natgillin/translations-raw huggingface dataset:
Where risk-weighted exposure amounts are calculated using the Ratings Based Method, the exposure value or the risk-weight for a securitisation position in respect of which credit protection has been obtained may be amended in accordance with the provisions of Chapter 4 as they apply for the calculation of risk-weighted exposure amounts under Chapter 2.
Če se zneski tveganju prilagojenih izpostavljenosti izračunavajo z uporabo metode na podlagi bonitetnih ocen, se lahko vrednost izpostavljenosti ali utež tveganja za pozicijo v listinjenju, za katero je bilo pridobljeno kreditno zavarovanje, prilagodita v skladu z določbami poglavja 4, kakor te veljajo za izračun zneskov tveganju prilagojenih izpostavljenosti v skladu s poglavjem 2.
In the case of full credit protection, where risk-weighted exposure amounts are calculated using the Supervisory Formula Method, the following requirements shall apply:
V primeru polnega kreditnega zavarovanja, kjer se zneski tveganju prilagojenih izpostavljenosti izračunavajo z uporabo metode nadzorniške formule, veljajo naslednje zahteve:
the institution shall determine the 'effective risk weight' of the position.
institucija določi "efektivno utež tveganja" pozicije.
It shall do this by dividing the risk-weighted exposure amount of the position by the exposure value of the position and multiplying the result by 100;
To naredi tako, da znesek tveganju prilagojenih izpostavljenosti pozicije deli z vrednostjo izpostavljenosti pozicije in rezultat pomnoži s 100;
in the case of funded credit protection, the risk-weighted exposure amount of the securitisation position shall be calculated by multiplying the funded protection-adjusted exposure amount of the position (E*), as calculated under Chapter 4 for the calculation of risk-weighted exposure amounts under Chapter 2 taking the amount of the securitisation position to be E, by the effective risk weight;
v primeru stvarnega kreditnega zavarovanja se znesek tveganju prilagojenih izpostavljenosti pozicije v listinjenju izračuna tako, da se stvarnemu kreditnemu zavarovanju prilagojeno vrednost izpostavljenosti pozicije (E*), kakor se izračuna v skladu s poglavjem 4 za izračun zneskov tveganju prilagojenih izpostavljenosti iz poglavja 2, pomnoži z efektivno utežjo tveganja, pri čemer je E znesek pozicije v listinjenje;
in the case of unfunded credit protection, the risk-weighted exposure amount of the securitisation position shall be calculated by multiplying the amount of the protection adjusted for any currency mismatch and maturity mismatch (GA) in accordance with the provisions of Chapter 4 by the risk weight of the protection provider; and adding this to the amount arrived at by multiplying the amount of the securitisation position minus GA by the effective risk weight.
v primeru osebnega kreditnega zavarovanja se znesek tveganju prilagojenih izpostavljenosti pozicije v listinjenju izračuna tako, da se vrednost zavarovanja, prilagojenega za morebitne valutne neusklajenosti in neusklajenosti zapadlosti (GA) v skladu z določbami poglavja 4, pomnoži z utežjo tveganja dajalca zavarovanja; rezultat se nato prišteje znesku, ki se izračuna tako, da se vrednost pozicije v listinjenju, od katere se odšteje GA, pomnoži z efektivno utežjo tveganja.
In the case of partial protection, where risk-weighted exposure amounts are calculated using the Supervisory Formula Method, the following requirements shall apply:
V primeru delnega kreditnega zavarovanja, kjer se zneski tveganju prilagojenih izpostavljenosti izračunavajo z uporabo metode nadzorniške formule, veljajo naslednje zahteve:
if the credit risk mitigation covers the first loss or losses on a proportional basis on the securitisation position, the institution may apply paragraph 2;
če zmanjševanje kreditnega tveganja pokriva prvo izgubo ali sorazmerne izgube pri poziciji v listinjenju, lahko institucija uporabi odstavek 2;
in other cases, the institution shall treat the securitisation position as two or more positions with the uncovered portion being considered the position with the lower credit quality.
V drugih primerih institucija pozicijo v listinjenju obravnava kot dve ali več pozicij, pri čemer se šteje, da je nekriti delež pozicija z nižjo kreditno kakovostjo.
For the purposes of calculating the risk-weighted exposure amount for this position, the provisions in Article 262 shall apply subject to the adjustment of T to e* in the case of funded credit protection and to T-g in the case of unfunded credit protection, where e* denotes the ratio of E* to the total notional amount of the underlying pool, where E* is the adjusted exposure amount of the securitisation position calculated in accordance with the provisions of Chapter 4 as they apply for the calculation of risk-weighted exposure amounts under Chapter 2 taking the amount of the securitisation position to be E; and g is the ratio of the nominal amount of credit protection, adjusted for any currency or maturity mismatch in accordance with the provisions of Chapter 4, to the sum of the exposure amounts of the securitised exposures.
Za namen izračuna zneska tveganju prilagojenih izpostavljenosti za to pozicijo se uporabljajo določbe člena 262, pri čemer se upoštevajo določene prilagoditve, in sicer v primeru stvarnega kreditnega zavarovanja se T prilagodi v e*, v primeru osebnega kreditnega zavarovanja pa v T-g, kjer je e* razmerje med E* in skupnim hipotetičnim zneskom osnovne skupine; E* je prilagojena vrednost izpostavljenosti pozicije v listinjenju, izračunana v skladu z določbami poglavja 4, kakor se uporabljajo za izračun zneskov tveganju prilagojenih izpostavljenosti v skladu s poglavjem 2, pri čemer je E znesek pozicije v listinjenju; g je razmerje med nominalnim zneskom kreditnega zavarovanja, prilagojenim za morebitno valutno neusklajenost ali neusklajenost zapadlosti v skladu z določbami poglavja 4, in vsoto vrednosti listinjenih izpostavljenosti.
In the case of unfunded credit protection the risk weight of the protection provider shall be applied to that portion of the position not falling within the adjusted value of T.
V primeru osebnega kreditnega zavarovanja se utež dajalca zavarovanja uporabi za tisti delež pozicije, ki ni zajet v prilagojeni vrednosti T.
Where, in the case of unfunded credit protection, competent authorities have granted the institution permission to calculate risk-weighted exposure amounts for comparable direct exposures to the protection provider in accordance with Chapter 3, the risk weight g of exposures to the protection provider in accordance with Article 235 shall be determined as specified in Chapter 3.
Če so v primeru osebnega kreditnega zavarovanja pristojni organi izdali instituciji dovoljenje, da zneske tveganju prilagojenih izpostavljenosti za primerljive neposredne izpostavljenosti do dajalca zavarovanja izračunava v skladu s poglavjem 3, se utež tveganja g pri izpostavljenostih do dajalca zavarovanja v skladu s členom 235 določi, kakor je to opredeljeno v poglavju 3.
In addition to the risk-weighted exposure amounts calculated in respect of its securitisation positions, an originator institution shall calculate a risk-weighted exposure amount in accordance with the methodology set out in Article 256 when it sells revolving exposures into a securitisation that contains an early amortisation provision.
Poleg zneskov tveganju prilagojenih izpostavljenosti, izračunanih v zvezi s pozicijami v listinjenju, institucija v vlogi originatorja dodatno izračunava znesek tveganju prilagojenih izpostavljenosti v skladu z metodologijo, določeno v členu 256, ko proda obnavljajoče se izpostavljenosti v listinjenje, ki vsebuje določbo o predčasnem odplačilu.
By way of derogation from Article 256, the exposure value of the originators interest shall be the sum of the following items:
Z odstopanjem od člena 256 je vrednost izpostavljenosti udeležbe originatorja seštevek naslednjega:
the exposure value of that notional part of a pool of drawn amounts sold into a securitisation, the proportion of which in relation to the amount of the total pool sold into the structure determines the proportion of the cash flows generated by principal and interest collections and other associated amounts which are not available to make payments to those having securitisation positions in the securitisation;
vrednosti izpostavljenosti tistega hipotetičnega dela črpanih zneskov iz skupine, prodanih v listinjenje, katerega delež v razmerju do zneska celotne skupine, prodane v strukturo, določa delež denarnih tokov iz naslova glavnice in zbranih obresti ter drugih povezanih zneskov, ki niso na voljo za opravljanje plačil tistim, ki imajo pozicije v listinjenju;
the exposure value of that part of the pool of undrawn amounts of the credit lines, the drawn amounts of which have been sold into the securitisation, the proportion of which to the total amount of such undrawn amounts is the same as the proportion of the exposure value described in point (a) to the exposure value of the pool of drawn amounts sold into the securitisation.
vrednosti izpostavljenosti tistega dela nečrpanih zneskov kreditnih linij iz skupine, katerih črpani zneski so bili prodani v listinjenje, katerih delež v skupnem znesku takih nečrpanih zneskov je enak deležu vrednosti izpostavljenosti, opisanemu v točki (a), v vrednosti izpostavljenosti črpanih zneskov iz skupine, prodanih v listinjenje.
The exposure value of the Investors' interest shall be the exposure value of the notional part of the pool of drawn amounts not falling within point (a) plus the exposure value of that part of the pool of undrawn amounts of credit lines, the drawn amounts of which have been sold into the securitisation, not falling within point (b).
Vrednost izpostavljenosti udeležbe investitorjev je vrednost izpostavljenosti hipotetičnega dela črpanih zneskov iz skupine, ki ni zajet pod točko (a) in ki se ji prišteje vrednost izpostavljenosti tistega dela nečrpanih zneskov kreditnih linij iz skupine, katerih črpani zneski so bili prodani v listinjenje, ki ni zajeto pod točko (b).
The risk-weighted exposure amount in respect of the exposure value of the originator's interest in accordance with point (a) of paragraph 2 shall be calculated as that for a pro-rata exposure to the securitised drawn amounts exposures as if they had not been securitised and a pro rata exposure to the undrawn amounts of the credit lines, the drawn amounts of which have been sold into the securitisation.
Znesek tveganju prilagojenih izpostavljenosti za vrednost izpostavljenosti udeležbe originatorja v skladu z odstavkom 2(a) se izračuna kot sorazmerna izpostavljenost do črpanih zneskov listinjenih izpostavljenosti, kot da te ne bi bile listinjene, in sorazmerna izpostavljenost do nečrpanih zneskov kreditnih linij, katerih črpani zneski so bili prodani v listinjenje.
The risk-weighted exposure amount of a securitisation position to which a 1250 % risk weight is assigned may be reduced by 12,5 times the amount of any specific credit risk adjustments treated in accordance with Article 110 made by the institution in respect of the securitised exposures.
Znesek tveganju prilagojenih izpostavljenosti za pozicijo v listinjenju, za katero se uporabi utež tveganja 1250 %, se lahko zmanjša za 12,5-kratni znesek morebitnih posebnih popravkov zaradi kreditnega tveganja v skladu s členom 110, ki jih je napravila institucija v zvezi z listinjenimi izpostavljenostmi.
To the extent that specific credit adjustments are taken account of for this purpose they shall not be taken account of for the purposes of the calculation laid down in Article 159.
V kolikor so upoštevani popravki zaradi kreditnrga tveganja v ta namen, se ti ne upoštevajo za namene izračuna, določenega v členu 159.
The risk-weighted exposure amount of a securitisation position may be reduced by 12,5 times the amount of any specific credit risk adjustments treated in accordance with Article 110 made by the institution in respect of the position.
Znesek tveganju prilagojenih izpostavljenosti za pozicijo v listinjenju se lahko zmanjša za 12,5-kratni znesek morebitnih posebnih popravkov zaradi kreditnega tveganja, ki se obravnavajo v skladu s členom 110 in ki jih napravi institucija v zvezi s pozicijo.
