natgillin/translations-raw huggingface dataset:
When assessing the overall quality of institutions' internal approaches and the degree of variability observed in particular approaches, competent authorities should not focus solely on the outcomes but should aim at determining the key variability drivers and at extracting conclusions in the different modelling approaches.
Pri oceni splošne kakovosti notranjih pristopov institucij in stopnje raznolikosti med različnimi pristopi se pristojni organi ne bi smeli osredotočati samo na rezultate, ampak bi si morali prizadevati določiti ključne vzroke za raznolikost in sprejeti zaključke glede različnih pristopov modeliranja.
Competent authorities should therefore be required to take into account the results of the alternative value-at-risk (VaR) and stressed value-at-risk (sVaR) calculations based on the profit-and-loss time-series.
Od pristojnih organov bi se moralo zato zahtevati, da upoštevajo rezultate alternativnih izračunov tvegane vrednosti (VaR) in stresne tvegane vrednosti (sVaR) na podlagi časovne vrste podatkov o poslovnem izidu.
Given that the role of the competent authorities in investigating and confirming the quality of internal approaches is fundamental, in addition to the information reported by institutions in accordance with Implementing Regulation (EU) 2016/2070, competent authorities should use the powers they have under Regulation (EU) No 575/2013 for approving and reviewing internal approaches, in a proactive manner, by seeking any further information that will be useful for their on-going assessment of the quality of internal approaches.
Glede na to, da je vloga pristojnih organov pri preverjanju in potrjevanju kakovosti notranjih pristopov bistvena, bi morali poleg informacij, ki jih poročajo institucije v skladu z Izvedbeno uredbo (EU) 2016/2070, pristojni organi proaktivno uporabljati pooblastila, ki jih imajo v skladu z Uredbo (EU) št. 575/2013, za potrjevanje in preverjanje notranjih pristopov, in sicer s pridobivanjem vseh dodatnih informacij, ki bodo uporabne za njihovo tekoče ocenjevanje kakovosti notranjih pristopov.
For the assessment of market risk, back-testing, based both on hypothetical and actual changes in a portfolio's value, is already required to be conducted on a daily basis for the end-of-day positions of the whole portfolio, as set out in Article 366(3) of Regulation (EU) No 575/2013.
Za namene ocene tržnega tveganja se testiranje za nazaj na podlagi hipotetičnih in dejanskih sprememb vrednosti portfelja že mora dnevno izvajati za pozicije celotnega portfelja ob koncu dne, kot je določeno v členu 366(3) Uredbe (EU) št. 575/2013.
The number of over-shootings has to be communicated to competent authorities and is regularly used to assess model performance and to determine add-on factors to the regulatory VaR and sVaR multipliers.
Število preseganj je treba sporočiti pristojnim organom in se redno uporablja za oceno delovanja modela in za določitev faktorjev pribitkov za regulativne multiplikatorje VaR in sVaR.
Accordingly, no additional back-testing should be applied or assessed for the portfolios relating to market risk internal approaches.
Zato se za portfelje, ki se nanašajo na notranje pristope za tržno tveganje, ne bi smelo izvajati ali ocenjevati nobeno dodatno testiranje za nazaj.
The fact that the outcome of the benchmarking exercise for an individual portfolio is an extreme value or is identified in the EBA report as to be reviewed by competent authorities should not necessarily imply that the model used by the institution is incorrect or wrong.
Dejstvo, da je rezultat primerjanja za posamezen portfelj ekstremna vrednost ali je v poročilu EBA navedeno, da ga morajo preveriti pristojni organi, še ne pomeni nujno, da je model, ki ga uporablja institucija, nepravilen ali napačen.
In this regard the assessments conducted by competent authorities should be used as a tool to get a more in-depth knowledge of institutions' models and modelling assumptions.
V tem pogledu bi se morale ocene, ki jih izvajajo pristojni organi, uporabljati kot orodje za bolj poglobljeno razumevanje modelov in predpostavk za modeliranje, ki jih uporabljajo institucije.
