natgillin/translations-raw huggingface dataset:
Annexes I and II to Decision ECB/2007/7 are amended in accordance with Annex I to this Decision;
Prílohy I a II k rozhodnutiu ECB/2007/7 sa menia v súlade s prílohou I k tomuto rozhodnutiu;
the text set out in Annex II to this Decision is added as a new Annex III to Decision ECB/2007/7.
Text uvedený v prílohe II k tomuto rozhodnutiu sa vkladá ako nová príloha III k rozhodnutiu ECB/2007/7.
It shall apply from 30 November 2018.
Uplatňuje sa od 30. novembra 2018.
Done at Frankfurt am Main, 8 October 2018.
Vo Frankfurte nad Mohanom 8. októbra 2018
Guideline ECB/2012/27 of 5 December 2012 on a Trans-European Automated Real-time Gross settlement Express Transfer system (TARGET2) (OJ L 30, 30.1.2013, p. 1).
Usmernenie ECB/2012/27 z 5. decembra 2012 o Transeurópskom automatizovanom expresnom systéme hrubého vyrovnania platieb v reálnom čase (TARGET2) (Ú. v. EÚ L 30, 30.1.2013, s. 1).
Guideline (EU) 2018/1626 of the European Central Bank of 3 August 2018 amending Guideline ECB/2012/27 on a Trans-European Automated Real-time Gross settlement Express Transfer system (TARGET2) (ECB/2018/20) (OJ L 280, 9.11.2018, p. 40).
Usmernenie Európskej centrálnej banky (EÚ) 2018/1626 z 3. augusta 2018, ktorým sa mení usmernenie ECB/2012/27 o Transeurópskom automatizovanom expresnom systéme hrubého vyrovnania platieb v reálnom čase (TARGET2) (ECB/2018/20) (Ú. v. EÚ L 280, 9.11.2018, s.
Decision ECB/2007/7 of 24 July 2007 concerning the terms and conditions of TARGET2-ECB (OJ L 237, 8.9.2007, p. 71).
40).
The Eurosystem's current policy for the location of infrastructure is set out in the following statements, which are available on the ECB's website at www.ecb.europa.eu: (a) the policy statement on euro payment and settlement systems located outside the euro area of 3 November 1998; (b) the Eurosystem's policy line with regard to consolidation in central counterparty clearing of 27 September 2001; (c) the Eurosystem policy principles on the location and operation of infrastructures settling euro-denominated payment transactions of 19 July 2007; (d) the Eurosystem policy principles on the location and operation of infrastructures settling euro-denominated payment transactions: specification of “legally and operationally located in the euro area” of 20 November 2008; (e) the Eurosystem oversight policy framework, revised version of July 2016.’;
Rozhodnutie Európskej centrálnej banky ECB/2007/7 z 24. júla 2007 o podmienkach TARGET2-ECB (Ú. v. EÚ L 237, 8.9.2007, s. 71).