As provided in Article 36(1)(k) in respect of a securitisation position in respect of which a 1250 % risk weight applies, institutions may, as an alternative to including the position in their calculation of risk-weighted exposure amounts, deduct from own funds the exposure value of the position subject to the following:
V skladu s členom 36(1)(k) lahko institucije namesto vključitve pozicije v listinjenju, za katero se uporablja utež tveganja 1250 %, v svoje izračune zneskov tveganju prilagojenih izpostavljenosti, v zvezi s to pozicijo odbijejo vrednost izpostavljenosti pozicije od kapitala ob upoštevanju naslednjega:
the exposure value of the position may be derived from the risk-weighted exposure amounts taking into account any reductions made in accordance with paragraphs 1 and 2;
vrednost izpostavljenosti pozicije se lahko izvede iz zneskov tveganju prilagojenih izpostavljenosti, ob upoštevanju morebitnih zmanjšanj, opravljenih v skladu z odstavkoma 1 in 2;
the calculation of the exposure value may reflect eligible funded protection in a manner consistent with the methodology prescribed in Articles 247 and 264;
izračun vrednosti izpostavljenosti lahko odraža primerno stvarno kreditno zavarovanje na način, ki je skladen z metodologijo, predpisano v členih od 247 do 264;
where the Supervisory Formula Method is used to calculate risk-weighted exposure amounts and L < KIRBR and [L+T] > KIRBR the position may be treated as two positions with L equal to KIRBR for the more senior of the positions.
če se za izračun zneskov tveganju prilagojenih izpostavljenosti uporablja metoda nadzorniške formule ter L < KIRBR in [L+T] > KIRBR, se lahko pozicijo obravnava kot dve poziciji, kjer je za pozicijo, ki je bolj nadrejena, L enak KIRBR.
Where an institution makes use of the option in paragraph 3 it may subtract 12,5 times the amount deducted in accordance with that paragraph from the amount specified in Article 260 as the amount to which the risk-weighted exposure amount in respect of its positions in a securitisation may be limited.
Če institucija uporabi možnost iz odstavka 3, lahko odšteje 12,5-kratnik zneska, ki je bil v skladu s tem odstavkom odbit od zneska, opredeljenega v členu 260 kot znesek, na katerega je lahko omejen znesek tveganju prilagojenih izpostavljenosti za pozicije v listinjenju.
Use of Credit Assessments by ECAIs
Uporaba bonitetnih ocen ECAI
Institutions may use credit assessments to determine the risk weight of a securitisation position only where the credit assessment has been issued or has been endorsed by an ECAI in accordance with Regulation (EC) No 1060/2009.
Institucije lahko uporabljajo bonitetne ocene za določanje uteži tveganja za pozicijo v listinjenju, le če je bonitetno oceno izdala ali potrdila ECAI v skladu z Uredbo (ES) št. 1060/2009.
Article 268
člen 268
Requirements to be met by the credit assessments of ECAIs
Zahteve, ki jih morajo izpolnjevati bonitetne ocene ECAI
For the purposes of calculating risk-weighted exposure amounts in accordance with Section 3, institutions shall only use a credit assessment of an ECAI if the following conditions are met:
Za namene izračuna zneskov tveganju prilagojenih izpostavljenosti v skladu z oddelkom 3, lahko institucije uporabijo bonitetne ocene ECAI, samo če so izpolnjeni naslednji pogoji:
there shall be no mismatch between the types of payments reflected in the credit assessment and the types of payment to which the institution is entitled under the contract giving rise to the securitisation position in question;
ni nobene neskladnosti med vrstami plačil, ki se odražajo v bonitetni oceni, in vrstami plačil, do katerih je institucija upravičena v skladu s pogodbo, iz katere izhaja zadevna pozicija v listinjenju;
loss and cash-flow analysis as well as sensitivity of ratings to changes in the underlying ratings assumptions, including the performance of pool assets, shall be published by the ECAI as well as the credit assessments, procedures, methodologies, assumptions, and the key elements underpinning the assessments in accordance with Regulation (EC) No 1060/2009.
