natgillin/translations-raw huggingface dataset:
bilateral contracts for novation between an institution and its counterparty under which mutual claims and obligations are automatically amalgamated in such a way that the novation fixes one single net amount each time it applies so as to create a single new contract that replaces all former contracts and all obligations between parties pursuant to those contracts and is binding on the parties;
dvostranske pogodbe o novaciji med institucijo in njeno nasprotno stranko, v kateri so medsebojne terjatve in obveznosti avtomatično združene, tako da ob vsaki uporabi novacije, nastane en sam neto znesek, s čimernastane ena sama nova pogodba, ki nadomesti vse prejšnje pogodbe in vse obveznosti med strankami v skladu s temi pogodbami, ter je za stranke zavezujoča;
other bilateral agreements between an institution and its counterparty;
druge dvostranske pogodbe med institucijo in njeno nasprotno stranko;
contractual cross-product netting agreements for institutions that have received the approval to use the method set out in Section 6 for transactions falling under the scope of that method.
pogodbe o pobotu med različnimi kategorijami produktov za institucije, ki jim je bila odobrena uporaba metode iz oddelka 6, za posle, za katera se metoda uporablja.
Competent authorities shall report to EBA a list of the contractual cross-product netting agreements approved.
Pristojni organi sporočijo EBA seznam odobrenih pogodb o pobotu med različnimi kategorijami produktov.
Netting across transactions entered into by different legal entities of a group shall not be recognised for the purposes of calculating the own funds requirements.
Pobot med posli, ki jih sklenejo različni pravni subjekti skupine, se za namene izračuna kapitalskih zahtevne priznava.
Recognition of contractual netting agreements
Priznanje pogodbenih sporazumov o pobotu
Competent authorities shall recognise a contractual netting agreement only where the conditions in paragraph 2 and, where relevant, 3 are fulfilled.
Pristojni organi priznajo pogodboo pobotu samo, če so izpolnjeni pogoji iz odstavka 2 in, kjer je ustrezno, iz odstavka 3.
The following conditions shall be fulfilled by all contractual netting agreements used by an institution for the purposes of determining exposure value in this Part:
Vse pogodbe o pobotu, ki jih uporablja institucija za namene določanja vrednosti izpostavljenosti v tem delu, izpolnjujejo naslednje pogoje:
the institution has concluded a contractual netting agreement with its counterparty which creates a single legal obligation, covering all included transactions, such that, in the event of default by the counterparty it would be entitled to receive or obliged to pay only the net sum of the positive and negative mark-to-market values of included individual transactions;
institucija je s svojo nasprotno stranko sklenila pogodbo o pobotu, s katero se vzpostavi ena pravna obveznost, ki zajema vse vključene posle, tako da je v primeru neplačila nasprotne stranke upravičena do prejetja ali zavezana k plačilu samo neto vsote pozitivne in negativnetekoče tržne vrednosti vključenih posameznih poslov;
the institution has made available to the competent authorities written and reasoned legal opinions to the effect that, in the event of a legal challenge of the netting agreement, the institution's claims and obligations would not exceed those referred to in point (a).
institucija je pristojnim organom predložila pisna in obrazložena pravna mnenja, da kljub pravnemu izpodbijanju pogodbe o pobotu terjatve in obveznosti institucije ne bi presegle tistih iz točke (a).
The legal opinion shall refer to the applicable law:
Pravno mnenje se nanaša na pravo, ki se uporablja v:
the jurisdiction in which the counterparty is incorporated;
jurisdikciji, vkateri ima nasprotna stranka sedež;
if a branch of an undertaking is involved, which is located in a country other than that where the undertaking is incorporated, the jurisdiction in which the branch is located;
če je udeležena podružnica družbe, ki se nahaja v državi, ki ni tista, v kateriima družba sedež, jurisdikciji, v kateri se nahaja podružnica;
the jurisdiction whose law governs the individual transactions included in the netting agreement;
jurisdikciji, katere zakoni urejajo posamezne posle, vključene v pogodbo o pobotu;
the jurisdiction whose law governs any contract or agreement necessary to effect the contractual netting;
jurisdikciji, katere zakoni urejajo katero koli pogodbo ali dogovor, ki je potreben za učinkovanje pogodb o pobotu;
credit risk to each counterparty is aggregated to arrive at a single legal exposure across transactions with each counterparty.
