natgillin/translations-raw huggingface dataset:
If the amount of capital held by a CCP according to paragraph 1 is lower than 110 % of the capital requirements or lower than 110 % of EUR 7,5 million (‘notification threshold’), the CCP shall immediately notify the competent authority and keep it updated at least weekly, until the amount of capital held by the CCP returns above the notification threshold.
Če je znesek kapitala, ki ga ima CNS v skladu z odstavkom 1, nižji od 110 % kapitalskih zahtev ali 110 % od 7,5 milijona EUR („prag za obveščanje“), CNS o tem takoj obvesti pristojni organ in ga nato o tem vsaj enkrat tedensko obvešča, dokler se znesek kapitala, ki ga ima CNS, ne dvigne nad prag za obveščanje.
That notification shall be made in writing and shall contain the following elements:
Navedeno obvestilo se poda pisno in vsebuje naslednje elemente:
the reasons for the CCP’s capital being below the notification threshold and a description of the short-term perspective of the CCP’s financial situation;
razloge za to, da je kapital CNS pod pragom za obveščanje, in opis kratkoročnega finančnega stanja CNS;
a comprehensive description of the measures the CCP intends to adopt to ensure the on-going compliance with the capital requirements.
celovit opis ukrepov, ki jih namerava sprejeti CNS za zagotovitev stalne skladnosti s kapitalskimi zahtevami.
Capital requirements for winding down or restructuring
Kapitalske zahteve za prenehanje ali prestrukturiranje
A CCP shall divide its annual gross operational expenses by twelve in order to determine its monthly gross operational expenses, and multiply the resulting number by its time span for winding down or restructuring its activities determined according to paragraph 2.
CNS deli svoje letne bruto operativne stroške z dvanajst, da izračuna svoje mesečne bruto operativne stroške, in dobljeno število pomnoži s časom, potrebnim za prenehanje ali prestrukturiranje njegovih dejavnosti v skladu z odstavkom 2.
The result of this calculation is the capital required to ensure an orderly winding down or restructuring of the activities of the CCP.
Rezultat tega izračuna je kapital, potreben za zagotovitev prenehanja ali prestrukturiranja dejavnosti CNS v skladu s predpisi.
In order to determine the time span for winding down or restructuring its activities referred to in paragraph 1, a CCP shall submit to the competent authority for approval in accordance with that competent authority’s powers under Title III of Regulation (EU) No 648/2012 its own estimate of the appropriate time span for winding down or restructuring its activities.
CNS pri določitvi obdobja za prenehanje ali prestrukturiranje dejavnosti iz odstavka 1 pristojnemu organu v skladu z njegovimi pooblastili na podlagi naslova III Uredbe (EU) št. 648/2012 predloži v odobritev svojo oceno ustreznega obdobja za prenehanje ali prestrukturiranje svojih dejavnosti.
The estimated time span shall be sufficient to ensure, including in stressed market conditions, an orderly winding down or restructuring of its activities, reorganising its operations, liquidating its clearing portfolio or transferring its clearing activities to another CCP.
Ocenjeno obdobje zadostuje za zagotovitev prenehanja ali prestrukturiranja njegovih dejavnosti v skladu s predpisi, reorganizacije njegovih dejavnosti, likvidacije njegovega klirinškega portfelja ali prenosa njegovih klirinških dejavnosti na drug CNS, in sicer tudi v izjemnih tržnih pogojih.
The estimate shall take into account the liquidity, size, maturity structure and potential cross-border obstacles of the positions of the CCP and the type of products cleared.
Ocena upošteva likvidnost, velikost, strukturo zapadlosti in morebitne čezmejne ovire pozicij CNS ter vrsto produktov, pri katerih se opravi kliring.
The time span for winding down or restructuring its activities used for the calculation of the capital requirement is subject to a minimum number of six months.
Za obdobje za prenehanje ali prestrukturiranje njegovih dejavnosti, ki se uporablja za izračun kapitalske zahteve, velja omejitev najmanj šestih mesecev.
