natgillin/translations-raw huggingface dataset:
Institutions located in other participating Member States may decide to deduct from their reserve base for the maintenance periods from 10 December 2008 to 20 January 2009 and from 21 January to 10 February 2009 any liabilities owed to institutions located in Slovakia, even though at the time the minimum reserves are calculated such institutions will not appear on the list of institutions subject to reserve requirements mentioned in Article 2(3) of Regulation (EC) No 1745/2003 (ECB/2003/9).
Institucije v drugih sodelujočih državah članicah se lahko odločijo, da bodo iz svojih osnov za obvezne rezerve za obdobji izpolnjevanja od 10. decembra 2008 do 20. januarja 2009 in od 21. januarja 2009 do 10. februarja 2009 izključile vse obveznosti do institucij na Slovaškem, čeprav se v času izračuna obveznih rezerv te institucije še ne bodo nahajale na seznamu institucij, ki so obvezniki za obvezne rezerve, iz člena 2(3) Uredbe (ES) št. 1745/2003 (ECB/2003/9).
Institutions located in other participating Member States that wish to deduct liabilities owed to institutions located in Slovakia shall, for the maintenance periods from 10 December 2008 to 20 January 2009 and from 21 January to 10 February 2009, calculate their minimum reserves on the basis of their balance sheet at 31 October and 30 November 2008 respectively and report a table in accordance with footnote 5 of Table 1 of Annex I to Regulation (EC) No 2423/2001 (ECB/2001/13) showing institutions located in Slovakia as already subject to the ECB’s minimum reserve system.
Institucije v drugih sodelujočih državah članicah, ki želijo izključiti obveznosti do institucij na Slovaškem, bodo za obdobji izpolnjevanja od 10. decembra 2008 do 20. januarja 2009 in od 21. januarja 2009 do 10. februarja 2009 izračunale svoje obvezne rezerve na podlagi svoje bilance stanja na 31. oktober oziroma 30. november 2008 in sporočile tabelo v skladu z opombo 5 v Tabeli 1 Priloge I k Uredbi (ES) št. 2423/2001 (ECB/2001/13), v kateri bodo institucije na Slovaškem že prikazane kot obvezniki sistema obveznih rezerv ECB.
This shall be without prejudice to the obligation for institutions to report statistical information for the periods concerned in accordance with Table 1 of Annex I to Regulation (EC) No 2423/2001 (ECB/2001/13), still showing institutions located in Slovakia as being banks located in the ‘Rest of the world’.
To ne bo vplivalo na obveznost institucij, da sporočijo statistične informacije za ti obdobji v skladu s Tabelo 1 Priloge I k Uredbi (ES) št. 2423/2001 (ECB/2001/13), v kateri bodo institucije na Slovaškem še vedno prikazane kot banke v kategoriji „Ostali svet“.
For the maintenance periods starting in December 2008, January and February 2009, institutions located in other participating Member States that benefit from the derogation under Article 2(2) of Regulation (EC) No 2423/2001 (ECB/2001/13) and wish to deduct liabilities owed to institutions located in Slovakia, shall calculate their minimum reserves on the basis of their balance sheet as at 30 September 2008 and report a table in accordance with footnote 5 of Table 1 of Annex I to Regulation (EC) No 2423/2001 (ECB/2001/13) showing institutions located in Slovakia as already subject to the ECB’s minimum reserve system.
Za obdobja izpolnjevanja, ki se začnejo v decembru 2008 ter januarju in februarju 2009, bodo institucije v drugih sodelujočih državah članicah, za katere velja odstopanje po členu 2(2) Uredbe (ES) št. 2423/2001 (ECB/2001/13) in ki želijo izključiti obveznosti do institucij na Slovaškem, izračunale svoje obvezne rezerve na podlagi svoje bilance stanja na 30. september 2008 in sporočile tabelo v skladu z opombo 5 v Tabeli 1 Priloge I k (ES) št. 2423/2001 (ECB/2001/13), v kateri bodo institucije na Slovaškem že prikazane kot obvezniki sistema obveznih rezerv ECB.