In addition, the analysis of the potential differences between the own funds requirements for credit risk as reported by the institutions under Implementing Regulation (EU) 2016/2070, and the own funds requirements for credit risk that result from the use of historically observed risk parameters (‘outturns’) should be used by competent authorities as a proxy indicator of significant and systematic underestimation of own funds requirements, but should never substitute proper validation of the internal approach.
Poleg tega bi morali pristojni organi analizo morebitnih razlik med kapitalskimi zahtevami za kreditno tveganje, kot jih institucije poročajo v skladu z Izvedbeno uredbo (EU) 2016/2070, in kapitalskimi zahtevami za kreditno tveganje, ki izhajajo iz uporabe preteklih dejanskih parametrov tveganja (v nadaljnjem besedilu: izidi), uporabljati kot približni kazalnik znatne in sistematične podcenjenosti kapitalskih zahtev, vendar ta analiza nikoli ne bi smela nadomestiti dejanske validacije notranjega pristopa.
In using the benchmarking results, competent authorities should consider possible data limitations and reflect this in their assessment as deemed appropriate.
Pri uporabi rezultatov primerjanja bi morali biti pristojni organi pozorni na možne omejitve podatkov in to ustrezno upoštevati v svoji oceni.
Additional metrics based on outturns should be calculated by EBA based on the information collected and will further contribute to the analysis.
EBA bi morala na podlagi izidov z uporabo zbranih informacij izračunati dodatne metrike, ki bodo dodatno prispevale k analizi.
Similarly, given that own funds requirements produced by market risk models are portfolio-dependent and any conclusions obtained at disaggregated levels cannot be uncritically extrapolated to real portfolios held by institutions, any preliminary conclusions based solely on the total levels of capital derived from the aggregated portfolios should be considered with due caution.
Podobno bi bilo treba zaradi dejstva, da so kapitalske zahteve, pridobljene na podlagi modelov za tržno tveganje, odvisne od posameznih portfeljev in se morebitni zaključki, pridobljeni na razčlenjeni ravni, ne morejo nekritično ekstrapolirati na dejanske portfelje, ki jih posedujejo institucije, bi se morali vsi predhodni zaključki, ki temeljijo izključno na skupnih ravneh kapitala, določenih na podlagi združenih portfeljev, obravnavati s primerno previdnostjo.
When assessing the results obtained, competent authorities should consider that even the aggregated portfolios comprising the largest number of instruments will still be very different from a real portfolio in terms of size and structure.
Pri ocenjevanju dobljenih rezultatov bi morali pristojni organi upoštevati, da bodo tudi združeni portfelji, ki jih sestavlja največje število instrumentov, še vedno precej drugačni od dejanskega portfelja v smislu obsega in strukture.
In addition, since most institutions will not be able to model all non-aggregated portfolios, the results might not be comparable in all cases.
Poleg tega, ker večina institucij ne bo sposobna modelirati vseh nezdruženih portfeljev, rezultati morda ne bodo primerljivi v vseh primerih.
Furthermore, it should be borne in mind that the data will not be reflecting all actions on own funds, such as constraints on diversification benefits or own funds add-ons introduced to address known modelling flaws or missing risk factors.
Prav tako se ne bi smelo pozabiti, da podatki ne bodo odražali vseh ukrepov v zvezi s kapitalom, kot so omejitve glede koristi zaradi razpršitve ali pribitkov h kapitalu, uvedenih zaradi odpravljanja ugotovljenih napak pri modeliranju ali manjkajočih dejavnikov tveganja.