A CCP shall update its estimate of the appropriate time span for winding down or restructuring its activities whenever there is a significant change in the assumptions underlying the estimation and submit this updated estimate to the competent authority for approval.
CNS posodobi svojo oceno ustreznega obdobja za prenehanje ali prestrukturiranje svojih dejavnosti, kadar koli pride do pomembne spremembe v predpostavkah ocenjevanja, in to novo oceno predloži pristojnemu organu v odobritev.
For the purposes of this Article, operational expenses shall be considered in accordance with International Financial Reporting Standards (IFRS) adopted pursuant to Regulation (EC) No 1606/2002 or, in accordance with Council Directives 78/660/EEC [7], 83/349/EEC [8] and 86/635/EEC [9] or, in accordance with generally accepted accounting principles of a third country determined to be equivalent to IFRS in accordance with Commission Regulation (EC) No 1569/2007 [10] or accounting standards of a third country the use of which is permitted in accordance with Article 4 of that Regulation, as applicable.
Za namene tega člena se operativni stroški obravnavajo v skladu z mednarodnimi standardi računovodskega poročanja (MSRP), sprejetimi v skladu z Uredbo (ES) št. 1606/2002, ali v skladu z direktivami Sveta 78/660/EGS [7], 83/349/EGS [8] in 86/635/EGS [9] ali splošno sprejetimi računovodskimi načeli tretje države, ki so enakovredni MSRP v skladu z Uredbo Komisije (ES) št. 1569/2007 [10] (ali računovodskim standardom tretje države, katerih uporaba je dovoljena v skladu s členom 4 navedene uredbe), kjer je primerno.
CCPs shall use the most recent audited information from their annual financial statement.
CNS uporabljajo najnovejše revidirane informacije iz svojih letnih računovodskih izkazov.
Capital requirements for operational and legal risks
Kapitalske zahteve za operativno in pravno tveganje
A CCP shall calculate its capital requirements for operational — including legal — risk referred to in Article 1 using either the Basic Indicator Approach or Advanced Measurement Approaches as provided in Directive 2006/48/EC subject to the restrictions provided in paragraphs 2 to 7.
CNS kapitalske zahteve za operativno in pravno tveganje iz člena 1 izračuna z uporabo enostavnega ali naprednih pristopov, kot je določeno v Direktivi 2006/48/ES, ob spoštovanju omejitev iz odstavkov 2 do 7.
A CCP may use the basic indicator approach in order to calculate its capital requirements for operational risk in accordance with Article 103 of Directive 2006/48/EC.
CNS lahko uporabi enostaven pristop, da svoje kapitalske zahteve za operativno tveganje izračuna v skladu s členom 103 Direktive 2006/48/ES.
A CCP shall have in place a well-documented assessment and management system for operational risk with clear responsibilities assigned for this system.
CNS ima vzpostavljen dobro dokumentiran sistem ocenjevanja in upravljanja operativnega tveganja z jasnimi odgovornostmi, dodeljenimi za ta sistem.
It shall identify its exposures to operational risk and track relevant operational risk data, including material loss data.
Ugotovi svojo izpostavljenost operativnemu tveganju in spremlja ustrezne podatke o operativnem tveganju, vključno s podatki o pomembni izgubi.
This system shall be subject to regular review carried out by an independent party possessing the necessary knowledge to carry out such review.
Ta sistem je predmet rednih pregledov, ki jih opravi neodvisna stran, ki ima potrebno znanje za njihovo izvedbo.
A CCP operational risk assessment system shall be closely integrated into the risk management processes of the CCP.
Sistem ocenjevanja operativnega tveganja CNS je tesno povezan s postopki upravljanja tveganja CNS.
Its output shall be an integral part of the process of monitoring and controlling the CCP’s operational risk profile.
Njegovi rezultati so sestavni del postopka spremljanja in nadzorovanja profila operativnega tveganja CNS.
A CCP shall implement a system of reporting to senior management that provides operational risk reports to relevant functions within the institutions.