This shall be without prejudice to the obligation for institutions to report statistical information for the periods concerned in accordance with Table 1 of Annex I to Regulation (EC) No 2423/2001 (ECB/2001/13) still showing institutions located in Slovakia as being banks located in the ‘Rest of the world’.
To ne bo vplivalo na obveznost institucij, da sporočijo statistične informacije za ta obdobja v skladu s Tabelo 1 Priloge I k Uredbi (ES) št. 2423/2001 (ECB/2001/13), v kateri bodo institucije na Slovaškem še vedno prikazane kot banke v kategoriji „Ostali svet“.
This Decision is addressed to Národná banka Slovenska, institutions located in Slovakia and institutions located in other participating Member States.
Ta odločba je naslovljena na centralno banko Národná banka Slovenska, institucije na Slovaškem in institucije v drugih sodelujočih državah članicah.
This Decision shall enter into force on 1 November 2008.
Ta odločba vecjati začne 1. novembra 2008.
In the absence of specific provisions in this Decision, the provisions of Regulations (EC) No 1745/2003 (ECB/2003/9) and (EC) No 2423/2001 (ECB/2001/13) shall apply.
Če ta odločba ne vsebuje posebnih določb, se uporabljajo določbe uredb (ES) št. 1745/2003 (ECB/2003/9) in (ES) št. 2423/2001 (ECB/2001/13).
Done at Frankfurt am Main, 28 October 2008.
V Frankfurtu na Majni, 28. oktobra 2008
of 14 November 2008
z dne 14. novembra 2008
on the implementation of Regulation ECB/2008/11 of 23 October 2008 on temporary changes to the rules relating to eligibility of collateral
o izvajanju Uredbe ECB/2008/11 z dne 23. oktobra 2008 o začasnih spremembah pravil v zvezi s primernostjo zavarovanja
Having regard to the Treaty establishing the European Community and in particular to the first indent of Article 105(2) and to Article 110,
ob upoštevanju Pogodbe o ustanovitvi Evropske skupnosti ter zlasti prve alinee člena 105(2) in člena 110,
Having regard to the Statute of the European System of Central Banks and of the European Central Bank and in particular to the second indent of Article 34.1, in conjunction with the first indent of Article 3.1 and Article 18.2,
ob upoštevanju Statuta Evropskega sistema centralnih bank in Evropske centralne banke ter zlasti druge alinee člena 34.1 v povezavi s prvo alineo člena 3.1 in členom 18.2,
Having regard to Article 8 of Regulation ECB/2008/11 of 23 October 2008 on temporary changes to the rules relating to eligibility of collateral,
ob upoštevanju člena 8 Uredbe ECB/2008/11 z dne 23. oktobra 2008 o začasnih spremembah pravil v zvezi s primernostjo zavarovanja,
On 15 October 2008, the Governing Council of the European Central Bank (ECB) decided to temporarily admit credit claims arising under syndicated loans governed by the laws of England and Wales as eligible collateral for the purposes of Eurosystem monetary policy operations.
Svet Evropske centralne banke (ECB) je 15. oktobra 2008 odločil, da se bančna posojila v obliki sindiciranih posojil, ki so urejena po pravu Anglije in Walesa, začasno sprejmejo kot primerno zavarovanje za potrebe operacij denarne politike Eurosistema.
On 23 October 2008, the Governing Council gave effect to its decision by adopting Regulation ECB/2008/11 [1].
Svet ECB je 23. oktobra 2008 to odločitev uveljavil s sprejetjem Uredbe ECB/2008/11 [1].
Under Article 3(2) of Regulation ECB/2008/11, for syndicated loans governed by the laws of England and Wales, the total number of governing laws applying to the mobilisation of such loans may not exceed three.
V skladu s členom 3(2) Uredbe ECB/2008/11 pri sindiciranih posojilih, ki so urejena po pravu Anglije in Walesa, skupno število pravnih redov, ki se uporabljajo za mobilizacijo takšnih posojil, ne sme biti več kot tri.
The legal complexities inherent in the mobilisation of syndicated loans, when up to three different governing laws can apply, require the conduct of legal and risk assessments by the national central banks of the Member States that have adopted the euro (hereinafter ‘the NCBs’), when providing liquidity against such collateral.
Pravna kompleksnost, značilna za mobilizacijo sindiciranih posojil, kjer se lahko uporabljajo do trije različni pravni redi, zahteva od nacionalnih centralnih bank držav članic, ki so sprejele euro (v nadaljevanju: NCB), da izvedejo pravno oceno in oceno tveganj, kadar na podlagi takšnega zavarovanja zagotavljajo likvidnost.
The legal complexity involved in the mobilisation of the above loans requires the adoption of implementation criteria relating to the acceptance, as eligible collateral, of syndicated loans governed by the laws of England and Wales,
Pravna kompleksnost, povezana z mobilizacijo teh posojil, zahteva sprejetje izvedbenih meril v zvezi s sprejemanjem sindiciranih posojil, urejenih po pravu Anglije in Walesa, kot primerno zavarovanje –
‘General Documentation’ means Annex I to Guideline ECB/2000/7 of 31 August 2000 on monetary policy instruments and procedures of the Eurosystem [2],‘syndicated loans’ means credit claims represented by shares of syndicate member institutions in syndicated loans, as described in Chapter 6.2.2 of the General Documentation and governed by the laws of England and Wales.
„splošna dokumentacija“ pomeni Prilogo I k Smernici ECB/2000/7 z dne 31. avgusta 2000 o instrumentih monetarne politike in postopkih Eurosistema [2];„sindicirana posojila“ pomenijo bančna posojila v obliki deležev institucij v sindikatu pri sindiciranih posojilih, kot so opisana v Poglavju 6.2.2 Splošne dokumentacije in urejena po pravu Anglije in Walesa.
Mobilisation techniques for syndicated loans
Načini izvedbe mobilizacije pri sindiciranih posojilih
An NCB shall mobilise syndicated loans directly from its relevant counterparty in accordance with its respective domestic procedures for credit claims.
NCB mobilizira sindicirana posojila neposredno od svoje zadevne nasprotne stranke v skladu s svojimi ustreznimi domačimi postopki za bančna posojila.
The mobilisation agreement shall be governed by the law of a Member State belonging to the euro area.
Pogodba o mobilizaciji mora biti urejena po pravu države članice, ki je del euroobmočja.
Chapter 6.6 of the General Documentation shall not apply to the mobilisation of syndicated loans.
Poglavje 6.6 Splošne dokumentacije se za mobilizacijo sindiciranih posojil ne uporablja.
Transferability of loans
Prenosljivost posojil
Only fully transferable syndicated loans shall be eligible.
Primerna so samo v celoti prenosljiva bančna posojila.
For the purposes of the fourth indent of Appendix 7 of Annex I to the General Documentation, syndicated loans shall not be considered to be fully transferable and capable of being mobilised without restriction as collateral for Eurosystem credit operations unless the loan agreement unconditionally permits:
Za potrebe četrte alinee Dodatka 7 k Splošni dokumentaciji se šteje, da sindicirana posojila niso v celoti prenosljiva in jih ni mogoče brez omejitev mobilizirati kot zavarovanje za kreditne operacije Eurosistema, razen če posojilna pogodba brezpogojno dovoljuje:
the lender to charge, assign or otherwise create a security interest in or over its rights to secure obligations of that lender to an NCB; and
posojilodajalcu, da obremeni ali odstopi svoje pravice ali kako drugače ustanovi zavarovanje na svojih pravicah, da bi tako zavaroval svoje obveznosti do NCB; in
the relevant NCB to enforce its security interest over such loan by way of collecting payments under the loan directly or indirectly from the underlying debtor and by way of assigning or transferring the loan to a bank or financial institution or to a trust fund or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities or other financial assets.
zadevni NCB, da izvršuje svojo pravico iz zavarovanja na takšnem posojilu tako, da zbira plačila iz naslova posojila neposredno ali posredno od osnovnega dolžnika, in tako, da odstopi ali prenese posojilo banki ali finančni instituciji oziroma skrbniškemu skladu ali drugemu subjektu, katerega redna dejavnost ali namen ustanovitve je ustvarjanje ali kupovanje posojil, vrednostnih papirjev ali drugega finančnega premoženja oziroma nalaganje vanje.
