natgillin/translations-raw huggingface dataset:
The disposal commitments listed above will be deemed to have been satisfied when Dexia and the acquirer conclude a final and binding agreement (i.e. an agreement which cannot be terminated unilaterally by Dexia without paying a penalty) for the disposal of the whole of Dexia’s holding in the entity or asset concerned, even if all the authorisations or statements of non-objection from the competent surveillance authorities have still to be obtained at the time of signature of the agreement, provided that closing takes place at the latest six months after signature of the disposal agreement.
Za navedene zaveze o prodaji se bo štelo, da so izpolnjene, ko bosta skupina Dexia in kupec sklenila dokončno in zavezujočo pogodbo (tj. pogodbo, ki je skupina Dexia ne more enostransko odpovedati brez plačila kazni) o prodaji celotnega deleža skupine Dexia v zadevnem subjektu ali zadevnega premoženja, tudi če ob podpisu pogodbe še niso pridobljena vsa dovoljenja ali izjave o strinjanju pristojnih nadzornih organov, če je postopek prodaje zaključen najpozneje šest mesecev po podpisu pogodbe o prodaji.
If one of the disposal commitments listed above is not met, the Member States will, in the month following the deadline for the disposal, propose the appointment of an independent trustee responsible for the disposal of the entity concerned under the conditions set out in recital 132 below.
Če katera od navedenih zavez o prodaji ne bo izpolnjena, bodo države članice v mesecu po roku za prodajo predlagale, da se imenuje neodvisni skrbnik, ki bo odgovoren za prodajo zadevnega subjekta pod pogoji, določenimi v uvodni izjavi 132 v nadaljevanju.
Prior to each disposal [41] provided for above and still to be implemented, Dexia will keep the independent trustee informed of parties that have expressed an interest in the acquisition of these assets and will provide the expert with all the information necessary and reasonably available to guarantee the potential purchaser’s independence.
Skupina Dexia bo pred vsako navedeno prodajo [41], ki jo je treba še opraviti, obvestila neodvisnega skrbnika o strankah, ki so izrazile zanimanje za pridobitev teh sredstev, zagotovila pa mu bo tudi vse potrebne in ustrezno razpoložljive informacije, da se zajamči neodvisnost morebitnega kupca.
The Commission will notify the Member States concerned within 15 working days of the names of parties that, in its view, do not satisfy the required conditions of relevance and independence and the reasons for its decision.
Komisija bo zadevne države članice v petnajstih delovnih dneh obvestila o imenih strank, ki po njenem mnenju ne izpolnjujejo pogojev glede ustreznosti in neodvisnosti, ter o razlogih za svojo odločitev.
Dexia will then end any disposal transaction with those parties.
Skupina Dexia bo nato zaključila kakršno koli transakcijo prodaje s temi strankami.
Dexia will make every effort to speed up the disposal of its bond portfolio, when market conditions have improved, and thus to comply with the regulatory ratios; such disposals should take place, however, only if they have no substantial negative impact on Dexia’s solvency.
Ko se bodo tržni pogoji izboljšali, si bo skupina Dexia čim bolj prizadevala pospešiti prodajo svojega portfelja obveznic in tako spoštovala regulativna razmerja, vendar bi se morale take prodaje opraviti le, če nimajo bistvenega negativnega učinka na plačilno sposobnost skupine Dexia.
Dexia will provide the Commission with a yearly review of these options.
Skupina Dexia bo Komisiji zagotovila letni pregled teh možnosti.
From the date of notification of this Decision, the entities not listed in recital 122 above (including Dexia Sabadell once the acquisition mentioned in recital 113 ultimately takes place) will be placed in run-off management, in particular with no new production within the meaning of recital 119 above.
Od datuma uradnega obvestila o tem sklepu bo za subjekte, ki niso navedeni v uvodni izjavi 122 (vključno z družbo Dexia Sabadell, ko se bo dokončno izvedla pripojitev, navedena v uvodni izjavi 113), uveden likvidacijski postopek, zlasti glede nobenih novih produktov v smislu uvodne izjave 119.
In keeping with the company interest of Dexia SA and the Dexia Group, until the actual disposal of DAM and Dexia Israel (and from the clarification mentioned in recital 122, point 4, above as regards Dexia Israel), Dexia:
Skupina Dexia si bo pri ohranjanju interesov družbe Dexia SA in skupine Dexia do dejanske prodaje družb DAM in Dexia Israel (in iz pojasnila, navedenega v točki 10 uvodne izjave 122 glede družbe Dexia Israel):
will make every effort to preserve the viability, resaleability by their future purchaser and competitiveness of DAM and Dexia Israel in accordance with sound commercial practice;
čim bolj prizadevala, da bo v družbah DAM in Dexia Israel v skladu s premišljeno poslovno prakso ohranjala uspešno poslovanje, možnost, da ju bo prihodnji kupec ponovno prodal, ter njuno konkurenčnost;
will make every effort to limit any risk of loss of competitive potential by DAM and Dexia Israel;
čim bolj prizadevala, da bo v družbah DAM in Dexia Israel zmanjšala tveganje izgube njunega konkurenčnega potenciala;
will refrain from any initiative which could have a substantial negative effect on the value, management or competitiveness of DAM and Dexia Israel or could alter the nature or the field of activity, the industrial or commercial strategy or the investment policy of DAM and Dexia Israel;
se bo vzdržala kakršne koli pobude, ki bi bodisi lahko imela bistven negativen učinek na vrednost, upravljanje ali konkurenčnost družb DAM in Dexia Israel bodisi bi lahko spremenila naravo ali področje dejavnosti, industrijsko ali poslovno strategijo ali naložbeno politiko obeh družb;
subject to the ring-fencing commitment mentioned in recital 114 above, will as far as possible provide DAM and Dexia Israel with sufficient resources for their operation in accordance with existing business plans and any subsequent plans; and
kar zadeva zavezo glede omejitev iz uvodne izjave 114, bo družbama DAM in Dexia Israel, kolikor je to mogoče, zagotavljala ustrezna sredstva za njune transakcije v skladu z obstoječimi poslovnimi načrti in kakršnimi koli poznejšimi načrti;
will take any reasonable measure, including appropriate incentive mechanisms (in accordance with commercial practice) to encourage all the main staff members of DAM and Dexia Israel.
bo sprejela vsak ustrezen ukrep, vključno z ustreznimi mehanizmi spodbud (v skladu s poslovno prakso), za spodbujanje vseh glavnih zaposlenih v družbah DAM in Dexia Israel.
Until its disposal within one year of this Decision or its run-off management, it is agreed that Crediop will be managed separately from the Dexia Group.
Družba Crediop se bo v skladu z dogovorom upravljala ločeno od skupine Dexia, dokler se ne bo v enem letu po sprejetju tega sklepa prodala ali se bo upravljala njena likvidacijska masa.
To ensure that all decisions by Crediop’s management taken between the date of this Decision and the completion of the disposal [within one year of this Decision or its run-off management] are in Crediop’s best interest in terms of its disposal, Dexia will appoint a manager responsible for ensuring that Crediop’s activities are separately managed, and will ensure that this manager can work completely independently to comply with the commitments applicable to Crediop.
Skupina Dexia bo imenovala upravljavca, ki bo odgovoren za to, da se bodo vse dejavnosti te družbe upravljale ločeno, s čimer bo zagotovila, da bodo vse odločitve uprave družbe Crediop, sprejete od datuma sprejetja tega sklepa do zaključka prodaje [v enem letu po sprejetju tega sklepa ali upravljanje njene likvidacijske mase], v največjo korist te družbe v smislu njene prodaje, ter bo zagotovila, da bo lahko ta upravljavec deloval popolnoma neodvisno, pri čemer spoštuje zaveze, ki se uporabljajo za družbo Crediop.
The manager responsible for ensuring that activities are separately managed could be the managing director of Crediop.
Upravljavec, odgovoren za ločeno upravljanje vseh dejavnosti, bi lahko bil izvršni direktor družbe Crediop.
He will manage Crediop in its best interests, in consultation with Dexia, under the supervision of the independent trustee as set out in recital 138 below.
Družbo Crediop bo upravljal v njeno korist v posvetovanju s skupino Dexia in pod nadzorom neodvisnega skrbnika, kot je določeno v uvodni izjavi 138.
It is not necessary to appoint a manager for the separate management of the activities of Dexia Israel and DAM as these two entities are already being separately managed on the date of this Decision for the reasons set out in the resolution plan.
Za ločeno upravljanje dejavnosti družb Dexia Israel in DAM ni treba imenovati upravljavca, saj se ta dva subjekta ločeno upravljata že od datuma sprejetja tega sklepa zaradi razlogov, pojasnjenih v načrtu reševanja.
Divestiture trustee
Upravitelj za unovčenje stečajne mase
If one of the commitments listed in recital 123, points 1 to 4, has not been met by the deadlines specified above, and if no alternative commitment has been approved by the Commission, the French, Belgian and Luxembourg authorities will submit a list of one to three persons for appointment as trustee(s) responsible for implementing disposals for prior approval by the Commission, at the latest one month after the deadline set for the disposal.
Če ena od zavez iz točk 1 do 4 uvodne izjave 123 ni izpolnjena v predpisanih rokih in če Komisija ne odobri nobene druge zaveze, bodo belgijski, francoski in luksemburški organi najpozneje en mesec po roku, določenem za prodajo, v predhodno odobritev Komisiji predložili seznam z enim do tremi kandidati, ki bi se imenovali na položaj upravitelja za izvajanje prodaj.
The divestiture trustee must be independent, possess the required competences and must not be subject to any conflict of interest throughout his term of office.
Upravitelj za unovčenje stečajne mase mora biti neodvisen, ustrezno usposobljen, med izvajanjem njegovega mandata pa ne sme prihajati do navzkrižja interesov.
If all the proposed candidates are ultimately rejected by the Commission, it will appoint a trustee on the basis of a mandate approved by the Commission.
Če Komisija nazadnje zavrne vse predlagane kandidate, bo sama imenovala upravitelja v skladu z mandatom, ki ga odobri Komisija.
The French, Belgian and Luxembourg authorities undertake that Dexia will grant the divestiture trustee the necessary and appropriate powers of representation:
Belgijski, francoski in luksemburški organi se zavezujejo, da bo skupina Dexia upravitelju za unovčenje stečajne mase dodelila vsa potrebna in ustrezna pooblastila za zastopanje:
to dispose of the assets mentioned in point (a) above (including any power needed to ensure the proper execution of the documents required to implement the disposal), and
da bo prodal sredstva iz točke (a) (vključno z vsemi potrebnimi pooblastili, da se zagotovi pravilna izvedba dokumentov, zahtevanih za izvedbo prodaje) ter
to take any step or make any declaration necessary or appropriate for the disposal, including the appointment of consultants to supervise the disposal process.
sprejel kakršne koli ukrepe ali dal kakršno koli izjavo, ki je potrebna ali ustrezna za prodajo, vključno z imenovanjem svetovalcev za nadzorovanje postopka prodaje.
The divestiture trustee will include in the disposal and purchase contract(s) the normal and reasonable terms that he deems appropriate to conclude the disposal in the year following his appointment.
Upravitelj za unovčenje stečajne mase bo v kupoprodajne pogodbe vključil take običajne in razumne pogoje, kot so primerni za dokončanje prodaje v enem letu po njegovem imenovanju.
The divestiture trustee will organise the disposal process in order to ensure a disposal […].
Upravitelj za unovčenje stečajne mase bo prodajni postopek organiziral tako, da se zagotovi prodaja […].
The disposal or liquidation must be effective within a maximum of one year from expiry of the disposal deadline.
Prodaja ali likvidacija se mora opraviti v največ enem letu po poteku roka za prodajo.
