natgillin/translations-raw huggingface dataset:
As a transitory arrangement, these items will suffer a modest reduction from their DEPB[S] rates, ranging from 1 % to 3 % for most items." In other words, this circular indicates that the duty drawback rates in force w.e.f.
Prehodna ureditev določa, da se za te izdelke nekoliko zmanjšajo stopnje v primerjavi DEPBS, in sicer za 1 % do 3 % za večino izdelkov.
1 October 2011 were determined so that they would confer a similar benefit as the withdrawn DEPBS.
Drugače povedano, ta okrožnica navaja, da so bile stopnje povračila dajatev z začetkom veljavnosti 1. oktobra 2011 določene tako, da prinašajo podobne ugodnosti kot odpravljena DEPBS.
As mentioned above (recital (155) above), the record cotton prices caused a switch to polyester fibre that competes for the same raw material as PET. The increased demand for the raw material, in particular, PTA, pushed up the prices of PET in Asia and Middle East with a spill over effect on the prices of PET in the Union.
Kot je navedeno zgoraj (uvodna izjava (155)), je bila posledica rekordnih cen bombaža preusmeritev na poliestrska vlakna, ki se proizvajajo iz iste surovine kot PET. Zlasti povečano povpraševanje po surovini PTA je dvignilo cene PET v Aziji in na Bližnjem vzhodu, kar je vplivalo tudi na cene PET v Uniji.
After the disclosure, an exporting producer claimed that important temporary excess capacities were inevitable due to the fact that generally production capacity increases can be done only in large increments due to the minimum size of modern PET plants. In reply to this it should be noted that during RIP and the following year, production capacity extensions in the range of at least 150000 to 200000 tonnes were made.
Po razkritju je proizvajalec izvoznik trdil, da so bili pomembni začasni presežki zmogljivosti neizogibni, saj se na splošno povečanja proizvodne zmogljivosti lahko izvedejo le z velikimi povečanji zaradi najmanjše velikosti sodobnih obratov PET. V zvezi s tem je treba opozoriti, da se je proizvodna zmogljivost v OPP in naslednjem letu povečala v razponu od najmanj 150000 do 200000 ton.
Furthermore, the investigation showed that contracts between many large bottlers (brand owners) and PET producers were based on a formula whereby the price was adjusted to reflect fluctuation of prices of raw materials for PET. This confirms the existing negotiating power of the large and thus the most representative bottlers over the conversion margin of the PET producers.
Poleg tega je preiskava pokazala, da pogodbe med številnimi večjimi polnilnicami (lastniki blagovnih znamk) in proizvajalci PET temeljijo na formuli, na podlagi katere se cena prilagaja glede na nihanje cen surovin za PET. To potrjuje obstoječo pogajalsko moč večjih in tako najbolj reprezentativnih polnilnic nad predelovalno maržo proizvajalcev PET.
Following the disclosure some parties argued that the description of the situation of the Union industry was inaccurate as five producers were in fact belonging to one large transnational group and another three producers were related to PET packaging companies. None of these facts contradict the description provided in recital (134) explicitly stating that the Union producers are usually belonging to bigger groups as disclosed.
Po razkritju so nekatere strani trdile, da je bil opis položaja industrije Unije netočen, saj je pet proizvajalcev dejansko pripadalo veliki mednarodni skupini, drugi trije proizvajalci pa so bili povezani z družbami za embalažo PET. Nobeno izmed teh dejstev ni v nasprotju z opisom iz uvodne izjave (134), ki izrecno navaja, da proizvajalci Unije običajno pripadajo večjim skupinam, kot je bilo razkrito.
The increased demand for polyester fibre resulted in insufficient supply of PTA, pushing the prices of PET up. Since the producers of PET in the Middle East also depend on PTA from Asia, this caused sudden fall in imports of PET in the Union.
Posledica povečanega povpraševanja po poliestrskih vlaknih je bila nezadostna ponudba PTA, kar je zvišalo cene PET. Tudi proizvajalci PET na Bližnjem vzhodu so odvisni od PTA iz Azije, zato je prišlo do nenadnega upada uvoza PET v Unijo.
The sales prices of PET normally follow the price trends of its main raw materials (mainly PTA and monoethylene glycol — MEG) as they constitute up to 90 % of the total cost of PET. PTA is an oil derivative, the price of which fluctuates on the basis of the price of crude oil.
Prodajne cene PET običajno sledijo cenovnim trendom glavnih surovin (večinoma PTA in monoetilenglikola – MEG), saj pomenijo do 90 % celotnega stroška PET. PTA je naftni derivat, njegova cena pa se oblikuje na podlagi cene surove nafte.
Moreover, it has been argued that a shift to imported PET is neither desired nor possible in the near future, in particular as purchasing contracts and policies as well as homologation process of large brand owners (downstream users) makes changes of PET suppliers cumbersome. It is to be noted that based on the findings of the investigation the Union industry continued to lose market share to the benefit of imports during the period considered; this shows, on the one hand, that the Union industry is not shielded from the effects of the imports and, on the other hand, that the switch to imports is not hypothetical but is actually already taking place.
Poleg tega se je zatrjevalo, da prehod na uvožen PET v bližnji prihodnosti ni zaželen niti mogoč, predvsem zato, ker nabavne pogodbe in politike ter postopek homologacije velikih lastnikov blagovnih znamk (nadaljnji uporabniki) otežijo menjavo dobaviteljev PET. Treba je omeniti, da je na podlagi ugotovitev preiskave industrija Unije še naprej izgubljala tržni delež zaradi ugodnosti pri uvozu v obravnavanem obdobju, kar na eni strani kaže, da industrija Unije ni zaščitena pred učinki uvoza, na drugi strani pa, da preusmeritev k uvozu ni le hipotetična, temveč že poteka.
With regard to MEG, PET is not its only or major possible application and MEG producers are less dependent on the situation of the PET industry. Consequently, it is considered that the continuation of measures against subsidised imports of PET from India would have a positive, although likely limited, impact on the suppliers of MEG.
MEG se ne uporablja le ali pretežno za proizvodnjo PET, zato so proizvajalci MEG manj odvisni od položaja industrije PET. Posledično se šteje, da bi nadaljevanje ukrepov proti subvencioniranemu uvozu PET iz Indije imelo pozitiven, čeprav verjetno omejen, vpliv na dobavitelje MEG.
Some interested parties contested that the situation of the recycling industry depends on the sustainable price of virgin PET on the Union market arguing that the prices of virgin PET and recycled PET were unrelated. It was claimed that recycled PET is mainly used for the production of polyester fibre and therefore cannot be linked to the price developments of virgin PET.
Nekatere zainteresirane strani so nasprotovale temu, da naj bi bil položaj industrije recikliranja odvisen od vzdržne cene primarnega PET na trgu Unije, saj so trdile, da so cene primarnega PET in recikliranega PET nepovezane.
In addition, it was noted that the recycled PET is entirely supported by bottle-fillers and thus the industry does not depend on PET producers. Finally, it was also noted that recycling industry did not come forward as an interested party in the present investigation.
Trdile so, da se recikliran PET uporablja zlasti pri proizvodnji poliestrskih vlaken in zato ne more biti povezan z razvojem cen primarnega PET. Poleg tega je bilo omenjeno, da recikliran PET v celoti podpirajo polnilnice, zato industrija ni odvisna od proizvajalcev PET. Omenjeno je bilo tudi, da se industrija recikliranja ni javila kot zainteresirana stran v sedanji preiskavi.
It has been established that the cooperating users sourced PET predominantly from the Union producers and only a small proportion was sourced from imports. The imports from India represented roughly half of these imports and thus a minimal proportion of the sourced PET.
Ugotovljeno je bilo, da sodelujoči uporabniki pridobivajo PET večinoma od proizvajalcev Unije in le majhen delež od uvoza.
