natgillin/translations-raw huggingface dataset:
Cross-border settlement: a settlement which takes place in a country other than the country or countries in which one or both of the parties to the trade are located.
V nekaterih državah članicah so podružnice nacionalne centralne banke zaradi lokalnih ali regionalnih praznikov na delovni dan NCB lahko zaprte. V teh primerih je zadevna nacionalna centralna banka odgovorna, da vnaprej obvesti nasprotne stranke o postopkih za transakcije, ki vključujejo te podružnice.
Custodian: an entity which undertakes the safekeeping and administration of securities and other financial assets on behalf of others.
Dematerializacija: odstranitev fizičnih potrdil ali dokumentov o lastninski pravici, ki predstavljajo lastništvo nad finančnim premoženjem, tako da finančno premoženje obstaja samo kot računovodska evidenca.
Day-count convention: the convention regulating the number of days included in the calculation of interest on credits.
Depozitar: posrednik, čigar osnovna vloga je vodenje evidence vrednostnih papirjev bodisi fizično bodisi elektronsko in vodenje evidence lastništva nad temi vrednostnimi papirji.
The Eurosystem applies the day-count convention actual/360 in its monetary policy operations.
Dnevno vrednotenje po tržnih cenah: glej gibljivo kritje.
Default event: an event referred to in the Eurosystem credit assessment framework (ECAF) that is covered by the definition contained in the Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions (recast) and Directive 2006/49/EC of the European Parliament and of the Council of 14 June 2006 on the capital adequacy of investment firms and credit institutions (recast) (together referred to as the ‘Capital Requirements Directive’ (CRD)).
Dogodek neplačila: dogodek, na katerega se nanaša bonitetni okvir Eurosistema in je opredeljen v Direktivi 2006/48/ES Evropskega parlamenta in Sveta z dne 14. junija 2006 o začetku opravljanja in opravljanju dejavnosti kreditnih institucij ter Direktivi 2006/49/ES Evropskega parlamenta in Sveta z dne 14. junija 2006 o kapitalski ustreznosti investicijskih podjetij in kreditnih institucij (s skupnim imenom „Direktiva o kapitalskih zahtevah“ (CRD)).
Thus, a default event occurs when ‘(a) the credit institution considers that the obligor is unlikely to pay its credit obligations to the credit institution, the parent undertaking or any of its subsidiaries in full, without recourse by the credit institution to actions such as realising security (if held),’ and/or ‘(b) the obligor is past due more than 90 days on any material credit obligation to the credit institution, the parent undertaking or any of its subsidiaries.’
V skladu s temi dokumenti dogodek neplačila nastopi, če „(a) kreditna institucija meni, da obstaja majhna verjetnost, da bo dolžnik v celoti poravnal svoje kreditne obveznosti do kreditne institucije, njene nadrejene družbe ali katerekoli njej podrejene družbe, ne da bi kreditna institucija za poplačilo uporabila ukrepe, kot so unovčenje zavarovanja (če obstaja)“ in/ali „(b) dolžnik več kakor 90 dni zamuja s plačilom katere koli bistvene kreditne obveznosti do kreditne institucije, njene nadrejene družbe ali katerekoli njej podrejene družbe.“.
Delivery-versus-payment or delivery-against-payment system: a mechanism in an exchange-for-value settlement system which ensures that the final transfer of assets (securities or other financial instruments) occurs if, and only if, the final transfer of another asset (or other assets) occurs.
Določba o povprečenju: določba, ki nasprotnim strankam dovoljuje, da svoje obvezne rezerve izpolnjujejo na podlagi povprečnih rezervnih imetij v obdobju izpolnjevanja obveznih rezerv.
Dematerialisation: the elimination of physical certificates or documents of title which represent ownership of financial assets, so that the financial assets exist only as accounting records.
