natgillin/translations-raw huggingface dataset:
To that end, as from the entry into force of the national laws, regulations and administrative provisions necessary to comply with this Directive and until the issuance of the opinion of ESMA referred to in point (a) of paragraph 1, the competent authorities of the Member States shall, quarterly, provide ESMA with information on the AIFMs that are managing and/or marketing AIFs under their supervision, either under the application of the passport regime provided for in this Directive or under their national regimes, and with information needed for the assessment of the elements referred to in paragraph 2.
V ta namen pristojni organi držav članic od začetka veljavnosti nacionalnih zakonov in drugih predpisov, ki so potrebni za skladnost s to direktivo, in dokler ESMA ne izda mnenja iz točke (a) odstavka 1, temu organu vsako četrtletje posredujejo informacije o UAIS, ki upravljajo in/ali tržijo AIS, ki jih ti pristojni organi nadzorujejo – bodisi po ureditvi za enotne licence iz te direktive bodisi po svoji nacionalni ureditvi – in informacije, potrebne za oceno elementov, določenih v odstavku 2.
Where ESMA considers that there are no significant obstacles regarding investor protection, market disruption, competition and the monitoring of systemic risk, impeding the application of the passport to the marketing of non-EU AIFs by EU AIFMs in the Member States and the management and/or marketing of AIFs by non-EU AIFMs in the Member States in accordance with the rules set out in Article 35 and Articles 37 to 41, it shall issue positive advice in this regard.
Če ESMA meni, da ni večjih ovir glede zaščite vlagateljev, motenj na trgu, konkurence in spremljanja sistemskega tveganja, zaradi katerih ne bi mogli izdati enotne licence EU UAIS, ki v državah članicah tržijo ne-EU AIS, in ne-EU UAIS, ki v državah članicah upravljajo in/ali tržijo AIS, v skladu s pravili iz člena 35 in členov 37 do 41, glede tega izda pozitiven nasvet.
The Commission shall adopt, by means of delegated acts in accordance with Article 56 and subject to the conditions of Articles 57 and 58, measures specifying the contents of the information to be provided pursuant to paragraph 2.
Komisija v skladu s členom 56 ter pod pogoji iz členov 57 in 58 z delegiranimi akti sprejme ukrepe, ki podrobneje opredeljujejo vsebino informacij, ki se morajo posredovati v skladu z odstavkom 2.
The Commission shall adopt a delegated act within 3 months after having received positive advice and an opinion from ESMA, and taking into account the criteria listed in paragraph 2 and the objectives of this Directive, such as those relating to the internal market, investor protection and the effective monitoring of systemic risk, in accordance with Article 56 and subject to the conditions of Articles 57 and 58, specifying the date when the rules set out in Article 35 and Articles 37 to 41 become applicable in all Member States.
Komisija sprejme delegirane akte v treh mesecih po tem, ko je prejela nasvete in mnenje ESMA ter ob upoštevanju meril iz odstavka 2 in ciljev te direktive, med drugim o notranjem trgu, zaščiti vlagateljev in učinkovitem spremljanju sistemskega tveganja, v skladu s členom 56 in pod pogoji iz členov 57 in 58, pri čemer določi datum, ko bodo pravila, določena v členu 35 in členih 37 do 41, začela veljati v vseh državah članicah.
If there is objection to the delegated act referred to in the first subparagraph in accordance with Article 58, the Commission shall re-adopt the delegated act pursuant to which the rules set out in Article 35 and Articles 37 to 41 shall become applicable in all Member States, in accordance with Article 56 and subject to the conditions of Articles 57 and 58, at a later stage which seems appropriate to it, taking into account the criteria listed in paragraph 2 and the objectives of this Directive, such as those relating to the internal market, investor protection and the effective monitoring of systemic risk.
