natgillin/translations-raw huggingface dataset:
See the Commission Decision of 25 January 2010 in case N 194/2009 UK, liquidation aid to Bradford & Bingley, OJ C 143, 2.6.2010, p. 22, and the Commission Decision of 25 January 2010 in case NN 19/2009 UK, Dunfermline Building Society, OJ C 101, 20.4.2010, p. 8.
Glej Sklep Komisije z dne 25. oktobra 2010 v zadevi N 194/2009, Združeno kraljestvo, Pomoč za likvidacijo banke Bradford & Bingley, UL C 143, 2.6.2010, str. 22, in Sklep Komisije z dne 25. januarja 2010 v zadevi NN 19/2009, Združeno kraljestvo, Dunfermline Building Society, UL C 101, 20.4.2010, str. 8.
That provision is in fact displaced by point 49 of the Banking Communication in the context of a liquidation procedure.
To določbo v okviru likvidacijskega postopka nadomešča točka 49 Sporočila o bančništvu.
It seems unlikely that the expected RoE of the Verbundbank, ranging from 2.2 % to 4.5 %, would have been sufficient to establish its viability as a stand-alone entity.
Zdi se malo verjetno, da bi pričakovana donosnost kapitala Verbundbank, ki znaša med 2,2 % in 4,5 %, zadostovala za zagotovitev uspešnega poslovanja kot samostojni subjekt.
The Commission in recent decisions has typically considered a RoE range of 8-10 % to be appropriate.
Komisija je v nedavnih sklepih običajno za ustrezno štela donosnost kapitala med 8 in 10 %.
See the Commission Decision of 18 July 2011 in case SA.28264 (C 15/2009, ex N 196/2009), Hypo Real Estate, not yet published, recital 111; the Commission Decision of 29 September 2010 in case C 32/09 (ex NN 50/09), Sparkasse KölnBonn, OJ L 235, 10.9.2011, p. 12, recital 82; the Commission Decision of 23 June 2011 in case SA.32745 (2011/NN), Kommunalkredit Austria AG, OJ C 239, 17.8.2011, p. 2, recital 80; and the Commission Decision of 23 May 2011 in case SA.31154 (N 429/10), Agricultural Bank of Greece, OJ C 317, 29.10.2011, p. 5, recital 77.
Glej Sklep Komisije z dne 18. julija 2011 v zadevi SA.28264 (C 15/2009, ex N 196/2009), Hypo Real Estate, še ni objavljena, uvodna izjava 111; Sklep Komisije z dne 29. septembra 2010 v zadevi C 32/09 (ex NN 50/09), Sparkasse KölnBonn, UL L 235, 10.9.2011, str. 12, uvodna izjava 82; Sklep Komisije z dne 23. junija 2011 v primeru SA.32745 (2011/NN), Kommunalkredit Austria AG, UL C 239, 17.8.2011, str. 2, uvodna izjava 80; in Sklep Komisije z dne 23. maja 2011 v zadevi SA.31154 (N 429/10), Grška kmetijska banka, UL C 317, 29.10.2011, str. 5, uvodna izjava 77.
Commission Decision of 28 October 2009 in case C 14/2008, Northern Rock, OJ L 112, 5.5.2010, p. 57, recitals 154–156.
Odločba Komisije z dne 28. oktobra 2009 v zadevi C 14/2008, Northern Rock, UL L 112, 5.5.2010, str. 57, uvodne izjave 154–156.
See the Commission Decision of 2 June 1999 in case 2005/536/EC, Seleco SpA, OJ L 227, 7.9.2000, p. 24.
Glej Odločbo Komisije z dne 2. junija 1999 v zadevi 2005/536/ES, Seleco SpA, UL L 227, 7.9.2000, str. 24.
That absence of economic succession is particularly evident from the purpose of the transfer, which was not to continue to operate cleansed parts of WestLB, but to find a safe haven for certain liabilities of the savings banks and to take over some of the burden for winding down parts of WestLB.
Ta odsotnost gospodarskega nasledstva je zlasti očitna iz namena prenosa, ki ni bil nadaljevati upravljanje očiščenih delov banke WestLB, ampak najti varno zatočišče za nekatere obveznosti hranilnic in prevzeti del bremena za likvidacijo delov WestLB.
Indeed the business objective of the Verbundbank is to focus on those products that are relevant for the cooperation with the savings banks (mainly loans to SMEs as well as simple capital market products) and differs substantially from the current business objective of WestLB.
Poslovni cilj Verbundbank je osredotočiti se na tiste produkte, ki so pomembni za sodelovanje s hranilnicami (predvsem posojila malim in srednjim podjetjem ter tudi preprosti produkti kapitalskih trgov), pri čemer se zelo razlikuje od trenutnega poslovnega cilja banke WestLB.
Finally, if the Verbundbank is transferred to Helaba there is also no identity of the shareholders apart from the savings banks associations, which become a minority shareholder in Helaba in return for the capital provided.
Končno, če se Verbundbank prenese na banko Helaba, identiteta delničarjev ni poznana, z izjemo združenj hranilnic, ki v zameno za zagotovljen kapital postanejo manjšinski delničar v Helabi.
Commission Decision of 28 October 2009 in case C 14/2008, Northern Rock, OJ L 112, 5.5.2010, p. 38.
Odločba Komisije z dne 28. oktobra 2009 v zadevi C 14/2008, Northern Rock, UL L 112, 5.5.2010, str. 38.
Commission Decision of 18 July 2011 in case SA.28264 (C 15/2009, ex N 196/2009), Hypo Real Estate, not yet published.
Sklep Komisije z dne 18. julija 2011 v zadevi SA.28264 (C 15/2009, ex N 196/2009), Hypo Real Estate, še ni objavljen.
Company name: Germany undertakes that WestLB AG, the Verbundbank, the SPM bank and any (successor) company of the WestLB group will no longer use the name 'WestLB' after 30 June 2012, unless technical obstacles delay that change of name by up to three months.
Naziv podjetja: Nemčija se zavezuje, da banke WestLB AG, Verbundbank, SPM in katera koli (naslednica) družba skupine WestLB po 30. juniju 2012 ne bodo več uporabljale imena „WestLB“, pri čemer se sprememba imena lahko zaradi tehničnih ovir zavleče do največ treh mesecev.
That exclusion applies also to any use of the word 'WestLB' as part of another name.
Ta izključitev velja tudi za kakršno koli uporabo besede „WestLB“ kot del drugega imena.
In respect of the Verbundbank, Germany undertakes that:
Nemčija se v zvezi z Verbundbank zavezuje, da:
A stand-alone solution will not be pursued for the Verbundbank.
za njo ne bo iskala samostojne rešitve;
All parties will implement the commitments under the framework agreement unchanged and on time so as to ensure sufficient transactional certainty, in particular with regard to the object of the transaction and ‘zero company value’, and transferral of the Verbundbank will be implemented by 30 June 2012 at the latest [1].
vse strani bodo zaveze iz okvirnega sporazuma izvajale nespremenjeno in pravočasno, da se zagotovi zadostna transakcijska gotovost, zlasti v zvezi s predmetom transakcije in „nično vrednostjo podjetja“, pri čemer se bo izločitev Verbundbank izvedla najpozneje do 30. junija 2012 [1];
The company's value will be established on time by the auditor and all parties will respect the result on the basis of the framework agreement of 23 June 2011.
vrednost podjetja pravočasno določi revizor, pri čemer vse strani spoštujejo rezultat na podlagi okvirnega sporazuma z dne 23. junija 2011;
The Land NRW will in future not have any ownership position in the Verbundbank, acquire shares in it or otherwise financially support it.
Dežela NRW v prihodnosti ne bo imela lastniškega položaja v Verbundbank, kupovala delnic v njej ali jo drugače finančno podpirala.
Any transfer of the giro centre function (Girozentralfunktion) by the Land NRW will not be deemed as support in this respect.
Vsak prenos osrednje klirinške funkcije (Girozentralfunktion) dežele NRW v zvezi s tem se ne bo štel za podporo.
The above commitments will remain subject to the conditions and effectiveness requirements set out in section VIII of the framework agreement of 23 June 2011.
Za navedene zaveze bodo še vedno veljali pogoji in zahteve v zvezi z učinkovitostjo iz oddelka VIII okvirnega sporazuma z dne 23. junija 2011.
