natgillin/translations-raw huggingface dataset:
A transferable security that is officially listed in accordance with Directive 2001/34/EC of the European Parliament and of the Council, and the listing of which is not suspended, shall be deemed to be freely negotiable and capable of being traded in a fair, orderly and efficient manner.
Šteje se, da je prenosljiv vrednostni papir, ki uradno kotira v skladu z Direktivo 2001/34/ES Evropskega parlamenta in Sveta in katerega kotacija ni umaknjena, prosto prenosljiv in da je z njim mogoče trgovati na pošten, pravilen in učinkovit način.
For the purposes of Article 40(1) of Directive 2004/39/EC, when assessing whether a transferable security referred to in Article 4(1)(18)(c) of that Directive is capable of being traded in a fair, orderly and efficient manner, the regulated market shall take into account, depending on the nature of the security being admitted, whether the following criteria are satisfied:
Za namene člena 40(1) Direktive 2004/39/ES pri ocenjevanju, ali se s prenosljivim vrednostnim papirjem, opredeljenim v členu 4(1)(18)(c) Direktive, lahko trguje na pošten, pravilen in učinkovit način, glede na naravo vrednostnega papirja, ki se sprejema v trgovanje, regulirani trg upošteva, ali so izpolnjeni naslednji kriteriji:
the terms of the security are clear and unambiguous and allow for a correlation between the price of the security and the price or other value measure of the underlying;
so pogoji vrednostnega papirja jasni in nedvoumni ter omogočajo povezavo med ceno vrednostnega papirja in ceno ali drugačnim merilom vrednosti podlage;
the price or other value measure of the underlying is reliable and publicly available;
cena ali drugačno merilo vrednosti osnove sta zanesljiva in na voljo javnosti;
there is sufficient information publicly available of a kind needed to value the security;
javnost ima na voljo dovolj informacij, ki so potrebne za ovrednotenje vrednostnega papirja;
the arrangements for determining the settlement price of the security ensure that this price properly reflects the price or other value measure of the underlying;
ureditev za določanje poravnalne cene vrednostnega papirja zagotavlja, da ta cena pravilno prikazuje ceno ali drugo merilo vrednosti osnove;
where the settlement of the security requires or provides for the possibility of the delivery of an underlying security or asset rather than cash settlement, there are adequate settlement and delivery procedures for that underlying as well as adequate arrangements to obtain relevant information about that underlying.
če poravnava vrednostnega papirja zahteva ali predvideva možnost izročitve osnovnega vrednostnega papirja ali sredstva namesto gotovinske poravnave, obstajajo primerni postopki poravnave in izročitve za to osnovo, kakor tudi primerna ureditev za pridobitev ustreznih informacij o tej osnovi.
Units in collective investment undertakings
Enote v kolektivnih naložbenih podjemih
A regulated market shall, when admitting to trading units in a collective investment undertaking, whether or not that undertaking is constituted in accordance with Directive 85/611/EEC, satisfy itself that the collective investment undertaking complies or has complied with the registration, notification or other procedures which are a necessary precondition for the marketing of the collective investment undertaking in the jurisdiction of the regulated market.
Pri sprejemanju enot v kolektivnem naložbenem podjemu v trgovanje, ne glede na to, ali je ta podjem ustanovljen v skladu z Direktivo 85/611/EGS ali ne, se regulirani trg prepriča, da kolektivni naložbeni podjem izpolnjuje ali je izpolnil tiste postopke registracije, obveščanja ali druge postopke, ki so potrebni predpogoj za trženje kolektivnega naložbenega podjema v jurisdikciji reguliranega trga.
Without prejudice to Directive 85/611/EEC or any other Community legislation or national law relating to collective investment undertakings, Member States may provide that compliance with the requirements referred to in paragraph 1 is not a necessary precondition for the admission of units in a collective investment undertaking to trading on a regulated market.
