natgillin/translations-raw huggingface dataset:
Section 10 (1) The Norwegian State Finance Fund shall assign each bank to one of three risk classes, based on objective criteria.
§ 10 (1) Statens finansfond skal plassere den enkelte bank i en av tre risikoklasser basert på objektive kriterier.
Assignment to a risk class shall remain fixed for the term of the capital contribution.
Plassering i risikoklasse ligger fast gjennom løpetiden.
Banks with an external credit rating from a recognised rating agency shall be assigned to the following risk classes:
Banker med en ekstern kredittvurdering (rating) fra et godkjent kredittvurderingsselskap (ratingbyrå) skal plasseres i følgende risikoklasse:
Risk class
Risiko klasse
AA- or better
AA – eller bedre
From A- to A+
Fra A- til A+
BBB+ or lower
BBB+ eller lavere
or similar under another classification system
eller tilsvarende under annen inndeling av klasser
(2) Banks without an external credit rating from a recognised rating agency may be assigned to one of the three risk classes by comparing these banks with rated banks in terms of a number of underlying factors, hereunder Tier 1 capital ratio, total return, composition and credit quality of the lending portfolio, deposit-to-loan ratio, losses and risk exposure.
(2) Banker uten ekstern kredittvurdering (rating) fra et godkjent kredittvurderingsselskap (ratingbyrå) kan plasseres i de tre risikoklassene ved å sammenligne disse bankene med ratede banker på en rekke underliggende faktorer, herunder kjernekapitaldekning, totalavkastning, sammensetning av og kredittkvalitet på utlånsporteføljen, innskuddsdekning, tap og risikoeksponering.
Section 11 (1) A hybrid Tier 1 security used for the infusion of Tier 1 capital from the Norwegian State Finance Fund shall be designed as an instrument that can be approved as Tier 1 capital, with a nominal value equal to the amount paid in.
§ 11 (1) Fondsobligasjon som brukes for tilførsel av kjernekapital fra Statens finansfond, skal utformes som et instrument som kan godkjennes som kjernekapital, med pålydende lik innbetalt beløp.
Corresponding priorities shall apply in case of winding-up.
Tilsvarende prioritet gjelder ved avvikling.
A hybrid Tier 1 security as mentioned shall be accorded the same priority as any other hybrid Tier 1 security.
Fondsobligasjon som nevnt skal ha samme prioritet som annen fondsobligasjon.
If it is permissible to write down other hybrid Tier 1 security capital, there shall at the same time be made a proportional write-down of such capital.
Foreligger det adgang til å skrive ned annen fondsobligasjonskapital, skal det samtidig foretas forholdsmessig nedskriving av slik kapital.
(4) Only if the share capital or the primary-capital-certificate capital has been written down in its entirety shall the value of a hybrid Tier 1 security as mentioned be written down with final effect.
(4) Bare dersom hele aksjekapitalen eller grunnfondsbeviskapitalen er nedskrevet, skrives fondsobligasjon som nevnt ned med endelig virkning.
Any other write-down of the value of a hybrid Tier 1 security as mentioned shall be reversed upon a profit being recognised in the annual accounts.
Annen nedskriving av fondsobligasjon som nevnt skal reverseres ved overskudd i årsregnskapet.
(5) The Norwegian State Finance Fund shall have a preferential right to a non-cumulative claim for annual interest, which shall be conditional upon there being a profit and upon the capital adequacy ratio being no less than 0.2 percentage point higher than the minimum capital adequacy ratio required at any given time.
(5) Statens finansfond skal ha fortrinnsrett til et ikke-kumulativt krav på årlig rente forutsatt overskudd og forutsatt kapitaldekning ikke mindre enn 0,2 prosentpoeng over de til enhver tid gjeldende minstekrav til kapitaldekning.
The interest shall be covered until it has either been paid in full or the profit has been exhausted.
Renten skal dekkes så langt overskuddet rekker.
The interest rate shall be stipulated in the agreement on the basis of the interest rate on Norwegian government debt, either an interest rate with a five-year lock-in period or an interest rate with a 6-month lock-in period, with a fixed mark-up.
Renten fastsettes i avtalen med utgangspunkt i norsk statspapirrente, enten rente med fem års bindingstid eller rente med 6 måneders bindingstid, med et fast påslag.
The mark-up shall be
Påslaget er
5.0 percentage points for a bank in risk class 1
5,0 prosentpoeng for bank i risikoklasse 1
5.5 percentage points for a bank in risk class 2
5,5 prosentpoeng for bank i risikoklasse 2
6.0 percentage points for a bank in risk class 3
6,0 prosentpoeng for bank i risikoklasse 3
(6) The interest is recognised as a cost in the accounts of the banks, and shall be covered until it has either been paid in full or the profit has been exhausted.