Notification to the debtor
Obvestitev dolžnika
The counterparty shall be required to notify the debtor under a syndicated loan agreement of the mobilisation of such syndicated loan as collateral before or immediately following mobilisation of such loan.
Od nasprotne stranke se zahteva, da obvesti dolžnika iz pogodbe o sindiciranem posojilu o mobilizaciji takšnega sindiciranega posojila kot zavarovanje, in sicer pred mobilizacijo takšnega posojila ali takoj po njej.
Such notification shall be given in accordance with the applicable procedures as specified in the syndicated loan agreement.
Takšna obvestitev se opravi v skladu z ustreznimi postopki, kot so opredeljeni v pogodbi o sindiciranem posojilu.
Paragraph 1 is without prejudice to the right of the relevant NCB to notify the debtor.
Odstavek 1 ne posega v pravico pristojne NCB, da obvesti dolžnika.
Registration certificate
Potrdilo o registraciji
Counterparties shall provide the relevant NCB with a copy of the confirmation received from the Registrar of Companies of England and Wales that mobilisation of the syndicated loan has been registered at Companies House.
Nasprotne stranke predložijo pristojni NCB kopijo potrdila organa Registrar of Companies of England and Wales, da je bila mobilizacija sindiciranega posojila registrirana pri registrskem organu Companies House.
Submission by the counterparty of a diligence letter from external legal counsel
Pismo diligence letter zunanjega pravnega svetovalca, ki ga predloži nasprotna stranka
Before mobilisation of syndicated loans, counterparties shall deliver to the relevant NCB a diligence letter from external legal counsel addressing, in a manner and form satisfactory to the Eurosystem, certain diligence issues, as these may be elaborated on from time to time by the ECB and published on its website.
Nasprotne stranke pred mobilizacijo sindiciranih posojil zadevni NCB predložijo pismo diligence letter, ki ga pripravi zunanji pravni svetovalec in na način in v obliki, ki ustrezata Eurosistemu, obravnava določena dejanska vprašanja, kot jih vsakokrat oblikuje ECB in objavi na svoji spletni strani.
Special purpose vehicles as debtors
Družbe za posebne finančne namene kot dolžniki
A special purpose vehicle (SPV) shall be an eligible debtor under a syndicated loan only if (i) the SPV is the beneficiary of a guarantee that is issued by a non-financial corporation eligible as a guarantor within the meaning of Chapter 6.2.2 of the General Documentation; (ii) the guarantee complies with the requirements set out in Chapter 6.3.3 of the General Documentation; and (iii) the relevant NCB is legally entitled to enforce the guarantee following the mobilisation of the syndicated loan.
Družba za posebne namene (special purpose vehicle – SPV) je primeren dolžnik pri sindiciranem posojilu samo, če (i) je SPV upravičenec iz garancije, ki jo je izdala nefinančna družba, ki je primeren garant v smislu Poglavja 6.2.2 Splošne dokumentacije; (ii) garancija izpolnjuje zahteve iz Poglavja 6.3.3 Splošne dokumentacije; in (iii) je zadevna NCB po mobilizaciji sindiciranega posojila pravno upravičena do uveljavljanja garancije.
Credit claims arising under syndicated loans with SPVs as debtors shall be eligible collateral for Eurosystem credit operations only if the SPV and the guarantor are established in the euro area.
Bančna posojila v obliki sindiciranih posojil, pri katerih so dolžniki SPV, so primerno zavarovanje za kreditne operacije Eurosistema samo, če sta SPV in garant ustanovljena v euroobmočju.
The requirement to provide legal confirmation, as provided for in Chapter 6.3.3 of the General Documentation, shall also apply where the debtor is an SPV benefiting from a guarantee in accordance with paragraph 1.
Zahteva po zagotovitvi pravne potrditve, določena v Poglavju 6.3.3 Splošne dokumentacije, velja tudi, kadar je dolžnik SPV, ki je upravičenec iz garancije v skladu z odstavkom 1.
