natgillin/translations-raw huggingface dataset:
Terms such as “damage”, “intention”, “gross negligence”, “reasonably relied”, “due care”, “impact”, “reasonable” and “proportionate” which are referred to in this Article but are not defined, shall be interpreted and applied in accordance with the applicable national law as determined by the relevant rules of private international law.
Izrazi ‚škoda‘, ‚namera‘, ‚huda malomarnost‘, ‚razumno zanašanje‘, ‚potrebna skrbnost‘, ‚vpliv‘, ‚razumnost‘ in ‚sorazmernost‘, ki so uporabljeni v tem členu, vendar niso opredeljeni, se razlagajo in uporabljajo v skladu z veljavnim nacionalnim pravom, utemeljenim na ustreznih pravilih mednarodnega zasebnega prava.
Matters concerning the civil liability of a credit rating agency which are not covered by this Regulation shall be governed by the applicable national law as determined by the relevant rules of private international law.
Zadeve v zvezi s civilno odgovornostjo bonitetne agencije, ki niso zajete v tej uredbi, ureja veljavno nacionalno pravo, utemeljeno na ustreznih pravilih mednarodnega zasebnega prava.
The court that is competent to decide on a claim for civil liability brought by an investor or issuer shall be determined by the relevant rules of private international law.
Sodišče, pristojno za odločanje o odškodninskem zahtevku vlagatelja ali izdajatelja iz naslova civilne odgovornosti, je določeno na podlagi ustreznih pravilih mednarodnega zasebnega prava.
This Article does not exclude further civil liability claims in accordance with national law.
Ta člen ne izključuje nadaljnjih odškodninskih zahtevkov iz naslova civilne odgovornosti v skladu z nacionalnim pravom.
The right of redress set out in this Article shall not prevent ESMA from fully performing its powers as laid down in Article 36a.’;
Pravica do pravnega varstva iz tega člena ne preprečuje, da bi ESMA polno izvajal svoja pooblastila iz člena 36a.“;
In Article 36a(2), the first subparagraph is amended as follows:
v členu 36a(2) se prvi pododstavek spremeni:
for the infringements referred to in points 1 to 5, 11 to 15, 19, 20, 23, 26a to 26d, 28, 30, 32, 33, 35, 41, 43, 50, 51 and 55 to 62 of Section I of Annex III, the fines shall amount to at least EUR 500000 and shall not exceed EUR 750000;
za kršitve iz točk 1 5, 11 do 15, 19, 20, 23, 26a do 26d, 28, 30, 32, 33, 35, 41, 43, 50, 51 in 55 do 62 oddelka I Priloge III globe znašajo najmanj 500000 EUR in največ 750000 EUR;
for the infringements referred to in points 6, 7, 8, 16, 17, 18, 21, 22, 22a, 24, 25, 27, 29, 31, 34, 37 to 40, 42, 42a, 42b, 45 to 49a, 52, 53 and 54 of Section I of Annex III, the fines shall amount to at least EUR 300000 and shall not exceed EUR 450000;’;
za kršitve iz točk 6, 7, 8, 16, 17, 18, 21, 22, 22a, 24, 25, 27, 29, 31, 34, 37 do 40, 42, 42a, 42b, 45 do 49a, 52, 53 in 54 oddelka I Priloge III globe znašajo najmanj 300000 EUR in največ 450000 EUR;“;
for the infringements referred to in points 1, 6, 7, 8 and 9 of Section II of Annex III, the fines shall amount to at least EUR 50000 and shall not exceed EUR 150000;
za kršitve iz točk 1, 6, 7, 8 in 9 oddelka II Priloge III globe znašajo najmanj 50000 EUR in največ 150000 EUR;
for the infringements referred to in points 2, 3a to 5 of Section II of Annex III, the fines shall amount to at least EUR 25000 and shall not exceed EUR 75000;’;
za kršitve iz točk 2, 3a do 5 oddelka II Priloge III globe znašajo najmanj 25000 EUR in največ 75000 EUR;“;
for the infringements referred to in point 20a of Section I of Annex III, points 4 to 4c, 6, 8 and 10 of Section III of Annex III, the fines shall amount to at least EUR 90000 and shall not exceed EUR 200000;’;
za kršitve iz točke 20a oddelka I Priloge III, točk 4 do 4c, 6, 8 in 10 oddelka III Priloge III globe znašajo najmanj 90000 EUR in največ 200000 EUR;“;
paragraphs 1 and 3 are deleted;
odstavka 1 in 3 se črtata;
The Commission shall, after obtaining technical advice from ESMA, review the situation in the credit rating market for structured finance instruments, in particular the credit rating market for re-securitisations.
