natgillin/translations-raw huggingface dataset:
RCCs are subject to inspections, enquiries and audits by SEBI and have to provide information regarding its business to SEBI.
Enote centralne ravni države ali SEBI lahko odvzamejo dovoljenje priznani klirinški korporaciji, če je to v javnem interesu ali v interesu poslovanja.
The SCRA provides for penalties for contravention of the internal rules and procedures of RCCs or of any directions issued by SEBI.
Centralna banka Indije izvaja nadzor klirinških družb z dovoljenjem.
Finally, RCC authorisations can be withdrawn by the Central Government or by SEBI in the public interest or in the interest of trade.
Od klirinških družb z dovoljenjem lahko zahteva informacije in ima pooblastilo za preiskavo njihovih prostorov ter opravljanje revizij.
The supervision of authorised clearing houses is carried out by RBI.
Poleg tega lahko za klirinške družbe z dovoljenjem v posebnih okoliščinah izda navodila, da prekine njihovo vedenje in izvede ukrepe, ki se štejejo za potrebne za izboljšanje stanja.
RBI can request information from authorised clearing houses and has the power to inspect their premises and to make audits.
V primeru neizpolnjevanja določb zakona PSSA in predpisov, odredb ali navodil, ki jih izda Centralna banka Indije, so predvidene kazni.
Moreover, RBI can issue directions to authorised clearing houses in specific circumstances, to cease their behaviour and to perform such acts as are considered necessary to remedy the situation.
Centralna banka Indije lahko prekliče dovoljenje za upravljanje klirinške družbe z dovoljenjem v primeru, da klirinška družba z dovoljenjem krši določbe zakona PSSA, predpise PSS, odredbe ali navodila, ki jih izda Centralna banka Indije, ali v primeru, da ne izpolnjuje pogojev, na katerih temelji dovoljenje.
Moreover, penalties are provided for in case of non-compliance with the PSSA provisions and the regulations, orders or directions issued by RBI.
Zato bi bilo treba skleniti, da za priznane klirinške korporacije in klirinške družbe z dovoljenjem v Indiji veljata učinkovit stalen nadzor in izvrševanje.
Finally, the authorisation to operate an authorised clearing house can be revoked by RBI in case the authorised clearing house contravenes the provisions of the PSSA, the PSS Regulations, the orders or directions issued by RBI or in case of non-compliance with the conditions to which the authorisation is subject.
V skladu s tretjim pogojem iz člena 25(6) Uredbe (EU) št. 648/2012 morajo pravne in nadzorne ureditve Indije vključevati učinkovit enakovreden sistem za priznanje CNS z dovoljenjem v skladu s pravno ureditvijo tretje države (v nadaljnjem besedila: CNS z dovoljenjem tretje države).
It should therefore be concluded that RCCs and authorised clearing houses authorised in India are subject to effective supervision and enforcement on an ongoing basis.
CNS z dovoljenjem tretje države lahko zaprosijo za dovoljenje kot „klirinške družbe z dovoljenjem“ v skladu z ureditvijo RBI, kar jim omogoča, da ponujajo enake klirinške storitve kot CNS s sedežem v Indiji.
According to the third condition under Article 25(6) of Regulation (EU) No 648/2012, the legal and supervisory arrangements of India must include an effective equivalent system for the recognition of CCPs authorised under third country legal regimes (‘third-country CCPs’).
Lahko so izvzete iz nekaterih zahtev, ki veljajo za priznane klirinške korporacije in klirinške družbe z dovoljenjem v Indiji, pod pogojem, da izpolnjujejo načela za infrastrukture finančnega trga in da je med Centralno banko Indije in nadzornikom v tretji državi sklenjen dogovor o sodelovanju.
Third country CCPs may apply for authorisation as an ‘authorised clearing house’ under the RBI regime, which allows third country CCPs to provide the same clearing services as CCPs established in India.
Ocena vloge za dovoljenje lahko temelji na informacijah, ki jih zagotovi nadzornik v tretji državi.
Third country CCPs can be exempted from certain requirements applicable to RCCs and authorised clearing houses in India, provided they comply with the PFMIs and a cooperation arrangement is concluded between the RBI and the third country supervisor.
Zato bi bilo treba skleniti, da pravne in nadzorne ureditve Indije omogočajo učinkovit enakovreden sistem za priznavanje CNS z dovoljenjem tretje države.
The assessment of the application for authorisation can be based on the information provided by the third country supervisor.
Ta sklep temelji na pravno zavezujočih zahtevah za priznane klirinške korporacije in klirinške družbe z dovoljenjem v Indiji, ki veljajo v tej državi v času sprejetja tega sklepa.
It should therefore be concluded that the legal and supervisory arrangements of India provide for an effective equivalent system for the recognition of third-country CCPs.
Komisija bi morala v sodelovanju z ESMA še naprej redno spremljati razvoj pravnega in nadzornega okvira za priznane klirinške korporacije in klirinške družbe z dovoljenjem ter izpolnjevanje pogojev, na podlagi katerih je bil sprejet ta sklep.
This Decision is based on the legally binding requirements relating to RCCs and authorised clearing houses applicable in India at the time of the adoption of this Decision.
Redni pregled pravnih in nadzornih ureditev, ki se v Indiji uporabljajo za CNS z dovoljenjem v tej državi, ne posega v možnost, da Komisija kadar koli izven okvira splošnih pregledov izvede poseben pregled, če mora zaradi razvoja dogodkov ponovno oceniti, ali še obstaja enakovrednost, določena s tem sklepom.
The Commission, in cooperation with ESMA, should continue monitoring on a regular basis the evolution of the legal and supervisory framework for RCCs and authorised clearing houses and the fulfilment of the conditions on the basis of which this decision has been taken.
Takšna ponovna ocena bi lahko pripeljala do razveljavitve tega sklepa.
The regular review of the legal and supervisory arrangements applicable in India to CCPs authorised therein should be without prejudice to the possibility of the Commission to undertake a specific review at any time outside the general review, where relevant developments make it necessary for the Commission to re-assess the equivalence granted by this Decision.
Ukrepi iz tega sklepa so v skladu z mnenjem Evropskega odbora za vrednostne papirje –
HAS ADOPTED THIS DECISION:
Za namene odstavka 6 člena 25 Uredbe (EU) št. 648/2012 se pravne in nadzorne ureditve Indije, ki jih sestavljajo zakon (uredba) o pogodbah o vrednostnih papirjih iz leta 1956, predpisi (uredba) o pogodbah o vrednostnih papirjih (borze in klirinške korporacije) iz leta 2012 in okrožnica z dne 4. septembra 2013 ter ki se uporabljajo za priznane klirinške korporacije, ki jim je bilo v Indiji izdano dovoljenje, štejejo za enakovredne zahtevam iz Uredbe (EU) št. 648/2012.
Article 1
Za namene odstavka 6 člena 25 Uredbe (EU) št. 648/2012 se pravne in nadzorne ureditve Indije, ki jih sestavljajo zakon o plačilnih in poravnalnih sistemih iz leta 2007 in predpisi o plačilnih in poravnalnih sistemih iz leta 2008, kot jih dopolnjuje dokument o politiki za regulacijo in nadzor infrastruktur finančnega trga, ter ki se uporabljajo za klirinške družbe z dovoljenjem, ki jim je bilo v Indiji izdano dovoljenje, štejejo za enakovredne zahtevam iz Uredbe (EU) št. 648/2012.
For the purposes of paragraph 6 of Article 25 of Regulation (EU) No 648/2012, the legal and supervisory arrangements of India consisting of the Securities Contracts (Regulation) Act 1956, the Securities Contract (Regulation) (Stock Exchange and Clearing Corporations) Regulations 2012 and the Circular of 4 September 2013 and applicable to recognised clearing corporations authorised therein shall be considered to be equivalent to the requirements laid down in Regulation (EU) No 648/2012.
Člen 2
For the purposes of paragraph 6 of Article 25 of Regulation (EU) No 648/2012, the legal and supervisory arrangements of India consisting of the Payment and Settlement Systems Act, 2007 and the Payment and Settlement Systems Regulations, 2008, as complemented by the Policy Document for Regulation and Supervision of Financial Market Infrastructures, and applicable to authorised clearing houses authorised therein shall be considered to be equivalent to the requirements laid down in Regulation (EU) No 648/2012.
Ta sklep začne veljati dvajseti dan po objavi v Uradnem listu Evropske unije.
Article 2
V Bruslju, 15. decembra 2016
Done at Brussels, 15 December 2016.
Predsednik
The President
S 1. septembrom 2014 se je Odbor za plačilne in poravnalne sisteme preimenoval v Odbor za plačila in tržno infrastrukturo.
OJ L 201, 27.7.2012, p. 1.
Pravno zavezujoče zahteve Indije za CNS z dovoljenjem v tej državi, ki opravljajo kliring vrednostnih papirjev podjetij in izvedenih finančnih instrumentov ter ki so pod nadzorom in pregledom Indijskega odbora za vrednostne papirje in borzo (Securities and Exchange Board of India, SEBI) (v nadaljnjem besedilu: ureditev SEBI), sestavljajo zakon (uredba) o pogodbah o vrednostnih papirjih iz leta 1956 (Securities Contracts (Regulation) Act 1956, SCRA, v nadaljnjem besedilu: zakon SCRA) in predpisi (uredba) o pogodbah o vrednostnih papirjih (borza in korporacije za kliring) 2012 (Securities Contract (Regulation) (Stock Exchange and Clearing Corporations) Regulations 2012, v nadaljnjem besedilu: predpisi), ki jih je junija 2012 sprejel SEBI v okviru izvrševanja pooblastil, ki sta mu jih dala zakon SCRA in zakon o Indijskem uradu za vrednostne papirje in borzo (Securitites and Exchange Board of India Act ali SEBI Act, v nadaljnjem besedilu: zakon o SEBI) SEBI je 4. septembra 2013 izdal okrožnico, s katero je sprejel načela za infrastrukture finančnega trga, ki sta jih aprila 2012 izdala Odbor za plačilne in poravnalne sisteme (CPSS) [2] in Mednarodno združenje nadzornikov trga vrednostnih papirjev (IOSCO), in od infrastruktur finančnega trga, vključno s klirinškimi korporacijami, zahteval, da jih upoštevajo.
Commission Implementing Decision (EU) 2016/2270
Izvedbeni sklep Komisije (EU) 2016/2270
on the equivalence of approved exchanges in Singapore in accordance with Regulation (EU) No 648/2012 of the European Parliament and of the Council
o enakovrednosti odobrenih borz v Singapurju v skladu z Uredbo (EU) št. 648/2012 Evropskega parlamenta in Sveta
Regulation (EU) No 648/2012 lays down clearing and bilateral risk-management requirements for over-the-counter (‘OTC’) derivative contracts as well as reporting requirements for such contracts.
Uredba (EU) št. 648/2012 določa zahteve za kliring in dvostransko obvladovanje tveganj za pogodbe o izvedenih finančnih instrumentih OTC ter zahteve za poročanje o takih pogodbah.
Point (7) of Article 2 of Regulation (EU) No 648/2012 defines OTC derivatives as derivative contracts the execution of which does not take place on a regulated market within the meaning of point (14) of Article 4(1) of Directive 2004/39/EC of the European Parliament and the of the Council [2] or on a third country market considered as equivalent to a regulated market in accordance with Article 2a of Regulation (EU) No 648/2012.
Točka 7 člena 2 Uredbe (EU) št. 648/2012 izvedene finančne instrumente OTC opredeljuje kot pogodbe o izvedenih finančnih instrumentih, ki se ne izvršijo na reguliranem trgu v smislu točke 14 člena 4(1) Direktive 2004/39/ES Evropskega parlamenta in Sveta [2] ali na trgu tretje države, ki se šteje za enakovrednega reguliranemu trgu v skladu s členom 2a Uredbe (EU) št. 648/2012.
The purpose of this equivalence assessment is therefore to verify that the legally binding requirements which apply to approved exchanges in Singapore are equivalent to the requirements laid down in Title III of Directive 2004/39/EC, and that those markets are subject to effective supervision and enforcement on an ongoing basis.
Namen te ocene enakovrednosti je torej preveriti, ali so pravno zavezujoče zahteve, ki se uporabljajo za odobrene borze v Singapurju, enakovredne zahtevam iz naslova III Direktive 2004/39/ES ter ali so navedeni trgi predmet stalnega učinkovitega nadzora in izvrševanja.
Markets which are approved exchanges on the date of adoption of this Decision should be therefore identified as markets considered equivalent to a regulated market within the meaning of Directive 2004/39/EC.
Trge, ki so na datum sprejetja tega sklepa odobrene borze, je treba zato opredeliti kot trge, ki se štejejo za enakovredne reguliranemu trgu v skladu z Direktivo 2004/39/ES.
The Singaporean legal framework for approved exchanges consists of the Securities and Futures Act (SFA), Securities and Futures (Markets) Regulations 2005, Securities and Futures (Corporate Governance of Approved Exchanges, Approved Clearing Houses and Approved Holding Companies) Regulations 2005, Securities and Futures (Offers of Investments) (Shares and Debentures) Regulations 2005, Securities and Futures (Licensing and Conduct of Business) Regulations 2004 and the Guidelines issued by the Monetary Authority of Singapore (MAS) pursuant to section 321 of the SFA, including the Guidelines on the Regulation of Markets No SFA 02-G01 and the Guidelines on Fit and Proper Criteria No FSG-G01.
Singapurski pravni okvir za odobrene borze sestavljajo zakon o vrednostnih papirjih in standardiziranih terminskih poslih (Securities and Futures Act – SFA), predpisi o vrednostnih papirjih in standardiziranih terminskih poslih iz leta 2005 v zvezi s trgi, korporativnim upravljanjem odobrenih borz, odobrenih klirinških družb in odobrenih holdingov, ponudbami za naložbe ter delnicami in nezavarovanimi obveznicami, predpisi o vrednostnih papirjih in standardiziranih terminskih poslih iz leta 2004 v zvezi z licenciranjem in vodenjem poslov ter smernice, ki jih je izdala centralna banka Singapurja (Monetary Authority of Singapore – MAS) v skladu z oddelkom 321 SFA, vključno s smernicami o urejanju trgov št.
The Guidelines on the Regulation of Markets set out obligations for the approved exchanges such as the obligation to operate a fair, orderly and transparent market.
SFA 02-G01 in smernicami o merilih glede sposobnosti in primernosti št.
The business and listing rules, as well as any amendment of those rules, must be submitted to MAS prior to their implementation.
Poleg tega so nekatera pravila poslovanja in kotiranja, ki podrobneje določajo zahteve SFA, opisana v pravilniku za vsako odobreno borzo.
The legally binding requirements applicable to approved exchanges in Singapore deliver substantive results equivalent to those of the requirements laid down in Title III of Directive 2004/39/EC in the following areas: authorisation process, definitional requirements, access to the approved exchange, organisational requirements, requirements for senior management, admission of financial instruments to trading, suspension and removal of instruments from trading, monitoring of compliance with the rules of the approved exchanges and access to clearing and settlement arrangements.
Kljub temu, da se lahko delnice sprejmejo v trgovanje na odobrenih borzah v Singapurju, Komisija meni, da ocena navedenih zahtev ni relevantna za namene tega sklepa, saj je njen cilj preveriti enakovrednost pravno zavezujočih zahtev, ki se uporabljajo za trge tretjih držav v zvezi s pogodbami o izvedenih finančnih instrumentih, ki se izvršujejo na teh trgih.
Under Directive 2004/39/EC, pre- and post-trade transparency requirements apply only to shares admitted to trading on regulated markets.
Zato je ustrezno zaključiti, da pravno zavezujoče zahteve za odobrene borze v Singapurju zagotavljajo rezultate, enakovredne tistim na podlagi zahtev iz naslova III Direktive 2004/39/ES.
Despite shares can be admitted to trading on approved exchanges in Singapore, the Commission considers that the assessment of those requirements is however not relevant for the purposes of this Decision given that its objective is to verify the equivalence of the legally binding requirements applicable to third-country markets in respect of derivatives contracts that are executed on those markets.
Odobrene borze v Singapurju nadzira MAS, ki je javni organ, ustanovljen v skladu z oddelkom 3 zakona o centralni banki Singapurja.
It should therefore be concluded that the legally binding requirements for approved exchanges in Singapore deliver results equivalent to those of the requirements laid down in Title III of Directive 2004/39/EC.
MAS je glavni regulator za dejavnosti kapitalskega trga v Singapurju.
The approved exchanges in Singapore are subject to supervision by MAS, a public authority established under section 3 of the Monetary Authority of Singapore Act.
MAS lahko nalaga globe in izdaja opomine zaradi kršitve določb SFA ali njegove sekundarne zakonodaje, vključno z obvestili in navodili.
MAS is the primary regulator for capital market activities in Singapore.
MAS lahko tudi odstavi glavne uslužbence, če meni, da je to v interesu javnosti.
MAS may impose fines and issue reprimands for the infringement of provisions of the SFA or of its secondary legislation, including notices and directions.
Tako bi bilo treba pogoje iz člena 2a Uredbe (EU) št. 648/2012 v zvezi z odobrenimi borzami v Singapurju šteti za izpolnjene.
MAS may also remove key officers where it considers that doing so is in the interest of the public.
Ta sklep temelji na pravno zavezujočih zahtevah za odobrene borze, ki veljajo v Singapurju v času sprejetja tega sklepa.
Finally, MAS supervises the approved exchange's risk management practices and controls, through on-site and off-site inspections.
Komisija bi morala še naprej redno spremljati razvoj pravnih in nadzornih ureditev za odobrene borze ter izpolnjevanje pogojev, na podlagi katerih je bil ta sklep sprejet.
It should therefore be concluded that approved exchanges are subject to effective supervision and enforcement in Singapore on an ongoing basis.
Komisija bi morala ta sklep pregledati zlasti zaradi začetka veljavnosti Uredbe (EU) št. 600/2014 Evropskega parlamenta in Sveta [3] ter Direktive 2014/65/EU Evropskega parlamenta in Sveta [4].
The conditions laid down in Article 2a of Regulation (EU) No 648/2012 should therefore be considered to be satisfied with respect to approved exchanges in Singapore.
Redni pregled pravnih in nadzornih ureditev, ki se uporabljajo za odobrene borze v Singapurju, ne posega v možnost Komisije, da kadar koli izvede poseben pregled, če mora zaradi razvoja dogodkov ponovno oceniti enakovrednost, odobreno s tem sklepom.
This Decision is based on the legally binding requirements relating to approved exchanges in Singapore at the time of the adoption of this Decision.
Takšna ponovna ocena bi lahko privedla do razveljavitve tega sklepa.
The Commission should continue monitoring on a regular basis the evolution of the legal and supervisory arrangements for approved exchanges and the fulfilment of the conditions on the basis of which this Decision has been taken.
Ukrepi iz tega sklepa so v skladu z mnenjem Evropskega odbora za vrednostne papirje –
The regular review of the legal and supervisory arrangements applicable to approved exchanges in Singapore is without prejudice to the possibility of the Commission to undertake a specific review at any time where relevant developments make it necessary for the Commission to reassess the equivalence granted by this Decision.
Člen 1
Such re-assessment could lead to the repeal of this Decision.
Za namene točke 7 člena 2 Uredbe (EU) št. 648/2012 se odobrene borze v Singapurju, ki so navedene v Prilogi, štejejo za enakovredne reguliranim trgom, kot so opredeljeni v točki 14 člena 4(1) Direktive 2004/39/ES.
Article 1
V Bruslju, 15. decembra 2016
For the purposes of point (7) of Article 2 of Regulation (EU) No 648/2012, the approved exchanges in Singapore and set out in the Annex shall be considered as equivalent to regulated markets as defined in point (14) of Article 4(1) of Directive 2004/39/EC.
Za Komisijo
Done at Brussels, 15 December 2016.
Direktiva 2004/39/ES Evropskega parlamenta in Sveta z dne 21. aprila 2004 o trgih finančnih instrumentov in o spremembah direktiv Sveta 85/611/EGS, 93/6/EGS in Direktive 2000/12/ES Evropskega parlamenta in Sveta ter o razveljavitvi Direktive Sveta 93/22/EGS (UL L 145, 30.4.2004, str. 1).
Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments amending Council Directives 85/611/EEC and 93/6/EEC and Directive 2000/12/EC of the European Parliament and of the Council and repealing Council Directive 93/22/EEC (OJ L 145, 30.4.2004, p. 1).
Odobrene borze v Singapurju iz člena 1
Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012 (OJ L 173, 12.6.2014, p. 84).
ICE Futures Singapore
Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (OJ L 173, 12.6.2014, p. 349).
Poleg tega lahko MAS v skladu z oddelkom 334(1) in oddelkom 335 naloži globo odobreni borzi, če ugotovi, da je borza odgovorna za izogibanje kateri od smernic.
ANNEX
Pravila poslovanja in kotiranja ter njihove spremembe se morajo pred njihovo implementacijo predložiti MAS.
Approved exchanges in Singapore referred to in Article 1
SFA določa kazni, kadar pravila poslovanja ali kotiranja niso skladna z zahtevami MAS.
ICE Futures Singapore.
MAS ima zakonita pooblastila za izdajanje pravno zavezujočih obvestil, smernic, kodeksov, izjav o politiki in obvestil o izvajanju.
Commission Implementing Decision (EU) 2016/2271
Izvedbeni sklep Komisije (EU) 2016/2271
on the equivalence of financial instrument exchanges and commodity exchanges in Japan in accordance with Regulation (EU) No 648/2012 of the European Parliament and of the Council
o enakovrednosti borz finančnih instrumentov in blagovnih borz na Japonskem v skladu z Uredbo (EU) št. 648/2012 Evropskega parlamenta in Sveta
Having regard to Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories [1], and in particular Article 2a thereof,
ob upoštevanju Uredbe (EU) št. 648/2012 Evropskega parlamenta in Sveta z dne 4. julija 2012 o izvedenih finančnih instrumentih OTC, centralnih nasprotnih strankah in repozitorijih sklenjenih poslov [1] in zlasti člena 2a Uredbe,
Therefore, any derivative contract the execution of which takes place on a third-country market not deemed equivalent to regulated markets are classified as OTC for the purposes of Regulation (EU) No 648/2012.
Zato se pogodbe o izvedenih finančnih instrumentih, ki se izvršijo na trgu tretje države, ki se ne šteje za enakovrednega reguliranemu trgu, za namene Uredbe (EU) št. 648/2012 razvrstijo med izvedene finančne instrumente OTC.
In order for a third-country market to be considered equivalent to a regulated market within the meaning of Directive 2004/39/EC, the substantive outcome of the applicable legally binding requirements and supervisory and enforcement arrangements should be equivalent to Union requirements in respect of the regulatory objectives they achieve.
Da bi se trg tretje države štel za enakovrednega reguliranemu trgu v smislu Direktive 2004/39/ES, bi morale biti veljavne pravno zavezujoče zahteve ter nadzorne in izvršitvene ureditve v smislu doseganja regulativnih ciljev v veliki meri enakovredne zahtevam Unije.
The purpose of this equivalence assessment is therefore to verify that the legally binding requirements which apply to financial instruments exchanges (FIEs) and commodity exchanges in Japan are equivalent to the requirements laid down in Title III of Directive 2004/39/EC, and that those markets are subject to effective supervision and enforcement on an ongoing basis.
Namen te ocene enakovrednosti je torej preveriti, ali so pravno zavezujoče zahteve, ki se uporabljajo za borze finančnih instrumentov in blagovne borze na Japonskem, enakovredne zahtevam iz naslova III Direktive 2004/39/ES ter ali so navedeni trgi predmet stalnega učinkovitega nadzora in izvrševanja.