kreditno tveganje do vsake nasprotne stranke se sešteje, da se vzpostavi ena pravno zavezujoča izpostavljenost za vse posle, z vsako nasprotno stranko.
This aggregation shall be factored into credit limit purposes and internal capital purposes;
Ta seštevek se vključi v kreditne limite in izračun notranjega kapitala;
the contract shall not contain any clause which, in the event of default of a counterparty, permits a non-defaulting counterparty to make limited payments only, or no payments at all, to the estate of the defaulting party, even if the defaulting party is a net creditor (i.e. walk away clause).
pogodba ne vsebuje nobene klavzule, ki v primeru neplačila stranke dovoljuje nasprotni stranki, ki ni neplačnik, da plačuje samo omejene zneske ali sploh ne plačuje v korist stranke, ki je neplačnik, čeprav je ta neto upnik (tj. klavzule o opustitvi).
If any of the competent authorities are not satisfied that the contractual netting is legally valid and enforceable under the law of each of the jurisdictions referred to in point (b) the contractual netting agreement shall not be recognised as risk-reducing for either of the counterparties.
Če se kateremu koli pristojnemu organu ne dokaže, da so pogodbe o pobotu pravno veljavne in izvršljive v skladu z zakonodajo vsake posamezne jurisdikcije iz točke (b), se pogodbeni pobotne prizna, za zmanjševanje tveganja za katero koli nasprotno stranko.
Competent authorities shall inform each other accordingly.
Pristojni organi se o tem med sabo obveščajo.
The legal opinions referred to in point (b) may be drawn up by reference to types of contractual netting.
Pravna mnenja iz točke (b) se lahko pripravijo glede na vrste pogodbenega pobota.
The following additional conditions shall be fulfilled by contractual cross-product netting agreements:
Pogodbe o pobotu med različnimi kategorijami produktov izpolnjujejo naslednje dodatne pogoje:
the net sum referred to in point (a) of paragraph 2 is the net sum of the positive and negative close out values of any included individual bilateral master agreement and of the positive and negative mark-to-market value of the individual transactions (the 'Cross-Product Net Amount');
neto vsota iz točke (a) odstavka 2 je neto vsota pozitivnih in negativnih končnih vrednosti vseh vključenih posameznih dvostranskih okvirnih pogodb ter pozitivnih in negativnih tekočih tržnih vrednosti posameznih poslov, ("neto znesek med različnimi kategorijami produktov");
the legal opinions referred to in point (b) of paragraph 2 shall address the validity and enforceability of the entire contractual cross-product netting agreement under its terms and the impact of the netting arrangement on the material provisions of any included individual bilateral master agreement.
pravna mnenja iz točke (b) odstavka 2 obravnavajo veljavnost in izvršljivost celotne pogodbe o pobotu med različnimi kategorijami proizvodov v skladu s pogoji pogodbe, kakor tudi vpliv sporazuma o pobotu na pomembne določbe vseh vključenih posameznih dvostranskih okvirnih pogodb.
Obligations of institutions
Obveznosti institucij
An institution shall establish and maintain procedures to ensure that the legal validity and enforceability of its contractual netting is reviewed in the light of changes in the law of relevant jurisdictions referred to in Article 296(2)(b).
Institucija uvede in vzdržuje postopke za zagotavljanje pregleda pravne veljavnosti in izvršljivosti pogodb o pobotu, in sicer glede na spremembe v zakonodaji zadevnih jurisdikcij iz člena 296(2)(b).
