natgillin/translations-raw huggingface dataset:
during the initial desensitisation period (February-July 2013), the new flows will as a priority concern the most sensitive loans, namely those granted to the [30-50] main customers of DCL which represent [40-60] % of the mark-to-market of the derivatives associated with loans outside the Gissler Charter.
novi tokovi med začetnim obdobjem desenzibilizacije (od februarja do julija 2013) prednostno zajemajo najobčutljivejša posojila, in sicer tista, ki so bila odobrena [30–50] najpomembnejšim strankam banke DCL, katerih vrednost glede na tržne razmere na trgu izvedenih finančnih instrumentov, povezanih s posojili, ki niso zajeta v Gisslerjevo listino, znaša [40–60] %.
Only the following operations will be authorised for the purposes of desensitisation: […].
Za namen desenzibilizacije bodo dovoljene le naslednje transakcije: […].
This possibility of active restructuring (intrinsically in run-off terms — once the sensitive loans on DCL’s balance sheet have been restructured, there will be full run-off management of DCL’s portfolio) is solely intended to limit, as far as possible and on average, the losses expected on the existing portfolio in a run-off scenario.
Možnost dejavnega prestrukturiranja (v bistvu pod pogoji likvidacije – ko bodo občutljiva posojila iz bilance stanja banke DCL prestrukturirana, se bo portfelj te družbe v celoti upravljal kot likvidacijska masa) je namenjena izključno temu, da se, kolikor je to mogoče in v povprečju, omejijo pričakovane izgube v sedanjem portfelju po scenariju likvidacije.
DCL will not in any case undertake new production in the strict sense (no new production for new customers).
Banka DCL ne bo v nobenem primeru ustvarjala novih produktov v strogem pomenu besede (brez novih produktov za nove stranke).
Monitoring of the revised orderly resolution plan
Spremljanje spremenjenega načrta nadzorovanega reševanja
An independent trustee will be responsible for monitoring the implementation of the revised orderly resolution plan and for reporting to the Commission on a half-yearly basis under the same conditions, mutatis mutandis, as those set out in recitals 18 and 19 of Annex I to the conditional authorisation decision.
Neodvisni skrbnik bo spremljal izvajanje spremenjenega načrta nadzorovanega reševanja in o njem vsakih šest mesecev smiselno poročal Komisiji pod takimi pogoji, kot so določeni v uvodnih izjavah 18 in 19 Priloge I k sklepu o pogojnem dovoljenju.
The independent trustee will in particular submit a half-yearly report to the Commission on the implementation of the commitments of the orderly resolution plan.
Neodvisni skrbnik bo Komisiji zlasti predložil polletno poročilo o uresničevanju zavez iz načrta nadzorovanega reševanja.
This report will include a detailed report on progress with the revised orderly resolution plan and in particular on 1) compliance with the amount and desensitisation conditions of DCL’s sensitive loan portfolio; 2) compliance with the cap on new financing granted to Crediop’s existing customers; 3) compliance with the timetable of planned disposals, including the date of the disposal, the accounting value of the assets as at 31 December 2011, the value of the disposal, the capital gains or losses achieved and details of remaining measures to be implemented under the revised orderly resolution plan; and 4) the management and ring-fencing of DAM and Dexia Israel.
V to poročilo bodo vključeni podrobno poročilo o napredku glede spremenjenega načrta nadzorovanega reševanja in še zlasti o 1) skladnosti z zneskom in pogoji desenzibilizacije portfelja občutljivih posojil banke DCL, 2) skladnosti z omejitvijo novih finančnih sredstev, odobrenih obstoječim strankam družbe Crediop, 3) skladnosti s časovnim razporedom načrtovanih prodaj, 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 družb DAM in Dexia Israel.
Commitments
Zaveze
The revised orderly resolution plan includes commitments, the authentic text of which is attached at Annex 1.
V spremenjeni načrt nadzorovanega reševanja, katerega verodostojno besedilo je v Prilogi I, so vključene zaveze.