ECAI objavi analizo izgub in denarnih tokov ter občutljivost ocen na spremembe v osnovnih predpostavkah glede ocen, vključno z uspešnostjo skupine izpostavljenosti, pa tudi bonitetne ocene, postopke, metodologije, predpostavke in ključne elemente, ki so temelj ocene, v skladu z Uredbo (ES) št. 1060/2009.
Information that is made available only to a limited number of entities shall not be considered to have been published.
Informacije, ki so so dostopne samo omejenemu številu subjektov, se ne štejejo kot objavljene.
The credit assessments shall be included in the ECAI's transition matrix;
Bonitetne ocene so vključene v matriko prehodov ECAI;
the credit assessment shall not be based or partly based on unfunded support provided by the institution itself.
bonitetna ocena niti v celoti niti delno ne temelji na osebni podpori, ki jo zagotavlja sama institucija.
In such case, the institution shall consider the relevant position for the purposes of calculating risk-weighted exposure amounts for this position in accordance with Section 3 as if it were not rated.
V tem primeru institucija za namene izračuna zneskov tveganju prilagojenih izpostavljenosti v skladu z oddelkom 3 obravnava zadevno pozicijo, kot da ni ocenjena.
The ECAI shall be committed to publish explanations how the performance of pool assets affects this credit assessment.
ECAI je zavezana k objavi obrazložitev o tem, kako uspešnost skupine izpostavljenosti vpliva na bonitetno oceno.
Article 269
člen 269
Use of credit assessments
Uporaba bonitetnih ocen
An institution may nominate one or more ECAIs the credit assessments of which shall be used in the calculation of its risk-weighted exposure amounts under this Chapter (a 'nominated ECAI').
Institucija lahko imenuje eno ali več ECAI, katerih bonitetne ocene se v skladu s tem poglavjem uporabljajo za izračun zneskov tveganju prilagojenih izpostavljenosti ("imenovana ECAI").
An institution shall use credit assessments consistently and not selectively in respect of its securitisation positions, in accordance with the following principles:
Institucija za svoje pozicije v listinjenju uporablja bonitetne ocene dosledno in neselektivno, v skladu z naslednjimi načeli:
an institution may not use an ECAI's credit assessments for its positions in some tranches and another ECAI's credit assessments for its positions in other tranches within the same securitisation that may or may not be rated by the first ECAI;
institucija za svoje pozicije v nekaterih tranšah ne sme uporabiti bonitetnih ocen ene ECAI, za svoje pozicije v drugih tranšah v okviru istega listinjenja, ki jih je ali jih ni ocenila prva ECAI, pa bonitetne ocene druge ECAI;
where a position has two credit assessments by nominated ECAIs, the institution shall use the less favourable credit assessment;
kadar ima pozicija dve bonitetni oceni imenovanih ECAI, institucija uporabi manj ugodno bonitetno oceno;
where a position has more than two credit assessments by nominated ECAIs, the two most favourable credit assessments shall be used.
kadar ima pozicija več kot dve bonitetni oceni imenovanih ECAI, se uporabita dve najugodnejši bonitetni oceni.
If the two most favourable assessments are different, the less favourable of the two shall be used;
Če sta dve najugodnejši bonitetni oceni različni, se uporabi manj ugodno bonitetno oceno;
an institution shall not actively solicit the withdrawal of less favourable ratings.
institucija na lastno pobudo ne zaprosi za umik manj ugodnih bonitetnih ocen.
Where credit protection eligible under Chapter 4 is provided directly to the SSPE, and that protection is reflected in the credit assessment of a position by a nominated ECAI, the risk weight associated with that credit assessment may be used.
Če se kreditno zavarovanje, ki izpolnjuje pogoje iz poglavja 4, zagotovi neposredno SSPE in se odraža v bonitetni oceni pozicije, ki jo poda imenovana ECAI, se lahko uporabi utež tveganja, povezana s to bonitetno oceno.
Where the protection is not eligible under Chapter 4, the credit assessment shall not be recognised.