Guideline ECB/2012/27 of 5 December 2012 on a Trans-European Automated Real-time Gross settlement Express Transfer system (TARGET2) (OJ L 30, 30.1.2013, p. 1).’;
Súčasná politika Eurosystému v oblasti umiestnenia infraštruktúr je ustanovená v nasledujúcich dokumentoch, ktoré sú dostupné na internetových stránkach ECB na www.ecb.europa.eu: a) the policy statement on euro payment and settlement systems located outside the euro area z 3. novembra 1998; b) the Eurosystem's policy line with regard to consolidation in central counterparty clearing z 27. septembra 2001; c) the Eurosystem policy principles on the location and operation of infrastructures settling in euro-denominated payment transactions z 19. júla 2007; d) the Eurosystem policy principles on the location and operation of infrastructures settling euro-denominated payment transactions: specification of ‘legally and operationally located in the euro area’ z 20. novembra 2008; e) the Eurosystem oversight policy framework, revidované znenie z júla 2016.“;
ANNEX I
Usmernenie ECB/2012/27 z 5. decembra 2012 o Transeurópskom automatizovanom expresnom systéme hrubého vyrovnania platieb v reálnom čase (TARGET2) (Ú. v. EÚ L 30, 30.1.2013, s. 1).“;
Annexes I and II to Decision ECB/2007/7 are amended as follows:
PRÍLOHA I
Annex I is amended as follows:
Prílohy I a II k rozhodnutiu ECB/2007/7 sa menia takto:
in Annex I and the Appendices, the term ‘SSP-providing CBs’ is replaced by the term ‘SSP-providing NCBs’ and the term ‘network service provider’ is replaced by the term ‘TARGET2 network service provider’;
Príloha I sa mení takto:
Article 1 is amended as follows:
v prílohe I a v dodatkoch sa pojem „SSP-providing CBs“ nahrádza pojmom „SSP-providing NCBs“ a pojem „network service provider“ sa nahrádza pojmom „TARGET2 network service provider“;
the definition of ‘addressable BIC holder’ is replaced by the following:
článok 1 sa mení takto:
‘“addressable BIC holder” means an entity which: (a) holds a Business Identifier Code (BIC); (b) is not recognised as an indirect participant in the PM; and (c) is a correspondent or customer of a PM account holder or a branch of a direct or indirect participant in the PM, and is able to submit payment orders to and receive payments from a TARGET2 component system via the PM account holder,’;
vymedzenie pojmu „addressable BIC holder“ sa nahrádza takto:
the definition of ‘ancillary system’ is replaced by the following:
„‘addressable BIC holder’ means an entity which: (a) holds a Business Identifier Code (BIC); (b) is not recognised as an indirect participant in the PM; and (c) is a correspondent or customer of a PM account holder or a branch of a direct or indirect participant in the PM, and is able to submit payment orders to and receive payments from a TARGET2 component system via the PM account holder,“;
‘“ancillary system” means a system managed by an entity that is subject to supervision and/or oversight by a competent authority and complies with the oversight requirements for the location of infrastructures offering services in euro, as amended from time to time and published on the ECB's website, in which payments and/or financial instruments are exchanged and/or cleared or recorded with (a) the monetary obligations settled in TARGET2 and/or (b) funds held in TARGET2, in accordance with Guideline ECB/2012/27 and a bilateral arrangement between the ancillary system and the relevant Eurosystem CB,
vymedzenie pojmu „ancillary system“ sa nahrádza takto:
‘“available liquidity” means a credit balance on a participant's PM account and, if applicable, any intraday credit line granted by the relevant euro area NCB in relation to such account but not yet drawn upon, or, if applicable, decreased by the amount of any processed reservations of liquidity on the PM account,’;
vymedzenie pojmu „available liquidity“ sa nahrádza takto:
the definition of ‘business day’ is replaced by the following:
„‘available liquidity’ means a credit balance on a participant's PM account and, if applicable, any intraday credit line granted by the relevant euro area NCB in relation to such account but not yet drawn upon, or, if applicable, decreased by the amount of any processed reservations of liquidity on the PM account,“;
‘“business day” or “TARGET2 business day” means any day on which TARGET2 is open for the settlement of payment orders, as set out in Appendix V,’;
vymedzenie pojmu „business day“ sa nahrádza takto:
the definition of ‘Dedicated Cash Account’ is replaced by the following:
„‘business day’ or ‘TARGET2 business day’ means any day on which TARGET2 is open for the settlement of payment orders, as set out in Appendix V,“;