Dexia will not acquire equity capital in other credit institutions, investment firms [36] or insurance companies, without the Commission’s prior authorisation.
Skupina Dexia brez predhodnega dovoljenja Komisije ne bo pridobivala lastniškega kapitala v drugih kreditnih institucijah, investicijskih podjetjih [36] ali zavarovalnicah.
Such authorisation will be requested only for Dexia’s possible acquisition of a holding in return for an injection of holdings or for activities undertaken as part of an operation to sell or pool assets or activities (by merger or injection) provided that, in such a case, the holding does not give Dexia exclusive or joint control of the entity benefiting from the injection or resulting from the merger.
Tako dovoljenje se bo zahtevalo le za možne pridobitve deležev skupine Dexia v zameno za injekcijo deležev ali dejavnosti, začetih v okviru transakcije prodaje ali združevanja sredstev ali dejavnosti (z združitvijo ali injekcijo), če skupina Dexia v takem primeru z deležem ne bo dobila izključnega ali skupnega nadzora nad subjektom, ki je bodisi upravičen do injekcije bodisi izhaja iz združitve.
Exceptionally, Dexia may acquire the minority holding of 40 % in Dexia Sabadell (with a view to its run-off management) following the exercise of the Banco Sabadell put option, as that acquisition had not yet taken place on the date of the commitments.
Skupina Dexia lahko, potem ko se izvrši prodajna opcija banke Banco Sabadell, izjemoma pridobi manjšinski 40-odstotni delež v družbi Dexia Sabadell (zaradi upravljanja njene likvidacijske mase), ker ta pridobitev na datum zavez še ni bila izvedena.
Subject to the commitments that it has already underwritten in respect of Dexia Région Bail, Dexia Flobail, Dexia Bail and Dexia LLD on the date of this Decision, Dexia undertakes to grant no new intragroup financing (i.e. of an amount greater than the intragroup financing existing on the date of this Decision) to the entities to be disposed of in accordance with recital 122 below (‘ring-fencing’).
Skupina Dexia se zavezuje, da ne bo dodelila nobenih novih finančnih sredstev znotraj skupine (tj. v znesku, ki presega finančna sredstva znotraj skupine, ki obstajajo na datum sprejetja tega sklepa) subjektom, ki naj bi se v skladu z uvodno izjavo 122 prodali (t. i. omejitev), pri čemer se bodo upoštevale zaveze, ki so bile na datum sprejetja tega sklepa že prevzete glede družb Dexia Région Bail, Dexia Flobail, Dexia Bail in Dexia LLD.
This is without prejudice to the regulatory obligations incumbent upon Dexia as a shareholder of the entities concerned and its obligation to keep Dexia Israel and DAM viable in accordance with recital 129 below.
To ne posega v regulativne obveznosti, ki jih ima skupina Dexia kot delničarka zadevnih subjektov, ter njeno obveznost, da ohranja družbi Dexia Israel in DAM donosni v skladu z uvodno izjavo 129 v nadaljevanju.
If the implementation of these obligations requires the grant of new financing to the entities concerned, Dexia will inform the Commission in advance thereof.
Skupina Dexia bo Komisijo vnaprej obvestila, če bo treba zaradi izvajanja teh obveznosti zadevnim subjektom dodeliti nova finančna sredstva.
Dexia will not use its status as a bank benefiting from a guarantee or other aid from the Member States concerned for some of its commitments for the purposes of commercial publicity to third parties other than the ‘Third Party Beneficiaries’ as defined in the guarantee agreement, and will not use the guarantee for pure arbitrage transactions.
Skupina Dexia za nekatere od svojih zavez ne bo uporabila svojega statusa banke, zaradi katerega bi bila upravičena do jamstva ali druge pomoči zadevnih držav članic, za namene komercialnega oglaševanja tretjim stranem, ki niso upravičene tretje strani, kot je določeno v pogodbi o jamstvu, niti ne bo uporabila jamstva za posle, ki so zgolj in samo arbitraža.