(6) Renten er en kostnad i bankens regnskap og dekkes så langt overskuddet rekker.
Following any write-down, interest shall be computed on the written-down amount and any reversed amount.
Etter eventuell nedskrivning beregnes rente av nedskrevet og eventuelt reversert beløp.
(7) The hybrid Tier 1 security may be redeemed throughout its term.
(7) Fondsobligasjonen kan innløses i hele løpetiden.
Redemption shall take place at par value, and is conditional upon permission being granted by Kredittilsynet.
Innløsning skal skje til pari kurs, og er betinget av tillatelse fra Kredittilsynet.
The interest rate shall increase by 1 percentage point four year after issuance, and by a further 1 percentage point five years after issuance, in order to provide redemption incentives.
For å gi incentiver til innløsning settes renten opp med 1 prosentpoeng fire år etter utstedelse, og opp med ytterligere 1 prosentpoeng fem år etter utstedelse.
The Norwegian State Finance Fund shall not transfer a hybrid Tier 1 security as mentioned to a third party until five years have elapsed since the date of issuance.
Statens finansfond kan ikke overdra fondsobligasjon som nevnt til andre før etter fem år fra utstedelse.
Section 12 (1) A preference capital instrument used for the infusion of Tier 1 capital from the Norwegian State Finance Fund shall be designed as an instrument without voting rights that can be approved as core Tier 1 capital.
§ 12 (1) Preferansekapitalinstrument som brukes for tilførsel av kjernekapital fra Statens finansfond, skal utformes som et instrument uten stemmerett som kan godkjennes som ren kjernekapital.
In a limited company, the preference capital shall be contributed as preference share capital.
I aksjeselskap skal preferansekapitalen skytes inn som preferanseaksjekapital.
In a savings bank that is not organised as a limited company, the preference capital may be contributed as preference primary capital certificates.
I sparebank som ikke er organisert som aksjeselskap kan preferansekapitalen skytes inn som preferansegrunnfondsbevis.
The nominal value of the capital contribution shall be equal to the amount paid in.
Kapitalinnskuddet skal ha pålydende verdi lik innbetalt beløp.
If the preference share capital is to be reduced, it shall be written down with the same priority (pro rata) as the write-down of other contributed share capital of the bank.
Hvis preferanseaksjekapitalen skal nedsettes, skal denne skrives ned med samme prioritet (pro rata) som nedskriving av annen innskutt aksjekapital i banken.
Corresponding priorities shall apply in case of winding-up of the bank.
Tilsvarende prioritet gjelder ved avvikling av banken.
The claim for dividends shall be determined on the basis of the general guidelines laid down by the ESA, and shall be covered until it has either been paid in full or the profit has been exhausted.
Utbyttekravet fastsettes ut fra ESAs generelle retningslinjer, og skal dekkes så langt overskuddet rekker.
Following any write-down of the Tier 1 preference capital instrument, dividends shall be computed on the written-down amount.
Etter eventuell nedskrivning av preferansekapitalinstrumentet, beregnes utbytte av nedskrevet beløp.
If a bank has received Tier 1 capital through both a hybrid Tier 1 security as mentioned in Section 11 and a Tier 1 preference capital instrument as mentioned in the present Section, the order of priority between the interest on the hybrid Tier 1 security and the dividends on the Tier 1 preference capital instrument shall be determined in the agreement.
Dersom en bank har fått tilført kjernekapital både gjennom fondsobligasjon som nevnt i § 11 og gjennom preferansekapitalinstrument som nevnt i denne paragrafen, skal prioritet mellom rente på fondsobligasjon og utbytte på preferansekapitalinstrumentet fastsettes i avtalen.
(4) The dividends shall be determined on the basis of the interest rate on Norwegian government debt, either an interest rate with a five-year lock-in period or an interest rate with a 6-month lock-in period, with a fixed mark-up.
(4) Utbytte fastsettes med utgangspunkt i norsk statspapirrente, enten rente med fem års bindingstid eller rente med 6 måneders bindingstid, med et fast påslag.
6.0 percentage points for a bank in risk class 1
6,0 prosentpoeng for bank i risikoklasse 1
6.5 percentage points for a bank in risk class 2
6,5 prosentpoeng for bank i risikoklasse 2
7.0 percentage points for a bank in risk class 3
7,0 prosentpoeng for bank i risikoklasse 3
(5) The bank may choose to redeem the Tier 1 preference capital instrument when three years have elapsed since the issuance thereof.