It was argued that in the areas close to the Union border with third countries, in which there are no measures against imports of PET from India, there are incentives to delocalise the production of preforms and import them free of countervailing measures on PET into the Union. It is acknowledged that to some extent there is an economic rationale for this process to be happening.
Razpravljalo se je o tem, da se območjih v bližini meje Unije s tretjimi državami, v katerih ne veljajo ukrepi proti uvozu PET iz Indije, obstajajo pobude za premestitev proizvodnje predoblik, ki bi se lahko v Unijo uvažale brez izravnalnih ukrepov za PET. Priznava se, da obstaja določena gospodarska logika za tako dogajanje.
It was alleged that this was the result of the PET price increase. In addition, it was claimed that the competitiveness of European leading brands has been eroded as their exports in third countries were in direct competition with bottled-products that benefit from PET at international prices.
To naj bi bila posledica rasti cen PET. Poleg tega so uporabniki trdili, da je konkurenčnost evropskih vodilnih znamk spodkopana, saj njihov izvoz v tretje države neposredno tekmuje z ustekleničenimi izdelki, ki imajo koristi od PET po mednarodnih cenah.
Bottlers claimed job losses as a result of increased PET price. However, the increase in PET price being a worldwide phenomenon, no link between job losses and the measures was established.
Polnilnice so trdile, da so izgube delovnih mest posledica povišanih cen PET. Vendar ker je povišanje cen PET svetovni pojav, se med izgubami delovnih mest in ukrepi ni ugotovila nobena povezava.
It is noted that the Union industry operated at 86 % of its production capacity in RIP and has sufficient spare capacity to cover total domestic consumption of PET. In addition, imports from other countries with and without measures continue to exist and have an increasing tendency.
Treba je opozoriti, da je industrija Unije v OPP poslovala s 86 % proizvodno zmogljivostjo in ima zadostno prosto zmogljivost, da zajame celotno domačo potrošnjo PET. Poleg tega še naprej obstaja uvoz iz drugih držav z ukrepi in brez njih, pri čemer ima vedno večjo tendenco.
Regulation (EU) No 462/2013 of the European Parliament and of the Council
Uredba (EU) št. 462/2013 Evropskega parlamenta in Sveta
Regulation (EC) No 1060/2009 of the European Parliament and of the Council [4] requires credit rating agencies to comply with rules of conduct in order to mitigate possible conflicts of interest, and to ensure high quality and sufficient transparency of credit ratings and the rating process.
Uredba (ES) št. 1060/2009 Evropskega parlamenta in Sveta [4] od bonitetnih agencij zahteva upoštevanje pravil o ravnanju, da bi se zmanjšala morebitna nasprotja interesov in zagotovile visoka kakovost ter zadostna preglednost bonitetnih ocen in postopka bonitetnega ocenjevanja.
Following the amendments introduced by Regulation (EU) No 513/2011 of the European Parliament and of the Council [5], the European Supervisory Authority (European Securities and Markets Authority) (ESMA), established by Regulation (EU) No 1095/2010 of the European Parliament and of the Council [6], has been empowered to register and supervise credit rating agencies.
S spremembami, ki jih je uvedla Uredba (EU) št. 513/2011 Evropskega parlamenta in Sveta [5], je bil Evropski nadzorni organ (Evropski organ za vrednostne papirje in trge) (ESMA), ustanovljen z Uredbo (EU) št. 1095/2010 Evropskega parlamenta in Sveta [6], pooblaščen za registracijo in nadzor bonitetnih agencij.
This Regulation complements the current regulatory framework for credit rating agencies.
Ta uredba dopolnjuje sedanji regulativni okvir za bonitetne agencije.
Some of the most important issues, such as conflicts of interest due to the issuer-pays model and disclosure for structured finance instruments, have been addressed and the framework will need to be reviewed after having been in place for a reasonable period of time to assess whether it fully resolves those issues.
Obravnavana so bila nekatera najpomembnejša vprašanja, kot so nasprotja interesov zaradi modela izdajatelj plača in razkritje pri strukturiranih finančnih instrumentih, okvir pa bo treba potem ko bo že razumno dolgo vzpostavljen, pregledati, da bi ocenili, ali so ta vprašanja v celoti rešena.
Meanwhile the need to review transparency, procedural requirements and the timing of publication specifically for sovereign ratings was highlighted by the current sovereign debt crisis.
Obenem je sedanja državniška dolžniška kriza pokazala na potrebo po reviziji zahtev v zvezi s preglednostjo in postopkovnih zahtev ter rokov objave, zlasti glede bonitetnih ocen držav.
The European Parliament’s resolution of 8 June 2011 on credit rating agencies: future perspectives [7], called for enhanced regulation of credit rating agencies.
Evropski parlament je v svoji resoluciji z dne 8. junija 2011 o bonitetnih agencijah: prihodnje perspektive [7] pozval k okrepitvi regulacije bonitetnih agencij.
At its informal meeting of 30 September and 1 October 2010, the Ecofin Council acknowledged that further efforts should be made to address a number of issues related to credit rating activities, including the risk of over-reliance on credit ratings and the risk of conflicts of interest stemming from the remuneration model of credit rating agencies.
Svet za ekonomske in finančne zadeve je na svojem neformalnem sestanku, ki je potekal 30. septembra in 1. oktobra 2010, potrdil, da bi bilo treba nadaljevati prizadevanja za rešitev številnih vprašanj v zvezi z dejavnostmi bonitetnega ocenjevanja, vključno s tveganjem, povezanim s prevelikim zanašanjem na bonitetne ocene, in tveganjem, povezanim z nasprotji interesov, ki izhaja iz modela plačevanja bonitetnih agencij.
The European Council of 23 October 2011 concluded that progress is needed on reducing over-reliance on credit ratings.
Evropski svet je 23. oktobra 2011 sklenil, da je treba doseči napredek pri zmanjševanju prevelikega zanašanja na bonitetne ocene.
At the international level, the Financial Stability Board (FSB), of which the European Central Bank (ECB) is a member institution, endorsed on 20 October 2010 principles to reduce the reliance of authorities and of financial institutions on credit ratings (‘the FSB principles’).
Na mednarodni ravni je Odbor za finančno stabilnost (FSB), katerega članica je Evropska centralna banka, 20. oktobra 2010 potrdil načela za zmanjšanje zanašanja organov oblasti in finančnih institucij na bonitetne ocene (v nadaljnjem besedilu: načela FSB).
The sectoral competent authorities should decide upon the measures for encouragement.
Področni pristojni organi bi morali odločiti tudi o spodbujevalnih ukrepih.
ESMA, where appropriate in cooperation with the European Supervisory Authority (European Banking Authority), established by Regulation (EU) No 1093/2010 of the European Parliament and of the Council [8], and with the European Supervisory Authority (European Insurance and Occupational Pensions Authority), established by Regulation (EU) No 1094/2010 of the European Parliament and of the Council [9], should take action to facilitate convergence of supervisory practices in accordance with Regulation (EU) No 1095/2010, and within the framework of this Regulation.
ESMA bi moral, po potrebi v sodelovanju z Evropskim nadzornim organom (Evropskim bančnim organom), ustanovljenim z Uredbo (EU) št. 1093/2010 Evropskega parlamenta in Sveta [8], in Evropskim nadzornim organom (Evropskim organom za zavarovanja in poklicne pokojnine), ustanovljenim z Uredbo (EU) št. 1094/2010 Evropskega parlamenta in Sveta [9], ukrepati za spodbujanje konvergence nadzornih praks v skladu z Uredbo (EU) št. 1095/2010 in v okviru te uredbe.
Credit rating agencies should make investors aware of the data on the probability of default of credit ratings and rating outlooks based on historical performance, as published on the central repository created by ESMA.
Bonitetne agencije bi morale vlagatelje seznaniti s podatki glede verjetnosti napak v bonitetnih ocenah in obetih glede bonitetnih ocen, ki temeljijo na informacijah o preteklih rezultatih, objavljenih v centralnem registru ki ga je vzpostavila ESMA.
The Union is working towards reviewing, at a first stage, whether any references to credit ratings in Union law trigger or have the potential to trigger sole or mechanistic reliance on such credit ratings and, at a second stage, all references to credit ratings for regulatory purposes with a view to deleting them by 2020, provided that appropriate alternatives to credit risk assessment are identified and implemented.
Unija si prizadeva, da v prvem koraku pregleda, ali katera sklicevanja na bonitetne ocene v pravu Unije povzročajo ali bi utegnila povzročiti izključno ali sistematično zanašanje na take bonitetne ocene, v drugem koraku pa pregleda vsa sklicevanja na bonitetne ocene za regulativne namene, z namenom, da se jih odpravi do leta 2020, pod pogojem, da so opredeljene in se izvajajo ustrezne alternative ocenjevanju kreditnega tveganja.
The relevance of rating outlooks for investors and issuers and their effects on markets are comparable to the relevance and effects of credit ratings.
Pomen obetov glede bonitetne ocene za vlagatelje in izdajatelje ter njihovi učinki na trge se lahko primerjajo s pomenom in učinki bonitetnih ocen.
Therefore, all the requirements of Regulation (EC) No 1060/2009 which aim at ensuring that rating actions are accurate, transparent and free from conflicts of interest should also apply to rating outlooks.
Zato bi morale vse zahteve Uredbe (ES) št. 1060/2009, katerih namen je zagotoviti, da je bonitetno ocenjevanje točno, pregledno in brez nasprotij interesov, veljati tudi za obete glede bonitetne ocene.
According to current supervisory practice, a number of requirements of that Regulation apply to rating outlooks.
Trenutna nadzorna praksa kaže, da se številne zahteve te uredbe uporabljajo pri obetih glede bonitetne ocene.
This Regulation should clarify the rules and provide legal certainty by introducing a definition of rating outlooks and clarifying which specific provisions apply to such rating outlooks.
Ta uredba bi morala razjasniti pravila in zagotoviti pravno varnost z uvedbo opredelitev obetov glede bonitetne ocene in pojasnitvijo, katere določbe veljajo za take obete.
The definition of rating outlooks should also encompass opinions regarding the likely direction of a credit rating in the short term, commonly referred to as credit watches.
Opredelitev obetov glede bonitetne ocene bi morala obsegati tudi mnenja glede kratkoročnega verjetnega gibanja bonitetne ocene, ki so splošno znana kot bonitetne smeri (ang. credit watch).
In the medium term, further action should be evaluated to delete references to credit ratings for regulatory purposes from financial regulation and to eliminate the risk-weighting of assets by means of credit ratings.
Srednjeročno bi bilo treba oceniti izvedljivost nadaljnjih ukrepov za črtanje sklicevanj na bonitetne ocene za regulativne namene v finančni ureditvi in za zmanjšanje tehtanja tveganj v zvezi s premoženjem na podlagi bonitetnih ocen.
However, for the time being, credit rating agencies are important participants in the financial markets.
Vse dotlej pa so bonitetne agencije pomembni udeleženci na finančnih trgih.
As a consequence, the independence and integrity of credit rating agencies and their credit rating activities are of particular importance in guaranteeing their credibility vis-à-vis market participants, in particular investors and other users of credit ratings.
Posledično sta neodvisnost ter integriteta bonitetnih agencij in njihovih dejavnosti bonitetnega ocenjevanja zlasti pomembna za zagotovitev njihove verodostojnosti v očeh udeležencev na trgu, predvsem vlagateljev in drugih uporabnikov bonitetnih ocen.
Regulation (EC) No 1060/2009 provides that credit rating agencies are to be registered and supervised as their services have considerable impact on the public interest.
Uredba (ES) št. 1060/2009 določa, da morajo biti bonitetne agencije registrirane in nadzorovane, saj njihove storitve močno vplivajo na javni interes.
Credit ratings, unlike investment research, are not mere opinions about a value or a price for a financial instrument or a financial obligation.
V nasprotju z naložbenimi raziskavami bonitetne ocene niso le mnenja o vrednosti ali ceni finančnega instrumenta ali finančne obveznosti.
Credit rating agencies are not mere financial analysts or investment advisors.
Bonitetne agencije niso le finančni analitiki ali naložbeni svetovalci.
Credit ratings have regulatory value for regulated investors, such as credit institutions, insurance companies and other institutional investors.
Bonitetne ocene imajo regulativno vrednost za regulirane vlagatelje, kot so kreditne institucije, zavarovalnice in drugi institucionalni vlagatelji.
Although the incentives to rely excessively on credit ratings are being reduced, credit ratings still drive investment choices, in particular because of information asymmetries and for efficiency purposes.
Čeprav se spodbude k pretiranemu zanašanju na bonitetne ocene zmanjšujejo, slednje še vedno usmerjajo naložbene izbire, zlasti zaradi informacijskih asimetrij in učinkovitosti.
In that context, credit rating agencies must be independent and must be perceived as such by market participants, and their rating methods must be transparent and be perceived as such.
S tega vidika morajo biti bonitetne agencije neodvisne, kot takšne pa jih morajo prepoznati tudi udeleženci na trgu, njihove metode ocenjevanja pa morajo biti pregledne in kot take tudi prepoznane.
Over-reliance on credit ratings should be reduced and all the automatic effects deriving from credit ratings should be gradually eliminated.
Preveliko zanašanje na bonitetne ocene bi bilo treba zmanjšati, vse samodejne učinke, ki izhajajo iz bonitetnih ocen, pa postopoma odpraviti.
Credit institutions and investment firms should be encouraged to put in place internal procedures in order to make their own credit risk assessment and should encourage investors to perform a due diligence exercise.
Kreditne institucije in investicijska podjetja bi bilo treba spodbuditi, da vzpostavijo notranje postopke za pripravo lastnih ocen kreditnega tveganja ter spodbuditi vlagatelje, da izvedejo postopek skrbnega pregleda.
Within that framework, this Regulation provides that financial institutions should not solely or mechanistically rely on credit ratings.
Ta uredba v zvezi s tem določa, da se finančne institucije ne bi smele izključno ali sistematično zanašati na bonitetne ocene.
Therefore, those institutions should avoid entering into contracts where they solely or mechanistically rely on credit ratings and should avoid using them in contracts as the only parameter to assess the creditworthiness of investments or to decide whether to invest or divest.
Zato bi se morale te institucije izogibati sklepanju pogodb, pri katerih se izključno ali sistematično zanašajo na bonitetne ocene, ter izogibati uporabi teh ocen v pogodbah kot edinemu merilu za ocenjevanje kreditne kakovosti investicije ali za odločitev o naložbi ali odprodaji.
Regulation (EC) No 1060/2009 already provided a first round of measures to address the question of independence and integrity of credit rating agencies and their credit rating activities.
Uredba (ES) št. 1060/2009 je že prinesla prvo skupino ukrepov za rešitev vprašanja neodvisnosti in integritete bonitetnih agencij ter njihovih dejavnosti bonitetnega ocenjevanja.
The objectives of guaranteeing the independence of credit rating agencies and of identifying, managing and, to the extent possible, avoiding any conflicts of interest that could arise were already underpinning several provisions of that Regulation.
Cilji zagotovitve neodvisnosti bonitetnih agencij, odkrivanja in obvladovanja morebitnih nasprotij interesov ter njihovega izogibanja v največji možni meri so bili že uporabljeni kot podlaga za več določb navedene uredbe.