Če se delegiranemu aktu iz prvega pododstavka nasprotuje v skladu s členom 58, Komisija kasneje, in sicer kadar Komisija meni, da je ustrezno, v skladu v členom 56 in pod pogoji iz členov 57 in 28 ponovno sprejme delegirani akt, po katerem začnejo v vseh državah članicah veljati pravila iz člena 35 in členov 37 do 41, pri čemer upošteva merila iz odstavka 2 in cilje te direktive, kot so cilji glede notranjega trga, varstva vlagateljev in učinkovitega spremljanja sistemskega tveganja.
If ESMA has not issued its advice within the time limit referred to in paragraph 1, the Commission shall request the advice to be provided within a new time limit.
Če ESMA ni izdal svojega nasveta v roku iz odstavka 1, Komisija zahteva, da poda nasvet v novem roku.
Delegated act on the termination of the application of Articles 36 and 42
Delegirani akt o prenehanju uporabe členov 36 in 42
3 years after the entry into force of the delegated act referred to in Article 67(6) pursuant to which the rules set out in Article 35 and Articles 37 to 41 have become applicable in all Member States, ESMA shall issue to the European Parliament, the Council and the Commission:
Tri leta po začetku veljavnosti delegiranega akta iz člena 67(6), po katerem se v vseh državah članicah začnejo uporabljati pravila iz člena 35 in členov 37 do 41, ESMA Evropskemu parlamentu, Svetu in Komisiji izda:
an opinion on the functioning of the passport for EU AIFMs marketing non-EU AIFs in the Union pursuant to Article 35 and for non-EU AIFMs managing and/or marketing AIFs in the Union pursuant to Articles 37 to 41, and on the functioning of the marketing of non-EU AIFs by EU AIFMs in the Member States and the management and/or marketing of AIFs by non-EU AIFMs in the Member States pursuant to the applicable national regimes as set out in Articles 36 and 42; and
mnenje o delovanju evropske enotne licence za evropske UAIS, ki upravljajo oziroma tržijo neevropske AIS v Uniji v skladu v členom 35, in neevropskih UAIS, ki upravljajo in/ali tržijo AIS v Uniji v skladu s členi 37 do 41, ter o delovanju tega, kako evropski UAIS tržijo neevropske AIS v državah članicah in neevropski UAIS upravljajo in/ali tržijo AIS v državah članicah v skladu z veljavnimi nacionalnimi ureditvami, kakor je določeno v členih 36 in 42, in
advice on the termination of the existence of the national regimes set out in Articles 36 and 42 in parallel with the existence of the passport in accordance with the rules set out in Article 35 and Articles 37 to 41.
nasvet o prenehanju obstoja nacionalnih ureditev, določenih v členih 36 in 42 poleg enotne licence v skladu s pravili iz člena 35 in členov 37 do 41.
ESMA shall base its opinion and advice on the termination of the existence of the national regimes set out in Articles 36 and 42 inter alia:
ESMA svoj nasvet in mnenje o prenehanju obstoja nacionalnih ureditev iz členov 36 in 42 oblikuje med drugim na podlagi:
as regards the functioning of the passport for EU AIFMs marketing non-EU AIFs in the Union and for non-EU AIFMs managing and/or marketing AIFs in the Union:
v zvezi z delovanjem enotne licence za EU UAIS, ki tržijo ne-EU AIS v Uniji ter za ne-EU UAIS, ki upravljajo in/ali tržijo AIS v Uniji:
the indication of the Member State of reference,
navedbo referenčne države članice,
the effective exercise by the competent authorities of their supervisory functions being prevented by the laws, regulations or administrative provisions of a third country governing AIFMs, or by limitations in the supervisory and investigatory powers of the third country supervisory authorities,
učinkovito izvedbo s strani pristojnih organov njihovih nadzornih funkcij, če jih pri tem ovirajo zakoni in drugi predpisi tretje države, ki ureja UAIS, ali omejitve glede nadzornih in preiskovalnih pooblastil nadzornih organov tretjih držav,
investor access in the Union,
dostopom vlagateljev v Uniji,
the impact on developing countries,
učinkom na države v razvoju,
the negotiation, conclusion, existence and effectiveness of the required cooperation arrangements;
pogajanj, sklepanja, obstoja in uspešnosti zahtevanih dogovorov o sodelovanju;