As specified in the revised orderly resolution plan:
Kot je določeno v spremenjenem načrtu nadzorovanega reševanja:
The Member States concerned stress that the features of the preferential shares will make it impossible in practice to pay any dividends on ordinary shares, as the forecasts of profits that may be distributed by Dexia during the period of the plan are lower than the amount of the 8 % preferential dividends to be paid to the Belgian and French States.
Zadevne države članice poudarjajo, da zaradi značilnosti prednostnih delnic v praksi ne bo mogoče izplačati kakršnih koli dividend na navadne delnice, saj so napovedi dobička, ki ga lahko skupina Dexia razdeljuje med obdobjem načrta, nižje od zneska 8 % prednostnih dividend, ki jih je treba izplačati Belgiji in Franciji.
The Member States concerned stress that the preferential shares are held by the Belgian and French States alone, and that the limits on the distribution of dividends should relate only to ordinary shares and not to preferential shares as that would deprive the Belgian and French States of their right to a dividend on their investment;
Zadevne države članice poudarjajo, da imata prednostne delnice le Belgija in Francija, ter da bi se morale omejitve za razdelitev dividend nanašati le na navadne delnice, ne pa na prednostne delnice, saj bi se s tem Belgiji in Franciji odvzela njuna pravica do dividende na naložbo.
As regards the participation of preferential shares in losses, as indicated in the revised orderly resolution plan, the preferential shares will lose their preferential rights wholly or partly if Dexia’s regulatory ratios fall below certain thresholds.
V spremenjenem načrtu nadzorovanega reševanja je glede sodelovanja prednostnih delnic pri izgubah navedeno, da bodo prednostne delnice v celoti ali deloma izgubile svoje prednostne pravice, če bodo regulativna razmerja skupine Dexia padla pod določen prag.
The preferential shares will in practice be considered base capital (Core Tier 1) until 2018 as they will benefit from temporary regulatory treatment (‘grandfathering’).
Prednostne delnice se bodo v praksi štele kot temeljni kapital do leta 2018, saj bodo imele koristi od začasne regulativne obravnave (t. i. prehodno obdobje).
They will then be converted into ordinary shares [37] depending on the regulatory capital needs of the Group subject to orderly resolution.
Nato se bodo glede na potrebe po regulatornem kapitalu skupine Dexia v skladu z načrtom nadzorovanega spremenile v navadne delnice [37].
Without prejudice to the operations that Dexia is legally bound to carry out, or operations that it is bound to carry out pursuant to contracts concluded prior to the date of this Decision, in respect of Tier 1 or Tier 2 hybrid instruments, Dexia will refrain from:
Skupina Dexia se bo ne glede na transakcije v zvezi s hibridnimi instrumenti temeljnega kapitala in kapitala drugega reda, ki jih mora skupina Dexia izvesti po zakonu, ali transakcije, ki jih mora izvesti na podlagi pogodb, sklenjenih pred datumom sprejetja tega sklepa, vzdržala:
paying coupons on Tier 1 hybrid instruments or Tier 2 instruments held by persons or entities other than Dexia SA and its subsidiaries, the payment of which is discretionary under the contractual terms relating to these instruments;
izplačevanja kuponov na hibridne instrumente temeljnega kapitala ali instrumente kapitala drugega reda, ki so v lasti oseb ali subjektov, ki niso družba Dexia SA in njene odvisne družbe, katerih izplačilo je glede na pogodbene določbe, ki se nanašajo na te instrumente, diskrecijsko;
approving or voting in favour of the payment of any form of dividend by any subsidiary controlled directly or indirectly by Dexia SA (including entities in which it has a 100 % holding), especially when such a payment would entail mandatory payment of a coupon on Tier 1 hybrid instruments or Tier 2 instruments held by persons other than Dexia SA and its subsidiaries;
odobritve ali glasovanja v prid izplačilu kakršne koli oblike dividende s strani katere koli odvisne družbe, ki je posredno ali neposredno pod nadzorom družbe Dexia SA (vključno s subjekti, ki so 100-odstotno v njeni lasti), zlasti če bi tako izplačilo vključevalo obvezno izplačilo kuponov na hibridne instrumente temeljnega kapitala ali instrumente kapitala drugega reda, ki so v lasti oseb, ki niso družba Dexia SA in njene odvisne družbe;
exercise a discretionary early repayment option on the Tier 1 hybrid instruments or Tier 2 instruments mentioned in point (a) above;
izvajanja diskrecijske možnosti predčasnega izplačila iz hibridnih instrumentov temeljnega kapitala ali instrumentov kapitala drugega reda iz točke (a) zgoraj;
Dexia will continue to implement the remuneration principles decided at G20 level and by the national authorities concerned as regards the remuneration of members of the Boards of Directors and executives of Dexia SA and the main operating entities of the Dexia Group.