CNS uvede sistem poročanja višjemu vodstvu, s katerim se ustreznim službam v institucijah zagotavljajo poročila o operativnem tveganju.
A CCP shall have in place procedures for taking appropriate action according to the information within the reports to management.
CNS ima vzpostavljene postopke za ustrezno ukrepanje v skladu z informacijami iz poročil vodstvu.
A CCP may also apply to its competent authority for permission to use Advanced Measurement Approaches.
CNS lahko pristojni organ tudi zaprosi za dovoljenje za uporabo naprednih pristopov.
The competent authority may grant the CCP the permission to use Advanced Measurement Approaches based on its own operational risk measurement systems in accordance with Article 105 of Directive 2006/48/EC.
Pristojni organ lahko CNS dovoli uporabo naprednih pristopov, in sicer na podlagi njegovih lastnih sistemov za merjenje operativnega tveganja v skladu s členom 105 Direktive 2006/48/ES.
CCPs using the Advanced Measurement Approaches as specified in paragraph 6 for the calculation of their capital requirements for operational risk shall hold capital which is at all times more than or equal to 80 % of the capital required using the basic indicator approach according to paragraph 2.
CNS, ki za izračun lastnih kapitalskih zahtev za operativna tveganja uporabljajo napredne pristope iz odstavka 6, imajo kapital, ki je vedno večji ali enak 80 % kapitala, ki se zahteva pri uporabi enostavnega pristopa v skladu z odstavkom 2.
Capital requirements for credit risk, counterparty credit risk and market risk which are not already covered by specific financial resources as referred to in Articles 41 to 44 of Regulation (EU) No 648/2012
Kapitalske zahteve za kreditno tveganje, kreditno tveganje nasprotne stranke in tržno tveganje, ki jih posebna finančna sredstva iz členov 41 do 44 Uredbe (EU) št. 648/2012 še ne krijejo
A CCP shall calculate its capital requirements referred to in Article 1 as the sum of 8 % of its risk-weighted exposure amounts for credit and counterparty credit risk and its capital requirements for market risk calculated in accordance with Directives 2006/48/EC and 2006/49/EC, subject to the restrictions provided in paragraphs 2 to 5.
CNS svoje kapitalske zahteve iz člena 1 izračuna kot vsoto 8 % zneskov tveganju prilagojenih izpostavljenosti za kreditno tveganje in kreditno tveganje nasprotne stranke ter kapitalskih zahtev za tržno tveganje, izračunanih v skladu z direktivama 2006/48/ES in 2006/49/ES, ob spoštovanju omejitev iz odstavkov 2 do 5.
For the calculation of capital requirements for market risk which is not already covered by specific financial resources as referred to in Articles 41 to 44 of Regulation (EU) No 648/2012, a CCP shall use the methods provided for in Annexes I to IV to Directive 2006/49/EC.
CNS pri izračunu kapitalskih zahtev za tržno tveganje, ki ga posebna finančna sredstva iz členov 41 do 44 Uredbe (EU) št. 648/2012 še ne krijejo, uporablja metode iz prilog I do IV k Direktivi 2006/49/ES.
For the calculation of the risk-weighted exposure amounts for credit risk which is not already covered by specific financial resources as referred to in Articles 41 to 44 of Regulation (EU) No 648/2012, a CCP shall apply the Standardised Approach for credit risk provided for in Articles 78 to 83 of Directive 2006/48/EC.
CNS pri izračunu zneskov tveganju prilagojenih izpostavljenosti za kreditno tveganje, ki ga posebna finančna sredstva iz členov 41 do 44 Uredbe (EU) št. 648/2012 še ne krijejo, uporablja standardizirani pristop za kreditno tveganje iz členov 78 do 83 Direktive 2006/48/ES.
For the calculation of the risk-weighted exposure amounts for counterparty credit risk which is not already covered by specific financial resources as referred to in Articles 41 to 44 of Regulation (EU) No 648/2012, a CCP shall use the Mark-to-market Method provided for in Annex III, part 3 to Directive 2006/48/EC and the Financial Collateral Comprehensive Method applying supervisory volatility adjustments provided for in Annex VIII, Part 3 to Directive 2006/48/EC.