Komisija po pridobitvi tehničnega nasveta od organa ESMA pregleda stanje na trgu bonitetnega ocenjevanja za strukturirane finančne instrumente, zlasti trg bonitetnega ocenjevanja za pozicije re-listinjenja.
Following that review, the Commission shall, by 1 July 2016, submit a report to the European Parliament and to the Council, accompanied by a legislative proposal if appropriate, assessing, in particular:
Po tem pregledu Komisija do 1. julija 2016 Evropskemu parlamentu in Svetu predloži poročilo, po potrebi skupaj z zakonodajnim predlogom, v katerem oceni zlasti:
the availability of sufficient choice in order to comply with the requirements set out in Articles 6b and 8c;
razpoložljivost zadostne izbire z vidika izpolnjevanja zahtev, navedenih v členih 6b in 8c;
whether it is appropriate to shorten or extend the maximum duration of the contractual relationship referred to in Article 6b(1) and the minimum period before the credit rating agency may re-enter into a contract with an issuer or a related third party for the issuing of credit ratings on re-securitisations referred to in Article 6b(3);
ali je primerno skrajšati ali podaljšati najdaljše obdobje pogodbenega razmerja iz člena 6b(1) in najkrajše obdobje, ki mora preteči, preden lahko bonitetna agencija z izdajateljem ali povezano tretjo osebo ponovno sklene pogodbo o izdajanju bonitetnih ocen o pozicijah re-listinjenja iz člena 6b(3);
whether it is appropriate to amend the exemption referred to in the second subparagraph of Article 6b(2).
ali je primerno spremeniti izjemo iz drugega pododstavka člena 6b(2).
Following that review, the Commission shall, by 1 January 2016, submit a report to the European Parliament and to the Council, accompanied by a legislative proposal if appropriate, assessing, in particular:
Po tem pregledu Komisija do 1. januarja 2016 Evropskemu parlamentu in Svetu predloži poročilo, po potrebi skupaj z zakonodajnim predlogom, v katerem oceni zlasti:
whether there is a need to extend the scope of the obligations referred to in Article 8b to include any other financial credit products;
ali obstaja potreba po razširitvi obsega obveznosti iz člena 8b zaradi vključitve drugih finančnih kreditnih proizvodov;
whether the requirements referred to in Articles 6, 6a and 7 have sufficiently mitigated conflicts of interest;
ali so se nasprotja interesov zaradi zahtev iz členov 6, 6a in 7 zadostno zmanjšala;
whether the scope of the rotation mechanism referred to in Article 6b should be extended to other asset classes and whether it is appropriate to use differentiated lengths of periods across asset classes;
ali bi bilo treba mehanizem rotacije iz člena 6b razširiti na druge razrede finančnih instrumentov in ali je primerno uporabiti različna obdobja za posamezne razrede finančnih instrumentov;
the appropriateness of existing and alternative remuneration models;
ustreznost obstoječih in alternativnih modelov plačevanja;
whether there is a need to implement other measures to foster competition in the credit rating market;
ali obstaja potreba po izvajanju drugih ukrepov za spodbujanje konkurence na trgu bonitetnega ocenjevanja;
the appropriateness of additional initiatives to promote competition in the credit rating market against the background of the evolution of the structure of the sector;
ustreznost dodatnih pobud za spodbujanje konkurence na trgu bonitetnega ocenjevanja na podlagi razvoja sestave sektorja;
whether there is a need to propose measures to address contractual over-reliance on credit ratings;
ali obstaja potreba po predlaganju ukrepov za odpravo pogodbenega prevelikega zanašanja na bonitetne ocene;
the market concentration levels, the risks arising from high concentration, and the impact on the overall stability of the financial sector.
oceno stopnje tržne koncentracije, tveganj, ki izhajajo iz visoke koncentracije, in vpliva na celotno stabilnost finančnega sektorja.
The Commission shall, at least annually, inform the European Parliament and the Council of any new equivalence decisions referred to in Article 5(6) that have been adopted during the reporting period.’;
Komisija vsaj enkrat letno Evropski parlament in Svet obvesti o vseh novih odločitvah o enakovrednosti iz člena 5(6), ki so bile sprejete v obdobju poročanja.“;
Article 39a is replaced by the following:
člen 39a se nadomesti z naslednjim:
ESMA’s staffing and resources
Osebje in sredstva organa ESMA
By 21 June 2014, ESMA shall assess its staffing and resources needs arising from the assumption of its powers and duties under this Regulation and shall submit a report to the European Parliament, the Council and the Commission.’;
Organ ESMA do 21. junija 2014 oceni potrebe po osebju in virih, ki izhajajo iz prevzema njegovih pristojnosti in dolžnosti v skladu s to uredbo ter Evropskemu parlamentu, Svetu in Komisiji predloži poročilo.“;
‘Article 39b
„Člen 39b
By 31 December 2015, the Commission shall submit a report to the European Parliament and to the Council on:
Komisija do 31. decembra 2015 Evropskemu parlamentu in Svetu predloži poročilo o:
the steps taken as regards the deletion of references to credit ratings which trigger or have the potential to trigger sole or mechanistic reliance thereon; and
ukrepih za odpravo sklicevanj na bonitetne ocene, ki povzročajo ali bi utegnila povzročiti izključno ali sistematično zanašanje nanje; in
alternative tools to enable investors to make their own credit risk assessment of issuers and of financial instruments,
alternativnih orodjih, na podlagi katerih bi lahko vlagatelji izvedli svojo oceno kreditnega tveganja izdajateljev in finančnih instrumentov,
with a view to deleting all references to credit ratings in Union law for regulatory purposes by 1 January 2020, subject to appropriate alternatives being identified and implemented.
da se do 1. januarja 2020 črtajo vsa sklicevanja na bonitetne ocene v pravu Unije za regulativne namene, pod pogojem, da so opredeljene in se izvajajo ustrezne alternative ocenjevanju kreditnega tveganja.
ESMA shall provide technical advice to the Commission within the framework of this paragraph.
ESMA Komisiji zagotovi tehnično svetovanje v okviru tega odstavka.
Taking into consideration the situation of the market, the Commission shall, by 31 December 2014, submit a report to the European Parliament and to the Council on the appropriateness of the development of a European creditworthiness assessment for sovereign debt.
Komisija ob upoštevanju razmer na trgu do 31. decembra 2014 Evropskemu parlamentu in Svetu predloži poročilo o ustreznosti oblikovanja evropskega ocenjevanja sposobnosti za odplačevanje državnega dolga.
Taking into consideration the findings of the report referred to in the first subparagraph and the situation of the market, the Commission shall, by 31 December 2016, submit a report to the European Parliament and to the Council, on the appropriateness and feasibility of supporting a European credit rating agency dedicated to assessing the creditworthiness of Member States’ sovereign debt and/or a European credit rating foundation for all other credit ratings.
Komisija ob upoštevanju ugotovitev poročila iz prvega pododstavka in razmer na trgu do 31. decembra 2016 Evropskemu parlamentu in Svetu predloži poročilo o ustreznosti in izvedljivosti podpore evropski bonitetni agenciji, ki bi ocenjevala sposobnost držav članic za odplačevanja državnega dolga, in/ali evropske ustanove za bonitetno ocenjevanje za vse druge bonitetne ocene.
The Commission shall, by 31 December 2013, submit a report to the European Parliament and to the Council regarding the feasibility of a network of smaller credit rating agencies in order to increase competition in the market.
Komisija do 31. decembra 2013 Evropskemu parlamentu in Svetu predloži poročilo o izvedljivosti mreže malih bonitetnih agencij, da bi se povečala konkurenčnost na trgu.
That report shall evaluate financial and non-financial support for the creation of such a network, taking into consideration the potential conflicts of interest arising from such public funding.
V tem poročilu se oceni finančna in nefinančna pomoč za oblikovanje mreže, pri čemer se upošteva morebitno nasprotje interesov zaradi tega javnega financiranja.
In light of the findings of that report and following ESMA’s technical advice, the Commission may re-evaluate and suggest amending Article 8d.’;
Komisija lahko na podlagi ugotovitev iz tega poročila in po tehničnem svetovanju organa ESMA ponovno oceni in predlaga spremembo člena 8d.“;
Notwithstanding the first paragraph,
Ne glede na prvi odstavek pa se
points 7(a), 9 and 10, point 11 in relation to Article 8d of Regulation (EC) No 1060/2009 and points 12 and 27 of Article 1 of this Regulation shall apply from 1 June 2018 for the purposes of the assessment referred to in:
točke 7(a), 9 in 10, točka 11 v povezavi s členom 8d Uredbe (ES) št. 1060/2009 ter točki 12 in 27 člena 1 te uredbe uporabljajo od 1. junija 2018 za namene ocenjevanja iz:
Article 4(3)(b) of Regulation (EC) No 1060/2009 as to whether third-country requirements are at least as stringent as the requirements referred to in that point; and
člena 4(3)(b) Uredbe (ES) št. 1060/2009, ali so zahteve tretjih držav vsaj tako stroge kot zahteve iz navedene točke; in
point (b) of the second subparagraph of Article 5(6) of Regulation (EC) No 1060/2009 as to whether credit rating agencies in third countries are subject to legally binding rules which are equivalent to those referred to in that point;
točke (b) drugega pododstavka člena 5(6) Uredbe (ES) št. 1060/2009, ali za bonitetne agencije v tretjih državah veljajo pravno zavezujoča pravila, ki so enakovredna pravilom iz navedene točke;
point 8 of Article 1 of this Regulation in relation to Article 6a(1)(a) of Regulation (EC) No 1060/2009 shall apply from 21 June 2014 as regards any shareholder or member of a credit rating agency which on 15 November 2011 held 5 % or more of the capital of more than one credit rating agency;
točka 8 člena 1 te uredbe v povezavi s členom 6a(1)(a) Uredbe (ES) št. 1060/2009 se uporablja od 21. junija 2014 v zvezi z vsemi delničarji ali družbeniki bonitetne agencije, ki so imeli 15. novembra 2011 v lasti 5 % ali več kapitala v več kot eni bonitetni agenciji;
point 15 of Article 1 shall apply from 21 June 2015.
točka 15 člena 1 se uporablja od 21. junija 2015.
OJ C 181, 21.6.2012, p. 68.
UL C 181, 21.6.2012, str. 68.
OJ C 380 E, 11.12.2012, p. 24.
UL C 380 E, 11.12.2012, str. 24.
OJ C 139, 15.5.2012, p. 6.
UL C 139, 15.5.2012, str. 6.
OJ L 201, 27.7.2012, p. 1.’;
UL L 201, 27.7.2012, str. 1.“;
OJ L 309, 25.11.2005, p. 15.’;
UL L 309, 25.11.2005, str. 15.“;
Section B is amended as follows:
oddelek B se spremeni:
A credit rating agency shall identify, eliminate, or manage and disclose, clearly and prominently, any actual or potential conflicts of interest that may influence the analyses and judgments of its rating analysts, employees, or any other natural person whose services are placed at the disposal or under the control of the credit rating agency and who are directly involved in credit rating activities and persons approving credit ratings and rating outlooks.’;
Bonitetna agencija ugotavlja, odpravlja, ali upravlja ter jasno in na vidnem mestu razkriva vsa dejanska ali potencialna nasprotja interesov, ki bi lahko vplivala na analize in presoje njenih bonitetnih analitikov, zaposlenih ter katerih koli drugih fizičnih oseb, katerih storitve so na voljo bonitetni agenciji ali so pod njenim nadzorom in ki so neposredno udeležene pri dejavnostih bonitetnega ocenjevanja, ter oseb, odgovornih za odobritev bonitetnih ocen in obetov glede bonitetne ocene.“;
A credit rating agency shall not issue a credit rating or a rating outlook in any of the following circumstances, or shall, in the case of an existing credit rating or rating outlook, immediately disclose where the credit rating or rating outlook is potentially affected by the following:’;
Bonitetna agencija ne izda bonitetne ocene ali obetov glede bonitetne ocene v kateri koli izmed naštetih okoliščin ali, v primeru obstoječe bonitetne ocene ali obetov glede bonitetne ocene, nemudoma objavi, da so bonitetna ocena ali obeti glede bonitetne ocene morebiti ogroženi, kadar:“;
the following point is inserted after point (a):
za točko (a) se vstavi naslednja točka:
a shareholder or member of a credit rating agency holding 10 % or more of either the capital or the voting rights of that credit rating agency or being otherwise in a position to exercise significant influence on the business activities of the credit rating agency, holds 10 % or more of either the capital or the voting rights of the rated entity or of a related third party, or of any other ownership interest in that rated entity or third party, excluding holdings in diversified collective investment schemes and managed funds such as pension funds or life insurance, which do not put him in a position to exercise significant influence on the business activities of the scheme;’;
ima delničar ali družbenik bonitetne agencije, ki ima 10 ali več odstotkov bodisi kapitala ali glasovalnih pravic v tej bonitetni agenciji ali ki lahko drugače izvršuje pomemben vpliv na poslovne dejavnosti bonitetne agencije, v lasti 10 ali več odstotkov bodisi kapitala ali glasovalnih pravic ocenjevanega subjekta ali povezane tretje osebe ali kakršno koli drugačno lastniško udeležbo v tem ocenjevanem subjektu ali tretji osebi, razen deležev v razpršenih kolektivnih naložbenih shemah, vključno z upravljanimi skladi, kot so pokojninski skladi ali življenjska zavarovanja, ki mu ne omogočajo izvrševanja pomembnega vpliva na poslovne dejavnosti sheme;“;
the credit rating is issued with respect to a rated entity or a related third party which holds 10 % or more of either the capital or the voting rights of that credit rating agency;’;
se bonitetna ocena izda v zvezi z ocenjevanim subjektom ali povezano tretjo osebo, ki ima 10 ali več odstotkov bodisi kapitala ali glasovalnih pravic v tej bonitetni agenciji;“;
the following point is inserted after point (c):
za točko (c) se vstavi naslednja točka:
a shareholder or member of a credit rating agency holding 10 % or more of either the capital or the voting rights of that credit rating agency or being otherwise in a position to exercise significant influence on the business activities of the credit rating agency, is a member of the administrative or supervisory board of the rated entity or a related third party;’;
je delničar ali družbenik bonitetne agencije, ki ima 10 ali več odstotkov bodisi kapitala ali glasovalnih pravic v tej bonitetni agenciji ali ki lahko drugače izvršuje pomemben vpliv na poslovne dejavnosti bonitetne agencije, član upravnega odbora ali nadzornega sveta ocenjevanega subjekta ali povezane tretje osebe;“;
‘A credit rating agency shall also immediately assess whether there are grounds for re-rating or withdrawing the existing credit rating or rating outlook.’;
„Bonitetna agencija prav tako nemudoma oceni, ali obstajajo razlogi za ponovno določitev ali umik obstoječe bonitetne ocene ali obetov glede bonitetne ocene.“;
A credit rating agency shall disclose where an existing credit rating or rating outlook is potentially affected by either of the following:
Bonitetna agencija objavi, da je obstoječa bonitetna ocena morebiti ogrožena ali da so obeti glede bonitetne ocene ogroženi, kadar:
a shareholder or member of a credit rating agency holding 5 % or more of either the capital or the voting rights of that credit rating agency or being otherwise in a position to exercise significant influence on the business activities of the credit rating agency, holds 5 % or more of either the capital or the voting rights of the rated entity or of a related third party, or of any other ownership interest in that rated entity or third party.
ima delničar ali družbenik bonitetne agencije, ki ima 5 ali več odstotkov bodisi kapitala ali glasovalnih pravic v tej bonitetni agenciji ali ki lahko drugače izvršuje pomemben vpliv na poslovne dejavnosti bonitetne agencije, v lasti 5 ali več odstotkov bodisi kapitala ali glasovalnih pravic ocenjevanega subjekta ali povezane tretje osebe ali drugo lastniško udeležbo v tem ocenjevanem subjektu ali tretji osebi.
This excludes holdings in diversified collective investment schemes and managed funds such as pension funds or life insurance, which do not put him in a position to exercise significant influence on the business activities of the scheme;
To ne vključuje deležev v razpršenih kolektivnih naložbenih shemah, vključno z upravljanimi skladi, kot so pokojninski skladi ali življenjska zavarovanja, ki mu ne omogočajo izvrševanja pomembnega vpliva na poslovne dejavnosti sheme;
a shareholder or member of a credit rating agency holding 5 % or more of either the capital or the voting rights of that credit rating agency or being otherwise in a position to exercise significant influence on the business activities of the credit rating agency, is a member of the administrative or supervisory board of the rated entity or a related third party.
je delničar ali družbenik bonitetne agencije, ki ima 5 ali več odstotkov bodisi kapitala ali glasovalnih pravic v tej bonitetni agenciji ali ki lahko drugače izvršuje pomemben vpliv na poslovne dejavnosti bonitetne agencije, član upravnega odbora ali nadzornega sveta ocenjevanega subjekta ali povezane tretje osebe.
Provided that the information is known or should be known by the credit rating agency, the obligations in point 3(aa), (ba) and (ca) and point 3a shall also relate to:
Pod pogojem, da je bonitetna agencija seznanjena ali bi morala biti seznanjena z informacijami, obveznosti iz točke 3(aa), (ba) in (ca) in točke 3a zadevajo tudi:
indirect shareholders covered by Article 10 of Directive 2004/109/EC; and
posredne delničarje iz člena 10 Direktive 2004/109/ES; in
companies that control or exercise a dominant influence, directly or indirectly, on the credit rating agency, and which are covered by Article 10 of Directive 2004/109/EC.
podjetja, ki posredno ali neposredno nadzorujejo ali izvajajo prevladujoč vpliv na bonitetno agencijo in ki spadajo v člen 10 Direktive 2004/109/ES.
A credit rating agency shall ensure that fees charged to its clients for the provision of credit rating and ancillary services are not discriminatory and are based on actual costs.
Bonitetna agencija zagotovi, da honorarji, ki jih svojim strankam zaračuna za opravo storitev bonitetnega ocenjevanja in pomožnih storitev, niso diskriminatorni in temeljijo na dejanskih stroških.
Fees charged for credit rating services shall not depend on the level of the credit rating issued by the credit rating agency or on any other result or outcome of the work performed.’;
Honorarji, zaračunani za storitve bonitetnega ocenjevanja, niso odvisni od ravni bonitetne ocene, ki jo izida bonitetna agencija, ali katerega koli drugega rezultata ali izida opravljenega dela.“;
in point 4, the first subparagraph is replaced by the following:
v točki 4 se prvi pododstavek nadomesti z naslednjim:
Neither a credit rating agency nor any person holding, directly or indirectly, at least 5 % of either the capital or voting rights of the credit rating agency or being otherwise in a position to exercise significant influence on the business activities of the credit rating agency shall provide consultancy or advisory services to the rated entity or a related third party regarding the corporate or legal structure, assets, liabilities or activities of that rated entity or related third party.’;
Niti bonitetna agencija niti katera koli oseba, ki ima neposredno ali posredno najmanj 5 % bodisi kapitala ali glasovalnih pravic v bonitetni agenciji ali ki lahko drugače pomembno vpliva na poslovne dejavnosti bonitetne agencije, ne sme zagotavljati posvetovalnih ali svetovalnih storitev ocenjevanemu subjektu ali povezani tretji osebi glede podjetniške ali pravne strukture, sredstev, obveznosti ali dejavnosti navedenega ocenjevanega subjekta ali povezane tretje osebe.“;
point 7 is amended as follows:
točka 7 se spremeni: