natgillin/translations-raw huggingface dataset:
The application of the reuse requirements should be deferred to six months after the date of entry into force of this Regulation in order to provide counterparties with sufficient time to adapt their outstanding collateral arrangements, including master agreements, and to ensure that new collateral arrangements comply with this Regulation.
Vendar to ne bi smelo povzročiti neskladja s pravom Unije in zlasti ne bi smelo posegati v pomen izraza „ponovna uporaba“, uporabljenega v direktivah 2009/65/ES in 2011/61/EU.
In order to promote international consistency of terminology, the use of the term ‘reuse’ in this Regulation is in line with the FSB Policy Framework.
Za zagotovitev, da nasprotne stranke spoštujejo obveznosti, ki izhajajo iz te uredbe, in se podobno obravnavajo po vsej Uniji, bi morale države članice zagotoviti, da imajo pristojni organi pooblastilo za nalaganje upravnih sankcij in drugih upravnih ukrepov, ki so učinkoviti, sorazmerni in odvračilni.
This should not, however, lead to inconsistency within the Union acquis and, in particular, should be without prejudice to the meaning of the term ‘reuse’ employed in Directives 2009/65/EC and 2011/61/EU.
Upravne sankcije in drugi upravni ukrepi iz te uredbe bi tako morali izpolnjevati nekatere bistvene zahteve v zvezi z naslovniki, merili, ki jih je treba upoštevati pri uporabi sankcije ali ukrepa, objavo sankcij ali ukrepov, ključnimi pooblastili za naložitev kazni in višino upravnih denarnih kazni.
In order to ensure compliance by counterparties with the obligations deriving from this Regulation and that they are subject to similar treatment across the Union, Member States should ensure that competent authorities have the power to impose administrative sanctions and other administrative measures which are effective, proportionate and dissuasive.
Primerno je, da se sankcije in drugi ukrepi iz direktiv 2009/65/ES in 2011/61/EU uporabljajo za kršitve obveznosti v zvezi s preglednostjo kolektivnih naložbenih podjemov na podlagi te uredbe.
Therefore, administrative sanctions and other administrative measures laid down in this Regulation should satisfy certain essential requirements in relation to addressees, criteria to be taken into account when applying a sanction or measure, publication of sanctions or measures, key powers to impose sanctions and levels of administrative pecuniary sanctions.
Pooblastila pristojnega organa za nalaganje sankcij ne bi smela posegati v izključno pristojnost ECB na podlagi člena 4(1)(a) Uredbe (EU) št. 1024/2013 za odvzem dovoljenja kreditnim institucijam iz razlogov, povezanih z bonitetnim nadzorom.
It is appropriate that sanctions and other measures established under Directives 2009/65/EC and 2011/61/EU apply to infringements of the transparency obligations relating to the collective investment undertakings under this Regulation.
Določbe iz te uredbe glede vloge za registracijo repozitorijev sklenjenih poslov in razveljavitve registracije ne vplivajo na pravna sredstva iz poglavja V Uredbe (EU) št. 1095/2010.
The powers to impose sanctions conferred on competent authorities should be without prejudice to the exclusive competence of the ECB, pursuant to Article 4(1)(a) of Regulation (EU) No 1024/2013, to withdraw authorisations of credit institutions for prudential supervisory purposes.
S tehničnimi standardi v sektorju finančnih storitev bi bilo treba zagotoviti dosledno usklajenost in ustrezno zaščito deponentov, vlagateljev in potrošnikov po vsej Uniji.
Provisions in this Regulation regarding the application for registration of trade repositories and the withdrawal of registration do not affect the remedies provided for in Chapter V of Regulation (EU) No 1095/2010.
Ker je ESMA organ z visoko specializiranim strokovnim znanjem, je smiselno in ustrezno, da se mu zaupa priprava osnutkov regulativnih tehničnih in izvedbenih standardov, ki ne vključujejo odločitev glede politik.
Technical standards in the financial services sector should ensure consistent harmonisation and adequate protection of depositors, investors and consumers across the Union.
ESMA bi moral pri pripravi tehničnih standardov zagotoviti učinkovite upravne postopke in postopke poročanja.
As a body with highly specialised expertise, it is efficient and appropriate to entrust ESMA with the development of draft regulatory technical and implementing standards which do not involve policy choices.
Na Komisijo bi bilo treba prenesti pooblastila, da z delegiranimi akti na podlagi člena 290 PDEU in v skladu s členi 10 do 14 Uredbe (EU) št. 1095/2010 sprejme regulativne tehnične standarde na naslednjih področjih: podrobnosti poročanja za različne vrste poslov financiranja z vrednostnimi papirji, podrobnosti v zvezi z vlogo za registracijo ali razširitev obsega registracije repozitorija sklenjenih poslov, podrobnosti postopkov, ki jih uporabljajo repozitoriji sklenjenih poslov za preverjanje podrobnih informacij o poslih financiranja z vrednostnimi papirji, ki se jim poročajo, pogostost in podrobnosti glede objave podatkov repozitorijev sklenjenih poslov, zahtev v zvezi s temi podatki in dostopa do njih ter po potrebi še podrobneje opredeli vsebino Priloge.
ESMA should ensure efficient administrative and reporting processes when drafting technical standards.
Na Komisijo bi bilo treba prenesti pooblastilo, da z izvedbenimi akti na podlagi člena 291 PDEU in v skladu s členom 15 Uredbe (EU) št. 1095/2010 sprejme izvedbene tehnične standarde, ki jih pripravi ESMA in ki zadevajo obliko in pogostost poročanja, obliko vloge za registracijo ali razširitev obsega registracije repozitorija sklenjenih poslov ter postopke in načine izmenjave informacij o sankcijah in drugih ukrepih z ESMA.
The Commission should be empowered to adopt regulatory technical standards by means of delegated acts pursuant to Article 290 TFEU and in accordance with Articles 10 to 14 of Regulation (EU) No 1095/2010 in the following areas: the details to be reported for different types of SFTs; the details of the application for registration or extension of the registration of a trade repository; the details of the procedures to be applied by trade repositories in order to verify the details of SFTs reported to them; the frequency and the details of publication of, the requirements for, and the access to, trade repositories’ data; and, if necessary, the further specification of the content of the Annex.
Na Komisijo bi bilo treba prenesti pooblastila, da v skladu s členom 290 PDEU sprejme akte v zvezi s spremembo seznama subjektov, ki bi jih bilo treba izključiti iz področja uporabe te uredbe, in v zvezi z vrsto pristojbin, zadevami, za katere je treba plačati pristojbine, zneskom pristojbin in načinom njihovega plačila s strani repozitorijev sklenjenih poslov.
The Commission should be empowered to adopt implementing technical standards developed by ESMA by means of implementing acts pursuant to Article 291 TFEU and in accordance with Article 15 of Regulation (EU) No 1095/2010 with regard to the format and frequency of the reports, the format of the application for registration or extension of the registration of a trade repository, as well as the procedures and forms for exchange of information on sanctions and other measures with ESMA.
Zlasti je pomembno, da se Komisija pri svojem pripravljalnem delu ustrezno posvetuje, vključno na ravni strokovnjakov.
The power to adopt acts in accordance with Article 290 TFEU should be delegated to the Commission in respect of amending the list of entities that are excluded from the scope of this Regulation and of the type of fees, the matters for which fees are due, the amount of the fees and the manner in which they are to be paid by trade repositories.
Komisija bi morala pri pripravi in oblikovanju delegiranih aktov zagotoviti, da se zadevni dokumenti posredujejo Evropskemu parlamentu in Svetu sočasno, pravočasno in na ustrezen način.
It is of particular importance that the Commission carry out appropriate consultations during its preparatory work, including at expert level.
Za zagotovitev enotnih pogojev izvajanja te uredbe in preprečitev morebitnega podvajanja zahtev ali njihovega medsebojnega nasprotovanja, bi bilo treba za namene priznavanja repozitorijev sklenjenih poslov v tretjih državah na Komisijo prenesti izvedbena pooblastila za sprejemanje odločitev o oceni pravil tretjih držav.
The Commission, when preparing and drawing up delegated acts, should ensure a simultaneous, timely and appropriate transmission of relevant documents to the European Parliament and to the Council.
Ocena, ki je podlaga za odločitve o enakovrednosti zahtev poročanja tretjih držav, ne bi smela posegati v pravico repozitorija sklenjenih poslov, ki ima sedež v tej tretji državi in ki ga je ESMA priznal, da opravlja storitve poročanja za subjekte s sedežem v Uniji, saj bi morala biti odločitev o priznanju neodvisna od takšne ocene za namene odločitve o enakovrednosti.
In order to ensure uniform conditions for the implementation of this Regulation, implementing powers should be conferred on the Commission to take decisions on the assessment of the rules of third countries for the purposes of recognising third-country trade repositories, and in order to avoid potentially duplicate or conflicting requirements.
Kadar se izvedbeni akt o enakovrednosti razveljavi, bi morale za nasprotne stranke samodejno spet začeti veljati vse zahteve iz te uredbe.
The assessment which forms the basis of decisions on equivalence of reporting requirements in a third country should not prejudice the right of a trade repository established in that third country and recognised by ESMA to provide reporting services to entities established in the Union, as a recognition decision should be independent of such an assessment for the purposes of an equivalence decision.
Kadar je to ustrezno, bi morala Komisija sodelovati z organi tretjih držav, da bi preučili rešitve, ki bi se medsebojno dopolnjevale, in tako zagotovili skladnost med to uredbo in zahtevami teh tretjih držav, s tem pa preprečili vsakršno morebitno podvajanje v zvezi s tem.
Where an implementing act on equivalence is withdrawn, counterparties should automatically be subject again to all of the requirements laid down in this Regulation.
Ker ciljev te uredbe, to je povečanja preglednosti določenih dejavnosti na finančnih trgih, kot so posli financiranja z vrednostnimi papirji in ponovna uporaba zavarovanja s premoženjem, da se omogoči spremljanje in prepoznavanje povezanih tveganj, države članice ne morejo zadovoljivo doseči, temveč se zaradi obsega in učinkov lažje dosežejo na ravni Unije, lahko Unija sprejme ukrepe v skladu z načelom subsidiarnosti iz člena 5 Pogodbe o Evropski uniji.
Where appropriate, the Commission should cooperate with third-country authorities in order to explore mutually supportive solutions to ensure consistency between this Regulation and the requirements established by those third countries and thus avoid any possible duplication in this respect.
V skladu z načelom sorazmernosti iz navedenega člena ta uredba ne presega tistega, kar je potrebno za doseganje navedenih ciljev.
Since the objectives of this Regulation, namely enhancing the transparency of certain activities in financial markets such as the use of SFTs and reuse of collateral in order to enable the monitoring and identification of the corresponding risks, cannot be sufficiently achieved by the Member States but can rather, by reason of the scale and effects of this Regulation, be better achieved at Union level, the Union may adopt measures, in accordance with the principle of subsidiarity as set out in Article 5 of the Treaty on European Union.
Ta uredba spoštuje temeljne pravice in upošteva načela, priznana v Listini Evropske unije o temeljnih pravicah, zlasti pravico do varstva osebnih podatkov, pravico do spoštovanja zasebnega in družinskega življenja, pravico do obrambe in načelo ne bis in idem, svobodo gospodarske pobude, pravico do premoženja ter pravico do učinkovitega pravnega sredstva in nepristranskega sodišča.
In accordance with the principle of proportionality as set out in that Article, this Regulation does not go beyond what is necessary in order to achieve those objectives.
To uredbo je treba uporabljati skladno s temi pravicami in načeli.
This Regulation respects the fundamental rights and observes the principles recognised in the Charter of Fundamental Rights of the European Union, in particular the right to the protection of personal data, the right to respect for private and family life, the rights of the defence and the principle of ne bis in idem, the freedom to conduct a business, the right to property, the right to an effective remedy and to a fair trial.
V skladu s členom 28(2) Uredbe (ES) št. 45/2001 Evropskega parlamenta in Sveta [14] je bilo opravljeno posvetovanje z Evropskim nadzornikom za varstvo podatkov, ki je mnenje predložil 11. julija 2014 [15].
This Regulation must be applied according to those rights and principles.
Vsaka izmenjava ali sporočanje osebnih podatkov s strani pristojnih organov držav članic ali repozitorijev sklenjenih poslov bi moralo potekati v skladu s pravili o prenosu osebnih podatkov, določenimi v Direktivi 95/46/ES Evropskega parlamenta in Sveta [16].
The European Data Protection Supervisor was consulted in accordance with Article 28(2) of Regulation (EC) No 45/2001 of the European Parliament and of the Council [14] and delivered an opinion on 11 July 2014 [15].
Vsaka izmenjava ali sporočanje osebnih podatkov, ki ga izvajajo ESMA, EBA ali EIOPA, bi moralo potekati v skladu s pravili o prenosu osebnih podatkov, določenimi v Uredbi (ES) št. 45/2001.
Any exchange or transmission of personal data by competent authorities of the Member States or by trade repositories should be undertaken in accordance with the rules on the transfer of personal data as laid down in Directive 95/46/EC of the European Parliament and of the Council [16].
Komisija bi morala ob pomoči ESMA spremljati, kako se na mednarodni ravni izvaja obveznost poročanja iz te uredbe, in o tem poročati Evropskemu parlamentu in Svetu.
Any exchange or transmission of personal data by ESMA, EBA or EIOPA should be carried out in accordance with the rules on the transfer of personal data as laid down in Regulation (EC) No 45/2001.
Čas za predložitev poročil Komisije bi moral omogočiti predhodno učinkovito uporabo te uredbe.
With the assistance of ESMA, the Commission should monitor and prepare reports to the European Parliament and to the Council on the international application of the reporting obligation laid down in this Regulation.
Na podlagi dela ustreznih mednarodnih forumov in ob pomoči ESMA, EBA in ESRB bi morala Komisija Evropskemu parlamentu in Svetu predložiti poročilo o napredku pri mednarodnih prizadevanjih za zmanjšanje tveganj, povezanih s posli financiranja z vrednostnimi papirji, vključno s priporočili FSB o odbitkih za posle financiranja z vrednostnimi papirji brez centralnega kliringa in primernosti teh priporočil za trge Unije.
The time provided for submission of the Commission reports should allow for the prior effective application of this Regulation.
Izvajanje zahtev glede preglednosti iz te uredbe bi bilo treba odložiti, da se repozitorijem sklenjenih poslov zagotovi dovolj časa, da zaprosijo za dovoljenje in priznanje njihovih dejavnosti na podlagi te uredbe, nasprotnim strankam in kolektivnim naložbenim podjemom pa dovolj časa, da izpolnijo te zahteve.
Following the outcome of the work carried out by relevant international fora, and with the assistance of ESMA, EBA and the ESRB, the Commission should submit a report to the European Parliament and to the Council on progress in international efforts to mitigate the risks associated with SFTs, including the FSB recommendations for haircuts on non-centrally cleared SFTs, and on the appropriateness of those recommendations for Union markets.
Zlasti je primerno, da se odloži uporaba dodatnih zahtev glede preglednosti za kolektivne naložbene podjeme, pri čemer se upoštevajo smernice za pristojne organe ter družbe za upravljanje KNPVP, ki jih je izdal ESMA 18. decembra 2012 in v katerih je določeno, da se za družbe za upravljanje KNPVP uporablja izbirni okvir glede obveznosti razkritja in da je treba zmanjšati upravno breme za upravitelje kolektivnih naložbenih podjemov.
The application of the transparency requirements laid down in this Regulation should be deferred in order to provide trade repositories with sufficient time to apply for the authorisation and recognition of their activities provided for in this Regulation, and counterparties and collective investment undertakings with sufficient time to comply with those requirements.
Da bi zagotovili učinkovito izvajanje poročanja o poslih financiranja z vrednostnimi papirji, je potrebna postopna uporaba zahtev glede na vrsto nasprotne stranke.
In particular, it is appropriate to defer the application of additional transparency requirements for collective investment undertakings, taking into account the Guidelines for competent authorities and UCITS management companies issued by ESMA on 18 December 2012 which lay down an optional framework for UCITS management companies regarding disclosure obligations and the need to reduce the administrative burden of managers of collective investment undertakings.
Takšen pristop bi moral upoštevati dejansko sposobnost nasprotne stranke, da izpolnjuje obveznosti poročanja iz te uredbe.
In order to ensure the effective implementation of the reporting of SFTs, a phase-in of the application of the requirements by type of counterparty is necessary.
Nova enotna pravila o preglednosti poslov financiranja z vrednostnimi papirji in nekaterih izvedenih finančnih instrumentov, s katerimi se trguje na prostem trgu (OTC), tj. zamenjav celotnega donosa, določena v tej uredbi, so tesno povezana s pravili iz Uredbe (EU) št. 648/2012, saj so ti izvedeni finančni instrumenti OTC zajeti v področje uporabe zahtev glede poročanja iz navedene uredbe.
Such an approach should take into account the effective ability of the counterparty to comply with the reporting obligations laid down in this Regulation.
Da se zagotovi usklajenost področja uporabe obeh sklopov zahtev glede preglednosti in poročanja, je potrebna jasna razmejitev med izvedenimi finančnimi instrumenti OTC in izvedenimi finančnimi instrumenti, s katerimi se trguje na organiziranih trgih, ne glede na to, ali se s temi pogodbami trguje na trgih Unije ali tretje države.
The new uniform rules on the transparency of SFTs and certain over-the-counter (OTC) derivatives, namely total return swaps, laid down in this Regulation are closely linked to the rules laid down in Regulation (EU) No 648/2012, as those OTC derivatives fall within the scope of the reporting requirements laid down in that Regulation.
Opredelitev izvedenih finančnih instrumentov OTC v Uredbi (EU) št. 648/2012 bi bilo zato treba spremeniti, da se zagotovi, da so enake vrste pogodb o izvedenih finančnih instrumentih opredeljene bodisi kot izvedeni finančni instrumenti OTC ali kot izvedeni finančni instrumenti, s katerimi se trguje na organiziranih trgih, ne glede na to, ali se s temi pogodbami trguje na trgih Unije ali tretjih držav.
In order to ensure a coherent scope of both sets of transparency and reporting requirements, a clear delineation between OTC derivatives and exchange-traded derivatives is needed irrespective of whether those contracts are traded in the Union or in third-country markets.
Uredbo (EU) št. 648/2012 bi bilo zato treba ustrezno spremeniti –
The definition of OTC derivatives in Regulation (EU) No 648/2012 should therefore be amended in order to ensure that the same type of derivatives contracts are identified as either OTC derivatives or exchange-traded derivatives irrespective of whether those contracts are traded in the Union or in third-country markets.
SPREJELA NASLEDNJO UREDBO:
Regulation (EU) No 648/2012 should therefore be amended accordingly,
POGLAVJE I
HAVE ADOPTED THIS REGULATION:
PREDMET UREJANJA, PODROČJE UPORABE IN OPREDELITEV POJMOV
SUBJECT MATTER, SCOPE AND DEFINITIONS
Predmet urejanja
Article 1
Ta uredba določa pravila, ki se nanašajo na preglednost poslov financiranja z vrednostnimi papirji in ponovne uporabe.
This Regulation lays down rules on the transparency of securities financing transactions (SFTs) and of reuse.
Področje uporabe
Article 2
Ta uredba se uporablja za:
Scope
nasprotno stranko v poslu financiranja z vrednostnimi papirji, ki ima sedež:
This Regulation applies to:
v Uniji, vključno z vsemi njenimi podružnicami, ne glede na to, kje se nahajajo;
a counterparty to an SFT that is established:
v tretji državi, če se posel financiranja z vrednostnimi papirji sklene v sklopu poslovanja podružnice te nasprotne stranke v Uniji;
in the Union, including all its branches irrespective of where they are located;
družbe za upravljanje kolektivnih naložbenih podjemov za vlaganja v prenosljive vrednostne papirje (KNPVP) in investicijske družbe KNPVP v skladu z Direktivo 2009/65/ES;
in a third country, if the SFT is concluded in the course of the operations of a branch in the Union of that counterparty;
upravitelje alternativnih investicijskih skladov (UAIS), ki so pridobili dovoljenje v skladu z Direktivo 2011/61/EU;
management companies of undertakings for collective investment in transferable securities (UCITS) and UCITS investment companies in accordance with Directive 2009/65/EC;
nasprotno stranko, ki sodeluje pri ponovni uporabi in ima sedež:
managers of alternative investment funds (AIFMs) authorised in accordance with Directive 2011/61/EU;
v tretji državi, kadar:
a counterparty engaging in reuse that is established:
se ponovna uporaba izvede v sklopu poslovanja podružnice te nasprotne stranke v Uniji ali
in a third country, where either:
ponovna uporaba zadeva finančne instrumente, ki jih je na podlagi dogovora o zavarovanju s premoženjem zagotovila nasprotna stranka s sedežem v Uniji ali podružnica v Uniji nasprotne stranke s sedežem v tretji državi.
the reuse is effected in the course of the operations of a branch in the Union of that counterparty, or
Člena 4 in 15 se ne uporabljata za:
the reuse concerns financial instruments provided under a collateral arrangement by a counterparty established in the Union or a branch in the Union of a counterparty established in a third country.
članice Evropskega sistema centralnih bank (ESCB) in druge organe držav članic, ki opravljajo podobne funkcije, in druge javne organe Unije, katerih naloga je upravljanje javnega dolga ali posredovanje pri upravljanju javnega dolga;
Articles 4 and 15 do not apply to:
Banko za mednarodne poravnave.
members of the European System of Central Banks (ESCB), other Member States’ bodies performing similar functions, and other Union public bodies charged with, or intervening in, the management of the public debt;
Člen 4 se ne uporablja za posle, pri katerih je nasprotna stranka članica ESCB.
the Bank for International Settlements.
Na Komisijo se prenese pooblastilo za sprejemanje delegiranih aktov v skladu s členom 30 za spremembo seznama iz odstavka 2 tega člena.
Article 4 does not apply to transactions to which a member of the ESCB is a counterparty.
V ta namen in še pred sprejetjem takšnih delegiranih aktov Komisija Evropskemu parlamentu in Svetu predloži poročilo z oceno mednarodne obravnave centralnih bank in javnih organov, katerih naloga je upravljanje javnega dolga ali posredovanje pri tem upravljanju.
The Commission shall be empowered to adopt delegated acts in accordance with Article 30 to amend the list set out in paragraph 2 of this Article.
Navedeno poročilo vsebuje primerjalno analizo obravnave centralnih bank in teh organov v pravnem okviru večjega števila tretjih držav.
To that end and before adopting such delegated acts, the Commission shall present to the European Parliament and to the Council a report assessing the international treatment of central banks and of public bodies charged with or intervening in the management of the public debt.
Če se v poročilu – zlasti pri primerjalni analizi in morebitnih učinkih – ugotovi, da je za te centralne banke in organe tretjih držav potrebno izvzetje od monetarnih obveznosti iz člena 15, Komisija sprejme delegirani akt, s katerim jih doda na seznam iz odstavka 2 tega člena.