natgillin/translations-raw huggingface dataset:
It shall regularly review this amount, inter alia, by considering a wide range of scenarios, including:
Vzpostavi jasne postopke za poročanje odboru o rezultatih obremenitvenih testov.
the peak historic price volatilities of the above mentioned assets;
Te rezultate uporabi za oceno ustreznosti svojega okvira za upravljanje likvidnostnega tveganja in prilagoditve tega okvira.
shifts in other market factors including, inter alia, price determinants and yield curves;
Upravljavec SPPS vzpostavi jasna pravila in postopke, ki SPPS omogočijo, da po neizpolnitvi obveznosti enega ali več udeležencev izvrši poravnavo plačilnih obveznosti isti dan in, kjer je ustrezno, pravočasno poravnavo znotraj dne ali v več dneh.
one or more participant defaults on the same day and on different subsequent days;
Ti pravila in postopki:
simultaneous pressures in funding and assets markets;
obravnavajo nepredvideno in potencialno nekrito pomanjkanje likvidnosti;
a spectrum of forward-looking stress scenarios in a variety of extreme but plausible market conditions.
so namenjeni temu, da ne pride do razveljavitve, preklica ali zamude poravnave plačilnih obveznosti isti dan;
Such scenarios shall also take into account the design and operation of the SIPS;
določijo, kako obnoviti denar in drugo finančno premoženje, ki ju je SPPS uporabil med obremenitvijo, na raven, ki je določena v odstavkih 3 do 5.
examine all entities that might pose material liquidity risks to the SIPS, including, inter alia, settlement banks, nostro agents, custodian banks, liquidity providers, and linked FMIs;
Člen 9
and where appropriate, cover a multiday period.
Dokončna poravnava
A SIPS operator shall document its reasons for holding, and shall have appropriate governance arrangements relating to, the amount of cash and other assets maintained by the SIPS operator or participants.
Upravljavec SPPS vzpostavi pravila in postopke, s katerimi omogoči, da se dokončna poravnava izvrši najkasneje ob koncu nameravanega dneva poravnave.
It shall establish clear procedures for reporting the results of its stress tests to the Board.
Člen 10
It shall use these results to evaluate the adequacy of and make adjustments to its liquidity risk-management framework.
Denarne poravnave
A SIPS operator shall establish clear rules and procedures enabling the SIPS to effect same-day and, where appropriate, timely intraday and multiday settlement of payment obligations following the default of one or more of its participants.
Upravljavec SPPS, ki opravlja poravnavo enostranskih plačil v eurih, zagotovi, da se dokončna poravnava izvrši v centralnobančnem denarju.
These rules and procedures shall:
Upravljavec SPPS, ki opravlja poravnavo dvostranskih plačil ali enostranskih plačil v valutah, ki niso euro, zagotovi, da se dokončna poravnava izvrši v centralnobančnem denarju, kadar je to uporabljivo in na voljo.
address unforeseen and potentially uncovered liquidity shortfalls;
Če se ne uporabi centralnobančni denar, upravljavec SPPS zagotovi, da se denarne poravnave izvršijo z uporabo sredstva za poravnavo, ki ima nizko kreditno in likvidnostno tveganje ali je brez takega tveganja.
aim to avoid the unwinding, revocation or delay of same-day settlement of payment obligations;
Če se poravnava izvrši v denarju poslovne banke, upravljavec SPPS spremlja, upravlja in omejuje kreditno in likvidnostno tveganje, ki izhaja iz poslovnih poravnalnih bank.
indicate how to replenish the cash and other assets used by the SIPS during a stress event, to the extent required pursuant to paragraphs 3 to 5.
Upravljavec SPPS zlasti vzpostavi in spremlja skladnost svojih poravnalnih bank s strogimi merili, ki med drugim upoštevajo reguliranje in nadzor, kreditno sposobnost, stanje kapitala, dostop do likvidnosti in operativno zanesljivost teh poravnalnih bank.
Article 9
Upravljavec SPPS tudi spremlja in upravlja koncentracijo kreditnih in likvidnostnih izpostavljenosti do poslovnih poravnalnih bank SPPS.