CNS pri izračunu zneskov tveganju prilagojenih izpostavljenosti za kreditno tveganje nasprotne stranke, ki ga posebna finančna sredstva iz členov 41 do 44 Uredbe (EU) št. 648/2012 še ne krijejo, uporablja metodo tekoče izpostavljenosti iz dela 3 Priloge III k Direktivi 2006/48/ES in razvito metodo za izračun učinkov zavarovanja s finančnim premoženjem, ki uporablja nadzorniško prilagoditev za nestanovitnost, iz dela 3 Priloge VIII k Direktivi 2006/48/ES.
Where all the conditions referred to in Articles 52 and 53 of Regulation (EU) No 648/2012 are not fulfilled and where a CCP does not use its own resources, the CCP shall apply a risk weight of 1250 % to its exposure stemming from contributions to the default fund of another CCP and a risk weight of 2 % to its trade exposures with another CCP.
Kadar vsi pogoji iz členov 52 in 53 Uredbe (EU) št. 648/2012 niso izpolnjeni in CNS ne uporablja lastnih sredstev, za svojo izpostavljenost, ki izhaja iz prispevkov v jamstveni sklad drugega CNS, uporabi utež tveganja v višini 1250 %, in za svojo trgovinsko izpostavljenost z drugim CNS utež tveganja v višini 2 %.
Capital requirements for business risk
Kapitalske zahteve za poslovno tveganje
The CCP shall submit to the competent authority for approval in accordance with that competent authority’s powers under Title III of Regulation (EU) No 648/2012 its own estimate of the capital necessary to cover losses resulting from business risk based on reasonably foreseeable adverse scenarios relevant to its business model.
CNS pristojnemu organu v skladu z njegovimi pooblastili na podlagi naslova III Uredbe (EU) št. 648/2012 predloži v odobritev svojo oceno kapitala, potrebnega za kritje izgub zaradi poslovnega tveganja, ki temelji na razumno predvidljivih neugodnih scenarijih, relevantnih za njihov poslovni model.
The capital requirement for business risk shall be equal to the approved estimate and shall be subject to a minimum amount of 25 % of its annual gross operational expenses.
Kapitalska zahteva za poslovno tveganje je enaka odobreni oceni in je predmet najnižjega zneska, ki znaša 25 % njegovih letnih bruto operativnih stroškov.
For the purposes of this Article, gross operational expenses shall be considered in accordance with Article 2(4).
Za namene tega člena se bruto operativni stroški obravnavajo v skladu s členom 2(4).
Commission Delegated Regulation (EU) No 153/2013
Delegirana uredba Komisije (EU) št. 153/2013
supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on requirements for central counterparties
o dopolnitvi Uredbe (EU) št. 648/2012 Evropskega parlamenta in Sveta v zvezi z regulativnimi tehničnimi standardi glede zahtev za centralne nasprotne stranke
Having regard to Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories [2], and in particular Article 25(8), Article 26(9), Article 29(4), Article 34(3), Article 41(5), Article 42(5), Article 44(2), Article 45(5), Article 46(3), Article 47(8) and Article 49(4) thereof,
ob upoštevanju Uredbe (EU) št. 648/2012 Evropskega parlamenta in Sveta z dne 4. julija 2012 o izvedenih finančnih instrumentih OTC, centralnih nasprotnih strankah in repozitorijih sklenjenih poslov [2], zlasti člena 25(8), člena 26(9), člena 29(4), člena 34(3), člena 41(5), člena 42(5), člena 44(2), člena 45(5), člena 46(3), člena 47(8) in člena 49(4) Uredbe,
The provisions in this Regulation are closely linked, since they deal with organisational requirements, including record keeping and business continuity, and prudential requirements, including in relation to margins, the default fund, liquidity risk controls, the default waterfall, collateral, investment policy, review of models, stress testing and back testing.
Določbe iz te uredbe so tesno povezane, saj obravnavajo organizacijske zahteve, vključno z vodenjem evidenc in neprekinjenim poslovanjem, bonitetne zahteve, vključno v zvezi s kritji, jamstveni sklad, kontrole likvidnostnega tveganja, kaskadni pristop k neplačilom, zavarovanje s premoženjem, naložbeno politiko, pregled modelov, testiranje izjemnih situacij in testiranje za nazaj.
To ensure coherence between those provisions, which should enter into force at the same time, and to facilitate a comprehensive view and compact access to them by persons subject to those obligations it is desirable to include all the regulatory technical standards required under Title III and Title IV of Regulation (EU) No 648/2012 in a single Regulation.
Za zagotovitev skladnosti med navedenimi določbami, ki bi morale začeti veljati hkrati, in za omogočanje celovitega pregleda nad določbami in enotnega dostopa do njih za osebe, za katere veljajo navedene obveznosti, je zaželeno, da se vsi regulativni tehnični standardi, ki se zahtevajo v skladu z naslovom III in naslovom IV Uredbe (EU) št. 648/2012, vključijo v eno uredbo.
In view of the global nature of financial markets, this Regulation should take into account the Principles for Financial Market Infrastructures issued by the Committee on Payment and Settlement Systems and the International Organization of Securities Commissions (CPSS-IOSCO Principles) which serve as a global benchmark for regulatory requirements for central counterparties (CCPs).
Glede na globalno naravo finančnih trgov bi morala ta uredba upoštevati načela za infrastrukturo za finančni trg, ki sta jih izdala Odbor za plačilne in poravnalne sisteme ter Mednarodno združenje nadzornikov trga vrednostnih papirjev (načela CPSS-IOSCO) in služijo kot globalno merilo za regulativne zahteve za centralne nasprotne stranke (CNS).
To ensure that they are safe and sound in all market conditions, it is important that CCPs adopt prudent risk management procedures which duly cover all the risks they are or may be exposed to.
Za zagotavljanje, da so CNS varne in stabilne v vseh tržnih pogojih, je pomembno, da CNS sprejmejo postopke za preudarno upravljanje tveganj, ki ustrezno zajemajo vsa tveganja, ki so jim lahko ali so jim izpostavljene CNS.
In this respect, the risk management standards actually implemented by CCPs should be more stringent than those set forth in this Regulation if for risk management purposes it is deemed appropriate.
V zvezi s tem bi morali biti standardi upravljanja tveganj, ki jih dejansko izvajajo CNS, strožji od tistih, ki so določeni v tej uredbi, če se za namene upravljanja tveganj to zdi primerno.
In order to clearly identify a limited number of concepts stemming from Regulation (EU) No 648/2012, as well as to specify the technical terms necessary for developing this technical standard, a number of terms should be defined.
Zaradi pojasnitve omejenega števila pojmov, ki izhajajo iz Uredbe (EU) št. 648/2012, in opredelitve tehničnih izrazov, ki so potrebni za pripravo tega tehničnega standarda, bi bilo treba opredeliti nekatere izraze.
It is important to ensure that recognised third country CCPs do not disrupt the orderly functioning of Union markets.
Pomembno je zagotoviti, da priznane CNS iz tretjih držav ne motijo pravilnega delovanja trgov Unije.
For this reason, it is essential to ensure that recognised CCPs are not in a position to lower their risk management requirements below Union standards, which could lead to regulatory arbitrage.
Zaradi tega je bistveno, da priznane CNS ne morejo znižati svojih zahtev glede upravljanja tveganj pod standarde Unije, kar bi lahko privedlo do regulatorne arbitraže.
The information to be provided to ESMA concerning the recognition of a third country CCP should enable ESMA to assess whether that CCP is in full compliance with the prudential requirements applicable in that third country.