The European Banking Authority has conducted open public consultations on the draft regulatory technical standards on which this Regulation is based, analysed the potential related costs and benefits and requested the opinion of the Banking Stakeholder Group established in accordance with Article 37 of Regulation (EU) No 1093/2010 of the European Parliament and of the Council [4],
Evropski bančni organ je opravil javna posvetovanja o osnutkih regulativnih tehničnih standardov, na katerih temelji ta uredba, analiziral morebitne povezane stroške in koristi ter zaprosil za mnenje interesno skupino za bančništvo, ustanovljeno v skladu s členom 37 Uredbe (EU) št. 1093/2010 Evropskega parlamenta in Sveta [4] –
Procedures for sharing assessments
Postopki za izmenjavo ocen
Competent authorities carrying out annual assessments of the quality of the internal approaches of institutions in accordance with Article 78(3) of Directive 2013/36/EU shall share those assessments with all other relevant competent authorities and the European Banking Authority (EBA) within three months after the circulation of the report produced by EBA referred to in the second subparagraph of Article 78(3) of that Directive.
Pristojni organi, ki izvajajo letne ocene kakovosti notranjih pristopov institucij v skladu s členom 78(3) Direktive 2013/36/EU, te ocene izmenjajo z vsemi drugimi zadevnimi pristojnimi organi in Evropskim bančnim organom (v nadaljnjem besedilu: EBA) v treh mesecih po objavi poročila, ki ga pripravi EBA, iz drugega pododstavka člena 78(3) navedene direktive.
Upon receipt of the assessments referred to in paragraph 1, EBA shall share them with the relevant competent authorities responsible for the supervision of institutions belonging to a group subject to consolidated supervision where the competent authorities that prepared those assessments have not already done so.
EBA po prejemu ocen iz odstavka 1 te izmenja z zadevnimi pristojnimi organi, odgovornimi za nadzor institucij, ki spadajo v skupino, za katero se izvaja konsolidiran nadzor, če pristojni organi, ki so pripravili navedene ocene, niso tega že storili.
Procedures for sharing information with other competent authorities and EBA
Postopki za izmenjavo informacij z drugimi pristojnimi organi in EBA
When sharing assessments made in accordance with Article 78(3) of Directive 2013/36/EU, competent authorities shall provide the following information:
Pri izmenjavi ocen, pripravljenih v skladu s členom 78(3) Direktive 2013/36/EU, pristojni organi zagotovijo naslednje informacije:
the conclusions and rationale of their assessment, based on the application of the assessment standards referred to in Articles 3 to 11;
zaključke in utemeljitev svoje ocene na podlagi uporabljenih standardov ocenjevanja iz členov od 3 do 11;
their views on the level of potential underestimation of own fund requirements stemming from the internal approaches used by institutions.
svoje mnenje glede ravni morebitne podcenjenosti kapitalskih zahtev, določenih na podlagi notranjih pristopov, ki jih uporabljajo institucije.
When carrying out the assessment referred to in the first subparagraph of Article 78(3) or Directive 2013/36/EU, competent authorities shall identify the internal approaches that need specific assessment in a manner which is proportionate to the nature, scale and complexity of the risks inherent in the business model as well as the relevance of the portfolios included in Implementing Regulation (EU) 2016/2070 for the institution in relation to the risk profile of the institution.
Pristojni organi pri izvajanju ocene iz prvega pododstavka člena 78(3) Direktive 2013/36/EU opredelijo notranje pristope, za katere je potrebna posebna ocena, na način, ki je sorazmeren z naravo, obsegom in kompleksnostjo tveganj, povezanih s poslovnim modelom, ter relevantnostjo portfeljev, vključenih v Izvedbeno uredbo (EU) 2016/2070, za institucijo v zvezi s profilom tveganja institucije.
They shall also take into account the analysis provided in the EBA report referred to in the second subparagraph of Article 78(3) of Directive 2013/36/EU as follows:
Upoštevajo tudi analizo, zagotovljeno v poročilu EBA iz drugega pododstavka člena 78(3) Direktive 2013/36/EU, kot sledi:
they shall treat values resulting from modelling which are considered as extreme in the EBA report as an indication of significant differences in own funds requirements in accordance with the first subparagraph of Article 78(3) of Directive 2013/36/EU;
vrednosti, ki izhajajo iz modeliranja in se v poročilu EBA štejejo za ekstremne, obravnavajo kot kazalnik, da obstajajo velike razlike v kapitalskih zahtevah v skladu s prvim pododstavkom člena 78(3) Direktive 2013/36/EU;
they shall treat values resulting from modelling and the standard deviation of those values for exposures in the same benchmark portfolio or similar benchmarking portfolios identified in the EBA report as a preliminary indication of significant differences and low or high diversity, as applicable, in own funds requirements in accordance with the first subparagraph of Article 78(3) of Directive 2013/36/EU;
vrednosti, ki izhajajo iz modeliranja, in standardni odklon teh vrednosti za izpostavljenosti v istem referenčnem portfelju ali podobnih referenčnih portfeljih, opredeljenih v poročilu EBA, obravnavajo kot predhodni kazalnik velikih razlik ter večje raznolikosti ali neraznolikosti, kot je ustrezno, v kapitalskih zahtevah v skladu s prvim pododstavkom člena 78(3) Direktive 2013/36/EU;
they shall treat potential differences computed in accordance with Article 4 of this Regulation as a preliminary indication of significant and systematic underestimation of own funds requirements in accordance with the first subparagraph of Article 78(3) of Directive 2013/36/EU;
morebitne razlike, izračunane v skladu s členom 4 te uredbe, obravnavajo kot predhodni kazalnik znatne in sistematične podcenjenosti kapitalskih zahtev v skladu s prvim pododstavkom člena 78(3) Direktive 2013/36/EU;
they shall treat potential differences between estimated risk parameters reported by the institutions under Implementing Regulation (EU) 2016/2070 and the historically observed risk parameters (‘outturns’) reported by the institutions in accordance with that Implementing Regulation as a preliminary indication of significant differences in own funds requirements in accordance with the first subparagraph of Article 78(3) of Directive 2013/36/EU;
morebitne razlike med ocenjenimi parametri tveganja, ki jih institucije poročajo v skladu z Izvedbeno uredbo (EU) 2016/2070, in preteklimi dejanskimi parametri tveganja (v nadaljnjem besedilu: izidi), ki jih institucije poročajo v skladu z navedeno izvedbeno uredbo, obravnavajo kot predhodni kazalnik velikih razlik v kapitalskih zahtevah v skladu s prvim pododstavkom člena 78(3) Direktive 2013/36/EU;
When carrying out the assessment referred to in paragraph 1 of this Article, competent authorities shall apply the assessment standards referred to in Articles 6 to 11.
Izračun morebitnih razlik za kreditno tveganje z uporabo standardiziranega pristopa
Article 4
Pristojni organi izračunajo morebitne razlike iz točke (c) člena 3(1) tako, da od kapitalskih zahtev za kreditno tveganje, ki izhajajo iz uporabe standardiziranega pristopa, odštejejo kapitalske zahteve za kreditno tveganje, ki jih sporočijo institucije v skladu z Izvedbeno uredbo (EU) 2016/2070.
Computation of potential differences for credit risk using the Standardised Approach
Poleg tega izračunajo primerjalne statistike v zvezi z navedenimi razlikami, kot sledi:
Competent authorities shall compute the potential differences referred to in point (c) of Article 3(1) by subtracting the own funds requirements for credit risk as reported by the institutions under Implementing Regulation (EU) 2016/2070 from the own funds requirements for credit risk that result from the application of the standardised approach.
za portfelje z majhnim številom neplačnikov na ravni portfelja, pri čemer se izključijo izpostavljenosti do enot centralne ravni države in centralnih bank držav članic, denominirane in financirane v domači valuti, kot je navedeno v členu 114(4) Uredbe (EU) št. 575/2013;
In addition, they shall calculate the benchmark statistics regarding those differences as follows:
za portfelje z velikim številom neplačnikov na ravni portfelja.
for low-default portfolios (LDPs), at the portfolio level excluding the exposures to Member States' central government and central banks denominated and funded in the domestic currency as referred to in Article 114(4) of Regulation (EU) No 575/2013;
Pristojni organi za izračun primerjalnih statistik iz odstavka 1 tega člena uporabijo kapitalske zahteve za kreditno tveganje, prilagojene ravni, uporabljeni za izračun prehodnega praga iz sporazuma Basel I na podlagi člena 500 Uredbe (EU) št. 575/2013.
for high-default portfolios (HDPs), at the portfolio level.
