natgillin/translations-raw huggingface dataset:
in paragraph 4 entitled ‘Relocation of the operation of the SSP to an alternative site’, in point (c) the term ‘PM to DCA liquidity transfer order’ is replaced by the term ‘PM to T2S DCA liquidity transfer order’;
Az I. függelékben a „Use of the ICM” című 8. pont a következőképpen módosul:
paragraph 6 entitled ‘Contingency processing’ is amended as follows:
i.
point (c)(i) is replaced by the following:
A (8) bekezdés c) és d) pontja helyébe a következő szöveg lép:
CLS Bank International-related payments, with the exception of payments related to the CLS CCP service and, at the discretion of the Governing Council, the CLSNow service;’,
by means of a PM to T2S DCA liquidity transfer order or, when the ICM is used in combination with the T2S value added services, a T2S DCA to PM liquidity transfer order; and”.
point (d)(iii) is replaced by the following:
A (8) bekezdés a következő e) ponttal egészül ki:
T2S DCA to PM liquidity transfer orders.’;
by means of a PM to TIPS DCA liquidity transfer order or a TIPS DCA to PM liquidity transfer order.”
in paragraph 8 entitled ‘Other provisions’, in point (b) the words ‘the SSP’ are replaced by the words ‘the operational team of the SSP’;
A IV. függelék a következőképpen módosul:
Appendix V is amended as follows:
i.
the schedule is replaced by the following:
A „Relocation of the operation of the SSP to an alternative site” című 4. pont c) alpontjában a „PM to DCA liquidity transfer order” szövegrész helyébe a „PM to T2S DCA liquidity transfer order” szöveg lép.
‘Time
A „Contingency processing” című 6. pont a következőképpen módosul:
“Start-of-procedure”message and settlement of the standing orders to transfer liquidity from the PM accounts to the subaccounts/technical account (ancillary system-related settlement)
A c) i. alpont helyébe a következő szöveg lép:
Execution of additional liquidity transfers via the ICM for settlement procedure 6 real time; execution of additional liquidity transfers via the ICM before the ancillary system sends the “start of cycle” messages for settlement procedure 6 interfaced; settlement period of night-time ancillary system operations (only for ancillary system settlement procedure 6 real-time and settlement procedure 6 interfaced)
CLS Bank International-related payments, with the exception of payments related to the CLS CCP service and, at the discretion of the Governing Council, the CLSNow service;”.
the following paragraph 6 is added:
A d) iii. alpont helyébe a következő szöveg lép:
The information on the SSP's operational status on T2IS and the ECB's website shall only be updated during normal business hours.’;
T2S DCA to PM liquidity transfer orders.”
Appendix VI is amended as follows:
Az „Other provisions” című 8. pont b) alpontjában a „the SSP” kifejezés helyébe a „the operational team of the SSP” kifejezés lép.
in paragraph 1, the last sentence is replaced by the following:
Az V. függelék a következőképpen módosul:
‘PM to T2S DCA liquidity transfer orders or PM to TIPS DCA liquidity transfer orders sent from a participant's PM account and T2S DCA to PM liquidity transfer orders or TIPS DCA to PM liquidity transfer orders received on a participant's PM account shall be charged according to the pricing option (a) or (b) above chosen for that PM account.’;
i.
in paragraphs 4 and 5 and the table, the term ‘DCA’ is replaced by the term ‘T2S DCA’,
A menetrend helyébe a következő szöveg lép:
in the table, the following field is inserted between the third (‘U2A queries’) and fourth (‘Messages bundled into a file’) fields under ‘Information services’:
„Time
‘U2A queries downloaded
‘Start-of-procedure’ message and settlement of the standing orders to transfer liquidity from the PM accounts to the subaccounts/technical account (ancillary system-related settlement)
Per queried business item in any U2A query generated and downloaded’
Execution of additional liquidity transfers via the ICM for settlement procedure 6 real time; execution of additional liquidity transfers via the ICM before the ancillary system sends the ‘start of cycle’ messages for settlement procedure 6 interfaced; settlement period of night-time ancillary system operations (only for ancillary system settlement procedure 6 real-time and settlement procedure 6 interfaced)
the following paragraphs 5a and 5b are inserted:
A szöveg a következő (6) bekezdéssel egészül ki:
‘Fees for Linked PM account holders
The information on the SSP's operational status on T2IS and the ECB's website shall only be updated during normal business hours.”
The ECB shall charge Linked PM account holders for any further instant payment orders and positive recall answers received by the TIPS Platform by the end of 2019, in the following year.’;
A VI. függelék a következőképpen módosul:
in paragraph 6, the last sentence is replaced by the following:
i.
