natgillin/translations-raw huggingface dataset:
the protection provider is regulated in a manner equivalent to the rules laid down in this Directive, or had, at the time the credit protection was provided, a credit assessment by a recognised ECAI which had been determined by the competent authorities to be associated with credit quality step 3, or above, under the rules for the risk weighting of exposures to corporate under Articles 78 to 83;
izdajatelj zavarovanja je reguliran na način, ki je enakovreden pravilom, določenim v tej direktivi, ali pa je v času, ko je bilo kreditno zavarovanje izdano, imel kreditno oceno priznane ECAI, za katero so pristojni organi določili, da po pravilih za tehtanje izpostavljenosti do podjetij na podlagi členov 78 do 83 ustreza stopnji kreditne kvalitete 3 ali nad njo;
the protection provider had, at the time the credit protection was provided, or for any period of time thereafter, an internal rating with a PD equivalent to or lower than that associated with credit quality step 2 or above under the rules for the risk weighting of exposures to corporates under Articles 78 to 83; and
izdajatelj zavarovanja je v času izdaje kreditnega zavarovanja ali v kakršnem koli obdobju po njej imel notranjo bonitetno oceno s PD, ki je enakovreden ali nižji od tistega, ki po pravilih za tehtanje izpostavljenosti do podjetij na podlagi členov 78 do 83 ustreza stopnji kreditne kvalitete 2 ali nad njo;
the provider has an internal rating with a PD equivalent to or lower than that associated with credit quality step 3 or above under the rules for the risk weighting of exposures to corporates under Articles 78 to 83.
izdajatelj ima notranjo bonitetno oceno s PD, ki je enakovreden ali nižji od tistega, ki po pravilih za tehtanje tveganja izpostavljenosti do podjetij na podlagi členov 78 do 83 ustreza stopnji kreditne kvalitete 3 ali nad njo.
For the purpose of this point, credit protection provided by export credit agencies shall not benefit from any explicit central government counter‐guarantee.
Za namene tega odstavka kreditno zavarovanje, ki ga izdajo izvozne agencije, ni upravičeno do nikakršnega izrecnega posrednega jamstva enot centralne ravni držav.
TYPES OF CREDIT DERIVATIVES
VRSTE KREDITNIH IZVEDENIH FINANČNIH INSTRUMENTOV
The following types of credit derivatives, and instruments that may be composed of such credit derivatives or that are economically effectively similar, may be recognised as eligible:(a) credit default swaps;
Kot primerne se lahko priznajo naslednje vrste kreditnih izvedenih finančnih instrumentov in instrumentov, ki so lahko sestavljeni iz takih kreditnih izvedenih finančnih instrumentov ali pa so jim ekonomsko podobni:(a) zamenjave neplačil;
total return swaps; and
zamenjave skupnih donosov; in
credit linked notes to the extent of their cash funding.
kreditni zapisi v obsegu, kot so vplačani v denarju.
Where a credit institution buys credit protection through a total return swap and records the net payments received on the swap as net income, but does not record offsetting deterioration in the value of the asset that is protected (either through reductions in fair value or by an addition to reserves), the credit protection shall not be recognised as eligible.
Če kreditna institucija kupi kreditno zavarovanje z zamenjavo skupnih donosov in knjiži neto plačila, prejeta na podlagi zamenjave kot neto prihodek, hkrati pa ne knjiži nasprotno učinkujočega zmanjšanja vrednosti zavarovane aktive (z zmanjšanjem poštene vrednosti ali z oblikovanjem oslabitev), se kreditno zavarovanje ne prizna.
Internal hedges
Interno varovanje
When a credit institution conducts an internal hedge using a credit derivative — i.e. hedges the credit risk of an exposure in the non-trading book with a credit derivative booked in the trading book — in order for the protection to be recognised as eligible for the purposes of this Annex the credit risk transferred to the trading book shall be transferred out to a third party or parties.
Če kreditna institucija izvaja interno varovanje s pomočjo kreditnih izvedenih finančnih instrumentov, tako da zavaruje kreditno tveganje izpostavljenosti v bančni knjigi s kreditnim izvedenim finančnim instrumentom iz trgovalne knjige, je potrebno, da bi bilo zavarovanje priznano za namene te priloge, kreditno tveganje, preneseno v trgovalno knjigo, prenesti na tretjo stranko ali več tretjih strank.
In such circumstances, subject to the compliance of such transfer with the requirements for the recognition of credit risk mitigation set out in this Annex, the rules set out in Parts 3 to 6 for the calculation of risk‐weighted exposure amounts and expected loss amounts where unfunded credit protection is acquired shall be applied.
V takih primerih se, ob upoštevanju skladnosti takih prenosov z zahtevami za priznavanje zmanjševanja kreditnega tveganja iz te priloge, uporabljajo pravila za izračun zneskov tveganju prilagojenih izpostavljenosti in zneskov pričakovanih izgub v primeru pridobitve osebnega kreditnega zavarovanja iz delov 3 do 6.
The credit institution must satisfy the competent authorities that it has adequate risk management processes to control those risks to which the credit institution may be exposed as a result of carrying out credit risk mitigation practices.
Kreditna institucija mora dokazati pristojnim organom, da ima ustrezne procese upravljanja s tveganji za kontrolo tistih tveganj, katerim bi lahko bila izpostavljena zaradi izvajanja postopkov zmanjševanja kreditnega tveganja.
Notwithstanding the presence of credit risk mitigation taken into account for the purposes of calculating risk‐weighted exposure amounts and as relevant expected loss amounts, credit institutions shall continue to undertake full credit risk assessment of the underlying exposure and be in a position to demonstrate the fulfilment of this requirement to the competent authorities.
Ne glede na prisotnost zmanjševanja kreditnega tveganja, upoštevanega za namene izračuna zneskov tveganju prilagojenih izpostavljenosti in, če je primerno, zneskov pričakovanih izgub, kreditne institucije še naprej izvajajo presojo celotnega kreditnega tveganja osnovne izpostavljenosti in so sposobne dokazati pristojnim organom, da je ta zahteva izpolnjena.
In the case of repurchase transactions and/or securities or commodities lending or borrowing transactions the underlying exposure shall, for the purposes of this point only, be deemed to be the net amount of the exposure.
V primeru poslov začasne prodaje/začasnega nakupa in/ali poslov posoje/izposoje vrednostnih papirjev ali blaga se samo za namene tega odstavka kot osnovna izpostavljenost šteje neto znesek izpostavljenosti.
On-balance sheet netting agreements (other than master netting agreements covering repurchase transactions, securities or commodities lending or borrowing transactions and/or other capital market-driven transactions).
Pogodbe o bilančnem pobotu (razen okvirnih pogodb o pobotu, ki zajemajo posle začasne prodaje/začasnega nakupa, posle posoje/izposoje vrednostnih papirjev ali blaga in/ali druge posle z instrumenti kapitalskega trga).
For on-balance sheet netting agreements — other than master netting agreements covering repurchase transactions, securities or commodities lending or borrowing transactions and/or other capital market-driven transactions — to be recognised for the purposes of Articles 90 to 93, the following conditions shall be satisfied:(a) they must be legally effective and enforceable in all relevant jurisdictions, including in the event of the insolvency or bankruptcy of a counterparty;
Za pogodbe o bilančnem pobotu, razen okvirnih pogodb o pobotu, ki zajemajo posle začasne prodaje/začasnega nakupa, posle posoje/izposoje vrednostnih papirjev ali blaga in/ali druge posle z instrumenti kapitalskega trga, morajo biti za priznanje za namene členov 90 do 93 izpolnjeni naslednji pogoji:(a) morajo biti pravno učinkovite in prisilno izvršljive v vseh relevantnih pravnih redih vključno v primerih nesolventnosti ali stečaja nasprotne stranke;
the credit institution must be able to determine at any time those assets and liabilities that are subject to the on-balance sheet netting agreement;
kreditna institucija mora biti sposobna v vsakem trenutku določiti tista sredstva in obveznosti, ki so predmet pogodb o bilančnem pobotu;
the credit institution must monitor and control the risks associated with the termination of the credit protection; and
kreditna institucija mora spremljati in kontrolirati tveganja, povezana s prekinitvijo kreditnega zavarovanja; in
the credit institution must monitor and control the relevant exposures on a net basis.
