natgillin/translations-raw huggingface dataset:
According to the common depository model, the common depository is used by CSDs that establish an interoperable link and the common depository should be responsible for the overall integrity of the securities issues initially recorded or centrally maintained by the CSDs that have established an interoperable link.
V skladu z modelom skupnega depoja skupni depo uporabljajo CDD, ki vzpostavijo interoperabilno povezavo, skupni depo pa bi moral biti odgovoren za splošno celoto (integriteto) izdaj vrednostnih papirjev, ki se začetno evidentirajo ali centralno vodijo pri CDD, ki so vzpostavile interoperabilno povezavo.
In order to mitigate operational risks, which comprise the risks caused by deficiencies in information systems, internal processes, and personnel performance or disruptions caused by external events which result in the reduction, deterioration or breakdown of services provided by a CSD, CSDs should identify all risks and monitor their evolution, irrespective of their origin that may include, for instance, their users, providers of services to CSDs and other market infrastructures, including other CSDs.
Da bi zmanjšale operativna tveganja, ki jih sestavljajo tveganja, ki jih povzročijo pomanjkljivosti v informacijskih sistemih, notranjih procesih in rezultati zaposlenih, ali motnje, ki jih povzročijo zunanji dogodki, ki privedejo do zmanjšanja, poslabšanja ali prekinitve storitev, ki jih izvaja CDD, bi morale CDD opredeliti vsa tveganja in spremljati njihov razvoj, ne glede na njihov izvor, ki so na primer lahko njeni uporabniki, izvajalci storitev za CDD in druge tržne infrastrukture, vključno z drugimi CDD.
Operational risks should be managed in accordance to a well-documented and robust framework with clearly assigned roles and responsibilities.
Operativna tveganja bi se morala upravljati v skladu z dobro dokumentiranim in zanesljivim okvirom z jasno določenimi vlogami in odgovornostmi.
That framework should include operational targets, tracing features, assessment mechanisms and it should be integrated in the risk-management system of the CSD.
Ta okvir bi moral vključevati operativne cilje, elemente sledenja in mehanizme za ocenjevanje ter bi moral biti integriran v sistem upravljanja tveganj CDD.
In this context, a CSD chief risk officer should be responsible for the operational risk-management framework.
V tem kontekstu bi moral biti vodja za upravljanje tveganj v CDD odgovoren za okvir upravljanja operativnih tveganj.
CSDs should manage their risk internally.
CDD bi morale svoja tveganja upravljati interno.
Where internal controls are insufficient or where eliminating certain risks is not a reasonably feasible option, a CSD should be able to take a financial coverage of those risks through insurance.
Kadar so notranje kontrole nezadostne ali kadar izločitev nekaterih tveganj ni izvedljiva možnost na podlagi razumnih pričakovanj, bi morala imeti CDD možnost pridobitve finančnega kritja teh tveganj z zavarovanjem.
CSDs should not enter into investments that may affect their risk profile.
CDD ne bi smele vstopati v naložbe, ki lahko vplivajo na njihov profil tveganja.
CSDs should only enter into derivatives contracts if they are required to hedge a risk that they cannot reduce otherwise.
CDD bi moralo biti dovoljeno sklepati pogodbe o izvedenih finančnih instrumentih samo, kadar se morajo zavarovati pred tveganjem, ki ga ne morejo zmanjšati na drug način.
The hedging should be subject to certain strict conditions that ensure that the derivatives are not used for purposes other than for covering risks and are not used for a realisation of profits.
Za varovanje pred tveganjem bi morali veljati določeni strogi pogoji, ki zagotavljajo, da se izvedeni finančni instrumenti ne uporabljajo za druge namene kot za kritje tveganj in da se ne uporabljajo za ustvarjanje dobička.
The assets of CSDs should be held safely, be easily accessible and able to be liquidated promptly.
Sredstva CDD bi se morala varno hraniti, biti bi morala lahko dostopna in hitro unovčljiva.
A CSD should therefore ensure that its policies and procedures concerning prompt access to its own assets are based at least on the nature, size, quality, maturity and location of the assets.
CDD bi morala zato zagotoviti, da so njene politike in postopki za hiter dostop do njenih sredstev zasnovani vsaj na podlagi narave, obsega, kakovosti, zapadlosti in lokacije sredstev.
A CSD should also ensure that prompt access to its assets is not negatively affected by the outsourcing of custody or investment functions to a third party entity.
Zagotoviti bi morala tudi, da oddajanje funkcij skrbništva in investiranja v zunanje izvajanje tretji osebi ne vpliva negativno na hitrost dostopa do njenih sredstev.
To manage its liquidity needs, a CSD should be able to access its cash assets immediately and also be able to access any securities that it holds under its own name on the same business day when a decision to liquidate the assets is taken.
Za upravljanje svojih likvidnostnih potreb bi morala biti CDD sposobna nemudoma dostopati do svojih denarnih sredstev in do vseh vrednostnih papirjev, ki jih poseduje v svojem imenu, na isti delovni dan, kot je sprejeta odločitev o unovčenju sredstev.
To ensure a greater degree of protection of the assets of a CSD from the default of the intermediary, a CSD that accesses another CSD through a CSD link should maintain those assets in a segregated account at the linked CSD.
Da bi se zagotovila višja raven zaščite sredstev CDD pred neizpolnjevanjem obveznosti s strani posrednika, bi morala CDD, ki dostopa do druge CDD prek povezave med CDD, imeti ta sredstva na ločenem računu pri povezani CDD.
This level of segregation should ensure that the assets of a CSD are segregated from those of other entities and protected appropriately.
Ta stopnja ločevanja bi morala zagotoviti, da so sredstva CDD ločena od sredstev drugih subjektov in ustrezno zaščitena.
It is however necessary to allow the establishment of links with third-country CSDs even where individually segregated accounts are not available at the third-country CSD provided that assets of the requesting CSD are in any case adequately protected and competent authorities are informed of the risks resulting from the unavailability of individually segregated accounts and the adequate mitigation of such risks.
Vendar je treba dovoliti vzpostavljanje povezav s CDD iz tretjih držav, tudi kadar posamično ločeni računi pri CDD iz tretje države niso na voljo, če so sredstva CDD, ki zahteva povezavo, v vsakem primeru zadosti zaščitena in so pristojni organi obveščeni o tveganjih, ki izhajajo iz nerazpoložljivosti posamično ločenih računov, in o ustreznem upravljanju takih tveganj.
In order to ensure that a CSD invests its financial resources in highly liquid instruments with minimal market and credit risks and for these investments to be liquidated rapidly with minimal price effect, it should diversify its portfolio and establish appropriate concentration limits with respect to the issuers of the instruments in which it invests its resources.
Za zagotovitev, da CDD vlaga finančna sredstva v visoko likvidne instrumente z minimalnim tržnim in kreditnim tveganjem in da se lahko te naložbe likvidirajo hitro z minimalnim učinkom na ceno, bi morala razpršiti svoj portfelj in določiti ustrezne meje koncentracije v zvezi z izdajatelji instrumentov, v katere vlaga svoja sredstva.
In order to ensure the safety and efficiency of the link arrangement of a CSD with another CSD, a CSD should identify, monitor, and manage all potential sources of risk arising from the link arrangement.
Za zagotovitev varnosti in učinkovitosti povezave CDD z drugo CDD bi morala CDD določiti, spremljati in upravljati vse potencialne vire tveganja, ki izhajajo iz povezave.
A CSD link should have a well-founded legal basis, in all relevant jurisdictions, that supports its design and provides adequate protection to the CSDs involved in the link.
Povezava med CDD bi morala imeti dobro utemeljeno pravno podlago v vseh relevantnih jurisdikcijah, ki podpira njeno zasnovo in zagotavlja zadostno zaščito za CDD, vključeni v povezavo.