(5) Banken kan velge å innløse preferansekapitalinstrumentet etter tre år etter utstedelse.
Redemption is conditional upon permission being granted by Kredittilsynet.
Innløsning er betinget av tillatelse fra Kredittilsynet.
(6) After five years the preference capital shall automatically be converted to ordinary shares/primary capital certificates, to the extent that it has neither been previously redeemed, nor is redeemed in connection with conversion.
(5) Etter fem år skal preferansekapitalen automatisk konverteres til ordinære aksjer/grunnfondsbevis, i den utstrekning den ikke tidligere er innløst eller blir innløst i forbindelse med konvertering.
Corresponding provisions shall apply to the automatic conversion of the preference capital of a bank that is not a limited company.
Tilsvarende gjelder for automatisk konvertering av preferansekapital i bank som ikke er aksjeselskap.
The method shall provide the bank with incentives for redeeming the Tier 1 preference capital instrument prior to the conversion thereof.
Metoden skal gi banken incentiver til innløsning av preferansekapitalinstrumentet før konvertering.
(7) The Norwegian State Finance Fund shall agree a right (option) for the Finance Fund to effect the conversion of the preference capital, during the term thereof, into ordinary shares or primary capital certificates, if the preference capital contributed by the Fund represents a significant portion of book equity.
(7) Statens finansfond skal avtale en rett for Finansfondet (opsjon) til i løpetiden å kreve konvertering av preferansekapitalen til ordinære aksjer eller grunnfondsbevis dersom fondets preferansekapital utgjør en betydelig del av balanseført egenkapital.
The Norwegian State Finance Fund shall specify in the agreement with each individual bank or parent company what constitutes a significant portion.
Statens finansfond skal i avtalen med den enkelte bank eller morselskap fastsette hva som er en betydelig del.
The significant portion threshold shall be no higher than 50 pct.
Betydelig del kan ikke settes høyere enn 50 prosent.
Corresponding provisions shall apply to the conversion of the preference capital of a bank or parent company that is not a limited company.
Tilsvarende gjelder for konvertering av preferansekapital i bank eller morselskap som ikke er aksjeselskap.
The Norwegian State Finance Fund may in special cases refrain from agreeing a right of conversion pursuant to the present Sub-section.
Statens finansfond kan i særlige tilfeller unnlate å avtale en rett til konvertering etter dette leddet.
The Norwegian State Finance Fund shall specify this percentage in the agreement with each individual bank or parent company.
Statens finansfond skal i avtalen med den enkelte bank eller morselskap fastsette denne prosentsatsen.
(9) The agreement shall include provisions on adjustments to reflect modifications to the company capital that influence the trading price without affecting the value of the equity of the bank, e.g. share splits, bonus issues, etc.
(9) Avtalen skal inneholde vilkår om korrigering for disposisjoner mht. selskapskapitalen som påvirker omsetningskursen uten å endre verdien av bankens egenkapital, f.eks. aksjesplitt, fondsemisjon o.l.
(10) Planned equity transactions on the part of the issuer shall be reported to the Norwegian State Finance Fund well ahead of their deliberation by the general meeting.
(10) Planlagte egenkapitaltransaksjoner hos utsteder skal rapporteres til Statens finansfond i god tid før de behandles i generalforsamling.
The Norwegian State Finance Fund may stipulate conditions precedent to the equity transaction.
Statens finansfond kan sette vilkår for egenkapitaltransaksjonen.
A corresponding provision shall apply if the Norwegian State Finance Fund has contributed preference capital to a bank or parent company that has issued primary capital certificates.
Tilsvarende gjelder dersom Statens finansfond har preferansekapitalinnskudd i bank eller morselskap som har utstedt grunnfondsbevis.
Section 13 (1) The method for calculating how many shares the Norwegian State Finance Fund shall receive upon the conversion of preference share capital into ordinary shares shall be determined at the time of concluding the agreement.
§ 13 (1) Metoden for beregning av hvor mange aksjer Statens finansfond skal få ved konvertering av preferanseaksjekapital til ordinære aksjer skal fastsettes på avtaletidspunktet.
The correct number of shares may be achieved, if applicable, by writing down the value of the preference share capital prior to conversion.
Riktig antall aksjer oppnås eventuelt gjennom nedskrivning av preferanseaksjekapitalen før konvertering.
A corresponding provision shall apply to the conversion of preference capital in a bank or parent company that is not a limited company.