the effectiveness of the collection and sharing of information in relation to the monitoring of systemic risks by national competent authorities, ESMA and the ESRB;
uspešnosti pri zbiranju in izmenjavi informacij v zvezi s spremljanjem sistemskega tveganja s strani pristojnih nacionalnih organov, ESMA ter ESRB;
results of peer reviews referred to in Article 38;
ugotovitve medsebojnih pregledov iz člena 38;
existence and effectiveness of cooperation arrangements for the purpose of systemic risk oversight and in line with international standards between the competent authorities of the Member State where the AIFs are marketed, in so far as applicable, the competent authorities of the home Member State of the EU AIF concerned and the supervisory authorities of the third country where the non-EU AIFM is established and, in so far as applicable, the supervisory authorities of the third country where the non-EU AIF is established;
za zagotovitev nadzora sistemskega tveganja in v skladu z mednarodnimi standardi obstoja in uspešnosti dogovorov o sodelovanju med pristojnimi organi države članice, v kateri se AIS tržijo, kolikor je potrebno, pristojnimi organi matične države članice zadevnega EU AIS in nadzornimi organi tretje države, v kateri je ustanovljen ne-EU UAIS, po potrebi pa tudi z nadzornimi organi tretje države, v kateri je ustanovljen ne-EU AIS;
any features of a third country regulatory and supervisory framework which might prevent the effective exercise by the competent authorities of the Union of their supervisory functions under this Directive;
vse značilnosti regulativnega in nadzornega okvira tretje države, zaradi katerih bi lahko bilo pristojnim organom Unije onemogočeno učinkovito izvajanje njihovih nadzornih funkcij iz te direktive;
as regards the functioning of both systems, the potential market disruptions and distortions in competition (level playing field) and any potential negative effect on investor access or investment in or for the benefit of developing countries;
v zvezi z delovanjem obeh sistemov, možnih motenj na trgu in izkrivljanja konkurence (enaki pogoji), ter vseh možnih negativnih učinkov za dostop vlagateljev do naložb v državah v razvoju ali v njihovo korist;
a quantitative assessment identifying the number of third-country jurisdictions in which there is established an AIFM that is marketing an AIF in a Member State either under the application of the passport regime referred to in Article 40 or under the national regimes referred to in Article 42.
kvantitativne ocene z navedbo števila sodnih pristojnosti tretjih držav, v katerih je ustanovljen UAIS, ki trži AIS v državi članici, kjer se bodisi uporablja sistem enotne licence iz člena 40 bodisi nacionalne ureditve iz člena 42.
To that end, as from the entry into force of the delegated act referred to in Article 67(6) and until the issuance of the ESMA opinion referred to in point (a) of paragraph 1 of this Article, the competent authorities shall, quarterly, provide ESMA with information on the AIFMs that are managing and/or marketing AIFs under their supervision, either under the application of the passport regime provided for in this Directive, or under their national regimes.
V ta namen od začetka veljavnosti delegiranega akta iz člena 67(6) in dokler ESMA ne izda mnenja iz točke (a) odstavka 1, pristojni organi ESMA vsako četrtletje posredujejo informacije o UAIS, ki upravljajo in/ali tržijo AIS, pod njihovim nadzorom bodisi na podlagi uporabe ureditve z enotno licenco iz te direktive bodisi na podlagi njihovih nacionalnih ureditev.
If ESMA considers that there are no significant obstacles regarding investor protection, market disruption, competition or the monitoring of systemic risk, impeding the termination of the national regimes pursuant to Articles 36 and 42 and making the passport for the marketing of non-EU AIFs by EU AIFMs in the Union and the management and/or marketing of AIFs by non-EU AIFM in the Union in accordance with the rules set out in Article 35 and Articles 37 to 41 the sole possible regime for such activities by the relevant AIFMs in the Union, it shall issue positive advice in this regard.
