natgillin/translations-raw huggingface dataset:
multiple point of entry is more likely to be appropriate if a group's operations are divided into two or more clearly identifiable subgroups, each of which is financially, legally or operationally independent from other parts of the group, and any critical operational dependencies on other parts of the group are based on robust arrangements that ensure their continued operation in the event of resolution;
bo strategija z več vstopnimi točkami verjetneje primerna, če je poslovanje skupine razdeljeno v dve ali več jasno opredeljivih podskupin, od katerih je vsaka finančno, pravno in operativno neodvisna od drugih delov skupine, vse druge ključne operativne odvisnosti od drugih delov skupine pa temeljijo na zanesljivih ureditvah, ki zagotavljajo nadaljevanje njihovega poslovanja v primeru reševanja;
the enforceability of resolution tools which would be applied, in particular in third countries;
izvršljivost orodij za reševanje, ki bi se uporabila, zlasti v tretjih državah;
whether the resolution strategy requires supporting action by other authorities, in particular in third countries, or requires such authorities to refrain from independent resolution actions; and whether any such actions are feasible and credible for those authorities.
ali strategija reševanja zahteva podporo drugih organov, zlasti v tretjih državah, ali od takih organov zahteva, da ne izvajajo neodvisnih ukrepov reševanja, in ali so taki ukrepi izvedljivi in verodostojni za te organe.
Resolution authorities shall assess whether variants of the resolution strategy are necessary to address scenarios or circumstances where the resolution strategy cannot be feasibly and credibly implemented.
Organi za reševanje ocenijo, ali so potrebne različice strategije reševanja, da se odpravijo scenariji ali okoliščine, v katerih strategija reševanja ne bi bila izvedljiva in verodostojna.
Resolution authorities shall consider the extent to which any variant strategy is likely to achieve the resolution objectives and in particular ensure the continuity of critical functions.
Organi reševanja upoštevajo, v kakšnem obsegu se bodo z morebitno različico strategije verjetno dosegli cilji reševanja in zlasti zagotovilo neprekinjeno delovanje kritičnih funkcij.
Measures to remove impediments to variants of the resolution strategy shall only be implemented if they do not impair the feasible and credible implementation of the preferred resolution strategy.
Ukrepi za odpravo ovir za različice strategije reševanja se izvedejo samo, če ne ogrožajo izvedljivosti in verodostojnosti preferenčne strategije reševanja.
Assessment of feasibility of a resolution strategy
Ocena izvedljivosti strategije reševanja
Resolution authorities shall assess whether it is feasible to apply the selected resolution strategy effectively in an appropriate time frame and shall identify potential impediments to the implementation of the selected resolution strategy.
Organi za reševanje ocenijo, ali je mogoče izbrano strategijo reševanja učinkovito izvršiti v ustreznem časovnem okviru, ter opredelijo potencialne ovire za izvršitev izbrane strategije reševanja.
Resolution authorities shall consider impediments to the short-term stabilisation of the institution or group.
Organi za reševanje upoštevajo ovire za kratkoročno stabilizacijo institucije ali skupine.
Resolution authorities shall also consider any foreseeable impediments to a business reorganisation which is required pursuant to Article 52 of Directive 2014/59/EU or otherwise likely to be required if the resolution strategy envisages all or part of the institution or group being restored to long-term viability.
Organi za reševanje upoštevajo tudi vse predvidljive ovire za reorganizacijo poslovanja, ki se zahteva v skladu s členom 52 Direktive 2014/59/EU ali ki bi se sicer verjetno zahtevala, če je v strategiji reševanja predvideno, da bo doseženo, da bo celotna ali del institucije ali skupine ponovno sposoben uspešnega poslovanja.
Impediments shall be classified in at least the following categories:
Ovire se razvrstijo vsaj v naslednje kategorije:
structure and operations;
struktura in poslovanje;
financial resources;
finančni viri;
cross-border issues;
čezmejna vprašanja;
legal issues.
pravna vprašanja.