Currency of denomination
Valuta denominacije
For the purposes of Chapter 6.2.2 of the General Documentation, syndicated loans shall be considered to be denominated in euro only insofar as the relevant loan agreement does not allow the debtor or the debtor’s agent, on its behalf, to vary the currency in which the syndicated loan is denominated or payable at any time before the maturity of the relevant Eurosystem credit operation.
Za potrebe Poglavja 6.2.2 Splošne dokumentacije se šteje, da so sindicirana posojila denominirana v eurih samo v primeru, če zadevna posojilna pogodba dolžniku ali zastopniku v imenu dolžnika ne dovoljuje, da kadar koli pred zapadlostjo zadevne kreditne operacije Eurosistema spremeni valuto, v kateri je sindicirano posojilo denominirano ali plačljivo.
No set-off or counterclaim
Prepoved pobota ali nasprotnih zahtevkov
Syndicated loans shall only constitute eligible collateral for Eurosystem credit operations if the relevant syndicated loan agreement includes an express provision pursuant to which all payments to be made by the debtor are made free and clear of any deduction for set-off or counterclaim.
Sindicirana posojila so primerno zavarovanje za kreditne operacije Eurosistema samo, če zadevna pogodba o sindiciranem posojilu vključuje izrecno določbo, v skladu s katero so vsa plačila dolžnika prosta in razbremenjena kakršnih koli odbitkov zaradi pobota ali nasprotnih zahtevkov.
Restrictions on realisation of collateral
Omejitve glede realizacije zavarovanja
Syndicated loans containing contractual provisions requiring a majority of lenders to adopt syndicate decisions vis-à-vis the debtor shall be eligible collateral for Eurosystem credit operations.
Sindicirana posojila, pri katerih pogodbene določbe zahtevajo, da se odločitve sindikata v razmerju do dolžnika sprejmejo z večino posojilodajalcev, so primerno zavarovanje za kreditne operacije Eurosistema.
Syndicated loan agreements containing contractual provisions authorising certain terms of the relevant syndicated loan agreement to be amended or waived with the consent of a majority of lenders shall be eligible collateral for Eurosystem credit operations; provided, however, that the loan agreement for such loans does not provide that majority decisions may be taken with respect to: (i) an extension to the date of payment of any amount due under the agreement; or (ii) a reduction in margin or in the amount of any payment of principal or interest; or (iii) a change to the principle that each lender’s obligations under the agreement are several.
Pogodbe o sindiciranem posojilu s pogodbenimi določbami, ki dovoljujejo spreminjanje ali opustitev določenih pogojev zadevne pogodbe o sindiciranem posojilu ob soglasju večine posojilodajalcev, so primerne za zavarovanje kreditnih operacij Eurosistema; vendar pa je pogoj, da posojilna pogodba za takšna posojila ne določa možnosti večinskega odločanja v zvezi: (i) s podaljšanjem roka za plačilo katerega koli zapadlega zneska po pogodbi; ali (ii) z zmanjšanjem pribitka ali zneska katerega koli plačila glavnice ali obresti; ali (iii) s spreminjanjem načela, da so obveznosti vsakega posojilodajalca po pogodbi solidarne.
Syndicated loans involving a facility agent for the collection and distribution of payments shall be eligible collateral for Eurosystem credit operations only where the facility agent is a credit institution with a minimum long-term rating of ‘A-’ by Fitch or Standard & Poor’s, ‘A3’ by Moody’s or of ‘AL’ by DBRS.
Sindicirana posojila, pri katerih sodeluje agent (facility agent) za zbiranje in distribucijo plačil, so primerno zavarovanje za kreditne operacije Eurosistema samo, če je ta agent kreditna institucija z najnižjo dolgoročno oceno „A-“, ki jo dodeli Fitch ali Standard & Poor’s, „A3“, ki jo dodeli Moody’s, ali „AL“, ki jo dodeli DBRS.
Replacement of lender clauses
Določbe o zamenjavi posojilodajalca
A syndicated loan containing contractual provisions permitting the debtor to replace the lender in exchange for an outstanding loan shall only be eligible collateral for Eurosystem credit operations where, prior to mobilisation, the counterparty provides the relevant NCB with an enforceable security interest in or over the counterparty’s right to receive cash in respect of such exchange.
Sindicirano posojilo s pogodbenimi določbami, ki dolžniku dovoljujejo, da zamenja posojilodajalca v zameno za neodplačano posojilo, je primerno zavarovanje za kreditne operacije Eurosistema samo, če nasprotna stranka pred mobilizacijo zadevni NCB zagotovi izvršljivo zavarovanje na pravici nasprotne stranke, da v zvezi s takšno zamenjavo prejme denar.
Disclosure of confidential information
Razkritje zaupnih informacij
A syndicated loan shall only constitute eligible collateral for Eurosystem credit operations if the syndicated loan agreement permits the lender to disclose confidential information to a Eurosystem central bank in connection with any charge, assignment or security interest created by the lender in or over its rights under the agreement to secure obligations of that lender to a Eurosystem central bank.
Sindicirano posojilo je primerno zavarovanje za kreditne operacije Eurosistema samo, če pogodba o sindiciranem posojilu posojilodajalcu dovoljuje, da centralni banki Eurosistema razkrije zaupne informacije v zvezi s kakršno koli obremenitvijo, odstopom ali zavarovanjem, ki ga ustanovi posojilodajalec na svojih pravicah po pogodbi, da bi tako zavaroval svoje obveznosti do centralne banke Eurosistema.
Taxation and Indemnity
Obdavčitev in odškodovanje
A syndicated loan shall only be eligible collateral for Eurosystem credit operations if the counterparty fulfils the conditions set out in this Article.
Sindicirano posojilo je primerno zavarovanje za kreditne operacije Eurosistema samo, če nasprotna stranka izpolnjuje pogoje iz tega člena.
The counterparty shall provide confirmation from UK tax counsel to the effect that either: (a) the debtor will not be required to retain UK withholding tax as a result of any transfer, under either English or any other law, of the beneficial ownership of the loan asset to the NCB; or (b) the debtor will be required to retain UK withholding tax as a result of such transfer of beneficial ownership to the NCB, but that the NCB should be eligible to benefit from the tax treaty between the UK and the jurisdiction of the NCB, such that once a direction has been issued by Her Majesty’s Revenue & Customs (HMRC) under the relevant treaty, the debtor will be entitled to make interest payments to the NCB without withholding UK tax and the NCB will be entitled to recover tax previously withheld; or (c) the debtor will be required to retain UK withholding tax as a result of such transfer of beneficial ownership to the NCB and the NCB will not be eligible to benefit from the tax treaty between the UK and the NCB’s jurisdiction or any other exemption.
Nasprotna stranka predloži potrdilo svetovalca za davke v Združenem kraljestvu, da bodisi: (a) dolžnik ne bo zavezan zadržati odbitnega davka v Združenem kraljestvu zaradi prenosa dejanskega imetništva (beneficial ownership) sredstev iz posojila na NCB, po angleškem ali katerem koli drugem pravu; bodisi (b) bo dolžnik zavezan zadržati odbitni davek v Združenem kraljestvu zaradi takšnega prenosa dejanskega imetništva na NCB, a bi NCB morala biti upravičena do ugodnosti po sporazumu o obdavčevanju med Združenim kraljestvom in jurisdikcijo NCB, tako da bo od izdaje odredbe davčnega organa Her Majesty’s Revenue & Customs na podlagi zadevnega sporazuma dolžnik upravičen izplačati obresti nacionalni centralni banki brez odbitnega davka v Združenem kraljestvu, NCB pa bo upravičena do povračila predhodno odbitega davka; bodisi (c) bo dolžnik zavezan zadržati odbitni davek v Združenem kraljestvu zaradi takšnega prenosa dejanskega imetništva posojila na NCB, NCB pa ne bo upravičena do ugodnosti po sporazumu o obdavčevanju med Združenim kraljestvom in jurisdikcijo NCB ali po kakršni koli drugi izjemi.