natgillin/translations-raw huggingface dataset:
It is necessary to ensure that the competent authorities of the home Member State of the AIFM, the companies over which AIFs managed by an AIFM exercise control and the employees of such companies receive certain information necessary for those companies to assess how that control will impact their situation.
Treba je zagotoviti, da pristojni organi v matični državi članici UAIS, družbe, katere AIS, ki ga upravlja UAIS, obvladuje, in delavci teh družb, dobijo nekatere informacije, potrebne za to, da te družbe ocenijo, kako bo to obvladovanje vplivalo na njih.
Where AIFMs manage AIFs which exercise control over an issuer whose shares are admitted to trading on a regulated market, information should generally be disclosed in accordance with Directive 2004/25/EC of the European Parliament and of the Council of 21 April 2004 on takeover bids [14] and Directive 2004/109/EC of the European Parliament and of the Council of 15 December 2004 on the harmonisation of transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market [15].
Kadar UAIS upravljajo AIS, ki obvladujejo izdajatelja, katerega deleži so sprejeti v trgovanje na reguliranem trgu, bi bilo treba informacije razkriti v skladu z Direktivo Evropskega parlamenta in Sveta 2004/25/ES z dne 21. aprila 2004 o ponudbah za prevzem [14] in Direktivo 2004/109/ES Evropskega parlamenta in Sveta z dne 15. decembra 2004 o uskladitvi zahtev v zvezi s preglednostjo informacij o izdajateljih, katerih vrednostni papirji so sprejeti v trgovanje na organiziranem trgu [15].
Specific requirements should apply to AIFMs managing AIFs which exercise control over a non-listed company.
Za UAIS, ki upravljajo AIS in obvladujejo družbe, ki ne kotirajo na borzi, bi morale veljati posebne zahteve.
In order to ensure transparency regarding the controlled company, enhanced transparency, disclosure and reporting requirements should apply.
Da se zagotovi preglednost v zvezi s podrejeno družbo, bi morale veljati strožje zahteve za preglednost, razkritje in poročanje.
Further, the annual reports of the relevant AIF should be supplemented with regard to the controlled company or such additional information should be included in the annual report of the controlled company.
Poleg tega bi bilo treba letna poročila zadevnih AIS dopolniti ob upoštevanju podrejenih družb ali je treba te dodatne informacije vključiti v letno poročilo podrejene družbe.
Such information should be made available to the employees’ representatives or, where there are none, the employees themselves, and to the investors of the relevant AIF.
Te informacije bi bilo treba nato dati na voljo predstavnikom delavcev ali, če le teh ni, delavcem samim, in vlagateljem zadevnega AIS.
Specific information requirements towards employees of certain companies apply in cases where AIFs acquire control over such companies in accordance with this Directive.
Posebne zahteve po informacijah v razmerju do delavcev določenih družb veljajo, če AIS obvladuje te družbe v skladu s to direktivo.
However, in most cases the AIFM has no control over the AIF, unless it is an internally managed AIF.
Vendar UAIS večinoma ne obvladuje AIS, razen če gre za AIS z notranjim upravljanjem.
Furthermore, there is, in accordance with the general principles of company law, no direct relationship between the shareholders and the employees’ representatives or, where there are none, the employees themselves.
Prav tako, v skladu s splošnimi načeli prava družb, ni neposrednega razmerja med delničarji in predstavniki delavcev ali, če slednjih ni, delavci samimi.
For those reasons, no direct information requirements towards the employees’ representatives or, where there are none, the employees themselves, can be imposed pursuant to this Directive on a shareholder or its manager, namely the AIF and the AIFM.
Iz teh razlogov v skladu s to direktivo delničarju ali njegovemu direktorju, torej AIS in UAIS, ni mogoče naložiti obveznosti glede neposrednega informiranja predstavnikov delavcev ali če slednjih ni, delavcev samih.
As regards the information requirements towards such employees’ representatives or, where there are none, the employees themselves, this Directive should provide for an obligation on the AIFM concerned to use its best efforts to ensure that the board of directors of the company concerned discloses the relevant information to the employees’ representatives or, where there are none, the employees themselves.
Kar zadeva obveznost informiranja predstavnikov delavcev ali, če slednjih ni, delavcev samih, bi morala biti s to direktivo zadevnemu UAIS naložena obveznost prizadevanja za zagotovitev, da upravni odbor zadevne družbe razkrije ustrezne informacije predstavnikom delavcev ali, če slednjih ni, delavcem samim.
The Commission is invited to examine the need and the possibilities to amend the information and disclosure requirements applicable in cases of control over non-listed companies or issuers set out in this Directive on a general level, regardless of the type of investor.
Komisijo se povabi, da preuči potrebo in možnosti za spremembe zahtev po informacijah in razkritju, ki veljajo v primeru obvladovanja družb, ki ne kotirajo na borzi, ali izdajateljev, kot je določeno v tej direktivi na splošni ravni, ne glede na vrsto vlagatelja.
Where an AIFM manages one or more AIFs which acquire control over a non-listed company, the AIFM should provide the competent authorities of its home Member State with information on the financing of the acquisition.
Če UAIS upravlja enega ali več AIS, ki obvladuje družbo, ki ne kotira na borzi, bi moral UAIS pristojnim organom matične države članice zagotoviti informacije o financiranju obvladovanja.
That obligation to provide information on financing should also apply when an AIFM manages AIFs which acquire control over an issuer of shares admitted to trading on a regulated market.
To obveznost o zagotovitvi informacij o financiranju bi bilo treba izpolniti tudi, kadar UAIS upravlja AIS, ki obvladuje izdajatelja delnic, ki so sprejete v trgovanje na reguliranemu trgu.
Where an AIFM manages one or more AIFs which acquire control over a non-listed company or an issuer, the AIFM should, for a period of 24 months following the acquisition of control of the company by the AIFs, first, not be allowed to facilitate, support or instruct any distribution, capital reduction, share redemption and/or acquisition of own shares by the company in accordance with this Directive; second, in so far as the AIFM is authorised to vote on behalf of the AIFs at the meetings of governing bodies of the company, not vote in favour of a distribution, capital reduction, share redemption and/or acquisition of own shares by the company in accordance with this Directive; and third, in any event, use its best efforts to prevent distributions, capital reductions, share redemptions and/or the acquisition of own shares by the company in accordance with this Directive.
Če UAIS upravlja enega ali več AIS, ki obvladuje družbo, ki ne kotira na borzi, ali izdajatelja, tak UAIS v 24-mesečnem obdobju po tem, ko so AIS začeli obvladovati družbo, prvič ne bi smel spodbujati, podpirati ali naložiti razdelitve, zmanjšanja kapitala, odkupa delnic in/ali pridobitve lastnih delnic družbe, v skladu s to direktivo; drugič, v kolikor je UAIS pooblaščen, da glasuje v imenu AIS v nadzornih telesih družbe, ne bi smel glasovati za razdelitev, zmanjšanje kapitala, odkup delnic in/ali pridobitev lastnih delnic družbe, v skladu s to direktivo; in tretjič, moral bi si v vsakem primeru prizadevati za preprečitev razdelitve, zmanjšanja kapitala, odkupa delnic in/ali pridobitve lastnih delnic družbe, v skladu s to direktivo.
When transposing this Directive into national law, the Member States should take into account the regulatory purpose of the provisions of Section 2 of Chapter V of this Directive and take due account in this context of the need for a level playing field between EU AIFs and non-EU AIFs when acquiring control in companies established in the Union.
Pri prenosu te direktive v nacionalno pravo bi morale države članice upoštevati regulativni namen določb Oddelka 2 Poglavja V te direktive ter v zvezi s tem ustrezno upoštevati potrebo po enakih pogojih med EU AIS in ne-EU AIS pri obvladovanju družb, ustanovljenih v Uniji.
The notification and disclosure requirements and the specific safeguards against asset stripping in the case of control over a non-listed company or an issuer should be subject to a general exception for control over small and medium-sized enterprises and special purpose vehicles with the purpose of purchasing, holding or administrating real estate.
Glede zahtev po uradnem obveščanju in razkritju ter posebnih varoval proti odprodaji po delih v primeru obvladovanja družbe, ki ne kotira na borzi, ali izdajateljem, bi morala veljati splošna izjema obvladovanja malih in srednjih podjetij ter posebnih posrednikov, ki se ukvarjajo z nakupom, posestjo ali upravljanjem nepremičnin.
Further, those requirements do not aim at making public proprietary information which would put the AIFM at a disadvantage vis-à-vis potential competitors such as sovereign wealth funds or competitors that may want to put the target company out of business by using the information to their advantage.
Nadalje, cilj teh zahtev ni, da bi lastniške informacije postale javne in bi s tem UAIS postavile v neugoden položaj v primerjavi z morebitnimi tekmeci, kot so denimo državni naložbeni skladi ali tekmeci, ki bi si lahko želeli z uporabo informacij v svojo korist spraviti ciljno družbo v stečaj.
The obligations to notify and disclose information should therefore apply subject to the conditions and restrictions relating to confidential information set out in Directive 2002/14/EC of the European Parliament and of the Council of 11 March 2002 establishing a general framework for informing and consulting employees in the European Community [16] and without prejudice to Directives 2004/25/EC and 2004/109/EC.
Zato bi bilo treba vse obveznosti glede uradnega obveščanja in razkritja informacij izpolnjevati ob upoštevanju pogojev in omejitev v zvezi z zaupnimi informacijami iz Direktive 2002/14/ES Evropskega parlamenta in Sveta z dne 11. marca 2002 o določitvi splošnega okvira za obveščanje in posvetovanje z delavci v Evropski skupnosti [16] in brez poseganja v direktivi 2004/25/ES in 2004/109/ES.
This means that Member States should provide that within the limits and conditions laid down by national law the employees’ representatives, and anyone assisting them, are not authorised to reveal to employees and to third parties any information affecting the legitimate interests of the company that has expressly been provided to them in confidence.
To pomeni, da bi morale države članice določiti, da v okviru omejitev in pod pogoji, določenimi v nacionalnem pravu, predstavniki delavcev in kdor koli, ki jim pomaga, delavcem in tretjim strankam ne smejo razkriti nobenih informacij, ki so jim bile v upravičenem interesu družbe izrecno posredovane kot zaupne.
Member States should, however, be able to authorise the employees’ representatives and anyone assisting them to pass on confidential information to employees and to third parties bound by an obligation of confidentiality.
Državam članicam bi moralo biti omogočeno, da pooblastijo predstavnike delavcev in vse, ki jim pomagajo, da predajo zaupne informacije delavcem in tretjim strankam, ki jih zavezuje obveznost zaupnosti.
Member States should provide that the relevant AIFMs do not request the communication of information by the board of directors to the employees’ representatives or, where there are none, the employees themselves, when the nature of that information is such that, according to objective criteria, it would seriously harm the functioning of the company concerned or would be prejudicial to it.
Države članice bi morale določiti, da zadevni UAIS ne bi smeli zahtevati, da upravni odbor sporoči predstavnikom delavcev ali, če slednjih ni, delavcem samim, informacije, kadar je narava teh informacij taka, da bi v skladu z objektivnimi merili resno ogrozila delovanje zadevne družbe ali bi nanj vplivala.
The notification and disclosure requirements and the specific safeguards against asset stripping should also apply without prejudice to any stricter rules adopted by Member States.
Zahteve po uradnem obveščanju in razkritju in posebna varovala proti odprodaji po delih bi morala veljati brez poseganja v strožja pravila, ki jih sprejmejo države članice.
This Directive also lays down the conditions subject to which EU AIFMs may market the units or shares of EU AIFs to professional investors in the Union.
Ta direktiva tudi določa pogoje, v skladu s katerimi lahko evropski UAIS trži enote ali deleže evropskega AIS profesionalnim vlagateljem v Uniji.
Such marketing by EU AIFMs should be allowed only in so far as the AIFM complies with this Directive and the marketing occurs with a passport, without prejudice to the marketing of AIFs by AIFMs falling below the thresholds provided for in this Directive.
Tako trženje evropskega UAIS bi moralo biti dovoljeno le, če UAIS ravna v skladu s to direktivo in se trži z enotno licenco, brez poseganja v primere, ko UAIS tržijo AIS, ki ne dosegajo pragov, določenih v tej direktivi.
It should be possible for Member States to allow marketing of AIFs by AIFMs falling below those thresholds subject to national provisions.
Državam članicam bi moralo biti omogočeno, da v skladu z nacionalnimi določbami vseeno dovolijo, da UAIS tržijo AIS, ki ne dosegajo pragov, določenih v tej direktivi.
It should be possible for units or shares of an AIF to be listed on a regulated market in the Union, or offered or placed by third parties acting on behalf of the AIFM, in a particular Member State only if the AIFM which manages the AIF is itself permitted to market the units or shares of the AIF in that Member State.
Enote ali deleži AIS bi morali imeti možnost uvrstitve na regulirani trg Unije ali bi jih tretje stranke, ki v določeni državi članici delujejo v imenu UAIS, smele ponuditi ali namestiti le, če ima UAIS, ki upravlja AIS, dovoljenje, da trži enote ali deleže AIS v posamezni državi članici.
In addition, other national and Union law, such as Directive 2003/71/EC of the European Parliament and of the Council of 4 November 2003 on the prospectus to be published when securities are offered to the public or admitted to trading [17] and Directive 2004/39/EC, may also regulate the distribution of AIFs to investors in the Union.
Poleg tega lahko drugo nacionalno pravo in pravo Unije, kot sta na primer Direktiva 2003/71/ES Evropskega parlamenta in sveta z dne 4. novembra 2003 o prospektu, ki se objavi ob javni ponudbi ali sprejemu vrednostnih papirjev v trgovanje [17] in Direktiva 2004/39/ES, tudi urejajo razdelitev AIS vlagateljem v Uniji.
Many EU AIFMs currently manage non-EU AIFs.
Številni EU UAIS trenutno upravljajo ne-EUAIS.
It is appropriate to allow authorised EU AIFMs to manage non-EU AIFs without marketing them in the Union without imposing on them the strict depositary requirements and the requirements relating to the annual report provided for in this Directive, as those requirements have been included for the protection of Union investors.
Ustrezno je, da se UAIS, ki imajo dovoljenje, dovoli, da upravljajo ne-EU AIS, brez trženja v Uniji, ne da bi se jim naložile stroge depozitarne zahteve in zahteve v zvezi z letnimi poročili, ki jih določa ta direktiva, saj so te zahteve vključene za zaščito vlagateljev Unije.
After the entry into force of a delegated act adopted by the Commission in this regard, which will, in principle, taking into account the advice provided by ESMA, occur 2 years after the deadline for transposition of this Directive, authorised EU AIFMs intending to market non-EU AIFs to professional investors in their home Member State and/or in other Member States should be allowed to do so with a passport in so far as they comply with this Directive.
Po začetku veljavnosti delegiranega akta, ki ga v zvezi s tem sprejme Komisija, ki bo načeloma ob upoštevanju mnenja ESMA izdan dve leti po roku za prenos te direktive, bi moralo biti EU UAIS, ki nameravajo tržiti ne-EU AIS profesionalnim vlagateljem v njihovi matični državi članici in/ali drugi države članici dovoljeno, da tržijo z enotno licenco, v kolikor ravnajo v skladu s to direktivo.
That right should be subject to notification procedures and conditions in relation to the third country of the non-EU AIF.
Za izvrševanje te pravice bi morali veljati postopki uradnega obveščanja in pogoji v zvezi s tretjo državo ne-EU AIS.
During a transitional period, which will, in principle, taking into account ESMA’s advice, be brought to an end by means of a delegated act 3 years after the establishment of the passport for non-EU AIFMs, EU AIFMs intending to market non-EU AIFs in certain Member States, but without a passport, should also be permitted to do so by the relevant Member States, but only in so far as they comply with this Directive with the exception of the depositary requirements.
Med prehodnim obdobjem, ki bo načeloma, ob upoštevanju mnenja ESMA, zaključeno z delegiranim aktom tri leta po uveljavitvi delegiranega akta, s katerim je začela veljati enotna licenca za ne-EU UAIS, EU UAIS, ki želijo tržiti ne-EU AIS v določenih državah članicah, vendar brez enotne licence, lahko to storijo z dovoljenjem zadevne države članice, vendar le vkolikor izpolnjujejo to direktivo, razen zahtev glede depozitarja.
Such EU AIFMs should, however, ensure that one or more entities are appointed to carry out the duties of the depositary.
Vendar bi moral tak EU UAIS zagotoviti, da se za izvrševanje nalog depozitarja določi enega ali več subjektov.
In addition, appropriate cooperation arrangements for the purpose of systemic risk oversight and in line with international standards should be in place between the competent authorities of the home Member State of the AIFM and the supervisory authorities of the third country where the non-EU AIF is established in order to ensure an efficient exchange of information that allows the competent authorities of the home Member State of the AIFM to carry out their duties in accordance with this Directive.
Prav tako pa bi morali biti vzpostavljeni ustrezni dogovori o sodelovanju med pristojnimi organi matične države članice UAIS in nadzornimi organi tretje države, v kateri je ustanovljen ne-EU AIS, zaradi nadzora sistemskega tveganja ter v skladu z mednarodnimi standardi, da se zagotovi učinkovita izmenjava informacij, ki pristojnim organom matične države članice UAIS omogoča, da opravljajo svoje dolžnosti v skladu s to direktivo.
The cooperation arrangements should not be used as a barrier to impede non-EU AIFs from being marketed in a Member State.
Dogovorov o sodelovanju ne bi smeli uporabljati kot oviro, s katero bi ne-EU AIS preprečili, da bi se tržili v državi članici.
Further, the third country where the non-EU AIF is established should not be listed as a Non-Cooperative Country and Territory by the Financial Action Task Force on anti-money laundering and terrorist financing (FATF).
Tretja država, v kateri je ustanovljen ne-EU AIS, ne bi smela biti uvrščena na seznam Projektne skupine za finančno ukrepanje proti pranju denarja in financiranju terorističnih dejavnosti (FATF) držav in ozemelj, ki ne sodelujejo.
After the entry into force of a delegated act adopted by the Commission in that regard, which will, in principle, taking into account advice given by ESMA, occur 2 years after the deadline for transposition of this Directive, a basic principle of this Directive should be that a non-EU AIFM is to benefit from the rights conferred under this Directive, such as to market units or shares of AIFs throughout the Union with a passport, subject to its compliance with this Directive.
Po začetku veljavnosti delegiranega akta, ki ga bo načeloma v zvezi s tem sprejela Komisija, ob upoštevanju mnenja ESMA, dve leti po roku za prenos te direktive, bi temeljno načelo te direktive moralo biti, da bi ne-EU UAIS moral uživati pravice iz te direktive, kot so denimo trženje enot ali deležev AIS po vsej Uniji z enotno licenco, ob upoštevanju njegove usklajenosti s to direktivo.
This should ensure a level playing field between EU and non-EU AIFMs.
To bi moralo zagotoviti enake pogoje EU in ne-EU UAIS.
This Directive therefore provides for an authorisation applicable to non-EU AIFMs which will become applicable after the entry into force of the delegated act adopted by the Commission in this regard.
Ta direktiva torej določa dovoljenje za ne-EU UAIS, ki se bo začelo uporabljati po začetku veljavnosti delegiranega akta, ki ga v zvezi s tem sprejme Komisija.
To ensure that such compliance is enforced, the competent authorities of a Member State should enforce compliance with this Directive.
Da se zagotovi to usklajenost, bi morali pristojni organi države članice zagotoviti usklajenost s to direktivo.
For such non-EU AIFMs the competent supervisory authorities should be the competent authorities of the Member State of reference, as defined in this Directive.
Pristojni nadzorni organi bi morali biti za ta ne-EU UAIS pristojni organi referenčne države članice, kakor to določa ta direktiva.
Therefore, where a non-EU AIFM intends to manage EU AIFs and/or market AIFs in the Union with a passport, it should also be required to comply with this Directive, so that it is subject to the same obligations as EU AIFMs.
Zato bi se moralo za ne-EU UAIS, ki namerava upravljati EU AIS in/ali tržiti AIS v Uniji z enotno licenco, zahtevati, da je usklajen s to direktivo, tako da zanj veljajo enake obveznosti kot za EU UAIS.
In very exceptional circumstances, if and to the extent compliance with a provision of this Directive is incompatible with compliance with the law to which the non-EU AIFM or the non-EU AIF marketed in the Union is subject, it should be possible for the non-EU AIFM to be exempted from compliance with the relevant provision of this Directive if it can demonstrate that: it is impossible to combine compliance with a provision of this Directive with compliance with a mandatory provision in the law to which the non-EU AIFM or the non- EU AIF marketed in the Union is subject; the law to which the non-EU AIFM or the non-EU AIF is subject provides for an equivalent rule having the same regulatory purpose and offering the same level of protection to the investors of the relevant AIF; and the non-EU AIFM or the non-EU AIF complies with that equivalent rule.
V zelo izjemnih primerih, v kolikor uskladitev z določbo te direktive ni združljiva z uskladitvijo s pravom, ki velja za ne-EU UAIS ali ne-EU AIS, ki je tržen v Uniji, bi moralo biti omogočeno, da je ne-EU UAIS oproščen uskladitve z zadevno določbo te direktive, če lahko dokaže, da je nemogoče kombinirati uskladitev z določbo te direktive z uskladitvijo z zavezujočo določbo prava, ki velja za ne-EU UAIS ali ne-EU AIS, ki je tržen v Uniji; da ima pravo, ki velja za ne-EU UAIS ali ne-EU AIS enakovredno pravilo, ki ima enak regulativni namen in nudi enako raven varstva vlagateljem ustreznega AIS; in da ne-EU UAIS ali ne-EU AIS ravnata v skladu s tem enakovrednim pravilom.
Further, a non-EU AIFM intending to manage EU AIFs and/or market AIFs in the Union with a passport should comply with a specific authorisation procedure and certain specific requirements concerning the third country of the non-EU AIFM and, as appropriate, the third country of the non-EU AIF should be satisfied.
Nadalje bi moral ne-EU UAIS, ki namerava upravljati EU AIS in/ali tržiti AIS v Uniji z enotno licenco, biti v skladu s specifičnim postopkom izdaje dovoljenja, izpolnjene pa bi morale biti tudi nekatere posebne zahteve v zvezi s tretjo državo ne-EU UAIS in, kjer je to ustrezno, tretjo državo ne-EU AIS.
ESMA should provide advice on the determination of the Member State of reference, and, where relevant, the exemption as regards compatibility with an equivalent rule.
ESMA bi morala izdati mnenje o določitvi referenčne države članice in, če je to potrebno, o oprostitvi glede skladnosti z enakovrednim pravilom.