The institution shall maintain all required documentation relating to its contractual netting in its files.
Institucija hrani vso zahtevano dokumentacijo v zvezi s pogodbami o pobotu v svojih evidencah.
The institution shall factor the effects of netting into its measurement of each counterparty's aggregate credit risk exposure and the institution shall manage its CCR on the basis of those effects of that measurement.
Institucija upošteva učinke pobota pri ugotavljanju skupne izpostavljenosti kreditnemu tveganju posamezne nasprotne stranke, pri čemer institucija upravlja svoje CCR na podlagi teh učinkov.
In the case of contractual cross-product netting agreements referred to in Article 295, the institution shall maintain procedures under Article 296(2)(c) to verify that any transaction which is to be included in a netting set is covered by a legal opinion referred to in Article 296(2)(b).
Institucija v primeru pogodbo pobotu med različnimi kategorijami produktov iz člena 295 vzdržuje postopke iz člena 296(2)(c), da bi preverila, ali pravno mnenje iz člena 296(2)(b) zajema vse posle, ki morajo biti vključeni v niz pobotov.
Taking into account the contractual cross-product netting agreement, the institution shall continue to comply with the requirements for the recognition of bilateral netting and the requirements of Chapter 4 for the recognition of credit risk mitigation, as applicable, with respect to each included individual bilateral master agreement and transaction.
Ob upoštevanju pogodbenega pobota med različnimi kategorijami produktov institucija še naprej izpolnjuje zahteve za priznanje dvostranskega pobota in po potrebi tudi zahteve iz poglavja 4 za priznanje zmanjšanja kreditnega tveganja v zvezi z vsako posamezno vključeno dvostransko okvirno pogodbo in poslom.
Effects of recognition of netting as risk-reducing
Učinki priznanja pobota kot dejavnika, ki zmanjšuje tveganje
The following treatment applies to contractual netting agreements:
Za pogodbe o pobotu se uporablja naslednje:
netting for the purposes of Sections 5 and 6 shall be recognised as set out in those Sections;
pobot za namene oddelkov 5 in 6 se priznava tako, kot je navedeno v teh oddelkih;
in the case of contracts for novation, the single net amounts fixed by such contracts rather than the gross amounts involved, may be weighted.
v primeru pogodb o novaciji se lahko tehtajo posamezni neto zneski, ki jih določajo takšne pogodbe, ne pa vključeni bruto zneski.
In the application of Section 3, institutions may take the contract for novation into account when determining:
Pri uporabi oddelka 3 lahko institucije upoštevajo pogodbo o novaciji, ko določajo:
the current replacement cost referred to in Article 274(1);
tekoče nadomestitvene stroške iz člena 274(1);
the notional principal amounts or underlying values referred to in Article 274(2).
hipotetične zneske e ali vrednosti osnovnih instrumentov iz člena 274(2).
In the application of Section 4, in determining the notional amount referred to in Article 275(1) institutions may take into account the contract for novation for the purposes of calculating the notional principal amount In such cases, institutions shall apply the percentages of Table 3.
Institucije lahko pri uporabi oddelka 4, ko določajo hipotetični znesek iz člena 275(1), upoštevajo pogodbo o novaciji za namene izračuna hipotetičnega zneska. Institucije v takšnih primerih uporabljajo odstotke iz razpredelnice 3.