‘“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,’;
vymedzenie pojmu „Dedicated Cash Account“ sa nahrádza takto:
the definition of ‘event of default’ is amended as follows:
„‘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,“;
point (a) is replaced by the following:
vymedzenie pojmu „event of default“ sa nahrádza takto:
where the participant no longer meets the access criteria laid down in Article 4 or the requirements laid down in Article 6(1)(a);’,
písmeno a) sa nahrádza takto:
point (g) is replaced by the following:
where the participant no longer meets the access criteria laid down in Article 4 or the requirements laid down in Article 6(1)(a);“;
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;’;
písmeno g) sa nahrádza takto:
in the definition of ‘Information and Control Module (ICM)’, the word ‘participants’ is replaced by the words ‘PM account holders’;
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;“;
the definition of ‘ICM broadcast message’ is replaced by the following:
vo vymedzení pojmu „Information and Control Module (ICM)“ sa slovo „participants“ nahrádza slovami „PM account holders“;
‘“ICM broadcast message” means information made simultaneously available to all or a selected group of PM account holders via the ICM,’;
vymedzenie pojmu „ICM broadcast message“ sa nahrádza takto:
the definition of ‘indirect participant’ is replaced by the following:
„‘ICM broadcast message’ means information made simultaneously available to all or a selected group of PM account holders via the ICM,“;
‘“indirect participant” means a credit institution established in the European Union or the European Economic Area (EEA), which has entered into an agreement with a PM account holder to submit payment orders and receive payments via such PM account holder's PM account, and which has been recognised by a TARGET2 component system as an indirect participant,’;
vymedzenie pojmu „indirect participant“ sa nahrádza takto:
in the definition of ‘multi-addressee access’, the words ‘established in the EEA’ are replaced by the words ‘established in the Union or the EEA’;
„‘indirect participant’ means a credit institution established in the European Union or the European Economic Area (EEA), which has entered into an agreement with a PM account holder to submit payment orders and receive payments via such PM account holder's PM account, and which has been recognised by a TARGET2 component system as an indirect participant,“;
in the definition of ‘Main PM account’ the term ‘DCA’ is replaced by the term ‘T2S DCA’;
vo vymedzení pojmu „multi-addressee access“ sa slová „established in the EEA“ nahrádzajú slovami „established in the Union or the EEA“;
the definition of ‘non-settled payment order’ is replaced by the following:
vo vymedzení pojmu „Main PM account“ sa pojem „DCA“ nahrádza pojmom „T2S DCA“;
‘“non-settled payment order” means a payment order that is not settled on the same-business day as that on which it is accepted,’;
vymedzenie pojmu „non-settled payment order“ sa nahrádza takto:
the definition of ‘participant’ is replaced by the following:
„‘non-settled payment order’ means a payment order that is not settled on the same-business day as that on which it is accepted,“;
‘“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,’;
vymedzenie pojmu „participant“ sa nahrádza takto:
the definition of ‘payment order’ is replaced by the following:
„‘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,“;
‘“payment order” means a credit transfer order, a liquidity transfer order, a direct debit instruction, a PM to T2S DCA liquidity transfer order or a PM to TIPS DCA liquidity transfer order,’;
vymedzenie pojmu „payment order“ sa nahrádza takto:
the definition of ‘PM to DCA liquidity transfer order’ is replaced by the following:
„‘payment order’ means a credit transfer order, a liquidity transfer order, a direct debit instruction, a PM to T2S DCA liquidity transfer order or a PM to TIPS DCA liquidity transfer order,“;
‘“PM to T2S DCA liquidity transfer order” means the instruction to transfer a specified amount of funds from a PM account to a T2S DCA,’;
vymedzenie pojmu „PM to DCA liquidity transfer order“ sa nahrádza takto:
in the definition of ‘technical malfunction of TARGET2’, the words ‘same-day processing of payments’ are replaced by the words ‘same business-day processing of payments’;
„‘PM to T2S DCA liquidity transfer order’ means the instruction to transfer a specified amount of funds from a PM account to a T2S DCA,“;
the following definitions are inserted:
vo vymedzení pojmu „technical malfunction of TARGET2“ sa slová „same-day processing of payments“ nahrádzajú slovami „same business-day processing of payments“;
‘“TARGET2-Securities (T2S)” or “T2S Platform” means the set of hardware, software and other technical infrastructure components through which the Eurosystem provides the services to CSDs and Eurosystem CBs that allow core, neutral and borderless settlement of securities transactions on a delivery-versus-payment basis in central bank money,’,
vkladá sa nasledujúce vymedzenie pojmov:
‘“TARGET Instant Payment Settlement (TIPS) service” means the settlement in central bank money of instant payment orders on the TIPS Platform,’,
„‘TARGET2-Securities (T2S)’ or ‘T2S Platform’ means the set of hardware, software and other technical infrastructure components through which the Eurosystem provides the services to CSDs and Eurosystem CBs that allow core, neutral and borderless settlement of securities transactions on a delivery-versus-payment basis in central bank money,“
‘“TIPS Platform” means the single technical platform infrastructure provided by the TIPS Platform-providing NCBs,’,
„‘TARGET Instant Payment Settlement (TIPS) service’ means the settlement in central bank money of instant payment orders on the TIPS Platform,“
‘“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,’,
„‘TIPS Platform’ means the single technical platform infrastructure provided by the TIPS Platform-providing NCBs,“
‘“TIPS network service provider” means an undertaking which has: (a) met all of the necessary conditions to connect to, and established a technical connection to, the TIPS Platform in accordance with the rules and procedures set out in Appendix V to Annex III to Decision ECB/2007/7; and (b) signed the TIPS connectivity hosting terms and conditions which are available on the ECB's website,’,
„‘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,“
‘“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,’,
„‘TIPS network service provider’ means an undertaking which has: (a) met all of the necessary conditions to connect to, and established a technical connection to, the TIPS Platform in accordance with the rules and procedures set out in Appendix V to Annex III to Decision ECB/2007/7; and (b) signed the TIPS connectivity hosting terms and conditions which are available on the ECB's website,“
‘“Linked PM account” means the PM account with which a TIPS DCA is associated for the purpose of liquidity management and payment of TIPS fees,’,
„‘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,“
‘“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,’,
„‘Linked PM account’ means the PM account with which a TIPS DCA is associated for the purpose of liquidity management and payment of TIPS fees,“
‘“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,’,
„‘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,“
‘“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,’,
„‘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,“
‘“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,’,
„‘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,“
‘“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,’;
„‘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,“
Acts and omissions of the SSP-providing NCBs shall be considered acts and omissions of the ECB, for which it shall assume liability in accordance with Article 25 below.
„‘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,“;
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 the Settlement Finality Directive.
Acts and omissions of the SSP-providing NCBs shall be considered acts and omissions of the ECB, for which it shall assume liability in accordance with Article 25 below.
TARGET2-ECB is designated as a “system” under § 1(16) of the KWG.
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 the Settlement Finality Directive.
No intraday credit is provided to participants in TARGET2-ECB.’;
TARGET2-ECB is designated as a ‘system’ under § 1(16) of the KWG.
in Article 6(1)(a), the term ‘TARGET2-ECB’ is replaced by the words ‘the SSP’;
No intraday credit is provided to participants in TARGET2-ECB.“;
Article 9 is amended as follows:
v článku 6 ods. 1 písm. a) sa pojem „TARGET2-ECB“ nahrádza pojmom „the SSP“
in paragraph 3, the first sentence is replaced by the following:
článok 9 sa mení takto:
‘Up-to-date information on the SSP's operational status shall be available on the TARGET2 Information System (T2IS) on a dedicated webpage on the ECB's website.’;
v odseku 3 sa prvá veta nahrádza takto:
the following paragraph 4a is inserted:
„Up-to-date information on the SSP's operational status shall be available on the TARGET2 Information System (T2IS) on a dedicated webpage on the ECB's website.“;
