natgillin/translations-raw huggingface dataset:
Without prejudice to Articles 64 to 69, a supervisory authority may transmit information intended for the performance of their tasks to the following:
V izrednih razmerah, tudi v izrednih razmerah iz člena 18 Uredbe (EU) št. 1094/2010 države članice nadzornim organom dovolijo, da nemudoma posredujejo informacije centralnim bankam ESCB, vključno z ECB, kadar so te informacije pomembne za opravljanje njihovih zakonsko predpisanih nalog, vključno z vodenjem monetarne politike in s tem povezanim zagotavljanjem likvidnosti, nadzorom plačil, klirinških sistemov in sistemov poravnave vrednostnih papirjev ter varovanjem stabilnosti finančnega sistema, pa tudi Evropskemu sistemu centralnih bank, kadar so te informacije pomembne za njegove naloge.
central banks of the European System of Central Banks (ESCB), including the European Central Bank (ECB) and other bodies with a similar function in their capacity as monetary authorities where this information is relevant to their respective statutory tasks, including the conduct of monetary policy and related liquidity provision, oversight of payments, clearing and securities settlement systems and safeguarding the stability of the financial system;
Ti organi ali telesa lahko tudi posredujejo nadzornim organom informacije, ki jih ti utegnejo potrebovati za namene člena 67.
where appropriate, other national public authorities responsible for overseeing payment systems; and
Za informacije, prejete v tem okviru, veljajo določbe o poslovni skrivnosti, določene v tem oddelku.
the European Systemic Risk Board (ESRB), established by Regulation (EU) No 1092/2010 of the European Parliament and of the Council, where that information is relevant to carrying out its tasks.
člen 71 se spremeni:
In an emergency situation, including an emergency situation as referred to in Article 18 of Regulation (EU) No 1094/2010, Member States shall allow the supervisory authorities to communicate, without delay, information to the central banks of the ESCB, including the ECB, where that information is relevant to their statutory tasks including the conduct of monetary policy and related liquidity provision, oversight of payments, clearing and securities settlement systems and safeguarding the stability of the financial system, and to the ESRB, where such information is relevant to its tasks.
Države članice zagotovijo, da pristojni organi pri opravljanju svojih nalog upoštevajo konvergenco glede nadzornih orodij in nadzornih praks pri uporabi zakonov in drugih predpisov, sprejetih na podlagi te direktive.
Such authorities or bodies may also communicate to the supervisory authorities such information as they may need for the purposes of Article 67.
V ta namen države članice zagotovijo, da:
Information received in this context shall be subject to the provisions on professional secrecy laid down in this Section.
nadzorni organi sodelujejo pri dejavnostih EIOPA;
Article 71 is amended as follows:
nadzorni organi si čim bolj prizadevajo upoštevati smernice in priporočila, ki jih EIOPA izda v skladu členom 16 Uredbe (EU) št. 1094/2010, ter navedejo razloge, če tega ne storijo;
Member States shall ensure that in the exercise of their duties supervisory authorities have regard to the convergence in respect of supervisory tools and supervisory practices in the application of the laws, regulations and administrative requirements adopted pursuant to this Directive.
nacionalne pristojnosti, podeljene nadzornim organom, ne ovirajo izvajanja njihovih dolžnosti, ki jih imajo kot člani EIOPA ali v skladu s to direktivo.“;
For that purpose, Member States shall ensure that:
odstavek 3 se črta;
the supervisory authorities participate in the activities of EIOPA;
v členu 75 se odstavek 2 nadomesti z naslednjim:
the supervisory authorities make every effort to comply with the guidelines and recommendations issued by EIOPA in accordance with Article 16 of Regulation (EU) No 1094/2010 and state reasons if they do not do so;
Komisija v skladu s členom 301a sprejme delegirane akte za določitev metod in predpostavk, ki se bodo uporabljale pri vrednotenju sredstev in obveznosti iz odstavka 1.
national mandates conferred on the supervisory authorities do not inhibit the performance of their duties as members of EIOPA or under this Directive.’;
Za dosledno harmonizacijo pri vrednotenju sredstev in obveznosti EIOPA na podlagi člena 301b pripravi osnutek regulativnih tehničnih standardov za določitev:
paragraph 3 is deleted;
skladnosti teh računovodskih standardov s pristopi k vrednotenju sredstev in obveznosti, kakor je določeno v odstavkih 1 in 2, če se v delegiranih aktih iz odstavka 2 zahteva uporaba mednarodnih računovodskih standardov, kot jih je Komisija sprejela v skladu z Uredbo (ES) št. 1606/2002;
in Article 75, paragraph 2 is replaced by the following:
metod in predpostavk, ki se uporabijo, kadar navedene tržne cene niso na voljo ali kadar mednarodni računovodski standardi, kot jih je Komisija sprejela v skladu z Uredbo (ES) št. 1606/2002, začasno ali trajno niso skladni s pristopom k vrednotenju sredstev in obveznosti, kakor je določeno v odstavkih 1 in 2;
The Commission shall adopt delegated acts in accordance with Article 301a to lay down the methods and assumptions to be used in the valuation of assets and liabilities as laid down in paragraph 1.
metod in predpostavk, ki se uporabijo pri vrednotenju sredstev in obveznosti iz odstavka 1, kadar delegirani akti iz odstavka 2 dopuščajo uporabo alternativnih metod vrednotenja.
In order to ensure consistent harmonisation in relation to valuation of assets and liabilities, EIOPA shall, subject to Article 301b, develop draft regulatory technical standards to specify:
vstavijo se naslednji členi:
to the extent that the delegated acts referred to in paragraph 2 require the use of international accounting standards as adopted by the Commission in accordance with Regulation (EC) No 1606/2002, the consistency of those accounting standards with the valuation approach of assets and liabilities as laid down in paragraphs 1 and 2;
„Člen 77a
the methods and assumptions to be used where quoted market prices are either not available or where international accounting standards as adopted by the Commission in accordance with Regulation (EC) No 1606/2002 are either temporarily or permanently inconsistent with the valuation approach of assets and liabilities as laid down in paragraphs 1 and 2;
Ekstrapolacija ustrezne časovne strukture netvegane obrestne mere
the methods and assumptions to be used in the valuation of assets and liabilities as laid down in paragraph 1, where the delegated acts referred to in paragraph 2 allow for the use of alternative valuation methods.
Pri določanju ustrezne časovne strukture netvegane obrestne mere iz člena 77(2) se uporabijo informacije, ki izhajajo iz ustreznih finančnih instrumentov, in zagotovi skladnost z njimi.
the following articles are inserted:
Pri tem določanju se upoštevajo ustrezni finančni instrumenti tistih zapadlosti, pri katerih so trgi za te finančne instrumente, pa tudi za obveznice, razviti, likvidni in pregledni.
‘Article 77a
Za zapadlosti, pri katerih trgi za ustrezne finančne instrumente ali obveznice niso več razviti, likvidni in pregledni, se časovna struktura netvegane obrestne mere ekstrapolira.
Extrapolation of the relevant risk-free interest rate term structure
Ekstrapolirani del ustrezne časovne strukture netvegane obrestne mere temelji na terminskih tečajih, ki nemoteno konvergirajo od enega terminskega tečaja ali njihovega sklopa v zvezi z najdaljšimi zapadlostmi, za katere je mogoče spremljati ustrezni finančni instrument in obveznice na razvitem in likvidnem trgu, do končnega terminskega tečaja.
The determination of the relevant risk-free interest rate term structure referred to in Article 77(2) shall make use of, and be consistent with, information derived from relevant financial instruments.
Člen 77b
That determination shall take into account relevant financial instruments of those maturities where the markets for those financial instruments as well as for bonds are deep, liquid and transparent.
Uskladitvena prilagoditev ustrezne časovne strukture netvegane obrestne mere
For maturities where the markets for the relevant financial instruments or for bonds are no longer deep, liquid and transparent, the relevant risk-free interest rate term structure shall be extrapolated.
Zavarovalnice in pozavarovalnice lahko uporabijo uskladitveno prilagoditev ustrezne časovne strukture netvegane obrestne mere za izračun najboljše ocene portfelja obveznosti življenjskega zavarovanja, vključno z rentami, ki izhajajo iz neživljenjskih zavarovalnih in pozavarovalnih pogodb, kar morajo predhodno odobriti nadzorni organi, če so izpolnjeni naslednji pogoji:
The extrapolated part of the relevant risk-free interest rate term structure shall be based on forward rates converging smoothly from one or a set of forward rates in relation to the longest maturities for which the relevant financial instrument and the bonds can be observed in a deep, liquid and transparent market to an ultimate forward rate.
zavarovalnica ali pozavarovalnica je določila portfelj sredstev, sestavljen iz obveznic in drugih sredstev, ki imajo podobne značilnosti denarnih tokov, da bi krila najboljšo oceno portfelja zavarovalnih in pozavarovalnih obveznosti, in to določitev ohranja v času trajanja obveznosti, razen za namene ohranjanja replikacije pričakovanih denarnih tokov med sredstvi in obveznostmi, kadar so se denarni tokovi bistveno spremenili;
Article 77b
portfelj zavarovalnih in pozavarovalnih obveznosti, za katerega se uporabi uskladitvena prilagoditev, in določeni portfelj sredstev sta opredeljena ter se organizirata in upravljata ločeno od drugih dejavnosti institucij, določeni portfelj sredstev pa se ne more uporabiti za kritje izgub iz drugih dejavnosti zadevnih podjetij;
Matching adjustment to the relevant risk-free interest rate term structure
pričakovani denarni tokovi določenega portfelja sredstev replicirajo vse pričakovane denarne tokove portfelja zavarovalnih in pozavarovalnih obveznosti v isti valuti, morebitno neujemanje pa ne povzroči bistvenih tveganj glede na tveganja, ki so del zavarovalnega ali pozavarovalnega posla, za katerega se uporabi uskladitvena prilagoditev;
Insurance and reinsurance undertakings may apply a matching adjustment to the relevant risk-free interest rate term structure to calculate the best estimate of a portfolio of life insurance or reinsurance obligations, including annuities stemming from non-life insurance or reinsurance contracts subject to prior approval by the supervisory authorities where the following conditions are met:
pogodbe, ki so podlaga za portfelj zavarovalnih in pozavarovalnih obveznosti, ne privedejo do prihodnjih izplačil premij;
the insurance or reinsurance undertaking has assigned a portfolio of assets, consisting of bonds and other assets with similar cash-flow characteristics, to cover the best estimate of the portfolio of insurance or reinsurance obligations and maintains that assignment over the lifetime of the obligations, except for the purpose of maintaining the replication of expected cash flows between assets and liabilities where the cash flows have materially changed;
edina zavarovalna tveganja, povezana s portfeljem zavarovalnih in pozavarovalnih obveznosti, so tveganje dolgoživosti, tveganje stroškov, tveganje revizij in tveganje umrljivosti;
the portfolio of insurance or reinsurance obligations to which the matching adjustment is applied and the assigned portfolio of assets are identified, organised and managed separately from other activities of the undertakings, and the assigned portfolio of assets cannot be used to cover losses arising from other activities of the undertakings;
kadar zavarovano tveganje, povezano s portfeljem zavarovalnih ali pozavarovalnih obveznosti, vključuje tveganje umrljivosti, najboljša ocena portfelja zavarovalnih ali pozavarovalnih obveznosti ne naraste za več kot 5 % ob udaru tveganja umrljivosti, ki se izračuna v skladu z načeli iz člena 101(2) do (5);
the expected cash flows of the assigned portfolio of assets replicate each of the expected cash flows of the portfolio of insurance or reinsurance obligations in the same currency and any mismatch does not give rise to risks which are material in relation to the risks inherent in the insurance or reinsurance business to which the matching adjustment is applied;
pogodbe, ki so podlaga za portfelj zavarovalnih ali pozavarovalnih obveznosti, ne vključujejo opcij za imetnika police ali vključujejo zgolj opcijo odkupa, kadar odkupna vrednost ne presega vrednosti sredstev, vrednotenih v skladu s členom 75, ki krijejo zavarovalne ali pozavarovalne obveznosti v trenutku, ko se uveljavlja opcija odkupa;
the contracts underlying the portfolio of insurance or reinsurance obligations do not give rise to future premium payments;
denarni tokovi določenega portfelja sredstev so fiksni in jih izdajatelji sredstev ali tretje osebe ne morejo spremeniti;
the only underwriting risks connected to the portfolio of insurance or reinsurance obligations are longevity risk, expense risk, revision risk and mortality risk;
pri sestavljanju portfelja zavarovalnih in pozavarovalnih obveznosti za namene tega odstavka zavarovalne ali pozavarovalne obveznosti zavarovalne ali pozavarovalne pogodbe niso razdeljene v različne dele.
where the underwriting risk connected to the portfolio of insurance or reinsurance obligations includes mortality risk, the best estimate of the portfolio of insurance or reinsurance obligations does not increase by more than 5 % under a mortality risk stress that is calibrated in accordance with Article 101(2) to (5);
Ne glede na točko (h) prvega pododstavka lahko zavarovalnice ali pozavarovalnice uporabijo sredstva, katerih denarni tokovi so z izjemo odvisnosti od inflacije fiksni, pod pogojem, da ta sredstva replicirajo denarne tokove portfelja zavarovalnih in pozavarovalnih obveznosti, ki so odvisni od inflacije.
the contracts underlying the portfolio of insurance or reinsurance obligations include no options for the policy holder or only a surrender option where the surrender value does not exceed the value of the assets, valued in accordance with Article 75, covering the insurance or reinsurance obligations at the time the surrender option is exercised;
Kadar imajo izdajatelji ali tretje strani pravico spremeniti denarne tokove posameznih sredstev z zagotovitvijo zadostnega plačila za vlagatelja, tako da omogočijo enake denarne tokove s ponovno naložbo v sredstva enake ali boljše kreditne kakovosti, pravica do spremembe denarnih tokov ne ukinja možnosti vključitve teh sredstev v določeni portfelj v skladu s točko (h) prvega pododstavka.
the cash flows of the assigned portfolio of assets are fixed and cannot be changed by the issuers of the assets or any third parties;
Zavarovalnice ali pozavarovalnice, ki uporabljajo uskladitveno prilagoditev za portfelje zavarovalnih in pozavarovalnih obveznosti, ne uporabijo ponovno pristopa, ki ne vključuje uskladitvene prilagoditve.
the insurance or reinsurance obligations of an insurance or reinsurance contract are not split into different parts when composing the portfolio of insurance or reinsurance obligations for the purpose of this paragraph.
Kadar zavarovalnica ali pozavarovalnica, ki uporablja uskladitveno prilagoditev, ne more več izpolnjevati pogojev iz odstavka 1, o tem nemudoma obvesti nadzorni organ in sprejme potrebne ukrepe za ponovno izpolnjevanje teh pogojev.
Notwithstanding point (h) of the first subparagraph, insurance or reinsurance undertakings may use assets where the cash flows are fixed except for a dependence on inflation, provided that those assets replicate the cash flows of the portfolio of insurance or reinsurance obligations that depend on inflation.
Kadar zavarovalnica ali pozavarovalnica v roku dveh mesecev od datuma neizpolnjevanja ne more ponovno izpolnjevati teh pogojev, pri svojih zavarovalnih in pozavarovalnih obveznostih ne sme več uporabljati uskladitvene prilagoditve in je ne sme uporabljati v obdobju nadaljnjih 24 mesecev.
In the event that issuers or third parties have the right to change the cash flows of an asset in such a manner that the investor receives sufficient compensation to allow it to obtain the same cash flows by re-investing in assets of an equivalent or better credit quality, the right to change the cash flows shall not disqualify the asset for admissibility to the assigned portfolio in accordance with point (h) of the first subparagraph.
Uskladitvena prilagoditev se ne uporablja pri zavarovalnih in pozavarovalnih obveznostih, kadar ustrezna časovna struktura netvegane obrestne mere za izračun najboljše ocene portfelja teh obveznosti vključuje prilagoditev za nestanovitnost na podlagi člena 77d ali prehodni ukrep glede netveganih obrestnih mer na podlagi člena 308c.
Insurance or reinsurance undertakings that apply the matching adjustment to a portfolio of insurance or reinsurance obligations shall not revert back to an approach that does not include a matching adjustment.
Člen 77c
Where an insurance or reinsurance undertaking that applies the matching adjustment is no longer able to comply with the conditions set out in paragraph 1, it shall immediately inform the supervisory authority and take the necessary measures to restore compliance with those conditions.
Izračun uskladitvene prilagoditve
Where the undertaking is not able to restore compliance with those conditions within two months of the date of non-compliance, it shall cease to apply the matching adjustment to any of its insurance or reinsurance obligations and shall not apply the matching adjustment for a period of a further 24 months.
Za vsako valuto se uskladitvena prilagoditev iz člena 77b izračuna v skladu z naslednjimi načeli:
The matching adjustment shall not be applied with respect to insurance or reinsurance obligations where the relevant risk-free interest rate term structure to calculate the best estimate for those obligations includes a volatility adjustment under Article 77d or transitional measure on the risk-free interest rates under Article 308c.
uskladitvena prilagoditev mora biti enaka razliki med:
Article 77c
letno efektivno obrestno mero, izračunano kot enotna diskontna stopnja, ki, kadar se uporabi za denarne tokove portfelja zavarovalnih ali pozavarovalnih obveznosti, privede do vrednosti, ki je enaka vrednosti portfelja dodeljenih sredstev v skladu s členom 75;
Calculation of the matching adjustment
letno efektivno obrestno mero, izračunano kot enotna diskontna stopnja, ki, kadar se uporabi za denarne tokove portfelja zavarovalnih in pozavarovalnih obveznosti, privede do vrednosti, ki je enaka vrednosti najboljše ocene portfelja zavarovalnih in pozavarovalnih obveznosti, kadar se upošteva časovna vrednost denarja ob uporabi osnovne časovne strukture netvegane obrestne mere;
For each currency the matching adjustment referred to in Article 77b shall be calculated in accordance with the following principles:
uskladitvena prilagoditev ne sme vključevati temeljnega razmika, ki odraža tveganja, ki jih ohranja zavarovalnica ali pozavarovalnica;
the matching adjustment must be equal to the difference of the following:
ne glede na točko (a) se temeljni razmik mora povečati, kadar je treba zagotoviti, da uskladitvena prilagoditev za sredstva s kreditno kvaliteto, ki je nižja od naložbenega razreda, ne presega uskladitvenih prilagoditev za sredstva s kreditno kvaliteto naložbenega razreda ter z enako ročnostjo in iz istega razreda sredstev;
the annual effective rate, calculated as the single discount rate that, where applied to the cash flows of the portfolio of insurance or reinsurance obligations, results in a value that is equal to the value in accordance with Article 75 of the portfolio of assigned assets;
uporaba zunanje kreditne ocene v izračunu uskladitvene prilagoditve mora biti v skladu s členom 111(1)(n).
the annual effective rate, calculated as the single discount rate that, where applied to the cash flows of the portfolio of insurance or reinsurance obligations, results in a value that is equal to the value of the best estimate of the portfolio of insurance or reinsurance obligations where the time value of money is taken into account using the basic risk-free interest rate term structure;
Za namene odstavka 1(b) je temeljni razmik:
the matching adjustment must not include the fundamental spread reflecting the risks retained by the insurance or reinsurance undertaking;
enak vsoti naslednjega:
notwithstanding point (a), the fundamental spread must be increased where necessary to ensure that the matching adjustment for assets with sub-investment grade credit quality does not exceed the matching adjustments for assets of investment grade credit quality and the same duration and asset class;
kreditnega razmika, ki ustreza verjetnosti neplačila sredstev;
the use of external credit assessments in the calculation of the matching adjustment must be in accordance with Article 111(1)(n).
kreditnega razmika, ki ustreza pričakovani izgubi, ki je posledica znižanja bonitete sredstev;
For the purposes of paragraph 1(b), the fundamental spread shall be:
pri izpostavljenosti do centralne vlade in centralnih bank držav članic ni nižji od 30 % dolgoročnega povprečja razmika od netvegane obrestne mere sredstev z isto ročnostjo, kreditno kvaliteto in iz istega razreda, kot je mogoče ugotoviti na finančnih trgih;
equal to the sum of the following:
pri sredstvih, ki niso izpostavljenosti do centralne vlade in centralnih bank držav članic, ni nižji od 35 % dolgoročnega povprečja razmika od netvegane obrestne mere sredstev z isto ročnostjo, kreditno kvaliteto in iz istega razreda, kot je to mogoče ugotoviti na finančnih trgih.
the credit spread corresponding to the probability of default of the assets;
Verjetnost neplačila iz točke (a)(i) prvega pododstavka temelji na dolgoročnih statistikah neplačila, ki so ustrezne za sredstva v zvezi z njihovo ročnostjo, kreditno kvaliteto in razredom.
the credit spread corresponding to the expected loss resulting from downgrading of the assets;
Kadar iz statistike neplačila iz drugega pododstavka ni mogoče izračunati verodostojnega kreditnega razmika, je temeljni razmik enak deležu dolgoročnega povprečja razmika od osnovne netvegane obrestne mere iz točk (b) in (c).
for exposures to Member States' central governments and central banks, no lower than 30 % of the long-term average of the spread over the risk-free interest rate of assets of the same duration, credit quality and asset class, as observed in financial markets;
Člen 77d
for assets other than exposures to Member States' central governments and central banks, no lower than 35 % of the long-term average of the spread over the risk-free interest rate of assets of the same duration, credit quality and asset class, as observed in financial markets.
Prilagoditev za nestanovitnost za ustrezno časovno strukturo netvegane obrestne mere
The probability of default referred to in point (a)(i) of the first subparagraph shall be based on long-term default statistics that are relevant for the asset in relation to its duration, credit quality and asset class.
Države članice lahko zahtevajo, da zavarovalnice in pozavarovalnice za uporabo prilagoditve za nestanovitnost za ustrezno časovno strukturo netvegane obrestne mere pri izračunu najboljše ocene iz člena 77(2) prej pridobijo odobritev nadzornih organov.
Where no reliable credit spread can be derived from the default statistics referred to in the second subparagraph, the fundamental spread shall be equal to the portion of the long-term average of the spread over the risk-free interest rate set out in points (b) and (c).
Za vsako zadevno valuto prilagoditev za nestanovitnost za ustrezno časovno strukturo netvegane obrestne mere temelji na razmiku med obrestno mero, ki bi jo bilo mogoče dobiti iz sredstev, vključenih v referenčni portfelj sredstev zadevne valute, in stopnjami ustrezne časovno strukture netvegane obrestne mere za to valuto.
Article 77d
Referenčni portfelj valute je reprezentativen za sredstva v tej valuti, v katera so zavarovalnice in pozavarovalnice vložile za kritje najboljše ocene za zavarovalne in pozavarovalne obveznosti v tej valuti.