natgillin/translations-raw huggingface dataset:
More generally, securitisation transactions should not be structured in such a way as to avoid the application of the retention requirement, in particular through any fee or premium structure or both.
Nasploh posli listinjenja ne bi smeli biti strukturirani tako, da bi se izogibali uporabi zahteve za zadržanje, zlasti prek struktur provizije ali premije ali obojih.
Such retention should be applicable in all situations where the economic substance of a securitisation according to the definition of Directive 2006/48/EC is applicable, whatever legal structures or instruments are used to obtain this economic substance.
Takšno zadržanje bi se moralo uporabiti v vseh okoliščinah, kjer se uporablja ekonomska vsebina listinjenja v skladu z opredelitvijo iz Direktive 2006/48/ES, ne glede na to, kakšna pravna sestava ali instrument se uporabi za dosego takšne ekonomske vsebine.
In particular where credit risk is transferred by securitisation, investors should make their decisions only after conducting thorough due diligence, for which they need adequate information about the securitisations.
Zlasti če se kreditno tveganje prenese z listinjenjem, bi se morali vlagatelji odločati skrbno, za kar potrebujejo ustrezne informacije o listinjenju.
The measures to address the potential misalignment of those structures need to be consistent and coherent in all relevant financial sector regulation.
Ukrepi za reševanje morebitne neskladnosti teh struktur morajo biti v vseh ureditvah finančnih sektorjev dosledni in usklajeni.
The Commission should put forward appropriate legislative proposals to ensure such consistency and coherence.
Komisija bi morala pripraviti ustrezne zakonodajne predloge, da se zagotovita doslednost in usklajenost.
There should be no multiple applications of the retention requirement.
Zahtev za zadržanje ne bi smeli uporabljati večkratno.
For any given securitisation it suffices that only one of the originator, the sponsor or the original lender is subject to the requirement.
Za vsako listinjenje zadošča, da zahteva velja le za originatorja, sponzorja ali prvotnega posojilodajalca.
Similarly, where securitisation transactions contain other securitisations as an underlying, the retention requirement should be applied only to the securitisation which is subject to the investment.
Podobno bi se morala zahteva za zadržanje uporabljati le za listinjenje, ki je predmet vlaganja, če so osnovne izpostavljenosti listinjenja pozicije drugega listinjenja.
Purchased receivables should not be subject to the retention requirement if they arise from corporate activity where they are transferred or sold at a discount to finance such activity.
Za odkupljene denarne terjatve ne bi smela veljati zahteva za zadržanje, če nastanejo zaradi korporativne dejavnosti in so prenesene ali prodane z diskontom zaradi financiranja te dejavnosti.
Competent authorities should apply the risk weight in relation to non-compliance with due diligence and risk management obligations in relation to securitisation for non-trivial breaches of policies and procedures which are relevant to the analysis of the underlying risks.
Pristojni organi bi morali v zvezi z neupoštevanjem obveznosti potrebne skrbnosti in obvladovanja tveganja pri listinjenju za znatne kršitve politik in postopkov, ki so pomembni za analiziranje pripadajočih tveganj, določiti ustrezno utež tveganja.
In their Declaration on Strengthening the Financial System of 2 April 2009, the leaders of the G20 requested the Basel Committee for Banking Supervision and authorities to consider due diligence and quantitative retention requirements for securitisation by 2010.
V izjavi o utrditvi finančnega sistema z dne 2. aprila 2009 so voditelji držav G20 zahtevali, da Baselski odbor za bančni nadzor in organi do leta 2010 preučijo zahteve glede ustrezne skrbnosti in količinske zahteve za zadržanje pri listinjenju.
In view of those international developments, and in order best to mitigate systemic risks arising from securitisation markets, the Commission should, before the end of 2009 and after consulting the Committee of European Banking Supervisors, decide whether an increase of the retention requirement should be proposed, and whether the methods of calculating the retention requirement deliver the objective of a better alignment of the interests of the originators or sponsors and the investors.
Ob upoštevanju teh mednarodnih dogodkov in za to, da bo mogoče čim bolj omejiti sistemska tveganja, ki nastajajo na trgih listinjenja, bi se morala Komisija pred koncem leta 2009 po posvetovanju z Odborom evropskih bančnih nadzornikov odločiti, ali naj predlaga strožje zahteve za zadržanje in ali metode za izračun te zahteve prispevajo k usklajevanju interesov originatorjev oziroma sponzorjev in vlagateljev.
Due diligence should be used in order properly to assess the risks arising from securitisation exposures for both the trading book and the non-trading book.
