natgillin/translations-raw huggingface dataset:
For assurances linked to investment funds and covered by points (a)(i) and (ii) of Article 2(3) of Directive 2009/138/EC and for the operations referred to in points (b)(iii) to (v) of Article 2(3) of Directive 2009/138/EC, the required solvency margin shall be equal to the sum of the following:
Višina zahtevanega minimalnega kapitala je enaka višjemu od dveh rezultatov iz odstavkov 3 in 4.
insofar as the IORP bears an investment risk, a 4 % fraction of the technical provisions, calculated in compliance with paragraph 2(a);
Premijska osnova se izračuna s kosmatimi obračunanimi zavarovalnimi premijami ali prispevki, kakor so izračunani spodaj, ali s kosmatimi prihodki od zavarovalnih premij ali prispevki, glede na to, kaj je višje.
insofar as the IORP bears no investment risk but the allocation to cover management expenses is fixed for a period exceeding five years, a 1 % fraction of the technical provisions, calculated in compliance with paragraph 2(a);
Premije ali prispevki (vključno z dajatvami, dodanimi premijam ali prispevkom), ki se dolgujejo za vse neposredne posle v preteklem poslovnem letu, se seštejejo.
insofar as the IORP bears no investment risk and the allocation to cover management expenses is not fixed for a period exceeding five years, an amount equivalent to 25 % of the net administrative expenses of the previous financial year pertaining to such assurances and operations;
Tej vsoti se nato doda znesek premij, prejetih za celotno pozavarovanje v preteklem poslovnem letu.
insofar as the IORP covers a death risk, a 0,3 % fraction of the capital at risk calculated in compliance with paragraph 2(b).
Od te vsote se nato odšteje skupni znesek premij ali prispevkov, ukinjenih v preteklem poslovnem letu, ter skupni znesek davkov in dajatev, ki veljajo za premije ali prispevke, sestavljajoč skupno vsoto.
Article 18
Tako dobljeni znesek se razdeli na dva dela, prvi do vrednosti 50000000 EUR, drugi pa za preostalo vrednost; 18 % prvega dela in 16 % drugega dela se sešteje.
Required solvency margin for the purpose of Article 17(3)
Tako dobljena vsota se pomnoži z razmerjem, ki glede na pretekla tri poslovna leta skupaj obstaja med zneskom terjatev na izplačilo odškodnin, ki jih mora institucija za poklicno pokojninsko zavarovanje nositi tudi potem, ko so bili odšteti vsi izterljivi zneski iz pozavarovanja, in kosmatim zneskom terjatev na izplačilo odškodnin.
The required solvency margin shall be determined on the basis either of the annual amount of premiums or contributions, or of the average burden of claims for the past three financial years.
To razmerje ne sme biti manjše od 50 %.
The amount of the required solvency margin shall be equal to the higher of the two results as set out in paragraphs 3 and 4.
Škodna osnova se izračuna takole:
The premium basis shall be calculated using the higher of gross written premiums or contributions as calculated below, and gross earned premiums or contributions.
Zneski obračunanih škod, plačanih v zvezi z neposrednimi posli (brez odštetja terjatev, ki bremenijo pozavarovatelje in retrocesionarje) v obdobjih iz odstavka 1, se seštejejo.
The premiums or contributions (inclusive of charges ancillary to premiums or contributions) due in respect of direct business in the previous financial year shall be aggregated.
Tej vsoti se doda znesek obračunanih škod v zvezi s pozavarovanji in retrocesijami, prejetimi v istih obdobjih, in znesek neporavnanih škodnih rezervacij, ugotovljenih ob koncu preteklega poslovnega leta za neposredno poslovanje in za sprejete obveznosti pozavarovanja.
To that sum there shall be added the amount of premiums accepted for all reinsurance in the previous financial year.
Od te vsote se odšteje znesek izterjav iz naslova izplačanih odškodnin, realiziranih v obdobjih iz odstavka 1.