Če ESMA meni, da ni večjih ovir glede varstva vlagateljev, motenj na trgu, konkurence in spremljanja sistemskega tveganja, zaradi katerih nacionalne ureditve iz členov 36 in 42 ne bi mogle prenehati veljati, in da bi kot edino možno ureditev za tovrstne dejavnosti zadevnih UAIS v Uniji ohranili enotno licenco za EU UAIS, ki v Uniji tržijo ne-EU AIS, in ne-EU UAIS, ki v Uniji upravljajo in/ali tržijo AIS, v skladu s pravili iz člena 35 in členov 37 do 41, glede tega izda pozitiven nasvet.
The Commission shall adopt a delegated act within 3 months after having received positive advice and an opinion from ESMA and taking into account the criteria listed in paragraph 2 and the objectives of this Directive, such as those relating to the internal market, investor protection and the effective monitoring of systemic risk, in accordance with Article 56 and subject to the conditions of Articles 57 and 58, specifying the date when the national regimes set out in Articles 36 and 42 are to be terminated and the passport regime provided for in Article 35 and Articles 37 to 41 shall become the sole and mandatory regime applicable in all Member States.
Komisija sprejme delegirane akte v treh mesecih po tem, ko je prejela pozitiven nasvet in mnenje ESMA ter ob upoštevanju meril iz odstavka 2 in ciljev te direktive, med drugim o notranjem trgu, varstvu vlagateljev in učinkovitem spremljanju sistemskega tveganja, v skladu s členom 56 in pod pogoji iz členov 57 in 58, pri čemer določi datum, ko bodo prenehale veljati nacionalne ureditve iz členov 36 in 42 ter bo začela veljati ureditev z enotno licenco iz člena 35 in členov 37 do 41, kot edina in obvezna ureditev, veljavna v vseh državah članicah.
If there is objection to the delegated act referred to in the first subparagraph in accordance with Article 58, the Commission shall re-adopt the delegated act pursuant to which the national regimes set out in Articles 36 and 42 are to be terminated and the passport regime provided for in Article 35 and Articles 37 to 41 shall become the sole and mandatory regime applicable in all Member States, in accordance with Article 56 and subject to the conditions of Articles 57 and 58, at a later stage which seems appropriate to it, taking into account the criteria listed in paragraph 2 and the objectives of this Directive, such as those relating to the internal market, investor protection and the effective monitoring of systemic risk.
Če se zoper delegirani akt iz prvega pododstavka ugovarja v skladu s členom 58, Komisija pozneje, in sicer kadar se Komisiji zdi ustrezno, v skladu v členom 56 in pod pogoji iz členov 57 in 58 ponovno sprejme delegirani akt, na podlagi katerega nacionalne ureditve iz členov 36 in 42 prenehajo veljati in začne v vseh državah članicah kot edina in obvezna veljati ureditev z enotno licenco iz člena 35 in členov 37 do 41, pri čemer upošteva merila iz odstavka 2 in cilje te direktive, kot so cilji glede notranjega trga, varstva vlagateljev in učinkovitega spremljanja sistemskega tveganja.
By 22 July 2017, the Commission shall, on the basis of public consultation and in the light of the discussions with competent authorities, start a review on the application and the scope of this Directive.
Komisija do 22. julija 2017 na podlagi javnega posvetovanja in upoštevaje razprave s pristojnimi organi pregleda uporabo in področje uporabe te direktive.
That review shall analyse the experience acquired in applying this Directive, its impact on investors, AIFs or AIFMs, in the Union and in third countries, and the degree to which the objectives of this Directive have been achieved.
Pri pregledu analizira pridobljene izkušnje pri uporabi te direktive, njen vpliv na vlagatelje, AIS ali UAIS tako v Uniji kot v tretjih državah, ter v kolikšni meri so doseženi cilji direktive.
The Commission shall, if necessary, propose appropriate amendments.
Komisija po potrebi predlaga ustrezne spremembe.