Brez poseganja v Direktivo 85/611/EGS ali zakonodajo Skupnosti oziroma nacionalno zakonodajo, ki se nanaša na kolektivne naložbene podjeme, države članice lahko določijo, da izpolnjevanje zahtev iz odstavka 1 ni nujen predpogoj za sprejem enot v kolektivnem naložbenem podjemu v trgovanje na reguliranem trgu.
When assessing whether units in an open-ended collective investment undertaking are capable of being traded in a fair, orderly and efficient manner in accordance with Article 40(1) of Directive 2004/39/EC, the regulated market shall take the following aspects into account:
Pri ocenjevanju, ali se z enotami v kolektivnem naložbenem podjemu odprtega tipa lahko trguje na pošten, pravilen in učinkovit način v skladu s členom 40(1) Direktive 2004/39/ES, regulirani trg upošteva naslednje vidike:
the distribution of those units to the public;
porazdelitev navedenih enot javnosti;
whether there are appropriate market-making arrangements, or whether the management company of the scheme provides appropriate alternative arrangements for investors to redeem the units;
ali obstaja ustrezna ureditev za vzdrževanje trga, ali pa če družba za upravljanje sheme zagotavlja primerno alternativno ureditev, da vlagatelji izplačajo enote premoženja;
whether the value of the units is made sufficiently transparent to investors by means of the periodic publication of the net asset value.
ali je vrednost enot vlagateljem prikazana dovolj pregledno s pomočjo rednega objavljanja čiste vrednosti sredstev.
When assessing whether units in a closed-end collective investment undertaking are capable of being traded in a fair, orderly and efficient manner in accordance with Article 40(1) of Directive 2004/39/EC, the regulated market shall take the following aspects into account:
Pri ocenjevanju, ali se z enotami v kolektivnem naložbenem podjemu odprtega tipa lahko trguje na pošten, pravilen in učinkovit način v skladu s členom 40(1) Direktive 2004/39/ES, regulirani trg upošteva naslednje vidike:
whether the value of the units is made sufficiently transparent to investors, either by publication of information on the fund's investment strategy or by the periodic publication of net asset value.
ali je vrednost enot vlagateljem prikazana dovolj pregledno, s pomočjo objavljanja informacij o naložbeni strategiji sklada ali z rednim objavljanjem čiste vrednosti sredstev.
(Article 40(1) and (2) of Directive 2004/39/EC)
(Člen 40(1) in (2) Direktive 2004/39/ES)
Derivatives
Izvedeni finančni instrumenti
When admitting to trading a financial instrument of a kind listed in points of Sections C(4) to (10) of Annex I to Directive 2004/39/EC, regulated markets shall verify that the following conditions are satisfied:
Regulirani trgi pri sprejemanju finančnih instrumentov, kakršni so našteti v oddelkih C(4) do (10) Priloge I k Direktivi 2004/39/ES, preverijo, ali so izpolnjeni naslednji pogoji:
the terms of the contract establishing the financial instrument must be clear and unambiguous, and enable a correlation between the price of the financial instrument and the price or other value measure of the underlying;
pogoji v pogodbi, s katero je ustanovljen finančni instrument, morajo biti jasni in nedvoumni ter omogočati povezavo med ceno finančnega instrumenta in ceno ali drugačnim merilom vrednosti osnovnega instrumenta;
the price or other value measure of the underlying must be reliable and publicly available;
cena ali drugačno merilo vrednosti osnove morata biti zanesljiva in na voljo javnosti;
sufficient information of a kind needed to value the derivative must be publicly available;
obstajati mora dovolj informacij na voljo javnosti, ki so potrebne za ovrednotenje izvedenega finančnega instrumenta;
the arrangements for determining the settlement price of the contract must be such that the price properly reflects the price or other value measure of the underlying;
ureditev za določanje poravnalne cene pogodbe mora zagotavljati, da ta cena pravilno prikazuje ceno ali drugo merilo vrednosti osnove;
where the settlement of the derivative requires or provides for the possibility of the delivery of an underlying security or asset rather than cash settlement, there must be adequate arrangements to enable market participants to obtain relevant information about that underlying as well as adequate settlement and delivery procedures for the underlying.