‘Payments shall be made no later than the 14th business day of that month to the account specified by the ECB or shall be debited from an account specified by the PM account holder.’;
Az 1. pont utolsó mondata helyébe a következő szöveg lép:
paragraph 7 is amended as follows:
„PM to T2S DCA liquidity transfer orders or PM to TIPS DCA liquidity transfer orders sent from a participant's PM account and T2S DCA to PM liquidity transfer orders or TIPS DCA to PM liquidity transfer orders received on a participant's PM account shall be charged according to the pricing option (a) or (b) above chosen for that PM account.”
in paragraph 7, the term ‘DCA’ is replaced by the term ‘T2S DCA’,
A 4. és 5. pontban és a táblázatban a „DCA” kifejezés helyébe a „T2S DCA” kifejezés lép.
in point (b), the words ‘transactions settled on DCAs’ are replaced by the words ‘transactions settled on T2S DCAs and TIPS DCAs’,
A táblázat az „Information services” alatt a harmadik („U2A queries”) és a negyedik („Messages bundled into a file”) mező között a következő mezővel egészül ki:
in point (d), in the table the words ‘DCA to DCA liquidity transfer orders’ are replaced by the words ‘T2S DCA to T2S DCA liquidity transfer orders’,
„U2A queries downloaded
the following point (d)(iv) is added:
Per queried business item in any U2A query generated and downloaded”
The ECB shall charge the ancillary system as Linked PM account holder for any further instant payment orders and positive recall answers received by the TIPS Platform by the end of 2019, in the following year.’;
„Fees for Linked PM account holders
Annex II is amended as follows:
The ECB shall charge Linked PM account holders for any further instant payment orders and positive recall answers received by the TIPS Platform by the end of 2019, in the following year.”
The title is replaced by the following:
v.
‘TERMS AND CONDITIONS FOR THE OPENING AND OPERATION OF A T2S DEDICATED CASH ACCOUNT (T2S DCA) IN TARGET2’;
A 6. pont utolsó mondata helyébe a következő szöveg lép:
in the definitions and the rest of the text of Annex II and the Appendices, ‘DCA’ is replaced by ‘T2S DCA’, ‘DCA to PM liquidity transfer order’ is replaced by ‘T2S DCA to PM liquidity transfer order’, ‘PM to DCA liquidity transfer order’ is replaced by ‘PM to T2S DCA liquidity transfer order’, ‘DCA to DCA liquidity transfer order’ is replaced by ‘T2S DCA to T2S DCA liquidity transfer order’, ‘DCA holder’ is replaced by ‘T2S DCA holder’;
„Payments shall be made no later than the 14th business day of that month to the account specified by the ECB or shall be debited from an account specified by the PM account holder.”
the definition of ‘Dedicated Cash Account (DCA)’ is replaced by the following:
A 7. pont a következőképpen módosul:
‘“T2S Dedicated Cash Account (T2S DCA)”, means an account held by a T2S DCA holder, opened in TARGET2-ECB, and used for cash payments in relation to securities settlement in T2S,’;
A 7. pontban a „DCA” szó helyébe a „T2S DCA” kifejezés lép.
in the definition of ‘event of default’, point (g) is replaced by the following:
A b) alpontban a „transactions settled on DCAs” kifejezés helyébe a „transactions settled on T2S DCAs and TIPS DCAs” kifejezés lép.
where the participant's credit balance on its PM account, T2S DCA or TIPS DCA or all or a substantial part of the participant's assets are subject to a freezing order, attachment, seizure or any other procedure that is intended to protect the public interest or the rights of the participant's creditors;’;
A d) pontban a táblázatban a „DCA to DCA liquidity transfer orders” kifejezés helyébe a „T2S DCA to T2S DCA liquidity transfer orders” kifejezés lép.
‘“participant” or “direct participant” means an entity that holds at least one PM account (PM account holder) and/or one T2S Dedicated Cash Account (T2S DCA holder) and/or one TIPS Dedicated Cash Account (TIPS DCA holder) with a Eurosystem CB,’;
A szöveg a következő d) iv. alponttal egészül ki:
in the definition of ‘technical malfunction of TARGET2’, the words ‘same-day processing’ are replaced by the words ‘same-business day processing’;
The ECB shall charge the ancillary system as Linked PM account holder for any further instant payment orders and positive recall answers received by the TIPS Platform by the end of 2019, in the following year.”
the following definitions are added:
A II. melléklet a következőképpen módosul:
‘“Information and Control Module (ICM)” means the SSP module that allows PM account holders to obtain online information and gives them the possibility to submit liquidity transfer orders, manage liquidity and initiate backup payment orders in contingency situations,
A cím helyébe a következő szöveg lép:
“ICM broadcast message” means information made simultaneously available to all or a selected group of PM account holders via the ICM,
„TERMS AND CONDITIONS FOR THE OPENING AND OPERATION OF A T2S DEDICATED CASH ACCOUNT (T2S DCA) IN TARGET2”.
“TARGET Instant Payment Settlement (TIPS) service” means the settlement in central bank money of instant payment orders on the TIPS Platform,
A fogalommeghatározásokban, valamint a IIa. melléklet és a függelékek további szövegében a „DCA” helyébe „T2S DCA”, a „DCA to PM liquidity transfer order” helyébe „T2S DCA to PM liquidity transfer order”, a „PM to DCA liquidity transfer order” helyébe „PM to T2S DCA liquidity transfer order”, a „DCA to DCA liquidity transfer order” helyébe „T2S DCA to T2S DCA liquidity transfer order”, és a „DCA holder” helyébe „T2S DCA holder” lép.
“TIPS Platform” means the single technical platform infrastructure provided by the TIPS Platform-providing NCBs,
i.
“TIPS Platform-providing NCBs” means the Deutsche Bundesbank, the Banco de España, the Banque de France and the Banca d'Italia in their capacity as the CBs building and operating the TIPS Platform for the Eurosystem's benefit,
A „Dedicated Cash Account (DCA)” meghatározása helyébe a következő szöveg lép:
“TIPS Dedicated Cash Account (TIPS DCA)” means an account held by a TIPS DCA holder, opened in TARGET2-ECB, and used for the provision of instant payment services to its customers,
„‘T2S Dedicated Cash Account (T2S DCA)’, means an account held by a T2S DCA holder, opened in TARGET2-ECB, and used for cash payments in relation to securities settlement in T2S,”.
“instant payment order” means, in line with the European Payments Council's SEPA Instant Credit Transfer (SCT Inst) scheme, a payment instruction which can be executed 24 hours a day any calendar day of the year, with immediate or close to immediate processing and notification to the payer,
Az „event of default” meghatározásában a g) pont helyébe a következő szöveg lép:
“recall request” means, in line with the SCT Inst scheme, a message from a TIPS DCA holder requesting reimbursement of a settled instant payment order,
where the participant's credit balance on its PM account, T2S DCA or TIPS DCA or all or a substantial part of the participant's assets are subject to a freezing order, attachment, seizure or any other procedure that is intended to protect the public interest or the rights of the participant's creditors;”.
“positive recall answer” means, in line with the SCT Inst scheme, a payment order initiated by the receiver of a recall request, in response to a recall request, for the benefit of the sender of that recall request,
„‘participant’ or ‘direct participant’ means an entity that holds at least one PM account (PM account holder) and/or one T2S Dedicated Cash Account (T2S DCA holder) and/or one TIPS Dedicated Cash Account (TIPS DCA holder) with a Eurosystem CB,”.
“PM to TIPS DCA liquidity transfer order” means the instruction to transfer a specified amount of funds from a PM account to a TIPS DCA,
v.
“TIPS DCA to PM liquidity transfer order” means the instruction to transfer a specified amount of funds from a TIPS DCA to a PM account,’;
A „technical malfunction of TARGET2” meghatározásában a „same-day processing” kifejezés helyébe a „same-business day processing” kifejezés lép.
in Article 3, the words ‘dedicated cash accounts’ are replaced by the words ‘T2S Dedicated Cash Accounts’;
A szöveg a következő fogalommeghatározásokkal egészül ki:
Article 4 is replaced by the following:
„‘Information and Control Module (ICM)’ means the SSP module that allows PM account holders to obtain online information and gives them the possibility to submit liquidity transfer orders, manage liquidity and initiate backup payment orders in contingency situations,
‘Article 4
‘ICM broadcast message’ means information made simultaneously available to all or a selected group of PM account holders via the ICM,
TARGET2 is legally structured as a multiplicity of payment systems composed of all the TARGET2 component systems, which are designated as “systems” under the national laws implementing Directive 98/26/EC.
‘TIPS Platform’ means the single technical platform infrastructure provided by the TIPS Platform-providing NCBs,
TARGET2-ECB is designated as a “system” under the national laws implementing Directive 98/26/EC.
