natgillin/translations-raw huggingface dataset:
The Group of Central Bank Governors and Heads of Supervision (GHoS) which oversees the BCBS endorsed on 27 March 2020 that the timeline for implementing the final elements of the Basel III reform be postponed by one year, including the leverage ratio buffer for global systemically important banks, which will become applicable in the Union on 1 January 2022.
Skupina guvernerjev centralnih bank in vodij nadzornih organov, ki nadzira delo odbora BCBS, je 27. marca 2020 odobrila enoletni odlog časovnega okvira za izvajanje končnih elementov reforme Basel III, vključno z blažilnikom količnika finančnega vzvoda za globalne sistemsko pomembne banke, ki se bo začel v Uniji uporabljati 1. januarja 2022.
Competent authorities should therefore be able to set the reference date for the recalibration so that the recalibration remains stable for the period of the exceptional circumstances.
Zato bi bilo treba pristojnim organom omogočiti, da določijo referenčni datum za ponovno umerjanje, zato da ponovno umerjanje v obdobju izjemnih okoliščin ostane stabilno.
Credit institutions might not be willing to use their buffers for additional lending due to concerns of being obliged to cancel Additional Tier 1 coupons and face the potentially negative reactions of market participants.
Kreditne institucije morda ne bodo pripravljene uporabiti blažilnikov za dodatno kreditiranje zaradi skrbi, da bodo morale preklicati kupone za dodatni temeljni kapital in se soočiti z morebitnimi negativnimi odzivi tržnih udeležencev.
The ECB has also encouraged institutions to avoid excessive procyclical effects in the application of the International Financial Reporting Standard (IFRS) 9 (5) , reduced temporarily the qualitative market risk multiplier to cater for the extraordinary levels of market volatility (6) and issued a recommendation on dividend distributions aimed at preserving capital resources within the banking system to enhance its capacity to support the real economy (7) .
ECB je prav tako pozvala institucije k izogibanju pretiranim procikličnim učinkom pri uporabi Mednarodnega standarda računovodskega poročanja (MSRP) 9 (5) , začasno zmanjšala kvalitativni multiplikator za tržno tveganje v odziv na izjemno veliko tržno nestanovitnost (6) ter izdala priporočilo o razdelitvi dividend, da bi kapitalski viri ostali v bančnem sistemu, s čimer bi se povečala njegova zmožnost za podporo realnemu gospodarstvu (7) .
However, by the time a competent authority exercises its discretion, which could be on 28 June 2021 or a date thereafter, the amount of central bank reserves held by a credit institution could already have increased significantly owing to monetary policy measures.
Lahko pa se zgodi, da se bodo do takrat, ko bo pristojni organ uveljavil diskrecijsko pravico, kar bi bilo lahko 28. junija 2021 ali pozneje, centralnobančne rezerve, ki jih ima kreditna institucija, že precej povečale zaradi ukrepov denarne politike.
If the Common Equity Tier 1 (CET1) ratio of credit institutions falls below the level of the combined buffer requirement, credit institutions can distribute resources only within the limits of the maximum distributable amount (10) .
Če se količnik navadnega lastniškega temeljnega kapitala kreditnih institucij zniža pod raven zahteve po skupnem blažilniku, lahko kreditne institucije razdelijo sredstva samo do maksimalnega zneska za razdelitev (10) .
Given uncertainty over the duration of the exceptional circumstances, the recalibration mechanism may substantially impede the effectiveness of the measure in facilitating the proper implementation and transmission of monetary policy.
Ker je trajanje izjemnih okoliščin negotovo, bi lahko mehanizem ponovnega umerjanja bistveno oviral učinkovitost ukrepa pri olajševanju pravilnega izvajanja in transmisije denarne politike.
The unprecedented implications of the global crisis triggered by the coronavirus (COVID-19) pandemic have prompted public authorities globally to take swift and decisive actions aimed at ensuring that credit institutions can continue to fulfil their role in funding the real economy and are able to support economic recovery, notwithstanding the likely increasing losses they will face due to the crisis.