Člen 5
For the computation of benchmark statistics referred to in paragraph 1 of this Article, competent authorities shall use the own funds requirements for credit risk adjusted at the level applied for the computation of the transitional Basel I floor based on Article 500 of Regulation (EU) No 575/2013.
Izračun morebitnih razlik za kreditno tveganje z uporabo izidov
Article 5
Pristojni organi za namene točk (d) in (e) člena 3(1) pri izračunu razlik uporabijo enoletne in petletne povprečne izide.
Computation of potential differences for credit risk using outturns
Člen 6
For the purposes of point (d) and (e) of Article 3(1), competent authorities shall use both one-year and five-year average outturns for computing the differences.
Standardi ocenjevanja
Article 6
Pristojni organi pri izvajanju ocene iz člena 3(1) te uredbe ocenijo, ali institucije spoštujejo zahteve Izvedbene uredbe (EU) 2016/2070, če so institucije izkoristile možnost iz člena 3(2) navedene izvedbene uredbe za poročanje bolj omejenih informacij v skladu z navedeno izvedbeno uredbo.
Assessment standards
Pristojni organi to storijo s potrditvijo razlogov in utemeljitve za take omejitve pri poročanju, ki jih institucije predložijo v skladu z navedeno izvedbeno uredbo.
When carrying out the assessment referred to in Article 3(1) of this Regulation, competent authorities shall assess the compliance of institutions with the requirements of Implementing Regulation (EU) 2016/2070, where institutions have exercised the option of Article 3(2) of that Implementing Regulation in order to submit more limited reporting under that Implementing Regulation.
Pri izvajanju ocene iz člena 3(1) pristojni organi preverijo razloge za znatno in sistematično podcenjenost ter večjo raznolikost ali neraznolikost kapitalskih zahtev iz tega odstavka, kot sledi:
Competent authorities shall do so by confirming the rationale and justification behind any limitations in the reporting that these institutions have provided under that Implementing Regulation.
za ocene, ki se nanašajo na pristope za kreditno tveganje, z uporabo standardov iz členov 7 in 8;
When carrying out the assessment referred to in Article 3(1), competent authorities shall investigate the reasons for the significant and systematic underestimation and for the high or low diversity in the own funds requirements referred to in that paragraph, as follows:
za ocene, ki se nanašajo na pristope za tržno tveganje, z uporabo standardov iz členov od 9 do 11.
for assessments relating to credit risk approaches, by applying the standards referred to in Articles 7 and 8;
Člen 7
for assessments relating to market risk approaches, by applying the standards referred to in Articles 9 to 11.
Splošni standardi ocenjevanja za notranje pristope za kreditno tveganje
Article 7
Pristojni organi pri izvajanju ocene iz člena 3(1) v zvezi s pristopi za kreditno tveganje uporabijo vsaj informacije o notranjih pristopih, uporabljenih pri portfeljih za nadzorniško primerjanje, ki so vsebovane v naslednjih dokumentih, če je relevantno:
General assessment standards for internal approaches for credit risk
poročilu EBA iz drugega pododstavka člena 78(3) Direktive 2013/36/EU;
When carrying out an assessment referred to in Article 3(1) relating to credit risk approaches, competent authorities shall use at least the information on the internal approaches applied to the supervisory benchmarking portfolios which is contained in the following documents, where relevant:
rednih poročilih institucije o validaciji;
the EBA report referred to in the second subparagraph of Article 78(3) of Directive 2013/36/EU;
dokumentaciji o modelu, vključno s priročniki, dokumenti o razvoju in kalibraciji modela ter metodologijo za notranje pristope;
the institution's regular validation reports;
poročilih v zvezi z obiski na kraju samem.