Final settlement
Če upravljavec SPPS opravlja denarne poravnave v svojih poslovnih knjigah, zmanjšuje in strogo nadzira svoje kreditno in likvidnostno tveganje.
A SIPS operator shall establish rules and procedures to enable final settlement to take place no later than the end of the intended settlement date.
Če se poravnava izvršuje v denarju poslovne banke, se v pravnih sporazumih upravljavca SPPS z vsako poslovno poravnalno banko jasno določi:
Article 10
kdaj se pričakuje, da se bodo zgodili prenosi v poslovnih knjigah posamezne poravnalne banke;
Money settlements
da morajo biti prenosi dokončni, ko so izvršeni;
A SIPS operator settling one-sided payments in euro shall ensure that final settlement takes place in central bank money.
da mora biti možno prejeta sredstva prenesti čim prej, najkasneje do konca dne.
A SIPS operator settling two-sided payments or one-sided payments in currencies other than euro shall ensure that final settlement takes place in central bank money where practicable and available.
Člen 11
If central bank money is not used, a SIPS operator shall ensure that money settlements take place using a settlement asset with little or no credit and liquidity risk.
Plačilo proti plačilu
If a settlement takes place in commercial bank money, the SIPS operator shall monitor, manage, and limit credit and liquidity risks arising from the commercial settlement banks.
Upravljavec SPPS, ki uporablja mehanizem plačila proti plačilu, odpravi tveganje izgube glavnice s tem, da zagotovi, da se dokončna poravnava ene obveznosti zgodi takrat in samo takrat, ko se zgodi tudi dokončna poravnava povezane obveznosti.
In particular, the SIPS operator shall establish and monitor adherence to strict criteria for its settlement banks that take account of, among other things, their regulation and supervision, creditworthiness, capitalisation, access to liquidity, and operational reliability.
To pravilo se spoštuje ne glede na to, ali se poravnava izvrši na bruto ali neto osnovi, in ne glede na to, kdaj nastopi dokončnost.
The SIPS operator shall also monitor and manage the concentration of credit and liquidity exposures to the SIPS's commercial settlement banks.
Člen 12
If a SIPS operator conducts money settlements on its own books, it shall minimise and strictly control its credit and liquidity risks.
Pravila in postopki za primer neizpolnitve obveznosti udeleženca
If a settlement takes place in commercial bank money, a SIPS operator's legal agreements with any commercial settlement banks shall state clearly:
Upravljavec SPPS v pravilih in postopkih SPPS določi opredelitev pojma neizpolnitve obveznosti udeleženca, ki vključuje najmanj neizpolnitev finančnih obveznosti udeleženca ob zapadlosti med drugim zaradi operativnih razlogov, kršitev pogodbe ali začetek postopka zaradi insolventnosti tega udeleženca.
when transfers on the books of individual settlement banks are expected to occur;
Upravljavec SPPS razlikuje med primeri izpolnitve obveznosti, ki nastopijo samodejno, in tistimi, o katerih je treba odločati.
that transfers are to be final when effected;
Za primere neizpolnitve obveznosti, o katerih je treba odločati, upravljavec SPPS določi, kateri subjekt o tem odloča.
that funds received shall be transferable as soon as possible, at least by the end of the day.
To opredelitev pregleda najmanj enkrat letno.
Article 11
Upravljavec SPPS ima pravila in postopke za primer neizpolnitve obveznosti, ki mu omogočijo, da v primeru neizpolnitve obveznosti udeleženca še naprej izpolnjuje svoje obveznosti, in urejajo obnovitev sredstev po neizpolnitvi obveznosti.
Payment versus payment
Ta pravila in postopki določajo najmanj vse naslednje:
A SIPS operator using a payment versus payment mechanism shall eliminate principal risk by ensuring that the final settlement of one obligation occurs if and only if the final settlement of the linked obligation also occurs.
ukrepe, ki jih lahko izvede upravljavec SPPS, ko pride do neizpolnitve obveznosti;
This rule shall be followed regardless of whether settlement takes place on a gross or net basis and when finality occurs.
ali so ti ukrepi samodejni ali je treba o njih odločati in način, kako se o slednjih odloča;
Article 12
možne spremembe običajnih postopkov poravnave upravljavca SPPS, da se zagotovi pravočasna poravnava;
Participant-default rules and procedures
ravnanje s plačili na različnih stopnjah obdelave;
A SIPS operator shall establish a definition of participant default in the SIPS rules and procedures, which shall include, as a minimum, a participant's failure to meet its financial obligations when they fall due, as a result, inter alia, ofoperational reasons, breach of agreement, or the commencement of insolvency proceedings against such participant.
verjetni vrstni red ukrepov;
A SIPS operator shall distinguish between automatic and discretionary default.
vloge, obveznosti in odgovornosti zadevnih strank, vključno z udeleženci, pri katerih ni prišlo do neizpolnitve obveznosti;
In the case of discretionary default, the SIPS operator shall specify which entity shall exercise that discretion.
druge mehanizme, ki se sprožijo, da se omeji vpliv neizpolnitve obveznosti.
It shall review this definition at least annually.
Upravljavec SPPS je pripravljen na izvedbo svojih pravil in postopkov za primer neizpolnitve obveznosti, vključno z vsemi ustreznimi postopki, o katerih je treba odločati in so določeni v njegovih pravilih.
A SIPS operator shall have default rules and procedures that enable it to continue to meet its obligations in the event of a participant default, which address the replenishment of resources following a default.
Upravljavec SPPS med drugim zagotovi:
The rules and procedures shall define, as a minimum, all of the following:
Upravljavec SPPS javno razkrije ključne vidike pravil in postopkov, navedenih v odstavku 2, ki vključujejo najmanj vse naslednje:
the actions that a SIPS operator can take when a default occurs;
okoliščine, ko se izvedejo ukrepi;
whether taking such actions is automatic or discretionary and the means by which that discretion is exercised;
kdo izvede te ukrepe;
potential changes to a SIPS operator's normal settlement practices to ensure timely settlement;
obseg ukrepov, ki se izvedejo;
the management of payments at different stages of processing;
mehanizme za ureditev obveznosti upravljavca SPPS do udeležencev, pri katerih ni prišlo do neizpolnitve obveznosti.
the probable sequencing of actions;
Upravljavec SPPS preizkusi in pregleda pravila in postopke SPPS, navedene v odstavku 2, najmanj enkrat letno oziroma po vsaki pomembni spremembi v SPPS, ki vpliva na ta pravila in postopke.
the roles, obligations and responsibilities of the relevant parties, including non-defaulting participants;
Upravljavec SPPS v te preizkuse in preglede vključi udeležence SPPS in zadevne deležnike.
other mechanisms to be activated to limit the impact of a default.
Člen 13
A SIPS operator shall be prepared to implement its default rules and procedures, including any appropriate discretionary procedures provided for in its rules.
Splošno poslovno tveganje
A SIPS operator shall ensure, inter alia, that:
Upravljavec SPPS vzpostavi zanesljive sisteme upravljanja in nadzora za ugotavljanje, spremljanje in upravljanje splošnih poslovnih tveganj, vključno z izgubami zaradi slabega izvrševanja poslovne strategije, negativnih denarnih tokov ali nepričakovanih in čezmerno visokih poslovnih odhodkov.
A SIPS operator shall publicly disclose the key aspects of the rules and procedures outlined in paragraph 2, including, as a minimum, all of the following:
Upravljavec SPPS vzdržuje uresničljiv načrt za sanacijo ali, razen pri SPPS Eurosistema, za urejeno prenehanje.
the circumstances in which action shall be taken;
Upravljavec SPPS ima likvidna neto sredstva, financirana z lastniškim kapitalom, ki zadostujejo za izvedbo načrta iz odstavka 3.
who shall take those actions;
Kot minimum ima upravljavec SPPS likvidna neto sredstva, financirana z lastniškim kapitalom, v vrednosti, ki je enaka najmanj šestmesečnim tekočim poslovnim odhodkom.
the scope of the actions which shall be taken;
Ta sredstva so dodatna k sredstvom, ki se vodijo za kritje neizpolnitve obveznosti udeležencev ali drugih tveganj iz členov 6 in 8.
the mechanisms to address a SIPS operator's obligations towards non-defaulting participants.