In the case of other netting agreements, institutions shall apply Section 3 as follows:
Institucije v primeru drugih pogodb o pobotu uporabljajo oddelek 3 na naslednji način:
the current replacement cost referred to in Article 274(1) for the contracts included in a netting agreement shall be obtained by taking account of the actual hypothetical net replacement cost which results from the agreement; in the case where netting leads to a net obligation for the institution calculating the net replacement cost, the current replacement cost is calculated as '0';
tekoči nadomestitveni stroški iz člena 274(1) za pogodbe, vključeni v pogodbe o pobotu, se izračunajo tako, da se upoštevajo dejanski hipotetični neto nadomestitveni stroški, ki izhajajo iz pogodbe; kadar zaradi pobotanja nastane neto obveznost za institucijo, ki izračunava neto nadomestitvene stroške, se tekoči nadomestitveni stroški izračunajo kot "0";
the figure for potential future credit exposure referred to in Article 274(2) for all contracts included in a netting agreement shall be reduced in accordance with the following formula:
potencialna prihodnja kreditna izpostavljenost iz člena 274(2) pri vseh pogodbah, vključenih v pogodbo o pobotu, se zmanjša v skladu z naslednjo formulo:
the reduced figure for potential future credit exposure for all contracts with a given counterparty included in a legally valid bilateral netting agreement;
zmanjšana potencialna prihodnja kreditna izpostavljenost za vse pogodbe, sklenjene z zadevno nasprotno stranko, ki so vključene v pravno veljavno dvostransko pogodbo o pobotu;
the sum of the figures for potential future credit exposure for all contracts with a given counterparty which are included in a legally valid bilateral netting agreement and are calculated by multiplying their notional principal amounts by the percentages set out in Table 1;
vsota potencialne prihodnje kreditne izpostavljenosti za vse pogodbe, sklenjene z zadevno nasprotno stranko, ki so vključene v pravno veljavno dvostransko pogobdo o pobotu in so izračunane z množenjem hipotetičnih zneskov in odstotkov iz razpredelnice 1;
NGR the net-to-gross ratio calculated as the quotient of the net replacement cost for all contracts included in a legally valid bilateral netting agreement with a given counterparty (numerator) and the gross replacement cost for all contracts included in a legally valid bilateral netting agreement with that counterparty (denominator).
NGR razmerje neto/bruto, izračunano kot količnik med neto nadomestitvenimi stroški za vse pogodbe, vključene v pravno veljavno dvostransko pogodbo o pobotu, sklenjeno z zadevno nasprotno stranko (števec), in bruto nadomestitvenimi stroški za vse pogodbe, vključene v pravno veljavno dvostransko pogodbo o pobotu, sklenjeno s to nasprotno stranko (imenovalec).
When carrying out the calculation of the potential future credit exposure in accordance with the formula set out in paragraph 1, institutions may treat perfectly matching contracts included in the netting agreement as if they were a single contract with a notional principal equivalent to the net receipts.
Pri izračunu potencialne prihodnje kreditne izpostavljenosti v skladu s formulo iz odstavka 1 lahko institucije obravnavajo popolnoma ujemajoče se pogodbe, vključene v dogovor o pobotu, kot eno samo pogodbo, katere hipotetična vrednost je enaka neto prejemkom.
In the application of Article 275(1) institutions may treat perfectly matching contracts included in the netting agreement as if they were a single contract with a notional principal equivalent to the net receipts, and the notional principal amounts shall be multiplied by the percentages given in Table 3.
Pri uporabi člena 275(1) lahko institucije obravnavajo popolnoma ujemajoče se pogodbe, vključene v pogodbo o pobotu, kot eno samo pogodbo, katere hipotetična vrednost je enaka neto prejemkom, hipotetični zneski pa se pomnožijo z odstotki iz razpredelnice 3.
For the purposes of this paragraph, perfectly matching contracts are forward foreign-exchange contracts or similar contracts in which a notional principal is equivalent to cash flows if the cash flows fall due on the same value date and fully in the same currency.
Za namene tega odstavka so popolnoma ujemajoče se pogodbe nestandardizirane terminske pogodbe na tujo valuto ali podobne pogodbe, v katerih je hipotetični znesek enak denarnim tokovom, če ti denarni tokovi zapadejo na isti dan ter v celoti v isti valuti.
