natgillin/translations-raw huggingface dataset:
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.’;
v článku 25 sa odsek 5 nahrádza takto:
Article 28 is amended as follows:
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 paragraph 1, the second sentence is replaced by the following:
článok 28 sa mení takto:
‘For the purposes of this paragraph, the taking of crisis prevention measures or crisis management measures within the meaning of Directive 2014/59/EU of the European Parliament and of the Council against a PM account holder shall not automatically qualify as the opening of insolvency proceedings.
v odseku 1 sa druhá veta nahrádza takto:
in paragraph 2, point (f) is replaced by the following:
„For the purposes of this paragraph, the taking of crisis prevention measures or crisis management measures within the meaning of Directive 2014/59/EU of the European Parliament and of the Council against a PM account holder shall not automatically qualify as the opening of insolvency proceedings.
the ECB suspends, limits or terminates the participant's access to intraday credit pursuant to paragraph 12 of Annex III to Guideline ECB/2012/27.’;
v odseku 2 sa písm. f) nahrádza takto:
in paragraph 4(a), the words ‘DCA holders’ and ‘DCA holder’ are replaced by the words ‘T2S DCA holders’ and ‘T2S DCA holder’, respectively;
the ECB suspends, limits or terminates the participant's access to intraday credit pursuant to paragraph 12 of Annex III to Guideline ECB/2012/27.“;
Article 32 is amended as follows:
v odseku 4 písm. a) sa slová „DCA holders“ a nahrádzajú slovami „T2S DCA holders“ a slová „DCA holder“ nahrádzajú slovami „T2S DCA holder“;
the following paragraph 1a is inserted:
článok 32 sa mení takto:
By derogation from paragraph 1, the participant agrees that information on any action taken under Article 28 shall not be considered as confidential.’;
vkladá sa tento odsek 1a:
paragraph 2 is replaced by the following:
By derogation from paragraph 1, the participant agrees that information on any action taken under Article 28 shall not be considered as confidential.“;
The ECB shall not be liable for the financial and commercial consequences of such disclosure.’
odsek 2 sa nahrádza takto:
in Article 33(3), point (a)(ii) is replaced by the following:
The ECB shall not be liable for the financial and commercial consequences of such disclosure.“
the participant shall not enter any payment order for the transfer of funds to an account held by an entity different than the participant, 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;’;
v článku 33 ods. 3 sa písm. a) bod ii) nahrádza takto:
in Article 34, the second sentence is replaced by the following:
the participant shall not enter any payment order for the transfer of funds to an account held by an entity different than the participant, into TARGET2 until it has obtained confirmation from the 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;“;
‘Notices to the ECB shall be submitted to the European Central Bank, Director-General of the ECB's Directorate-General Payment Systems and Market Infrastructure, Sonnemannstrasse 22, 60314 Frankfurt am Main, Germany or to the BIC address of the ECB: ECBFDEFF.’;
v článku 34 sa druhá veta nahrádza takto:
in Article 36, in the first and second sentences the words ‘including its Appendices’ are replaced by the words ‘including the Appendices’;
„Notices to the ECB shall be submitted to the European Central Bank, Director-General of the ECB's Directorate-General Payment Systems and Market Infrastructure, Sonnemannstrasse 22, 60314 Frankfurt am Main, Germany or to the BIC address of the ECB: ECBFDEFF.“;
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’;
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“; ii) v bode sa vkladá toto písm. e):
the following point (8)(e) is added:
by means of a PM to TIPS DCA liquidity transfer order or a TIPS DCA to PM liquidity transfer order.“;
by means of a PM to TIPS DCA liquidity transfer order or a TIPS DCA to PM liquidity transfer order.’;
dodatok IV sa mení takto:
Appendix IV is amended as follows:
v odseku 4 s názvom „Relocation of the operation of the SSP to an alternative site“ v písm. c) sa pojem „PM to DCA liquidity transfer order“ nahrádza pojmom „PM to T2S DCA liquidity transfer order“;
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’;
odsek 6 s názvom „Contingency processing“ sa mení takto:
paragraph 6 entitled ‘Contingency processing’ is amended as follows:
písmeno c) bod i) sa nahrádza takto:
point (c)(i) is replaced by the following:
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;“;
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;’,
písmeno d) bod iii) sa nahrádza takto:
point (d)(iii) is replaced by the following:
T2S DCA to PM liquidity transfer orders.“;
T2S DCA to PM liquidity transfer orders.’;
v odseku 8 s názvom „Other provisions“ v písm. b) sa slová „the SSP“ nahrádzajú slovami „the operational team of the SSP“;
in paragraph 8 entitled ‘Other provisions’, in point (b) the words ‘the SSP’ are replaced by the words ‘the operational team of the SSP’;
dodatok V sa mení takto:
Appendix V is amended as follows:
harmonogram sa nahrádza týmto:
the schedule is replaced by the following:
„Time
‘Time
‘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)
“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)
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)
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)
dopĺňa sa tento odsek 6:
the following paragraph 6 is added:
The information on the SSP's operational status on T2IS and the ECB's website shall only be updated during normal business hours.“;
The information on the SSP's operational status on T2IS and the ECB's website shall only be updated during normal business hours.’;
dodatok VI sa mení takto:
Appendix VI is amended as follows:
v odseku 1 sa posledná veta nahrádza takto:
in paragraph 1, the last sentence is replaced by the following:
„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.“;
‘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.’;
v odsekoch 4a 5 a v tabuľke sa pojem „DCA“ nahrádza pojmom „T2S DCA“;
in paragraphs 4 and 5 and the table, the term ‘DCA’ is replaced by the term ‘T2S DCA’,
v tabuľke sa medzi treťou kolónkou („U2A queries“) a štvrtou kolónkou („Messages bundled into a file“) vkladá pod názvom „Information services“ táto kolónka:
in the table, the following field is inserted between the third (‘U2A queries’) and fourth (‘Messages bundled into a file’) fields under ‘Information services’:
„U2A queries downloaded
‘U2A queries downloaded
Per queried business item in any U2A query generated and downloaded“;
Per queried business item in any U2A query generated and downloaded’
vkladajú sa tieto odseky 5a a 5b:
the following paragraphs 5a and 5b are inserted:
„Fees for Linked PM account holders
‘Fees for Linked PM account holders
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 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.’;
v odseku 6 sa posledná veta nahrádza takto:
in paragraph 6, the last sentence is replaced by the following:
„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.“;
‘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.’;
odsek 7 sa mení takto:
paragraph 7 is amended as follows:
v odseku 7 sa pojem „DCA“ nahrádza pojmom „T2S DCA“;
in paragraph 7, the term ‘DCA’ is replaced by the term ‘T2S DCA’,
v písm. b) sa slová „transactions settled on DCAs“ nahrádzajú slovami „transactions settled on T2S DCAs and TIPS DCAs“;
in point (b), the words ‘transactions settled on DCAs’ are replaced by the words ‘transactions settled on T2S DCAs and TIPS DCAs’,
v písm. d) v tabuľke sa slová „DCA to DCA liquidity transfer orders“ nahrádzajú slovami „T2S DCA to T2S DCA liquidity transfer orders“;
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’,
v písm. d) sa vkladá tento bod iv):
the following point (d)(iv) is added:
euro cent
(euro cent)
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 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.’;
Príloha II sa mení takto:
Annex II is amended as follows:
názov sa nahrádza takto:
‘TERMS AND CONDITIONS FOR THE OPENING AND OPERATION OF A T2S DEDICATED CASH ACCOUNT (T2S DCA) IN TARGET2’;
vo vymedzeniach pojmov a vo zvyšku textu prílohy II a v dodatkoch sa pojem „DCA“ nahrádza pojmom „T2S DCA“, pojem „DCA to PM liquidity transfer order“ sa nahrádza pojmom „T2S DCA to PM liquidity transfer order“, pojem „PM to DCA liquidity transfer order“ sa nahrádza pojmom „PM to T2S DCA liquidity transfer order“, pojem „DCA to DCA liquidity transfer order“ sa nahrádza pojmom „T2S DCA to T2S DCA liquidity transfer order“, pojem „DCA holder“ sa nahrádza pojmom „T2S DCA holder“;
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’;
vymedzenie pojmu „Dedicated Cash Account (DCA)“ sa nahrádza takto:
‘“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,’;
vo vymedzení pojmu „event of default“ sa písm. g) nahrádza takto:
‘“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,’;
vo vymedzení pojmu „technical malfunction of TARGET2“ sa slová „same-day processing“ nahrádzajú slovami „same-business day processing“;
in the definition of ‘technical malfunction of TARGET2’, the words ‘same-day processing’ are replaced by the words ‘same-business day processing’;
dopĺňajú sa tieto vymedzenia pojmov:
“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,’;
v článku 3 sa slová „dedicated cash accounts“ nahrádzajú slovami „T2S Dedicated Cash Accounts“;
in Article 3, the words ‘dedicated cash accounts’ are replaced by the words ‘T2S Dedicated Cash Accounts’;
článok 4 sa nahrádza takto:
TARGET2-ECB is designated as a “system” under the national laws implementing Directive 98/26/EC.
článok 6 sa mení takto:
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.’;
v odseku 1 písm. b) sa bod ii) nahrádza takto:
in paragraph 1, point (b)(ii) is replaced by the following:
odsek 3 sa nahrádza takto:
The ECB may also request any additional information it deems necessary to decide on the application to open a T2S DCA.’;
v článku 10 sa odsek 3 nahrádza takto:
in Article 10, paragraph 3 is replaced by the following:
v článku 12 ods. 1 sa slová „by means of a unique 34-character account number“ nahrádzajú slovami „by means of a unique account number of up to 34 characters“;
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.’;
v článku 14 sa odsek 3 nahrádza takto:
in Article 14, paragraph 3 is replaced by the following:
článok 16 sa mení takto:
The T2S Platform attaches its timestamp for the processing of payment orders in the sequence of their receipt.’;
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
Article 16 is amended as follows:
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 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
odsek 3 sa vypúšťa;
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.
článok 18 sa mení takto:
A list of CSDs for which this point (b) applies is available on the website of the ECB.’;
„T2S DCA holders shall be exclusively responsible for the adequate protection of the confidentiality, integrity and availability of their systems.“;
paragraph 3 is deleted;
v odseku 2 sa druhá veta nahrádza takto:
Article 18 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.“;
‘T2S DCA holders shall be exclusively responsible for the adequate protection of the confidentiality, integrity and availability of their systems.’;
v článku 19:
in paragraph 2, the second sentence is replaced by the following:
pojem „TARGET2 ICM“ sa nahrádza pojmom „ICM“;
‘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.’;
v odseku 3 sa posledná veta nahrádza takto:
in Article 19:
„Further technical details relating to the ICM are contained in Appendix I to Annex II to Decision ECB/2007/7.“;
the term ‘TARGET2 ICM’ is replaced by the term ‘ICM’;
v článku 21 sa odsek 5 nahrádza takto:
the last sentence of paragraph 3 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.“;
‘Further technical details relating to the ICM are contained in Appendix I to Annex II to Decision ECB/2007/7.’;
v článku 24 ods. 1 sa druhá veta nahrádza takto:
in Article 21, paragraph 5 is replaced by the following:
„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.“;
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.’
v článku 26 sa odsek 3 nahrádza takto:
in Article 24(1), the second sentence is replaced by the following:
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.“;
‘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.’;
článok 27 sa mení takto:
in Article 26, paragraph 3 is replaced by the following:
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.“;
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.’;
The ECB shall not be liable for the financial and commercial consequences of such disclosure.“;
Article 27 is amended as follows:
v odseku 1 sa slová „payment orders“ nahrádzajú slovom „payments“;
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.’;
v odseku 3 písm. a) sa bod ii) nahrádza takto:
The ECB shall not be liable for the financial and commercial consequences of such disclosure.’;
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;“;
in paragraph 1, the words ‘payment orders’ are replaced by the word ‘payments’;
v článku 29 sa druhá veta nahrádza takto:
in paragraph 3, point (a)(ii) is replaced by the following:
v dodatku I sa nadpis nahrádza takto:
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;’;
„PARAMETERS OF THE T2S DEDICATED CASH ACCOUNTS – TECHNICAL SPECIFICATIONS“;
in Article 29, the second sentence is replaced by the following:
v tabuľke v odseku 6 v súvislosti s harmonogramom SSP, v piatom riadku prvého stĺpca s názvom „Time“ sa „1.00 – 6.45“ nahrádza „1.00 – 7.00“;
in Appendix I, the title is replaced by the following:
dopĺňa sa tento odsek 7:
‘PARAMETERS OF THE T2S DEDICATED CASH ACCOUNTS — TECHNICAL SPECIFICATIONS’;
The information on the operational status of the SSP and the T2S Platform on T2IS, TARGET2-Securities Information System and the ECB's website shall only be updated during normal business hours.“.
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’;
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.
the following paragraph 7 is added:
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).“;
The information on the operational status of the SSP and the T2S Platform on T2IS, TARGET2-Securities Information System and the ECB's website shall only be updated during normal business hours.’.
Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (OJ L 173, 12.6.2014, p. 190).“;