From that sum there shall then be deducted the total amount of premiums or contributions cancelled in the previous financial year, as well as the total amount of taxes and levies pertaining to the premiums or contributions entering into the aggregate.
Od preostale vsote se odšteje znesek neporavnanih škodnih rezervacij, ugotovljenih na začetku drugega poslovnega leta, ki je leto pred zadnjim poslovnim letom, za katero obstajajo računi, in sicer za neposredna zavarovanja in tudi sprejeta pozavarovanja.
The amount so obtained shall be divided into two portions, the first extending up to EUR 50000000, the second comprising the excess; 18 % of the first portion and 16 % of the second shall be added together.
Tretjina tako dobljenega zneska se razdeli na dva dela, prvi do vrednosti 35000000 EUR, drugi pa za preostalo vrednost; 26 % prvega dela in 23 % drugega dela se sešteje.
The sum so obtained shall be multiplied by the ratio existing in respect of the sum of the previous three financial years between the amount of claims remaining to be borne by the IORP after deduction of amounts recoverable under reinsurance and the gross amount of claims.
Kadar je zahtevani minimalni kapital, izračunan v odstavkih 2 do 4, nižji od zahtevanega minimalnega kapitala v predhodnem letu, je zahtevani minimalni kapital najmanj enak zahtevanemu minimalnemu kapitalu v predhodnem letu, pomnoženemu z razmerjem zneska neporavnanih škodnih rezervacij ob koncu preteklega poslovnega leta in zneskom neporavnanih škodnih rezervacij na začetku preteklega poslovnega leta.
That ratio shall be no less than 50 %.
V teh izračunih se uporabljajo čiste škodne rezervacije brez pozavarovanja, vendar pa razmerje ne sme biti večje od 1.
The claims basis shall be calculated, as follows:
Člen 19
The amounts of claims paid in respect of direct business (without any deduction of claims borne by reinsurers and retrocessionaires) in the periods specified in paragraph 1 shall be aggregated.
Naložbena pravila
To that sum there shall be added the amount of claims paid in respect of reinsurances or retrocessions accepted during the same periods and the amount of provisions for claims outstanding established at the end of the previous financial year both for direct business and for reinsurance acceptances.
Države članice od institucij za poklicno pokojninsko zavarovanje, ki so registrirane ali pooblaščene na njihovem ozemlju, zahtevajo, da vlagajo v skladu z načelom „preudarne osebe“ in zlasti v skladu z naslednjimi pravili:
From that sum there shall be deducted the amount of recoveries effected during the periods specified in paragraph 1.
premoženje se naloži ob kar največji dolgoročni koristi za člane in upravičence skupaj.
From the sum then remaining, there shall be deducted the amount of provisions for claims outstanding established at the commencement of the second financial year preceding the last financial year for which there are accounts, both for direct business and for reinsurance acceptances.
V primeru morebitnih nasprotij interesov, institucija za poklicno pokojninsko zavarovanje ali subjekt, ki upravlja njen portfelj, zagotovi, da se naložba izvede v izključnem interesu članov in upravičencev;
One third of the amount so obtained shall be divided into two portions, the first extending up to EUR 35000000 and the second comprising the excess; 26 % of the first portion and 23 % of the second, shall be added together.
države članice institucijam omogočijo, da ob spoštovanju načela preudarne osebe upoštevajo morebiten dolgoročni učinek naložbenih odločitev na okoljske in socialne dejavnike ter dejavnike upravljanja;
Where the required solvency margin as calculated in paragraphs 2 to 4 is lower than the required solvency margin of the preceding year, the required solvency margin shall be at least equal to the required solvency margin of the preceding year, multiplied by the ratio of the amount of the technical provisions for claims outstanding at the end of the previous financial year and the amount of the technical provisions for claims outstanding at the beginning of the previous financial year.
premoženje se naloži na način, ki zagotavlja varnost, kakovost, likvidnost in donosnost portfelja kot celote;
In those calculations, technical provisions shall be calculated net of reinsurance but the ratio may be no higher than 1.
premoženje se naloži predvsem na reguliranih trgih.
Article 19
Naložbe v premoženje, s katerim ni dovoljeno trgovati na organiziranih finančnih trgih, je treba v vsakem primeru omejiti na preudarno raven;
Investment rules
naložbe v izvedene finančne instrumente so dopustne le pod pogojem, da taki instrumenti prispevajo k zmanjšanju naložbenih tveganj ali olajšajo učinkovito upravljanje portfelja.
Member States shall require IORPs registered or authorised in their territories to invest in accordance with the ‘prudent person’ rule and in particular in accordance with the following rules:
Vrednotiti jih je treba po načelu preudarnosti ob upoštevanju osnovne vrednosti in jih vključiti v vrednotenje premoženja institucije za poklicno pokojninsko zavarovanje.
the assets shall be invested in the best long-term interests of members and beneficiaries as a whole.
Institucije za poklicno pokojninsko zavarovanje se morajo izogibati tudi pretirani izpostavljenosti tveganjem nasproti eni sami nasprotni stranki in drugim izvedenim poslom;
In the case of a potential conflict of interest, an IORP, or the entity which manages its portfolio, shall ensure that the investment is made in the sole interest of members and beneficiaries;
naložbe morajo biti primerno razpršene na način, ki preprečuje pretirano zanašanje na določeno premoženje, izdajatelja ali skupino podjetij in kopičenje tveganj v portfelju kot celoti.
within the prudent person rule, Member States shall allow IORPs to take into account the potential long-term impact of investment decisions on environmental, social, and governance factors;
Naložbe v premoženje, ki ga izda isti izdajatelj ali izdajatelji, ki pripadajo isti skupini, ne smejo institucije za poklicno pokojninsko zavarovanje izpostaviti pretirani koncentraciji tveganj;
the assets shall be invested in such a manner as to ensure the security, quality, liquidity and profitability of the portfolio as a whole;
naložbe v ustanoviteljsko podjetje ne smejo znašati več kot 5 % skupnega portfelja, če pa pripada ustanoviteljsko podjetje skupini, vlaganja v podjetja, ki pripadajo isti skupini kot ustanoviteljsko podjetje, ne smejo znašati več kot 10 % portfelja.
the assets shall be predominantly invested on regulated markets.
Kadar institucijo za poklicno pokojninsko zavarovanje financira več podjetij, se vlaganja v ta ustanoviteljska podjetja izvede preudarno in pri tem upošteva primerno diverzifikacijo.
Investment in assets which are not admitted to trading on a regulated financial market must in any event be kept to prudent levels;
Države članice lahko sklenejo, da za vlaganja v državne obveznice ne bodo uporabljale zahtev iz točk (f) in (g).
investment in derivative instruments shall be possible insofar as such instruments contribute to a reduction in investment risks or facilitate efficient portfolio management.
Države članice zagotovijo, da pristojni organi ob upoštevanju velikosti, narave, obsega in kompleksnosti dejavnosti nadziranih institucij za poklicno pokojninsko zavarovanje spremljajo ustreznost njihovih postopkov za ocenjevanje kreditnega tveganja, ocenijo uporabo sklicev na bonitetne ocene, ki jih izdajo bonitetne agencije, opredeljene v točki (b) člena 3(1) Uredbe (ES) št. 1060/2009 Evropskega parlamenta in Sveta [15], v njihovih naložbenih politikah in, kadar je primerno, spodbujajo k ublažitvi vpliva takih sklicev, zato da se zmanjša izključno in sistematično zanašanje na take bonitetne ocene.
They must be valued on a prudent basis, taking into account the underlying asset, and included in the valuation of an IORP's assets.
Matična država članica institucijam za poklicno pokojninsko zavarovanje prepove najemanje posojil ali delovanje v vlogi poroka v imenu tretjih oseb.
IORPs shall also avoid excessive risk exposure to a single counterparty and to other derivative operations;
Vendar pa lahko države članice institucijam za poklicno pokojninsko zavarovanje dovolijo, da se v določenem obsegu zadolžijo, vendar le za namene likvidnosti in za omejeno dobo.
the assets shall be properly diversified in such a way as to avoid excessive reliance on any particular asset, issuer or group of undertakings and accumulations of risk in the portfolio as a whole.
Države članice od institucij, ki so registrirane ali pooblaščene na njihovem ozemlju, ne zahtevajo naložb v določene kategorije premoženja.
Investments in assets issued by the same issuer or by issuers belonging to the same group shall not expose an IORP to excessive risk concentration;
Brez poseganja v člen 30, države članice ne pogojujejo naložbenih odločitev institucije za poklicno pokojninsko zavarovanje, ki je registrirana ali pooblaščena na njihovem ozemlju, ali njenega naložbenega upravitelja s kakršno koli predhodno odobritvijo ali zahtevo po sistematičnem obveščanju.
investment in the sponsoring undertaking shall be no more than 5 % of the portfolio as a whole and, when the sponsoring undertaking belongs to a group, investment in the undertakings belonging to the same group as the sponsoring undertaking shall not be more than 10 % of the portfolio.
V skladu z določbami odstavkov 1 do 5 lahko države članice za institucije za poklicno pokojninsko zavarovanje, ki so registrirane ali pooblaščene na njihovem ozemlju, določijo bolj podrobna pravila, vključno s kvantitativnimi pravili, pod pogojem, da so preudarno utemeljena, in sicer, da se zajame celoten obseg pokojninskih načrtov, ki jih upravljajo te institucije za poklicno pokojninsko zavarovanje.
Where an IORP is sponsored by a number of undertakings, investment in those sponsoring undertakings shall be made prudently, taking into account the need for proper diversification.
Vendar pa države članice institucijam za poklicno pokojninsko zavarovanje ne preprečijo, da:
Member States may decide not to apply the requirements referred to in points (f) and (g) to investment in government bonds.
do 70 % premoženja za kritje zavarovalno-tehničnih rezervacij ali celotnega portfelja načrtov, pri katerih nosijo člani naložbena tveganja, vložijo v delnice, prenosljive vrednostne papirje, ki se obravnavajo kot delnice, in podjetniške obveznice, s katerimi se lahko trguje na reguliranih trgih, v okviru MTF ali OTF, in odločati o sorazmernem ponderju teh vrednostnih papirjev v njihovem naložbenem portfelju.
Taking into account the size, nature, scale and complexity of the activities of the IORPs supervised, Member States shall ensure that the competent authorities monitor the adequacy of the IORPs' credit assessment processes, assess the use of references to credit ratings issued by credit rating agencies as defined in point (b) of Article 3(1) of Regulation (EC) No 1060/2009 of the European Parliament and of the Council [15], in their investment policies and, where appropriate, encourage mitigation of the impact of such references, with a view to reducing sole and mechanistic reliance on such credit ratings.
Vendar lahko države članice, pod pogojem, da je to preudarno utemeljeno, uporabijo nižjo mejo, a ne nižje od 35 %, za institucije za poklicno pokojninsko zavarovanje, ki upravljajo pokojninske načrte z dolgoročnim jamstvom obrestne mere, nosijo naložbeno tveganje in same zagotavljajo jamstvo;
The home Member State shall prohibit IORPs from borrowing or acting as a guarantor on behalf of third parties.
do 30 % premoženja za kritje zavarovalno-tehničnih rezervacij vložijo v sredstva, nominirana v drugih valutah, in ne tistih, v katerih so izražene obveznosti;
However, Member States may authorise IORPs to carry out some borrowing only for liquidity purposes and on a temporary basis.
vlagajo v instrumente z dolgoročnim naložbenim obdobjem, s katerimi se ne trguje na reguliranih trgih, v okviru MTF ali OTF;
Member States shall not require IORPs registered or authorised in their territory to invest in particular categories of assets.
vlagajo v instrumente, ki jih izda ali za katere jamči EIB banka v okviru Evropskega sklada za strateške naložbe, evropskih dolgoročnih investicijskih skladov, evropskih skladov za socialno podjetništvo in evropskih skladov tveganega kapitala.