For all other contracts included in a netting agreement, the percentages applicable may be reduced as indicated in Table 6:
Za vse druge pogodbe, vključene v pogodbo o pobotu, se lahko veljavni odstotki znižajo v skladu z razpredelnico 6:
Foreign-exchange contracts
Pogodbe na tujo valuto
In the case of interest-rate contracts, institutions may, subject to the consent of their competent authorities, choose either original or residual maturity.
Pri pogodbah na obrestno mero lahko institucije s soglasjem svojih pristojnih organov izberejo bodisi originalno bodisi preostalo zapadlost.
Items in the trading book
Postavke v trgovalni knjigi
For the purposes of the application of this Article, Annex II shall include a reference to derivative instruments for the transfer of credit risk as mentioned in point (8) of Section C of Annex I to Directive 2004/39/EC.
Za namene uporabe tega člena vključuje Priloga II sklic na izvedene finančne instrumente za prenos kreditnega tveganja, kakor je navedeno v točki (8) oddelka C Priloge I k Direktivi 2004/39/ES.
When calculating risk-weighted exposure amounts for counterparty risk of items in the trading book, institutions shall comply with the following principles:
Institucije pri izračunavanju zneskov tveganju prilagojenih izpostavljenosti za tveganje nasprotne stranke pri postavkah trgovalne knjige upoštevajo naslednja načela:
in the case of total return swap credit derivatives and credit default swap credit derivatives, to obtain a figure for potential future credit exposure under the method set out in Section 3, the nominal amount of the instrument shall be multiplied by the following percentages:
pri izračunavanju potencialne prihodnje kreditne izpostavljenosti v skladu z metodo iz oddelka 3 se za kreditne izvedene finančne instrumente, in sicer za zamenjave celotnega donosa in kreditne zamenjave nominalni znesek instrumenta pomnoži z naslednjimi odstotki:
5 %, where the reference obligation is one that, if it gave rise to a direct exposure of the institution, would be a qualifying item for the purposes of Part Three, Title IV, Chapter 2;
5 %, če je referenčna obveznost taka, da bi se v primeru neposredne izpostavljenost institucije v tej obveznosti obravnavala kot postavka kvalificiranih izdajateljev za namene dela tri, naslova IV poglavja 2;
10 %, where the reference obligation is one that, if it gave rise to a direct exposure of the institution, would not be a qualifying item for the purposes of Part Three, Title IV, Chapter 2.
10 %, če je referenčna obveznost taka, da bi se v primeru neposredne izpostavljenost institucije v tej obveznosti obravnavala kot postavka kvalificiranih izdajateljev za namene dela 3, naslova IV, poglavja 2.
In the case of an institution whose exposure arising from a credit default swap represents a long position in the underlying, the percentage for potential future credit exposure may be 0 %, unless the credit default swap is subject to close-out upon the insolvency of the entity whose exposure arising from the swap represents a short position in the underlying, even though the underlying has not defaulted.
V primeru institucije, katere izpostavljenost iz kreditne zamenjave, predstavlja dolgo pozicijo v osnovnem instrumentu, je lahko odstotek za potencialno prihodnjo kreditno izpostavljenost 0 %, razen če kreditna zamenjava predčasno preneha veljati v primeru insolventnosti subjekta, katere izpostavljenost, ki izhaja iz kreditne zamenjave, predstavlja kratko pozicijo v osnovnem instrumentu, tudi če osnovni instrument ni v neplačilu.