Skupina Dexia bo še naprej upoštevala načela o prejemkih, ki so jih določili na ravni skupine G20 in zadevni nacionalni organi, kar zadeva prejemke članov upravnega in izvršnega odbora družbe Dexia SA ter glavnih delujočih gospodarskih subjektov skupine Dexia.
Dexia will in particular not pay the variable proportion of the remuneration of members of the Board of Directors of Dexia SA and will cap, at 30 % of the fixed proportion of their remuneration, the amount of the variable proportion of the remuneration of other staff of Dexia SA and its banking subsidiaries covered by point 2.5.1.1 of Dexia’s remuneration policy as notified on 15 March 2011 to the CBFA [38].
Skupina Dexia še zlasti ne bo izplačevala spremenljivega dela plačila članom upravnega odbora družbe Dexia SA, drugim zaposlenim v družbi Dexia SA in njenih bančnih odvisnih družbah, zajetih v točko 2.5.1.1 politike prejemkov skupine Dexia, kakor je bila 15. marca 2011 priglašena komisiji CBFA [38], pa bo tudi omejila spremenljivi del plačila, in sicer na 30 % nespremenljivega dela plačila.
In accordance with the revised orderly resolution plan, Dexia will not undertake any new production from the date of this Decision, except where the entity in question is subject to a disposal commitment in accordance with recital 122 below.
Skupina Dexia v skladu s spremenjenim načrtom nadzorovanega reševanja od datuma sprejetja tega sklepa ne bo ustvarjala nobenih novih produktov, razen kadar je zadevni subjekt vključen v zavezo o prodaji v skladu z uvodno izjavo 122.
For the purposes of this commitment, ‘new production’ does not include:
Za to zavezo v besedno zvezo „nov produkt“ niso zajeti:
operations needed for liquidity management (for instance central bank transactions or management of the cover pools of DLG (Dexia Lettre de Gage) and DKD (Dexia Kommunalbank Deutschland) in order to comply with regulatory, prudential or credit rating agency constraints and significantly to improve the cost of financing;
transakcije, potrebne za upravljanje likvidnosti (na primer transakcije centralne banke ali upravljanje kritih skladov družb DLG (Dexia Lettre de Gage) in DKD (Dexia Kommunalbank Deutschland)), da se izpolnijo regulativne ali bonitetne omejitve ali omejitve bonitetnih agencij ter znatno izboljšajo stroški financiranja;
the extension of the maturity of existing loans provided that such extension significantly improves the net actualised value of the sums loaned to the same customer, the litigation risk being taken into account when calculating value;
podaljšanje zapadlosti obstoječih posojil, če bi se s takim podaljšanjem znatno izboljšala neto aktualizirana vrednost zneskov, posojenih isti stranki, pri čemer se ob izračunavanju vrednosti upošteva tveganje sodnega postopka;
the derivative transactions needed to manage the risks linked to the interest/exchange/credit rates of the existing portfolio provided that the effect of such transactions is to reduce the Dexia Group’s global risk exposure, in compliance with the guidelines applicable within Dexia and/or the prudential authorities;
transakcije z izvedenimi finančnimi instrumenti, potrebne za upravljanje tveganj, povezanih z obrestnimi merami / menjalnimi tečaji / stopnjami kreditov sedanjega portfelja, če naj bi se s takimi transakcijami zmanjšala globalna izpostavljenost tveganju za skupino Dexia, v skladu s smernicami, ki se uporabljajo znotraj skupine Dexia in/ali pri bonitetnih organih;
all activities required for regulatory or other legal reasons, in particular the extensions of maturity or rescheduling of the timetable imposed on Dexia as a member of a bank syndicate in certain investment projects (the bank syndicate may be asked to accept project structure amendments entailing amendments of maturity and/or timetable) or following decisions by administrative or judicial authorities; and
vse dejavnosti, potrebne zaradi regulativnih ali drugih pravnih razlogov, zlasti podaljšanja zapadlosti ali spremembe časovnega razporeda, določenega za skupino Dexia kot članico bančnega sindikata v določenih naložbenih projektih (bančni sindikat je mogoče prositi, naj sprejme spremembe v zgradbi projekta, s katerimi se spremeni zapadlost in/ali časovni razpored) ali po odločitvah upravnih ali sodnih organov;
the disbursement of loan commitments confirmed on the date of the decision, i.e. the disbursement operations that Dexia is contractually liable to carry out in order to respect its commitments to borrowers under contracts concluded prior to 30 September 2012.
izplačilo posojilnih obveznosti, potrjenih na datum sprejetja tega sklepa, tj. izplačilne transakcije, ki jih mora skupina Dexia izvesti na podlagi pogodb, da bi spoštovala svoje zaveze do posojilojemalcev po pogodbah, sklenjenih pred 30. septembrom 2012.
By way of exception:
Izjemoma:
To prevent the […] issued by Dexia Crediop and thus satisfy its regulatory requirements with a view to its run-off management, Dexia Crediop may draw down new financing of an amount of EUR 200 million for its existing customers for a period of one year from this Decision.
Družba Dexia Crediop lahko za svoje obstoječe stranke za eno leto od sprejetja tega sklepa pritegne nova finančna sredstva v znesku 200 milijonov EUR, da bi preprečila […], ki ga izdaja družba Dexia Crediop in tako zadostila regulativnim zahtevam glede upravljanja likvidacijske mase.
On expiry of this one-year period, the Member States concerned may ask the Commission for an additional annual envelope of new financing.
Zadevne države članice lahko po preteku tega enega leta Komisijo prosijo za dodaten letni okvir novih finančnih sredstev.
Failing authorisation, Dexia Crediop will be placed in run-off management at the end of the year in question.
Če družba Dexia Crediop ne bo dobila dovoljenja, bo zanjo ob koncu zadevnega leta uveden likvidacijski postopek.
DCL may issue new financing for flows connected with operations to desensitise existing loans [39] lodged with DCL (after the sale of DMA) and deemed sensitive (namely the loans granted to local authorities and classified outside the Gissler Charter, scored as E3, E4 or E5 in the Gissler Charter or having a Cepcor score of 11 or more), provided that the economic value of the debt stock is improved, a substantial reduction of the litigation risk brought about by desensitisation being taken into account when defining this value [40].
Banka DCL lahko nova finančna sredstva izdaja za tokove, povezane s transakcijami za desenzibilizacijo obstoječih posojil [39], deponiranih pri banki DCL (po prodaji družbe DMA), ki se štejejo za občutljiva (tj. posojila, odobrena lokalnim skupnostim, ki niso zajeta v Gisslerjevo listino ali po Gisslerjevi listini spadajo v kategorijo E3, E4 ali E5, po odboru Cepcor pa dosegajo 11 točk ali več), če se je izboljšala ekonomska vrednost višine dolga, pri čemer je treba pri določanju te vrednosti upoštevati znatno zmanjšanje tveganja sodnega postopka, ki ga povzroči desenzibilizacija [40].
Only the following operations will be authorised in this connection: […].
V povezavi s tem bodo dovoljene le naslednje transakcije: […].
Dexia undertakes to limit the total amount of new flows connected with the operations referred to in point 6 above to a maximum amount of EUR 600 million of new financing; however, such operations may be concluded only between February and July 2013 or between June and November 2014.
Skupina Dexia se zavezuje, da bo znesek novih tokov, povezan s transakcijami iz točke 6 zgoraj, omejila na največ 600 milijonov EUR novih finančnih sredstev, vendar se take transakcije lahko sklenejo le med februarjem in julijem 2013 ali junijem in novembrom 2014.
The flows mentioned in point 2 above will, moreover, be limited in accordance with the conditions set out in recital 106 of this Decision.
Poleg tega bodo tokovi iz točke 2 omejeni v skladu s pogoji iz uvodne izjave 106 tega sklepa.
Dexia will supply the Commission with a periodic review of its plan to amortise and desensitise DCL’s sensitive loans on 15 January 2013 and 15 May 2014.
Skupina Dexia bo Komisiji 15. januarja 2013 in 15. maja 2014 poslala redni pregled načrta za amortizacijo in desenzibilizacijo občutljivih posojil družbe DCL.
Disposals and run-off management
Prodaje in upravljanje likvidacijske mase
Dexia has already undertaken the following disposals:
Med prodajami, ki jih je skupina Dexia že opravila, so:
Disposal of DBB.
Prodaja družbe DBB.
This disposal took place on October 2011;
Opravljena je bila 20. oktobra 2011;
Disposal of the 50 % holding in RBCD.
Prodaja 50-odstotnega deleža v družbi RBCD.
This disposal took place on 27 July 2012;
Opravljena je bila 27. julija 2012;
Disposal of DenizBank.
Prodaja družbe DenizBank.
This disposal took place on 28 September 2012;
Opravljena je bila 28. septembra 2012;
Disposal of BIL.
Prodaja družbe BIL.
This disposal took place on 5 October 2012;
Opravljena je bila 5. oktobra 2012;
Disposal of Dexia Habitat.
Prodaja družbe Dexia Habitat.
This disposal took place on 29 June 2012;
Opravljena je bila 29. junija 2012;
Disposal of DKB Polska.
Prodaja družbe DKB Polska.
The disposal agreement was signed on 7 November 2012.
Pogodba o prodaji je bila podpisana 7. novembra 2012.
Dexia will undertake to dispose of the entities listed below in accordance with the following timetable:
Skupina Dexia se zavezuje, da bo spodaj navedene subjekte prodala po naslednjem časovnem razporedu:
Disposal of DMA by 31 January 2013;
prodaja družbe DMA do 31. januarja 2013;
Disposal of DAM, Dexia’s holding in Popular Banca Privada and Sofaxis by 31 December 2013;
prodaja družbe DAM, deleža skupine Dexia v banki Popular Banca Privada in družbi Sofaxis do 31. decembra 2013;
Disposal or run-off management of Dexia Région Bail, Dexia Flobail, Dexia Bail and Dexia LLD by 31 December 2013;
prodaja ali upravljanje likvidacijske mase družb Dexia Région Bail, Dexia Bail, Dexia LLD in Dexia Flobail do 31. decembra 2013;
Disposal of Dexia’s (direct or indirect) holding in Dexia Israel within 12 months of a final, non-actionable decision in the various legal actions brought against Dexia Israel or DCL as shareholder.
prodaja (neposrednega ali posrednega) deleža skupine Dexia v družbi Dexia Israel v dvanajstih mesecih po končni, neizpodbojni sodbi v različnih sodnih postopkih, začetih proti družbi Dexia Israel ali banki DCL kot delničarki.