Da bi ustrezno ocenili tveganja, ki nastajajo zaradi izpostavljenosti iz listinjenja, tako za trgovalno kot za bančno knjigo, bi bilo treba uporabiti potrebno skrbnost.
In addition, due diligence obligations need to be proportionate.
Poleg tega bi morale biti zahteve glede potrebne skrbnosti sorazmerne.
Due diligence procedures should contribute to building greater confidence between originators, sponsors and investors.
Postopki skrbnega pregleda bi morali prispevati k večjemu zaupanju med originatorji, sponzorji in vlagatelji.
It is therefore desirable that relevant information concerning the due diligence procedures is properly disclosed.
Zato je zaželeno, da se ustrezne informacije glede postopkov skrbnega pregleda primerno razkrijejo.
Member States should ensure that competent authorities have sufficient personnel and resources to comply with their supervisory obligations under Directive 2006/48/EC and that employees involved in the supervision of credit institutions in accordance with that Directive have appropriate knowledge and experience for the duties assigned.
Države članice bi morale zagotoviti, da imajo pristojni organi na voljo dovolj kadrov in sredstev za izvajanje nadzornih obveznosti iz Direktive 2006/48/ES in da imajo zaposleni, ki so vključeni v nadzor kreditnih institucij v skladu z navedeno direktivo, primerno znanje in izkušnje za izvajanje dodeljenih nalog.
Annex III to Directive 2006/48/EC should be adapted in order to clarify certain provisions with a view to enhancing the convergence of supervisory practices.
Prilogo III k Direktivi 2006/48/ES bi bilo treba prilagoditi, da se razjasnijo nekatere določbe zaradi okrepitve konvergence nadzornih praks.
Recent market developments have highlighted the fact that liquidity risk management is a key determinant of the soundness of credit institutions and their branches.
Iz nedavnega razvoja trga je razvidno, da je upravljanje likvidnostnega tveganja odločilni dejavnik trdnosti kreditnih institucij in njihovih podružnic.
The criteria set out in Annex V and XI to Directive 2006/48/EC should be reinforced in order to align those provisions to the work conducted by the Committee of European Banking Supervisors and the Basel Committee on Banking Supervision.
Merila, določena v prilogah V in XI k Direktivi 2006/48/ES, bi bilo treba okrepiti, da se te določbe uskladijo z delom, ki ga opravljata Odbor evropskih bančnih nadzornikov in Baselski odbor za bančni nadzor.
The measures necessary for the implementation of Directive 2006/48/EC should be adopted in accordance with Council Decision 1999/468/EC of 28 June 1999 laying down the procedures for the exercise of implementing powers conferred on the Commission [8].
Ukrepe, potrebne za izvajanje Direktive 2006/48/ES, bi bilo treba sprejeti v skladu s Sklepom Sveta 1999/468/ES z dne 28. junija 1999 o določitvi postopkov za uresničevanje Komisiji podeljenih izvedbenih pooblastil [8].
In particular the Commission should be empowered to amend Annex III of Directive 2006/48/EC in order to take account of developments on financial markets or in accounting standards or requirements which take account of Community legislation or with regard to convergence of supervisory practice.
Zlasti bi bilo treba Komisiji podeliti pooblastila za spremembo Priloge III Direktive 2006/48/ES, da se upošteva razvoj dogodkov na finančnih trgih ali razvoj računovodskih standardov ali zahtev, ki upoštevajo zakonodajo Skupnosti, ali glede konvergence nadzornih praks.
Since those measures are of general scope and are designed to amend non-essential elements of Directive 2006/48/EC, they must be adopted in accordance with the regulatory procedure with scrutiny provided for in Article 5a of Decision 1999/468/EC.
Ker so navedeni ukrepi splošnega obsega in so namenjeni spreminjanju nebistvenih določb Direktive 2006/48/ES, jih je treba sprejeti v skladu z regulativnim postopkom s pregledom iz člena 5a Sklepa 1999/468/ES.
The financial crisis has revealed a need for a better analysis of and response to macro-prudential problems, which lie at the interface between macroeconomic policy and financial system regulation.
Finančna kriza je razkrila potrebo po boljši analizi in odzivu na makrobonitetne težave – težave, ki so na stičišču makroekonomske politike in ureditve finančnega sistema.
This will include a need to examine: measures that mitigate the ups and downs of the business cycle, including the need for credit institutions to build counter-cyclical buffers in good times that can be used during a downturn, which may include the possibility of building up additional reserves, ‘dynamic provisioning’ and the possibility to reduce capital buffers during difficult times, thus ensuring adequate availability of capital over the cycle; the rationale underlying the calculation of capital requirements in Directive 2006/48/EC; supplementary measures to risk-based requirements for credit institutions to help constrain the build-up of leverage in the banking system.