In respect of the SPM bank (the renamed successor of WestLB), Germany undertakes that:
Nemčija se v zvezi z banko SPM (preimenovana naslednica banke WestLB) zavezuje, da:
The restructuring will be supervised for the entire period up to the end of 2016 with the help of a monitoring trustee and the implementation will be reported on in quarterly reports.
bo prestrukturiranje nadzorovano v celotnem obdobju do konca leta 2016 ob pomoči fiduciarja za spremljanje, pri čemer se o izvajanju poroča v četrtletnih poročilih.
There will be a separate agreement between the Federal Government, the Land of NRW, WestLB and the Commission for appointing, and specifying the tasks of, the monitoring trustee as from 30 June 2012.
Med zvezno vlado, deželo NRW, banko WestLB in Komisijo bo sprejet ločen sporazum za imenovanje in opredelitev nalog fiduciarja za spremljanje, in sicer od 30. junija 2012;
The SPM bank will focus exclusively on asset management, will no longer operate as a universal bank and will perform banking transactions only as part of its asset management activities.
bo banka SPM osredotočena izključno na upravljanje sredstev, ne bo več delovala kot univerzalna banka in bo bančne transakcije izvajala le v okviru dejavnosti na področju upravljanja sredstev.
In this context, asset management means that the SPM bank may offer the following services:
Upravljanje sredstev v tem okviru pomeni, da lahko banka SPM zagotavlja naslednje storitve:
i. general portfolio management/control including workout management, liquidation and sale, credit risk analysis, credit risk processing and supervision;
i. splošno upravljanje/nadzorovanje portfeljev, vključno z upravljanjem, likvidacijo in prodajo slabih posojil, analizo kreditnega tveganja, obdelavo in nadzorovanje kreditnega tveganja;
credit risk controlling, regulatory reporting, operational risk, management of market risks;
nadzor bonitetnih tveganj, regulativno poročanje, operativno tveganje, upravljanje tržnih tveganj;
credit administration, management and supervision of securities, general maintenance and administration of the securities database;
kreditno upravljanje, vodenje in nadzorovanje vrednostnih papirjev, splošno vzdrževanje in upravljanje zbirke podatkov vrednostnih papirjev;
back office (group operations) including collateral management;
zaledne operacije (skupinske operacije), vključno z upravljanjem zavarovanja;
v. funding, hedging, cash management;
v. financiranje, zavarovanje, vodenje gotovinskega poslovanja;
financial reporting, controlling;
finančno poročanje, preverjanje;
corporate centre functions, such as law, compliance, money laundering prevention, administration of holdings, safekeeping of relevant documents, auditing, project management tasks;
osrednje poslovne funkcije, kot so pravo, skladnost, preprečevanje pranja denarja, upravljanje holdingov, varovanje zadevnih dokumentov, izvajanje revizij, naloge v zvezi z vodenjem projektov;
management of the bond pool if no buyer is found for the planned transfer of the bond business in WestLB to the Verbundbank/WestImmo;
upravljanje obveznic, če ni nobenega kupca za načrtovani prenos poslovanja z obveznicami z banke WestLB na Verbundbank/WestImmo;
IT services in the context of the above activities and as part of the provision of the operative platform;
storitve informacijske tehnologije v okviru navedenih dejavnosti in kot del zagotavljanja operativne platforme;
similar asset management activities not expressly mentioned.
podobne dejavnosti na področju upravljanja sredstev, ki niso izrecno navedene.
The business activities of the SPM bank do not include, in particular, proprietary trading, the issuing of any kind of certificate or other underwriting activities, the financing of projects and commercial transactions, asset-based finance, securitisation and syndicated loan activities, and international corporate banking.
Poslovne dejavnosti banke SPM ne zajemajo zlasti lastniškega trgovanja, izdajanja vseh vrst certifikatov ali drugih dejavnosti prodaje primarne izdaje finančnih instrumentov, financiranja projektov in poslovnih transakcij, storitev na področju finančnih sredstev, zavarovanih s premoženjem, listinjenja in sindiciranih posojil ter mednarodnih bančnih storitev za podjetja.
As part of its liquidation strategy, the first winding-up institution (EAA) may extend, sell or securitise the assets synthetically transferred to it.
Prva slaba banka (EAA) lahko v okviru svoje likvidacijske strategije izvede širitev, prodajo ali listinjenje sredstev, ki so se nanjo umetno prenesla.
In such cases, the SPM bank will act exclusively on behalf of and under the authority of the EAA.
Banka SPM bo v takih primerih delovala izključno v imenu banke EAA ali v skladu z njenimi pooblastili.
For the business activities of the SPM bank, on the basis of currently available information only the following partial authorisations will be required under the Banking Act (KWG):
Za poslovne dejavnosti banke SPM se na podlagi trenutno razpoložljivih informacij v okviru Zakona o bančništvu (KWG) zahtevajo le naslednje delne odobritve:
i. the acceptance of funds from others as deposits or of other repayable funds from the public (Article 1(1)(1) KWG) [2];
i. sprejetje tujih sredstev kot depoziti ali drugih vračljivih sredstev javnosti (člen 1(1)(1) KWG) [2];
the operations mentioned in the second sentence of Article 1(1) of the Pfandbrief Act (Article 1(1)(1a) KWG);
operacije iz drugega stavka člena 1(1) Zakona o hipotekarnih obveznicah (člen 1(1)(1a) KWG);
the granting of money loans and acceptance credits (lending business; Article 1(1)(2) KWG) [3];
odobritev denarnih posojil in akceptnih kreditov (posojilni posel, člen 1(1)(2) KWG) [3];
the purchase and sale of financial instruments in the credit institution’s own name for the account of others (Article 1(1)(4) KWG);
nakup in prodaja finančnih instrumentov v imenu kreditne institucije za druge (člen 1(1)(4) KWG);
v. the safe custody and administration of securities for the account of others (Article 1(1)(5) KWG);
v. varno skrbništvo in upravljanje vrednostnih papirjev za druge (člen 1(1)(5) KWG);
the assumption of guarantees and other warranties on behalf of others (Article 1(1)(8) KWG);
prevzem garancij in drugih jamstev v tujem imenu (člen 1(1)(8) KWG);
the execution of cashless payment and clearing operations (Article 1(1)(9) KWG);
izvedba brezgotovinskih plačilnih in klirinških operacij (člen 1(1)(9) KWG);
the activities of a central counterparty within the meaning of paragraph 31 (Article 1(1)(12) KWG).
dejavnosti osrednje stranke v smislu odstavka 31 (člen 1(1)(12) KWG).
The Commission will be informed immediately if other compulsory partial authorisations should be required under the KWG.
Komisija bo takoj obveščena, če bi bile v okviru KWG zahtevane tudi druge obvezne delne odobritve.
As soon as possible and by 31 December 2012 at the latest, the partial authorisations for the current universal banking licence that are no longer required will be returned or the current banking licence will be transformed into an appropriately limited banking licence [4].
Delne odobritve za trenutno univerzalno dovoljenje za opravljanje bančnih storitev, ki niso več potrebne, se čim prej in najpozneje do 31. decembra 2012 vrnejo ali pa se trenutno dovoljenje za opravljanje bančnih storitev spremeni v ustrezno omejeno dovoljenje za opravljanje bančnih storitev [4].
The need for banking licences for foreign operations and WestLB AG subsidiaries must still be analysed in connection with sub-project 3 on the ‘sale of sub-areas’ and the final means of transfer to the EAA of unsold portfolios.
Potrebo po dovoljenjih za opravljanje bančnih storitev za tuje operacije in hčerinske družbe banke WestLB AG je vseeno treba analizirati v povezavi s podprojektom 3 v zvezi s „prodajo podpodročij“ in končnim sredstvom prenosa neprodanih portfeljev na banko EAA.
With regard to third-party business: the Land of NRW will convert WestLB into a service and portfolio management bank ('SPM bank') for bank portfolios, which may consist of several companies.
V zvezi s poslovanjem s tretjimi osebami: dežela NRW bo banko WestLB spremenila v banko za zagotavljanje storitev in upravljanje portfeljev (banka „SPM“) za bančne portfelje, ki jo lahko sestavlja več družb.
In addition, the servicing of third-party portfolios business may be hived off to a service company and sold.
Poleg tega je mogoče upravljanje portfeljev tretjih oseb oddati družbi za upravljanje in prodati.
WestLB staff numbers will be reduced from the current 4400 to a maximum of 1000 in the service company by 31 October 2016.
Število zaposlenih v banki WestLB se bo do 31. oktobra 2016 zmanjšalo s trenutnih 4400 na največ 1000 v družbi za upravljanje.
To enable a subsequent sale, the SPM bank may during the period from 1 January 2012 to 31 December 2014 also take over servicing with regard to third-party portfolios (i.e. third-party business outside WestLB portfolios) up to a maximum of [40-60]% of the SPM bank’s gross revenues.
Da bi se omogočila poznejša prodaja, lahko banka SPM med 1. januarjem 2012 in 31. decembrom 2014 prevzame tudi upravljanje v zvezi s portfelji tretjih oseb (tj. poslovanje s tretjimi osebami poleg portfeljev banke WestLB) do največ [40–60] % bruto prihodkov banke SPM.
Where this is the case, the servicing business must be hived off by 31 December 2014 to a subsidiary of the SPM bank, which will receive a substantive banking licence only to the extent necessary for servicing and which must be completely sold by 31 December 2016.
V takem primeru je treba upravljanje do 31. decembra 2014 oddati hčerinski družbi banke SPM, ki bo prejela vsebinsko dovoljenje za opravljanje bančnih storitev le v obsegu, potrebnem za upravljanje, in ki jo je treba v celoti prodati do 31. decembra 2016.
The named subsidiary of the SPM Bank, viz. the service company, may likewise carry out servicing for the EAA, the Verbundbank and other WestLB portfolios.
Imenovana hčerinska družba banke SPM, tj. družba za upravljanje, lahko prav tako izvaja upravljanje za banko EAA, Verbundbank in druge portfelje banke WestLB.
The sale of the service company must be notified in advance to the Commission and requires its approval.
Prodajo družbe za upravljanje je treba vnaprej priglasiti Komisiji, ki jo mora tudi odobriti.
If no such sale is possible by 31 December 2016, the service company will be gradually wound up.
Če taka prodaja do 31. decembra 2016 ni mogoča, bo družba za upravljanje postopno likvidirana.
In such a case, it will immediately cease to acquire further third-party business and will exclusively fulfil its remaining contractual commitments.
V takem primeru takoj preneha s pridobivanjem dodatnih poslov s tretjimi osebami in bo izpolnjevala izključno preostale pogodbene obveznosti.
The service company's business may not be transferred back to the SPM bank or to other subsidiaries or locations of the SPM bank.
Poslovanje družbe za upravljanje se morda ne bo preneslo nazaj na banko SPM ali na druge hčerinske družbe ali lokacije banke SPM.
In the event of the service company being wound up, customers who had concluded a servicing contract with the service company before 31 December 2016 may take over the service company’s staff and infrastructure.
V primeru likvidacije družbe za upravljanje lahko stranke, ki so pogodbo za upravljanje z družbo za upravljanje sklenile pred 31. decembrom 2016, prevzamejo osebje in infrastrukturo družbe za upravljanje.
Service contracts of the service company which are valid beyond 31 December 2017 are permitted if the contract grants the customer a termination right, effective at 31 December 2017 at the latest, should the supplier (the service company) not have provided an adequate service or be unable to demonstrate the required capacity for the remaining period of the contract.
Storitvene pogodbe družbe za upravljanje, ki so veljavne po 31. decembru 2017, so dovoljene, če pogodba stranki zagotavlja pravico do prekinitve, ki začne veljati najpozneje 31. decembra 2017, če dobavitelj (družba za upravljanje) ne bi zagotovil primerne storitve ali ne bi mogel dokazati potrebne zmogljivosti za preostalo obdobje pogodbe.
If the planned sale is not successful, the service company will not have the required capacity for the remaining period of the contract.
Če načrtovana prodaja ni uspešna, družba za upravljanje ne bo imela potrebne zmogljivosti za preostalo obdobje pogodbe.