če poravnava vrednostnega papirja zahteva ali predvideva možnost izročitve osnovnega vrednostnega papirja ali sredstva namesto gotovinske poravnave, morajo obstajati primerni postopki poravnave in izročitve za to osnovo, kakor tudi primerna ureditev za pridobitev ustreznih informacij o tej osnovi.
Where the financial instruments concerned are of a kind listed in Sections C (5), (6), (7) or (10) of Annex I to Directive 2004/39/EC, point (b) of paragraph 1 shall not apply if the following conditions are satisfied:
Če so zadevni finančni instrumenti vrste, navedene v oddelkih C(5), (6), (7) ali (10) Priloge I k Direktivi 2004/39/ES, se točka (b) odstavka 1 ne uporablja, če so izpolnjeni naslednji pogoji:
the contract establishing that instrument must be likely to provide a means of disclosing to the market, or enabling the market to assess, the price or other value measure of the underlying, where the price or value measure is not otherwise publicly available;
pogodba o ustanovitvi navedenega instrumenta bo verjetno zagotovila sredstva, da se trgu razkrijejo, ali da se trgu omogoči, da oceni cene in druga merila vrednosti osnove (če ta cena ali merilo vrednosti nista drugače na voljo javnosti);
the regulated market must ensure that appropriate supervisory arrangements are in place to monitor trading and settlement in such financial instruments;
regulirani trg mora zagotoviti obstoj ustrezne nadzorne ureditve za spremljanje trgovanja in poravnave s takimi finančnimi instrumenti;
the regulated market must ensure that settlement and delivery, whether physical delivery or by cash settlement, can be effected in accordance with the contract terms and conditions of those financial instruments.
regulirani trg mora omogočiti izvedbo poravnave in izročitve, bodisi fizične izročitve ali gotovinske poravnave, v skladu s pogodbenimi pogoji in določbami navedenih finančnih instrumentov.
DERIVATIVE FINANCIAL INSTRUMENTS
IZVEDENI FINANČNI INSTRUMENTI
(Article 4(1)(2) of Directive 2004/39/EC)
(Člen 4(1)(2) Direktive 2004/39/ES)
Characteristics of other derivative financial instruments
Lastnosti drugih izvedenih finančnih instrumentov
For the purposes of Section C(7) of Annex I to Directive 2004/39/EC, a contract which is not a spot contract within the meaning of paragraph 2 of this Article and which is not covered by paragraph 4 shall be considered as having the characteristics of other derivative financial instruments and not being for commercial purposes if it satisfies the following conditions:
Za namen oddelka C(7) Priloge I k Direktivi 2004/39/ES se šteje, da ima pogodba, ki ni promptna pogodba v smislu odstavka 2 tega člena in ni zajeta v odstavku 4, značilnosti drugih izvedenih finančnih instrumentov in nima komercialnega namena, če izpolnjuje naslednje pogoje:
it meets one of the following sets of criteria:
izpolnjuje enega od naslednjih kriterijev:
it is traded on a third country trading facility that performs a similar function to a regulated market or an MTF;
z njo se trguje na trgovinskem sistemu v tretji državi, ki opravlja podobno funkcijo kot regulirani trg ali MTF;
it is expressly stated to be traded on, or is subject to the rules of, a regulated market, an MTF or such a third country trading facility;
izrecno je navedeno, da se z njo trguje na reguliranem trgu, MTF ali v trgovinskem sistemu tretje države, ali da se zanjo uporabljajo pravila reguliranega trga, MTF ali trgovinskega sistema tretje države;
it is expressly stated to be equivalent to a contract traded on a regulated market, MTF or such a third country trading facility;
izrecno je navedeno, da je enakovredna pogodbi, s katero se trguje na reguliranem trgu, MTF ali v trgovinskem sistemu tretje države;
it is cleared by a clearing house or other entity carrying out the same functions as a central counterparty, or there are arrangements for the payment or provision of margin in relation to the contract;
pogodbo poravna klirinška družba ali drug subjekt, ki opravlja enake funkcije kot osrednja pogodbena stranka, ali pa obstaja ureditev za plačilo ali zagotovitev kritja v zvezi s pogodbo;
it is standardised so that, in particular, the price, the lot, the delivery date or other terms are determined principally by reference to regularly published prices, standard lots or standard delivery dates.