Tilsvarende gjelder for konvertering av preferansekapital i bank eller morselskap som ikke er aksjeselskap.
(2) There shall also be agreed a method for calculating how the preference capital may be redeemed (redemption value).
(2) Det skal også avtales en metode for beregning av hvordan preferansekapitalen kan innløses (innløsningsverdi).
The redemption value shall not be less than the par value.
Innløsningsverdien kan ikke settes lavere enn pari kurs.
The redemption value shall be agreed as a percentage of the nominal value of the capital contribution.
Innløsningsverdien skal avtales som en prosent av pålydende av kapitalinnskuddet.
The redemption value may alternatively be calculated by reference to market prices, book equity and/or fair value.
Innløsningsverdi kan alternativt beregnes ved hjelp av markedskurser, balanseført egenkapital og/eller virkelig verdi.
To stimulate redemption, the redemption value shall increase in years 4 and 5.
For å stimulere til innløsning skal innløsningsverdien øke i år 4 og år 5.
Section 14 (1) The Norwegian State Finance Fund shall ensure that the terms and conditions governing the capital contribution are complied with.
§ 14 (1) Statens finansfond skal påse at vilkårene for kapitalinnskudd blir overholdt.
(2) If one or more terms or conditions are not complied with, the Norwegian State Finance Fund may implement such measures as are deemed appropriate for safeguarding the interests of the Finance Fund and for ensuring that the purpose of the capital contribution, as well as the terms and conditions governing the same, are conformed to.
(2) Dersom ett eller flere vilkår ikke blir overholdt, kan Statens finansfond sette i verk slike tiltak det finner hensiktsmessig for å sikre Finansfondets interesser og for å sikre at formålet med kapitalinnskuddet og de vilkårene som er fastsatt for disse blir ivaretatt.
The Norwegian State Finance Fund may also make the capital contribution subject to additional terms and conditions.
Statens finansfond kan også sette nye vilkår for kapitalinnskuddet.
(3) If there is reason to believe that terms or conditions governing a capital contribution will not be complied with, the Norwegian State Finance Fund may implement measures as mentioned above even if no terms or conditions have yet been violated.
(3) Dersom det er grunn til å tro at vilkår for kapitalinnskudd ikke vil bli oppfylt, kan Statens finansfond sette i verk tiltak som nevnt over selv om vilkår ennå ikke er brutt.
(4) The agreement with each individual bank and/or parent company shall include provisions that safeguard the rights of the Finance Fund pursuant to the present Section.
(4) I avtalen med den enkelte bank og/eller morselskap skal det tas inn bestemmelser som sikrer Finansfondets rettigheter etter denne paragrafen.
Section 15 (1) These Regulations shall enter into force on 15 May 2009.
§ 15 (1) Forskriften trer i kraft 15. mai 2009.
The Financial Markets Department E-mail: postmottak@fin.dep.no Phone: +47 22 24 45 21 Address: Postboks 8008 Dep, 0030 Oslo
Finansmarkedsavdelingen (FMA) E-post: postmottak@fin.dep.no Telefon: 22 24 45 21 Adresse: Postboks 8008 Dep, 0030 Oslo
South Pole, December 14 2011.
Sydpolen, 14. desember 2011.
We are here today to honour these five men.
I dag er vi her for å hedre disse fem.
We are here to celebrate one of the most outstanding achievements of mankind.
Vi er her for å feire en av menneskehetens største bragder.
The polar expeditions of Roald Amundsen helped to form our new national identity.
Polarekspedisjonene til Roald Amundsen var med på å forme vårt nasjonale selvbilde.
They will always be remembered for their courage and determination in reaching one of the most unhospitable places on earth.
De vil alltid bli husket for sitt mot og sin besluttsomhet for å nå et av jordens mest ugjestmilde steder.
Today the South Pole is “home” for many of you who are celebrating with us today.
I dag er Sydpolen et hjem for mange av dere som er med oss i feiringen her i dag.
More than 200 people have their daily work here at the Amundsen-Scott Base during the summer season.
I sommerhalvåret har mer enn 200 mennesker sitt daglige arbeid her på Amundsen-Scott-basen.
You have seen the beauty and the fascination of the Antarctic wilderness.
Dere har sett skjønnheten og tiltrekningen i den antarktiske ødemarken.
And you have learned how challenging and unpredictable this frozen continent can be.
Og dere har lært hvor utfordrende og uforutsigbart dette frosne kontinentet kan være.
Researchers from all over the world are trying to discover the secrets of this vast continent.
Forskere fra hele verden arbeider nå med å fravriste dette enorme kontinentet dets hemmeligheter.
