natgillin/translations-raw huggingface dataset:
An ELTIF may only be marketed in the Union when it has been authorised in accordance with this Regulation.
Za predložitev vloge in izdajo dovoljenja za delovanje kot ELTIF so primerni le EU AIS.
Authorisation as an ELTIF shall be valid for all Member States.
Pristojni organi ELTIF vsako četrtletje obvestijo ESMA o izdanih ali odvzetih dovoljenjih na podlagi te uredbe.
Only EU AIFs shall be eligible to apply for and to be granted authorisation as an ELTIF.
ESMA vodi osrednji javni register, v katerem so navedeni vsi ELTIF, ki so pridobili dovoljenje na podlagi te uredbe, upravitelj ELTIF in pristojni organ ELTIF.
The competent authorities of the ELTIFs shall, on a quarterly basis, inform ESMA of authorisations granted or withdrawn pursuant to this Regulation.
Register se da na voljo v elektronski obliki.
ESMA shall keep a central public register identifying each ELTIF authorised under this Regulation, the manager of the ELTIF and the competent authority of the ELTIF.
Člen 4
The register shall be made available in electronic format.
Oznaka in prepoved preoblikovanja
Article 4
Oznaka „ELTIF“ ali „evropski dolgoročni investicijski sklad“ se v povezavi s kolektivnim naložbenim podjemom ali z enotami ali delnicami, ki jih izdaja, lahko uporablja le, kadar je kolektivni naložbeni podjem pridobil dovoljenje v skladu s to uredbo.
Designation and prohibition on transformation
ELTIF se ne smejo preoblikovali v kolektivne naložbene podjeme, ki jih ta uredba ne zajema.
The designation ‘ELTIF’ or ‘European long-term investment fund’ in relation to a collective investment undertaking, or the units or shares it issues, may only be used where the collective investment undertaking has been authorised in accordance with this Regulation.
Člen 5
ELTIFs shall be prohibited from transforming themselves into collective investment undertakings that are not covered by this Regulation.
Vloga za pridobitev dovoljenja za delovanje kot ELTIF
Article 5
Vloga za pridobitev dovoljenja za delovanje kot ELTIF se predloži pri pristojnem organu ELTIF.
Application for authorisation as an ELTIF
V vlogi za pridobitev dovoljenja za delovanje kot ELTIF se navede naslednje:
An application for authorisation as an ELTIF shall be made to the competent authority of the ELTIF.
pravila sklada ali akti o ustanovitvi;
The application for authorisation as an ELTIF shall include the following:
informacije o istovetnosti predlaganega upravitelja ELTIF ter podatki o sedanjem in preteklem upravljanju sklada ter izkušnjah v zvezi s tem;
the fund rules or instruments of incorporation;
informacije o istovetnosti depozitarja;
information on the identity of the proposed manager of the ELTIF and its current and previous fund management experience and history;
opis informacij, ki bodo na voljo vlagateljem, vključno z opisom ureditve za obravnavo pritožb, ki jih vložijo mali vlagatelji.
information on the identity of the depositary;
Pristojni organ ELTIF lahko glede te dokumentacije in informacij, predloženih na podlagi drugega pododstavka, zahteva pojasnilo in dodatne informacije.
a description of the information to be made available to investors, including a description of the arrangements for dealing with complaints submitted by retail investors.
Le upravitelj EU UAIS, ki je pridobil dovoljenje na podlagi Direktive 2011/61/EU, sme pri pristojnem organu ELTIF zaprositi za dovoljenje za upravljanje ELTIF, za katerega je predložena vloga za pridobitev dovoljenja za delovanje v skladu z odstavkom 1.
The competent authority of the ELTIF may request clarification and information as regards the documentation and information provided under the second subparagraph.
Kadar je pristojni organ ELTIF hkrati tudi pristojni organ EU UAIS, se takšna vloga za pridobitev dovoljenja za upravljanje ELTIF nanaša na dokumentacijo, ki se predloži za pridobitev dovoljenja na podlagi Direktive 2011/61/EU.
Only an EU AIFM authorised under Directive 2011/61/EU may apply to the competent authority of the ELTIF for approval to manage an ELTIF for which authorisation is requested in accordance with paragraph 1.