Določba o povprečenju prispeva k stabilizaciji obrestnih mer denarnega trga s tem, da institucije spodbuja k izravnavi učinkov začasnih nihanj likvidnosti.
Deposit facility: a standing facility of the Eurosystem which counterparties may use to make overnight deposits at a national central bank, which are remunerated at a pre-specified interest rate.
Sistem obveznih rezerv Eurosistema predvideva uporabo povprečenja. Dokončna transakcija: transakcija, s katero se finančno premoženje kupi ali proda (promptno ali terminsko) do njegove dospelosti.
Depository: an agent with the primary role of recording securities either physically or electronically and keeping records of the ownership of these securities.
Dokončni prenos: nepreklicni in brezpogojni prenos, ki pomeni razbremenitev obveznosti za izvršitev prenosa.
Deposits redeemable at notice: the instrument category consisting of deposits for which the holder has to respect a fixed period of notice before being able to withdraw the funds.
Država članica: pomeni v tem dokumentu državo članico EU, ki je uvedla enotno valuto v skladu s Pogodbo.
In some cases, there is the possibility of withdrawing a certain fixed amount in a specific period or of earlier withdrawal subject to the payment of a penalty.
Države EGP (Evropskega gospodarskega prostora): države članice EU ter Islandija, Liechtenstein in Norveška.
Deposits with agreed maturity: the instrument category consisting mainly of time deposits with a given maturity which, depending on national practices, may be either unconvertible prior to maturity or convertible only subject to a penalty.
Dvostranski postopek: postopek, v katerem centralna banka sklene posel neposredno samo z eno ali nekaj nasprotnimi strankami, brez uporabe avkcijskih postopkov.
Electronic money: the monetary value as represented by a claim on the issuer which is: (a) stored on an electronic device, (b) issued on receipt of funds of an amount not lower in value than the monetary value issued, and (c) accepted as a means of payment by undertakings other than the issuer.
Euroobmočje: območje, ki zajema države članice EU, ki so sprejele euro za svojo enotno valuto v skladu s Pogodbo in v katerih se izvaja enotna denarna politika, za katero je odgovoren Svet ECB.
End-of-day: the time of the business day (after the TARGET system has closed) at which the payments processed in the TARGET system are finalised for the day.
Evropski sistem centralnih bank (ESCB): se nanaša na Evropsko centralno banko (ECB) in nacionalne centralne banke držav članic EU.
Euro area: the area encompassing the EU Member States which have adopted the euro as their single currency in accordance with the Treaty and in which a single monetary policy is conducted under the responsibility of the Governing Council of the ECB.
Opozoriti je treba, da nacionalne centralne banke tistih držav članic, ki niso uvedle enotne valute v skladu s Pogodbo, obdržijo svoja pooblastila na področju denarne politike v skladu z nacionalnim pravom in torej niso vključene v izvajanje denarne politike Eurosistema.
European System of Central Banks (ESCB): the European Central Bank (ECB) and the national central banks of the EU Member States.
Eurosistem: obsega Evropsko centralno banko (ECB) in nacionalne centralne banke držav članic euroobmočja.
It should be noted that the national central banks of those Member States which have not adopted the single currency in accordance with the Treaty retain their powers in the field of monetary policy according to national law and are thus not involved in the conduct of the monetary policy of the Eurosystem.
Organa odločanja Eurosistema sta Svet in Izvršilni odbor ECB. Gibljivo kritje (dnevno vrednotenje po tržnih cenah): Eurosistem zahteva, da finančno premoženje za zavarovanje terjatev iz povratnih transakcij, s katerimi Eurosistem zagotavlja likvidnost, skozi čas vzdržuje določeno vrednost.
Eurosystem business day: any day on which the ECB and at least one national central bank are open for the purpose of conducting Eurosystem monetary policy operations.
Podobno, če vrednost finančnega premoženja za zavarovanje terjatev po njegovi ponovni ocenitvi presega določeno raven, lahko nasprotne stranke umaknejo presežno finančno premoženje ali denarna sredstva.