The costs of the services of the divestiture trustee will be borne by Dexia.
Skupina Dexia bo krila stroške storitev upravitelja za unovčenje stečajne mase.
Implementation of commitments
Uresničevanje zavez
The Belgian, French and Luxembourg authorities will submit for prior approval by the Commission, at the latest one month after this Decision, a list of one to three persons for appointment as an independent trustee responsible for detailed monitoring of the above commitments (‘the independent trustee’) for a period of five years, which period may be extended at the request of the Commission.
Belgijski, francoski in luksemburški organi bodo najpozneje en mesec po sprejetju tega sklepa v predhodno odobritev Komisiji predložili seznam z enim do tremi kandidati, ki bi se za pet let imenoval na položaj neodvisnega skrbnika, pristojnega za podrobno spremljanje navedenih zavez (v nadaljnjem besedilu: neodvisni skrbnik), to obdobje pa se lahko na zahtevo Komisije podaljša.
The independent trustee must possess the required competences and must not be subject to any conflict of interest during his term of office.
Neodvisni skrbnik mora biti ustrezno usposobljen, med izvajanjem njegovega mandata pa ne sme prihajati do navzkrižja interesov.
The Commission may either approve or reject the independent trustee(s) proposed.
Komisija lahko predlaganega skrbnika odobri ali zavrne.
If the Commission rejects the independent trustee(s) proposed, the Belgian, French and Luxembourg authorities will propose, within one month of notification of the rejection, from one to three new candidates who must also be approved or rejected by the Commission.
Če Komisija zavrne predlaganega neodvisnega skrbnika, bodo belgijski, francoski in luksemburški organi najpozneje en mesec po obvestilu o zavrnitvi predlagali enega do tri nove kandidate, ki jih mora prav tako odobriti ali zavrniti Komisija.
If all the candidates are ultimately rejected by the Commission, the Commission will appoint an independent trustee.
Če Komisija nazadnje zavrne vse predlagane kandidate, bo neodvisnega skrbnika imenovala sama.
The costs of the independent trustee’s services will be borne by Dexia and will not exceed the hourly rates normally charged for this type of service.
Skupina Dexia bo krila stroške storitev neodvisnega skrbnika, ti stroški pa ne bodo presegali urne postavke, ki se običajno zaračunava za tovrstne storitve.
Throughout the period of the revised orderly resolution plan, the Commission will have permanent unrestricted access to the information needed to implement this Decision approving the revised orderly resolution plan.
Komisija bo imela med celotnim spremenjenim načrtom nadzorovanega reševanja stalen, neomejen dostop do informacij, potrebnih za izvajanje tega sklepa, s katerimi se odobri spremenjeni načrt nadzorovanega reševanja.
It may contact Dexia directly to obtain any explanations and details.
Za vsa pojasnila ali podrobnosti lahko neposredno stopi v stik s skupino Dexia.
The Belgian, French and Luxembourg authorities and Dexia will cooperate fully in any verifications that may be requested by the Commission or, where appropriate, by the independent trustee.
Belgijski, francoski in luksemburški organi ter skupina Dexia bodo v celoti sodelovali pri kakršnih koli preverjanjih, ki jih lahko zahteva Komisija ali, kadar je to potrebno, neodvisni skrbnik.
The independent trustee will submit a half-yearly report to the Commission on the implementation of the above commitments.
Neodvisni skrbnik bo Komisiji vsakega pol leta predložil poročilo o uresničevanju navedenih zavez.
This report will include a detailed report on progress with the implementation of the revised orderly resolution plan, in particular: 1) compliance with the amount and desensitisation conditions of DCL’s sensitive loan portfolio referred to in recitals 120 and 121 above; 2) compliance with the caps on the grant of new financing to Dexia Crediop’s existing customers as referred to in recital 120 above; 3) compliance with the planned disposal timetable referred to in recital 122 above, including the date of the disposal, the book value of assets as at 31 December 2011, the value of the disposal, the capital gains or losses made and details of the measures remaining to be implemented under the revised orderly resolution plan; 4) the management and ring-fencing of the entities to be disposed of, in particular DAM and Dexia Israel, as set out in recitals 114 and 129 above.
V to poročilo bodo vključeni podrobno poročilo o napredku pri izvajanju spremenjenega načrta nadzorovanega reševanja in še zlasti o: 1) skladnosti z zneskom in pogoji desenzibilizacije portfelja občutljivih posojil banke DCL iz uvodnih izjav 120 in 121; 2) skladnosti z omejitvami pri dodeljevanju novega financiranja obstoječim strankam družbe Dexia Crediop, kot je navedeno v uvodni izjavi 120; 3) skladnosti s časovnim razporedom načrtovanih prodaj iz uvodne izjave 122, vključno z datumom prodaje, računovodsko vrednostjo sredstev z dne 31. decembra 2011, vrednostjo prodaje, doseženimi kapitalskimi dobički ali izgubami in podrobnostmi o preostalih ukrepih, ki jih je treba izvesti po spremenjenem načrtu nadzorovanega reševanja, ter 4) upravljanju in omejitvah subjektov, ki jih je treba prodati, zlasti družb DAM in Dexia Israel, kot je določeno v uvodnih izjavah 114 in 129.
This report will be submitted at the latest one month after the presentation of the half-yearly accounts and the approval of the annual accounts and in any case by 1 October and 30 April of each year.
To poročilo bo poslano najpozneje mesec dni po predstavitvi polletnih računovodskih izkazov in odobritvi letnih računovodskih izkazov, vsekakor pa vsako leto do 1. oktobra in 30. aprila.
On expiry of the independent trustee’s term of office and until Dexia’s assets are fully written off, the Member States will submit an annual report to the Commission describing the stage reached with the orderly resolution procedure.
Ko neodvisnemu skrbniku preteče mandat in dokler ne bodo sredstva skupine Dexia v celoti odpisana, bodo zadevne države članice Komisiji pošiljale letno poročilo, v katerem bo opisana dosežena stopnja pri postopku preglednega reševanja.
DESCRIPTION OF THE DMA DISPOSAL OPERATION AND ITS POST-DISPOSAL ACTIVITIES
OPIS TRANSAKCIJE PRODAJE DRUŽBE DMA IN NJENIH DEJAVNOSTI PO PRODAJI
Description of the disposal operation
Opis transakcije prodaje
DMA is to be disposed of at the latest by 31 January 2013.
Družba DMA naj bi se prodala najpozneje do 31. januarja 2013.
A new credit institution (‘the NEC’) will be created and DMA will be its wholly-owned subsidiary.
Ustanovljena bo nova kreditna institucija, družba DMA pa bo odvisna družba, ki bo v celoti v njeni lasti.
The NEC will be directly owned by the French State (75 %), the CDC (20 % in preferential shares) and La Banque Postale (5 %).
Neposredni lastniki nove kreditne institucije bodo Francija (75 %), hranilnica in posojilnica CDC (20 % v prednostnih delnicah) in banka LBP (5 %).
DMA will therefore no longer be controlled by the Dexia Group but by the French State, the CDC and La Banque Postale.
Družba DMA tako ne bo več pod nadzorom skupine Dexia, ampak Francije, hranilnice in posojilnice CDC ter banke BP.
A joint venture (‘JV’) will also be created and will have the status of banking transaction intermediary between the CDC (35 %) and La Banque Postale (65 %), marketing new loans solely to French local authorities and public health establishments and using DMA as a refinancing vehicle.
Ustanovljeno bo tudi skupno podjetje s statusom posrednika bančne transakcije med hranilnico in posojilnico CDC (35 %) ter banko LBP (65 %), ki bo nova posojila tržilo izključno pri francoskih lokalnih skupnostih in ustanovah zdravstvenega varstva, družba DMA pa se bo uporabljala kot sredstvo za refinanciranje.
DMA will also provide the refinancing needed for existing outstanding loans.
Družba DMA bo zagotovila tudi refinanciranje, potrebno za obstoječa neodplačana posojila.
Figure 6
Graf 6
Structure of the future development bank incorporating DMA
Zgradba prihodnje razvojne banke, v katero bo vključena družba DMA
BE/Lux States
Državi BE/LUX
FR State
Država FR
Financing EUR 12,5 billion
financiranje v višini 12,5 milijarde EUR
La Banque Postale will gradually acquire more of the NEC’s capital.
Banka LBP bo postopoma pridobila več kapitala nove kreditne institucije.
The price to be paid by La Banque Postale will be a market price, determined by a fairness opinion, and may be verified by the Commission.
Cena, ki jo bo plačala banka LBP, bo tržna, določena z nepristranskim mnenjem, Komisija pa jo bo lahko preverila.
La Banque Postale will have a progressive call option on a quota of the shares held by the French State such that its holding in the NEC, after the call has been exercised in full, is raised in line with the increase in the share of outstanding loans for which new production accounts in all DMA’s asset components (‘cover pool’).
Banka LBP bo imela postopno nakupno opcijo kvote delnic v lasti Francije, tako da bi se njen delež v novi kreditni instituciji, potem ko bi se nakup v celoti izvedel, povečal skladno s povečanjem deleža neodplačanih posojil, za katere se novi produkti obračunavajo pri vseh sestavinah sredstev družbe DMA (t. i. kriti sklad).
The call may be exercised only from the time at which the share of new production ‘originated’ by La Banque Postale or the JV exceeds […] % of DMA’s cover pool.
Nakup se lahko izvede le od tedaj, ko bo delež novih produktov, ki jih je ustvarila banka LBP ali skupno podjetje, presegel […] % kritega sklada družbe DMA.
Each year, La Banque Postale may exercise the call for a minimum quota of […] % of the NEC’s capital, although 1) La Banque Postale’s holding in DMA may not be greater than the share of new production originated by La Banque Postale or the JV in DMA’s cover pool and 2) La Banque Postale may not be the NEC’s main shareholder.
Banka LBP lahko vsako leto izvede nakup najmanjše kvote […] % kapitala v novi kreditni instituciji, čeprav 1) delež te banke v družbi DMA ne sme presegati deleža novih produktov v kritem skladu te družbe, ki jih je ustvarila banka LBP ali skupno podjetje, in 2) ta banka ne sme biti glavna delničarka nove kreditne institucije.
The legal procedures for the disposal of DMA will follow the following overall scheme: DCL will supply the NEC with DMA’s shares, and the tools, personnel and resources needed to manage DMA, and will then sell 100 % of the NEC’s capital to the State, the CDC and La Banque Postale.
Pri pravnih postopkih za prodajo družbe DMA se bo uporabila naslednja splošna shema: banka DCL bo novi kreditni instituciji zagotovila delnice družbe DMA ter orodja, osebje in sredstva, potrebna za upravljanje te družbe, nato pa bo državi, hranilnici in posojilnici CDC ter banki LBP prodala 100 % kapitala nove kreditne institucije.
The sale price will be EUR 1.
Prodajna cena bo 1 EUR.
In respect of this price, the Commission notes the following points, raised by an audit consultancy and the Member States concerned.
Komisija glede te cene ugotavlja naslednje točke, na katere so opozorili svetovalci na področju revizije in zadevne države članice.
the provision of resources and expertise needed for the activity;
zagotavljanje sredstev in izkušenj, potrebnih za dejavnost,
the disposal of an existing debt stock;
prodaja obstoječega dolga,
the marketing of new loans by LBP and the [JV];
trženje novih posojil, ki ga bosta izvajala banka LBP in skupno podjetje, ter
the neutralisation of sensitive loans.
nevtralizacija občutljivih posojil.
This valuation is valid only if combined with the general and specific guarantees and the overall sensitive loan disposal mechanism.
Ta ocena je veljavna le, če je združena s splošnimi in posebnimi jamstvi ter celotnim mehanizmom za odprodajo občutljivih posojil.