V vlogi za pridobitev dovoljenja za upravljanje ELTIF se navede naslednje:
In the event that the competent authority of the ELTIF is the same as the competent authority of the EU AIFM, such an application for approval shall refer to the documentation submitted for authorisation under Directive 2011/61/EU.
pisni dogovor z depozitarjem;
An application for approval to manage an ELTIF shall include the following:
informacije o ureditvi prenosa nalog glede portfelja in obvladovanja tveganja ter upravnih nalog v zvezi z ELTIF;
the written agreement with the depositary;
informacije o naložbenih strategijah, profilu tveganja in drugih značilnostih AIS, za katere ima EU UAIS dovoljenje za upravljanje.
information on delegation arrangements regarding portfolio and risk management and administration with regard to the ELTIF;
Pristojni organ ELTIF lahko zaprosi pristojni organ EU UAIS za pojasnilo in informacije glede dokumentacije, na katero se nanaša drugi pododstavek, ali za potrdilo o tem, ali so ELTIF zajete v okviru dovoljenja, ki ga je EU UAIS pridobil za upravljanje AIS.
information about the investment strategies, the risk profile and other characteristics of AIFs that the EU AIFM is authorised to manage.
Pristojni organ EU UAIS mora odgovoriti v 10 delovnih dneh od datuma, ko je prejel zahtevo pristojnega organa ELTIF.
The competent authority of the ELTIF may ask the competent authority of the EU AIFM for clarification and information as regards the documentation referred to in the second subparagraph or an attestation as to whether ELTIFs fall within the scope of the EU AIFM's authorisation to manage AIFs.
Vlagatelji se v dveh mesecih od datuma predložitve popolne vloge obvestijo o tem, ali sta bili izdani dovoljenji za delovanje kot ELTIF, vključno z dovoljenjem, da EU AIFM lahko upravlja ELTIF.
The competent authority of the EU AIFM shall provide an answer within 10 working days from the date on which it received the request submitted by the competent authority of the ELTIF.
O vseh naknadnih spremembah dokumentacije iz odstavkov 1 in 2, se takoj obvesti pristojni organ ELTIF.
Applicants shall be informed within two months from the date of submission of a complete application whether authorisation as an ELTIF, including approval for the EU AIFM to manage the ELTIF, has been granted.
Z odstopanjem od odstavkov 1 in 2 EU AIS, katerega pravna oblika omogoča notranje upravljanje in katerega upravljavski organ se odloči, da ne bo imenoval zunanjega UAIS, hkrati zaprosi za dovoljenje za delovanje kot ELTIF iz te uredbe in kot UAIS iz Direktive 2011/61/EU.
Any subsequent modifications to the documentation referred to in paragraphs 1 and 2 shall be immediately notified to the competent authority of the ELTIF.
Brez poseganja v člen 7 Direktive 2011/61/EU se v vlogi za pridobitev dovoljenja za notranje upravljanje ELTIF navede naslednje:
By way of derogation from paragraphs 1 and 2, an EU AIF the legal form of which permits internal management and the governing body of which chooses not to appoint an external AIFM shall apply simultaneously for authorisation as an ELTIF under this Regulation and as an AIFM under Directive 2011/61/EU.
Z odstopanjem od odstavka 3 se EU AIS, ki ima notranjega upravitelja, v treh mesecih od datuma predložitve popolne vloge obvesti o tem, ali je bilo izdano dovoljenje za delovanje kot ELTIF.
Without prejudice to Article 7 of Directive 2011/61/EU, the application for authorisation as an internally managed ELTIF shall include the following:
Člen 6
By way of derogation from paragraph 3, an internally managed EU AIF shall be informed within three months from the date of submission of a complete application whether authorisation as an ELTIF has been granted.
Pogoji za izdajo dovoljenja za delovanje kot ELTIF
Article 6
EU AIS se izda dovoljenje za delovanje kot ELTIF le, kadar je njegov pristojni organ:
Conditions for granting authorisation as an ELTIF
prepričan, da je EU AIS zmožen izpolniti vse zahteve iz te uredbe;
An EU AIF shall be authorised as an ELTIF only where its competent authority:
odobril vlogo EU UAIS, ki je v skladu z Direktivo 2011/61/EU pridobil dovoljenje za upravljanje ELTIF, pravila sklada ali akte o ustanovitvi in izbiro depozitarja.
is satisfied that the EU AIF is able to meet all the requirements of this Regulation;
Kadar EU AIS predloži vlogo na podlagi člena 5(5) te uredbe, mu pristojni organ izda dovoljenje le, če je prepričan, da EU AIS izpolnjuje tako zahteve iz te uredbe kot zahteve iz Direktive 2011/61/EU glede izdaje dovoljenja EU UAIS.
has approved the application of an EU AIFM authorised in accordance with Directive 2011/61/EU to manage the ELTIF, the fund rules or instruments of incorporation, and the choice of the depositary.
Pristojni organ ELTIF lahko zavrne odobritev vloge EU UAIS za upravljanje ELTIF le, če EU UAIS:
In the event that an EU AIF makes an application pursuant to Article 5(5) of this Regulation, the competent authority shall authorise the EU AIF only where it is satisfied that the EU AIF complies with both the requirements of this Regulation and of Directive 2011/61/EU regarding the authorisation of an EU AIFM.
ne izpolnjuje zahtev iz te uredbe;
The competent authority of the ELTIF may refuse to approve the application of an EU AIFM to manage an ELTIF only where the EU AIFM:
ne izpolnjuje zahtev iz Direktive 2011/61/EU;
does not comply with this Regulation;
ni pridobil dovoljenja svojega pristojnega organa za upravljanje AIS, ki izvajajo naložbene strategije iste vrste, kot jih zajema ta uredba, ali
does not comply with Directive 2011/61/EU;
ni predložil dokumentacije iz člena 5(2) ali pojasnil ali informacij, ki se zahtevajo v skladu z navedenim členom.
is not authorised by its competent authority to manage AIFs that follow investment strategies of the type covered by this Regulation; or
Pred zavrnitvijo odobritve vloge se pristojni organ ELTIF posvetuje s pristojnim organom EU UAIS.
has not provided the documentation referred to in Article 5(2), or any clarification or information requested thereunder.
Pristojni organ ELTIF ne izda dovoljenja za delovanje kot ELTIF, če EU AIS, ki je predložil vlogo za pridobitev dovoljenja, na podlagi predpisov ne sme tržiti svojih enot ali delnic v svoji matični državi članici.
Before refusing to approve an application, the competent authority of the ELTIF shall consult the competent authority of the EU AIFM.
Pristojni organ ELTIF sporoči EU AIS razlog za zavrnitev izdaje dovoljenja za delovanje kot ELTIF.
The competent authority of the ELTIF shall not grant authorisation as an ELTIF to the EU AIF that has made an application for authorisation if it is legally prevented from marketing its units or shares in its home Member State.
Vloga, ki je bila zavrnjena na podlagi tega poglavja, ne sme biti ponovno predložena pristojnim organom drugih držav članic.
The competent authority of the ELTIF shall communicate to the EU AIF the reason for its refusal to grant authorisation as an ELTIF.
Izdaja dovoljenja za delovanje kot ELTIF ne sme biti pogojena z zahtevo, da EU UAIS, ki se mu dovoljenje izda v matični državi članici ELTIF, upravlja ELTIF, ali da EU UAIS izvaja ali prenese katere koli dejavnosti v matično državo članico ELTIF.
An application which has been rejected under this Chapter shall not be resubmitted to the competent authorities of other Member States.
Člen 7
Authorisation as an ELTIF shall not be subject to a requirement that the ELTIF be managed by an EU AIFM authorised in the home Member State of the ELTIF or that the EU AIFM pursue or delegate any activities in the home Member State of the ELTIF.
Veljavna pravila in odgovornost
Article 7
ELTIF mora vedno spoštovati določbe te uredbe.
Applicable rules and liability
ELTIF in njegov upravitelj morata vedno izpolnjevati zahteve iz Direktive 2011/61/EU.
An ELTIF shall comply at all times with the provisions of this Regulation.
Za zagotavljanje skladnosti s to uredbo je odgovoren upravitelj ELTIF, ki je v skladu z Direktivo 2011/61/EU odgovoren tudi za kakršne koli kršitve te uredbe.
An ELTIF and the manager of the ELTIF shall comply at all times with Directive 2011/61/EU.
Upravitelj ELTIF je poleg tega odgovoren za izgubo ali škodo, ki bi nastala zaradi neskladnosti s to uredbo.
The manager of the ELTIF shall be responsible for ensuring compliance with this Regulation and shall also be liable in accordance with Directive 2011/61/EU for any infringements of this Regulation.
POGLAVJE II
The manager of the ELTIF shall also be liable for losses or damages resulting from non-compliance with this Regulation.
OBVEZNOSTI V ZVEZI Z NALOŽBENO POLITIKO ELTIF
CHAPTER II
ODDELEK 1
OBLIGATIONS CONCERNING THE INVESTMENT POLICIES OF ELTIFs
Splošna pravila in primerna sredstva
SECTION 1
Člen 8
General rules and eligible assets
Naložbeni razdelki
Article 8
Kadar ELTIF obsega več naložbenih razdelkov, se vsak razdelek za namene tega poglavja obravnava kot ločen ELTIF.
Investment compartments
Člen 9
Where an ELTIF comprises more than one investment compartment, each compartment shall be regarded as a separate ELTIF for the purposes of this Chapter.
Primerne naložbe
Article 9
V skladu s cilji iz člena 1(2) lahko ELTIF vlaga le v naslednje kategorije sredstev in le pod pogoji, ki jih določa ta uredba:
Eligible investments
primerna naložbena sredstva;
In accordance with the objectives referred to in Article 1(2), an ELTIF shall invest only in the following categories of assets and only under the conditions specified in this Regulation:
sredstva iz člena 50(1) Direktive 2009/65/ES.
eligible investment assets;
ELTIF ne sme opravljati ničesar od naštetega:
assets referred to in Article 50(1) of Directive 2009/65/EC.
prodaje sredstev na kratko;
An ELTIF shall not undertake any of the following activities:
prevzemati neposredne ali posredne izpostavljenosti blagu, vključno prek izvedenih finančnih instrumentov, certifikatov, ki jih predstavljajo, indeksov, ki na njih temeljijo, ali kakršnega koli drugega načina ali instrumenta, s katerim bi pridobili tako izpostavljenost;
short selling of assets;
vstopati v pogodbena razmerja glede posojanja in izposojanja vrednostnih papirjev in glede repo poslov ali druga pogodbena razmerja, ki imajo enakovreden ekonomski učinek in pomenijo podobna tveganja, če ta pogodbena razmerja vplivajo na več kot 10 % sredstev ELTIF;
taking direct or indirect exposure to commodities, including via financial derivative instruments, certificates representing them, indices based on them or any other means or instrument that would give an exposure to them;
uporabljati izvedenih finančnih instrumentov, razen če je izključni namen uporabe takšnih instrumentov zavarovanje pred tveganji, neločljivo povezanimi z drugimi naložbami ELTIF.
entering into securities lending, securities borrowing, repurchase transactions, or any other agreement which has an equivalent economic effect and poses similar risks, if thereby more than 10 % of the assets of the ELTIF are affected;
Da se zagotovi dosledna uporaba tega člena, ESMA po odprtem javnem posvetovanju pripravi osnutke regulativnih tehničnih standardov, v katerih določi merila za opredelitev okoliščin, v katerih je izključni namen uporabe izvedenih finančnih instrumentih zavarovanje pred tveganji, neločljivo povezanimi z naložbami iz točke (d) odstavka 2.
using financial derivative instruments, except where the use of such instruments solely serves the purpose of hedging the risks inherent to other investments of the ELTIF.
ESMA osnutke regulativnih tehničnih standardov predloži Komisiji do 9. septembra 2015.
In order to ensure the consistent application of this Article, ESMA shall, after conducting a public consultation, develop draft regulatory technical standards specifying criteria for establishing the circumstances in which the use of financial derivative instruments solely serves the purpose of hedging the risks inherent to the investments referred to in point (d) of paragraph 2.
Na Komisijo se prenese pooblastilo za sprejetje regulativnih tehničnih standardov iz prvega pododstavka v skladu s členi 10 do 14 Uredbe (EU) št. 1095/2010.
ESMA shall submit those draft regulatory technical standards to the Commission by 9 September 2015.
Člen 10
Power is delegated to the Commission to adopt the regulatory technical standards referred to in the first subparagraph in accordance with Articles 10 to 14 of Regulation (EU) No 1095/2010.
Primerna naložbena sredstva
Article 10
Sredstvo iz točke (a) člena 9(1) je primerno za naložbo s strani ELTIF le, če spada v katero od naslednjih kategorij:
Eligible investment assets
instrumenti lastniškega ali navideznega lastniškega kapitala, ki jih je:
An asset referred to in point (a) of Article 9(1) shall be eligible for investment by an ELTIF only where it falls into one of the following categories:
izdalo kvalificirano portfeljsko podjetje in jih je ELTIF pridobil od kvalificiranega portfeljskega podjetja ali od tretje osebe prek sekundarnega trga;
equity or quasi-equity instruments which have been:
izdalo kvalificirano portfeljsko podjetje v zameno za instrument lastniškega ali navideznega lastniškega kapitala, ki ga je ELTIF prej pridobil od kvalificiranega portfeljskega podjetja ali od tretje osebe prek sekundarnega trga;
issued by a qualifying portfolio undertaking and acquired by the ELTIF from the qualifying portfolio undertaking or from a third party via the secondary market;
izdalo podjetje, katerega hčerinsko podjetje v večinski lasti je kvalificirano portfeljsko podjetje, v zameno za instrument lastniškega ali navideznega lastniškega kapitala, ki ga je ELTIF v skladu s točkama (i) in (ii) pridobil od kvalificiranega lastniškega podjetja ali od tretje osebe prek sekundarnega trga;
issued by a qualifying portfolio undertaking in exchange for an equity or quasi-equity instrument previously acquired by the ELTIF from the qualifying portfolio undertaking or from a third party via the secondary market;
dolžniški instrumenti, ki jih je izdalo kvalificirano portfeljsko podjetje;
issued by an undertaking of which the qualifying portfolio undertaking is a majority owned subsidiary, in exchange for an equity or quasi-equity instrument acquired in accordance with points (i) or (ii) by the ELTIF from the qualifying portfolio undertaking or from a third party via the secondary market;
posojila, ki jih je ELTIF odobril kvalificiranemu portfeljskemu podjetju, z zapadlostjo, ki ni daljša od življenjske dobe ELTIF;
debt instruments issued by a qualifying portfolio undertaking;
enote ali delnice enega ali več drugih ELTIF, evropske sklade tveganega kapitala (EuVECA) in evropske sklade za socialno podjetništvo (EuSEF), če ti niso že sami vložili več kot 10 % svojega kapitala v ELTIF;
loans granted by the ELTIF to a qualifying portfolio undertaking with a maturity no longer than the life of the ELTIF;
neposredni deleži ali posredni deleži prek kvalificiranega portfeljskega podjetja posameznih realnih sredstev v vrednosti najmanj 10000000 EUR ali v enakovrednem znesku v valuti in v trenutku, v katerih so ti odhodki nastali.
units or shares of one or several other ELTIFs, EuVECAs and EuSEFs provided that those ELTIFs, EuVECAs and EuSEFs have not themselves invested more than 10 % of their capital in ELTIFs;
Člen 11
direct holdings or indirect holdings via qualifying portfolio undertakings of individual real assets with a value of at least EUR 10000000 or its equivalent in the currency in which, and at the time when, the expenditure is incurred.
Kvalificirano portfeljsko podjetje
Article 11
Kvalificirano portfeljsko podjetje iz člena 10 je portfeljsko podjetje, ki ni kolektivni naložbeni podjem in ki izpolnjuje naslednje zahteve:
Qualifying portfolio undertaking
ni finančno podjetje;
A qualifying portfolio undertaking referred to in Article 10 shall be a portfolio undertaking other than a collective investment undertaking that fulfils the following requirements:
je podjetje, ki:
it is not a financial undertaking;
ni sprejeto v trgovanje na reguliranem trgu ali v večstranskem sistemu trgovanja bodisi
it is an undertaking which:
je sprejeto v trgovanje na reguliranem trgu ali večstranskem sistemu trgovanja, pri čemer njegova tržna kapitalizacija ne presega 500000000 EUR;
is not admitted to trading on a regulated market or on a multilateral trading facility; or
ustanovljeno je v državi članici ali v tretji državi, če:
is admitted to trading on a regulated market or on a multilateral trading facility and at the same time has a market capitalisation of no more than EUR 500000000;
ta tretja država ni uvrščena med jurisdikcije, za katere je Projektna skupina za finančno ukrepanje ugotovila, da so visoko tvegane in niso pripravljene sodelovati,
it is established in a Member State, or in a third country provided that the third country:
je ta tretja država podpisala sporazum z matično državo članico upravitelja ELTIF in z vsako drugo državo članico, v kateri se nameravajo tržiti enote ali deleži ELTIF, da zagotovi, da tretja država v celoti izpolnjuje standarde iz člena 26 Vzorčne konvencije OECD o davku na dohodek in kapital ter zagotovi učinkovito izmenjavo informacij glede davčnih zadev, vključno z vsemi večstranskimi davčnimi sporazumi.
is not a high-risk and non-cooperative jurisdiction identified by the Financial Action Task Force;
Z odstopanjem od točke (a) odstavka 1 tega člena je kvalificirano portfeljsko podjetje lahko finančno podjetje, ki izključno financira kvalificirana portfeljska podjetja iz odstavka 1 tega člena ali realna sredstva iz točke (e) člena 10.
has signed an agreement with the home Member State of the manager of the ELTIF and with every other Member State in which the units or shares of the ELTIF are intended to be marketed to ensure that the third country fully complies with the standards laid down in Article 26 of the OECD Model Tax Convention on Income and on Capital and ensures an effective exchange of information in tax matters, including any multilateral tax agreements.
Člen 12
By way of derogation from point (a) of paragraph 1 of this Article, a qualifying portfolio undertaking may be a financial undertaking that exclusively finances qualifying portfolio undertakings referred to in paragraph 1 of this Article or real assets referred to in point (e) of Article 10.
Nasprotja interesov
Article 12
ELTIF ne vlaga v primerno naložbeno sredstvo, v katerem upravitelj ELTIF ima ali bo imel neposredni ali posredni interes, ki ni imetništvo enot ali delnic ELTIF, EuSEF ali EuVECA, ki ga upravlja.
Conflict of interest
ODDELEK 2
An ELTIF shall not invest in an eligible investment asset in which the manager of the ELTIF has or takes a direct or indirect interest, other than by holding units or shares of the ELTIFs, EuSEFs or EuVECAs that it manages.
Določbe o naložbenih politikah
SECTION 2
Člen 13
Provisions on investment policies
Sestava in diverzifikacija portfelja
Article 13
ELTIF vložijo v primerna naložbena sredstva vsaj 70 % svojega kapitala.
Portfolio composition and diversification
ELTIF vložijo največ:
An ELTIF shall invest at least 70 % of its capital in eligible investment assets.
10 % svojega kapitala v instrumente, ki jih je izdalo katero koli posamezno kvalificirano portfeljsko podjetje, ali v posojila, ki so odobrena kateremu koli posameznemu kvalificiranemu portfeljskemu podjetju;
An ELTIF shall invest no more than:
10 % svojega kapitala neposredno ali posredno v posamezno realno sredstvo;
10 % of its capital in instruments issued by, or loans granted to, any single qualifying portfolio undertaking;
10 % svojega kapitala v enote ali delnice katerega koli posameznega ELTIF, EuVECA ali EuSEF;
10 % of its capital directly or indirectly in a single real asset;
5 % svojega kapitala v sredstva iz točke (b) člena 9(1), če jih je izdal kateri koli posamezni organ.
10 % of its capital in units or shares of any single ELTIF, EuVECA or EuSEF;
Skupna vrednost enot ali delnic ELTIF, EuvECA in EuSEF v portfelju ELTIF ne sme presegati 20 % vrednosti kapitala ELTIF.