‘TIPS Platform-providing NCBs’ means the Deutsche Bundesbank, the Banco de España, the Banque de France and the Banca d'Italia in their capacity as the CBs building and operating the TIPS Platform for the Eurosystem's benefit,
The rules on the processing of payment orders under these Conditions (Title IV and Appendix I) refer to all payment orders submitted or payments received by any T2S DCA holder.’;
‘TIPS Dedicated Cash Account (TIPS DCA)’ means an account held by a TIPS DCA holder, opened in TARGET2-ECB, and used for the provision of instant payment services to its customers,
Article 6 is amended as follows:
‘instant payment order’ means, in line with the European Payments Council's SEPA Instant Credit Transfer (SCT Inst) scheme, a payment instruction which can be executed 24 hours a day any calendar day of the year, with immediate or close to immediate processing and notification to the payer,
in paragraph 1, point (b)(ii) is replaced by the following:
‘recall request’ means, in line with the SCT Inst scheme, a message from a TIPS DCA holder requesting reimbursement of a settled instant payment order,
for entities established outside the EEA, provide a country opinion in the form specified in Appendix III, unless the information and representations to be provided in such country opinion have already been obtained by the ECB in another context.’;
‘positive recall answer’ means, in line with the SCT Inst scheme, a payment order initiated by the receiver of a recall request, in response to a recall request, for the benefit of the sender of that recall request,
paragraph 3 is replaced by the following:
‘PM to TIPS DCA liquidity transfer order’ means the instruction to transfer a specified amount of funds from a PM account to a TIPS DCA,
The ECB may also request any additional information it deems necessary to decide on the application to open a T2S DCA.’;
‘TIPS DCA to PM liquidity transfer order’ means the instruction to transfer a specified amount of funds from a TIPS DCA to a PM account,”.
Any rejection decision shall contain reasons for the rejection.’;
A 3. cikkben a „dedicated cash accounts” kifejezés helyébe a „T2S Dedicated Cash Accounts” kifejezés lép.
in Article 10, paragraph 3 is replaced by the following:
A 4. cikk helyébe a következő szöveg lép:
The T2IS and the TARGET2 Securities Information System may be used to obtain information on any event affecting the normal operation of the respective platforms.’;
„Article 4
in Article 12(1), the words ‘by means of a unique 34-character account number’ are replaced by the words ‘by means of a unique account number of up to 34 characters’;
TARGET2 is legally structured as a multiplicity of payment systems composed of all the TARGET2 component systems, which are designated as ‘systems’ under the national laws implementing Directive 98/26/EC.
in Article 14, paragraph 3 is replaced by the following:
TARGET2-ECB is designated as a ‘system’ under the national laws implementing Directive 98/26/EC.
The T2S Platform attaches its timestamp for the processing of payment orders in the sequence of their receipt.’;
The rules on the processing of payment orders under these Conditions (Title IV and Appendix I) refer to all payment orders submitted or payments received by any T2S DCA holder.”
Article 16 is amended as follows:
A 6. cikk a következőképpen módosul:
for all transactions settling on T2S DCAs and which are subject to matching of two separate transfer orders, such transfer orders are deemed entered into TARGET2-ECB at the moment at which they have been declared compliant with the technical rules of T2S by the T2S Platform and irrevocable at the moment the transaction has been given the status “matched” on the T2S Platform; or
Az (1) bekezdésben a b) pont ii. alpontja helyébe a következő szöveg lép:
as an exception to point (a), for transactions involving one participating CSD having a separate matching component where transfer orders are sent directly to that participating CSD to be matched in its separate matching component, transfer orders are deemed entered into TARGET2-ECB at the moment at which they have been declared compliant with the technical rules of T2S by that participating CSD and irrevocable from the moment the transaction has been given the status “matched” on the T2S Platform.
for entities established outside the EEA, provide a country opinion in the form specified in Appendix III, unless the information and representations to be provided in such country opinion have already been obtained by the ECB in another context.”
A list of CSDs for which this point (b) applies is available on the website of the ECB.’;
A (3) bekezdés helyébe a következő szöveg lép:
paragraph 3 is deleted;
The ECB may also request any additional information it deems necessary to decide on the application to open a T2S DCA.”
Article 18 is amended as follows:
Any rejection decision shall contain reasons for the rejection.”
‘T2S DCA holders shall be exclusively responsible for the adequate protection of the confidentiality, integrity and availability of their systems.’;
A 10. cikk (3) bekezdése helyébe a következő szöveg lép:
in paragraph 2, the second sentence is replaced by the following:
The T2IS and the TARGET2 Securities Information System may be used to obtain information on any event affecting the normal operation of the respective platforms.”