Eurosystem credit assessment framework (ECAF): the set of procedures, rules and techniques that ensures that the Eurosystem’s requirement of high credit standards for all eligible assets is met.
Gl. tudi podpoglavje 6.4. Hitra avkcija: avkcijski postopek, ki ga uporablja Eurosistem za operacije finega uravnavanja, ko je zaželen hiter učinek operacije na likvidnost.
In the establishment of high credit standards, the Eurosystem differentiates between marketable and non-marketable assets.
Hitre avkcije se izvedejo v časovnem okviru 90 minut in z omejenim krogom nasprotnih strank.
In the assessment of the credit standard of eligible assets, the Eurosystem takes into account credit assessment information from credit assessment systems belonging to one of four sources, namely external credit assessment institutions (ECAIs), NCBs’ in-house credit assessment systems (ICASs), counterparties’internal ratings-based (IRB) systems or third-party providers’ rating tools (RTs).
Instrument s fiksno donosnostjo: finančni instrument, katerega kupon ostane nespremenjen skozi celotno življenjsko dobo instrumenta. Instrument z obratno spremenljivo donosnostjo: vrednostni papir, pri katerem se obresti, ki se izplačajo imetniku vrednostnega papirja, spreminjajo v obratni smeri glede na spremembe določene referenčne obrestne mere.
In addition, in the assessment of the credit standard, the Eurosystem takes into account institutional criteria and features that guarantee similar protection for the instrument holder such as guarantees.
Instrument z variabilno donosnostjo: finančni instrument, katerega kupon se periodično spremeni glede na referenčni indeks, ki odraža spremembe kratkoročnih ali srednjeročnih tržnih obrestnih mer.
The Eurosystem’s benchmark for establishing its minimum requirement for high credit standards (credit quality threshold) is defined in terms of a ‘single A’ credit assessment.
Instrumenti z variabilno donosnostjo imajo bodisi vnaprej bodisi naknadno določene kupone.
Repurchase date: the date on which the buyer is obliged to sell back assets to the seller in relation to a transaction under a repurchase agreement. Repurchase price: the price at which the buyer is obliged to sell back assets to the seller in relation to a transaction under a repurchase agreement.
Podobno, če bi vrednost finančnega premoženja za zavarovanje terjatev po opravljenem dnevnem vrednotenju presegla znesek terjatve do nasprotne stranke, ob upoštevanju gibljivega kritja, bi centralna banka presežno finančno premoženje (ali denarna sredstva) vrnila nasprotni stranki.
Single rate auction (Dutch auction): an auction in which the allotment interest rate (or price/swap point) applied for all satisfied bids is equal to the marginal interest rate.
Skrbnik: subjekt, ki v imenu drugih hrani in upravlja vrednostne papirje in drugo finančno premoženje.
Standardised deduction: the fixed percentage of the amount outstanding of debt securities with an agreed maturity of up to two years (including money market paper) which can be deducted from the reserve base by the issuers which cannot present evidence that such outstanding amount is held by other institutions subject to the minimum reserve system of the Eurosystem, by the ECB or by a national central bank.
Standardizirani odbitek: fiksni odstotek od zneska nedospelih dolžniških vrednostnih papirjev z dogovorjeno zapadlostjo do dveh let (vključno z vrednostnimi papirji denarnega trga), ki ga lahko izdajatelji, ki ne morejo predložiti dokaza, da je takšen nedospel znesek v lasti drugih institucij, ki so podvržene sistemu obveznih rezerv Eurosistema, v lasti ECB ali nacionalne centralne banke, odštejejo od osnove za (obvezne) rezerve.
Standing facility: a central bank facility available to counterparties at their own initiative.
Stopnja obveznih rezerv: stopnja, ki jo določi centralna banka za vsako kategorijo bilančnih postavk, ki je vključena v osnovo za rezerve.
The Eurosystem offers two overnight standing facilities: the marginal lending facility and the deposit facility.
Te stopnje se uporabljajo za izračun obveznih rezerv.
Strip (separate trading of interest and principal): a zero coupon bond created in order to trade separately the claims on particular cash flows of a security and the principal of the same instrument.
Strukturna operacija: operacija odprtega trga, ki jo uporablja Eurosistem v glavnem z namenom spremeniti strukturno likvidnostno pozicijo finančnega sektorja nasproti Eurosistemu.
Structural operation: an open market operation executed by the Eurosystem mainly in order to adjust the structural liquidity position of the financial sector vis-à-vis the Eurosystem.
Ročnostni razred: kategorija finančnega premoženja, čigar preostala dospelost se giblje znotraj določenih vrednosti, npr. razred z dospelostjo od treh do petih let.
Swap point: the difference between the exchange rate of the forward transaction and the exchange rate of the spot transaction in a foreign exchange swap.
Swap točka: razlika med deviznim tečajem terminske transakcije in deviznim tečajem promptne transakcije pri valutni zamenjavi.
The most competitive bids are satisfied first until the total amount of liquidity to be provided or withdrawn by the central bank is exhausted. Trade date (T): the date on which a trade (i.e. an agreement on a financial transaction between two counterparties) is struck.
Eurosistem izvaja operacije denarne politike na odprtem trgu v obliki valutnih zamenjav, v katerih nacionalne centralne banke (ali ECB) promptno kupijo (ali prodajo) euro za tujo valuto in ga istočasno terminsko prodajo (ali kupijo).
The trade date might coincide with the settlement date for the transaction (same-day settlement) or precede the settlement date by a specified number of business days (the settlement date is specified as T + the settlement lag).
Vnaprej določen kupon: kupon pri instrumentih z variabilno obrestno mero, določen na podlagi vrednosti referenčnega indeksa na določen datum (ali datume) pred pričetkom obdobja, v katerem natekajo obresti kupona.
Treaty: the Treaty establishing the European Community. It is often referred to as the ‘Treaty of Rome’, as amended.
Vloge na odpoklic z odpovednim rokom: kategorija instrumentov, ki jo sestavljajo vloge, za katere mora imetnik upoštevati fiksno odpovedno obdobje preden lahko dvigne denarna sredstva.
Trigger point: a pre-specified level of the value of the liquidity provided at which a margin call is executed. Valuation date: the date on which the assets underlying credit operations are valued.
V nekaterih primerih obstaja možnost dviga določenega fiksnega zneska v določenem obdobju ali možnost predčasnega dviga ob plačilu pogodbene kazni.
Valuation haircut: a risk control measure applied to underlying assets used in reverse transactions, implying that the central bank calculates the value of underlying assets as the market value of the assets reduced by a certain percentage (haircut).
Vloge z dogovorjeno dospelostjo: kategorija instrumentov, ki jo v glavnem sestavljajo vezane vloge z določeno dospelostjo, ki so odvisno od nacionalne prakse lahko bodisi nekonvertibilne pred zapadlostjo bodisi konvertibilne samo proti plačilu pogodbene kazni.
The Eurosystem applies valuation haircuts reflecting features of the specific assets, such as the residual maturity.
Ta kategorija zajema tudi določene netržne dolžniške instrumente, kot na primer netržna (retail) potrdila o vlogah.
Variable rate tender: a tender procedure whereby the counterparties bid both the amount of money they want to transact with the central bank and the interest rate at which they want to enter into the transaction.
Začetno kritje: ukrep za obvladovanje tveganj, ki ga lahko Eurosistem uporablja pri povratnih transakcijah. Zavarovanje, ki se zahteva za transakcijo mora biti enako posojilu, odobrenemu sodelujoči stranki, plus vrednost začetnega kritja.
