natgillin/translations-raw huggingface dataset:
a summary of any basis of valuation or methodology and the underlying assumptions used to either evaluate a financial instrument or an issuer, or to set a price target for a financial instrument, as well as an indication and a summary of any changes in the valuation, methodology or underlying assumptions;
povzetek vsake osnove za vrednotenje ali metodologije in osnovne predpostavke, ki so se uporabile bodisi za vrednotenje finančnega instrumenta ali izdajatelja bodisi za določitev ciljne cene za finančni instrument, kot tudi navedbo in povzetek vseh sprememb vrednotenja, metodologije ali osnovnih predpostavk;
an indication of the place where detailed information about the valuation or methodology and the underlying assumptions is directly and easily accessible, in the event that the person who produces recommendations has not used proprietary models;
mesto, kjer so neposredno in enostavno dostopne natančne informacije o vrednotenju ali metodologiji in osnovnih predpostavkah, če oseba, ki je pripravila priporočila, ni uporabila lastniških modelov;
an indication of the place where material information about the proprietary models used is directly and easily accessible, in the event that the person who produces recommendations has used proprietary models;
mesto, kjer so neposredno in enostavno dostopne pomembne informacije o uporabljenih lastniških modelih, če je oseba, ki je pripravila priporočila, uporabila lastniške modele;
the meaning of any recommendation made, such as the recommendations to ‘buy’, ‘sell’ or ‘hold’, and the length of time of the investment to which the recommendation relates are adequately explained and any appropriate risk warning, which shall include a sensitivity analysis of the assumptions, is indicated;
ustrezno obrazložijo pomen pripravljenega priporočila, kot so na primer priporočila „kupi“, „prodaj“ ali „zadrži“, ter trajanje naložbe, na katero se priporočilo nanaša, poleg tega navedejo ustrezno opozorilo glede morebitnih tveganj, vključno z analizo občutljivosti predpostavk;
a reference to the planned frequency of updates to the recommendation;
sklic na načrtovano pogostost posodabljanja priporočila;
an indication of the relevant date and time for any price of financial instruments mentioned in the recommendation;
zadevni datum in uro za vsako ceno finančnega instrumenta, omenjeno v priporočilu;
where a recommendation differs from any of their previous recommendations concerning the same financial instrument or issuer that has been disseminated during the preceding 12-month period, the change(s) and the date of that previous recommendation are indicated; and
kadar se priporočilo razlikuje od katerega koli od njihovih preteklih priporočil v zvezi z istim finančnim instrumentom ali izdajateljem, ki so bila razširjena v predhodnem 12-mesečnem obdobju, navedejo spremembe in datum predhodnega priporočila; ter
a list of all their recommendations on any financial instrument or issuer that were disseminated during the preceding 12-month period, containing for each recommendation: the date of dissemination, the identity of the natural person(s) referred to in Article 2(1)(a), the price target and the relevant market price at the time of dissemination, the direction of the recommendation and the validity time period of the price target or of the recommendation.
seznam vseh njihovih priporočil o katerem koli finančnem instrumentu ali izdajatelju, ki so jih razširili v predhodnem 12-mesečnem obdobju, pri čemer za vsako priporočilo navedejo: datum razširjanja priporočila, identiteto fizičnih oseb iz člena 2(1)(a), ciljno ceno in zadevno tržno ceno v času razširjanja priporočila, smer priporočila in trajanje veljavnosti ciljne cene ali priporočila.
Where the disclosure of the information required in points (b), (e) or (i) of paragraph 1 is disproportionate in relation to the length or form of the recommendation, including in the case of a non-written recommendation that is made using modalities, such as meetings, road shows, audio or video conferences, as well as radio, television or website interviews, the person who produces recommendations shall state in the recommendation where the required information can be directly and easily accessed by the persons receiving the recommendation free of charge.
Kadar je razkritje informacij, ki se zahtevajo v točki (b), (e) ali (i) odstavka 1, nesorazmerno glede na dolžino ali obliko priporočila, vključno v primeru nenapisanega priporočila, ki se poda na sestankih, turnejah ali prek avdio- ali video konferenc ter prek radijskih, televizijskih ali spletnih intervjujev, oseba, ki pripravi oziroma poda priporočilo, v priporočilu navede, kje lahko osebe, ki brezplačno prejmejo priporočilo, neposredno in enostavno dostopajo do potrebnih informacij.
General obligations in relation to disclosure of interests or of conflicts of interest
Splošne obveznosti v zvezi z razkritjem interesov ali nasprotij interesov
Persons who produce recommendations shall disclose in their recommendations all relationships and circumstances that may reasonably be expected to impair the objectivity of the recommendation, including interests or conflicts of interest, on their part or on the part of any natural or legal person working for them under a contract, including a contract of employment, or otherwise, who was involved in producing the recommendation, concerning any financial instrument or the issuer to which the recommendation directly or indirectly relates.
Osebe, ki pripravijo priporočila, v svojih priporočilih razkrijejo vsa svoja razmerja in okoliščine kot tudi razmerja in okoliščine vsake fizične ali pravne osebe, ki dela zanje na podlagi pogodbe, vključno s pogodbo o zaposlitvi, ali drugače ter ki je sodelovala pri pripravi priporočila, v zvezi s katerim koli finančnim instrumentom ali izdajateljem, na katerega se priporočilo posredno ali neposredno nanaša, za katere je mogoče razumno pričakovati, da bodo vplivali na objektivnost priporočila, vključno z interesi ali nasprotji interesov.
Where a person who produces recommendations referred to in paragraph 1 is a legal person, the information to be disclosed in accordance with paragraph 1 shall also include any interests or conflicts of interest of any person belonging to the same group that are:
Kadar je oseba, ki pripravi priporočila iz odstavka 1, pravna oseba, informacije, ki jih mora razkriti v skladu z odstavkom 1, vključujejo tudi vse interese ali nasprotja interesov oseb, ki pripadajo isti skupini ter:
known, or reasonably expected to be known, to the persons involved in the production of the recommendation; or
jih osebe, ki sodelujejo pri pripravi priporočila, poznajo ali je zanje razumno mogoče pričakovati, da jih poznajo; ali
known to persons who, although not involved in the production of the recommendation, have or could reasonably be expected to have, access to the recommendation prior to its completion.
jih poznajo osebe, ki sicer ne sodelujejo pri pripravi priporočila, vendar imajo dostop do priporočila oziroma je zanje razumno mogoče pričakovati, da tak dostop imajo, preden je priporočilo dokončano.
Where a person who produces recommendations referred to in paragraph 1 is a natural person, the information to be disclosed in accordance with paragraph 1 shall also include any interests or conflicts of interest of any person closely associated with him.
Kadar je oseba, ki pripravi priporočila iz odstavka 1, fizična oseba, informacije, ki jih mora razkriti v skladu z odstavkom 1, vključujejo tudi vse interese ali nasprotja interesov oseb, ki so tesno povezane z njo.
Additional obligations in relation to disclosure of interests or of conflicts of interest by persons referred to in Article 3(1)(34)(i) of Regulation (EU) No 596/2014 and experts
Dodatne obveznosti v zvezi z razkritjem interesov ali nasprotij interesov s strani oseb iz člena 3(1)(34)(i) Uredbe (EU) št. 596/2014 in strokovnjakov
In addition to the information required in Article 5, a person referred to in Article 3(1)(34)(i) of Regulation (EU) No 596/2014 and an expert shall include in the recommendation the following information on their interests and conflicts of interest concerning the issuer to which the recommendation, directly or indirectly, relates:
Poleg informacij iz člena 5 oseba iz člena 3(1)(34)(i) Uredbe (EU) št. 596/2014 in strokovnjak v priporočilu navedeta naslednje informacije o svojih interesih in nasprotjih interesov v zvezi z izdajateljem, na katerega se priporočilo neposredno ali posredno nanaša:
if it owns a net long or short position exceeding the threshold of 0,5 % of the total issued share capital of the issuer, calculated in accordance with Article 3 of Regulation (EU) No 236/2012 and with Chapters III and IV of Commission Delegated Regulation (EU) No 918/2012 [6], a statement to that effect specifying whether the net position is long or short;
če ima v lasti neto dolgo ali kratko pozicijo v izdanem delniškem kapitalu izdajatelja, ki presega prag 0,5 %, izračunano v skladu s členom 3 Uredbe (EU) št. 236/2012 ter v skladu s poglavjema III in IV Delegirane uredbe Komisije (EU) št. 918/2012 [6], izjavo v zvezi s tem, v kateri je navedeno, ali je neto pozicija dolga ali kratka;
if holdings exceeding 5 % of its total issued share capital are held by the issuer, a statement to that effect;
če ima izdajatelj v lasti več kot 5 % njenega oziroma njegovega celotnega izdanega delniškega kapitala, izjavo v zvezi s tem;
if the person producing the recommendation or any other person belonging to the same group with that person:
če je oseba, ki pripravi priporočilo, ali katera koli druga oseba, ki pripada isti skupini:
is a market maker or liquidity provider in the financial instruments of the issuer, a statement to that effect;
vzdrževalec trga ali ponudnik likvidnosti za finančne instrumente izdajatelja, izjavo v zvezi s tem;
has been lead manager or co-lead manager over the previous 12 months of any publicly disclosed offer of financial instruments of the issuer, a statement to that effect;
glavni poslovodja ali namestnik glavnega poslovodje v obdobju 12 mesecev pred vsakršno javno razkrito ponudbo finančnih instrumentov izdajatelja, izjavo v zvezi s tem;
is party to an agreement with the issuer relating to the provision of services of investment firms set out in Sections A and B of Annex I to Directive 2014/65/EU of the European Parliament and of the Council [7], a statement to that effect, provided that this would not entail the disclosure of any confidential commercial information and that the agreement has been in effect over the previous 12 months or has given rise during the same period to the obligation to pay or receive compensation;
stranka v sporazumu z izdajateljem o opravljanju storitev investicijskih podjetij, kot so opredeljene v oddelkih A in B Priloge I k Direktivi 2014/65/EU Evropskega parlamenta in Sveta [7], izjavo v zvezi s tem, pod pogojem, da to ne bi pomenilo razkritja kakršne koli zaupne poslovne informacije in da je sporazum veljal v predhodnih 12 mesecih ali je na podlagi navedenega sporazuma v tem obdobju začela veljati obveznost plačila odškodnine ali njenega prejema;
is party to an agreement with the issuer relating to the production of the recommendation, a statement to that effect.
stranka v sporazumu z izdajateljem o pripravi priporočila, izjavo v zvezi s tem.
Where the person referred to in paragraph 1 is an investment firm, a credit institution, or a natural or a legal person working for an investment firm or credit institution under a contract, including a contract of employment, or otherwise, that person shall, in addition to the information laid down in paragraph 1, include the following information in the recommendation:
Kadar je oseba iz odstavka 1 investicijsko podjetje, kreditna institucija ali fizična ali pravna oseba, ki dela za investicijsko podjetje ali kreditno institucijo na podlagi pogodbe, vključno s pogodbo o zaposlitvi, ali drugače, ta oseba poleg informacij iz odstavka 1 v priporočilu navede naslednje informacije:
a description of the effective internal organisational and administrative arrangements and of any information barrier it has set up for the prevention and avoidance of conflicts of interest with respect to the recommendations;
opis dejanske notranje organizacije in upravnih ureditev ter vsake informacijske prepreke, ki jih je vzpostavila, da bi preprečila oziroma se izognila nasprotjem interesov v zvezi s priporočili;
if the remuneration of natural or legal persons working for it under a contract of employment or otherwise, and who were involved in producing the recommendation, is directly tied to transactions in services of investment firms set out in Sections A and B of Annex I to Directive 2014/65/EU or other type of transactions it or any legal person part of the same group performs, or to trading fees it or any legal person that is part of the same group receives, a statement to that effect;
če je plačilo fizičnih ali pravnih oseb, ki delajo zanjo na podlagi pogodbe o zaposlitvi ali drugače in ki so sodelovale pri pripravi priporočila, neposredno vezano na posle v okviru storitev investicijskih podjetij, opredeljenih v oddelkih A in B Priloge I k Direktivi 2014/65/EU, ali na druge vrste poslov, ki jih opravlja ali jih opravlja druga pravna oseba, ki je del iste skupine, ali na trgovalne provizije, ki jih prejme ali jih prejme druga pravna oseba, ki je del iste skupine, izjavo v zvezi s tem;
information on the price and date of acquisition of shares where natural persons working for the person referred to in the first subparagraph under a contract of employment or otherwise, and who were involved in producing the recommendation, receive or purchase the shares of the issuer to which the recommendation, directly or indirectly, relates, prior to a public offering of such shares.
informacije o ceni in datumu pridobitve delnic, kadar fizične osebe, ki delajo za osebo iz prvega pododstavka na podlagi pogodbe o zaposlitvi ali drugače in ki so sodelovale pri pripravi priporočila, prejmejo ali kupijo delnice izdajatelja, na katerega se priporočilo posredno ali neposredno nanaša, pred javno ponudbo teh delnic.
Where the person referred to in paragraph 1 is an investment firm, a credit institution, or a natural or legal person working for an investment firm or credit institution under a contract, including a contract of employment, or otherwise, that person shall publish, on a quarterly basis, the proportion of all recommendations that are ‘buy’, ‘hold’, ‘sell’ or equivalent terms over the previous 12 months, and the proportion of issuers corresponding to each of those categories to which such person has supplied material services of investment firms set out in Sections A and B of Annex I to Directive 2014/65/EU over the previous 12 months.
Kadar je oseba iz odstavka 1 investicijsko podjetje, kreditna institucija ali fizična ali pravna oseba, ki dela za investicijsko podjetje ali kreditno institucijo na podlagi pogodbe, vključno s pogodbo o zaposlitvi, ali drugače, ta oseba vsako četrtletje objavi delež vseh priporočil v predhodnih 12 mesecih, ki so se glasila „kupi“, „zadrži“, „prodaj“ ali so vsebovala podobne izraze, ter delež izdajateljev, ki ustrezajo vsaki od teh kategorij, za katere je oseba v predhodnih 12 mesecih opravila pomembne storitve investicijskega podjetja, kot so opredeljene v oddelkih A in B Priloge I k Direktivi 2014/65/EU.
Where the disclosure of the information referred to in paragraphs 1 and 2 is disproportionate in relation to the length or form of the recommendation, including in the case of a non-written recommendation that is made using modalities, such as meetings, road shows or audio or video conferences, as well as radio, television or website interviews, the person who produces recommendations shall state in the recommendation where the required information can be directly and easily accessed by the persons receiving the recommendation free of charge.
Kadar je razkritje informacij iz odstavkov 1 in 2 nesorazmerno glede na dolžino ali obliko priporočila, vključno v primeru nenapisanega priporočila, ki se poda na sestankih, turnejah ali prek avdio- ali video konferenc ter prek radijskih, televizijskih ali spletnih intervjujev, oseba, ki pripravi oziroma poda priporočilo, v priporočilu navede, kje lahko osebe, ki brezplačno prejmejo priporočilo, neposredno in enostavno dostopajo do potrebnih informacij.
Dissemination of recommendations by the producer
Razširjanje priporočil s strani pripravljavca
Where a person producing recommendations disseminates a recommendation it produced, it shall include in the recommendation the date and time when the recommendation was first disseminated.
Če oseba, ki pripravi priporočilo, to priporočilo tudi razširi, v priporočilu navede tudi datum in uro prvega razširjanja priporočila.
DISSEMINATION OF RECOMMENDATIONS PRODUCED BY THIRD PARTIES
RAZŠIRJANJE PRIPOROČIL, KI JIH PRIPRAVIJO TRETJE OSEBE
Arrangements for dissemination of recommendations
Ureditve za razširjanje priporočil
Persons who disseminate recommendations produced by a third party shall communicate to the persons receiving the recommendations the following information:
Osebe, ki razširjajo priporočila, ki jih pripravijo tretje osebe, prejemniku priporočil sporočijo naslednje informacije:
their identity, in a clear and prominent manner;
identiteto tretje osebe na jasen in viden način;
all relationships and circumstances that may reasonably be expected to impair the objective presentation of the recommendation, including interests or conflicts of interest concerning any financial instrument or the issuer to which the recommendation, directly or indirectly, relates;
vsa razmerja in okoliščine v zvezi s katerim koli finančnim instrumentom ali izdajateljem, na katerega se priporočilo posredno ali neposredno nanaša, za katere je mogoče razumno pričakovati, da bodo vplivali na objektivno predstavitev priporočila, vključno z interesi ali nasprotji interesov;
the date and time when the recommendation is first disseminated.
datum in uro prvega razširjanja priporočila.
Where a person referred to in paragraph 1 is an investment firm, a credit institution, or a natural or legal person working for an investment firm or a credit institution under a contract, including a contract of employment, or otherwise, that person shall, in addition to the information laid down in paragraph 1, communicate to the persons receiving the recommendations the following information:
Kadar je oseba iz odstavka 1 investicijsko podjetje, kreditna institucija ali fizična ali pravna oseba, ki dela za investicijsko podjetje ali kreditno institucijo na podlagi pogodbe, vključno s pogodbo o zaposlitvi, ali drugače, ta oseba poleg informacij iz odstavka 1 prejemnikom priporočil sporoči naslednje informacije:
the identity of the relevant competent authority;
identiteto zadevnega pristojnega organa;
its own interests or indication of conflicts of interest as laid down in Article 5 and Article 6(1) and (2), unless that person is acting as the disseminating channel of the recommendations produced within the same group without exercising any discretion as to the selection of the recommendation to disseminate.
svoje lastne interese ali nasprotja interesov, kot je določeno v členu 5 ter členu 6(1) in (2), razen če ta oseba deluje kot kanal za razširjanje priporočil, ki so bila pripravljena znotraj iste skupine, ne da bi pri tem uveljavljala kakršno koli diskrecijsko pravico glede izbora priporočila za razširjanje.
Additional arrangements for dissemination of summary or extract of recommendations
Dodatne ureditve za razširjanje povzetka ali izvlečka priporočil
In addition to the information laid down in Article 8, persons who disseminate a summary or an extract of a recommendation produced by a third party shall ensure that such summary or extract:
Poleg informacij iz člena 8 osebe, ki razširjajo povzetek ali izvleček priporočila, ki ga je pripravila tretja oseba, zagotovijo, da je tak povzetek ali izvleček:
is clear and not misleading;
jasen in ni zavajajoč;
is identified as a summary or extract;
opredeljen kot povzetek ali izvleček;
includes a clear identification of the original recommendation.
vključuje jasno opredelitev izvirnega priporočila.
The persons referred to in paragraph 1 shall also ensure that the information regarding the producer of the recommendation set out in Articles 2 to 6 is made available either directly, in the summary or in the extract itself, or through reference to the place where that information can be accessed by the persons receiving the summary or extract of the recommendation free of charge.
Osebe iz odstavka 1 zagotovijo, da so informacije o pripravljavcu priporočila, določene v členih 2 do 6, na voljo neposredno v samem povzetku ali izvlečku ali prek sklica na mesto, kjer lahko osebe, ki prejmejo povzetek ali izvleček priporočila, brezplačno dostopajo do teh informacij.
Additional arrangements for dissemination of substantially altered recommendations
Dodatne ureditve za razširjanje bistveno spremenjenih priporočil
In addition to the information laid down in Article 8, persons who disseminate a recommendation produced by a third party that is substantially altered, shall ensure that the recommendation clearly indicates the substantial alteration in detail.
Poleg informacij, ki so določene v členu 8, osebe, ki razširjajo priporočilo, ki ga je pripravila tretja oseba in ki je bistveno spremenjeno, zagotovijo, da se v priporočilu jasno in podrobno navede bistvena sprememba.
The persons referred to in paragraph 1 shall meet the requirements laid down in Articles 2 to 5 to the extent of the substantial alteration and include in the substantially altered recommendation a reference to the place where the information regarding the producer of the original recommendation set out in Articles 2 to 6 can be accessed by the persons receiving the substantially altered recommendation free of charge.
Osebe iz odstavka 1 izpolnjujejo zahteve iz členov od 2 do 5, v kolikor so te v skladu z bistveno spremembo, ter v bistveno spremenjeno priporočilo vključijo sklic na mesto, kjer lahko osebe, ki prejmejo bistveno spremenjena priporočila, brezplačno dostopajo do informacij o pripravljavcu izvirnega priporočila, določenih v členih 2 do 6.
Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012 on short selling and certain aspects of credit default swap (OJ L 86, 24.3.2012, p. 1).
Uredba (EU) št. 236/2012 Evropskega parlamenta in Sveta z dne 14. marca 2012 o prodaji na kratko in določenih vidikih poslov kreditnih zamenjav (UL L 86, 24.3.2012, str. 1).
Commission Implementing Regulation (EU) 2016/959
Izvedbena uredba Komisije (EU) 2016/959
laying down implementing technical standards for market soundings with regard to the systems and notification templates to be used by disclosing market participants and the format of the records in accordance with Regulation (EU) No 596/2014 of the European Parliament and of the Council
o določitvi izvedbenih tehničnih standardov za sondiranja trga glede sistemov in predlog obvestil, ki jih uporabljajo udeleženci na trgu, ki razkrivajo informacije, ter glede oblike evidenc v skladu z Uredbo (EU) št. 596/2014 Evropskega parlamenta in Sveta
Having regard to Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC [1], and in particular the third subparagraph of Article 11(10) thereof,
ob upoštevanju Uredbe (EU) št. 596/2014 Evropskega parlamenta in Sveta z dne 16. aprila 2014 o zlorabi trga (uredba o zlorabi trga) ter razveljavitvi Direktive 2003/6/ES Evropskega parlamenta in Sveta ter direktiv Sveta in Komisije 2003/124/ES, 2003/125/ES in 2004/72/ES [1] in zlasti tretjega pododstavka člena 11(10) Uredbe,
Disclosing market participants are to keep records of the communications of information taking place for the purposes of the market soundings between themselves and all persons receiving the market soundings.
Udeleženci na trgu, ki razkrivajo informacije, morajo hraniti evidence o sporočanju informacij za namene sondiranj trga med njimi in vsemi prejemniki sondiranj trga.