Assessment of feasibility: structure and operations
Ocena izvedljivosti: struktura in poslovanje
Resolution authorities shall consider at least the following issues in assessing whether there are potential impediments to resolution related to the structure and operations of the institution or group:
Organi za reševanje pri oceni, ali obstajajo potencialne ovire za reševanje, povezane s strukturo in poslovanjem institucije ali skupine, upoštevajo vsaj naslednje:
matters addressed in points 1 to 7, 16, 18 and 19 of Section C of the Annex to Directive 2014/59/EU;
zadeve, obravnavane v točkah 1 do 7, 16, 18 in 19 oddelka C Priloge k Direktivi 2014/59/EU;
dependencies of material entities and core business lines on infrastructure, information technology, treasury or finance functions, employees or other critical shared services;
odvisnost pomembnih subjektov in glavnih poslovnih področij od infrastrukture, informacijske tehnologije, zakladniških ali finančnih funkcij, zaposlenih ali drugih ključnih deljenih storitev;
whether governance, control, and risk management arrangements are consistent with any planned changes to the structure of the institution or group;
ali so upravljanje, nadzor in ureditve za upravljanje tveganj skladne z vsemi morebitnimi spremembami strukture institucije ali skupine;
whether the legal and franchise structure of the institution or group is consistent with any planned changes to the business structure of the institution or group;
ali je pravna in franšizna struktura institucije ali skupine skladna z vsemi morebitnimi spremembami strukture poslovanja institucije ali skupine;
whether appropriate resolution tools are available with respect to each legal entity as required to deliver the resolution strategy.
ali so na voljo ustrezna orodja za reševanje v zvezi z vsakim pravnim subjektom, ki so potrebna za izvajanje strategije reševanja.
Assessment of feasibility: financial resources
Ocena izvedljivosti: finančni viri
Resolution authorities shall consider at least the following issues in assessing whether there are potential impediments to resolution related to financial resources:
Organi za reševanje pri oceni, ali obstajajo potencialne ovire za reševanje, povezane s finančnimi viri, upoštevajo vsaj naslednje:
matters addressed in points 13, 14, 15 and 17 of Section C of the Annex to Directive 2014/59/EU;
zadeve, obravnavane v točkah 13, 14, 15 in 17 oddelka C Priloge k Direktivi 2014/59/EU;
the need to identify and quantify the amount of any liabilities which are likely under the preferred resolution strategy not to contributing to loss absorption or recapitalisation, considering at a minimum the following factors:
potrebo po opredelitvi in določitvi zneska vseh obveznosti, za katere v skladu s strategijo reševanja ni verjetno, da bodo prispevale k pokritju izgub ali dokapitalizaciji, pri čemer se upoštevajo najmanj naslednji dejavniki:
maturity;
zapadlost;
subordination ranking;
vrstni red podrejenosti;
the types of holders of the instrument, or the instrument's transferability;
vrste imetnikov instrumenta ali prenosljivost instrumenta;
legal impediments to loss absorbency such as lack of recognition of resolution tools under foreign law or existence of set-off rights;
pravne ovire za sposobnost pokrivanja izgub, kot je nepriznavanje orodij za reševanje v tuji zakonodaji ali obstoj pravic do pobota;
other factors creating risk that the liabilities would be exempted from absorbing losses in resolution;
drugi dejavniki, ki vodijo do tveganja, da se obveznosti ne bi mogle uporabiti za pokritje izgub pri reševanju;
the amount and issuing legal entities of qualifying eligible liabilities or other liabilities which would absorb losses;
znesek ustreznih kvalificiranih obveznosti ali drugih obveznosti, s katerimi bi se pokrile izgube, in pravni subjekti, ki jih bodo izdali;
the size of funding needs in the run-up to and during resolution, the availability of sources of funding, and impediments to the transfer of funds as required within the institution or group;
obseg potreb po financiranju v obdobju pred in med procesom reševanja, razpoložljivost virov financiranja in ovire za prenose sredstev, ki bodo potrebni znotraj institucije ali skupine;
whether appropriate arrangements are specified for losses to be transferred to legal entities to which resolution tools would be applied from other group companies, including where relevant an assessment of the amount and loss-absorbency of intragroup funding.
ali so določene ustrezne ureditve za prenos izgub na pravne subjekte, za katere bi se uporabila orodja za reševanje, od drugih podjetij v skupini, vključno z oceno zneska financiranja znotraj skupine in njegove sposobnosti pokrivanja izgub, če je relevantno.
Assessment of feasibility: information
Ocena izvedljivosti: informacije
Resolution authorities shall consider at least the following issues in assessing whether there are potential impediments to resolution related to information:
Organi za reševanje pri oceni, ali obstajajo potencialne ovire za reševanje, povezane z informacijami, upoštevajo vsaj naslednje:
matters addressed in points 8 to 12 of Section C of the Annex to Directive 2014/59/EU;
zadeve, obravnavane v točkah 8 do 12 oddelka C Priloge k Direktivi 2014/59/EU;
the capability of the institution or group to provide information on the amount, and location within the group, of assets which would be expected to qualify as collateral for central bank facilities;
sposobnost institucije ali skupine, da zagotovi informacije o znesku sredstev, za katera bi se pričakovalo, da so primerna za zavarovanje s premoženjem za posojila centralne banke, in o tem, kje v skupini se nahajajo;
the capability of the institution or group to provide information to carry out a valuation to determine the amount of write-down or recapitalisation required.
sposobnost institucije ali skupine, da zagotovi informacije za potrebe vrednotenja, da se določi znesek potrebnega odpisa vrednosti ali dokapitalizacije.
Assessment of feasibility: cross-border issues
Ocena izvedljivosti: čezmejna vprašanja
Resolution authorities shall consider at least the following issues in assessing whether there are potential impediments to resolution related to cross-border issues:
Organi za reševanje pri oceni, ali obstajajo potencialne ovire za reševanje, povezane s čezmejnimi vprašanji, upoštevajo vsaj naslednje:
matters addressed in point 20 of Section C of the Annex to Directive 2014/59/EU;
zadeve, obravnavane v točki 20 oddelka C Priloge k Direktivi 2014/59/EU;
existence of adequate processes for coordination and communication and assurances on actions to be taken between home and host authorities, including in third countries, to enable delivery of the resolution strategy;
obstoj zadostnih postopkov za koordinacijo in komunikacijo ter zagotovil o ukrepih, ki se bodo sprejeli, med organi matične države in organi države gostiteljice, tudi v tretjih državah, da se omogoči izvršitev strategije reševanja;
whether law in relevant home and host jurisdictions overrides contractual termination rights in financial contracts that are triggered solely by the failure and resolution of an affiliated company.
ali zakonodaja v zadevni matični jurisdikciji ali v jurisdikciji države gostiteljice prevlada nad pogodbenimi pravicami do odpovedi v finančnih pogodbah, ki se aktivirajo izključno zaradi propada in reševanja povezanega podjetja.
Assessment of feasibility: other potential impediments
Ocena izvedljivosti: druge potencialne ovire
The following legal issues shall be considered in assessing potential impediments to resolution:
Pri ocenjevanju potencialnih ovir za reševanje se upoštevajo naslednja pravna vprašanja:
whether requirements for regulatory approvals or authorisations necessary to deliver the resolution strategy can be met in a timely manner;
ali se lahko zahteve glede regulativnih odobritev ali pooblastil, potrebnih za izvajanje strategije reševanja, pravočasno izpolnijo;
whether significant contractual documentation permits termination of contracts on entry into resolution;
ali pomembna pogodbena dokumentacija dovoljuje odpoved pogodb ob vključitvi v proces reševanja;
whether contractual obligations which cannot be disapplied by the resolution authority prohibit any transfer of assets and/or liabilities envisaged in the resolution strategy.
ali pogodbene obveznosti, ki jih organ za reševanje ne more razveljaviti, prepovedujejo prenos sredstev in/ali obveznosti, predviden v strategiji reševanja.
Assessment of credibility of a resolution strategy
Ocena verodostojnosti strategije reševanja
After assessing the feasibility of the selected resolution strategy, resolution authorities shall assess its credibility, taking into consideration the likely impact of resolution on the financial systems and real economies of any Member State or of the Union, with a view to ensuring the continuity of critical functions carried out by the institution or group.
Po oceni izvedljivosti izbrane strategije reševanja organi za reševanje ocenijo njeno verodostojnost, pri čemer upoštevajo verjeten učinek reševanja na finančni sistem in realni sektor katere koli države članice ali Unije, da bi zagotovili neprekinjeno delovanje kritičnih funkcij, ki jih izvaja institucija ali skupina.
The assessment shall include evaluation of matters addressed in points 21 to 28 of Section C of the Annex to Directive 2014/59/EU.
Ocena vključuje oceno zadev, obravnavanih v točkah 21 do 28 oddelka C Priloge k Direktivi 2014/59/EU.
In conducting this assessment, resolution authorities shall consider the likely impact of the implementation of the resolution strategy on the financial systems of any Member State or of the Union.
Organi za reševanje pri tej oceni upoštevajo verjeten učinek izvajanja strategije reševanja na finančni sistem katere koli države članice ali Unije.
For this purpose, resolution authorities shall take into account the functions performed by the institution or group and assess whether implementation of the resolution strategy would be likely to have a material adverse impact on any of the following:
V ta namen organi za reševanje upoštevajo funkcije, ki jih opravlja institucija ali skupina, in ocenijo, ali je verjetno, da bi izvajanje strategije reševanja pomembno negativno vplivalo na naslednje:
financial market functioning, and in particular market confidence;
delovanje finančnih trgov in zlasti zaupanje na trgih;
financial market infrastructures, and in particular:
infrastrukture finančnih trgov, zlasti:
other financial institutions, and in particular:
druge finančne institucije, zlasti:
the real economy and in particular on the availability of financial services.
realni sektor gospodarstva ter zlasti na razpoložljivost finančnih storitev.
INTRA GROUP FINANCIAL SUPPORT
ZNOTRAJSKUPINSKA FINANČNA PODPORA
Prospect to redress financial difficulties
Pričakovanja o odpravi finančnih težav
The condition of a reasonable prospect that the support provided significantly redresses the financial difficulties of the group entity receiving the financial support (‘receiving entity’) shall be considered as being met, where such prospect of redress is supported by the following elements:
Pogoj glede upravičenega pričakovanja, da se bodo zaradi zagotovljene podpore odpravile finančne težave subjekta v skupini, ki bo prejel finančno podporo (v nadaljnjem besedilu: prejemnik podpore), se šteje za izpolnjenega, če tako pričakovanje o odpravi težav podpirajo naslednji dejavniki:
the capital and liquidity needs of the receiving entity identified by a description of the capital and liquidity situation of the receiving entity and a projection of its capital and liquidity needs are covered for a sufficient period of time, taking into account all other relevant financial sources from which those needs could be met, the timescale required to redress the financial difficulties and the term of the support;
kapitalske in likvidnostne potrebe prejemnika podpore, ki se določijo na podlagi opisa kapitalskega in likvidnostnega položaja prejemnika podpore ter napovedi glede njegovih prihodnjih kapitalskih in likvidnostnih potreb, so krite za dovolj dolgo obdobje, pri čemer se upoštevajo vsi drugi relevantni finančni viri, s katerimi bi se lahko pokrile te potrebe, časovni okvir za odpravo finančnih težav in pogoji podpore;
the analysis of the financial situation and of the internal and external causes for the financial difficulties, in particular of the business model and the risk management of the receiving entity, and of past, present and expected market conditions does not contradict the prospect of redress;
analiza finančnega položaja ter notranjih in zunanjih vzrokov za finančne težave, zlasti poslovnega modela ter upravljanja tveganj pri prejemniku podpore, kot tudi preteklih, trenutnih in pričakovanih tržnih pogojev ni v nasprotju s pričakovanji o odpravi težav;
an action plan describing measures for the redress of the financial situation of the receiving entity, including where necessary a revision of its business model and risk management;
akcijski načrt, ki opisuje ukrepe za odpravo finančnih težav prejemnika podpore, po potrebi vključno z revizijo njegovega poslovnega modela in upravljanja tveganj;
the underlying assumptions in the descriptions and projections mentioned in points (a), (b) and (c) are coherent and plausible and take into account the stressed condition of the receiving entity, the current market conditions and potential adverse developments.
osnovne predpostavke v opisih in napovedih iz točk (a), (b) in (c) so jasne in verjetne ter upoštevajo stresne razmere pri prejemniku podpore, trenutne tržne razmere in potencialno negativen razvoj dogodkov.
When assessing the condition referred to in paragraph 1, the competent authority referred to in Article 25(2) of Directive 2014/59/EU shall take into account information and assessments provided by the competent authority responsible for the receiving entity.
Pri ocenjevanju pogoja iz odstavka 1 pristojni organ iz člena 25(2) Direktive 2014/59/EU upošteva informacije in ocene, zagotovljene s strani pristojnega organa prejemnika podpore.
Terms of the support
Pogoji podpore
The terms, including consideration, for providing the financial support shall be deemed to be in compliance with Article 19(7) of Directive 2014/59/EU, if the following conditions are met:
Za pogoje, vključno z nadomestilom, za zagotovitev finančne podpore se šteje, da so v skladu s členom 19(7) Direktive 2014/59/EU, če so izpolnjeni naslednji pogoji:
the terms adequately reflect:
pogoji ustrezno odražajo:
the default risk of the receiving entity;
tveganje neizpolnjevanja finančnih obveznosti prejemnika podpore;
the seniority of the claim;
nadrejenost terjatve;
the expected loss for the group entity providing the support (‘providing entity’) in the event of a default of the receiving entity;
pričakovano izgubo za subjekt iz skupine, ki zagotavlja podporo (v nadaljnjem besedilu: ponudnik podpore), če prejemnik podpore ne izpolnjuje finančnih obveznosti;
in case of a loan or committed facility, the maturity profile, based on a full disclosure of all relevant and up-to-date information by the receiving entity and further information available to the providing entity;
v primeru posojila ali zaveze za posojilo profil zapadlosti na podlagi popolnega razkritja vseh relevantnih in aktualnih informacij s strani prejemnika podpore ter dodatne informacije, ki so na voljo ponudniku podpore;
the terms reflect the best interest of the providing entity in accordance with Article 19(7) of Directive 2014/59/EU and the relation of benefits, risks and costs taken into account when determining the best interest, including direct or indirect benefits that may accrue to the providing entity as a result of the provision of financial support and of the benefits for the group from this provision.
pogoji odražajo najboljšo korist ponudnika podpore v skladu s členom 19(7) Direktive 2014/59/EU ter povezanost koristi, tveganj in stroškov, upoštevano pri določanju najboljše koristi, vključno z neposrednimi ali posrednimi koristmi, ki jih lahko ponudnik podpore pridobi z zagotovitvijo finančne podpore, ter koristmi za skupino zaradi te podpore.
For the purposes of point (a)(iv), an anticipated temporary impact on market prices arising from events external to the group does not need to be taken into account, if a plausible projection of the market situation supports the assumption that the extent of this impact and its duration do not jeopardise the ability of the receiving entity to meet all of its liabilities as they fall due.
Za namene točke (a)(iv) pričakovanega začasnega učinka na tržne cene, ki izhaja iz dogodkov zunaj skupine, ni treba upoštevati, če verjetne napovedi glede stanja na trgih podpirajo predpostavko, da obseg tega učinka in njegovo trajanje ne ogrožata sposobnosti prejemnika podpore za izpolnjevanje vseh obveznosti, ko te zapadejo.
The assessment of the conditions referred to in points (a) and (b) of paragraph 1 shall be based on a comparative analysis of the default risk of the receiving entity for each of the cases if the support is or is not provided.
Ocena pogojev iz točk (a) in (b) odstavka 1 temelji na primerjalni analizi tveganja neizpolnjevanja finančnih obveznosti prejemnika podpore za vsakega od primerov, če se podpora zagotovi oziroma se ne zagotovi.
The analysis of the default risk shall be based on the elements set out in Article 33.
Analiza tveganja neizpolnjevanja finančnih obveznosti temelji na dejavnikih iz člena 33.
This analysis is without prejudice to considering, for the purpose of the assessment of the relation of benefits, risks and costs on a case-by-case basis and at the discretion of the competent authority responsible for the providing entity, further elements that the providing entity would consider in a credit assessment when deciding on granting a loan on the basis of all information available to the providing entity.
Ta analiza ne posega v upoštevanje, za namene ocene povezanosti koristi, tveganj in stroškov po posameznih primerih in glede na presojo pristojnega organa, odgovornega za ponudnika podpore, nadaljnjih dejavnikov, ki bi jih ponudnik podpore upošteval pri bonitetni oceni, ko bi se odločal o odobritvi posojila na podlagi vseh informacij, ki so na voljo ponudniku podpore.
The assessment shall include potential damage to franchise, refinancing and reputation and benefits from an efficient use and fungibility of the group's capital resources and its refinancing conditions.
Ocena vključuje potencialno škodo za franšizo, refinanciranje in ugled ter koristi od učinkovite uporabe in zamenljivosti kapitalskih virov skupine in pogojev njenega refinanciranja.
To the extent possible, the benefits and costs taken into account in determining the best interest shall be quantified in monetary terms.
Koristi in stroški, upoštevani pri določanju najboljše koristi, se, kolikor je mogoče, opredelijo kvantitativno v denarnih zneskih.
In addition, the discount granted to the receiving entity compared to market terms shall be quantified, including in relation to haircuts on collateral or interest rates.
Poleg tega se kvantitativno opredeli popust, odobren prejemniku podpore v primerjavi s tržnimi pogoji, vključno v zvezi z odbitki pri zavarovanju s premoženjem ali obrestnih merah.
When assessing the best interest, any binding commitments in the financial support agreement sustaining the assumptions on the future business model and risk management of the receiving entity shall be taken into account.
Pri ocenjevanju najboljše koristi se upoštevajo vse zavezujoče zaveze v sporazumu o finančni podpori, na katerih temeljijo predpostavke o prihodnjem poslovnem modelu in upravljanju tveganj prejemnika podpore.
The competent authority shall take into account information and assessments provided by the competent authority responsible for the receiving entity.
Pristojni organ upošteva informacije in ocene, ki jih zagotovi pristojni organ, odgovoren za prejemnika podpore.
Liquidity and solvency of the providing entity
Likvidnost in solventnost ponudnika podpore