pogodba je standardizirana, tako da so zlasti cena, serija, datum izročila ali drugi pogoji določeni v glavnem na podlagi redno objavljenih cen, standardnih serij ali standardnih datumov izročila.
A spot contract for the purposes of paragraph 1 means a contract for the sale of a commodity, asset or right, under the terms of which delivery is scheduled to be made within the longer of the following periods:
Promptna pogodba za namene odstavka 1 pomeni pogodbo o prodaji blaga, sredstva ali pravice v skladu s pogoji, pod katerimi je načrtovana izvedba izročitve v daljšem od naslednjih dveh časovnih obdobij:
two trading days;
dva trgovalna dneva;
the period generally accepted in the market for that commodity, asset or right as the standard delivery period.
čas, ki je na trgu splošno sprejet za to blago, sredstvo ali pravico kot standardni čas izročitve.
However, a contract is not a spot contract if, irrespective of its explicit terms, there is an understanding between the parties to the contract that delivery of the underlying is to be postponed and not to be performed within the period mentioned in the first subparagraph.
Vendar pa pogodba ni promptna pogodba, če ne glede na njene izrecne določbe med pogodbenima strankama obstaja dogovor, da se izročitev osnove odloži in se ne izvede v časovnem obdobju, navedenem v prvem pododstavku.
For the purposes of Section C(10) of Annex I to Directive 2004/39/EC, a derivative contract relating to an underlying referred to in that Section or in Article 39 shall be considered to have the characteristics of other derivative financial instruments if one of the following conditions is satisfied:
Za namene oddelka C(10) Priloge I k Direktivi 2004/39/ES se šteje, da ima pogodba na izvedene finančne instrumente v zvezi z osnovo iz navedenega oddelka ali iz člena 39 lastnosti drugih izvedenih finančnih instrumentov, če je izpolnjen eden od naslednjih pogojev:
that contract is settled in cash or may be settled in cash at the option of one or more of the parties, otherwise than by reason of a default or other termination event;
navedena pogodba se poravna v gotovini ali se lahko poravna v gotovini po izbiri ene ali več strank iz razlogov, ki ne vključujejo neplačila ali drugega dogodka prenehanja;
that contract is traded on a regulated market or an MTF;
s pogodbo se trguje na reguliranem trgu ali v večstranskem trgovinskem sistemu;
the conditions laid down in paragraph 1 are satisfied in relation to that contract.
v zvezi s pogodbo so izpolnjeni pogoji, določeni v odstavku 1.
A contract shall be considered to be for commercial purposes for the purposes of Section C(7) of Annex I to Directive 2004/39/EC, and as not having the characteristics of other derivative financial instruments for the purposes of Sections C(7) and (10) of that Annex, if it is entered into with or by an operator or administrator of an energy transmission grid, energy balancing mechanism or pipeline network, and it is necessary to keep in balance the supplies and uses of energy at a given time.
Šteje se, da ima pogodba komercialen namen za namene oddelka C(7) Priloge I k Direktivi 2004/39/ES in da nima lastnosti drugih izvedenih finančnih instrumentov za namene oddelkov C(7) in (10) navedene priloge, če se sklene z upravljavcem ali jo sklene upravljavec ali upravitelj energetskega prenosnega omrežja, mehanizma za energetsko ravnovesje ali transportnega omrežja, in je nujna za ohranjanje ravnovesja dobave in uporabe energije v danem času.
Derivatives within Section C(10) of Annex I to Directive 2004/39/EC
Izvedeni finančni instrumenti, ki sodijo v oddelek C(10) Priloge I k Direktivi 2004/39/ES
In addition to derivative contracts of a kind referred to in Section C(10) of Annex I to Directive 2004/39/EC, a derivative contract relating to any of the following shall fall within that Section if it meets the criteria set out in that Section and in Article 38(3):
Poleg pogodb na izvedene finančne instrumente vrste, navedene v oddelku C(10) Priloge I k Direktivi 2004/39/ES, in če so izpolnjeni drugi kriteriji, določeni v navedenem oddelku in členu 38(3), v navedeni oddelek sodijo tudi pogodbe na izvedene finančne instrumente v zvezi s spodaj navedenimi področji:
telecommunications bandwidth;
telekomunikacijska pasovna širina;
commodity storage capacity;
zmogljivost shranjevanja blaga;
transmission or transportation capacity relating to commodities, whether cable, pipeline or other means;
prenosne ali transportne zmogljivosti v zvezi z blagom, ne glede na to, ali so to kabelske, omrežne ali druge zmogljivosti;
an allowance, credit, permit, right or similar asset which is directly linked to the supply, distribution or consumption of energy derived from renewable resources;
nadomestilo, kredit, dovoljenje, pravica ali podobno sredstvo, ki je neposredno povezano z dobavo, distribucijo ali porabo energije, pridobljene iz obnovljivih virov;
a geological, environmental or other physical variable;
geološka, okoljska ali druga fizična spremenljivka;
any other asset or right of a fungible nature, other than a right to receive a service, that is capable of being transferred;
katero koli drugo sredstvo ali pravica zamenljivega značaja (brez pravice do prejemanja storitve), ki ju je možno prenesti;
an index or measure related to the price or value of, or volume of transactions in any asset, right, service or obligation.
indeks ali merilo, povezano s ceno ali vrednostjo ali količino transakcij s katerim koli sredstvom, pravico, storitvijo ali obveznostjo.
Re-examinations
Ponovni pregledi
At least once every two years, and after consulting the Committee of European Securities Regulators, the Commission shall re-examine the definition of ‘transaction’ for the purposes of this Regulation, the Tables included in Annex II, as well as the criteria for determination of liquid shares contained in Article 22.
Najmanj enkrat vsaki dve leti in po posvetu z Odborom evropskih regulatorjev trgov vrednostnih papirjev Komisija ponovno pregleda opredelitev „transakcije“ za namen te uredbe, tabele iz Priloge II, kakor tudi kriterije za določanje likvidnih delnic, navedene v členu 22.
The Commission shall, after consulting the Committee of European Securities Regulators, re-examine the provisions of Articles 38 and 39 relating to criteria for determining which instruments are to be treated as having the characteristics of other derivative financial instruments, or as being for commercial purposes, or which fall within Section C(10) of Annex I to Directive 2004/39/EC if the other criteria set out in that Section are satisfied in relation to them.
Komisija po posvetu z Odborom evropskih regulatorjev trgov vrednostnih papirjev ponovno pregleda določbe členov 38 in 39 v zvezi s kriteriji za določanje instrumentov, ki se bodo obravnavali kot instrumenti z lastnostmi drugih izvedenih finančnih instrumentov, instrumenti, ki imajo komercialen namen, ali instrumenti, ki sodijo v oddelek C(10) Priloge I k Direktivi 2004/39/ES, če so v zvezi z njimi izpolnjeni drugi kriteriji, določeni v navedenem oddelku.
The Commission shall report to the European Parliament and to the Council at the same time that it makes its reports under Article 65(3)(a) and (d) of Directive 2004/39/EC.
Komisija poroča Evropskemu parlamentu in Svetu istočasno s poročanjem v skladu s členom 65(3)(a) in (d) Direktive 2004/39/ES.
The Commission shall, no later than two years after the date of application of this Regulation, after consulting the Committee of European Securities Regulators, re-examine Table 4 of Annex II and report on the results of this re-examination to the European Parliament and the Council.
Komisija najpozneje dve leti po datumu začetka uporabe te uredbe, po posvetovanju z Odborom evropskih regulatorjev trgov vrednostnih papirjev, ponovno preuči tabelo 4 Priloge II in pošlje Evropskemu parlamentu in Svetu poročilo o rezultatih tega ponovnega pregleda.
This Regulation shall apply from 1 November 2007, except Article 11 and Article 34(5) and (6), which shall apply from 1 June 2007.
Ta uredba se začne uporabljati 1. novembra 2007, razen člena 11 in člena 34(5) in (6), ki se uporabljata od 1. junija 2007.
OJ L 193, 18. 7.1983, p. 1.
UL L 193, 18.7.1983, str. 1.
List of fields for reporting purposes
Seznam polj za namene poročanja
Field Identifier
Identifikator polja
Reporting firm identification
Identifikacija družbe poročevalke
A unique code to identify the firm which executed the transaction.
Enotna oznaka za identifikacijo družbe, ki je izvršila transakcijo.
Trading day
Trgovalni dan
The trading day on which the transaction was executed.
Trgovalni dan, na katerega je bila transakcija izvršena.
Trading time
Trgovalni čas
The time at which the transaction was executed, reported in the local time of the competent authority to which the transaction will be reported, and the basis in which the transaction is reported expressed as Coordinated Universal Time (UTC) +/- hours.
Čas, ko je bila transakcija izvršena, sporočen v lokalnem času pristojnega organa, kateremu se poroča o transakciji, in časovna cona, v kateri je bila transakcija izvedena, izražena kot mednarodni srednjeevropski čas (UTC) +/- ur.
Buy/sell indicator
Indikator nakupa/prodaje
Identifies whether the transaction was a buy or sell from the perspective of the reporting investment firm or, in the case of a report to a client, of the client.
Opredeljuje, ali je bila transakcija nakup ali prodaja z vidika investicijske družbe poročevalke, ali, v primeru poročanja stranki, z vidika stranke.
Trading capacity
Trgovalna zmogljivost
Identifies whether the firm executed the transaction:
Določa, ali je družba izvršila transakcijo:
on its own account (either on its own behalf or on behalf of a client),
za svoj račun (bodisi v lastnem imenu ali v imenu stranke),
for the account, and on behalf, of a client.
za račun in v imenu stranke.
This shall consist of:
Sestavljena je iz:
a unique code, to be decided by the competent authority (if any) to which the report is made identifying the financial instrument which is the subject of the transaction,
enotne oznake, o kateri odloča pristojni organ (če oznaka obstaja), ki prejme poročilo o identifikaciji finančnega instrumenta, ki je predmet transakcije,
if the financial instrument in question does not have a unique identification code, the report must include the name of the instrument or, in the case of a derivative contract, the characteristics of the contract.
če zadevni finančni instrument nima enotne identifikacijske oznake, mora biti v poročilu navedeno ime instrumenta ali, v primeru izvedene pogodbe, lastnosti pogodbe.
Instrument code type
Vrsta oznake instrumenta
The code type used to report the instrument.
Vrsta oznake, ki se uporablja za sporočanje instrumenta.
Underlying instrument identification
Identifikacija osnovnega instrumenta
The instrument identification applicable to the security that is the underlying asset in a derivative contract as well as the transferable security falling within Article 4(1)(18)(c) of Directive 2004/39/EC.
Identifikacija instrumenta, veljavna za vrednostni papir, ki je osnovno sredstvo v izvedeni pogodbi, kakor tudi prenosljivi vrednostni papir, določen v členu 4(1)(18)(c) Direktive 2004/39/ES.
Underlying instrument identification code type
Vrsta identifikacijske oznake osnovnega instrumenta
The code type used to report the underlying instrument.
Vrsta oznake, ki se uporablja za sporočanje osnovnega instrumenta.