natgillin/translations-raw huggingface dataset:
‘CSD access criterion 5’ means the criterion laid down in Article 15(1)(e) of Guideline ECB/2010/2, i.e. that CSDs are eligible for access to T2S services provided that they commit towards other CSDs in T2S to carry out their central bank money settlement in T2S if the currency is available in T2S;
»pogoj 5 za dostop CDD« pomeni pogoj, določen v členu 15(1)(e) Smernice ECB/2010/2, tj. da so CDD primerne za dostop do storitev T2S, če se zavežejo drugim CDD v T2S, da bodo izvajale poravnavo v centralnobančnem denarju v T2S, če bo zadevna valuta na voljo v T2S;
‘relevant competent authorities’ means the CBs and the regulators with oversight and/or supervisory competence over a specific CSD and responsible for assessing CSDs against applicable recognised standards;
»ustrezni pristojni organi« pomenijo CB in regulativne organe, ki so pristojni za pregled in/ali nadzor nad določeno CDD in odgovorni za ocenjevanje skladnosti CDD z ustreznimi priznanimi standardi;
‘directly connected party’ means a T2S Party with a technical facility allowing it to access T2S and use its securities settlement services without the need for a CSD to act as a technical interface;
»neposredno povezana stranka« pomeni stranko T2S, ki ima tehnične zmožnosti, ki ji omogočajo, da dostopa do T2S in uporablja njegove storitve poravnave vrednostnih papirjev, ne da bi morala CDD delovati kot tehnični vmesnik;
‘T2S Party’ means a legal entity or, in some markets, an individual, that has a contractual relationship with a CSD in T2S for the processing of its settlement-related activities in T2S, and does not necessarily hold a securities account with the CSD;
»stranka T2S« pomeni pravni subjekt ali, na nekaterih trgih, posameznika, ki je v pogodbenem razmerju s CDD v T2S za obdelavo svojih aktivnosti, povezanih s poravnavo, v T2S in nima nujno računa vrednostnih papirjev pri CDD;
‘T2S Programme Board’ means the Eurosystem management body established pursuant to Decision ECB/2009/6, as defined in Article 2 of Guideline ECB/2010/2, or its successor;
»Odbor za program T2S« pomeni organ upravljanja v Eurosistemu, ustanovljen na podlagi Sklepa ECB/2009/6, kakor je opredeljen v členu 2 Smernice ECB/2010/2, ali njegovega naslednika;
‘T2S Advisory Group (AG)’ means the forum defined in Article 7 of Guideline ECB/2010/2;
»Svetovalna skupina za T2S« pomeni forum, opredeljen v členu 7 Smernice ECB/2010/2;
‘Currency Participation Agreement (CPA)’ means an agreement to be entered into by the Eurosystem and a non-euro area NCB, or an authority responsible for a currency other than the euro, for the purpose of settling securities transaction in central bank money in currencies other than the euro.
»sporazum o udeležbi valute« pomeni sporazum, ki ga skleneta Eurosistem in NCB zunaj euroobmočja ali organ, odgovoren za valuto, ki ni euro, za namen poravnave transakcij z vrednostnimi papirji v centralnobančnem denarju v valutah, ki niso euro.
The five criteria determining the eligibility of CSDs to access T2S services laid down in Article 15 of Guideline ECB/2010/2 (hereinafter the ‘five CSD access criteria’) shall be implemented in accordance with the procedures laid down in Articles 3 to 5 of this Decision and the rules in the Annex.
Pet pogojev za primernost CDD za dostop do storitev T2S, ki so določeni v členu 15 Smernice ECB/2010/2 (v nadaljnjem besedilu: pet pogojev za dostop CDD), se izvaja v skladu s postopki, določenimi v členih 3 do 5 tega sklepa, in pravili v Prilogi.
This Decision shall not apply to directly connected parties having a legal relationship with the CSDs.
Ta sklep se ne uporablja za neposredno povezane stranke, ki so v pravnem razmerju s CDD.
To apply for T2S services, a CSD shall submit: (a) an application to the Governing Council; and (b) at the time of its migration to T2S, an assessment report.
Da bi se CDD prijavila za storitve T2S, mora predložiti: (a) prijavo Svetu ECB; in (b) ob svoji migraciji v T2S poročilo o oceni.
The assessment report shall provide evidence that the CSD complies with the five CSD access criteria at the time of its migration to T2S, and state the degree of implementation of each CSD access criterion according to the following categories: compliant, partly compliant and not applicable, and shall set out the CSD’s reasons, explanations and relevant evidence.
Poročilo o oceni mora izkazovati, da CDD ob migraciji v T2S izpolnjuje pet pogojev za dostop CDD, navajati stopnjo izpolnjevanja vsakega pogoja za dostop CDD v skladu z naslednjimi kategorijami: skladno, delno skladno in ni relevantno ter vsebovati razloge, pojasnila in ustrezne dokaze CDD.
The T2S Programme Board shall submit a proposal to the Governing Council, based on the abovementioned documentation, on a CSD’s application to access T2S services.
Odbor za program T2S na podlagi zgoraj navedene dokumentacije predloži Svetu ECB predlog glede prijave CDD za dostop do storitev T2S.
To prepare its proposal, the T2S Programme Board may request clarifications from or submit questions to the applying CSD.
Odbor za program T2S lahko za potrebe priprave svojega predloga zahteva pojasnila od CDD, ki se prijavlja, ali ji postavi vprašanja.
Following submission of the proposal by the T2S Programme Board, the Governing Council shall make a decision on a CSD’s application and communicate it in writing to that CSD no later than 2 months following: (a) the date of receipt of the application; or (b) the date of receipt of the reply to any request for clarifications or submission of questions by the T2S Programme Board under paragraph 3.
Potem, ko Odbor za program T2S posreduje predlog Svetu ECB, ta sprejme odločitev o prijavi CDD in o njej pisno obvesti to CDD najkasneje v dveh mesecih od: (a) datuma prejema prijave; ali (b) datuma prejema odgovora na kakršno koli zahtevo za pojasnila ali postavljena vprašanja Odbora za program T2S na podlagi odstavka 3.
Where the Governing Council rejects an application, it shall give reasons for doing so.
Kadar Svet ECB zavrne prijavo, mora to odločitev obrazložiti.
Procedure for obtaining a derogation from CSD access criterion 5
Postopek za odobritev odstopanja od pogoja 5 za dostop CDD
A CSD may submit a request for a derogation from CSD access criterion 5 based on its specific operational or technical situation.
CDD lahko vloži zahtevo za odstopanje od pogoja 5 za dostop CDD zaradi svojih posebnih operativnih ali tehničnih okoliščin.
For a derogation request to be assessed, the CSD shall submit a request to the T2S Programme Board and provide evidence of the following:
Da bi se o zahtevi za odstopanje presojalo, jo mora CDD vložiti pri Odboru za program T2S in mu predložiti dokazila o tem:
the derogation is for a very limited amount of settlement volume as a proportion of the total average daily delivery-versus-payment instructions received over a month at the CSD, and the cost of settling these operations in T2S would be excessive for the CSD;
da gre za odstopanje za zelo omejen obseg poravnav glede na njihov delež v povprečnem dnevnem obsegu vseh navodil po načelu dostava proti plačilu, ki jih CDD prejme na mesečni ravni, in da bi bili stroški poravnave teh transakcij v T2S za CDD previsoki;
the CSD has set technical and operational safeguards ensuring that the derogation will remain within the threshold set out in point (a);
da je CDD vzpostavila tehnična in operativna varovala, ki zagotavljajo, da bo odstopanje ostalo v okviru omejitve iz točke (a);
the CSD has made every effort to meet CSD access criterion 5.
da si je CDD po najboljših močeh prizadevala, da bi izpolnila pogoj 5 za dostop CDD.
Following receipt of such request for a derogation:
Po prejemu takšne zahteve za odstopanje:
the T2S Programme Board shall submit the CSD’s request and its pre-assessment to the T2S Advisory Group;
Odbor za program T2S predloži zahtevo CDD in svojo predhodno oceno te zahteve Svetovalni skupini za T2S;
the T2S Advisory Group shall provide the T2S Programme Board with advice on the request without delay and in due time for it to be considered;
Svetovalna skupina za T2S poda Odboru za program T2S nasvet glede zahteve brez odlašanja in pravočasno, da se lahko upošteva;
following receipt of advice from the T2S Advisory Group, the T2S Programme Board shall prepare a final assessment and submit it, together with the entire set of documents, to the Governing Council;
po prejemu nasveta Svetovalne skupine za T2S Odbor za program T2S pripravi končno oceno in jo skupaj z vsemi dokumenti predloži Svetu ECB;
the Governing Council shall issue a reasoned decision on the request for a derogation;
Svet ECB izda obrazloženo odločitev o zahtevi za odstopanje;
the T2S Programme Board shall inform the CSD and the T2S Advisory Group in writing of the Governing Council’s reasoned decision.
Odbor za program T2S pisno obvesti CDD in Svetovalno skupino za T2S o obrazloženi odločitvi Sveta ECB.
A CSD designated by a CB that has signed a CPA and has opted for settlement of its monetary policy transactions in central bank money outside T2S, shall submit a request for a derogation in order to be able to settle such monetary policy transactions in central bank money outside T2S.
CDD, ki jo določi CB, ki je podpisala sporazum o udeležbi valute in se je odločila za poravnavo svojih transakcij denarne politike v centralnobančnem denarju zunaj T2S, vloži zahtevo za odstopanje, da bi lahko poravnavala takšne transakcije denarne politike v centralnobančnem denarju zunaj T2S.
In such case, a derogation shall be granted provided that: (a) the Eurosystem has received all relevant information on the technical functioning of such settlement; and (b) such settlement does not require changes to or negatively affect T2S functionality.
V tem primeru se odstopanje odobri, če: (a) je Eurosistem prejel vse potrebne informacije o tehničnem delovanju takšne poravnave; in (b) zaradi takšne poravnave niso potrebne spremembe funkcionalnosti T2S niti nanjo ni negativnega vpliva.
The designating CB should be invited to provide its opinion on such request for a derogation.
Centralni banki, ki je določila CDD, je treba dati možnost, da o takšni zahtevi za odstopanje poda mnenje.
A CSD with a derogation shall provide a monthly report to the T2S Programme Board proving that it continues to comply with the derogation, including the agreed threshold set out in paragraph 2(a).
CDD z odstopanjem zagotavlja Odboru za program T2S mesečna poročila, s katerimi dokazuje, da še vedno izpolnjuje pogoje za odstopanje, vključno z dogovorjeno omejitvijo iz odstavka 2(a).
A CSD with a derogation pursuant to paragraph 4 shall provide a monthly report to the T2S Programme Board on the situation.
CDD z odstopanjem na podlagi odstavka 4 zagotavlja Odboru za program T2S mesečna poročila o stanju.
Where a CSD with a derogation consistently exceeds the agreed threshold set out in paragraph 2(a) within a 6-month period, the Governing Council shall withdraw the derogation due to non-compliance with CSD access criterion 5 and the T2S Programme Board shall notify the CSD accordingly.
Če CDD z odstopanjem v šestmesečnem obdobju vztrajno prekoračuje dogovorjeno omejitev iz odstavka 2(a), Svet ECB prekliče odstopanje zaradi neizpolnjevanja pogoja 5 za dostop CDD in Odbor za program T2S o tem obvesti CDD.
Following the withdrawal of a derogation, a CSD may submit a new request for a derogation in accordance with the procedure laid down in this Article.
Po preklicu odstopanja lahko CDD vloži novo zahtevo za odstopanje v skladu s postopkom, določenim v tem členu.
Where there is a crisis situation that could impact the financial stability of a country or the relevant CB’s task to safeguard the integrity of its currency and has led the CB of the country concerned to move to a contingency type settlement as part of its crisis management plan, a CSD designated by that CB shall submit a request to the T2S Programme Board for a temporary derogation from CSD access criterion 5, and may temporarily carry out settlement by other means.
V primeru krizne situacije, ki bi lahko vplivala na finančno stabilnost države ali na nalogo zadevne CB, da varuje integriteto svoje valute, in zaradi katere je CB zadevne države prešla na način poravnave v izrednih razmerah kot del njenega načrta kriznega upravljanja, CDD, ki jo določi ta CB, vloži pri Odboru za program T2S zahtevo za začasno odstopanje od pogoja 5 za dostop CDD in lahko začasno izvaja poravnavo na drugačen način.
The Governing Council shall issue a reasoned decision on such request taking into account the relevant CB’s opinion on the situation warranting the temporary derogation from CSD access criterion 5.
Svet ECB izda o takšni zahtevi obrazloženo odločitev, pri čemer upošteva mnenje zadevne CB o situaciji, ki upravičuje začasno odstopanje od pogoja 5 za dostop CDD.
The relevant CB shall provide the T2S Programme Board with a report, at least on a monthly basis, on its evaluation of the situation.
Zadevna CB najmanj enkrat mesečno poroča Odboru za program T2S o svoji oceni stanja.
Ongoing compliance with the five CSD access criteria
Stalno izpolnjevanje petih pogojev za dostop CDD
A CSD with access to T2S services shall comply, after it has migrated to T2S, with the five CSD access criteria on an ongoing basis and shall:
CDD, ki ima dostop do storitev T2S, mora po migraciji v T2S stalno izpolnjevati pet pogojev za dostop in pri tem:
ensure, in particular, through a reliable self-assessment conducted each year and supported by relevant documentation that it continues to comply with CSD access criteria 1, 3, 4 and 5.
zlasti prek zanesljive samoocene, ki jo izvede vsako leto in podkrepi z ustrezno dokumentacijo, zagotavljati, da še vedno izpolnjuje pogoje 1, 3, 4 in 5 za dostop CDD.
The self-assessment shall be accompanied by the most recent assessment by the relevant competent authorities of the CSD’s compliance with criterion 2;
Samooceni mora biti priložena zadnja ocena ustreznih pristojnih organov glede skladnosti CDD s pogojem 2;
promptly provide the T2S Programme Board with the most recent regular or ad hoc assessment by the relevant competent authorities of its compliance with CSD access criterion 2;
Odboru za program T2S brez odlašanja zagotoviti zadnjo redno ali priložnostno oceno ustreznih pristojnih organov glede njene skladnosti s pogojem 2 za dostop CDD;
request a new assessment by the relevant competent authorities of its compliance with CSD access criterion 2 in the event of material changes to the CSD’s system;
v primeru bistvenih sprememb v svojem sistemu od ustreznih pristojnih organov zahtevati novo oceno svoje skladnosti s pogojem 2 za dostop CDD;
notify the T2S Programme Board where a relevant competent authority assessment or a self-assessment has established non-compliance with any of the five CSD access criteria;
obvestiti Odbor za program T2S, kadar je v oceni ustreznega pristojnega organa ali samooceni ugotovljeno neizpolnjevanje katerega koli od petih pogojev za dostop CDD;
following a request from the T2S Programme Board, provide an assessment report demonstrating that the CSD still complies with the five CSD access criteria.
na zahtevo Odbora za program T2S zagotoviti poročilo o oceni, ki izkazuje, da CDD še vedno izpolnjuje pet pogojev za dostop CDD.
With the exception of CSD access criterion 2, the T2S Programme Board may carry out its own evaluation and monitor compliance with the five CSD access criteria or request information from a CSD.
Odbor za program T2S lahko izvede lastno oceno in spremlja skladnost s petimi pogoji za dostop CDD ali zahteva informacije od CDD, razen glede pogoja 2 za dostop CDD.
Where the T2S Programme Board decides that a CSD does not comply with one of the five CSD access criteria, it shall initiate the procedure laid down in the contracts with the CSDs pursuant to Article 16 of Guideline ECB/2010/2.
Kadar Odbor za program T2S presodi, da CDD ne izpolnjuje katerega od petih pogojev za dostop CDD, sproži postopek, določen v pogodbah s CDD na podlagi člena 16 Smernice ECB/2010/2.
Done at Frankfurt am Main, 16 November 2011.
V Frankfurtu na Majni, 16. novembra 2011
OJ L 118, 12.5.2010, p. 65.
UL L 118, 12.5.2010, str. 65.
Available on the European Securities and Markets Authority’s website at: www.esma.europa.eu
Dostopno na spletni strani Evropskega organa za vrednostne papirje in trge na naslovu www.esma.europa.eu.
DETAILED IMPLEMENTATION RULES FOR THE FIVE CENTRAL SECURITIES DEPOSITARY ACCESS CRITERIA
PODROBNA PRAVILA IZVAJANJA PETIH POGOJEV ZA DOSTOP CENTRALNIH DEPOTNIH DRUŽB
‘basic custody services’ means the holding and administration of securities and other financial instruments owned by a third party by an entity entrusted with such tasks.
»osnovne skrbniške storitve« pomenijo vodenje in upravljanje vrednostnih papirjev in drugih finančnih instrumentov, katerih imetniki so tretje osebe, s strani subjekta, ki je pooblaščen za te naloge.
Such services include the safekeeping of securities, the distribution of interest and dividends on the securities in safekeeping and the processing of corporate actions on such securities,
Te storitve vključujejo hrambo vrednostnih papirjev, razdeljevanje obresti in dividend od vrednostnih papirjev v hrambi ter obdelavo korporacijskih dejanj v zvezi s temi vrednostnimi papirji;
‘investor CSD’ means, in the context of central securities depositary (CSD) links, a CSD that opens an account in another CSD (the issuer CSD) to enable the cross-CSD settlement of securities transactions,
»CDD vlagateljica« pri povezavah med centralnimi depotnimi družbami (CDD) pomeni CDD, ki odpre račun pri drugi CDD (CDD izdajateljici), da omogoči poravnavo transakcij z vrednostnimi papirji med CDD;
‘issuer CSD’ means the CSD in which the securities have been issued and distributed on behalf of the issuer.
»CDD izdajateljica« pomeni CDD, pri kateri so bili vrednostni papirji izdani in razdeljeni v imenu izdajatelja.
The issuer CSD is responsible for processing corporate actions in the name of the issuer.
CDD izdajateljica je odgovorna za obdelavo korporacijskih dejanj v imenu izdajatelja.
The issuer CSD maintains accounts in its books in the name of investor CSDs for the transfer of securities to the investor CSDs,
CDD izdajateljica v svojih evidencah vodi račune v imenu CDD vlagateljic za prenos vrednostnih papirjev CDD vlagateljicam;
‘technical issuer CSD’ means an investor CSD that holds securities with an issuer CSD not participating in T2S and is considered an issuer CSD for the functioning of T2S with respect to such securities,
»CDD tehnična izdajateljica« pomeni CDD vlagateljico, ki ima vrednostne papirje pri CDD izdajateljici, ki ne sodeluje v T2S, in se za potrebe delovanja T2S v zvezi s temi vrednostnimi papirji šteje za CDD izdajateljico;
‘investment fund shares’ means portions of ownership of an investment fund’s net assets that investors receive in return for their investments of capital.
»deleži v investicijskem skladu« pomenijo dele lastništva neto premoženja investicijskega sklada, ki jih vlagatelji prejmejo v zameno za svoj kapitalski vložek.
I. Implementation details for CSD access criterion 1
I. Podrobnosti izvajanja pogoja 1 za dostop CDD
In order to receive a positive assessment against this criterion:
Za prejem pozitivne ocene glede izpolnjevanja tega pogoja:
for a CSD located in a European Economic Area (EEA) country, the CSD must be included on the list of designated systems maintained in accordance with Article 10 of Directive 98/26/EC; and
mora biti v primeru CDD s sedežem v državi Evropskega gospodarskega prostora (EGP) ta CDD uvrščena na seznam določenih sistemov, ki se vodi v skladu s členom 10 Direktive 98/26/ES; in
for a CSD located in a non-EEA country, a legal opinion, as updated from time to time when there are material changes that might have an impact on the legal opinion or when requested by the T2S Programme Board, from a firm approved by the T2S Programme Board must be submitted, confirming that the CSD operates under a legal and regulatory framework equivalent to the relevant one in force in the Union.
je treba v primeru CDD s sedežem v državi zunaj EGP predložiti pravno mnenje, po potrebi posodobljeno v primeru bistvenih sprememb, ki bi lahko vplivale nanj, ali na zahtevo Odbora za program T2S, ki ga izda družba, ki jo odobri Odbor za program T2S, to mnenje pa mora potrjevati, da CDD deluje v pravnem in regulativnem okviru, ki je enakovreden okviru, veljavnemu v Uniji.
Implementation details for CSD access criterion 2
Podrobnosti izvajanja pogoja 2 za dostop CDD
Where a CSD does not fully comply with all ESCB/CESR recommendations, the respective CSD will inform the T2S Programme Board of the relevant details and provide explanations and evidence regarding those ECSB/CESR recommendations with which it does not comply.
Če CDD ne izpolnjuje v celoti priporočil ESCB/CESR, mora obvestiti Odbor za program T2S o ustreznih podrobnostih ter predložiti pojasnila in dokazila glede tistih priporočil ESCB/CESR, ki jih ne izpolnjuje.
The CSD will also provide the T2S Programme Board with the conclusions by the relevant competent authorities in the assessment report.
CDD predloži Odboru za program T2S tudi ugotovitve ustreznih pristojnih organov iz poročila o oceni.
The assessment conclusions will be processed in accordance with the relevant application procedures for access to T2S services and ongoing compliance with the five CSD access criteria.
Ugotovitve iz ocene bodo obravnavane v skladu z ustreznimi postopki prijave za dostop do storitev T2S in v okviru stalnega izpolnjevanja petih pogojev za dostop CDD.
Where a CSD with access to T2S services no longer complies with one of the five CSD access criteria, the T2S Programme Board will initiate the procedure provided for in the contracts with the CSDs.
Če CDD, ki ima dostop do storitev T2S, več ne izpolnjuje katerega od petih pogojev za dostop CDD, Odbor za program T2S sproži postopek, določen v pogodbah s CDD.
A CSD will fulfil this CSD access criterion where:
CDD izpolni ta pogoj za dostop CDD, če:
for a CSD located in an EEA country, the relevant competent authorities have given that CSD a positive assessment under the ESCB/CESR recommendations; and
so v primeru CDD s sedežem v državi EGP ustrezni pristojni organi tej CDD izdali pozitivno oceno glede izpolnjevanja priporočil ESCB/CESR; in
for a CSD located in a non-EEA country, the relevant competent authorities have given that CSD a positive assessment under the ESCB/CESR recommendations or equivalent standards, such as the proprietary standards of a relevant competent authority or the CPSS/IOSCO Recommendations [1].
so v primeru CDD s sedežem v državi zunaj EGP ustrezni pristojni organi tej CDD izdali pozitivno oceno glede izpolnjevanja priporočil ESCB/CESR ali enakovrednih standardov, kot so lastni standardi ustreznega pristojnega organa ali priporočila CPSS/IOSCO [1].
In the latter case, the T2S Programme Board or the Governing Council respectively must be provided with evidence that the CSD has been assessed against standards of a similar level and nature.
V slednjem primeru je treba Odboru za program T2S oziroma Svetu ECB predložiti dokazilo, da je bila CDD ocenjena po standardih podobne ravni in narave.
Where the relevant competent authorities’ assessment contains confidential information, the CSD must provide a general summary or the assessment conclusion to show its level of compliance.
Če ocena ustreznih pristojnih organov vsebuje zaupne informacije, mora CDD zagotoviti splošen povzetek ali ugotovitev iz ocene, da prikaže raven svoje skladnosti.
Implementation details for CSD access criterion 3
Podrobnosti izvajanja pogoja za dostop CDD 3
A CSD with access to T2S services is not required to hold all its accounts and balances in T2S for every security/ISIN it issues or for which it acts as technical issuer CSD.
Od CDD, ki ima dostop do storitev T2S, se ne zahteva, da za vsak vrednostni papir/ISIN, ki ga izdaja ali za katerega deluje kot CDD tehnična izdajateljica, vodi vse račune in vsa stanja v T2S.
However, it must make a security/ISIN available at no additional cost, without delay, and with a contract that does not impose unreasonable conditions on requests by the users of the investor CSD in T2S.
Mora pa dati vrednostni papir/ISIN na voljo brez dodatnih stroškov, brez odlašanja in po pogodbi, ki ne postavlja nerazumnih pogojev za zahteve uporabnikov CDD vlagateljice v T2S.