Javni organi po vsem svetu so morali zaradi posledic svetovne krize brez primere, ki jo je povzročila pandemija koronavirusa (COVID-19), hitro in odločno ukrepati, da bi kreditnim institucijam omogočili, da lahko še naprej izpolnjujejo svojo vlogo pri financiranju realnega gospodarstva in da lahko podprejo gospodarsko okrevanje, ne glede na verjetnost povečanja izgub zaradi krize.
(7) Recommendation of the European Central Bank of 27 March 2020 on dividend distributions during the COVID-19 pandemic and repealing Recommendation ECB/2020/1 (ECB/2020/19) ( OJ C 102 I, 30.3.2020, p. 1 ).
(7) Priporočilo Evropske centralne banke z dne 27. marca 2020 o politiki razdelitve dividend med pandemijo bolezni COVID-19 in o razveljavitvi Priporočila ECB/2020/1 (ECB/2020/19) ( UL C 102 I, 30.3.2020, str. 1 ).
The final leverage ratio standard published by the BCBS in December 2017 (18) provides that, in order to facilitate the implementation of monetary policies, a jurisdiction may temporarily exempt central bank reserves from the leverage ratio exposure measure in exceptional macroeconomic circumstances.
Končni standard za količnik finančnega vzvoda, ki ga je odbor BCBS objavil decembra 2017 (18) , določa, da lahko jurisdikcija zaradi lažjega izvajanja denarnih politik centralnobančne rezerve v izjemnih makroekonomskih okoliščinah začasno izključi iz mere izpostavljenosti za izračun količnika finančnega vzvoda.
The ECB welcomes the proposal to temporarily extend the more beneficial treatment of Article 47c(4) of CRR to NPEs guaranteed by national government or other public entities, which is also in line with the ECB's suggestion (16) .
ECB pozdravlja predlog za začasno razširitev ugodnejše obravnave iz člena 47c(4) CRR na nedonosne izpostavljenosti, za katere jamči država ali drugi javni subjekti, kar je tudi skladno s predlogom ECB (16) .
The proposed regulation envisages an alignment of the applicable timeline in CRR with the new timeline endorsed by the GHoS i.e. 1 January 2023 rather than 1 January 2022 (17) .
Predlagana uredba predvideva uskladitev veljavnega časovnega okvira v CRR z novim časovnim okvirom, ki ga je odobrila skupina guvernerjev in vodij nadzornih organov, tj. 1. januarjem 2023 namesto 1. januarja 2022 (17) .
The ECB has made use of the supervisory flexibility permitted by the current legal framework to support credit institutions to keep providing credit to households, viable businesses and corporates hardest hit by the current economic fallout (2) .
ECB je uporabila nadzorniško fleksibilnost, ki jo omogoča sedanji pravni okvir, da pomaga kreditnim institucijam pri nadaljnjem kreditiranju gospodinjstev, podjetij, ki so sposobna preživeti, in družb, ki jih je trenutni gospodarski upad najbolj prizadel.
While individual credit institutions are able to shift these reserves around, the banking system will not be able to avoid holding these additional reserves and the accompanying increase in the leverage ratio total exposure measure.
Medtem ko lahko posamezne kreditne institucije te rezerve prerazporejajo, se bančni sistem ne bo mogel izogniti razpolaganju s temi dodatnimi rezervami in s tem povezanemu povečanju mere skupne izpostavljenosti za izračun količnika finančnega vzvoda.
Firstly, this solution would allow tailoring the scope of the additional measures to address the effects related to COVID-19, distinguishing them from the day-one impact that the increase in provisions had on CET1 capital due to the introduction of IFRS 9.
Prvič, ta rešitev bi omogočila prilagoditev obsega dodatnih ukrepov za obravnavo posledic v zvezi s COVID-19 in njihovo razlikovanje od učinka prvega dne, ki ga je imelo povečanje rezervacij zaradi uvedbe MSRP 9 na navadni lastniški temeljni kapital.
On 3 April 2020, the BCBS agreed on amendments (12) to the existing transitional arrangements for the regulatory treatment of ECL in light of the COVID-19 crisis.
Odbor BCBS je 3. aprila 2020 dosegel dogovor o spremembah (12) zdaj veljavne prehodne ureditve za regulativno obravnavo pričakovanih kreditnih izgub ob upoštevanju krize zaradi COVID-19.
As a further general observation regarding the readiness to provide loans to the economy, the ECB points to the following.
ECB ima v zvezi s pripravljenostjo za kreditiranje gospodarstva še naslednjo splošno pripombo.
Date of application of the leverage ratio buffer
Datum začetka uporabe blažilnika količnika finančnega vzvoda
(12) See BIS press release of 3 April 2020, Basel Committee sets out additional measures to alleviate the impact of Covid-19, available at https://www.bis.org/press/p200403.htm
(12) Glej sporočilo BIS za javnost z dne 3. aprila 2020 z naslovom Basel Committee sets out additional measures to alleviate the impact of Covid-19, dostopno na naslovu https://www.bis.org/press/p200403.htm.
A recalibration based on the central bank reserves held by a credit institution on the date a competent authority exercises its discretion might not fully facilitate the implementation and effective transmission of monetary policy measures.
Ponovno umerjanje na podlagi centralnobančnih rezerv, ki jih ima kreditna institucija na datum, ko pristojni organ uveljavi svojo diskrecijsko pravico, morda ne bi najbolj olajšalo izvajanja in učinkovite transmisije ukrepov denarne politike.
The ECB supports the decision to make use of the extended timeline agreed at international level for the finalisation of the Basel III reforms for the purposes of their transposition into Union law.
ECB podpira odločitev, da se za prenos reform Basel III v pravo Unije uporabi daljši časovni okvir za dokončanje teh reform, ki je bil dogovorjen na mednarodni ravni.
On 6 and 12 May 2020 the European Central Bank (ECB) received a request from the Council of the European Union and the European Parliament, respectively, for an opinion on a proposal for a Regulation of the European Parliament and of the Council amending Regulations (EU) No 575/2013 and (EU) 2019/876 as regards adjustments in response to the COVID-19 pandemic (1) (hereinafter the ‘proposed regulation').
Evropska centralna banka (ECB) je 6. in 12. maja 2020 prejela zahtevi Sveta Evropske unije oziroma Evropskega parlamenta za mnenje o predlogu uredbe Evropskega parlamenta in Sveta o spremembi uredb (EU) št. 575/2013 in (EU) 2019/876 glede prilagoditev zaradi pandemije COVID-19 (1) (v nadaljnjem besedilu: predlagana uredba).
In order for the exclusion to be fully effective the ECB suggests the following modifications.
ECB za zagotovitev polne učinkovitosti izključitve predlaga naslednje spremembe.
As a result, compared to international standards, competent authorities are restricted in their available supervisory measures from achieving their objective of maintaining credit institutions' ability to provide market liquidity and to continue market-making activities in extraordinary circumstances, which play a critical role in supporting the real economy.
Zato imajo pristojni organi v primerjavi z mednarodnimi standardi omejene razpoložljive nadzorniške ukrepe, s katerimi bi lahko dosegli cilj ohranjanja zmožnosti kreditnih institucij za zagotavljanje tržne likvidnosti in ohranjanje dejavnosti vzdrževanja trga v izjemnih okoliščinah, kar je ključno pri podpiranju realnega gospodarstva.
In the case of NPEs guaranteed by ECAs, the part of the exposure covered by such guarantee only needs to be fully deducted after seven years in NPE status, while there is no deduction requirement before that.
Če za nedonosne izpostavljenosti jamčijo uradne izvozne agencije, je treba del izpostavljenosti, za katerega velja tako jamstvo, v celoti odbiti šele po sedmih letih statusa nedonosne izpostavljenosti, pred tem pa ni nobene zahteve za odbitek.
The dynamic component allows credit institutions to partially neutralise the impact of the additional (i.e. post-day-one) increase in provisions for exposures that are not credit-impaired.
Dinamična komponenta kreditnim institucijam omogoča, da delno izničijo učinek dodatnega povečanja rezervacij (tj. po prvem dnevu) za izpostavljenosti, katerim se kreditna kakovost ni poslabšala.
The proposed regulation envisages a temporary extension of the specific treatment of NPEs guaranteed by ECAs to NPEs guaranteed by national governments or other public entities, which are eligible as credit protection providers under the credit risk mitigation rules (14) , provided that the guarantee or counter-guarantee is provided as part of support measures to assist borrowers during the COVID-19 pandemic (15) .
Predlagana uredba predvideva začasno razširitev posebne obravnave nedonosnih izpostavljenosti, za katere jamčijo uradne izvozne agencije, na nedonosne izpostavljenosti, za katere jamči država ali drugi javni subjekti, ki so primerni za dajalce kreditnega zavarovanja v skladu s pravili o zmanjševanju kreditnega tveganja (14) , če je jamstvo ali posredno jamstvo zagotovljeno kot del ukrepov podpore za pomoč kreditojemalcem v času pandemije COVID-19 (15) .
Additional measures, such as disregarding overshootings (resulting from both actual and hypothetical losses) in extraordinary circumstances, would better achieve this objective.
Ta cilj bi bilo lažje doseči z dodatnimi ukrepi, kot je neupoštevanje preseganj (zaradi dejanskih in hipotetičnih izgub) v izjemnih okoliščinah.
This would allow competent authorities to disregard any day-to-day variation of central bank reserves when setting the new minimum requirement for each institution.
Zato bi lahko pristojni organi pri določanju nove minimalne zahteve za vsako institucijo zanemarili dnevne spremembe centralnobančnih rezerv.
(17) See proposed amendment to Article 3(5) of Regulation (EU) 2019/876 of the European Parliament and of the Council of 20 May 2019 amending Regulation (EU) No 575/2013 as regards the leverage ratio, the net stable funding ratio, requirements for own funds and eligible liabilities, counterparty credit risk, market risk, exposures to central counterparties, exposures to collective investment undertakings, large exposures, reporting and disclosure requirements, and Regulation (EU) No 648/2012 ( OJ L 150, 7.6.2019, p. 1 ).
(17) Glej predlagano spremembo člena 3(5) Uredbe (EU) 2019/876 Evropskega parlamenta in Sveta z dne 20. maja 2019 o spremembi Uredbe (EU) št. 575/2013 v zvezi s količnikom finančnega vzvoda, količnikom neto stabilnega financiranja, zahtevami glede kapitala in kvalificiranih obveznosti, kreditnim tveganjem nasprotne stranke, tržnim tveganjem, izpostavljenostmi do centralnih nasprotnih strank, izpostavljenostmi do kolektivnih naložbenih podjemov, velikimi izpostavljenostmi, zahtevami glede poročanja in razkritja ter Uredbe (EU) št. 648/2012 ( UL L 150, 7.6.2019, str. 1 ).
These developments impact the CET1 ratios of credit institutions and might also impact credit institutions' capacity to continue market making activities and provide market liquidity, adversely affecting the orderly functioning of the market.
Te spremembe vplivajo na količnike navadnega lastniškega temeljnega kapitala kreditnih institucij, lahko pa bi vplivale tudi na zmožnost kreditnih institucij za nadaljevanje dejavnosti vzdrževanja trga in zagotavljanja tržne likvidnosti, kar bi negativno vplivalo na pravilno delovanje trga.
(10) See Article 141 of Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC ( OJ L 176, 27.6.2013, p. 338 ).
(10) Glej člen 141 Direktive 2013/36/EU Evropskega parlamenta in Sveta z dne 26. junija 2013 o dostopu do dejavnosti kreditnih institucij in bonitetnem nadzoru kreditnih institucij in investicijskih podjetij, spremembi Direktive 2002/87/ES in razveljavitvi direktiv 2006/48/ES in 2006/49/ES ( UL L 176, 27.6.2013, str. 338 ).
According to Article 47c(4) of CRR, non-performing exposures (NPEs) guaranteed by official export credit agencies (ECAs) receive a preferential treatment in relation to deduction requirements under Article 47c(3) of CRR (the so-called prudential NPE backstop).
V skladu s členom 47c(4) CRR se nedonosne izpostavljenosti, za katere jamčijo uradne izvozne agencije, obravnavajo ugodneje v zvezi z zahtevami za odbitke iz člena 47c(3) CRR (t. i. bonitetni varovalni mehanizem za nedonosne izpostavljenosti).
This is because the increase in central bank reserves that these measures imply is expected to have largely occurred by that date.
Ta ugotovitev temelji na pričakovanju, da se bo povečanje centralnobančnih rezerv na podlagi teh ukrepov do navedenega datuma večinoma že zgodilo.
The ECB supports an amendment of Article 473a of CRR in order to allow credit institutions to add back to their CET1 capital an amount limited to the increase attributable to the dynamic component of the ECL provisions after 31 December 2019.
ECB podpira spremembo člena 473a CRR, s katero bi se kreditnim institucijam omogočilo, da svojemu navadnemu lastniškemu temeljnemu kapitalu ponovno dodajo znesek povečanja rezervacij za pričakovane kreditne izgube po 31. decembru 2019, ki ga je mogoče pripisati dinamični komponenti.
Article 473a of CRR contains transitional arrangements allowing institutions to add back to their CET1 capital a portion of any increase in provisions due to the introduction of expected credit losses (ECL) accounting under IFRS 9.
Člen 473a CRR vsebuje prehodno ureditev, ki institucijam omogoča, da svojemu navadnemu lastniškemu temeljnemu kapitalu dodajo delež vsakršnega povečanja rezervacij zaradi uvedbe obračunavanja pričakovanih kreditnih izgub v skladu z MSRP 9.
(9) Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 ( OJ L 176, 27.6.2013, p. 1 ).
(9) Uredba (EU) št. 575/2013 Evropskega parlamenta in Sveta z dne 26. junija 2013 o bonitetnih zahtevah za kreditne institucije in investicijska podjetja ter o spremembi Uredbe (EU) št. 648/2012 ( UL L 176, 27.6.2013, str. 1 ).
The static component allows credit institutions to partially neutralise the ‘day-one impact' on CET1 capital of the increase in accounting provisions due to the introduction of IFRS 9.
Statična komponenta kreditnim institucijam omogoča, da delno izničijo „učinek prvega dne", ki ga ima povečanje računovodskih rezervacij zaradi uvedbe MSRP 9 na navadni lastniški temeljni kapital.
Treatment of publicly guaranteed loans under the NPE prudential backstop
Obravnava kreditov z državnim jamstvom v okviru bonitetnega varovalnega mehanizma za nedonosne izpostavljenosti
(20) See ECB press release of 12 March 2020, Monetary policy decisions, available at the ECB's website at www.ecb.europa.eu
(20) Glej sporočilo ECB za javnost z dne 12. marca 2020 z naslovom Sklepi o denarni politiki, dostopno na spletni strani ECB na naslovu www.ecb.europa.eu.
(6) See ECB press release of 16 April 2020, ECB Banking Supervision provides temporary relief for capital requirements for market risk, available at the ECB's banking supervision website at www.bankingsupervision.europa.eu
(6) Glej sporočilo ECB za javnost z dne 16. aprila 2020 z naslovom ECB Banking Supervision provides temporary relief for capital requirements for market risk, dostopno na spletni strani bančnega nadzora ECB na naslovu www.bankingsupervision.europa.eu.
This is about Europe's sovereignty.
Gre za suverenost Evrope.
2.Europe's industry: Today and tomorrow
2.Evropska industrija: danes in jutri
At the same time, 70% of companies report that they are delaying investments because they cannot find the people with the right skills.
Hkrati 70 % podjetij poroča, da zadržujejo naložbe, ker ne morejo najti ljudi s pravimi znanji in spretnostmi.
More established partners are choosing new paths.
Bolj uveljavljeni partnerji izbirajo nove poti.
With this in mind, the Commission is currently reviewing the EU competition framework.
Komisija zato trenutno pregleduje okvir EU za konkurenco.
But in a competitive and dynamic environment there is no time to waste.
Toda v konkurenčnem in dinamičnem okolju ne smemo izgubljati časa.
This is equally as important for services as it for goods.
To je enako pomembno za storitve kot za blago.
Being competitive requires competition - both at home and in the world.
Konkurenčnost zahteva konkurenco - doma in po svetu.
It is also essential to have a better balance between women and men in industry.
Bistveno je tudi, da se v industriji vzpostavi boljše ravnovesje med ženskami in moškimi.
Where needed, experts from specific sectors will be called upon to share their knowledge.
Po potrebi bodo vključeni tudi strokovnjaki iz posameznih sektorjev, da delijo svoje znanje.
ÆImplementation of the EU Gender Strategy, adopted in March 2020.
ÆIzvajanje strategije EU za enakost spolov, sprejete marca 2020.
Europe has always been the home of industry.
Evropa je že od nekdaj dom industrije.
The Commission will make proposals to further strengthen this tool.
Komisija bo pripravila predloge za nadaljnjo krepitev tega orodja.
Coherence with other defence initiatives will be essential.
Bistvenega pomena bo skladnost z drugimi obrambnimi pobudami.
The Commission will propose to make the respect of the Paris agreement an essential element for all future comprehensive trade agreements.
Komisija bo predlagala, da postane spoštovanje Pariškega sporazuma bistveni element vseh prihodnjih celovitih trgovinskih sporazumov.
The European Council in March 2020 offers an opportunity to support this renewed partnership on the basis of a shared vision and objectives.
Evropski svet marca 2020 ponuja priložnost, da se tako obnovljeno partnerstvo podpre na podlagi skupne vizije in ciljev.
This is reflected in President von der Leyen's Political Guidelines, the priorities set out by the European Parliament and the European Council's Strategic Agenda 2019-2024.
To se odraža v političnih usmeritvah predsednice von der Leyen, prednostnih nalogah, ki jih je določil Evropski parlament, in strateški agendi Evropskega sveta za obdobje 2019-2024.
A partnership approach will therefore be essential.
Zato bo bistvenega pomena partnerski pristop.
New powers and competitors are emerging.
Pojavljajo se nove sile in tekmeci.
ÆWork with Parliament and Council to ensure rapid adoption and implementation of the next long-term budget.
ÆSodelovanje s Parlamentom in Svetom, da bi zagotovili hitro sprejetje in izvajanje naslednjega dolgoročnega proračuna.
Our industrial policy must help make this ambition a reality.
Naša industrijska politika mora pomagati pri uresničevanju te ambicije.
Boosting recycling and the use of secondary raw materials will help reduce this dependency.
Spodbujanje recikliranja in uporabe sekundarnih surovin bosta pripomogla k zmanjšanju te odvisnosti.
Europe will also continue to rely on free and fair trade with partners from around the world.
Evropa se bo še naprej zanašala na svobodno in pravično trgovino s partnerji z vsega sveta.
However, the fragmentation of the defence industry puts into question Europe's ability to build the next generation of critical defence capabilities.
Vendar razdrobljenost obrambne industrije pod vprašaj postavlja zmožnost Evrope, da zgradi naslednjo generacijo kritičnih obrambnih zmogljivosti.
The next five years will be decisive to set the right enabling conditions for this transition.
Naslednjih pet let bo odločilnih za določitev ustreznih omogočitvenih pogojev za ta prehod.
Recent examples of doing so have shown the potential and the value of this approach.
Nedavni primeri takšnega ukrepanja so pokazali potencial in koristnost tega pristopa.
European industry is already undergoing a significant transformation.
Evropska industrija že doživlja obsežno preobrazbo.
It lays out the vision of what we want to achieve by 2030 and beyond, and the fundamentals that will take us there.
Določa vizijo, kaj želimo doseči do leta 2030 in naprej, ter temelje, ki nam bodo pri tem pomagali.