kreditna institucija mora spremljati in kontrolirati zajete izpostavljenosti na neto osnovi.
Master netting agreements covering repurchase transactions and/or securities or commodities lending or borrowing transactions and/or other capital market driven transactions
Okvirne pogodbe o pobotu, ki zajemajo posle začasne prodaje/začasnega nakupa in/ali posle posoje/izposoje vrednostnih papirjev ali blaga in/ali druge posle z instrumenti kapitalskega trga
For master netting agreements covering repurchase transactions and/or securities or commodities lending or borrowing transactions and/or other capital market driven transactions to be recognised for the purposes of Articles 90 to 93, they shall:(a) be legally effective and enforceable in all relevant jurisdictions, including in the event of the bankruptcy or insolvency of the counterparty;
Okvirne pogodbe o pobotu, ki zajemajo posle začasne prodaje/začasnega nakupa in/ali posle posoje/izposoje vrednostnih papirjev ali blaga in/ali druge posle z instrumenti kapitalskega trga, se priznajo za namene členov 90 do 93, če:(a) so pravno učinkovite in prisilno izvršljive v vseh relevantnih pravnih redih vključno v primerih stečaja ali nesolventnosti nasprotne stranke;
give the non-defaulting party the right to terminate and close-out in a timely manner all transactions under the agreement upon the event of default, including in the event of the bankruptcy or insolvency of the counterparty; and
dajejo pogodbi zvesti stranki pravico, da v primeru neplačila, vključno z nastopom stečaja ali nesolventnosti nasprotne stranke, odstopi od pogodbe in izvede pravočasno poravnavo vseh poslov iz pogodbe; in
provide for the netting of gains and losses on transactions closed out under a master agreement so that a single net amount is owed by one party to the other.
predvideva pobot dobičkov in izgub iz poslov, poravnanih na podlagi okvirne pogodbe o pobotu, tako da ena stranka dolguje drugi en sam neto znesek.
In addition, the minimum requirements for the recognition of financial collateral under the Financial Collateral Comprehensive Method set out in point 6 shall be fulfilled.
Poleg tega se izpolnijo minimalne zahteve za priznanje zavarovanja s finančnim premoženjem v okviru razvite metode za izračun učinkov zavarovanja s finančnim premoženjem, določene v odstavku 6.
Financial collateral
Zavarovanje s finančnim premoženjem
Minimum requirements for the recognition of financial collateral under all Approaches and Methods
Minimalne zahteve za priznanje zavarovanja s finančnim premoženjem na podlagi vseh pristopov in metod
For the recognition of financial collateral and gold, the following conditions shall be met.
Za priznanje zavarovanja s finančnim premoženjem in zlatom morajo biti izpolnjeni naslednji pogoji:
Low correlation
Nizka korelacija
The credit quality of the obligor and the value of the collateral must not have a material positive correlation.
Kreditna kvaliteta dolžnika in vrednost zavarovanja s premoženjem ne smeta biti v bistveni pozitivni korelaciji.
Securities issued by the obligor, or any related group entity, are not eligible.
Vrednostni papirji, katerih izdajatelj je dolžnik ali katera koli povezana oseba iz skupine, niso primerni.
This notwithstanding, the obligor's own issues of covered bonds falling within the terms of Annex VI, Part 1, points 68 to 70 may be recognised as eligible when they are posted as collateral for repurchase transactions, provided that the first paragraph of this point is complied with.
Ne glede na to so lahko krite obveznice, ki jih je izdal dolžnik in ki ustrezajo pogojem iz odstavkov 68 do 70 dela 1 Priloge VI, priznane kot primerno zavarovanje za posle začasne prodaje/začasnega nakupa, če se upoštevajo zahteve iz prvega odstavka te točke.
Credit institutions shall fulfil any contractual and statutory requirements in respect of, and take all steps necessary to ensure, the enforceability of the collateral arrangements under the law applicable to their interest in the collateral.
Kreditne institucije izpolnjujejo vse pogodbene in zakonske zahteve v zvezi s prisilno izvršljivostjo zavarovanja s premoženjem v pravnem redu, ki velja za njihova razmerja zavarovanja s premoženjem, in sprejmejo vse potrebne ukrepe, da to prisilno izvršljivost zagotovijo.
Credit institutions shall have conducted sufficient legal review confirming the enforceability of the collateral arrangements in all relevant jurisdictions.
Kreditne institucije razpolagajo z dovolj natančnimi pravnimi pregledi, ki potrjujejo prisilno izvršljivost dogovorov o zavarovanjih s premoženjem v vseh relevantnih pravnih redih.
They shall re‐conduct such review as necessary to ensure continuing enforceability.
Po potrebi, da zagotovijo neprekinjeno prisilno izvršljivost, te preglede ponavljajo.
Operational requirements
Operativne zahteve
The collateral arrangements shall be properly documented, with a clear and robust procedure for the timely liquidation of collateral.
Dogovori o zavarovanju s premoženjem so pravilno dokumentirani, z jasnimi in zanesljivimi postopki za pravočasno unovčenje zavarovanja s premoženjem.
Credit institutions shall employ robust procedures and processes to control risks arising from the use of collateral — including risks of failed or reduced credit protection, valuation risks, risks associated with the termination of the credit protection, concentration risk arising from the use of collateral and the interaction with the credit institution's overall risk profile.
Kreditne institucije uveljavijo zanesljive postopke in procese za kontrolo tveganj iz naslova uporabe zavarovanj s premoženjem, vključno s tveganji neučinkovitosti ali zmanjšane učinkovitosti kreditnega zavarovanja, tveganji v zvezi z vrednotenjem, tveganji v zvezi s prenehanjem kreditnega zavarovanja, tveganjem koncentracije, ki nastane zaradi uporabe zavarovanja s premoženjem in medsebojnega vpliva med zavarovanjem in celotnim profilom tveganosti kreditne institucije.
The credit institution shall have documented policies and practices concerning the types and amounts of collateral accepted.
Kreditna institucija ima dokumentirane politike in prakse v zvezi z vrstami in obsegom zavarovanj s premoženjem, ki jih sprejema.
Credit institutions shall calculate the market value of the collateral, and revalue it accordingly, with a minimum frequency of once every six months and whenever the credit institution has reason to believe that there has occurred a significant decrease in its market value.
Kreditne institucije izračunavajo tržno vrednost zavarovanja s premoženjem in ga ustrezno prevrednotijo vsaj enkrat na šest mesecev ali kadar koli kreditna institucija meni, da je nastopilo znatno zmanjšanje njegove tržne vrednosti.
Where the collateral is held by a third party, credit institutions must take reasonable steps to ensure that the third party segregates the collateral from its own assets.
Če je zavarovanje s premoženjem pri tretji osebi, mora kreditna institucija sprejeti razumne ukrepe, da zagotovi, da tretja oseba ločuje zavarovanje s premoženjem od lastnih sredstev.
Additional minimum requirements for the recognition of financial collateral under the Financial Collateral Simple Method
Dodatne minimalne zahteve za priznanje zavarovanja s finančnim premoženjem v okviru enostavne metode za izračun učinkov zavarovanja s finančnim premoženjem
In addition to the requirements set out in point 6, for the recognition of financial collateral under the Financial Collateral Simple Method the residual maturity of the protection must be at least as long as the residual maturity of the exposure.
Poleg zahtev iz odstavka 6, mora biti za priznanje zavarovanja s finančnim premoženjem v okviru enostavne metode za izračun učinkov zavarovanja s finančnim premoženjem preostala zapadlost zavarovanja vsaj tako dolga kakor preostala zapadlost izpostavljenosti.
Minimum requirements for the recognition of real estate collateral
Minimalne zahteve za priznanje zavarovanja z nepremičninami
For the recognition of real estate collateral the following conditions shall be met.
Za priznanje zavarovanja z nepremičninami morajo biti izpolnjeni naslednji pogoji:
The mortgage or charge shall be enforceable in all jurisdictions which are relevant at the time of the conclusion of the credit agreement, and the mortgage or charge shall be properly filed on a timely basis.
Hipoteka ali druga pravica do poplačila iz vrednosti nepremičnine je prisilno izvršljiva v vseh pravnih redih, ki so zanjo relevantni ob sklenitvi sporazuma o kreditu, in je pravilno in pravočasno dokumentirana in vknjižena v javnih knjigah.
The arrangements shall reflect a perfected lien (i.e. all legal requirements for establishing the pledge shall been fulfilled).
Pogodbe morajo odražati nesporno pravico kreditne institucije na nepremičnini (izpolnjene so vse pravne zahteve za ustanovitev zavarovanja).
The protection agreement and the legal process underpinning it shall enable the credit institution to realise the value of the protection within a reasonable timeframe.
Pogodba o zavarovanju in pravni postopki unovčitve zavarovanj z nepremičninami omogočata kreditni instituciji unovčitev zavarovanja v razumnem času.
Monitoring of property values
Spremljanje vrednosti nepremičnin
The value of the property shall be monitored on a frequent basis and at a minimum once every year for commercial real estate and once every three years for residential real estate.
Vrednost nepremičnine se spremlja redno in se vsaj enkrat na leto v primeru poslovnih nepremičnin in vsaka tri leta v primeru stanovanjskih nepremičnin izdela ocena njene vrednosti.
More frequent monitoring shall be carried out where the market is subject to significant changes in conditions.
Pogostejše ponovno ocenjevanje vrednosti se opravlja v primeru pomembnih sprememb pogojev na trgu.
Statistical methods may be used to monitor the value of the property and to identify property that needs revaluation.
Za spremljanje vrednosti nepremičnine in za ugotavljanje, katere nepremičnine je treba prevrednotiti, se lahko uporabljajo statistične metode.
The property valuation shall be reviewed by an independent valuer when information indicates that the value of the property may have declined materially relative to general market prices.
Neodvisen cenilec preveri vrednost nepremičnine vsakokrat, ko informacije kažejo, da bi se lahko vrednost nepremičnine bistveno zmanjšala glede na splošne tržne cene.
For loans exceeding EUR 3 million or 5 % of the own funds of the credit institution, the property valuation shall be reviewed by an independent valuer at least every three years.
Za posojila, ki presegajo 3 milijone EUR ali 5 % lastnih sredstev kreditne institucije in so zavarovana z nepremičninami, neodvisen cenilec vsaj vsaka tri leta preveri vrednost teh nepremičnin.
‘Independent valuer’ shall mean a person who possesses the necessary qualifications, ability and experience to execute a valuation and who is independent from the credit decision process.
„Neodvisen cenilec“ pomeni osebo, ki ima potrebne kvalifikacije, znanje in izkušnje za izvajanje cenitve, in ki je neodvisen od procesa odločanja o kreditih.
The types of residential and commercial real estate accepted by the credit institution and its lending policies in this regard shall be clearly documented.
Vrste stanovanjskih in poslovnih nepremičnin, ki jih sprejema kreditna institucija, in njene posojilne politike v tej zvezi so jasno dokumentirane.
The credit institution shall have procedures to monitor that the property taken as protection is adequately insured against damage.
Kreditna institucija vzpostavi postopke za spremljanje, da je nepremičnina, ki je prejeta v zavarovanje, primerno škodno zavarovana.
Minimum requirements for the recognition of receivables as collateral
Minimalne zahteve za priznanje zavarovanja z denarnimi terjatvami
For the recognition of receivables as collateral the following conditions shall be met:
Za priznanje zavarovanja z denarnimi terjatvami morajo biti izpolnjeni naslednji pogoji:
The legal mechanism by which the collateral is provided shall be robust and effective and ensure that the lender has clear rights over the proceeds;
Pravni mehanizem, s katerim se zagotavlja zavarovanje z denarnimi terjatvami, je zanesljiv in učinkovit ter posojilodajalcu zagotavlja nesporno pravico iz tega zavarovanja;
Credit institutions must take all steps necessary to fulfil local requirements in respect of the enforceability of security interest.
kreditne institucije morajo sprejeti vse potrebne ukrepe za izpolnjevanje lokalnih zahtev glede prisilne izvršljivosti pravic iz zavarovanja.
There shall be a framework which allows the lender to have a first priority claim over the collateral subject to national discretion to allow such claims to be subject to the claims of preferential creditors provided for in legislative or implementing provisions;
Vzpostavljen je okvir, ki omogoča posojilodajalcu, da na denarnih terjatvah, danih v zavarovanje, pridobi pravico z najboljšim vrstnim redom, razen če boljši vrstni red drugih – privilegiranih – upravičencev temelji na zakonu ali podzakonskih predpisih;
Credit institutions shall have conducted sufficient legal review confirming the enforceability of the collateral arrangements in all relevant jurisdictions; and
kreditne institucije opravijo zadosten pravni pregled, ki potrjuje prisilno izvršljivost zavarovanja z denarnimi terjatvami v vseh relevantnih pravnih redih;
The collateral arrangements must be properly documented, with a clear and robust procedure for the timely collection of collateral.
dogovori o zavarovanju z denarnimi terjatvami morajo biti pravilno dokumentirani z jasnimi in zanesljivimi postopki za njihovo pravočasno unovčenje.
Credit institution's procedures shall ensure that any legal conditions required for declaring the default of the borrower and timely collection of collateral are observed.
Postopki kreditnih institucij zagotavljajo spoštovanje pravnih pogojev v zvezi z ugotavljanjem neplačila posojilojemalca in pravočasnim unovčenjem zavarovanja z denarnimi terjatvami.
In the event of the borrower's financial distress or default, the credit institution shall have legal authority to sell or assign the receivables to other parties without consent of the receivables obligors.
V primeru finančnih težav ali neplačila posojilojemalca je kreditna institucija pravno upravičena prodati ali odstopiti denarne terjatve tretjim osebam brez soglasja dolžnikov po denarnih terjatvah.
Risk management
Upravljanje s tveganji
The credit institution must have a sound process for determining the credit risk associated with the receivables.
Kreditna institucija mora imeti zanesljiv proces za ugotavljanje kreditnega tveganja, povezanega z denarnimi terjatvami.
Such a process shall include, among other things, analyses of the borrower's business and industry and the types of customers with whom the borrower does business.
Tak proces med drugim vsebuje analize kreditojemalčevega poslovanja in gospodarske dejavnosti ter vrst strank, s katerimi kreditojemalec posluje.
Where the credit institution relies on the borrower to ascertain the credit risk of the customers, the credit institution must review the borrower's credit practices to ascertain their soundness and credibility;
Če se kreditna institucija opira na kreditojemalčevo oceno kreditne sposobnosti njegovih strank, mora pregledati kreditojemalčevo kreditno prakso, da preveri njihovo zanesljivost in verodostojnost;