If privatisation fails, the German authorities will ensure that, with effect from 31 December 2017, either the service company ceases its activities or all shares are wound up, e.g. by means of a transfer.
Če privatizacija ne bo uspela, bodo nemški organi zagotovili, da bo družba za upravljanje po 31. decembru 2017 prekinila svoje dejavnosti ali da bodo vse delnice likvidirane, npr. prek prenosa.
The SPM bank/its subsidiaries will offer their services, including to third-parties, only at market prices.
Banka SPM/njene hčerinske družbe bodo svoje storitve zagotavljale le po tržnih cenah, in sicer tudi tretjim osebam.
The price structure of the service company must also cover overall costs (full cost allocation).
Cenovna struktura družbe za upravljanje mora kriti tudi skupne stroške (razdelitev vseh stroškov).
Overheads will be allocated to individual contracts in line with the business case for the service company sent to the Commission on 21 November 2011.
Med posamezne pogodbe se bodo razdelili upravni stroški v skladu s poslovnim primerom za družbo za upravljanje, ki je bil Komisiji poslan 21. novembra 2011.
The Commission may require an appropriate form of proof, for example a legal opinion, showing that regulatory requirements make this necessary.
Komisija lahko zahteva ustrezen dokaz, na primer pravno mnenje, ki dokazuje, da je to zahtevano v okviru regulativnih zahtev.
Irrespective of this, to fulfil its asset management function, the service company will be represented in New York, London and Asia for reasons of local expertise, coverage of time zones, reduction of operational risks and competitiveness.
Ne glede na to bo družba za upravljanje, da bi izpolnila svojo funkcijo zagotavljanja storitev, imela predstavništvo v New Yorku, Londonu in Aziji zaradi lokalnega strokovnega znanja in izkušenj, pokrivanja časovnih pasov, zmanjšanja operativnih tveganj in konkurenčnosti.
The limitations specified for the service company will no longer apply in the case of a complete sale of the service company.
Navedene omejitve za družbo za upravljanje se ne bodo več uporabljale v primeru popolne prodaje družbe za upravljanje.
In respect of the servicing of the first winding-up institution, Germany undertakes that any expansion or extension of the service contract until 31 December 2016 will respect the principles under 3e) and that subsequently the contract will be properly put out to tender and the termination rights under 3d) above will be provided for.
Nemčija se v zvezi z upravljanjem prve slabe banke obvezuje, da bo vsaka širitev ali podaljšanje storitvene pogodbe do 31. decembra 2016 upoštevala načela iz točke 3e) in da bo zagotovila pravilno zbiranje ponudb za pogodbo ter pravice do prekinitve iz točke 3d) zgoraj.
The general understanding of the parties is that the portfolios to be hived off to the Verbundbank and the EAA will be included in WestLB’s half-yearly financial statement for 2012 and only transferred immediately thereafter.
Strani so dogovorjene, da bodo portfelji, ki bodo oddani bankama Verbundbank in EAA, vključeni v polletno finančno poročilo banke WestLB za leto 2012, preneseni pa šele takoj zatem.
Germany would clarify that this partial authorisation is necessary only on account of ECB access and the winding up of existing business.
Nemčija pojasnjuje, da je ta delna odobritev potrebna le zaradi dostopa ECB in likvidacije obstoječega posla.
Therefore, no active business will be conducted on this basis and there will be no competitive presence in the market.
Zato se na tej podlagi ne bodo izvajali dejavni posli, pri čemer na trgu ne bo konkurenčne prisotnosti.
Germany would clarify that this partial authorisation is necessary only on account of the credit positions synthetically transferred to the EAA where the SPM bank is legally party to the credit contract.
Nemčija pojasnjuje, da je ta delna odobritev potrebna le zaradi kreditnih pozicij, umetno prenesenih na banko EAA, kadar je banka SPM zakonito pogodbenica kreditne pogodbe.
Upon request the Commission may agree to a more far-reaching arrangement.
Komisija lahko na zahtevo pristane na dolgoročnejšo ureditev.
In November 2010, the German authorities submitted comments which were supplemented on 21 December 2010.
Nemški organi so pripombe predložili novembra 2010 in jih dopolnili 21. decembra 2010.