‘The ECB may request further information about the incident and, if necessary, request that the T2S DCA holders take appropriate measures to prevent a recurrence of such an event.’;
A 12. cikk (1) bekezdésében a „by means of a unique 34-character account number” szövegrész helyébe a „by means of a unique account number of up to 34 characters” szöveg lép.
in Article 19:
A 14. cikk (3) bekezdése helyébe a következő szöveg lép:
the term ‘TARGET2 ICM’ is replaced by the term ‘ICM’;
The T2S Platform attaches its timestamp for the processing of payment orders in the sequence of their receipt.”
the last sentence of paragraph 3 is replaced by the following:
A 16. cikk a következőképpen módosul:
‘Further technical details relating to the ICM are contained in Appendix I to Annex II to Decision ECB/2007/7.’;
for all transactions settling on T2S DCAs and which are subject to matching of two separate transfer orders, such transfer orders are deemed entered into TARGET2-ECB at the moment at which they have been declared compliant with the technical rules of T2S by the T2S Platform and irrevocable at the moment the transaction has been given the status ‘matched’ on the T2S Platform; or
in Article 21, paragraph 5 is replaced by the following:
as an exception to point (a), for transactions involving one participating CSD having a separate matching component where transfer orders are sent directly to that participating CSD to be matched in its separate matching component, transfer orders are deemed entered into TARGET2-ECB at the moment at which they have been declared compliant with the technical rules of T2S by that participating CSD and irrevocable from the moment the transaction has been given the status ‘matched’ on the T2S Platform.
Notwithstanding Sections 675(u), 675(v), 675(x), 675(y), 675(z), 676(a), 676(c) of the German Civil Code (Bürgerliches Gesetzbuch), paragraphs 1 to 4 shall apply to the extent that the ECB's liability can be excluded.’
A list of CSDs for which this point (b) applies is available on the website of the ECB.”
in Article 24(1), the second sentence is replaced by the following:
A (3) bekezdést el kell hagyni.
‘For the purposes of this paragraph, the taking of crisis prevention measures or crisis management measures within the meaning of Directive 2014/59/EU against a T2S DCA holder shall not automatically qualify as the opening of insolvency proceedings.’;
A 18. cikk a következőképpen módosul:
in Article 26, paragraph 3 is replaced by the following:
„T2S DCA holders shall be exclusively responsible for the adequate protection of the confidentiality, integrity and availability of their systems.”
The ECB shall promptly give the T2S DCA holder notice of any set-off pursuant to paragraph 2 after such set-off has taken place.’;
A (2) bekezdés második mondata helyébe következő szöveg lép:
Article 27 is amended as follows:
„The ECB may request further information about the incident and, if necessary, request that the T2S DCA holders take appropriate measures to prevent a recurrence of such an event.”
By derogation from paragraph 1, the T2S DCA holder agrees that information on any action taken under Article 24 shall not be considered as confidential.’;
A 19. cikkben
The ECB shall not be liable for the financial and commercial consequences of such disclosure.’;
i. a „TARGET2 ICM” kifejezés helyébe az „ICM” szó lép.
in paragraph 1, the words ‘payment orders’ are replaced by the word ‘payments’;
A 3. pontban az utolsó mondat helyébe a következő szöveg lép:
in paragraph 3, point (a)(ii) is replaced by the following:
„Further technical details relating to the ICM are contained in Appendix I to Annex II to Decision ECB/2007/7.”
the T2S DCA holder shall not enter any T2S DCA to PM liquidity transfer order or T2S DCA to T2S DCA liquidity transfer order, with the exception of such liquidity transfer orders between different accounts of the same T2S DCA holder, into TARGET2 until it has obtained confirmation from the ECB that the required notification has been made or the consent has been obtained by or on behalf of the payment service provider of the payee;’;
A 21. cikk (5) bekezdése helyébe a következő szöveg lép:
in Article 29, the second sentence is replaced by the following:
Notwithstanding Sections 675(u), 675(v), 675(x), 675(y), 675(z), 676(a), 676(c) of the German Civil Code (Bürgerliches Gesetzbuch), paragraphs 1 to 4 shall apply to the extent that the ECB's liability can be excluded.”
in Appendix I, the title is replaced by the following:
A 24. cikk (1) bekezdésének második mondata helyébe a következő szöveg lép:
‘PARAMETERS OF THE T2S DEDICATED CASH ACCOUNTS — TECHNICAL SPECIFICATIONS’;
„For the purposes of this paragraph, the taking of crisis prevention measures or crisis management measures within the meaning of Directive 2014/59/EU against a T2S DCA holder shall not automatically qualify as the opening of insolvency proceedings.”
in the table in paragraph 6 relating to the SSP schedule, in the fifth row under the first column titled ‘Time’,‘1.00 – 6.45’ is replaced by ‘1.00 – 7.00’;
A 26. cikk (3) bekezdése helyébe a következő szöveg lép: