natgillin/translations-raw huggingface dataset:
The possibility for competent authorities to request corrective measures to remedy or avoid repetition of non-compliance with this Regulation, and the possibility for the ECB to impose effective, proportionate and dissuasive sanctions for infringements of this Regulation are essential elements in implementing the CPSS-IOSCO principles to the fullest extent allowed under the Treaty and the Statute of the ESCB.
Za uskladitev s pregledniškimi zahtevami te uredbe je treba določiti prehodno obdobje, v katerem se lahko upravljavci SPPS seznanijo z zahtevami in jih izvedejo –
It is necessary to subject compliance with the oversight requirements set by this Regulation to a transitional period, allowing for the SIPS operators to familiarise themselves with and to implement the requirements,
SPREJEL NASLEDNJO UREDBO:
Article 1
Vsebina in področje uporabe
Subject matter and scope
Ta uredba določa pregledniške zahteve za SPPS.
This Regulation lays down oversight requirements for SIPS.
Svet ECB sprejme odločitev, s katero določi plačilne sisteme, za katere velja ta uredba, njihove upravljavce in pristojne organe.
The Governing Council shall adopt a decision identifying the payment systems that are subject to this Regulation, their respective operators and competent authorities.
Ta seznam se vodi na spletni strani ECB in posodobi po vsaki spremembi.
This list shall be maintained on the ECB's website and updated after each change.
Plačilni sistem se določi kot SPPS, če:
A payment system shall be identified as a SIPS if:
je primeren za priglasitev kot sistem v skladu z Direktivo 98/26/ES s strani države članice, katere valuta je euro, ali je njegov upravljavec ustanovljen v euroobmočju, vključujoč ustanovitev v obliki podružnice, prek katere se sistem upravlja;
it is eligible to be notified as a system pursuant to Directive 98/26/EC by a Member State whose currency is the euro or its operator is established in the euro area, including establishment by means of a branch, through which the system is operated;
in (b) v koledarskem letu izpolni najmanj dva od naslednjih pogojev:
and (b) at least two of the following occur over a calendar year:
povprečna skupna dnevna vrednost obdelanih plačil, denominiranih v eurih, presega 10 milijard EUR;
the total daily average value of euro-denominated payments processed exceeds EUR 10 billion;
njegov tržni delež doseže najmanj enega od naslednjih pragov:
its market share is at least one of the following:
15 % skupnega števila plačil, denominiranih v eurih,
15 % of total volume of euro-denominated payments,
5 % skupnega števila čezmejnih plačil, denominiranih v eurih,
5 % of total volume of euro-denominated cross-border payments,
75 % skupnega števila plačil, denominiranih v eurih, na ravni države članice, katere valuta je euro;
75 % of total volume of euro-denominated payments at the level of a Member State whose currency is the euro;
njegova čezmejna dejavnost (tj. udeleženci, ustanovljeni v drugi državi kot upravljavec SPPS, in/ali čezmejne povezave z drugimi plačilnimi sistemi) zajema pet ali več držav in ustvari najmanj 33 % skupnega števila plačil, denominiranih v eurih, ki jih obdela ta SPPS;
its cross-border activity (i.e. participants established in a country other than that of the SIPS operator and/or cross border links with other payment systems) involves five or more countries and generates a minimum of 33 % of the total volume of euro-denominated payments processed by that SIPS;
uporablja se za poravnavo drugih IFT.
it is used for the settlement of other FMIs.
Upravljavci SPPS zagotovijo, da so SPPS, ki jih upravljajo, skladni z zahtevami, določenimi v členih 3 do 21.
SIPS operators shall ensure compliance of the SIPS they operate with the requirements set out in Articles 3 to 21.