Za izognitev dvojnim kapitalskim zahtevam se lahko vključi lastniški kapital, ki se vodi po mednarodnih standardih za kapital na osnovi tveganj.
A SIPS operator shall test and review the SIPS rules and procedures outlined in paragraph 2 at least annually or after any material changes to the SIPS affecting those rules and procedures.
Sredstva, ki se vodijo za kritje splošnega poslovnega tveganja, morajo biti dovolj likvidna in visoko kakovostna, da so pravočasno na voljo.
A SIPS operator shall involve SIPS participants and relevant stakeholders in such testing and review.
Upravljavec SPPS je zmožen ta sredstva unovčiti z majhnim negativnim učinkom na cene ali brez takega učinka, tako da lahko nadaljuje s poslovanjem kot delujoče podjetje, če utrpi splošne poslovne izgube.
Article 13
Upravljavec SPPS vzpostavi uresničljiv načrt za zbiranje dodatnega lastniškega kapitala, če bi se njegov lastniški kapital znižal na raven blizu zneska iz odstavka 4 ali pod tem zneskom.
General business risk
Načrt se predloži v potrditev odboru in se posodobi najmanj enkrat letno.
A SIPS operator shall establish robust management and control systems to identify, monitor, and manage general business risks, including losses resulting from poor execution of business strategy, negative cash flows, or unexpected and excessively large operating expenses.
Odstavki 2 in 4 do 6 se ne uporabljajo za SPPS Eurosistema.
A SIPS operator shall hold liquid net assets funded, by equity, e.g. common stock, disclosed reserves or other retained earnings, so that it can continue operations and services as a going concern if it incurs general business losses.
Člen 14
The amount of these assets shall be determined by its general business risk profile and the length of time required to achieve a recovery or orderly wind-down of its critical operations and services if such action is taken.
Skrbniško in naložbeno tveganje
A SIPS operator shall maintain a viable recovery or, except for Eurosystem SIPS, orderly wind-down plan.
Upravljavec SPPS ima svoje finančno premoženje in finančno premoženje udeležencev pri nadziranih in reguliranih subjektih (v nadaljnjem besedilu: skrbniki), ki imajo računovodske prakse, postopke hrambe in notranje kontrole, ki to finančno premoženje popolnoma varujejo pred tveganjem izgube v primeru skrbnikove ali podskrbnikove insolventnosti, malomarnosti, goljufije, slabega upravljanja ali neustreznega vodenja evidenc.
A SIPS operator shall hold sufficient liquid net assets funded by equity to implement the plan referred in paragraph 3.
Upravljavec ima pravočasen dostop do svojega finančnega premoženja in finančnega premoženja, ki so ga zagotovili udeleženci.
As a minimum, a SIPS operator shall hold liquid net assets funded by equity with a value equal to at least six months of current operating expenses.
Upravljavec SPPS oceni in razume svoje izpostavljenosti do skrbniških bank, pri čemer upošteva celoten nabor svojih razmerij z vsako od njih.
These assets are in addition to resources held to cover participant defaults or other risks covered under Articles 6 and 8.
Upravljavec SPPS določi svojo naložbeno strategijo, ki je skladna z njegovo splošno strategijo upravljanja tveganj in v celoti razkrita udeležencem.
Equity held under international risk-based capital standards may be included to avoid duplicate capital requirements.
Naložbeno strategijo pregleda najmanj enkrat letno.
Assets held to cover general business risk shall be of sufficient liquidity and high quality to be available in a timely manner.
Naložbe upravljavca SPPS v skladu z njegovo naložbeno strategijo so zavarovane z visokokakovostnimi zavezanci ali so terjatve do takih zavezancev.
The SIPS operator shall be able to realise such assets with little, if any, adverse price effect, so that it can continue operations as a going concern if it incurs general business losses.
Upravljavec SPPS določi merila za visokokakovostne zavezance.
A SIPS operator shall establish a viable plan for raising additional equity should its equity fall close to or below the amount referred to in paragraph 4.
Vlaga v instrumente z minimalnim kreditnim, tržnim in likvidnostnim tveganjem.
The plan shall be submitted to the Board for approval and be updated at least annually.
Odstavki 3 do 5 se ne uporabljajo za SPPS Eurosistema.
Paragraphs 2 and 4 to 6 shall not apply to Eurosystem SIPS.
Člen 15
Article 14
Operativno tveganje
Custody and investment risks
Upravljavec SPPS vzpostavi zanesljiv okvir z ustreznimi sistemi, politikami, postopki in kontrolami za ugotavljanje, spremljanje in upravljanje operativnega tveganja.
A SIPS operator shall hold its own and participants' assets with supervised and regulated entities (hereinafter the ‘custodians’), that have accounting practices, safekeeping procedures and internal controls that fully protect these assets against the risk of loss in the event of a custodian's or sub-custodian's insolvency, negligence, fraud, poor administration or inadequate recordkeeping.
Upravljavec SPPS določi cilje glede ravni storitev in operativne zanesljivosti ter politike, zasnovane za doseganje teh ciljev.
A SIPS operator shall have timely access to its assets and the assets provided by the participants.
Te cilje in politike pregleda najmanj enkrat letno.
A SIPS operator shall evaluate and understand its exposures to its custodian banks, taking into account the full scope of its relationships with each.
Upravljavec SPPS zagotovi, da ima SPPS vedno prilagodljive zmogljivosti, s katerimi lahko obvlada povečanja obsega plačil, do katerih pride zaradi obremenitev, in da lahko doseže cilje glede ravni storitev.
A SIPS operator shall establish its investment strategy, which shall be consistent with its overall risk-management strategy and fully disclosed to the participants.
Upravljavec SPPS določi celovite politike fizične in informacijske varnosti, s katerimi se ustrezno ugotavljajo, ocenjujejo in upravljajo vse možne ranljivosti in grožnje.
It shall review the investment strategy at least annually.
Te politike pregleda najmanj enkrat letno.
A SIPS operator's investments under its investment strategy shall be secured by, or be claims on, high-quality obligors.
Upravljavec SPPS vzpostavi načrt neprekinjenega poslovanja, ki obravnava dogodke, za katere obstaja znatno tveganje, da bi povzročili motnje v delovanju SPPS.
A SIPS operator shall define the criteria for high-quality obligors.
Načrt vključuje uporabo sekundarne lokacije in je zasnovan tako, da zagotavlja, da lahko ključni sistemi informacijske tehnologije začnejo znova delovati v dveh urah od teh dogodkov.
Investments shall be in instruments with minimal credit, market and liquidity risks.
Načrt je zasnovan tako, da lahko SPPS vedno poravna vsa zapadla plačila do konca delovnega dne, v katerem se je zgodila motnja.
Paragraphs 3 to 5 shall not apply to Eurosystem SIPS.
Upravljavec SPPS načrt preizkusi in pregleda najmanj enkrat letno.
Article 15
Upravljavec SPPS določi ključne udeležence, zlasti na podlagi števila in vrednosti plačil ter vpliva, ki bi ga lahko imeli na druge udeležence in SPPS kot celoto v primeru, da bi imeli znatne operativne težave.
Operational risk
Upravljavec SPPS ugotovi, spremlja in upravlja tveganja, ki bi jih delovanju SPPS lahko povzročili ključni udeleženci, druge IFT ter ponudniki javnih in drugih storitev.
A SIPS operator shall establish a robust framework with appropriate systems, policies, procedures and controls to identify, monitor and manage operational risk.
Člen 16
A SIPS operator shall establish service level and operational reliability objectives and policies designed to achieve those objectives.
Merila za dostop in udeležbo
It shall review the objectives and policies at least annually.
Upravljavec SPPS določi in javno razkrije nediskriminacijska merila za dostop do storitev SPPS in udeležbo pri teh storitvah za neposredne in, kjer pride v poštev, posredne udeležence ter druge IFT.
A SIPS operator shall ensure that a SIPS, at all times, has scalable capacity to handle increases in payment volumes that occur due to stress events, and that it can achieve its service level objectives.
Ta merila pregleda najmanj enkrat letno.
A SIPS operator shall establish comprehensive physical and information security policies that adequately identify, assess and manage all potential vulnerabilities and threats.
Merila za dostop in udeležbo iz odstavka 1 so upravičena z vidika varnosti in učinkovitosti SPPS in trgov, ki jim ta služi, ter prilagojena in sorazmerna tveganjem, ki so značilna za SPPS.
It shall review the policies at least annually.
V skladu z načelom sorazmernosti upravljavec SPPS določi zahteve, ki omejijo dostop v najmanjši možni meri.
A SIPS operator shall establish a business continuity plan that addresses events posing a significant risk of disrupting the SIPS' operations.
Če upravljavec SPPS subjektu odkloni dostop, poda pisno obrazložitev za to, ki temelji na celoviti analizi tveganj.
The plan shall include the use of a secondary site and be designed to ensure that critical information technology systems can resume operations within two hours of those events.
Upravljavec SPPS stalno spremlja, ali udeleženci izpolnjujejo merila SPPS za dostop in udeležbo.
The plan shall be designed in such a way that the SIPS is always able to settle all payments due by the end of the business day on which the disruption occurs.
Vzpostavi in javno razkrije nediskriminacijske postopke, ki omogočajo začasno in urejeno trajno prenehanje udeleženčeve pravice do udeležbe, kadar udeleženec ne izpolnjuje meril za dostop in udeležbo.
The SIPS operator shall test the plan and review it at least annually.
Te postopke pregleda najmanj enkrat letno.
A SIPS operator shall identify critical participants based, in particular, on payment volumes and values and their potential impact on other participants and the SIPS as a whole, in the event of a significant operational problem experienced by such participants.
Člen 17
A SIPS operator shall identify, monitor, and manage the risks that critical participants, other FMIs, and service and utility providers might pose to the SIPS' operations.
Ureditve posredne udeležbe
Article 16
Upravljavec SPPS za potrebe upravljanja tveganj zagotovi, da mu pravila, postopki in pogodbena ureditev SPPS omogočajo zbiranje informacij o posredni udeležbi, da lahko ugotovi, spremlja in upravlja vsa pomembna tveganja za SPPS, ki izhajajo iz udeležbe.
Access and participation criteria
Te informacije zajemajo najmanj vse naslednje:
A SIPS operator shall establish and publicly disclose non-discriminatory access and participation criteria to the SIPS's services for direct, and, where relevant, indirect participants and for other FMIs.
delež dejavnosti, ki ga neposredni udeleženci opravljajo v imenu posrednih udeležencev;
It shall review the criteria at least annually.
število posrednih udeležencev, ki opravljajo poravnave prek posameznih neposrednih udeležencev;
The access and participation criteria of paragraph 1 shall be justified in terms of the safety and efficiency of the SIPS and the markets it serves, and be tailored to and commensurate with the SIPS's specific risks.
število in vrednost plačil v SPPS, ki izvirajo od posameznega posrednega udeleženca;
In compliance with the principle of proportionality, a SIPS operator shall set requirements that restrict access to the minimum possible extent.
število in vrednost plačil iz točke (c) kot delež v številu in vrednosti plačil neposrednega udeleženca, prek katerega posredni udeleženec dostopa do SPPS.
If a SIPS operator denies access to an entity, it shall give reasons in writing for this, based on a comprehensive risk analysis.
Upravljavec SPPS ugotovi pomembne odvisnosti med neposrednimi in posrednimi udeleženci, ki bi lahko vplivale na SPPS.