natgillin/translations-raw huggingface dataset:
Where the originator, sponsor or original lender of the securitisation is established in the Union, it complies with the requirements laid down in Part Five of Regulation (EU) No 575/2013 and discloses information, in accordance with Article 8b of Regulation (EU) No 1060/2009, on the credit quality and performance of the underlying exposures, the structure of the transaction, the cash flows and any collateral supporting the exposures as well as any information that is necessary for investors to conduct comprehensive and well-informed stress tests.
Preostalo tehtano povprečno trajanje tranše je pet let ali manj, kar se izračuna z uporabo predpostavke glede določitve cene predčasnega odplačila posla ali stalne stopnje predčasnega odplačila v višini 20 %, odvisno od tega, kaj je nižje, pri čemer kreditna institucija domneva, da se posel izvrši na prvi možni dovoljeni datum izvršitve posla.
Where the originator, sponsor and original lender are established outside the Union, comprehensive loan-level data in compliance with standards generally accepted by market participants are made available to existing and potential investors and regulators at issuance and on a regular basis.
Originator izpostavljenosti, na katerih temelji listinjenje, je institucija, kot je opredeljena v členu 4(3) Uredbe (EU) št. 575/2013, ali podjetje, katerega glavna dejavnost je ena ali več dejavnosti iz točk 2–12 in 15 Priloge I k Direktivi 2013/36/EU.
The underlying exposures shall not have been originated by the credit institution holding the securitisation position in its liquidity buffer, its subsidiary, its parent undertaking, a subsidiary of its parent undertaking or any other undertaking closely linked with that credit institution.
Za tržno vrednost listinjenj stopnje 2B veljajo naslednji najmanjši odbitki:
The issue size of the tranche shall be at least EUR 100 million (or the equivalent amount in domestic currency).
25 % za listinjenja, krita s podkategorijami sredstev iz točk (g)(i), (ii) in (iv) odstavka 2;
The remaining weighted average life of the tranche shall be 5 years or less, which shall be calculated using the lower of either the transaction's pricing prepayment assumption or a 20 % constant prepayment rate, for which the credit institution shall assume that the call is exercised on the first permitted call date.
35 % za listinjenja, krita s podkategorijami sredstev iz točk (g)(iii) in (v) odstavka 2.
The originator of the exposures underlying the securitisation shall be an institution as defined in Article 4(3) of Regulation (EU) No 575/2013 or an undertaking whose principal activity is to pursue one or more of the activities listed in points 2 to 12 and point 15 of Annex I to Directive 2013/36/EU.
Člen 14
The market value of level 2B securitisations shall be subject to the following minimum haircuts:
Odobreni okvirni likvidnostni krediti z omejenim dostopom
25 % for securitisations backed by the subcategories of assets referred to in points (g)(i), (ii) and (iv) of paragraph 2;
Da se štejejo za sredstva stopnje 2B, odobreni okvirni likvidnostni krediti z omejenim dostopom, ki jih lahko zagotovi centralna banka iz odstavka (1)(d) člena 12, izpolnjujejo vsa naslednja merila:
35 % for securitisations backed by the subcategories of assets referred to in points (g)(iii) and (v) of paragraph 2.
v obdobju, ki ni stresno obdobje, za ta kredit velja provizija za prevzete obveznosti na skupni odobreni znesek, ki je najmanj višja izmed naslednjega:
Article 14
vsaj 25 bazičnih točk letno več od razlike med donosom sredstev, ki so se uporabila za kritje tega kredita, in donosom reprezentativnega portfelja likvidnih sredstev po prilagoditvi za kakršne koli pomembne razlike v kreditnem tveganju.
Restricted-use committed liquidity facilities
V stresnem obdobju lahko centralna banka zmanjša provizijo za prevzete obveznosti, opisano v prvem pododstavku te točke, če so bile izpolnjene najmanjše zahteve, ki se uporabljajo za okvirne likvidnostne kredite v okviru alternativnih pristopov k likvidnosti v skladu s členom 19;
In order to qualify as level 2B assets, the restricted-use committed liquidity facilities that may be provided by a central bank as referred to in paragraph (1)(d) of Article 12 shall fulfil all of the following criteria:
kredit je krit z neobremenjenimi sredstvi vrste, ki jo določi centralna banka.