The holder of the Linked PM account shall be responsible for informing in a timely manner its TIPS DCA holders of any relevant ICM broadcast message, including those related to the suspension or termination of any TIPS DCA holder's participation in TARGET2-ECB.’;
vkladá sa tento odsek 4a:
paragraph 8 is replaced by the following:
The holder of the Linked PM account shall be responsible for informing in a timely manner its TIPS DCA holders of any relevant ICM broadcast message, including those related to the suspension or termination of any TIPS DCA holder's participation in TARGET2-ECB.“;
Participants shall immediately inform the ECB if an event of default occurs in relation to themselves.’;
odsek 8 sa nahrádza takto:
Article 10 is amended as follows:
Participants shall immediately inform the the ECB if an event of default occurs in relation to themselves.“;
paragraph 5 is replaced by the following:
článok 10 sa mení takto:
A PM account holder accepting its PM account to be designated as the Main PM account shall be bound by any invoices related to the opening and operation of each T2S DCA linked to that PM account, as set out in Appendix VI to this Annex, including any penalties levied in accordance with paragraph 9(d) of Annex IIIa, regardless of the content of, or any non-compliance with, the contractual or other arrangements between that PM account holder and the T2S DCA holder.’;
odsek 5 sa nahrádza takto:
in paragraph 6, the term ‘DCA’ is replaced by the term ‘T2S DCA’;
A PM account holder accepting its PM account to be designated as the Main PM account shall be bound by any invoices related to the opening and operation of each T2S DCA linked to that PM account, as set out in Appendix VI to this Annex, including any penalties levied in accordance with paragraph 9(d) of Annex IIIa, regardless of the content of, or any non-compliance with, the contractual or other arrangements between that PM account holder and the T2S DCA holder.“;
the following paragraphs 7 and 8 are added:
v odseku 6 sa pojem „DCA“ nahrádza pojmom „T2S DCA“;
The holder of a Linked PM account shall have an overview of the liquidity available on the TIPS DCAs linked to that PM account and ensure the TIPS DCA holders are aware of their responsibility to manage that liquidity.’;
dopĺňajú sa tieto odseky 7 a 8:
Article 11 is amended as follows:
The holder of a Linked PM account shall have an overview of the liquidity available on the TIPS DCAs linked to that PM account and ensure the TIPS DCA holders are aware of their responsibility to manage that liquidity.“;
points (c) and (d) are replaced by the following:
článok 11 sa mení takto:
PM to T2S DCA liquidity transfer orders; and’;
v odseku 2 sa písm. c) a d) sa nahrádzajú takto:
the following point (e) is added:
PM to T2S DCA liquidity transfer orders; and“;
PM to TIPS DCA liquidity transfer orders.’;
vkladá sa toto písmeno e):
in Article 12, paragraph 3 is replaced by the following:
PM to TIPS DCA liquidity transfer orders.“;
The SSP attaches its timestamp for the processing of payment orders in the sequence of their receipt.’;
v článku 12 sa odsek 3 nahrádza takto:
in Article 13, paragraph 2 is replaced by the following:
The SSP attaches its timestamp for the processing of payment orders in the sequence of their receipt.“;
All payment instructions submitted by an ancillary system through the ASI to debit or credit the participants' PM accounts and all PM to T2S DCA liquidity transfer orders and PM to TIPS DCA liquidity transfer orders submitted shall be deemed to be highly urgent payment orders.’;
v článku 13 sa odsek 2 nahrádza takto:
in Article 23(1), point (b) is replaced by the following:
All payment instructions submitted by an ancillary system through the ASI to debit or credit the participants' PM accounts and all PM to T2S DCA liquidity transfer orders and PM to TIPS DCA liquidity transfer orders submitted shall be deemed to be highly urgent payment orders.“;
may be used to initiate liquidity transfer orders, TIPS DCA to PM liquidity transfer orders, PM to TIPS DCA liquidity transfer orders, PM to T2S DCA liquidity transfer orders and, when the ICM is used in combination with the T2S value added services, T2S DCA to PM liquidity transfer orders; and’;
v článku 23 ods. 1 sa písmeno b) nahrádza takto:
in Article 25, paragraph 5 is replaced by the following:
may be used to initiate liquidity transfer orders, TIPS DCA to PM liquidity transfer orders, PM to TIPS DCA liquidity transfer orders, PM to T2S DCA liquidity transfer orders and, when the ICM is used in combination with the T2S value added services, T2S DCA to PM liquidity transfer orders; and“;