Without prejudice to Article 30, Member States shall not subject the investment decisions of an IORP registered or authorised in their territory or its investment manager to any kind of prior approval or systematic notification requirements.
Odstavek 6 ne izključuje pravice držav članic, da lahko tudi v posameznem primeru zahtevajo uporabo strožjih naložbenih pravil za institucije za poklicno pokojninsko zavarovanje, ki so registrirane ali pooblaščene na njihovem ozemlju, pod pogojem, da so preudarno utemeljena, zlasti glede na obveznosti, ki jih je tovrstna institucija prevzela.
In accordance with the provisions of paragraphs 1 to 5, Member States may, for the IORPs registered or authorised in their territories, lay down more detailed rules, including quantitative rules, provided they are prudentially justified, to reflect the total range of pension schemes operated by those IORPs.
Pristojni organ države članice gostiteljice institucije za poklicno pokojninsko zavarovanje, ki opravlja čezmejno dejavnost v smislu člena 11, ne določijo dodatnih naložbenih pravil poleg pravil iz odstavkov 1 do 6 za tisti del premoženja, ki pokriva zavarovalno-tehnične rezervacije za čezmejno dejavnost.
However, Member States shall not prevent IORPs from:
NASLOV III
investing up to 70 % of the assets covering the technical provisions or of the whole portfolio for schemes in which the members bear the investment risks in shares, negotiable securities treated as shares and corporate bonds admitted to trading on regulated markets, or through MTFs or OTFs, and deciding on the relative weight of those securities in their investment portfolio.
POGOJI, KI UREJAJO OPRAVLJANJE DEJAVNOSTI
However, provided that it is prudentially justified, Member States may apply a lower limit of no lower than 35 % to IORPs which operate pension schemes with a long-term interest rate guarantee, bear the investment risk and themselves provide for the guarantee;
POGLAVJE 1
investing up to 30 % of the assets covering technical provisions in assets denominated in currencies other than those in which the liabilities are expressed;
Sistem upravljanja
investing in instruments that have a long-term investment horizon and are not traded on regulated markets, MTFs or OTFs;
Oddelek 1
investing in instruments that are issued or guaranteed by the EIB provided in the framework of the European Fund for Strategic Investments, European Long-term Investment Funds, European Social Entrepreneurship Funds and European Venture Capital Funds.
Splošne določbe
Paragraph 6 shall not preclude the right for Member States to require the application to IORPs registered or authorised in their territory of more stringent investment rules also on an individual basis provided they are prudentially justified, in particular in light of the liabilities entered into by the IORP.
Člen 20
The competent authority of the host Member State of an IORP carrying out cross-border activity as referred to in Article 11 shall not lay down investment rules in addition to those set out in paragraphs 1 to 6 for the part of the assets which cover technical provisions for cross-border activity.
Odgovornost upravljalnih ali nadzornih organov
TITLE III
Države članice zagotovijo, da ima upravljalni ali nadzorni organ institucije za poklicno pokojninsko zavarovanje po nacionalnem pravu končno odgovornost za skladnost zadevne institucije z zakoni in drugimi predpisi, sprejetimi na podlagi te direktive.
CONDITIONS GOVERNING ACTIVITIES
Ta direktiva ne posega v vlogo socialnih partnerjev pri upravljanju institucij za poklicno pokojninsko zavarovanje.
CHAPTER 1
Člen 21
System of governance
Splošne zahteve glede upravljanja
Section 1
Države članice zahtevajo od vseh institucij za poklicno pokojninsko zavarovanje, da uvedejo učinkovit sistem upravljanja, ki zagotavlja dobro in preudarno upravljanje njihovih dejavnosti.
General provisions
Ta sistem vključuje ustrezno in pregledno organizacijsko strukturo z jasno dodelitvijo in ustrezno ločitvijo odgovornosti ter učinkovit sistem za zagotovitev prenosa informacij.
Article 20
Sistem upravljanja zagotavlja, da se pri naložbenih odločitvah upoštevajo okoljski in socialni dejavniki ter dejavniki upravljanja, povezani z naložbenimi sredstvi, v njem pa se izvaja redni notranji pregled.
Responsibility of the management or supervisory body
Sistem upravljanja iz odstavka 1 je sorazmeren z velikostjo, naravo, obsegom in kompleksnostjo dejavnosti institucije za poklicno pokojninsko zavarovanje.
Member States shall ensure that the management or supervisory body of an IORP has ultimate responsibility under national law for the compliance, by the IORP concerned, with the laws, regulations and administrative provisions adopted pursuant to this Directive.
Države članice zagotovijo, da institucije za poklicno pokojninsko zavarovanje vzpostavijo in uporabljajo pisna pravila v zvezi z obvladovanjem tveganj, notranjo revizijo ter, kadar je to ustrezno, aktuarskimi dejavnostmi in dejavnostmi, oddanimi v zunanje izvajanje.
This Directive is without prejudice to the role of social partners in the management of IORPs.
Ta pisna pravila odobri upravljavski ali nadzorni organ institucije, ki jih vsaj vsaka tri leta pregleda in prilagodi morebitnim znatnim spremembam zadevnega sistema ali področja.
Article 21
Države članice zagotovijo, da institucije za poklicno pokojninsko zavarovanje uvedejo učinkovit sistem notranjega nadzora.
General governance requirements
Ta sistem vsebuje upravne in računovodske postopke, okvir notranjega nadzora ter ustrezno ureditev poročanja na vseh ravneh institucije za poklicno pokojninsko zavarovanje.
Member States shall require all IORPs to have in place an effective system of governance which provides for sound and prudent management of their activities.
Države članice zagotovijo, da institucije za poklicno pokojninsko zavarovanje sprejmejo razumne ukrepe za zagotovitev stalnega in rednega izvajanja dejavnosti, vključno z izdelavo načrtov za neprekinjeno poslovanje.
That system shall include an adequate and transparent organisational structure with a clear allocation and appropriate segregation of responsibilities and an effective system for ensuring the transmission of information.
Institucije za poklicno pokojninsko zavarovanje v ta namen uporabijo ustrezne in sorazmerne sisteme, vire in postopke.
The system of governance shall include consideration of environmental, social and governance factors related to investment assets in investment decisions, and shall be subject to regular internal review.
Države članice od institucij za poklicno pokojninsko zavarovanje zahtevajo, da zaposlijo vsaj dve osebi, ki dejansko vodita institucijo.
The system of governance referred to in paragraph 1 shall be proportionate to the size, nature, scale and complexity of the activities of the IORP.
Države članice lahko na podlagi utemeljene ocene, ki jo opravijo pristojni organi, dovolijo, da institucijo dejansko vodi le ena oseba.
Member States shall ensure that IORPs establish and apply written policies in relation to risk management, internal audit and, where relevant, actuarial and outsourced activities.
Pri tej oceni se upošteva vloga socialnih partnerjev pri splošnem upravljanju institucije za poklicno pokojninsko zavarovanje, pa tudi velikost, narava, obseg in kompleksnost dejavnosti institucije za poklicno pokojninsko zavarovanje.
Those written policies shall be subject to prior approval by the management or supervisory body of the IORP and shall be reviewed at least every three years and adapted in view of any significant change in the system or area concerned.
Člen 22
Member States shall ensure that IORPs have in place an effective internal control system.
Zahteve glede sposobnosti in primernosti upravljanja