Člen 2
For the purposes of this Regulation:
„plačilni sistem“ pomeni formalen dogovor med tremi ali več udeleženci, brez upoštevanja morebitnih poravnalnih bank, centralnih nasprotnih strank, klirinških hiš ali posrednih udeležencev, s skupnimi pravili in standardiziranimi postopki za izvrševanje nalogov za prenos med udeleženci;
‘payment system’ means a formal arrangement between three or more participants, not counting possible settlement banks, central counterparties, clearing houses or indirect participants, with common rules and standardised arrangements for the execution of transfer orders between the participants;
„nalog za prenos“ ima enak pomen kot „prenosni nalog“, kakor je opredeljen v prvi alinei člena 2(i) Direktive 98/26/ES;
‘transfer order’ has the same meaning as defined in Article 2(i) first indent of Directive 98/26/EC;
„sistemsko tveganje“ pomeni tveganje, da v primeru, če udeleženec ali upravljavec SPPS ne izpolni obveznosti, ki jih ima v SPPS, drugi udeleženci in/ali upravljavec SPPS ne bodo mogli izpolniti svojih obveznosti ob zapadlosti, potencialno z učinkom prenosa vplivov, ki bi ogrozil stabilnost finančnega sistema ali zaupanje vanj;
‘systemic risk’ means the risk of a participant or the SIPS operator not meeting their respective obligations in a SIPS will cause other participants and/or the SIPS operator to be unable to meet their obligations when they become due, potentially with spillover effects threatening the stability of or confidence in the financial system;
„upravljavec SPPS“ pomeni pravni subjekt, ki je pravno odgovoren za upravljanje SPPS;
‘SIPS operator’ means the legal entity legally responsible for operating a SIPS;
„pristojni organ“ pomeni centralno banko Eurosistema, ki je primarno odgovorna za pregled in je kot taka določena v skladu s členom 1(2);
‘competent authority’ means the Eurosystem central bank with primary oversight responsibility identified as such pursuant to Article 1(2);
„SPPS Eurosistema“ pomeni SPPS, ki je v lasti in upravljanju centralne banke Eurosistema;
‘Eurosystem SIPS’ means SIPS owned and operated by a Eurosystem central bank;
„pravno tveganje“ pomeni tveganje, ki izhaja iz uporabe zakonov ali drugih predpisov, njegova posledica pa je običajno izguba;
‘legal risk’ means the risk arising from the application of law or regulation, usually resulting in a loss;
„kreditno tveganje“ pomeni tveganje, da nasprotna stranka, bodisi udeleženec bodisi drug subjekt, ne bo mogla v celoti izpolniti svojih finančnih obveznosti ob zapadlosti ali kadar koli v prihodnosti;
‘credit risk’ means the risk that a counterparty, whether a participant or other entity, will be unable to fully meet its financial obligations when they fall due or at any time in the future;
„likvidnostno tveganje“ pomeni tveganje, da nasprotna stranka, bodisi udeleženec bodisi drug subjekt, ne bo imela dovolj sredstev za izpolnitev svojih finančnih obveznosti ob zapadlosti, bi pa lahko imela za to dovolj sredstev v prihodnosti;
‘liquidity risk’ means the risk that a counterparty, whether a participant or other entity, will have insufficient funds to meet its financial obligations when they fall due, although it may have sufficient funds to do so in the future;
„operativno tveganje“ pomeni tveganje, da bodo pomanjkljivosti v informacijskih sistemih ali notranjih procesih, človeške napake, napake pri vodenju ali motnje zaradi zunanjih dogodkov ali storitev, zaupanih zunanjim izvajalcem, povzročile zmanjšanje, poslabšanje ali prekinitev storitev, ki jih zagotavlja SPPS;
‘operational risk’ means the risk that deficiencies in information systems or internal processes, human error, management failures, or disruptions caused by external events or outsourced services will result in the reduction, deterioration or breakdown of services provided by a SIPS;
„skrbniško tveganje“ pomeni tveganje, da bo prišlo do izgube v zvezi s finančnim premoženjem, ki je v skrbništvu, v primeru skrbnikove ali podskrbnikove insolventnosti, malomarnosti, goljufije, slabega upravljanja ali neustreznega vodenja evidenc;
‘custody risk’ means the risk of incurring a loss on assets held in custody in the event of a custodian's or sub-custodian's insolvency, negligence, fraud, poor administration or inadequate recordkeeping;
„naložbeno tveganje“ pomeni tveganje izgube, s katerim se sooča upravljavec SPPS ali udeleženec, kadar upravljavec SPPS vlaga svoja sredstva ali sredstva udeležencev, npr. zavarovanje;
‘investment risk’ means the risk of loss faced by a SIPS operator or participant when the SIPS operator invests its own or its participants' resources, e.g. collateral;
„tržno tveganje“ pomeni tveganje izgube v bilančnih in zunajbilančnih postavkah zaradi gibanj tržnih cen;
‘market risk’ means the risk of losses, in both on- and off-balance sheet positions, arising from movements in market prices;
„sistem za odloženo neto poravnavo“ pomeni sistem, ki izvaja poravnavo na neto osnovi na koncu vnaprej določenega poravnalnega cikla, npr. na koncu delovnega dne ali med delovnim dnem;
‘deferred net settlement system’ (DNS) means a system which settles on a net basis at the end of a predefined settlement cycle, e.g. at the end of, or during, the business day;
„čezmejno zavarovanje“ pomeni zavarovanje, pri katerem je z vidika države, v kateri je finančno premoženje sprejeto za zavarovanje, najmanj eden od naslednjih elementov tuj:
‘cross-border collateral’ means collateral for which, from the perspective of the country in which the assets are accepted as collateral, at least one of the following is foreign:
valuta, v kateri je finančno premoženje denominirano;
the currency of denomination;
„čezmejno plačilo“ pomeni plačilo med udeležencema, ki sta ustanovljena v različnih državah;
‘cross-border payment’ means a payment between participants established in different countries;
„odbor“ pomeni upravni odbor ali nadzorni svet upravljavca SPPS ali oboje, v skladu z nacionalnim pravom;
‘financial market infrastructure’ (FMI) means a multilateral system among participating institutions, including the system operator, used to clear, settle, or record payments, securities, derivatives, or other financial transactions;
„poslovodstvo“ pomeni izvršne direktorje, tj. člane upravnega odbora v enotirnem sistemu, ki so vključeni v dnevno vodenje upravljavca SPPS, in člane uprave upravljavca SPPS v dvotirnem sistemu;
‘participant’ means an entity that is identified or recognised by a payment system and, either directly or indirectly, is allowed to send transfer orders to that system and is capable of receiving transfer orders from it;
„zadevni deležniki“ pomenijo udeležence, IFT, ki imajo vpliv na tveganja v SPPS, in druge prizadete tržne udeležence v posameznem primeru;
‘the Board’ means the administrative or supervisory board of a SIPS operator, or both, in accordance with national law;
„kreditna izpostavljenost“ pomeni znesek ali vrednost, za katero obstaja tveganje, da je udeleženec ne bo poravnal v celoti niti ob zapadlosti niti kadar koli pozneje;
‘the Management’ means executive directors, i.e. members of a unitary board who are engaged in the daily management of the SIPS operator and members of a managerial board of the SIPS operator in a dual board system;
„zavarovanje“ pomeni tisto finančno premoženje ali zavezo tretje osebe, ki jo dajalec zavarovanja uporabi za zavarovanje obveznosti do prejemnika zavarovanja.
‘relevant stakeholders’ means participants, FMIs that have an impact on the risk in a SIPS, and, on a case-by-case basis, other affected market actors;
Zavarovanje vključuje domače in čezmejno zavarovanje;
‘credit exposure’ means an amount or value at risk that a participant will not settle for full value, either when due or at any time thereafter;
„ponudnik likvidnosti“ pomeni ponudnika denarja v skladu s členom 5(3), členom 6(5), členom 8(1), členom 8(9) in členom 8(11) ali ponudnika finančnega premoženja v skladu s členom 8(4), vključujoč udeleženca v SPPS ali tretjo osebo;
‘collateral’ means an asset or third-party commitment that is used by a collateral provider to secure an obligation vis-à-vis a collateral taker.
„skrajne, vendar možne razmere na trgu“ pomenijo celovit nabor preteklih in hipotetičnih razmer, vključno z obdobji največje volatilnosti, do katerih je prišlo na trgih, ki jim služi SPPS;
Collateral includes both domestic and cross-border collateral;
„nameravani dan poravnave“ pomeni dan, ki ga pošiljatelj naloga za prenos vnese v SPPS kot dan poravnave;
‘liquidity provider’ means a provider of cash under Articles 5(3), 6(5), 8(1), 8(9) and 8(11) or assets under Article 8(4), including a SIPS participant or external party;
„splošno poslovno tveganje“ pomeni vsako potencialno poslabšanje finančnega položaja SPPS, pomembno z vidika nemotenega poslovanja, zaradi takšnega upada prihodkov ali rasti odhodkov, da odhodki presežejo prihodke in povzročijo izgubo, ki jo je treba pokriti v breme kapitala;
‘extreme but plausible market conditions’ means a comprehensive set of historical and hypothetical conditions, including the most-volatile periods that have been experienced by the markets the SIPS serves;
„načrt za sanacijo“ pomeni načrt za ponovno vzpostavitev nemotenega delovanja SPPS, ki ga pripravi upravljavec SPPS;
‘intended settlement date’ means the date that is entered into SIPS as the settlement date by the sender of a transfer order;
„načrt za urejeno prenehanje“ pomeni načrt za urejeno zaprtje SPPS, ki ga pripravi upravljavec SPPS;
‘general business risk’ means any potential impairment of the financial position of the SIPS as a business concern as a consequence of a decline in its revenues or an increase in its expenses, such that expenses exceed revenues and result in a loss that must be charged against capital;
„pomembno“ označuje tveganje, odvisnost in/ali spremembo, ki lahko vpliva na zmožnost subjekta, da opravlja ali zagotavlja storitve v skladu s pričakovanji;
‘recovery plan’ means a plan developed by a SIPS operator to re-establish the smooth operation of a SIPS;
„zadevni organi“ pomenijo organe, ki imajo legitimen interes za dostop do informacij iz SPPS zaradi izpolnjevanja svojih zakonskih obveznosti, npr. organe za reševanje in nadzornike večjih udeležencev;
‘orderly wind-down plan’ means a plan developed by a SIPS operator for the orderly closure of a SIPS;
„tveganje izgube glavnice“ pomeni tveganje, da bo nasprotna stranka izgubila celotno vrednost, ki je vključena v transakcijo, tj. bodisi tveganje, da bo prodajalec finančnega premoženja to premoženje nepreklicno dostavil, ne bo pa prejel plačila, bodisi tveganje, da bo kupec finančno premoženje nepreklicno plačal, ne bo ga pa prejel;
‘material’ qualifies a risk, a dependency and/or a change which may affect the ability of an entity to perform or provide services as expected;
„skrbniška banka“ pomeni banko, ki vodi in hrani finančno premoženje tretjih oseb;
‘relevant authorities’ means authorities who have a legitimate interest in accessing information from a SIPS to fulfil their statutory requirements, e.g. resolution authorities and supervisors of major participants;
„poravnalna banka“ pomeni banko, ki vodi račune v zvezi s plačili, prek katerih se izvršuje poravnava obveznosti, ki izhajajo iz plačilnega sistema;
‘principal risk’ means the risk that a counterparty will lose the full value involved in a transaction, i.e. either the risk that a seller of a financial asset will irrevocably deliver the asset, but not receive payment, or the risk that a buyer of a financial asset will irrevocably pay for, but not receive the asset;
„agent nostro“ pomeni banko, ki jo udeleženci v SPPS uporabljajo za poravnavo;
‘custodian bank’ means a bank holding and safeguarding the financial assets of third parties;
„enostransko plačilo“ pomeni plačilo, ki vključuje samo en prenos sredstev v eni valuti;
‘settlement bank’ means a bank holding accounts with regards to payments, where the discharge of obligations arising from a payment system takes place;
„dvostransko plačilo“ pomeni plačilo, ki vključuje dva prenosa sredstev v različnih valutah v sistemu za poravnavo izmenjav vrednosti;
‘nostro agent’ means a bank used by the participants in a SIPS for settlement;
„tveganje zaradi neugodnih gibanj“ pomeni tveganje, ki izhaja iz izpostavljenosti do udeleženca ali izdajatelja, kadar obstaja močna korelacija med zavarovanjem, ki ga zagotovi ta udeleženec ali ga izda ta izdajatelj, in kreditnim tveganjem tega udeleženca ali izdajatelja;
‘one-sided payment’ means a payment involving only one funds transfer in one currency;
„delovni dan“ ima enak pomen, kakor je opredeljen v členu 2(n) Direktive 98/26/ES.
‘two-sided payment’ means a payment involving two funds transfers in different currencies in an exchange-for-value settlement system;
Člen 3
‘wrong-way risk’ means risk arising from exposure to a participant or issuer when the collateral provided by that participant or issued by that issuer is highly correlated with its credit risk;
Pravna zanesljivost
‘business day’ has the same meaning as defined in Article 2(n) of Directive 98/26/EC.
Upravljavec SPPS oceni, ali veljavni predpisi v vseh zadevnih pravnih sistemih zagotavljajo visoko stopnjo varnosti za vse pomembne vidike dejavnosti njegovega SPPS in jih podpirajo.
Article 3
Upravljavec SPPS vzpostavi pravila in postopke SPPS ter sklene pogodbe, ki so jasni in skladni z veljavnimi predpisi v vseh zadevnih pravnih sistemih.
Legal soundness
Upravljavec SPPS je zmožen, da pristojnemu organu, udeležencem in, kjer pride v poštev, strankam udeležencev na jasen in razumljiv način predstavi veljavne predpise, pravila, postopke in pogodbe v zvezi z delovanjem SPPS.
A SIPS operator shall assess whether the applicable law in all relevant legal systems provides a high degree of certainty for and supports each material aspect of the activities of its SIPS.
Upravljavec SPPS sprejme ukrepe, s katerimi zagotovi, da so njegovi pravila, postopki in pogodbe izvršljivi v vseh zadevnih pravnih sistemih ter da njegova dejanja, izvršena v skladu s temi pravili, postopki in pogodbami, ne bodo izpodbita, razveljavljena ali zadržana.
A SIPS operator shall establish SIPS rules and procedures and enter into contracts, which are clear and consistent with the applicable law in all relevant legal systems.
Upravljavec SPPS, ki opravlja dejavnost v več kot enem pravnem sistemu, ugotovi in obvladuje tveganja, ki izhajajo iz morebitne kolizije zakonov.
A SIPS operator shall be able to specify the applicable law, rules, procedures and contracts for the operation of a SIPS to the competent authority, participants, and, where relevant, participants' customers, in a clear and understandable way.
Upravljavec SPPS si po najboljših močeh prizadeva za določitev SPPS v skladu z Direktivo 98/26/ES.
A SIPS operator shall take measures to ensure that its rules, procedures, and contracts are enforceable in all relevant legal systems, and that the actions it takes under such rules, procedures and contracts will not be voided, reversed, or subject to stays.
Člen 4
A SIPS operator conducting business in more than one legal system shall identify and mitigate the risks arising from any potential conflict of laws.
Upravljanje
A SIPS operator shall use its best efforts to ensure the SIPS's designation under Directive 98/26/EC.
Upravljavec SPPS ima dokumentirane cilje, ki dajejo visoko prioriteto varnosti in učinkovitosti SPPS.
Article 4
Ti cilji izrecno podpirajo finančno stabilnost in druge zadevne vidike v javnem interesu, zlasti odprte in učinkovite finančne trge.
Governance
Upravljavec SPPS ima dokumentirano ureditev upravljanja, ki določa jasne in neposredne pristojnosti in odgovornosti.
A SIPS operator shall have documented objectives which place a high priority on the safety and efficiency of the SIPS.
Ta ureditev se da na voljo pristojnemu organu, lastnikom in udeležencem.
The objectives shall explicitly support financial stability and other relevant public interest considerations, in particular open and efficient financial markets.
Upravljavec SPPS da skrajšano različico te ureditve na voljo javnosti.
A SIPS operator shall have documented governance arrangements that provide clear and direct lines of responsibility and accountability.
Vloge in odgovornosti odbora so jasno določene.
These arrangements shall be made available to the competent authority, owners and participants.
Vloge in odgovornosti odbora vključujejo vse naslednje:
A SIPS operator shall make abridged versions thereof available to the public.
vzpostavitev jasnih strateških ciljev SPPS;
The Board's roles and responsibilities shall be clearly defined.
vzpostavitev dokumentiranih postopkov za delovanje SPPS, vključno s postopki za ugotavljanje, obravnavanje in upravljanje nasprotij interesov članov;
The Board's roles and responsibilities shall include all of the following:
razen pri SPPS Eurosistema, zagotovitev učinkovite izbire, spremljanja in, kjer pride v poštev, razrešitve članov poslovodstva;
establishing clear strategic aims for the SIPS;
razen pri SPPS Eurosistema, vzpostavitev ustreznih politik prejemkov, ki so skladne z najboljšimi praksami in temeljijo na dolgoročnih dosežkih.
establishing documented procedures for the SIPS' functioning, including procedures to identify, address and manage conflicts of interest of its members;
Razen pri SPPS Eurosistema odbor najmanj enkrat letno pregleda delo celotnega odbora in delo posameznih članov odbora.
with the exception of Eurosystem SIPS, ensuring the effective selection, monitoring, and, where appropriate, removal of members of Management;
Sestava odbora zagotavlja integriteto in, razen pri SPPS Eurosistema, ustrezno kombinacijo tehnične usposobljenosti, znanja in izkušenj na področju SPPS in finančnega trga na splošno, kar odboru omogoča izpolnjevanje njegovih vlog in odgovornosti.
with the exception of Eurosystem SIPS, establishing appropriate compensation policies, consistent with best practices and based on long-term achievements.
Sestava je odvisna tudi od splošne razdelitve pristojnosti po nacionalnem pravu.
Except for Eurosystem SIPS, the Board shall review both its overall performance and the performance of its individual Board members at least annually.
Razen pri SPPS Eurosistema odbor vključuje neizvršilne člane, če to dovoljuje nacionalno pravo.
The Board's composition shall ensure integrity and, except for Eurosystem SIPS, an appropriate mix of technical skills, knowledge and experience both of SIPS and of the financial market in general, allowing the Board to fulfil its respective roles and responsibilities.
Vloga, odgovornosti in linije poročanja poslovodstva so jasno določene.
The composition shall depend further on the general allocation of competencies according to the national law.
Sestava zagotavlja integriteto ter ustrezno kombinacijo tehnične usposobljenosti, znanja in izkušenj na področju SPPS in finančnega trga na splošno, kar poslovodstvu omogoča izpolnjevanje odgovornosti za poslovanje in upravljanje tveganj upravljavca SPPS.
Except for Eurosystem SIPS, when permitted by national law, the Board shall include non-executive board members.
Odgovornosti poslovodstva vključujejo, po navodilih odbora, zagotavljanje vsega naslednjega:
Management's role, responsibilities and reporting lines shall be clearly defined.
da so dejavnosti upravljavca SPPS skladne z njegovimi cilji, strategijo in ravnjo sprejemljivega tveganja;
The composition shall ensure integrity and an appropriate mix of technical skills, knowledge and experience both of SIPS and of the financial market in general, allowing Management to fulfil its responsibilities for the operation and risk management of the SIPS operator.
da so notranje kontrole in povezani postopki ustrezno zasnovani, izvajani in nadzirani, tako da podpirajo cilje upravljavca SPPS;
Management's responsibilities shall include, under Board direction, ensuring all of the following:
da notranje kontrole in povezane postopke redno pregledujeta in preizkušata funkciji upravljanja tveganj in notranje revizije, ki sta dobro usposobljeni in imata dovolj zaposlenih;
that the SIPS operator's activities are consistent with its objectives, strategy and risk tolerance;
dejavne vključenosti v proces nadzora tveganj;
that internal controls and related procedures are appropriately designed, executed and overseen in order to promote the SIPS operator's objectives;
da so okviru za upravljanje tveganj SPPS dodeljeni zadostni viri.