75 basis points per annum;
so v obliki, ki omogoča njihov hiter prenos do centralne banke, če se zahteva odplačilo kredita;
at least 25 basis points per annum above the difference in yield on the assets used to back the facility and the yield on a representative portfolio of liquid assets, after adjusting for any material differences in credit risk;
njihova vrednost po odbitku, kot ga uporabi centralna banka, je zadostna, da pokrijejo celotno vrednost kredita;
During a stress period, the central bank may reduce the commitment fee described in the first subparagraph of this point, provided that the minimum requirements applicable to liquidity facilities under the alternative liquidity approaches in accordance with Article 19 are met;
ne štejejo se za likvidna sredstva za namene likvidnostnega blažilnika kreditne institucije;
the facility is backed by unencumbered assets of a type specified by the central bank.
kredit je skladen s politiko centralne banke glede nasprotnih strank;
The assets provided as collateral shall fulfil all of the following criteria:
obdobje, za katero je odobren kredit, je daljše od stresnega obdobja, ki traja 30 koledarskih dni, iz člena 4;
they are held in a form which facilitates their prompt transfer to the central bank in the event of the facility being called;
centralna banka kredita ne razveljavi pred njegovo pogodbeno zapadlostjo in ne sprejmejo se nobeni nadaljnji sklepi o kreditu, dokler je zadevna kreditna institucija ocenjena za plačilno sposobno;
their value post-haircut as applied by the central bank is sufficient to cover the total amount of the facility;
obstaja formalna politika, ki jo objavi centralna banka, v kateri so navedeni njen sklep o dodelitvi odobrenega okvirnega likvidnostnega kredita z omejenim dostopom, pogoji, ki urejajo kredit, in vrste kreditnih institucij, ki so upravičene, da zaprosijo za navedene kredite.
they are not to be counted as liquid assets for the purposes of the credit institution's liquidity buffer;
Člen 15
the facility is compatible with the counterparty policy framework of the central bank;
KNP
the commitment term of the facility exceeds the 30 calendar day stress period referred to in Article 4;
Delnice ali enote v KNP se štejejo za likvidna sredstva iste stopnje kot likvidna sredstva, na katerih temelji zadevni podjem, do največje vrednosti v višini 500 milijonov EUR (ali enakovrednega zneska v nacionalni valuti) za vsako kreditno institucijo na posamični podlagi, če:
the facility is not revoked by the central bank prior to its contractual maturity and no further credit decision is taken for as long as the credit institution concerned continues to be assessed as solvent;
so bile izpolnjene zahteve iz člena 132(3) Uredbe (EU) št. 575/2013;
there is a formal policy published by the central bank stating its decision to grant restricted-use committed liquidity facilities, the conditions governing the facility and the types of credit institutions that are eligible to apply for those facilities.
KNP vlaga samo v likvidna sredstva ali izvedene finančne instrumente, in sicer v slednje samo do mere, ki je potrebna za zmanjševanje obrestnega, valutnega ali kreditnega tveganja v portfelju.
Article 15
Kreditne institucije za vrednost njihovih delnic ali enot v KNP uporabljajo naslednje najmanjše odbitke glede na kategorijo likvidnih sredstev, namenjenih kritju:
CIUs
0 % za kovance in bankovce ter izpostavljenosti do centralnih bank iz člena 10(1)(b);
Shares or units in CIUs shall qualify as liquid assets of the same level as the liquid assets underlying the relevant undertaking up to an absolute amount of EUR 500 million (or equivalent amount in domestic currency) for each credit institution on an individual basis, provided that:
5 % za sredstva stopnje 1, ki niso izjemno visokokakovostne krite obveznice;
the requirements in Article 132(3) of Regulation (EU) No 575/2013 are complied with;
12 % za izjemno visokokakovostne krite obveznice iz člena 10(1)(f);
the CIU invests only in liquid assets and derivatives, in the latter case only to the extent necessary to mitigate interest rate, currency or credit risk in the portfolio.
20 % za sredstva stopnje 2A;
Credit institutions shall apply the following minimum haircuts to the value of their shares or units in CIUs depending on the category of underlying liquid assets:
30 % za listinjenja stopnje 2B, krita s podkategorijami sredstev iz točk (i), (ii) in (iv) člena 13(2)(g);
0 % for coins and banknotes and exposures to central banks referred to in Article 10(1)(b);
35 % za krite obveznice stopnje 2B iz člena 12(1)e;
5 % for level 1 assets other than extremely high quality covered bonds;
55 % za podjetniške dolžniške vrednostne papirje stopnje 2B iz člena 12(1)(b), delnice iz člena 12(1)(c) in neobrestonosna sredstva iz člena 12(1)(f).
12 % for extremely high quality covered bonds referred to in Article 10(1)(f);
Pristop iz odstavka 2 se uporablja na naslednji način:
20 % for level 2A assets;
če je kreditna institucija seznanjena z izpostavljenostmi, na katerih temelji KNP, lahko opravi vpogled v navedene osnovne izpostavljenosti, da jim dodeli ustrezen odbitek v skladu z odstavkom 2;
30 % for level 2B securitisations backed by the subcategories of assets referred to in points (i), (ii) and (iv) of Article 13(2)(g);
če kreditna institucija ni seznanjena z izpostavljenostmi, na katerih temelji KNP, mora predvidevati, da KNP vlaga do največjega dovoljenega zneska v okviru svoje naložbene politike v naraščajočem vrstnem redu v likvidna sredstva, kot so razvrščena za namene odstavka 2, pri čemer začne pri sredstvih iz točke (g) odstavka 2, dokler ne doseže največjega skupnega naložbenega limita.
40 % for level 2B securitisations backed by the subcategories of assets referred to in points (iii) and (v) of Article 13(2)(g);
Kreditne institucije oblikujejo zanesljive metodologije in postopke za izračun tržne vrednosti in odbitkov za delnice ali enote v KNP ter poročanje o njih.
55 % for level 2B corporate debt securities referred to in Article 12(1)(b), shares referred to in Article 12(1)(c) and non-interest bearing assets referred to in Article 12(1)(f).
Če izpostavljenost ni dovolj pomembna, da bi kreditna institucija oblikovala svoje metodologije in če v vsakem posameznem primeru pristojni organ meni, da je bil ta pogoj izpolnjen, se lahko kreditna institucija za izračun odbitkov za delnice in enote v KNP ter poročanje o njih zanaša samo na naslednje tretje osebe:
The approach referred to in paragraph 2 shall be applied as follows:
za druge KNP družbo za upravljanje KNP, če družba za upravljanje KNP izpolnjuje zahteve iz člena 132(3)(a) Uredbe (EU) št. 575/2013.
where the credit institution is aware of the exposures underlying the CIU, it may look-through to those underlying exposures to assign them the appropriate haircut in accordance with paragraph 2;
Če kreditna institucija ne izpolnjuje zahtev iz odstavka 4 tega člena v zvezi z delnicami in enotami v KNP, jih preneha priznavati za likvidna sredstva za namene te uredbe v skladu s členom 18.
where the credit institution is not aware of the exposures underlying the CIU, it must assume that the CIU invests, up to the maximum amount allowed under its mandate, in ascending order in liquid assets as these are classified for the purposes of paragraph 2, starting with those referred to in point (g) of paragraph 2 and until the maximum total investment limit is reached.
Člen 16
The same approach shall be applied to determine the liquidity level of the underlying assets where the credit institution is not aware of the exposures underlying the CIU.
Vloge ter drugo financiranje v zadružnih mrežah in institucionalnih shemah za zaščito vlog
Credit institutions shall develop robust methodologies and processes to calculate and report the market value and haircuts for shares or units in CIUs.
Če kreditna institucija spada v institucionalno shemo za zaščito vlog vrste, omenjene v členu 113(7) Uredbe (EU) št. 575/2013, mrežo, ki bi bila upravičena do opustitve uporabe iz člena 10 navedene uredbe, ali zadružno mrežo v državi članici, se vpogledne vloge, ki jih ima kreditna institucija pri centralni instituciji, obravnavajo kot likvidna sredstva v skladu z eno od naslednjih določb:
the depository institution of the CIU, provided that the CIU invests exclusively in securities and deposits all such securities at this depository institution;
če kreditni instituciji ni treba imeti ali vlagati vlog v likvidna sredstva določene stopnje ali kategorije, se vloge obravnavajo kot sredstva stopnje 2B v skladu s to uredbo, za njihov neporavnani znesek pa se uporablja najmanjši odbitek v višini 25 %.
for other CIUs, the CIU management company, provided that the CIU management company meets the requirements laid down in Article 132(3)(a) of Regulation (EU) No 575/2013.
Če ima v skladu z zakonodajo države članice ali pravno zavezujočimi dokumenti, ki urejajo eno od mrež ali shem, opisanih v odstavku 1, kreditna institucija dostop do likvidnostnega financiranja centralne institucije ali druge institucije v isti mreži ali shemi v roku 30 koledarskih dni, se tako financiranje obravnava kot sredstvo stopnje 2B, če ni zavarovano z likvidnimi sredstvi določene stopnje ali kategorije.
Where a credit institution fails to comply with the requirements laid down in paragraph 4 of this Article in relation to shares or units in a CIU, it shall cease to recognise them as liquid assets for the purposes of this Regulation in accordance with Article 18.
Za odobreni glavni znesek likvidnostnega financiranja se uporablja najmanjši odbitek v višini 25 %.
Deposits and other funding in cooperative networks and institutional protection schemes
Sestava likvidnostnega blažilnika po stopnjah sredstev
Where a credit institution belongs to an institutional protection scheme of the type referred to in Article 113(7) of Regulation (EU) No 575/2013, to a network that would be eligible for the waiver provided for in Article 10 of that Regulation or to a cooperative network in a Member State, the sight deposits that the credit institution maintains with the central institution shall be treated as liquid assets in accordance with one of the following provisions:
Kreditne institucije vedno izpolnjujejo naslednje zahteve o sestavi njihovega likvidnostnega blažilnika:
where, in accordance with the national law or the legally binding documents governing the scheme or network, the central institution is obliged to hold or invest the deposits in liquid assets of a specified level or category, the deposits shall be treated as liquid assets of that same level or category in accordance with this Regulation;
vsaj 60 % likvidnostnega blažilnika sestavljajo sredstva stopnje 1;
where the central institution is not obliged to hold or invest the deposits in liquid assets of a specified level or category, the deposits shall be treated as level 2B assets in accordance with this Regulation and their outstanding amount shall be subject to a minimum haircut of 25 %.
vsaj 30 % likvidnostnega blažilnika sestavljajo sredstva stopnje 1 brez upoštevanja izjemno visokokakovostnih kritih obveznic iz člena 10(1)(f);
Where under the law of a Member State or the legally binding documents governing one of the networks or schemes described in paragraph 1 the credit institution has access within 30 calendar days to liquidity funding from the central institution or from other institution within the same network or scheme, such funding shall be treated as a level 2B asset to the extent that it is not collateralised by liquid assets of a specified level or category.
največ 15 % likvidnostnega blažilnika sestavljajo sredstva stopnje 2B.
A minimum haircut of 25 % shall be applied to the committed principal amount of the liquidity funding.
Zahteve iz odstavka 1 se uporabljajo po prilagoditvi za učinek, ki ga imajo na likvidna sredstva posli zavarovanega financiranja, zavarovani kreditni posli ali posli zamenjave zavarovanja z uporabo likvidnih sredstev, če ti posli zapadejo v 30 koledarskih dneh, potem ko se odštejejo vsi veljavni odbitki, in če kreditna institucija izpolnjuje operativne zahteve iz člena 8.
Article 17
Kreditne institucije sestavo svojega likvidnostnega blažilnika izračunajo v skladu s formulami iz Priloge I k tej uredbi.
Composition of the liquidity buffer by asset level
Člen 18
Credit institutions shall comply at all times with the following requirements on the composition of their liquidity buffer:
Kršitev zahtev
a minimum of 60 % of the liquidity buffer is to be composed of level 1 assets;
Če likvidno sredstvo preneha izpolnjevati veljavne splošne zahteve iz člena 7, operativne zahteve iz člena 8(2) ali katera koli druga veljavna merila primernosti iz tega poglavja, ga kreditna institucija preneha priznavati za likvidno sredstvo najpozneje 30 koledarskih dni od datuma kršitve zahtev.
a minimum of 30 % of the liquidity buffer is to be composed of level 1 assets excluding extremely high quality covered bonds referred to in Article 10(1)(f);
Odstavek 1 se uporablja za delnice ali enote v KNP, ki prenehajo izpolnjevati zahteve za primernost, samo, če ne presežejo 10 % vseh sredstev KNP.
a maximum of 15 % of the liquidity buffer may be held in level 2B assets.
Člen 19
The requirements set out in paragraph 1 shall be applied after adjusting for the impact on the stock of liquid assets of secured funding, secured lending or collateral swap transactions using liquid assets where these transactions mature within 30 calendar days, after deducting any applicable haircuts and provided that the credit institution complies with the operational requirements laid down in Article 8.
Alternativni pristopi k likvidnosti
Credit institutions shall determine the composition of their liquidity buffer in accordance with the formulae laid down in Annex I to this Regulation.
Če kreditna institucija nima dovolj likvidnih sredstev v določeni valuti, da bi dosegla količnik likvidnostnega kritja iz člena 4, velja ena ali več naslednjih določb:
Article 18
zahteva glede valutne usklajenosti iz člena 8(6) ne velja za navedeno valuto;
Breach of requirements
kreditna institucija lahko krije primanjkljaj kreditnih sredstev v valuti z okvirnimi krediti centralne banke v državi članici ali tretji državi v navedeni valuti, če okvirni krediti izpolnjujejo vse naslednje zahteve:
Where a liquid asset ceases to comply with any applicable general requirements laid down in Article 7, the operational requirements laid down in Article 8(2) or any applicable eligibility criteria laid down in this Chapter, the credit institution shall cease to recognise it as a liquid asset no later than 30 calendar days from the date when the breach of requirements occurred.
so pogodbeno nepreklicno odobreni za naslednjih 30 koledarskih dni;
Paragraph 1 shall apply to shares or units in a CIU ceasing to meet eligibility requirements only where they do not exceed 10 % of the CIU's overall assets.
vključujejo provizijo, ki se plača ne glede na morebitni znesek, ki se črpa iz naslova navedenih okvirnih kreditov;
Article 19
provizija je določena v takem znesku, da neto donos sredstev, ki so se uporabila za zavarovanje teh okvirnih kreditov, ni višji od neto donosa reprezentativnega portfelja likvidnih sredstev po prilagoditvi za kakršne koli pomembne razlike v kreditnem tveganju;
Alternative liquidity approaches
če primanjkuje sredstev stopnje 1, vendar je na voljo dovolj sredstev stopnje 2A, ima lahko kreditna institucija v likvidnostnem blažilniku dodatna sredstva stopnje 2A, zgornje meje za stopnje sredstev iz člena 17 pa se v skladu s tem ustrezno spremenijo.
Where there are insufficient liquid assets in a given currency for credit institutions to meet the liquidity coverage ratio laid down in Article 4, one or more of the following provisions shall apply:
Za ta dodatna sredstva stopnje 2A velja najmanjši odbitek v višini 20 %.
the requirement on currency consistency set out in Article 8(6) shall not apply in relation to that currency;
Za vsa sredstva stopnje 2B, ki jih ima kreditna institucija, veljajo odbitki, ki se v vsakem primeru uporabljajo v skladu s tem poglavjem.
the credit institution may cover the deficit of liquid assets in a currency with credit facilities from the central bank in a Member State or third country of that currency, provided that the facility complies with all the following requirements:
Kreditne institucije uporabijo odstopanja iz poglavja 1 na obratno sorazmerni podlagi glede na razpoložljivost relevantnih likvidnih sredstev.
it is contractually irrevocably committed for the next 30 calendar days;
Kreditne institucije ocenijo svoje likvidnostne potrebe za uporabo tega člena, pri čemer upoštevajo svojo zmožnost, da z dobrim upravljanjem likvidnosti zmanjšajo potrebo po navedenih likvidnih sredstvih in imetjih navedenih sredstev, ki jih imajo drugi udeleženci na trgu.
it is priced with a fee which is payable regardless of the amount, if any, drawn down against that facility;
Valute, za katere se lahko uporabijo odstopanja iz odstavka 1, in obseg, do katerega je eno ali več odstopanj lahko skupaj na voljo za določeno valuto, se določijo z izvedbeno uredbo, ki jo Komisija sprejme v skladu s členom 419(4) Uredbe (EU) št. 575/2013.
the fee is set in an amount such that the net yield on the assets used to secure the facility must not be higher than the net yield on a representative portfolio of liquidity assets, after adjusting for any material differences in credit risk.
Podrobni pogoji, ki veljajo za uporabo odstopanj iz odstavkov 1(a) in (b), se določijo z delegiranim aktom, ki ga Komisija sprejme v skladu s členom 419(5) Uredbe (EU) št. 575/2013.
where there is a deficit of level 1 assets but there are sufficient level 2A assets, the credit institution may hold additional level 2A assets in the liquidity buffer and the caps by asset level set out in Article 17 shall be deemed amended accordingly.
NASLOV III
These additional level 2A assets shall be subject to a minimum haircut equal to 20 %.
LIKVIDNOSTNI ODLIVI IN PRILIVI
Any level 2B assets held by the credit institution shall remain subject to the haircuts applicable in each case in accordance with this Chapter.
Neto likvidnostni odlivi
Credit institutions shall apply the derogations provided for in paragraph 1 on an inversely proportional basis with regard to the availability of the relevant liquid assets.
Člen 20
Credit institutions shall assess their liquidity needs for the application of this Article taking into account their ability to reduce, by sound liquidity management, the need for those liquid assets and the holdings of those assets by other market participants.
Opredelitev neto likvidnostnih odlivov
The currencies which may benefit from the derogations laid down in paragraph 1 and the extent to which one or more derogations may be available in total for a given currency shall be determined by the implementing regulation to be adopted by the Commission in accordance with Article 419(4) of Regulation (EU) No 575/2013.
Neto likvidnostni odlivi so vsota likvidnostnih odlivov iz točke (a), od katerih se odšteje vsota likvidnostnih prilivov iz točke (b), vendar niso manjši od nič, izračunajo pa se na naslednji način:
The detailed conditions applicable to the use of the derogations laid down in paragraph 1(a) and (b) shall be determined by the delegated act to be adopted by the Commission in accordance with Article 419(5) of Regulation (EU) No 575/2013.
vsota likvidnostnih odlivov, kot so opredeljeni v poglavju 2;
TITLE III
vsota likvidnostnih prilivov, kot so opredeljeni v poglavju 3, ki se izračuna na naslednji način:
LIQUIDITY OUTFLOWS AND INFLOWS
prilivi, izvzeti iz uporabe zgornje meje, kot je določeno v členu 33(2) in (3);
Net Liquidity outflows
prilivi iz člena 33(4) ali 90 % odlivov iz točke (a) – odvisno od tega, kaj je nižje – od katerih se odštejejo izvzeti prilivi iz člena 33(2) in (3), pri čemer vrednost ne sme biti manjša od nič;