natgillin/translations-raw huggingface dataset:
The procedure for the imposition of corrective measures should be set out in a decision.
Glede na ugotovitve pregleda, ki ga je opravil Svet ECB, in da se izvedejo smernice CPMI-IOSCO, kolikor se uporabljajo za SPPS, je treba Uredbo (EU) št. 795/2014 (ECB/2014/28) ustrezno spremeniti –
Moreover, a competent authority other than the ECB should notify the ECB of its intention to impose corrective measures without undue delay.
SPREJEL NASLEDNJO UREDBO:
In view of the findings of the Governing Council's review and to implement the CPMI-IOSCO guidance insofar as they apply to SIPS, Regulation (EU) No 795/2014 (ECB/2014/28) should be amended accordingly,
Člen 1
HAS ADOPTED THIS REGULATION:
Spremembe
Article 1
Uredba (EU) št. 795/2014 (ECB/2014/28) se spremeni:
Amendments
člen 1 se spremeni:
Regulation (EU) No 795/2014 (ECB/2014/28) is amended as follows:
v odstavku 3 se točka (ii) nadomesti z naslednjim:
Article 1 is amended as follows:
skupno število obdelanih plačil, denominiranih v eurih, doseže najmanj enega od naslednjih pragov:
in paragraph 3, point (ii) is replaced by the following:
15 % skupnega števila plačil, denominiranih v eurih, v Uniji,
the total euro-denominated payments processed represent at least one of the following:
5 % skupnega števila čezmejnih plačil, denominiranih v eurih, v Uniji,
15 % of the total volume of euro-denominated payments in the Union,
tržni delež 75 % skupnega števila plačil, denominiranih v eurih, na ravni države članice, katere valuta je euro;“;
5 % of the total volume of euro-denominated cross-border payments in the Union,
v odstavku 3 se doda naslednji pododstavek:
a market share of 75 % of the total volume of euro-denominated payments at the level of a Member State whose currency is the euro;’;
„Postopek določanja se izvede enkrat letno.“;
in paragraph 3, the following subparagraph is added:
vstavi se naslednji odstavek 3a:
‘An identification exercise shall be performed on an annual basis.’;
Odločitev, ki se sprejme na podlagi odstavka 2, velja do preklica.
the following paragraph 3a is inserted:
Enkrat letno se izvede preveritveni pregled plačilnih sistemov, ki so bili določeni kot SPPS, da se preveri, ali še izpolnjujejo merila, na podlagi katerih so bili določeni.“;
A decision adopted under paragraph 2 shall remain in force until it has been repealed.
odstavek 4 se nadomesti z naslednjim:
Verification reviews of payment systems that have been identified as SIPS shall be carried out on an annual basis in order to verify that they continue to meet the criteria on the basis of which such identification was made.’;
Upravljavci SPPS stalno sodelujejo s pristojnim organom in zagotavljajo skladnost SPPS, ki jih upravljajo, z zahtevami iz členov 3 do 21, tudi z vidika splošne učinkovitosti njihovih pravil, postopkov, procesov in okvirov.
paragraph 4 is replaced by the following:
Upravljavci SPPS sodelujejo s pristojnim organom tudi za potrebe doseganja širšega cilja, da se podpira nemoteno delovanje plačilnih sistemov na sistemski ravni.“;
SIPS operators shall cooperate, on a continuous basis, with the competent authority, and ensure compliance of the SIPS they operate with the requirements set out in Articles 3 to 21, including in terms of the overall effectiveness of their rules, procedures, processes and frameworks.
člen 2 se spremeni:
SIPS operators shall further cooperate with the competent authority to facilitate the broader objective of promoting the smooth operation of payment systems at systemic level.’;
točka 14 se nadomesti z naslednjim:
Article 2 is amended as follows:
‚sistem za odloženo neto poravnavo‘ pomeni sistem, pri katerem se poravnava v centralnobančnem denarju izvede na neto osnovi na koncu vnaprej določenega poravnalnega cikla, npr. na koncu delovnega dne ali med delovnim dnem;“;
point (14) is replaced by the following:
točka 18 se nadomesti z naslednjim:
“deferred net settlement system” (DNS system) means a system in relation to which settlement in central bank money takes place on a net basis at the end of a predefined settlement cycle, e.g. at the end of, or during, a business day;’;
‚neposredni udeleženec‘ pomeni pravni subjekt, ki je v pogodbenem razmerju z upravljavcem SPPS, ga zavezujejo pravila tega SPPS, sme pošiljati naloge za prenos v ta sistem in je sposoben naloge za prenos prejemati iz njega;“;
point (18) is replaced by the following:
vstavi se naslednja točka 18a:
“direct participant” means a legal entity that has a contractual relationship with a SIPS operator, is bound by the relevant SIPS's rules, is allowed to send transfer orders to that system and is capable of receiving transfer orders from it;’;
‚posredni udeleženec‘ pomeni pravni subjekt, ki nima neposrednega dostopa do storitev SPPS in ga običajno pravila tega SPPS neposredno ne zavezujejo, kliring, poravnava in evidentiranje njegovih nalogov za prenos pa se v tem SPPS izvaja prek neposrednega udeleženca.
the following point (18a) is inserted:
Posredni udeleženec je v pogodbenem razmerju z neposrednim udeležencem.
“indirect participant” means a legal entity that does not have direct access to a SIPS's services and is typically not directly bound by the relevant SIPS's rules, and whose transfer orders are cleared, settled and recorded by the SIPS through a direct participant.
Ti pravni subjekti so lahko samo:
An indirect participant has a contractual relationship with a direct participant.
kreditne institucije, kakor so opredeljene v točki 1 člena 4(1) Uredbe (EU) št. 575/2013 Evropskega parlamenta in Sveta;
The relevant legal entities are limited to:
investicijska podjetja, kakor so opredeljena v točki 1 člena 4(1) Direktive 2004/39/ES Evropskega parlamenta in Sveta;
credit institutions as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013 of the European Parliament and of the Council,
podjetje s sedežem zunaj Unije, katerega funkcije se ujemajo s funkcijami kreditne institucije ali investicijskega podjetja v Uniji, kakor sta opredeljena v točkah (i) in (ii);
investment firms as defined in point (1) of Article 4(1) of Directive 2004/39/EC of the European Parliament and of the Council,
državni organi in podjetja z javnim jamstvom ter centralne nasprotne stranke oziroma 'srednje stranke', posredniki za poravnavo, klirinške hiše in upravljavci sistemov, kakor so opredeljeni v členu 2(c), (d), (e) in (p) Direktive 98/26/ES;
any undertaking whose head office is outside the Union and whose functions correspond to those of a Union credit institution or investment firm, as defined in points (i) and (ii),
plačilne institucije in institucije za izdajo elektronskega denarja, kakor so opredeljene v točki 4 člena 4 Direktive (EU) 2015/2366 Evropskega parlamenta in Sveta in točki 1 člena 2 Direktive 2009/110/ES Evropskega parlamenta in Sveta;
public authorities and publicly guaranteed undertakings, and central counterparties, settlement agents, clearing houses and system operators as defined in Article 2(c), (d), (e) and (p) of Directive 98/26/EC,
dodajo se naslednje točke 40 do 44:
payment institutions and e-money institutions as defined in point (4) of Article 4 of Directive (EU) 2015/2366 of the European Parliament and of the Council and point (1) of Article 2 of Directive 2009/110/EC of the European Parliament and of the Council;
‚neodvisni direktor‘ pomeni neizvršnega člana odbora, ki nima poslovnih, družinskih ali drugih povezav, ki pomenijo nasprotje interesov v zvezi s SPPS ali upravljavcem SPPS ali obvladujočimi delničarji, poslovodstvom ali udeleženci SPPS oziroma upravljavca SPPS, in ki ni imel takih povezav dve leti, preden je postal član odbora;
the following points (40) to (44) are added:
‚povezana družba‘ pomeni družbo, ki nadzira udeleženca ali jo nadzira udeleženec ali jo nadzira isti subjekt kot udeleženca.
“independent director” means a non-executive member of the Board who has no business, family or other relationship that raises a conflict of interests regarding the SIPS or SIPS operator, their controlling shareholders, their management or their participants, and who has had no such relationship during the two years preceding their membership of the Board;
Nadzor nad družbo je opredeljen kot (a) lastništvo, nadzor ali imetje najmanj 20 % razreda vrednostnih papirjev družbe, ki dajejo glasovalno pravico, ali (b) konsolidacijo družbe za potrebe finančnega poročanja;
“affiliate” means a company that controls, or is controlled by, or is under control with, the participant.
‚izredne razmere‘ pomenijo dogodek, pojav ali okoliščino, ki lahko povzroči prekinitev ali motnjo delovanja, storitev ali funkcij SPPS, vključno z oviranjem ali preprečitvijo dokončne poravnave;
Control of a company is defined as (a) ownership, control or holding of 20 % or more of a class of voting securities of the company; or (b) consolidation of the company for financial reporting purposes;
‚finančne obveznosti‘ pomenijo pravne obveznosti, ki v SPPS nastanejo med udeleženci ali med udeleženci in upravljavcem SPPS zaradi vstopa nalogov za prenos v ta SPPS;
“emergency situation” means an event, occurrence or circumstance that has the capacity to lead to the loss of or disruption to a SIPS's operations, services, or functions, including interfering with or preventing final settlement;
‚korektivni ukrep‘ pomeni poseben ukrep ali ravnanje, ne glede na obliko, trajanje ali resnost, ki ga pristojni organ naloži upravljavcu SPPS, da odpravi neskladnost z zahtevami členov 3 do 21 ali prepreči ponovitev take neskladnosti.“;
“financial obligations” means legal obligations arising, within the SIPS, between participants or between participants and the SIPS operator, as a consequence of transfer orders being entered into that SIPS;
člen 4 se spremeni:
“corrective measure” means a specific measure or action, regardless of its form, duration or gravity, that is imposed on a SIPS operator by a competent authority to remedy, or avoid a repetition of, non-compliance with the requirements of Articles 3 to 21.’;
odstavek 2 se nadomesti z naslednjim:
Article 4 is amended as follows:
Upravljavec SPPS ima učinkovito in dokumentirano ureditev upravljanja, ki določa jasne in neposredne pristojnosti in odgovornosti.
paragraph 2 is replaced by the following:
Ta ureditev se da na voljo pristojnemu organu, lastnikom in udeležencem.
A SIPS operator shall have effective and documented governance arrangements that provide clear and direct lines of responsibility and accountability.
Upravljavec SPPS da skrajšano različico te ureditve na voljo javnosti.“;
These arrangements shall be made available to the competent authority, owners and participants.
odstavek 5 se nadomesti z naslednjim:
The SIPS operator shall make abridged versions thereof available to the public.’;
Sestava odbora zagotavlja integriteto in, razen pri SPPS Eurosistema, ustrezno kombinacijo tehnične usposobljenosti, znanja in izkušenj na področju SPPS in finančnega trga na splošno, kar odboru omogoča izpolnjevanje njegovih vlog in odgovornosti.
paragraph 5 is replaced by the following:
Pri sestavi se upošteva tudi razdelitev pristojnosti v skladu z nacionalnim pravom.
The Board's composition shall ensure integrity and, except for Eurosystem SIPS, an appropriate mix of technical skills, knowledge and experience both of SIPS and of the financial market in general, allowing the Board to fulfil its roles and responsibilities.
Razen pri SPPS Eurosistema odbor vključuje neizvršne člane, vključno z najmanj enim neodvisnim direktorjem, če to dovoljuje nacionalno pravo.“;
The composition shall also take into account the allocation of competences in accordance with national law.
drugi pododstavek odstavka 7 se nadomesti z naslednjim:
Except for Eurosystem SIPS, and if permitted by national law, the Board shall include non-executive board members, including at least one independent director.’;
„Odbor zagotovi, da delujejo tri jasne in učinkovite obrambne linije (poslovanje, upravljanje tveganj in notranja revizija), ki so med seboj ločene ter imajo zadostne pristojnosti, neodvisnost, vire in dostop do odbora.“;
the second subparagraph of paragraph 7 is replaced by the following:
vstavi se naslednji odstavek 7a:
‘The Board shall ensure that there are three clear and effective lines of defence (operations, risk management and internal audit), which are separate from each other and have sufficient authority, independence, resources and access to the Board.’;
Odbor mora odobriti odločitve, ki imajo znaten vpliv na profil tveganosti SPPS, in ključne dokumente o tveganjih, ki urejajo delovanje SPPS.
the following paragraph 7a is inserted:
Odbor odobri in enkrat letno pregleda najmanj okvir za celovito upravljanje tveganj iz člena 5(1), okvir za operativno tveganje in s tem povezan načrt neprekinjenega poslovanja iz člena 15(1) oziroma člena 15(5), načrt za sanacijo in urejeno prenehanje in kapitalski načrt iz člena 5(4) oziroma člena 13(6), okvira za kreditno in likvidnostno tveganje iz člena 6(1) oziroma člena 8(1), okvir za zavarovanje, ki ureja upravljanje tveganj, iz člena 7, naložbeno strategijo iz člena 14(4) ter okvir za kibernetsko odpornost iz člena 15(4a).“;
The Board's approval shall be required for decisions that have a significant impact on the SIPS's risk profile and for the key risk documents governing the SIPS's operations.
v členu 5 se odstavek 4 nadomesti z naslednjim:
As a minimum, the Board shall approve and annually review the comprehensive risk management framework referred to in Article 5(1), the operational risk framework and the associated business continuity plan referred to in Articles 15(1) and 15(5) respectively, the recovery and orderly wind-down plan and the capital plan referred to in Articles 5(4) and 13(6) respectively, the frameworks on credit and liquidity risk referred to in Articles 6(1) and 8(1) respectively, the collateral framework that governs the management of risks referred to in Article 7, the SIPS's investment strategy referred to in Article 14(4), and the cyber resilience framework referred to in Article 15(4a).’;
Upravljavec SPPS določi ključne dejavnosti in storitve SPPS.
in Article 5, paragraph 4 is replaced by the following:
Upravljavec SPPS ugotovi posamezne scenarije, ki bi lahko povzročili, da ne bi mogel zagotavljati teh ključnih dejavnosti in storitev kot delujoče podjetje, ter oceni učinkovitost vseh možnosti zasanacijo in, razen pri SPPS Eurosistema, za urejeno prenehanje.
A SIPS operator shall define the SIPS's critical operations and services.
Ključne dejavnosti in storitve SPPS pregleda najmanj enkrat letno.
The SIPS operator shall identify specific scenarios that may prevent it from being able to provide these critical operations and services as a going concern and shall assess the effectiveness of all options for recovery and, with the exception of Eurosystem SIPS, an orderly wind-down.
Na podlagi te ocene upravljavec SPPS pripravi uresničljiv načrt zasanacijo in, razen pri SPPS Eurosistema, za urejeno prenehanje.
It shall review the SIPS's critical operations and services at least annually.
Načrt za sanacijo in urejeno prenehanje med drugim vsebuje vsebinski povzetek ključnih strategij za sanacijo in urejeno prenehanje, navedbo ključnih dejavnosti in storitev SPPS ter opis ukrepov, ki so potrebni za izvedbo ključnih strategij.
Based on thisassessment, a SIPS operator shall prepare a viable plan for the SIPS's recovery and, except for Eurosystem SIPS, an orderly wind-down.
Kjer pride v poštev, upravljavec SPPS zagotovi zadevnim organom informacije, ki jih potrebujejo za načrtovanje reševanja.“;
The recovery and orderly wind-down plan shall contain, inter alia, a substantive summary of the key recovery and orderly wind-down strategies, a restatement of the SIPS's critical operations and services, and a description of the measures needed to implement the key strategies.
člen 6 se nadomesti z naslednjim:
A SIPS operator shall, where applicable, provide the relevant authorities with the information needed for the purposes of resolution planning.’;
„Člen 6
Article 6 is replaced by the following:
Kreditno tveganje
‘Article 6
Upravljavec SPPS vzpostavi zanesljiv okvir za merjenje, spremljanje in upravljanje svojih kreditnih izpostavljenosti do udeležencev in kreditnih izpostavljenosti med udeleženci, ki izhajajo iz procesov plačil, kliringa in poravnave v SPPS.
Credit risk
Upravljavec SPPS ugotovi vse vire kreditnega tveganja.
A SIPS operator shall establish a robust framework to measure, monitor and manage its credit exposures to its participants and credit exposures among participants arising from the SIPS payment, clearing and settlement processes.
Merjenje in spremljanje kreditnih izpostavljenosti poteka cel dan ob uporabi pravočasnih informacij in ustreznih orodij za upravljanje tveganj.
A SIPS operator shall identify all sources of credit risk.
Upravljavec SPPS, ki upravlja sistem za odloženo neto poravnavo, zagotovi, da
The measurement and monitoring of credit exposures shall take place throughout the day, using timely information and appropriate risk management tools.
se finančne obveznosti vzpostavijo najkasneje v trenutku, ko se nalog za prenos uvrsti v izračun neto pozicij za poravnavo, do katerih lahko dostopa vsak udeleženec, in
A SIPS operator operating a DNS system shall ensure that
se najkasneje v trenutku iz točke (a) zagotovijo zadostna sredstva za kritje nastalih kreditnih izpostavljenosti v skladu z odstavkoma 3 in 4.
financial obligations are established no later than the moment at which a transfer order is included in the calculation of the net settlement positions accessible to each participant; and
Upravljavec SPPS, vključno z upravljavcem sistema za odloženo neto poravnavo z jamstvom poravnave, ki je med delovanjem SPPS kreditno izpostavljen do udeležencev, krije svojo kreditno izpostavljenost do vsakega udeleženca z uporabo zavarovanja, jamstvenih skladov, lastniškega kapitala (po odbitku zneska, ki je namenjen za kritje splošnega poslovnega tveganja) ali drugih enakovrednih finančnih sredstev.
sufficient resources are held to cover the resulting credit exposures in accordance with paragraphs 3 and 4 at the latest at the moment referred to in point (a).
Upravljavec SPPS, vključno z upravljavcem sistema za odloženo neto poravnavo brez jamstva poravnave, v katerem so udeleženci soočeni s kreditno izpostavljenostjo zaradi procesov plačil, kliringa in poravnave v SPPS, ima vzpostavljena pravila ali pogodbene ureditve s temi udeleženci.
A SIPS operator, including one operating a DNS system with a settlement guarantee, that in the course of SIPS operations incurs credit exposure vis-à-vis its participants, shall cover its credit exposure to each participant using collateral, guarantee funds, equity (after deduction of the amount dedicated to cover general business risk) or other equivalent financial resources.
Pravila ali pogodbene ureditve zagotovijo, da udeleženci zagotovijo zadostna sredstva, kakor so navedena v odstavku 3, za kritje kreditnih izpostavljenosti zaradi procesov plačil, kliringa in poravnave v SPPS v razmerju do dveh udeležencev, ki imata skupaj s svojimi povezanimi družbami najvišjo skupno kreditno izpostavljenost.
A SIPS operator, including one operating a DNS system with no settlement guarantee, but in which participants face credit exposures arising from the SIPS payment, clearing and settlement processes, shall have in place rules or contractual arrangements with these participants.
Upravljavec SPPS vzpostavi pravila in postopke za obravnavo izgub, ki so neposredna posledica tega, da udeleženec ali več udeležencev ne izpolni svojih obveznosti do SPPS.
The rules or contractual arrangements shall ensure that the participants provide sufficient resources, as referred to in paragraph 3, to cover credit exposures resulting from the SIPS payment, clearing and settlement processes in relation to the two participants which, together with their affiliates, have the largest aggregate credit exposure.
Ta pravila in postopki obravnavajo delitev morebitne nekrite izgube, vključno z vračilom vseh sredstev, ki si jih je morda upravljavec SPPS izposodil pri ponudnikih likvidnosti.
A SIPS operator shall establish rules and procedures to address losses directly resulting from defaults by one or more participants on their obligations to the SIPS.
Vključujejo pravila in postopke upravljavca SPPS v zvezi z obnovitvijo vseh finančnih sredstev, ki jih je SPPS uporabil med obremenitvijo, na raven, ki je določena v odstavkih 3 in 4.“;
These rules and procedures shall address the allocation of potentially uncovered losses, including the repayment of any funds a SIPS operator may borrow from liquidity providers.
člen 8 se nadomesti z naslednjim:
They shall include the SIPS operator's rules and procedures concerning the replenishment of any financial resources used by the SIPS during a stress event, to the level laid down in paragraphs 3 and 4.’;
„Člen 8
Article 8 is replaced by the following:
Likvidnostno tveganje
‘Article 8
Upravljavec SPPS vzpostavi celovit okvir za upravljanje likvidnostnih tveganj, ki jih povzročajo udeleženci SPPS, poravnalne banke, agenti nostro, skrbniške banke, ponudniki likvidnosti in drugi zadevni subjekti.
Liquidity risk
Upravljavec SPPS zagotovi udeležencem ustrezna orodja za učinkovito upravljanje njihove likvidnosti ter spremlja in olajšuje nemoten tok likvidnosti v sistemu.
A SIPS operator shall establish a comprehensive framework to manage liquidity risks posed by the SIPS's participants, settlement banks, nostro agents, custodian banks, liquidity providers and other relevant entities.
Upravljavec SPPS vzpostavi operativna in analitična orodja, ki mu omogočijo, da redno in pravočasno ugotavlja, meri in spremlja tokove poravnave in financiranja, vključno z uporabo likvidnosti čez dan.
The SIPS operator shall provide the participants with adequate tools to effectively manage their liquidity and shall monitor and facilitate the smooth flow of liquidity in the system.
se najkasneje v trenutku iz točke (a) zagotovijo zadostna likvidna sredstva v skladu z odstavki 3 do 6.
A SIPS operator shall put in place operational and analytical tools which enable it to identify, measure and monitor settlement and funding flows, including the use of intraday liquidity, on an ongoing and timely basis.
Upravljavec SPPS ima ali zagotovi, da imajo udeleženci, ves čas od trenutka, ko se vzpostavijo finančne obveznosti, zadostna likvidna sredstva v vseh valutah, v katerih posluje, da se poravnava finančnih obveznosti ob raznovrstnih možnih scenarijih obremenitev izvrši isti dan.
sufficient liquid resources are held in accordance with paragraphs 3 to 6 at the latest at the moment referred to in point (a).
Kjer je ustrezno, to vključuje poravnavo znotraj dne ali v več dneh.
A SIPS operator shall hold, or ensure that participants hold, sufficient liquid resources at all times as from the moment financial obligations are established, in all currencies in which it operates, to effect same-day settlement of financial obligations in a wide range of potential stress scenarios.
Scenariji obremenitev vključujejo: (a) neizpolnitev obveznosti v skrajnih, vendar možnih razmerah na trgu s strani udeleženca, ki ima skupaj s svojimi povezanimi družbami najvišjo skupno finančno obveznost, in (b) druge scenarije v skladu z odstavkom 11.
Where appropriate, this shall include intraday or multiday settlement.
Upravljavec SPPS, ki opravlja poravnavo enostranskih plačil v eurih, ima ali zagotovi, da imajo udeleženci, zadostna likvidna sredstva v skladu z odstavkom 3 za pravočasno izvršitev poravnave finančnih obveznosti v primeru neizpolnitve obveznosti udeleženca, ki ima skupaj s svojimi povezanimi družbami najvišjo skupno finančno obveznost, kakor je določeno v odstavku 3(a), v kateri koli od naslednjih oblik:
The stress scenarios shall include: (a) the default, under extreme but plausible market conditions, of the participant which, together with its affiliates, has the largest aggregate financial obligation; and (b) other scenarios in accordance with paragraph 11.
v denarju pri Eurosistemu ali