The Norwegian Troll Station is at the forefront of Norwegian research in Antarctica.
Den norske Troll-stasjonen er i front når det gjelder norsk forskning i Antarktis.
Norway and the United States have a long history of scientific cooperation.
Norge og USA har lenge samarbeidet om vitenskapelig forskning.
The US – Norwegian Antarctic Scientific Traverse in 2007 made important findings.
I 2007 gjorde den norsk-amerikanske polarår-ekspedisjonen viktige funn.
The Antarctic continent has been changing more rapidly in recent years than at any time in the past 800 years.
Antarktis har de siste årene gjennomgått raskere endringer enn noen gang de siste 800 årene.
The loss of ice in Antarctica can have dramatic global effects.
Isens smelting i Antarktis kan få dramatiske følger globalt.
It is our common responsibility to save this planet for future generations.
Det er vår felles ansvar å redde denne planeten for fremtidige generasjoner.
Roald Amundsen, Robert Scott and their men were prepared to make an extraordinary effort in order to reach their ambitious goals.
Roald Amundsen, Robert Scott og deres menn var beredt til å sette alle krefter inn for å nå sine ambisiøse mål.
We need to be prepared to do the same.
Vi må være beredt til å gjøre det samme.
Thank you.
Takk skal dere ha.
Speech at the CSLF in Beijing
Tale på CSLF-møtet i Beijing
Dear Chairman Huhne, dear Honourable Chinese Hosts.
Dear Chairman Huhne, dear Honourable Chinese Hosts.
Thank you for the opportunity to speak to you today.
Thank you for the opportunity to speak to you today.
I am very pleased to have been given the task to introduce this important Ministerial Session.
I am very pleased to have been given the task to introduce this important Ministerial Session.
International collaboration and concerted action is absolutely crucial if we are to succeed with our ambitions within Climate Change and CCS.
International collaboration and concerted action is absolutely crucial if we are to succeed with our ambitions within Climate Change and CCS.
We are facing a daunting challenge, and we represent the political leadership that can answer it.
We are facing a daunting challenge, and we represent the political leadership that can answer it.
I cannot think of a more important time and place to address these issues.
I cannot think of a more important time and place to address these issues.
Although we have been working on CCS for more than two decades, the technology is still in its infancy.
Although we have been working on CCS for more than two decades, the technology is still in its infancy.
We need new emerging regions to actively take on the technological challenge and join us in this mission.
We need new emerging regions to actively take on the technological challenge and join us in this mission.
Asia and China are at the heart of global energy growth, and I would like to make the point – up front – that growth often leads to technological leadership.
Asia and China are at the heart of global energy growth, and I would like to make the point – up front – that growth often leads to technological leadership.
China has enormous opportunities in this respect.
China has enormous opportunities in this respect.
I am intrigued by today’s venue and the opportunity to discuss joint challenges and opportunities with the range of countries and regions represented here.
I am intrigued by today’s venue and the opportunity to discuss joint challenges and opportunities with the range of countries and regions represented here.
Together we can accelerate CCS if we are successful in jointly identifying the roadmap and if we are prepared to lead the way.
Together we can accelerate CCS if we are successful in jointly identifying the roadmap and if we are prepared to lead the way.
This session is called: ”Driving RD&D Deployment – what will it take?”
This session is called: ”Driving RD&D Deployment – what will it take?”
This is a title at the very core of our discussion.
This is a title at the very core of our discussion.
It underlines the fact that we are facing challenges in our work to make CCS a viable technology and thereby a tangible CO2 emission mitigation option.
It underlines the fact that we are facing challenges in our work to make CCS a viable technology and thereby a tangible CO2 emission mitigation option.
I believe that the challenges that lie ahead are considerable; we need to intensify our work in all three phases of the chain – research, development and demonstration.
I believe that the challenges that lie ahead are considerable; we need to intensify our work in all three phases of the chain – research, development and demonstration.
Back-drop / setting the scene
Back-drop / setting the scene
This will take unprecedented action.
This will take unprecedented action.
True commitment will require a strong collective recognition of the challenge.
True commitment will require a strong collective recognition of the challenge.
We need to be on the same page at the outset and accept the overall fundamentals of future energy realities.
We need to be on the same page at the outset and accept the overall fundamentals of future energy realities.
We are facing an energy-hungry world.
We are facing an energy-hungry world.
Energy is a key driver of prosperity and poverty reduction and is a precondition for economic development.
Energy is a key driver of prosperity and poverty reduction and is a precondition for economic development.