Variation margin (marking to market): a certain level of the market value of the underlying assets used in the Eurosystem’s liquidity-providing reverse transactions that the Eurosystem requires to be maintained over time.
Zbiranje vezanih vlog: instrument denarne politike, ki ga lahko Eurosistem uporabi za namene finega uravnavanja, pri katerem Eurosistem za vezane vloge nasprotnih strank na računih pri nacionalnih centralnih bankah ponuja nadomestilo v obliki obresti z namenom zagotoviti umik likvidnosti s trga.
This implies that if the value, measured on a regular basis, of the underlying assets falls below a certain level, the national central bank will require the counterparty to supply additional assets or cash (i.e. a margin call).
Zgornji znesekprotiponudbe: meja za najvišji sprejemljiv znesek protiponudbe posamezne nasprotne stranke na avkciji.
Zero coupon bond: a security paying only one cash flow during its life. For the purpose of this document, zero coupon bonds include securities issued at a discount and securities which deliver a single coupon at maturity.
Zunanja bonitetna institucija (ECAI): vir bonitetne ocene, opredeljen v bonitetnem okviru Eurosistema, ki obsega tiste institucije, katerih bonitetne ocene lahko kreditne institucije uporabijo pri ugotavljanju uteži tveganosti za izpostavljenost, v skladu z direktivo o kapitalskih zahtevah.
SELECTION OF COUNTERPARTIES FOR FOREIGN EXCHANGE INTERVENTION OPERATIONS AND FOREIGN EXCHANGE SWAPS FOR MONETARY POLICY PURPOSES
IZBOR NASPROTNIH STRANK ZA POSEGE NA DEVIZNEM TRGU IN VALUTNE ZAMENJAVE ZA NAMENE DENARNE POLITIKE
The selection of counterparties for foreign exchange intervention operations and foreign exchange swaps for monetary policy purposes follows a uniform approach irrespective of the chosen organisational set-up for the Eurosystem’s external operations.
Izbor nasprotnih strank za posege na deviznem trgu in valutne zamenjave za namene denarne politike sledi enotnemu pristopu ne glede na izbrani način organizacije izvedbe posegov Eurosistema na deviznem trgu.
The selection policy does not entail a substantial departure from existing market standards, as it has been derived from the harmonisation of the national central banks’ current best practices.
Politika izbora ne pomeni bistvenega odstopanja od obstoječih tržnih standardov, ker je rezultat harmonizacije obstoječih praks nacionalnih centralnih bank.
A first prudential criterion is creditworthiness, which is assessed using a combination of different methods (e.g. using credit ratings available from commercial agencies and the in-house analysis of capital and other business ratios); a second criterion is that the Eurosystem requires all its potential foreign exchange intervention counterparties to be subject to supervision by a recognised supervisor; and, as a third criterion, all the Eurosystem’s foreign exchange intervention counterparties need to follow high ethical standards and have a good reputation.
Prvo merilo varnega poslovanja je boniteta, ki se ocenjuje s pomočjo kombinacije različnih metod (npr. z uporabo bonitetnih ocen, ki jih izdelujejo komercialne agencije in analizo kapitala ter drugih poslovnih kazalcev, izdelano v Eurosistemu). Drugo merilo je, da Eurosistem zahteva od vseh svojih potencialnih nasprotnih strank za posege na deviznem trgu, da so zajete v nadzor, ki ga izvaja priznani nadzornik.
Once the minimum prudence requirement is fulfilled, the second set of criteria inspired by efficiency considerations is applied.
Tretje merilo je, da morajo vse nasprotne stranke za posege Eurosistema na devizni trg izpolnjevati visoke etične zahteve in uživati velik ugled.
A first efficiency criterion relates to competitive pricing behaviour and the counterparty’s ability to handle large volumes, even in turbulent market conditions.
Ko so izpolnjena najnižja merila varnega poslovanja, se uporabi drugi sklop meril, ki sledi želji po učinkovitosti.
The quality and coverage of information provided by counterparties feature among other efficiency criteria.
Prvo merilo učinkovitosti se nanaša na konkurenčno obnašanje pri določanju cen in sposobnost nasprotne stranke, da posluje v velikem obsegu tudi v nestabilnih tržnih pogojih.
The pool of potential foreign exchange intervention counterparties is sufficiently large and diverse to guarantee the necessary flexibility when implementing intervention operations.
Obseg in kvaliteta informacij, ki jih zagotovijo nasprotne stranke, se uvrščajo med ostala merila učinkovitosti. Nabor možnih nasprotnih strank za posege na deviznem trgu je zadostno širok in raznolik, da jamči potrebno prožnost pri izvajanju posegov.
It enables the Eurosystem to choose from among different intervention channels.
Nabor omogoča Eurosistemu, da izbira iz nabora različnih kanalov za posege.
In order to be able to intervene efficiently in different geographical locations and time zones, the Eurosystem can use counterparties in any international financial centre.
Zato da je sposoben intervenirati učinkovito na različnih geografskih lokacijah in časovnih conah, lahko Eurosistem uporablja nasprotne stranke v katerem koli mednarodnem finančnem središču.
However, in practice, a substantial share of the counterparties tend to be located in the euro area.
Vendar se v praksi pretežni del nasprotnih strank nahaja v euroobmočju.
For foreign exchange swaps executed for monetary policy purposes, the range of counterparties corresponds to the counterparties located in the euro area which are selected for Eurosystem foreign exchange intervention operations.
Krog nasprotnih strank za valutne zamenjave, ki se izvajajo za namene denarne politike, ustreza nasprotnim strankam, ki se nahajajo v euroobmočju in so izbrane za operacije posegov Eurosistema na devizni trg.
The national central banks may apply limit-based systems in order to control credit exposures vis-à-vis individual counterparties in foreign exchange swaps conducted for monetary policy purposes.
Nacionalne centralne banke lahko uporabljajo sisteme, zasnovane na limitih, s ciljem obvladovanja izpostavljenosti kreditnemu tveganju do posameznih nasprotnih strank pri valutnih zamenjavah, ki se izvajajo za namene denarne politike.
REPORTING FRAMEWORK FOR THE MONEY AND BANKING STATISTICS OF THE EUROPEAN CENTRAL BANK [1]
OKVIR POROČANJA ZA DENARNO IN BANČNO STATISTIKO EVROPSKE CENTRALNE BANKE [1]
Council Regulation (EC) No 2533/98 of 23 November 1998 concerning the collection of statistical information by the European Central Bank [2] defines the natural and legal persons which are subject to reporting requirements (the so-called reference reporting population), the confidentiality regime and the appropriate provisions for enforcement in accordance with Article 5.4 of the Statute of the European System of Central Banks and of the European Central Bank (Statute of the ESCB).
Uredba Sveta (ES) št. 2533/98 z dne 23. novembra 1998 o zbiranju statističnih podatkov s strani Evropske centralne banke [2] določa fizične in pravne osebe, za katere veljajo zahteve za poročanje („tako imenovani referenčni obvezniki za poročanje“), režim zaupnosti podatkov in ustrezne določbe za izvajanje v skladu s členom 5.4 Statuta Evropskega sistema centralnih bank Evropske centralne banke (Statut ESCB).
Furthermore, it entitles the ECB to use its regulatory power:to specify the actual reporting population;
Poleg tega pooblašča ECB, da: opredeli dejanske obveznike za poročanje;
to specify the conditions under which the ECB and the national central banks (NCBs) may exercise the right to verify or to carry out the compulsory collection of statistical information.
opredeli pogoje, pod katerimi ECB in nacionalne centralne banke (NCB) lahko uveljavljajo pravico do preverjanja ali izvajanja obveznega zbiranja statističnih podatkov.