Where the credit derivative provides protection in relation to 'nth to default' amongst a number of underlying obligations, an institution shall determine which of the percentage figures set out in the first subparagraph applies by reference to the obligation with the nth lowest credit quality which, if incurred by the institution, would be a qualifying item for the purposes of Part Three, Title IV, Chapter 2;
Če kreditni izvedeni finančni instrument zagotavlja zavarovanje v zvezi z n-to neplačilo med več osnovnimi obveznostmi, institucija določi, kateri od odstotkov, določenih v prvem pododstavku se uporabi v zvezi z obveznostjo z n-to najnižjo kreditno kakovostjo, ki bi bila, če bi nastala pri instituciji, postavka kvalificiranega izdajatelja za namene dela tri naslova IV poglavja 2;
institutions shall not use the Financial Collateral Simple Method set out in Article 222 for the recognition of the effects of financial collateral;
institucije ne uporabijo enostavne metode za izračun učinkov zavarovanja s finančnim premoženjem, določene v členu 222, za priznanje učinkov zavarovanja s finančnim premoženjem;
in the case of repurchase transactions and securities or commodities lending or borrowing transactions booked in the trading book, institutions may recognise as eligible collateral all financial instruments and commodities that are eligible to be included in the trading book;
v primeru repo poslov in poslov posoje/izposoje vrednostnih papirjev ali blaga, vključenih v trgovalno knjigo, lahko institucije kot primerno zavarovanje s premoženjem priznajo vse finančne instrumente in blago, ki so primerni za vključitev v trgovalno knjigo;
for exposures arising from OTC derivative instruments booked in the trading book, institutions may recognise commodities that are eligible to be included in the trading book as eligible collateral;
za izpostavljenosti iz izvedenih finančnih instrumentov OTC, ki so vključeni v trgovalno knjigo, lahko institucije kot primerno zavarovanje s premoženjem priznajo blago, ki je primerno za vključitev v trgovalno knjigo;
for the purposes of calculating volatility adjustments where such financial instruments or commodities which are not eligible under Chapter 4 are lent, sold or provided, or borrowed, purchased or received by way of collateral or otherwise under such a transaction, and an institution is using the Supervisory volatility adjustments approach under Section 3 of Chapter 4, institutions shall treat such instruments and commodities in the same way as non-main index equities listed on a recognised exchange;
za namene izračunavanja prilagoditev za nestanovitnost, če so taki finančni instrumenti ali blago, ki ne izpolnjujejo pogojev iz poglavja 4, posojeni, prodani ali dani, ali izposojeni, kupljeni ali prejeti kot zavarovanje s premoženjem ali kako drugače v okviru takšnega posla, institucija pa uporablja pristop nadzorniške prilagoditve za nestanovitnost iz oddelka 3 poglavja 4, institucije obravnavajo take instrumente in blago na enak način kot lastniške finančne instrumente, ki niso uvrščeni v glavni borzni indeks, vendar kotirajo na priznani borzi;
where an institution is using the Own Estimates of Volatility adjustments approach under Section 3 of Chapter 4 in respect of financial instruments or commodities which are not eligible under Chapter 4, it shall calculate volatility adjustments for each individual item.
če institucija uporablja lastne ocene prilagoditev za nestanovitnost iz oddelka 3 poglavja 4 v zvezi s finančnimi instrumenti ali blagom, ki ne izpolnjujejo pogojev iz poglavja 4, izračuna prilagoditev za nestanovitnost za vsako posamezno postavko.
Where an institution has obtained the approval to use the Internal Models Approach defined in Chapter 4, it may also apply that approach in the trading book;
Če je institucija pridobila dovoljenje za uporabo pristopa notranjih modelov iz poglavja 4, lahko ta pristop uporablja tudi v trgovalni knjigi;
in relation to the recognition of master netting agreements covering repurchase transactions, securities or commodities lending or borrowing transactions, or other capital market-driven transactions, institutions shall only recognise netting across positions in the trading book and the non-trading book when the netted transactions fulfil the following conditions:
v zvezi s priznanjem okvirnih pogodb o pobotu, ki zajemajo repo posle, posle posoje/izposoje vrednostnih papirjev ali blaga ali druge posle z instrumenti kapitalskega trga, institucije priznajo samo pobot po pozicijah v trgovalni in bančni knjigi, če posli, ki so predmet pobota izpolnjujejo naslednje pogoje:
all transactions are marked to market daily;
vsi posli se vrednotijo dnevno z uporabo tekočih tržnih cen;