Linked CSDs should measure, monitor, and manage the credit and liquidity risks arising from each other.
Vsaka od povezanih CDD bi morala meriti, spremljati in upravljati kreditna in likvidnostna tveganja, ki izhajajo iz druge CDD.
A requesting CSD that uses an indirect CSD link or an intermediary to operate a CSD link with a receiving CSD should measure, monitor, and manage the additional risks, including custody, credit, legal, and operational risks, arising from the use of the intermediary in order to ensure the safety and the efficiency of the link arrangement.
CDD, ki je predložila zahtevo, ki uporablja posredno povezavo med CDD ali posrednika za upravljanje povezave s CDD prejemnico, bi morala meriti, spremljati in upravljati dodatna tveganja, vključno s skrbniškimi, kreditnimi, pravnimi in operativnimi tveganji, ki izhajajo iz uporabe posrednika, da se zagotovi varnost in učinkovitost povezave.
In order to ensure the integrity of the issue, where securities are maintained in several CSDs through CSD links, CSDs should apply specific reconciliation measures and coordinate their actions.
Za zagotovitev celote izdaje bi morale CDD, kadar se vrednostni papirji hranijo v več CDD prek povezav med CDD, uporabljati posebne ukrepe usklajevanja in koordinirati svoje dejavnosti.
CSDs should provide fair and open access to their services with due regard to the risks to financial stability and the orderliness of the market.
CDD bi morale zagotavljati pravičen in odprt dostop do svojih storitev ob ustreznem upoštevanju tveganj za finančno stabilnost in nemoteno delovanje trgov.
They should control the risks arising from their participants and other users by setting risk-related criteria for the provision of their services.
Obvladovati bi morale tveganja, ki izhajajo iz njihovih udeležencev in drugih uporabnikov, z določitvijo s tveganji povezanih meril za opravljanje svojih storitev.
CSDs should ensure that their users, such as participants, any other CSDs, central counterparties (CCPs), trading venues or issuers that are granted access to their services meet the criteria and have the required operational capacity, financial resources, legal powers, and risk-management expertise in order to prevent the occurrence of risks for CSDs and other users.
CDD bi morale zagotoviti, da njihovi uporabniki, kot so udeleženci, vse druge CDD, centralne nasprotne stranke (v nadaljnjem besedilu: CNS), mesta trgovanja ali izdajatelji, ki imajo dostop do njihovih storitev, izpolnjujejo merila in imajo potrebne operativne zmogljivosti, finančna sredstva, pravne pristojnosti in strokovno znanje o obvladovanju tveganj za preprečevanje tveganj za CDD in druge uporabnike.
In order to ensure the safety and efficiency of its securities settlement system, a CSD should monitor compliance with its access requirements on an ongoing basis and have clearly defined and publicly disclosed procedures for facilitating the suspension and orderly exit of a requesting party that breaches, or no longer meets, the access requirements.
Da bi CDD zagotovila varnost in učinkovitost svojega sistema poravnave vrednostnih papirjev, bi morala stalno spremljati, ali je zagotovljena skladnost z njenimi zahtevami za dostop, in imeti jasno opredeljene in javno razkrite postopke za hitrejši postopek začasne in ustrezne dokončne izključitve strani, ki je predložila zahtevo, ki krši ali ne izpolnjuje več zahtev za dostop.
For the purpose of the authorisation to provide banking-type ancillary services, a CSD should submit an application to the competent authority including all necessary elements to ensure that the provision of the banking-type ancillary services do not affect the smooth provision of core services of a CSD.
CDD bi morala za namene izdaje dovoljenja za opravljanje pomožnih bančnih storitev predložiti vlogo pristojnemu organu, vključno z vsemi potrebnimi elementi za zagotovitev, da opravljanje pomožnih bančnih storitev ne vpliva na nemoteno zagotavljanje osnovnih storitev CDD.
Entities already authorised as CSDs should not be required to submit again any elements that were already submitted in the course of the process of application for being authorised as a CSD under Regulation (EU) No 909/2014.
Od subjektov, ki že imajo dovoljenje kot CDD, se ne bi smelo zahtevati, da ponovno predložijo tiste elemente, ki so jih že predložili v postopku pridobitve dovoljenja za opravljanje dejavnosti CDD v skladu z Uredbo (EU) št. 909/2014.
With a view to ensuring legal certainty and a consistent application of the law, certain requirements provided for in this Regulation concerning settlement discipline measures should start to apply from the date of entry into force of those measures.
Za zagotavljanje pravne varnosti in dosledne uporabe prava bi se morale nekatere zahteve v zvezi z ukrepi za zagotavljanje discipline pri poravnavi, določene v tej uredbi, začeti uporabljati od datuma začetka veljavnosti teh ukrepov.
In drawing up the technical standards contained in this Regulation, ESMA has worked in close cooperation with the members of the European System of Central Banks and the European Banking Authority.
ESMA je pri pripravi tehničnih standardov iz te uredbe tesno sodelovala s članicami Evropskega sistema centralnih bank in Evropskim bančnim organom.
ESMA 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 Securities and Markets Stakeholder Group established in accordance with Article 37 of Regulation (EU) No 1095/2010 of the European Parliament and of the Council [3],
ESMA je opravila odprta javna posvetovanja o osnutkih regulativnih tehničnih standardov, na katerih temelji ta uredba, analizirala potencialne povezane stroške in koristi ter prosila za mnenje interesno skupino za vrednostne papirje in trge, ustanovljeno v skladu s členom 37 Uredbe (EU) št. 1095/2010 Evropskega parlamenta in Sveta [3] –
‘review period’ means the period under review beginning on the day following the end of the previous review and evaluation period;
„obdobje pregleda“ pomeni obdobje, za katerega se izvaja pregled, ki se začne na dan po koncu prejšnjega obdobja pregleda in ocene;
‘settlement instruction’ means a transfer order as defined in point (i) of Article 2 of Directive 98/26/EC of the European Parliament and of the Council [4];
„navodilo za poravnavo“ pomeni prenosni nalog, kot je opredeljen v točki (i) člena 2 Direktive 98/26/ES Evropskega parlamenta in Sveta [4];
‘settlement restriction’ means the blocking, reservation or earmarking of securities that make them unavailable for settlement, or the blocking or reservation of cash that make it unavailable for settlement;
„omejitev poravnave“ pomeni blokiranje, rezerviranje ali določitev uporabe vrednostnih papirjev, zaradi česar ti niso na voljo za poravnavo, ali blokiranje ali rezerviranje denarnih sredstev, zaradi česar ta niso na voljo za poravnavo;
‘exchange-traded fund’ (ETF) means a fund as defined in point (46) of Article 4(1) of Directive 2014/65/EU of the European Parliament and of the Council [5];
„investicijski sklad, s katerim se trguje na borzi“ (ETF) pomeni sklad, kot je opredeljen v točki 46 člena 4(1) Direktive 2014/65/EU Evropskega parlamenta in Sveta [5];
‘issuer CSD’ means a CSD which provides the core service referred to in point 1 or 2 of Section A of the Annex to Regulation (EU) No 909/2014 in relation to a securities issue;
„izdajateljska CDD“ pomeni CDD, ki opravlja osnovno storitev iz točke 1 ali 2 oddelka A Priloge k Uredbi (EU) št. 909/2014 v zvezi z izdajo vrednostnih papirjev;
‘investor CSD’ means a CSD that either is a participant in the securities settlement system operated by another CSD or that uses a third party or an intermediary that is a participant in the securities settlement system operated by another CSD in relation to a securities issue;
„vlagateljska CDD“ pomeni CDD, ki je udeleženka v sistemu poravnave vrednostnih papirjev, ki ga upravlja druga CDD, ali ki uporablja tretjo osebo ali posrednika, ki je udeleženec v sistemu poravnave vrednostnih papirjev, ki ga upravlja druga CDD, v zvezi z izdajo vrednostnih papirjev;
‘durable medium’ means any instrument which enables the storage of information in a way that is accessible for future reference for a period of time adequate for the purposes of the information, and allows the unchanged reproduction of the information stored.
„trajni nosilec podatkov“ pomeni vsak instrument, ki omogoča hranjenje informacij na način, ki omogoča prihodnji dostop za potrebe vpogleda, za obdobje, ki je ustrezno za namene informacij, in dopušča nespremenjeno kopiranje shranjenih informacij.
DETERMINATION OF THE MOST RELEVANT CURRENCIES AND PRACTICAL ARRANGEMENTS FOR THE CONSULTATION OF THE RELEVANT COMPETENT AUTHORITIES
DOLOČITEV NAJPOMEMBNEJŠIH VALUT IN PRAKTIČNE UREDITVE ZA POSVETOVANJE Z ZADEVNIMI PRISTOJNIMI ORGANI
(Article 12(1)(b) and (c) of Regulation (EU) No 909/2014)
(člen 12(1)(b) in (c) Uredbe (EU) št. 909/2014)
The most relevant currencies referred to in point (b) of Article 12(1) of Regulation (EU) No 909/2014 shall be identified according to either of the following calculations:
Najpomembnejše valute iz točke (b) člena 12(1) Uredbe (EU) št. 909/2014 se določijo v skladu z enim od naslednjih izračunov:
the relative share of each Union currency in the total value of the settlement by a CSD of settlement instructions against payment, calculated over a period of one year, provided that each individual share exceeds 1 %;
relativni delež vsake od valut Unije v skupni vrednosti navodil za poravnavo proti plačilu, ki jih poravna CDD, izračunan v obdobju enega leta, če vsak posamezen delež presega 1 %;
the relative share of settlement instructions against payment settled by a CSD in a Union currency compared to the total value of settlement instructions against payment settled in that currency across all CSDs in the Union, calculated over a period of one year, provided that each individual share exceeds 10 %.
relativni delež navodil za poravnavo proti plačilu, ki jih poravna CDD v valuti Unije, glede na skupno vrednost navodil za poravnavo proti plačilu, ki jih v tej valuti poravnajo vse CDD v Uniji, izračunan v obdobju enega leta, če vsak posamezen delež presega 10 %.
The calculations referred to in paragraph 1 shall be done on an annual basis by the competent authority of each CSD.
Izračuna iz odstavka 1 letno opravi pristojni organ vsake CDD.
Practical arrangements for the consultation of the relevant authorities referred to in Article 12(1)(b) and (c) of Regulation (EU) No 909/2014
Praktične ureditve za posvetovanje z zadevnimi pristojnimi organi iz člena 12(1)(b) in (c) Uredbe (EU) št. 909/2014
Where one of the most relevant currencies determined in accordance with Article 2 of this Regulation is issued by more than one central bank, those central banks shall determine a single representative as the relevant authority for that currency referred to in point (b) of Article 12(1) of Regulation (EU) No 909/2014.
Kadar eno od najpomembnejših valut, določenih v skladu s členom 2 te uredbe, izdaja več kot ena centralna banka, te centralne banke določijo enotnega predstavnika kot zadevni organ za to valuto iz točke (b) člena 12(1) Uredbe (EU) št. 909/2014.
Where the cash leg of securities transactions is settled in accordance with Article 40(1) of Regulation (EU) No 909/2014 through accounts opened with several central banks that issue the same currency, those central banks shall determine a single representative as a relevant authority referred to in point (c) of Article 12(1) of that Regulation.
Kadar se denarni del poslov z vrednostnimi papirji poravna v skladu s členom 40(1) Uredbe (EU) št. 909/2014 prek računov, odprtih pri več centralnih bankah, ki izdajajo isto valuto, te centralne banke določijo enotnega predstavnika kot zadevni organ iz točke (c) člena 12(1) navedene uredbe.
AUTHORISATION OF CSDs
IZDAJA DOVOLJENJA CDD
(Article 17 of Regulation (EU) No 909/2014)
(člen 17 Uredbe (EU) št. 909/2014)
General information on applicant CSDs
Splošne informacije o CDD vložnici
Identification and legal status of applicant CSDs
Identifikacija in pravni status CDD vložnice
An application for authorisation shall clearly identify the applicant CSD and the activities and services that it intends to carry out.
V vlogi za dovoljenje so jasno navedene identiteta CDD ter dejavnosti in storitve, ki jih namerava izvajati.
The application for authorisation shall include the following information:
Vloga za dovoljenje vsebuje naslednje informacije:
contact details of the person responsible for the application;
kontaktne podatke osebe, odgovorne za vlogo;
contact details of the person or persons in charge of the applicant CSD's compliance and internal control function;
kontaktne podatke osebe ali oseb, pristojnih za varovanje zakonitosti poslovanja CDD vložnice in funkcijo notranjega nadzora;
the corporate name of the applicant CSD, its Legal Entity Identifier (LEI) and registered address in the Union;
popolno ime (firmo) podjetja, identifikator pravnih subjektov (LEI) in uradni naslov v Uniji za CDD vložnico;
the memorandum and articles of association or other constitutional and statutory documentation of the applicant CSD;
akt o ustanovitvi in statut ali drugo ustanovno in zakonsko dokumentacijo CDD vložnice;
an excerpt from the relevant commercial or court register, or other forms of certified evidence of the registered address and business activity of the applicant CSD that is valid at the date of the application;
izpisek iz ustreznega poslovnega ali sodnega registra ali drugo certificirano dokazilo o uradnem naslovu in poslovni dejavnosti CDD vložnice, ki je veljavno na datum oddaje vloge;
the identification of the securities settlement systems that the applicant CSD operates or intends to operate;
navedbo sistemov poravnave vrednostnih papirjev, ki jih upravlja CDD ali jih namerava upravljati;
a copy of the decision of the management body regarding the application and the minutes of the meeting in which the management body approved the application file and its submission;
kopijo sklepa upravljalnega organa v zvezi vlogo in zapisnik sestanka, na katerem je upravljalni organ odobril dokumentacijo za vlogo in njeno predložitev;
a chart showing the ownership links between the parent undertaking, subsidiaries and any other associated entities or branches, wherein the entities shown in the chart are identified by their full corporate name, legal status, registered address, and tax numbers or company registration numbers;
diagram, ki prikazuje lastniške povezave med nadrejeno družbo, podrejenimi družbami ter vsemi drugimi pridruženimi subjekti ali podružnicami, pri čemer so subjekti, prikazani v diagramu, identificirani s firmo, pravnim statusom, uradnim naslovom in davčnimi številkami ali številkami iz poslovnega registra;
a description of the business activities of the applicant CSD's subsidiaries and other legal persons in which the applicant CSD holds a participation, including information on the level of participation;
opis poslovnih dejavnosti podrejenih družb CDD vložnice in drugih pravnih oseb, v katerih ima CDD vložnica udeležbo, kar vključuje informacije o ravni udeležbe;
a list including:
seznam, ki vsebuje:
the name of each person or entity who, directly or indirectly, holds 5 % or more of the applicant CSD's capital or voting rights;
imena vseh oseb ali subjektov, ki imajo neposredno ali posredno v lasti 5 % ali več kapitala ali glasovalnih pravic v CDD vložnici;
the name of each person or entity that could exercise a significant influence over the applicant CSD's management due to its holding in the applicant CSD's capital;
imena vseh oseb ali subjektov, ki bi lahko pomembno vplivali na upravljanje CDD vložnice zaradi njihovega deleža v kapitalu CDD vložnice;
the name of each entity in which the applicant CSD holds 5 % or more of the entity's capital and voting rights;
imena vseh subjektov, v katerih ima CDD vložnica 5 % ali več kapitala in glasovalnih pravic;