model documentation including manuals, documentation on the development and calibration of the model and methodology for the internal approaches;
Pristojni organi pri izvajanju ocene iz člena 3(1) v zvezi s pristopi za kreditno tveganje upoštevajo naslednje elemente, če je relevantno:
reports regarding on-site visits.
ali institucija uporablja lastne ocene izgube ob neplačilu in konverzijske faktorje v skladu s členom 143 Uredbe (EU) št. 575/2013;
When carrying out an assessment referred to in Article 3(1) relating to credit risk approaches, competent authorities shall take into account the following elements, where relevant:
obseg uporabe modela in reprezentativnost referenčnih portfeljev;
whether the institution uses own estimates of loss given default (LGD) and conversion factors in accordance with Article 143 of Regulation (EU) No 575/2013;
ključne značilnosti modelov, pri čemer se na primer razlikuje med modeli, zasnovanimi in kalibriranimi na centralizirani ravni skupine (globalni), in modeli, zasnovanimi in kalibriranimi samo na ravni jurisdikcije države gostiteljice (lokalni), modeli, nabavljenimi pri zunanjih ponudnikih, in modeli institucije, modeli, zasnovanimi in kalibriranimi z uporabo notranjih podatkov, in modeli, zasnovanimi in kalibriranimi z uporabo zunanjih podatkov;
the model's application perimeter and the representativeness of the benchmarking portfolios;
datum odobritve modela in datum razvoja modela;
key characteristics of the models such as distinguishing between models designed and calibrated at the centralised group level (global) and models designed and calibrated only at the level of the host jurisdiction (local), vendor and institution models, models developed and calibrated using internal data and models developed and calibrated using external data;
primerjavo med napovedanimi in dejanskimi stopnjami neplačil v zadevnem obdobju;
the date of model approval and the date of model development;
primerjavo med napovedanimi izgubami ob neplačilu v recesiji in dejanskimi izgubami ob neplačilu;
the comparison of predicted and observed default rates over a relevant time period;
primerjavo med ocenjenimi in dejanskimi izpostavljenostmi ob neplačilu;
the comparison of predicted downturn LGDs with observed LGDs;
dolžino uporabljene časovne vrste in, kot je relevantno, vključitev obdobja resnih finančnih težav v letih ali narave in pomembnosti kakršne koli prilagoditve za zajetje pogojev recesije in dodajanje mer konservativnosti pri kalibraciji modelov;
the comparison of estimated and observed exposures at default;
nedavne spremembe v sestavi portfelja institucije, za katerega se uporablja notranji pristop;
the length of the time series used and, as applicable, the inclusion of distressed years or nature and materiality of any adjustment for capturing downturn conditions and adding margins of conservatism in the models' calibration;
mikro- in makroekonomski položaj portfelja institucije, tveganje in poslovno strategijo ter notranje postopke, kot so postopki za izterjavo pri neplačanih izpostavljenostih (v nadaljnjem besedilu: postopki izterjave);
recent changes in the composition of the portfolio of the institution to which the internal approach is applied;
trenutni položaj v ciklu, izbiro filozofije bonitetnega ocenjevanja med sistemom ocenjevanja „v trenutku“ (PIT) in sistemom ocenjevanja „skozi cikel“ (TTC) ter opazovano cikličnost v modelu;
the micro- and macroeconomic situation of the institution's portfolio, the risk and business strategy as well as internal process, such as recovery procedures for defaulted assets (‘workout procedures’);
število bonitetnih ocen in dimenzije, ki jih institucije uporabljajo pri modelih za verjetnost neplačila, izgubo ob neplačilu in konverzijske faktorje;