Pri tem bo treba preučiti ukrepe, ki blažijo vrhove in padce poslovnega cikla, vključno s potrebo, da kreditne institucije v času uspehov ustvarijo proticiklične rezerve, ki se lahko uporabijo med gospodarsko recesijo in ki vključujejo oblikovanje dodatnih rezerv, „dinamične rezervacije“ in zmanjšanje varnostnega kapitala v težkih časih, s čimer se zagotovi ustrezna razpoložljivost kapitala skozi cikel; smiselno osnovo, ki temelji na izračunu kapitalskih zahtev iz Direktive 2006/48/ES in dodatne ukrepe za zahteve, temelječe na tveganju, za kreditne institucije, da bi pomagali omejiti nastanek finančnih vzvodov v bančnem sistemu.
By 31 December 2009, the Commission should therefore, review Directive 2006/48/EC as a whole to address those issues and present a report to the European Parliament and the Council and any appropriate proposals.
Zato bi morala Komisija za reševanje teh vprašanj do 31. decembra 2009 v celoti pregledati Direktivo 2006/48/ES ter Evropskemu parlamentu in Svetu predložiti poročilo in vse ustrezne predloge.
In order to ensure financial stability, the Commission should review and report on measures to enhance transparency of OTC markets, to mitigate the counterparty risks and more generally to reduce the overall risks, such as by clearing of credit default swaps through central counterparties (CCPs).
Da bi zagotovila finančno stabilnost, bi morala Komisija pregledati ukrepe za povečanje preglednosti trgovanja na prostem trgu (OTC), s čimer bi se zmanjšala izpostavljenost tveganju nasprotne stranke ter tveganjem nasploh, na primer z zamenjavo neplačil prek osrednjih nasprotnih strank (CCP).
The establishment and development of CCPs in the EU subject to high operational and prudential standards and effective supervision should be encouraged.
Treba bi bilo tudi spodbujati veljavo visokih operativnih in bonitetnih standardov za ustanovitev in razvoj CCP v EU ter učinkovit nadzor.
The Commission should submit its report to the European Parliament and the Council together with any appropriate proposals, taking into account parallel initiatives at the global level as appropriate.
Komisija bi morala Evropskemu parlamentu in Svetu predložiti poročilo skupaj z vsemi ustreznimi predlogi, pri tem pa po potrebi upoštevati vzporedne pobude na svetovni ravni.
The Commission should review and report on the application of Article 113(4) of Directive 2006/48/EC including whether exemptions should be a matter of national discretion.
Komisija bi morala pregledati uporabo člena 113(4) Direktive 2006/48/ES pa tudi vprašanje, ali naj bodo izvzetja predmet nacionalnih diskrecij.
The Commission should submit that report to the European Parliament and the Council together with any appropriate proposals.
Komisija bi navedeno poročilo morala predložiti Evropskemu parlamentu in Svetu, skupaj z morebitnimi potrebnimi predlogi.
The exemptions and options should be abolished where there is no demonstrated need for their maintenance with a view of achieving single set of consistent rules across the Community.
Izvzetja in opcije bi bilo treba odpraviti v primerih, kjer ni dokazane potrebe po njihovi ohranitvi, da bi dosegli enotna in skladna pravila v celotni Skupnosti.
The specific characteristics of microcredit should be taken into account in the risk assessment, and the development of microcredit should be promoted.
Pri oceni tveganja bi bilo treba upoštevati posebne značilnosti mikroposojil, treba pa bi bilo tudi spodbujati njihov razvoj.
Furthermore, given the low development of microcredit, the development of adequate rating systems should be promoted, including the development of standard rating systems adapted to the risks of microcredit activities.
Poleg tega bi bilo treba zaradi nezadostnega razvoja mikroposojil spodbujati razvoj ustreznih bonitetnih sistemov, vključno s standardnim bonitetnim sistemom, prilagojenim tveganjem mikroposojilnih dejavnosti.
Member States should endeavour to ensure that the prudential regulation and supervision of micro-credit activities at national level are proportionate.
Države članice bi si morale prizadevati, da bi bila bonitetna ureditev in nadzor mikroposojilnih dejavnosti na nacionalni ravni sorazmerna.
Since the objectives of this Directive, namely the introduction of rules concerning the taking up and pursuit of the business of credit institutions, and their prudential supervision, cannot be sufficiently achieved by the Member States because it requires the harmonisation of a multitude of different rules existing in the legal systems of the various Member States and can therefore be better achieved at Community level, the Community may adopt measures, in accordance with the principle of subsidiarity as set out in Article 5 of the Treaty.
Ker ciljev te direktive, in sicer določitve pravil za začetek opravljanja in opravljanje dejavnosti kreditnih institucij ter za njihov bonitetni nadzor, države članice same ne morejo zadovoljivo doseči, ker zahteva uskladitev številnih različnih pravil, ki trenutno obstajajo v pravnih sistemih različnih držav članic, in jih je zato lažje doseči na ravni Skupnosti, lahko Skupnost sprejme ukrepe v skladu z načelom subsidiarnosti iz člena 5 Pogodbe.
In accordance with the principle of proportionality, as set out in that Article, this Directive does not go beyond what is necessary in order to achieve those objectives.
V skladu z načelom sorazmernosti iz navedenega člena ta direktiva ne prekoračuje okvirov, potrebnih za dosego navedenih ciljev.
In accordance with point 34 of the Interinstitutional agreement on better law-making [9], Member States are encouraged to draw up, for themselves and in the interest of the Community, their own tables illustrating, as far as possible, the correlation between this Directive and the transposition measures, and to make them public.
V skladu s točko 34 Medinstitucionalnega sporazuma o boljši pripravi zakonodaje [9] se države članice spodbuja, da za svoje potrebe in v interesu Skupnosti izdelajo in objavijo tabele, ki naj kolikor nazorno je to mogoče prikažejo korelacijo med to direktivo in ukrepi za prenos v nacionalno pravo.
Directives 2006/48/EC, 2006/49/EC and 2007/64/EC [10] should therefore be amended accordingly,
Direktive 2006/48/ES, 2006/49/ES in 2007/64/ES [10] bi zato bilo treba ustrezno spremeniti –
in the first subparagraph, the introductory part is replaced by the following:
uvodni stavek prvega pododstavka se nadomesti z naslednjim:
One or more credit institutions situated in the same Member State and which are permanently affiliated to a central body which supervises them and which is established in the same Member State, may be exempted from the requirements of Article 7 and Article 11(1) if national law provides that:’;
Ena ali več kreditnih institucij, ki so v isti državi članici in ki so stalno odvisne od centralnega organa, ki jih nadzoruje in ki je ustanovljen v isti državi članici, so lahko izvzete od zahtev iz členov 7 in 11(1), če nacionalna zakonodaja predvidi, da:“;
the second and third subparagraphs are deleted;
drugi in tretji pododstavek se črtata.
point (6) is replaced by the following:
točka (6) se nadomesti z naslednjim:
“institutions” for the purposes of Sections 2, 3 and 5 of Title V, Chapter 2, means institutions as defined in Article 3(1)(c) of Directive 2006/49/EC;’;
‚institucije‘ za namene oddelkov 2, 3 in 5 naslova V poglavja 2 pomeni institucije, kakor so opredeljene v členu 3(1)(c) Direktive 2006/49/ES;“;
in point (45) point (b) is replaced by the following:
v točki (45) se točka (b) nadomesti z naslednjim:
two or more natural or legal persons between whom there is no relationship of control as described in point (a) but who are to be regarded as constituting a single risk because they are so interconnected that, if one of them were to experience financial problems, in particular funding or repayment difficulties, the other or all of the others would also be likely to encounter funding or repayment difficulties.’;
dve ali več fizičnih ali pravnih oseb, med katerimi ni razmerja, ki predstavlja obvladovanje, kot je opisano v točki (a), vendar je treba šteti, da predstavljajo eno samo tveganje, ker so med seboj tako povezane, da je takrat, ko ima ena izmed njih finančne težave, zlasti težave s financiranjem ali odplačilom, verjetno, da bodo imele težave s financiranjem ali odplačilom tudi druge.“;
“consolidating supervisor” means the competent authority responsible for the exercise of supervision on a consolidated basis of EU parent credit institutions and credit institutions controlled by EU parent financial holding companies.’;
‚konsolidacijski nadzornik‘ pomeni pristojni organ, ki je odgovoren za izvajanje nadzora na konsolidirani osnovi nadrejenih kreditnih institucij EU in kreditnih institucij, ki jih obvladujejo nadrejeni finančni holdingi EU.“.
in Article 40, the following paragraph is added:
V členu 40 se doda naslednji odstavek:
The competent authorities in one Member State shall, in the exercise of their general duties, duly consider the potential impact of their decisions on the stability of the financial system in all other Member States concerned and, in particular, in emergency situations, based on the information available at the relevant time.’;
Pristojni organi v eni državi članici pri opravljanju svojih nalog na podlagi informacij, ki so na voljo v tistem trenutku, ustrezno upoštevajo možen učinek svojih odločitev na stabilnost finančnega sistema v vseh drugih zadevnih državah članicah kar zlasti velja v izrednih razmerah.“.
the following Articles are inserted:
Vstavita se naslednja člena:
The competent authorities of a host Member State may make a request to the consolidating supervisor where Article 129(1) applies or to the competent authorities of the home Member State, for a branch of a credit institution to be considered as significant.
Pristojni organi države članice gostiteljice lahko vložijo zahtevo pri konsolidacijskem nadzorniku, kadar se uporablja člen 129(1), ali pristojne organe matične države članice, da se podružnica kreditne institucije opredeli kot pomembna.
That request shall provide reasons for considering the branch to be significant with particular regard to the following:
Ta zahteva vsebuje razloge, zakaj naj se podružnica opredeli kot pomembna, s posebnim poudarkom na sledečem:
whether the market share of the branch of a credit institution in terms of deposit exceeds 2 % in the host Member State;
ali tržni delež podružnice kreditne institucije glede depozitov v državi članici gostiteljici presega 2 %;
the likely impact of a suspension or closure of the operations of the credit institution on market liquidity and the payment and clearing and settlement systems in the host Member State; and
verjetne posledice prenehanja ali opustitve dejavnosti kreditne institucije za tržno likvidnost ter za plačilne in klirinške sisteme ter sisteme poravnave v državi članici gostiteljici; in
the size and the importance of the branch in terms of number of clients within the context of the banking or financial system of the host Member State.
velikost in pomen podružnice glede števila strank v okviru bančnega ali finančnega sistema države članice gostiteljice.
The competent authorities of the home and host Member States, and the consolidating supervisor where Article 129(1) applies, shall do everything within their power to reach a joint decision on the designation of a branch as being significant.
Pristojni organi matične države članice in države članice gostiteljice ter konsolidacijski nadzornik, kadar se uporablja člen 129(1), storijo vse, kar je v njihovi moči, da dosežejo skupno odločitev o določitvi podružnice kot pomembne.
If no joint decision is reached within two months of receipt of a request under the first subparagraph, the competent authorities of the host Member State shall take their own decision within a further period of two months on whether the branch is significant.
Če se v dveh mesecih od prejema zahteve v skladu s prvim pododstavkom ne doseže skupne odločitve, pristojni organi države članice gostiteljice v naslednjih dveh mesecih sprejmejo svojo odločitev o tem, ali je podružnica pomembna.
In taking their decision, the competent authorities of the host Member State shall take into account any views and reservations of the consolidating supervisor or the competent authorities of the home Member State.
Pri sprejemanju odločitev pristojni organi države članice gostiteljice upoštevajo vsa stališča in pridržke konsolidacijskega nadzornika ali pristojnih organov matične države članice.
The decisions referred to in the third and fourth subparagraph shall be set out in a document containing the fully reasoned decision and transmitted to the competent authorities concerned, and shall be recognised as determinative and applied by the competent authorities in the Member States concerned.
Odločitve iz tretjega in četrtega pododstavka se navedejo v dokumentu, ki vsebuje tudi popolno obrazložitev odločitve, se pošljejo zadevnim pristojnim organom, se priznavajo kot dokončne in jih uporabljajo pristojni organi v zadevnih državah članicah.
The designation of a branch as being significant shall not affect the rights and responsibilities of the competent authorities under this Directive.
Določitev podružnice kot pomembne ne vpliva na pravice in odgovornosti pristojnih organov iz te direktive.
The competent authorities of the home Member State shall communicate to the competent authorities of a host Member State where a significant branch is established the information referred to in Article 132(1)(c) and (d) and carry out the tasks referred to in Article 129(1)(c) in cooperation with the competent authorities of the host Member State.
Pristojni organi matične države članice pristojnim organom države članice gostiteljice, kjer ima pomembna podružnica sedež, sporočijo informacije iz člena 132(1)(c) in (d) ter v sodelovanju s pristojnimi organi države članice gostiteljice izvedejo naloge iz člena 129(1)(c).
If a competent authority of a home Member State becomes aware of an emergency situation within a credit institution as referred to in Article 130(1), it shall alert as soon as practicable the authorities referred to in the fourth paragraph of Article 49 and in Article 50.
Če pristojni organ matične države članice izve za izredne razmere znotraj kreditne institucije iz člena 130(1), o tem takoj, ko je mogoče, obvesti organe iz četrtega odstavka člena 49 in člena 50.