Informacije, ki se posredujejo organu ESMA o priznanju CNS iz tretje države, bi mu morale omogočiti, da oceni, ali CNS v celoti upošteva bonitetne zahteve, ki se uporabljajo v zadevni tretji državi.
In addition, the equivalence determination by the Commission should ensure that the laws and regulations of the third country are equivalent to every provision under Title IV of Regulation (EU) No 648/2012 and of this Regulation.
Poleg tega bi morala Komisija z ugotavljanjem enakovrednosti zagotoviti, da so zakoni in drugi predpisi v tretji državi enakovredni določbam iz naslova IV Uredbe (EU) št. 648/2012 in iz te uredbe.
To ensure an adequate level of investor protection, in the recognition of third country CCPs the European Securities and Markets Authority (ESMA) may require additional information to the one strictly necessary to assess that conditions established in Regulation (EU) No 648/2012 are fulfilled.
Da se zagotovi ustrezna raven zaščite vlagateljev, lahko Evropski organ za vrednostne papirje in trge (ESMA) pri priznavanju CNS iz tretjih držav zahteva dodatne informacije poleg tistih, ki so nujno potrebne za oceno, ali so izpolnjeni pogoji iz Uredbe (EU) št. 648/2012.
The ongoing assessment of the full compliance of a third country CCP with the prudential requirements of such third country is the duty of the third country competent authority.
Stalno ocenjevanje, ali CNS iz tretjih držav v celoti upoštevajo bonitetne zahteve iz teh tretjih držav, je dolžnost pristojnega organa iz tretje države.
The information to be provided to ESMA by the applicant third country CCP should not have the objective of replicating the assessment of the third country competent authority, but ensuring that the CCP is subject to effective supervision and enforcement in that third country, thus guaranteeing a high degree of investor protection.
Namen informacij, ki jih posreduje CNS vlagateljica iz tretje države organu ESMA, ne bi smela biti ponovna ocena pristojnega organa iz tretje države, ampak zagotavljanje, da za CNS veljata učinkovit nadzor in izvrševanje v tretji državi, s čimer se zagotavlja visoka raven zaščite vlagateljev.
To allow ESMA to perform a complete assessment, the information provided by the applicant third country CCP should be complemented by that information necessary to assess the effectiveness of the ongoing supervision, enforcement powers and actions taken by the third country competent authority.
Da bi organ ESMA lahko opravil celovito oceno, bi bilo treba informacije, ki jih zagotovi CNS vlagateljica iz tretje države, dopolniti z informacijami, potrebnimi za oceno učinkovitosti stalnega nadzora, izvršilnih pooblastil in ukrepov, ki jih sprejme pristojni organ iz tretje države.
Such information should be provided under the cooperation arrangement established in accordance with Regulation (EU) No 648/2012.
Take informacije bi bilo treba zagotoviti v okviru dogovora o sodelovanju, sklenjenega v skladu z Uredbo (EU) št. 648/2012.
Such a cooperation arrangement should ensure that ESMA is informed in a timely manner of any supervisory or enforcement action against the CCP applying for recognition and any change of the conditions under which authorisation was granted to the relevant CCP and on any relevant update of the information originally provided by the CCP under the recognition process.
Takšen dogovor o sodelovanju bi moral zagotoviti, da je organ ESMA pravočasno obveščen o vseh nadzornih ali izvršilnih ukrepih glede CNS vlagateljice, o vseh spremembah pogojev, pod katerimi se izda dovoljenje zadevni CNS, in o vseh zadevnih posodobitvah informacij, ki jih je CNS prvotno zagotovila v okviru postopka priznavanja.
The requirements of Regulation (EU) No 648/2012 relating to internal risk reporting lines need further specification to implement a risk-management framework, which includes the structure, rights and responsibilities of the internal risk management process.
Zahteve iz Uredbe (EU) št. 648/2012, ki se nanašajo na notranje zahteve glede poročanja o tveganjih, je treba podrobneje določiti, da se izvaja okvir upravljanja tveganj, ki vključuje strukturo, pravice in odgovornosti notranjega postopka za upravljanje s tveganji.