The review shall include a general survey of the functioning of the rules in this Directive and the experience acquired in applying them, including:
Pregled zajema splošni pregled o delovanju pravil te direktive ter izkušnje, pridobljene z njihovo uporabo, med drugim:
the marketing by EU AIFMs of non-EU AIFs in the Member States taking place through national regimes;
kako EU UAIS tržijo ne-EU AIS v državah članicah prek nacionalnih ureditev;
the marketing of AIFs in the Member States by non-EU AIFMs taking place through national regimes;
kako ne-EU UAIS tržijo AIS v državah članicah prek nacionalnih ureditev;
the management and marketing of AIFs in the Union by AIFMs authorised in accordance with this Directive taking place through the passport regime provided for in this Directive;
kako UAIS z dovoljenjem v skladu s to direktivo upravljajo in tržijo AIS v Uniji prek ureditve z enotno licenco, opredeljene s to direktivo;
the marketing of AIFs in the Union by or on behalf of persons or entities other than AIFMs;
kako s strani oziroma v imenu oseb ali subjektov, ki niso UAIS, tržijo AIS v Uniji;
the investment into AIFs by or on behalf of European professional investors;
kako v AIS vlagajo evropski profesionalni vlagatelji, oziroma kako se vanje vlaga v njihovem imenu;
the impact of the depositary rules set out in Article 21 on the depositary market in the Union;
vpliv pravil o depozitarjih iz člena 21 o trgu depozitarjev v Uniji;
the impact of the transparency and reporting requirements set out in Articles 22 to 24, 28 and 29 on the assessment of systemic risk;
vpliv zahtev o preglednosti in poročanju iz členov 22 do 24, 28 in 29 o oceni sistemskega tveganja;
the potential adverse impact on retail investors;
morebitne škodljive posledice za male vlagatelje;
the impact of this Directive on the operation and viability of the private equity and venture capital funds;
vpliv te direktive na delovanje in zdržnost skladov zasebnega in tveganega kapitala;
the impact of this Directive on the investor access in the Union;
vpliv te direktive na dostop vlagateljev v Uniji;
the impact of this Directive on investment in or for the benefit of developing countries;
vpliv te direktive na naložbe v državah v razvoju ali v njihovo korist;
the impact of this Directive on the protection of non-listed companies or issuers provided by Articles 26 to 30 of this Directive and on the level playing field between AIFs and other investors after the acquisition of major holdings in or control over such non-listed companies or issuers.
vpliv te direktive na zaščito podjetij, ki ne kotirajo na borzi, ali izdajateljev, kot je določeno v členih 26 do 30 te direktive, in na enake pogoje med AIS in drugimi vlagatelji po pridobitvi pomembnega lastniškega deleža v ali obvladovanju takih podjetij, ki ne kotirajo na borzi, ali izdajateljev.
When reviewing marketing and/or management of AIFs referred to in points (a), (b) and (c) of the first subparagraph, the Commission shall analyse the appropriateness of entrusting ESMA with further supervisory responsibilities in this area.
Komisija pri pregledu trženja in/ali upravljanja AIS iz točk (a), (b) in (c) prvega pododstavka analizira, ali bi bilo ESMA ustrezno podeliti večje nadzorne pristojnosti za to področje.
For the purposes of the review referred to in paragraph 1, Member States shall provide the Commission annually with information on the AIFMs that are managing and/or marketing AIFs under their supervision, either under the passport regime provided for in this Directive, or under their national regimes, with an indication of the date on which the passport regime has been transposed and, if relevant, applied, in their jurisdiction.
Za namene pregleda iz odstavka 1 države članice Komisiji letno posredujejo informacije o UAIS, ki upravljajo in/ali tržijo AIS, ki so pod nadzorom držav članic, bodisi po ureditvi enotne licence iz te direktive bodisi po svojih nacionalnih ureditvah, pri tem pa navedejo datum prenosa ureditve z enotno licenco, in po potrebi, uporabe v njihovi sodni pristojnosti.
ESMA shall provide the Commission with information on all the non-EU AIFMs that have been authorised or have requested authorisation in accordance with Article 37.
ESMA posreduje Komisiji informacije o vseh ne-EU UAIS, ki jim je bilo v skladu s členom 37 podeljeno dovoljenje ali so zanj zaprosili.