Če zavarovanje ne izpolnjuje pogojev iz poglavja 4, se bonitetna ocena ne prizna.
Where the credit protection is not provided to the SSPE but directly to a securitisation position, the credit assessment shall not be recognised.
Če se kreditno zavarovanje ne zagotovi SSPE, temveč neposredno poziciji v listinjenju, se bonitetna ocena ne prizna.
Article 270
člen 270
Mapping
Vzporejanje
EBA shall develop draft implementing technical standards to determine, for all ECAIs, which of the credit quality steps set out in this Chapter are associated with the relevant credit assessments of an ECAI.
EBA pripravi osnutke izvedbenih tehničnih standardov, da se za vse ECAI določi, kateri stopnji kreditne kakovosti iz tega poglavja ustrezajo zadevne bonitetne ocene ECAI.
Those determinations shall be objective and consistent, and carried out in accordance with the following principles:
To določanje mora biti objektivno in dosledno ter izvedeno v skladu z naslednjimi načeli:
EBA shall differentiate between the relative degrees of risk expressed by each assessment;
EBA razlikuje med relativnimi stopnjami tveganja, ki jih odraža posamezna bonitetna ocena;
EBA shall consider quantitative factors, such as default and/or loss rates and the historical performance of credit assessments of each ECAI across different asset classes;
EBA upošteva kvantitativne dejavnike, kot so stopnje neplačil in/ali stopnje izgub, ter preteklo kakovost bonitetnih ocen vsake ECAI pri različnih kategorijah sredstev;
EBA shall consider qualitative factors such as the range of transactions assessed by the ECAI, its methodology and the meaning of its credit assessments, in particular whether based on expected loss or first Euro loss, and to timely payment of interest or to ultimate payment of interest;
EBA upošteva kvalitativne dejavnike, kot je razpon poslov, ki jih oceni ECAI, ter metodologijo in pomen bonitetnih ocen, zlasti v zvezi s tem, ali temelji na pričakovani izgubi ali na prvi izgubi v eurih, ter pravočasno plačilo obresti ali plačilo obresti ob zapadlosti;
EBA shall seek to ensure that securitisation positions to which the same risk weight is applied on the basis of the credit assessments of ECAIs are subject to equivalent degrees of credit risk.
EBA si prizadeva zagotoviti, da za pozicije v listinjenju, za katere se na podlagi bonitetnih ocen ECAI uporabi enaka utež tveganja, veljajo enakovredne stopnje kreditnega tveganja.
EBA shall consider amending its determination as to the credit quality step with which a particular credit assessment shall be associated, as appropriate.
EBA preuči, če je ustrezno, možnost spremembe določanja stopnje kreditne kakovosti, s katero je povezana določena bonitetna ocena.
EBA shall submit those draft implementing technical standards to the Commission by 1 July 2014.
EBA predloži Komisiji navedene osnutke izvedbenih tehničnih standardov do 1. julija 2014.
Counterparty credit risk
Kreditno tveganje nasprotne stranke
Determination of the exposure value
Določanje vrednosti izpostavljenosti
An institution shall determine the exposure value of derivative instruments listed in Annex II in accordance with this Chapter.
Vrednost izpostavljenosti izvedenih finančnih instrumentov, naštetih v Prilogi II, institucija določi v skladu s tem poglavjem.
An institution may determine the exposure value of repurchase transactions, securities or commodities lending or borrowing transactions, long settlement transactions and margin lending transactions in accordance with this Chapter instead of making use of Chapter 4.
Vrednosti izpostavljenosti repo poslov, poslov posoje/izposoje vrednostnih papirjev ali blaga, poslov z dolgim rokom poravnave in poslov kreditiranja za povečanje trgovalnega portfelja institucija lahko določi v skladu s tem poglavjem, namesto s poglavjem 4.
For the purposes of this Chapter and of Title VI of this Part, the following definitions shall apply:
Za namene tega poglavja in naslova VI tega dela se uporablja naslednja opredelitev pojmov: