoj je to izvedivo i nužno.
Waivers are available for reference price systems, systems that exist only to formalise transactions already negotiated, orders held in an order management facility of the stock exchange pending disclosure and orders that are large in scale compared with normal market size.
Savezno ministarstvo za financijske pravne usluge u načelu tuži i presuđuje o povredama kaznenih odredaba Zakona o nadzoru financijskog tržišta i akata o financijskim tržištima.
The Swiss regulatory framework also includes requirements for providing post-trade information.
Međutim, Državno je odvjetništvo nadležno za kazneni progon u predmetima trgovanja na temelju povlaštenih informacija i manipuliranja cijenama na temelju Zakona o infrastrukturi financijskog tržišta.
Post-trade transparency has its basis in Article 29(2) of the FMIA that stipulates that the stock exchange shall immediately publish information on the transactions carried out on- and off-exchange for all securities admitted to trading.
Stoga se može zaključiti da švicarske burze podliježu izdavanju odobrenja za rad i kontinuiranom učinkovitom nadzoru i provedbi.
In particular, the price, volume and time of the transactions must be published.
U skladu s drugim uvjetom, mjesta trgovanja u trećim zemljama moraju imati jasna i transparentna pravila o uvrštenju vrijednosnih papira za trgovanje tako da se vrijednosnim papirima može trgovati korektno, uredno i djelotvorno i da su slobodno prenosivi.
The exemptions from post-trade transparency are the same as for pre-trade transparency.
Švicarskim pravom predviđeno je da burze donose pravilnike o uvrštenju vrijednosnih papira za trgovanje (članci 35. i 36.
Information on certain atypical transactions will also be published with delay.
Zakona o infrastrukturi financijskog tržišta).
The stock exchange pre- and post-trade data services are fully transparent and offered to all exchange participants on a non-discriminatory basis.
Te pravilnike mora odobriti FINMA.
Delayed data is available to all users free of charge.
Pravilnicima se uzimaju u obzir priznati međunarodni standardi i posebno sadržavaju odredbe o utrživosti vrijednosnih papira, objavljivanju informacija na temelju kojih ulagatelji procjenjuju obilježja vrijednosnih papira i kvalitetu izdavatelja, o dužnosti izdavatelja, njegovih predstavnika i trećih strana tijekom postupka uvrštenja i kotiranja vrijednosnih papira za trgovanje, o obvezi postupanja u skladu s člancima 7. i 81.
It can therefore be concluded that Swiss stock exchanges have clear and transparent rules regarding the admission of securities to trading so that such securities are capable of being traded in a fair, orderly and efficient manner and are freely negotiable.
Saveznog zakona od 16. prosinca 2005. o licenciranju i nadzoru revizora, kada je riječ o uvrštenju vlasničkih vrijednosnih papira.
According to the third condition, security issuers must be subject to periodic and ongoing information requirements ensuring a high level of investor protection.
Uvrštenje vrijednosnih papira za trgovanje i njihova kotacija, kvalificirani oblik uvrštenja za trgovanje, na burzama je uređeno pravilima o kotaciji i dodatnim pravilima o kotaciji i uvrštenju za trgovanje.
The stock exchange's regulations on the admission to trading must set out the information to be published to allow investors to assess the characteristics of the securities and the quality of the issuer to ensure a high level of investor protection.
Burza preispituje zahtjev koji je izdavatelj podnio za svaki vrijednosni papir i provjerava jesu li ispunjeni svi bitni zahtjevi.
Issuers whose securities are admitted to trading on a Swiss stock exchange are required to publish annual and interim financial reports.
Burza donosi pisanu odluku o svakom zahtjevu.
The issuer must make its annual financial statements available on its website.
Informacije o odluci o uvrštenju javno su dostupne.
Securities admitted to trading on a Swiss stock exchange may also be traded on another venue.
Uvrštenjem vrijednosnog papira izdavatelj podliježe obvezi redovitog izvještavanja kao što je, na primjer, financijsko izvještavanje, i obvezama korporativnog upravljanja, ali i obvezama izvještavanja o događajima, kao što su redovite obveze izvještavanja, objava upravljačkih transakcija i ad hoc objave.
The reporting obligation applicable to issuers applies regardless of the venue on which trading takes place.
U skladu s člankom 35. stavkom 3.
The disclosure of comprehensive and timely information about security issuers allows investors to assess the business performance of issuers and ensures appropriate transparency for investors through a regular flow of information.
Zakona o infrastrukturi financijskog tržišta burza prati pridržava li se izdavatelj tih pravila i u slučaju povreda izriče ugovorno predviđene sankcije.
It can therefore be concluded that issuers whose securities are admitted on Swiss stock exchanges are subject to periodic and ongoing information requirements ensuring a high level of investor protection.
U skladu s člankom 33. stavkom 1.
According to the fourth condition, the third-country legal and supervisory framework must ensure market transparency and integrity by preventing market abuse in the form of insider dealing and market manipulation.
Pravilnika o infrastrukturi financijskog tržišta burza jamči da se svim vrijednosnim papirima uvrštenima za trgovanje može trgovati korektno, uredno i djelotvorno.
Articles 142 and 143 of the FMIA prohibit insider trading and market manipulation by any person.
Kada je riječ o vlasničkim vrijednosnim papirima, Pravilima o uvrštenju predviđeni su zahtjevi za slobodnu prodaju kako bi se osiguralo da se tim vrijednosnim papirima može djelotvorno trgovati.
In addition, under the conditions of Articles 154 and 155 of the FMIA, the exploitation or the attempted exploitation of insider information and price manipulation constitute criminal offences.
Neovisna tijela burze mogu privremeno obustaviti trgovanje vrijednosnim papirima ako se takva obustava preporučuje zbog neuobičajenih okolnosti, a posebno ako je izdavatelj prekršio važne obveze objavljivanja.
The stock exchange must issue regulations regarding the disclosure of inside information by issuers.
Mogu ukinuti uvrštenje vrijednosnih papira ako je solventnost izdavatelja upitna ili ako je već započeo stečajni postupak ili postupak likvidacije.
Under the Listing Rules of a stock exchange, the issuer must inform the market of any price-sensitive facts which have arisen, or are about to arise, in its sphere of activity, as soon as it becomes aware of such information.
FINMA može prisiliti burzu da obustavi trgovanje određenim vrijednosnim papirom na temelju svojih ovlasti iz članka 13.
Price-sensitive facts are facts which are capable of triggering a significant change in market prices.
Zakona o nadzoru financijskog tržišta kako bi osigurala ponovnu usklađenost postupanja s odredbama Zakona o infrastrukturi financijskog tržišta ili zbog drugih nepravilnosti.
Disclosure must be made so as to ensure the equal treatment of all market participants.
Švicarski regulatorni okvir uključuje zahtjeve za pružanje informacija prije trgovanja sudionicima na tržištu.
Further, under Article 31(1) of the FMIA, Swiss stock exchanges are required to monitor price formation and the transactions executed on the stock exchange with a view to detecting insider trading, price and market manipulation and other breaches of statutory and regulatory provisions.
Transparentnost prije trgovanja ima pravnu osnovu u članku 29. stavku 1.
To this end, a stock exchange must also review transactions which are conducted outside of the trading venue and which are reported to it or brought to its attention in some other way (Article 31(1) of the FMIA).
Zakona o infrastrukturi financijskog tržišta kojim je predviđeno da burza u stvarnom vremenu objavljuje pet najboljih ponuda i cijena za svaku dionicu i ostale vrijednosne papire, kao i veličine trgovačkih pozicija po tim cijenama.
This supervisory task must be carried out by an independent body of the stock exchange.
To se primjenjuje i na provedive iskaze interesa (članak 27. stavak 3.
Issuers must be able to provide FINMA upon request with an insider list based on their duty to provide information, including all additional information and documents that FINMA requires to carry out its tasks (Article 29(1) of the FINMASA in conjunction with Article 145 of the FMIA).
Pravilnik o infrastrukturi financijskog tržišta).
A stock exchange must notify FINMA of any suspected breaches of the law or other irregularities.
Izuzeća su moguća za sustave referentnih cijena, odnosno sustave koji postoje samo radi formaliziranja već dogovorenih transakcija, naloga koji se čuvaju u sustavima burze za upravljanje nalozima prije objave i naloge koji su veliki u usporedbi s uobičajenom veličinom na tržištu.
If the breaches in question involve criminal offences, it must also inform the competent prosecuting authority without delay (Article 31(2) of the FMIA).
Švicarski regulatorni okvir uključuje i zahtjeve za pružanje informacija nakon trgovanja.
FINMA investigates on information about violations of the law received from stock exchanges, as well as based on its own market monitoring with the aim of enforcing the provisions of supervisory law that prohibit market abuse.
Pravna osnova za transparentnost je članak 29. stavak 2.
It can therefore be concluded that the Swiss legal and supervisory framework ensures market transparency and integrity by preventing market abuse in the form of insider dealing and market manipulation.
Zakona o infrastrukturi financijskog tržišta kojim je propisano da burza odmah objavljuje informacije o transakcijama provedenima na burzi i izvan nje za sve vrijednosne papire uvrštene za trgovanje.
It can therefore further be concluded that the legal and supervisory framework governing stock exchanges as set out in the Annex to this Decision and operated in Switzerland under the supervision of FINMA complies with the four conditions for legal and supervisory arrangements and hence should be considered to provide for an equivalent system to the requirements for trading venues laid down in Directive 2014/65/EU, Regulation (EU) No 600/2014, Regulation (EU) No 596/2014 and Directive 2004/109/EC.
Posebno se moraju objaviti informacije o cijeni, volumenu i vremenu transakcija.
Given that a significant number of shares that are issued and admitted to trading in Switzerland are also traded on trading venues in the Union, it is appropriate to ensure that all investment firms subject to the trading obligation as set out in Article 23(1) of Regulation (EU) No 600/2014 preserve the ability to undertake trades in shares admitted to trading on the Swiss exchanges where their primary liquidity resides.
Na transparentnost nakon trgovanja primjenjuju se ista izuzeća kao i na transparentnost prije trgovanja.
As the primary liquidity of shares admitted to trading on the Swiss exchanges resides in these exchanges, the recognition of the legal and supervisory framework of Switzerland would allow investment firms to trade shares admitted to trading in Switzerland on Swiss exchanges and to fulfil their best execution obligation towards their clients.
Informacije o određenim neuobičajenim transakcijama također se objavljuju naknadno.
Overall Union trading in a multitude of shares admitted on the Swiss exchanges is of such frequency that investment firms in the Union could not avail themselves of the exception set out in Article 23(1)(a) of Regulation (EU) No 600/2014.
Podatkovne usluge burze prije i nakon trgovanja potpuno su transparentne i bez diskriminacije se nude svim sudionicima na burzi.
This implies that the trading obligation set out in Article 23(1) of Regulation (EU) No 600/2014 would apply to a significant number of shares admitted to trading in Switzerland.
Naknadno objavljeni podaci dostupni su svim korisnicima bez naknade.
This decision is to be complemented by cooperation arrangements to ensure the effective exchange of information and coordination of supervisory activities between the national competent authorities and FINMA.
Stoga se može zaključiti da švicarske burze imaju jasna i transparentna pravila o uvrštenja vrijednosnih papira za trgovanje, tako da se vrijednosnim papirima može trgovati korektno, uredno i djelotvorno i slobodno su prenosivi.
This Decision is based on the legally binding requirements applicable to Swiss stock exchanges at the time of the adoption of this Decision.
Treći je uvjet da izdavatelji vrijednosnih papira moraju podlijegati zahtjevima za periodično i kontinuirano dostavljanje informacija, čime se osigurava visoka razina zaštite ulagatelja.
The Commission should continue monitoring on a regular basis the evolution of the legal and supervisory arrangements for Swiss stock exchanges and the fulfilment of the conditions on the basis of which this Decision has been taken.
U pravilnicima burze o uvrštenju za trgovanje moraju biti navedene informacije koje se objavljuju kako bi se ulagateljima omogućilo da procijene značajke vrijednosnih papira i kvalitetu izdavatelja radi osiguranja visokog stupnja zaštite ulagatelja.
This Decision also takes into account the Council conclusions of 28 February 2017, under which a precondition for further developing the sectoral approach with Switzerland remains the establishment of a common institutional framework for existing and future agreements through which Switzerland participates in the Single Market of the Union.
Izdavatelji čiji su vrijednosni papiri uvršteni za trgovanje na švicarskoj burzi moraju objavljivati godišnje i privremene financijske izvještaje.
When deciding on whether to extend the applicability of this Decision, the Commission has taken the current state of progress towards an Agreement establishing that common institutional framework into account.
Izdavatelj mora svoje godišnje financijske izvještaje objaviti na svojim internetskim stranicama.
A full draft of the agreement has been agreed by the EU and Swiss negotiators.
Vrijednosnim papirima koji su uvršteni za trgovanje na švicarskoj burzi može se trgovati i na drugom mjestu.
The Swiss Federal Council has taken note of this agreement and has decided to open a phase of domestic consultations that will last until spring 2019.
Obveza izvještavanja koja se primjenjuje na takve izdavatelje primjenjuje se neovisno o mjestu na kojem se obavlja trgovanje.
Those reviews are without prejudice to the possibility of the Commission to undertake a specific review at any earlier time, where relevant developments make it necessary for the Commission to re-assess the equivalence granted by this Decision.
Stoga se može zaključiti da izdavatelji čiji su vrijednosni papiri uvršteni za trgovanje na švicarskim burzama podliježu zahtjevima za redovito i kontinuirano izvještavanje čime se osigurava visok stupanj zaštite ulagatelja
Any re-assessment could lead to the repeal of this Decision.
U skladu s četvrtim uvjetom, pravnim i nadzornim okvirom treće zemlje mora se osigurati transparentnost i cjelovitost tržišta sprječavanjem zlouporabe tržišta u obliku trgovanja na temelju povlaštenih informacija i manipuliranja tržištem.
To ensure the integrity of financial markets in the Union in light, in particular, of the progress made towards the establishment of a common institutional framework through which Switzerland participates in the Single Market of the Union, this Decision should expire on 30 June 2019.
Člancima 142. i 143.
Commission Implementing Decision (EU) 2017/2441 on the equivalence of the legal and supervisory framework applicable to stock exchanges in Switzerland in accordance with Directive 2014/65/EU expires on 31 December 2018.
Zakona o infrastrukturi financijskog tržišta zabranjeno je trgovanje na temelju povlaštenih informacija i manipuliranje tržištem.
It is therefore necessary that this Decision enters into force as a matter of urgency and that it applies from 1 January 2019.
Nadalje, u skladu s uvjetima iz članaka 154. i 155.
The measures provided for in this Decision are in accordance with the opinion of the European Securities Committee,
Zakona o infrastrukturi financijskog tržišta, iskorištavanje ili pokušaj iskorištavanja povlaštenih informacija i manipuliranje cijenama kaznena su djela.
HAS ADOPTED THIS DECISION:
Burza može donositi pravilnike o objavljivanju povlaštenih informacija izdavatelja.
Article 1
U skladu s Pravilima burze o uvrštenju, izdavatelj mora obavijestiti tržište o svim cjenovno-osjetljivim činjenicama koje su nastale ili bi mogle nastati, u njegovu području poslovanja, čim za njih sazna.
For the purposes of Article 23(1) of Regulation (EU) No 600/2014 the legal and supervisory framework applicable to stock exchanges in Switzerland set out in the Annex to this Decision shall be considered to be equivalent to the requirements resulting from Directive 2014/65/EU, Regulation (EU) No 600/2014, Regulation (EU) No 596/2014 and Directive 2004/109/EC and to be subject to effective supervision and enforcement.
Cjenovno-osjetljive činjenice jesu činjenice koje bi mogle uzrokovati znatne promjene tržišnih cijena.
Article 2
Objava je obavezna da bi se osiguralo jednako postupanje prema svim sudionicima na tržištu.
This Decision shall enter into force on the day following that of its publication in the Official Journal of the European Union.
Nadalje, u skladu s člankom 31. stavkom 1.