natgillin/translations-raw huggingface dataset:
The 'evolutionary' nature of this Regulation enables institutions to choose amongst three approaches to credit risk of varying complexity.
"Razvojni" značaj te uredbe institucijam omogoča, da izbirajo med tremi različno kompleksnimi pristopi kreditne tveganosti.
In order to allow especially small institutions to opt for the more risk-sensitive IRB Approach, the relevant provisions should be read so that exposure classes include all exposures that are, directly or indirectly, put on a par with them throughout this Regulation.
Da bi lahko zlasti majhne institucije izbrala pristop IRB, ki je bolj občutljiv na tveganje, bi si bilo treba zadevne določbe v celotni uredbi razlagati tako, da bi kategorije izpostavljenosti vključevale vse izpostavljenosti, ki bi jim bile neposredno ali posredno enakovredne.
As a general rule, the competent authorities should not discriminate between the three approaches with regard to the Supervisory Review Process, i.e. institutions operating according to the provisions of the Standardised Approach should not for that reason alone be supervised on a stricter basis.
Na splošno velja, da pristojni organi ne bi smeli razlikovati med tremi pristopi glede procesa izvajanja nadzora, kar pomeni, da za institucije, ki bi se odločile za standardizirani pristop, ne bi smela veljati strožja pravila samo zaradi tega razloga.
Increased recognition should be given to techniques of credit risk mitigation within a framework of rules designed to ensure that solvency is not undermined by undue recognition.
Večje priznavanje bi moralo biti namenjeno tehnikam zmanjševanja kreditnega tveganja v okviru pravil, pripravljenih z namenom, da neprimerno priznavanje ne bi ogrozilo kapitalske ustreznosti.
The relevant Member States' current customary banking collateral for mitigating credit risks should wherever possible be recognised in the Standardised Approach, but also in the other approaches.
Kadar koli je to mogoče, bi bilo treba pri standardiziranem pristopu, pa tudi pri drugih pristopih, upoštevati relevantna običajna bančna zavarovanja za zmanjševanje kreditnih tveganj, ki so trenutno uveljavljene v državah članicah.
In order to ensure that the risks and risk reductions arising from institutions' securitisation activities and investments are appropriately reflected in the capital requirements of institutions it is necessary to include rules providing for a risk-sensitive and prudentially sound treatment of such activities and investments.
Da bi zagotovili, da se tveganja in zmanjševanja tveganj, ki izhajajo iz dejavnosti listinjenja in naložb institucij, ustrezno odražajo v kapitalskih zahtevah institucij, je treba vključiti pravila, ki zagotavljajo obravnavo takih dejavnosti in naložb, ki je občutljiva na tveganja in bonitetno zanesljiva.
To this end, a clear and encompassing definition of securitisation is needed that captures any transaction or scheme whereby the credit risk associated with an exposure or pool of exposures is tranched.
V ta namen je potrebna jasna in široka opredelitev listinjenja, ki bi zajemala kateri koli posel ali shemo, pri katerem se tranšira kreditno tveganje, povezano z izpostavljenostjo ali skupino izpostavljenosti.
An exposure that creates a direct payment obligation for a transaction or scheme used to finance or operate physical assets should not be considered an exposure to a securitisation, even if the transaction or scheme has payment obligations of different seniority.
Izpostavljenost, ki ustvari neposredno plačilno obveznost za posel ali shemo, ki se uporabi za financiranje ali upravljanje stvarnega premoženja, ne bi smela šteti za izpostavljenost iz naslova listinjenja, tudi če ima posel ali shema plačilne obveznosti različnih nadrejenosti.
Alongside surveillance aimed at ensuring financial stability, there is a need for mechanisms designed to enhance and develop an effective surveillance and prevention of potential bubbles in order to ensure optimum allocation of capital in the light of the macroeconomic challenges and objectives, in particular with respect to long term investment in the real economy.
Poleg nadzora, ki zagotavlja finančno stabilnost, bi bilo treba oblikovati tudi mehanizme, ki bi izboljšali in razvili učinkovito nadziranje in preprečevanje morebitnih balonov, da bi ob upoštevanju makroekonomskih izzivov in ciljev, zlasti pa dologoročnih naložb v realno gospodarstvo, zagotovili čim boljšo razporeditev kapitala.
Operational risk is a significant risk faced by institutions requiring coverage by own funds.
Operativno tveganje je pomembno tveganje, ki so mu izpostavljene institucije, ter zahteva kritje s kapitalom.
It is essential to take account of the diversity of institutions in the Union by providing alternative approaches to the calculation of operational risk requirements incorporating different levels of risk-sensitivity and requiring different degrees of sophistication.
Nujno je treba upoštevati raznovrstnost institucij v Uniji tako, da se omogočijo različni pristopi za izračun zahtev za operativno tveganje, ki vsebujejo različne stopnje občutljivosti na tveganja in zahtevajo različne stopnje izpopolnjenosti.
There should be appropriate incentives for institutions to move towards the more risk-sensitive approaches.
Institucije bi morale dobiti primerne spodbude za prehod na pristope, ki so bolj občutljivi na tveganja.
In view of the emerging state of the art for the measurement and management of operational risk the rules should be kept under review and updated as appropriate including in relation to the charges for different business lines and the recognition of risk mitigation techniques.
Glede na najnovejše nastajajoče tehnike za merjenje in upravljanje operativnega tveganja, bi bilo treba pravila pregledovati in ustrezno posodabljati, vključno v zvezi s stroški za različna poslovna področja in priznavanjem tehnik za zmanjševanje tveganja.
Particular attention should be paid in this regard to taking insurance into account in the simple approaches to calculating capital requirements for operational risk.
V tem smislu bi bilo treba posebno pozornost nameniti upoštevanju zavarovanj v enostavnih pristopih za izračun kapitalskih zahtev za operativno tveganje.
The monitoring and control of an institution's exposures should be an integral part of its supervision.
Spremljanje in kontrola izpostavljenosti institucije bi morala biti sestavni del nadzora nad njo.
Therefore, excessive concentration of exposures to a single client or group of connected clients may result in an unacceptable risk of loss.
Zato lahko čezmerne koncentracije izpostavljenosti do posamezne stranke ali skupine povezanih strank povzročijo nesprejemljivo tveganje nastanka izgub.
Such a situation can be considered prejudicial to the solvency of an institution.
Za tako stanje velja, da lahko neugodno vpliva na kapitalsko ustreznost institucije.
In determining the existence of a group of connected clients and thus exposures constituting a single risk, it is also important to take into account risks arising from a common source of significant funding provided by the institution itself, its financial group or its connected parties.
Pri določanju obstoja skupine povezanih strank in s tem izpostavljenosti, ki predstavljajo eno samo tveganje, je pomembno upoštevati tudi tveganja, ki izhajajo iz pomembnega skupnega vira financiranja, ki ga zagotavlja institucija sama, njena finančna skupina ali njene povezane osebe.
While it is desirable to base the calculation of the exposure value on that provided for the purposes of own funds requirements, it is appropriate to adopt rules for the monitoring of large exposures without applying risk weightings or degrees of risk.
Medtem ko je zaželeno, da izračun vrednosti izpostavljenosti temelji na izračunu, predvidenem za namene kapitalskih zahtev, je primerno sprejeti pravila za spremljanje velikih izpostavljenosti brez uporabe uteži ali stopnje tveganja.
Moreover, the credit risk mitigation techniques applied in the solvency regime were designed with the assumption of a well-diversified credit risk.
Poleg tega so bile tehnike za zmanjševanje kreditnega tveganja, ki se uporabljajo v režimu kapitalske ustreznosti, zasnovane ob predpostavki dobro razpršenega kreditnega tveganja.
In the case of large exposures dealing with single name concentration risk, credit risk is not well-diversified.
V primeru velikih izpostavljenosti, ki obravnavajo tveganje koncentracije za eno samo izpostavljenost (single name), kreditno tveganje ni dobro razpršeno.
The effects of those techniques should therefore be subject to prudential safeguards.
Zato bi bilo treba v zvezi s priznanjem učinkov teh tehnik uporabljati bonitetne varovalke.
Since a loss arising from an exposure to an institution can be as severe as a loss from any other exposure, such exposures should be treated and reported in the same manner as any other exposures.
Ker je izguba, ki izhaja iz izpostavljenosti do institucij, lahko prav tako velika kot izguba zaradi drugih izpostavljenosti, bi bilo treba te izpostavljenosti obravnavati in o njih poročati kot o vseh drugih izpostavljenostih.
An alternative quantitative limit has been introduced to alleviate the disproportionate impact of such an approach on smaller institutions.
Da bi zmanjšali nesorazmeren učinek takšnega pristopa na majhne institucije, je bila predvidena alternativna količinska omejitev.
In addition, very short-term exposures related to money transmission including the execution of payment services, clearing, settlement and custody services to clients are exempt to facilitate the smooth functioning of financial markets and of the related infrastructure.
Poleg tega so zelo kratkoročne izpostavljenosti, ki se nanašajo na prenos denarja, vključno z izvrševanjem plačilnih storitev, kliring, poravnavo in skrbniške storitve za stranke, izvzete, da se omogoči nemoteno delovanje finančnih trgov in z njimi povezanih infrastruktur.
Those services cover, for example, the execution of cash clearing and settlement and similar activities to facilitate settlement.
Te storitve zajemajo na primer izvajanje kliringa in poravnavo gotovinskih transakcij ter podobne dejavnosti, ki olajšujejo poravnavo.
The related exposures include exposures which might not be foreseeable and are therefore not under the full control of a credit institution, inter alia, balances on inter-bank accounts resulting from client payments, including credited or debited fees and interest, and other payments for client services, as well as collateral given or received.
Te izpostavljenosti zajemajo izpostavljenosti, ki jih morda ni mogoče predvideti in jih zato kreditna institucija ne more v celoti nadzorovati, med drugim stanja na medbančnih računih, ki izhajajo iz plačil strank, vključno z v dobro ali v breme knjiženimi provizijami in obrestmi, ter iz drugih plačil za storitve za stranke, kot tudi danih ali prejetih zavarovanj s premoženjem.
It is important that the interests of undertakings that 're-package' loans into tradable securities and other financial instruments (originators or sponsors) and undertakings that invest in these securities or instruments (investors) are aligned.
Treba bi bilo uskladiti interese družb, ki kredite preoblikujejo v vrednostne papirje, s katerimi se trguje, in druge finančne instrumente (originatorji ali sponzorji), ter družb, ki vlagajo v te vrednostne papirje ali instrumente (investitorji).
To achieve this, the originator or sponsor should retain a significant interest in the underlying assets.
Da bi to dosegli, bi morali originatorji ali sponzorji zadržati pomemben delež v osnovnih izpostavljenostih.
It is therefore important for the originators or the sponsors to retain exposure to the risk of the loans in question.
Zato je pomembno, da originatorji ali sponzorji zadržijo izpostavljenost tveganju iz naslova zadevnih kreditov.
More generally, securitisation transactions should not be structured in such a way as to avoid the application of the retention requirement, in particular through any fee or premium structure or both.
V splošnem posli listinjenja ne bi smeli biti strukturirani tako, da bi se izogibali zahtevi po zadržanju, zlasti prek struktur provizije ali premije ali obojih.
Such retention should be applicable in all situations where the economic substance of a securitisation is applicable, whatever legal structures or instruments are used to obtain this economic substance.
Takšno zadržanje bi bilo treba uporabiti v vseh okoliščinah, kjer gre za listinjenje po ekonomski vsebini, ne glede na to, kakšna pravna struktura ali instrument bi se uporabila za dosego takšne ekonomske vsebine.
In particular where credit risk is transferred by securitisation, investors should make their decisions only after conducting thorough due diligence, for which they need adequate information about the securitisations.
Zlasti če se kreditno tveganje prenese z listinjenjem, bi se morali investitorji odločati po opravljenem natančnem skrbnem pregledu, za kar potrebujejo ustrezne informacije o listinjenju.
This Regulation also provides that there be no multiple applications of the retention requirement.
Ta uredba tudi določa, da se zahteva po zadržanju ne sme večkratno uporabiti.
For any given securitisation it suffices that only the originator, the sponsor or the original lender is subject to the requirement.
Za vsako listinjenje zadošča, da zahteva velja le za originatorja, sponzorja ali prvotnega kreditodajalca.
Similarly, where securitisation transactions contain other securitisations as an underlying, the retention requirement should be applied only to the securitisation which is subject to the investment.
Podobno bi se morala zahteva po zadržanju uporabljati le za listinjenje, ki je predmet vlaganja, če so osnovne izpostavljenosti v listinjenju pozicije v drugem listinjenju.
Purchased receivables should not be subject to the retention requirement if they arise from corporate activity where they are transferred or sold at a discount to finance such activity.
Za odkupljene denarne terjatve zahteva po zadržanju ne bi smela veljati, če izhajajo iz korporativne dejavnosti in so prenesene ali prodane z diskontom zaradi financiranja te dejavnosti.
Competent authorities should apply the risk weight in relation to non-compliance with due diligence and risk management obligations in relation to securitisation for non-trivial breaches of policies and procedures which are relevant to the analysis of the underlying risks.
Pristojni organi bi morali v zvezi z neupoštevanjem obveznosti glede skrbnega pregleda in upravljanja tveganj pri listinjenju za znatne kršitve politik in postopkov, ki so pomembni za analiziranje pripadajočih tveganj, določiti ustrezno utež tveganja.
The Commission should also review whether avoidance of multiple applications of the retention requirement could be conducive to practices circumventing the retention requirement and whether the rules on securitisations are enforced effectively by the competent authorities.
Komisija bi morala tudi preučiti, ali bi izognitev večkratni uporabi zahtev po zadržanju lahko vodilo k praksam izognitve zahtevam po zadržanju in ali pristojni organi učinkovito izvajajo pravila o listinjenju.
Due diligence should be used in order to properly assess the risks arising from securitisation exposures for both the trading book and the non-trading book.
Da bi ustrezno ocenili tveganja za trgovalno in netrgovalno knjigo, ki nastajajo zaradi izpostavljenosti v listinjenju, bi bi bil potreben skrben pregled.
In addition, due diligence obligations need to be proportionate.
Poleg tega bi morale biti zahteve glede skrbnega pregleda sorazmerne.
Due diligence procedures should contribute to building greater confidence between originators, sponsors and investors.
Postopki skrbnega pregleda bi morali prispevati k večjemu zaupanju med originatorji, sponzorji in investitorji.
When an institution incurs an exposure to its own parent undertaking or to other subsidiaries of its parent undertaking, particular prudence is necessary.
Kadar v instituciji nastane izpostavljenost do njene nadrejene osebe ali do drugih podrejenih družb njene nadrejene osebe, je potrebna še posebna preudarnost.
The management of such exposures incurred by institutions should be carried out in a fully autonomous manner, in accordance with the principles of sound management, without regard to any other considerations.
Upravljanje takih izpostavljenosti, ki nastanejo v institucijah, bi moralo potekati popolnoma avtonomno in v skladu z načeli preudarnega upravljanja, ne glede na katera koli druga načela.
This is especially important in the case of large exposures and in cases not simply related to intragroup administration or usual intragroup transactions.
To je še zlasti pomembno pri velikih izpostavljenostih in v primerih, ki niso povezani le z upravljanjem znotraj skupine ali običajnimi posli v skupini.
Competent authorities should pay particular attention to such intragroup exposures.
Pristojni organi bi morali takim izpostavljenostim znotraj skupine nameniti posebno pozornost.
Such standards need not, however be applied where the parent undertaking is a financial holding company or a credit institution or where the other subsidiaries are either credit or financial institutions or undertakings offering ancillary services, provided that all such undertakings are covered by the supervision of the credit institution on a consolidated basis.
Vendar takih standardov ni treba uporabiti, kadar je nadrejena oseba finančni holding ali kreditna institucija ali kadar so druge podrejene družbe kreditne institucije ali finančne institucije ali družbe, ki ponujajo pomožne storitve, če so vse take družbe predmet nadzora kreditne institucije na konsolidirani podlagi.
In view of the risk-sensitivity of the rules relating to capital requirements, it is desirable to keep under review whether these have significant effects on the economic cycle.
Glede na občutljivost pravil o kapitalskih zahtevah na tveganje je zaželeno, da se pregleduje, ali imajo ta znatne vplive na gospodarski cikel.
The Commission, taking into account the contribution of the European Central Bank (ECB), should report on these aspects to the European Parliament and to the Council.
Komisija bi morala ob upoštevanju prispevka Evropske centralne banke (ECB) o teh vidikih poročati Evropskemu parlamentu in Svetu.
The capital requirements for commodity dealers, including those dealers currently exempt from the requirements of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments [12], should be reviewed.
Pregledati bi bilo treba kapitalske zahteve za trgovce z blagom, vključno s tistimi trgovci, ki so trenutno izvzeti iz zahtev Direktive 2004/39/ES Evropskega parlamenta in Sveta z dne 21. aprila 2004 o trgih finančnih instrumentov [12].
The goal of liberalisation of gas and electricity markets is both economically and politically important for the Union.
Cilj liberalizacije trgov s plinom in električno energijo je tako gospodarsko kot tudi politično pomemben za Unijo.
With this in mind, the capital requirements and other prudential rules to be applied to firms active in those markets should be proportionate and should not unduly interfere with achievement of the goal of liberalisation.
Zato morajo biti kapitalske zahteve in druga bonitetna pravila, ki jih morajo upoštevati podjetja, dejavna na teh trgih, sorazmerna in ne smejo neupravičeno zavirati uresničevanja cilja liberalizacije.
This goal should, in particular, be kept in mind when reviews of this Regulation are carried out.
Ta cilj je treba upoštevati zlasti pri izvajanju pregledov te uredbe.
Institutions investing in re-securitisations should exercise due diligence also with regard to the underlying securitisations and the non-securitisation exposures ultimately underlying the former.
Institucije, ki vlagajo v relistinjenja, bi morale ravnati s primerno skrbnostjo tudi v zvezi z osnovnimi listinjenji in nelistinjenimi izpostavljenostmi, ki neposredno oblikujejo prvega.
Institutions should assess whether exposures in the context of asset-backed commercial paper programmes constitute re-securitisation exposures, including those in the context of programmes which acquire senior tranches of separate pools of whole loans where none of those loans is a securitisation or re-securitisation exposure, and where the first-loss protection for each investment is provided by the seller of the loans.
Institucije bi morale oceniti, ali izpostavljenosti v okviru programov komercialnih zapisov s premoženjskim kritjem predstavljajo izpostavljenosti v relistinjenju, vključno s tistimi v okviru programov, ki pridobijo nadrejene tranše iz posameznih skupin celotnih kreditov, pri čemer nobeno od teh kreditov ne predstavlja izpostavljenosti v listinjenju ali relistinjenju, in kjer varovanje pred prvo izgubo za vsako naložbo zagotavlja prodajalec kreditov.
In the latter situation, a pool- specific liquidity facility should generally not be considered a re-securitisation exposure because it represents a tranche of a single asset pool (that is, the applicable pool of whole loans) which contains no securitisation exposures.
V slednjem primeru skupini prilagojen okvirni likvidnostni kredit v splošnem ne bi smel pomeniti izpostavljenosti v relistinjenju, ker predstavlja tranšo ene skupine sredstev (tj. uporabljena skupina celotnih kreditov), ki ne vsebuje nobenih izpostavljenosti v listinjenju.
By contrast, a programme-wide credit enhancement covering only some of the losses above the seller-provided protection across the various pools generally would constitute a tranching of the risk of a pool of multiple assets containing at least one securitisation exposure, and would therefore be a re-securitisation exposure.
Po drugi strani bi kreditna izboljšava za celoten program, ki krije le nekatere izgube nad zavarovanjem, ki ga zagotavlja prodajalec različnim skupinam, v splošnem predstavljala tranširanje tveganja skupine različnih sredstev, ki vsebujejo najmanj eno izpostavljenost v listinjenju, in bi zato pomenilo izpostavljenost v relistinjenju.
Nevertheless, if such a programme funds itself entirely with a single class of commercial paper, and if either the programme-wide credit enhancement is not a re-securitisation or the commercial paper is fully supported by the sponsoring institution, leaving the commercial paper investor effectively exposed to the default risk of the sponsor instead of the underlying pools or assets, then that commercial paper generally should not be considered a re-securitisation exposure.
Vendar če se takšen program v celoti financira z eno samo vrsto komercialnih zapisov in če kreditna izboljšava za celoten program ne pomeni relistinjenja ali če komercialni zapis v celoti podpira institucija v vlogi sponzorja, kar pomeni, da je investitor v komercialni zapis dejansko izpostavljen tveganju neplačila s strani sponzorja in ne tveganju neplačila osnovnih skupin ali sredstev, potem se ta komercialni zapis v splošnem ne bi smel šteti za izpostavljenost v relistinjenju.
The provisions on prudent valuation for the trading book should apply to all instruments measured at fair value, whether in the trading book or non- trading book of institutions.
Določbe o preudarnem vrednotenju za trgovalno knjigo bi morale veljati za vse instrumente, merjene po pošteni vrednosti, v trgovalni ali netrgovalni knjigi institucij.
It should be clarified that, where the application of prudent valuation would lead to a lower carrying value than actually recognised in the accounting, the absolute value of the difference should be deducted from own funds.
Pojasniti je treba, da se mora v primeru, ko bi uporaba preudarnega vrednotenja privedla do nižje vrednosti od dejansko priznane knjigovodske vrednosti, absolutna vrednost razlike odbiti od kapitala.