The information referred to in the first and second subparagraphs shall include:
Informacije iz prvega in drugega pododstavka zajemajo:
information on where the AIFMs concerned are established;
informacije o kraju ustanovitve zadevnih UAIS;
if applicable, identification of the EU AIFs managed and/or marketed by them;
po potrebi istovetnost EU AIS, ki jih upravljajo in/ali tržijo;
if applicable, identification of the non-EU AIFs managed by EU AIFMs but not marketed in the Union;
po potrebi istovetnost ne-EU AIS, ki jih EU UAIS upravljajo, vendar jih ne trži v Uniji;
if applicable, identification of the non-EU AIFs marketed in the Union;
po potrebi istovetnost ne-EU AIS, ki se tržijo v Uniji;
information on the applicable regime, whether national or Union, under which the relevant AIFMs are performing their activities; and
informacije o veljavni ureditvi, bodisi nacionalni ali Unije, ki jo zadevni UAIS uporabljajo pri svojem delovanju, in
any other information relevant to the understanding of how the management and the marketing of AIFs by AIFMs in the Union operates in practice.
kakršne koli druge informacije, pomembne za razumevanje, kako UAIS v praksi upravljajo in tržijo AIS v Uniji.
The review referred to in paragraph 1 shall take due account of developments at international level and discussions with third countries and international organisations.
Pri pregledu iz odstavka 1 je treba ustrezno upoštevati razvoj na mednarodni ravni ter razprave s tretjimi državami in mednarodnimi organizacijami.
After finalising its review, the Commission shall, without undue delay, submit a report to the European Parliament and the Council.
Po dokončanju pregleda Komisija nemudoma posreduje poročilo Evropskemu parlamentu in Svetu.
If appropriate, the Commission shall make proposals, including amendments to this Directive, taking into account the objectives of this Directive and its effects on investor protection, market disruption and competition, the monitoring of systemic risk and potential impacts on investors, AIFs or AIFMs in the Union and in third countries.
Po potrebi Komisija oblikuje predloge, ki lahko vključujejo spremembe te direktive, in pri tem upošteva cilje direktive, njene učinke na varstvo vlagateljev, motnje na trgu, izkrivljanje konkurence, spremljanje sistemskega tveganja in morebitne posledice za vlagatelje, AIS ali UAIS, tako v Uniji kot v tretjih državah.
Done at Strasbourg, 8 June 2011.
V Strasbourgu, 8. junija 2011
OJ C 272, 13.11.2009, p. 1.
UL C 272, 13.11.2009, str. 1.
OJ C 18, 19.1.2011, p. 90.
UL C 18, 19.1.2011, str. 90.
Position of the European Parliament of 11 November 2010 (not yet published in the Official Journal) and decision of the Council of 27 May 2011.
Stališče Evropskega parlamenta z dne 11. novembra 2010 (še ni objavljeno v Uradnem listu) in odločitev Sveta z dne 27. maja 2011.
OJ L 331, 15.12.2010, p. 1.
UL L 331, 15.12.2010, str. 1.
OJ L 177, 30.6.2006, p. 201.
UL L 177, 30.6.2006. str. 201.
Directive 2000/12/EC of the European Parliament and of the Council of 20 March 2000 relating to the taking-up and pursuit of the business of credit institutions (OJ L 126, 26.5.2000, p. 1).
Direktiva 2000/12/ES Evropskega parlamenta in Sveta z dne 20. marca 2000 o začetku opravljanja in opravljanju dejavnosti kreditnih institucij (UL L 126, 26.5.2000, str. 1).
Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers (OJ L 174, 1.7.2011, p. 1).’;
Direktiva 2011/61/EU Evropskega parlamenta in Sveta z dne 8. junija 2011 o upraviteljih alternativnih investicijskih skladov (UL L 174, 1.7.2011, str. 1).“;
OJ L 174, 1.7.2011, p. 1.’.
UL L 174, 1.7.2011, str. 1.“.
Investment management functions which an AIFM shall at least perform when managing an AIF:
Naloge upravljanja naložb, ki jih UAIS opravlja pri upravljanju AIS: