natgillin/translations-raw huggingface dataset:
The estimated figure for the annual notional amount shall be calculated by multiplying the inputs referred to in point (a) of the second subparagraph by the inputs referred to in point (c) of the second subparagraph and by dividing them by the inputs referred to in point (b) of the second subparagraph.
Ocenjena vrednost letnega nominalnega zneska se izračuna tako, da se vhodni podatki iz točke (a) drugega pododstavka zmnožijo z vhodnimi podatki iz točke (c) drugega pododstavka, rezultat pa se deli z vhodnimi podatki iz točke (b) drugega pododstavka.
Where a trading venue wishes to continue not to be bound by Article 36 of Regulation (EU) No 600/2014 for a further thirty month period at the end of the first, or any further, 30 month period, it shall include in its calculation of its annual notional amount in accordance with Article 36(5) of Regulation (EU) No 600/2014 all transactions in exchange-traded derivatives concluded under its rules in each of the first two rolling years of the previous thirty month period.
Če mesto trgovanja po zaključku prvega ali morebitnega dodatnega 30-mesečnega obdobja še nadaljnjih 30 mesecev ne želi biti zavezano s členom 36 Uredbe (EU) št. 600/2014, v izračun letnega nominalnega zneska v skladu z Uredbo (EU) št. 600/2014 vključi vse posle z izvedenimi finančnimi instrumenti, s katerimi se trguje na borzi, sklenjene v skladu z njegovimi pravili v vsakem od prvih dveh polnih let prejšnjega 30-mesečnega obdobja.
Where there are acceptable alternatives to calculating the annual notional amount for certain types of instruments, but there are notable differences in the values to which such calculation methods give rise, the calculation which gives the higher value shall be used.
Če obstajajo sprejemljive alternative za izračun nominalnega zneska za določene vrste instrumentov, vendar take metode izračuna privedejo do opaznih razlik v izračunanih vrednostih, se uporabi izračun, ki poda višjo vrednost.
In particular for derivatives, such as futures or options, including all types of commodity derivatives which are designated in units, the annual notional amount shall be the full value of the derivative's underlying assets at the relevant price at the time at which the transaction is concluded.
Zlasti za izvedene finančne instrumente, kot so terminske pogodbe ali opcije, vključno z vsemi vrstami izvedenih finančnih instrumentov na blago, ki so določeni v enotah, je letni nominalni znesek polna vrednost sredstev, ki so osnova izvedenega finančnega instrumenta, po zadevni ceni v trenutku, ko je posel sklenjen.
Approval and verification method by ESMA
Odobritev in metoda za preverjanja s strani ESMA
For the purposes of verification in accordance with Article 36(6)(d) of Regulation (EU) No 600/2014, the trading venue shall submit to ESMA on request all facts and figures on which the calculation is based.
Za namene preverjanja v skladu s členom 36(6)(d) Uredbe (EU) št. 600/2014 mesto trgovanja ESMA na zahtevo predloži vsa dejstva in številčne podatke, na katerih temelji izračun.
When verifying the submitted annual notional amount figures, ESMA shall also consider relevant post-trade data and annual statistics.
Pri preverjanju predloženih vrednosti letnih nominalnih zneskov ESMA upošteva tudi relevantne podatke po trgovanju in letne statistike.
ESMA shall approve or reject the opt-out within three months of the reception of all relevant information for the notification in accordance with either Article 16 or 17, including the information specified in Article 19.
ESMA odobri ali zavrne izvzetje v treh mesecih po prejemu vseh relevantnih informacij v okviru obveščanja v skladu s členom 16 ali 17, vključno z informacijami, določenimi v členu 19.
However, Articles 15, 16, 17, 19 and 20 shall apply from the entry into force of this Regulation.
Vendar se členi 15, 16, 17, 19 in 20 uporabljajo od datuma začetka veljavnosti te uredbe.
Done at Brussels, 24 June 2016
V Bruslju, 24. junija 2016
Directive 98/26/EC of the European Parliament and of the Council of 19 May 1998 on settlement finality in payment and securities settlement systems (OJ L 166, 11.6.1998, p. 45).
Direktiva 98/26/ES Evropskega parlamenta in Sveta z dne 19. maja 1998 o dokončnosti poravnave pri plačilih in sistemih poravnave vrednostnih papirjev (UL L 166, 11.6.1998, str. 45).
Commission Delegated Regulation (EU) No 153/2013 of 19 December 2012 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on requirements for central counterparties (OJ L 52, 23.2.2013, p. 41).
Delegirana uredba Komisije (EU) št. 153/2013 z dne 19. decembra 2012 o dopolnitvi Uredbe (EU) št. 648/2012 Evropskega parlamenta in Sveta v zvezi z regulativnimi tehničnimi standardi glede zahtev za centralne nasprotne stranke (UL L 52, 23.2.2013, str. 41).
Form 1
Obrazec 1
Notification referred to in Article 15
Obvestilo iz člena 15
Name of the CCP
Ime CNS
Relevant contact details
Relevantni kontaktni podatki
Name(s) of trading venue(s) connected by close links
Ime oz. imena tesno povezanih mest trgovanja
Jurisdiction(s) of trading venue(s) connected by close links
Jurisdikcija oz. jurisdikcije tesno povezanih mest trgovanja
Form 2
Obrazec 2
Notification referred to in Article 16
Obvestilo iz člena 16
Date of approval decision
Datum odločitve o odobritvi
Dates of beginning and end of transitional period
Datum začetka in datum konca prehodnega obdobja
Form 3.1
Obrazec 3.1
General notification referred to in Article 17
Splošno obvestilo iz člena 17
Name of the trading venue
Ime mesta trgovanja
Name(s) and jurisdiction(s) of trading venues in the same group based in the Union
Ime oz. imena in jurisdikcije mest trgovanja v isti skupini s sedežem v Uniji
Name(s) and jurisdiction(s) of CCP(s) connected by close links
Ime oz. imena in jurisdikcije tesno povezanih CNS
Form 3.2
Obrazec 3.2
Notification of notional amount referred to in Article 17
Obvestilo o nominalnem znesku iz člena 17
Trading Venue:
Mesto trgovanja:
Traded notional amount in 2016
Nominalni znesek trgovanja v letu 2016
Asset class X:
Razred sredstev X:
Asset class Y:
Razred sredstev Y:
Asset class Z:
Razred sredstev Z:
Form 4.1
Obrazec 4.1
General notification referred to in Article 18
Splošno obvestilo iz člena 18
Form 4.2
Obrazec 4.2
Notification of notional amount referred to in Article 18
Obvestilo o nominalnem znesku iz člena 18
Name of the trading venue:
Ime mesta trgovanja:
Notional amount for rolling year
Nominalni znesek za polno leto
supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards specifying the obligation to clear derivatives traded on regulated markets and timing of acceptance for clearing
o dopolnitvi Uredbe (EU) št. 600/2014 Evropskega parlamenta in Sveta v zvezi z regulativnimi tehničnimi standardi, ki podrobneje določajo obveznost kliringa za izvedene finančne instrumente, s katerimi se trguje na reguliranih trgih, in časovni okvir sprejetja za kliring
Having regard to Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012 [1], and in particular Article 29(3) thereof,
ob upoštevanju Uredbe (EU) št. 600/2014 Evropskega parlamenta in Sveta z dne 15. maja 2014 o trgih finančnih instrumentov in spremembi Uredbe (EU) št. 648/2012 [1] ter zlasti člena 29(3) Uredbe,
In order to manage operational and other risks when transactions in cleared derivatives are submitted and accepted for clearing and to provide certainty to counterparties as soon as possible, it is important to determine whether a cleared derivative transaction will be accepted for clearing by a CCP at an early stage, and to the extent possible before the transaction is entered into, as well as the consequences of a CCP not accepting for clearing the derivative transaction submitted.
Za upravljanje operativnih in drugih tveganj pri poslih z izvedenimi finančnimi instrumenti s kliringom, ki se predložijo in sprejmejo za kliring, ter za čimprejšnjo zagotovitev varnosti nasprotnim strankam, je treba v zgodnji fazi in, kolikor je mogoče, preden se posel sklene, določiti, ali bo CNS sprejela posel z izvedenimi finančnimi instrumenti s kliringom za kliring in kakšne so posledice za CNS, če predloženega posla z izvedenimi finančnimi instrumenti za kliring ne bi sprejela.
In order to apply scalable technical solutions ensuring that transactions in cleared derivatives can be submitted and accepted for clearing as quickly as technologically practicable, the information needed by a trading venue and a CCP to perform their tasks should be pre-determined and clearly set in the documentation of the trading venue and the CCP.
Da bi se lahko uporabile nadgradljive tehnične rešitve, ki zagotavljajo, da se posli z izvedenimi finančnimi instrumenti s kliringom lahko predložijo in sprejmejo za kliring, kakor hitro je to tehnološko mogoče, bi morali biti podatki, ki jih potrebujejo mesta trgovanja in CNS za opravljanje svojih nalog vnaprej določeni in jasno opredeljeni v dokumentaciji za mesto trgovanja in za CNS.
In order to appropriately price transactions in derivatives, counterparties take into account that centrally cleared transactions are subject to a different collateral regime than non-centrally cleared transactions, regardless of whether the transaction is cleared because it is mandated to be cleared or whether the transaction is cleared because the relevant parties have otherwise agreed for it to be cleared.
Da se ustrezno določijo cene poslov z izvedenimi finančnimi instrumenti, nasprotne stranke upoštevajo, da za posle, za katere se opravi centralni kliring, veljajo drugačni predpisi glede zavarovanja s premoženjem kot za posle, za katere se centralni kliring ne opravi, ne glede na to, ali se za posel opravi kliring, ker ga je treba opraviti, ali pa se za posel opravi kliring, ker so se ustrezne strani kako drugače dogovorile, da ga je treba opraviti.
Therefore, counterparties should benefit from having the same process and the same requirements for both mandatorily cleared and voluntarily cleared derivative transactions to ensure that cleared derivative transactions are submitted and accepted for clearing as soon as technologically practicable.
Zato bi morale nasprotne stranke imeti koristi, ker uporabljajo isti postopek in iste zahteve tako za obvezne posle z izvedenimi finančnimi instrumenti s kliringom kot za neobvezne, s čimer se zagotovi, da se posli z izvedenimi finančnimi instrumenti s kliringom predložijo in sprejmejo za kliring, kakor hitro je to tehnološko mogoče.
Where cleared derivative transactions are concluded on a trading venue, in order to identify before a transaction is entered into whether the transaction will be cleared by a CCP, the trading venue and the CCP should have rules to ensure that that transaction can be automatically cleared.
Kadar se posli z izvedenimi finančnimi instrumenti s kliringom sklenejo na mestu trgovanja, da se, preden se posel sklene, določi, ali bo CNS za posel opravila kliring, bi morala mesto trgovanja in CNS imeti predpise za zagotovitev, da se lahko kliring za navedni posel opravi samodejno.
Otherwise, the trading venue should provide the ability to clearing members of the CCP to check orders against the limits set for their clients.
V nasprotnem primeru bi moralo mesto trgovanja klirinškim članom CNS zagotoviti možnost, da za naročila preverijo omejitve, določene za svoje stranke.
The time granted to a trading venue to process a cleared derivative transaction should be shorter for electronically traded cleared derivative transactions than for non-electronically traded cleared derivative transactions as the level of automated processing should be higher in the former case.
Časovni okvir, odobren mestu trgovanja, da obdela posel z izvedenimi finančnimi instrumenti s kliringom, bi moral biti krajši za posle z izvedenimi finančnimi instrumenti s kliringom, s katerimi se trguje elektronsko, kot pa za posle z izvedenimi finančnimi instrumenti s kliringom, s katerimi se ne trguje elektronsko, saj bi morala biti v prvem primeru raven samodejne obdelave višja.
A trading venue should send the information related to cleared derivative transactions to a CCP in a pre-agreed electronic format for both electronically traded and non-electronically traded cleared derivative transactions.
Mesto trgovanja bi moralo informacije, povezane s posli z izvedenimi finančnimi instrumenti s kliringom, poslati CNS v predhodno dogovorjeni elektronski obliki tako za posle z izvedenimi finančnimi instrumenti s kliringom, s katerimi se trguje elektronsko, kot za posle z izvedenimi finančnimi instrumenti s kliringom, s katerimi se ne trguje elektronsko.
Therefore, the time granted to a CCP to decide whether a cleared derivative transaction can be accepted for clearing should be the same for electronically traded and non-electronically traded cleared derivative transactions.
Zato bi moral biti časovni okvir, ki ga ima CNS na voljo, da odloči, ali se posel z izvedenimi finančnimi instrumenti s kliringom lahko sprejme za kliring, enak tako za posle z izvedenimi finančnimi instrumenti s kliringom, s katerimi se trguje elektronsko, kot za posle z izvedenimi finančnimi instrumenti s kliringom, s katerimi se ne trguje elektronsko.
The processing of cleared derivative transactions entered into on a bilateral basis is usually less automated than the processing of cleared derivative transactions concluded on a trading venue.
Obdelava poslov z izvedenimi finančnimi instrumenti s kliringom, sklenjenih dvostransko, je ponavadi manj samodejna od obdelave poslov z izvedenimi finančnimi instrumenti s kliringom, sklenjenih na mestu trgovanja.
Therefore, the time granted to counterparties to submit a cleared derivative transaction entered into on a bilateral basis to a CCP should be longer than the time granted for a cleared derivative transaction concluded on a trading venue.
Časovni okvir, ki ga imajo na voljo nasprotne stranke, da posel z izvedenimi finančnimi instrumenti s kliringom, sklenjen dvostransko, predložijo CNS, bi moral zato biti daljši od časovnega okvira, ki se odobri za posel z izvedenimi finančnimi instrumenti s kliringom, sklenjen na mestu trgovanja.
In order to manage the credit risks related to cleared derivative transactions that are entered into on a bilateral basis, a CCP should allow clearing members to review the transaction details of their clients and to decide whether to accept it.
Za obvladovanje kreditnega tveganja v zvezi s posli z izvedenimi finančnimi instrumenti s kliringom, ki se sklenejo na dvostranski podlagi, bi morala CNS klirinškim članom omogočiti, da preverijo podrobnosti vsakega posla svojih strank in odločijo, ali ga bodo sprejeli.
As the process between a CCP and a clearing member is usually automated, this process should require limited time.
Ker je postopek med CNS in klirinškim članom ponavadi samodejen, bi moral biti časovno omejen.
CCPs as well as clearing members manage credit risk associated to the build-up of current exposures resulting from the clearing of cleared derivatives.
CNS in klirinški člani obvladujejo kreditno tveganje, povezano s kopičenjem trenutnih izpostavljenosti, ki nastanejo zaradi kliringa izvedenih finančnih instrumentov s kliringom.
Typically, this includes the setting of limits by the CCP or the clearing member per counterparty in order to mitigate the associated exposure risk, which can result in new requests to clear certain cleared derivative transactions not being accepted by the clearing member or by the CCP.
Ponavadi to pomeni, da CNS ali klirinški član določi omejitve za vsako nasprotno stranko, da se zmanjša povezano tveganje zaradi izpostavljenosti, kar lahko povzroči, da CNS ali klirinški član ne bo sprejel novih zahtevkov za kliring določenih poslov z izvedenimi finančnimi instrumenti s kliringom.
Ensuring that cleared derivative transactions are submitted to clearing as quickly as technologically practicable does not therefore imply that all cleared derivative transactions will be accepted for clearing in all circumstances.
Zagotavljanje, da se posli z izvedenimi finančnimi instrumenti s kliringom predložijo za kliring, kakor hitro je tehnološko izvedljivo, torej ne pomeni, da bodo vsi posli z izvedenimi finančnimi instrumenti s kliringom sprejeti za kliring v vseh okoliščinah.
Where cleared derivative transactions are not accepted for clearing, counterparties should have clarity on the treatment of those transactions in order to hedge their risk.
Če posli z izvedenimi finančnimi instrumenti s kliringom niso sprejeti za kliring, bi morale nasprotne stranke imeti informacije o obravnavi navedenih poslov, da se zavarujejo pred tveganji.
As the processing of a cleared derivative transaction concluded electronically on a trading venue and submitted for clearing to a CCP requires limited time, the time for the market to move, and for the value and the risk of the cleared derivative transaction to change, in between the order and the non-acceptance is also very limited.
Ker je obdelava posla z izvedenimi finančnimi instrumenti s kliringom, ki se sklene elektronsko na mestu trgovanja in se predloži CNS za kliring, časovno omejena, je zelo omejen tudi čas med naročilom in nesprejetjem posla, v katerem se zgodi premik na trgu ter se vrednost in tveganje za posel z izvedenimi finančnimi instrumenti s kliringom spremenita.
Since the damage potentially suffered by counterparties whose transactions are not accepted for clearing by the CCP is negligible, and in order to provide certainty to counterparties, cleared derivative transactions concluded electronically on a trading venue and not accepted for clearing by a CCP should be considered void.
Ker je škoda, ki bi jo lahko utrpele nasprotne stranke, katerih posle CNS ne sprejme za kliring, zanemarljiva in da se nasprotnim strankam zagotovi varnost, bi bilo treba posle z izvedenimi finančnimi instrumenti s kliringom, ki se sklenejo elektronsko na mestu trgovanja in jih CNS ne sprejme za kliring, šteti za nične.
As the processing of cleared derivative transactions other than cleared derivative transactions concluded electronically on a trading venue usually takes a longer time, this period of time may be sufficiently long for the market to have moved, and for the value and the risk of the cleared derivative transaction to have changed significantly, in the meantime.
Ker je obdelava poslov z izvedenimi finančnimi instrumenti s kliringom, ki niso posli z izvedenimi finančnimi instrumenti s kliringom, sklenjeni elektronsko na mestu trgovanja, dolgotrajnejša, je lahko to časovno obdobje dovolj dolgo, da se medtem zgodi premik na trgu ter se znatno spremenita vrednost in tveganje za posel z izvedenimi finančnimi instrumenti s kliringom.
Therefore, voiding the transaction might not be the appropriate treatment for all transactions non-accepted by the CCP.
Zato razglasitev ničnosti posla mogoče ni najprimernejša obravnava za vse posle, ki jih CNS ne sprejme.
To provide certainty on the treatment of cleared derivative transactions other than cleared derivative transactions concluded electronically on a trading venue and not accepted by a CCP for clearing, the rules of the trading venue, and the contractual arrangements between the counterparties where appropriate, should clarify in advance how these transactions are to be treated.
Da se zagotovi varnost pri obravnavi poslov z izvedenimi finančnimi instrumenti s kliringom, razen poslov z izvedenimi finančnimi instrumenti s kliringom, ki se sklenejo elektronsko na mestu trgovanja in jih CNS ne sprejme za kliring, bi morala pravila mesta trgovanja in pogodbeni dogovori med nasprotnimi strankami po potrebi vnaprej določati, kako se ti posli obravnavajo.
When a cleared derivative transaction is not accepted for clearing for reasons other than credit-risk related reasons such as technical or clerical problems arising from the transmission of inaccurate or incomplete information, the counterparties may still want to clear that derivative transaction.
Če se posel z izvedenimi finančnimi instrumenti s kliringom ne sprejme za kliring zaradi razlogov, ki niso povezani s kreditnimi tveganji, kot so tehnične ali administrativne težave, ki izhajajo iz posredovanja nenatančnih ali nepopolnih informacij, obstaja verjetnost, da bi nasprotne stranke še vedno želele opraviti kliring za navedeni posel.
Where both counterparties agree to re-submit the transaction, provided that the transaction is resubmitted within a relatively short period of time from the first submission and that resubmission allows the investigation and the resolution of the reason why the transaction was not accepted for clearing, a second submission in the form of a new cleared derivative transaction with the same economic terms may be allowed as it still ensures proper management of operational or other non-credit related risks.
Kadar se obe nasprotni stranki sporazumeta, da bosta ponovno predložili posel za kliring, se lahko dovoli druga predložitev v obliki novega posla z izvedenimi finančnimi instrumenti s kliringom pod istimi gospodarskimi pogoji, saj je s tem še vedno zagotovljeno ustrezno upravljanje operativnih ali drugih nekreditnih povezanih tveganj, pod pogojem da se posel ponovno predloži v sorazmerno kratkem obdobju od prve predložitve in da ponovna predložitev omogoča preiskavo in odpravo vzroka, zakaj posel ni bil sprejet za kliring.
Arrangements to facilitate the transfer of information
Ureditve za olajšanje prenosa informacij
A trading venue shall detail in its rules the information it needs from counterparties to a cleared derivative transaction in order to submit that transaction to a CCP for clearing, and the format in which that information shall be provided.
Mesto trgovanja v svojih pravilih podrobno določi informacije, ki jih mora za posel z izvedenimi finančnimi instrumenti s kliringom prejeti od nasprotne stranke, da se navedeni posel lahko predloži CNS za kliring, ter obliko, v kateri se zagotovijo te informacije.
A CCP shall detail in its rules the information it needs from counterparties to a cleared derivative transaction and from trading venues in order to clear that transaction, and the format in which that information shall be provided.
CNS v svojih pravilih podrobno določi informacije, ki jih mora za posel z izvedenimi finančnimi instrumenti s kliringom prejeti od nasprotne stranke in mest trgovanja, da se za navedeni posel lahko opravi kliring, ter obliko, v kateri se zagotovijo te informacije.
Pre-trade check for cleared derivative transactions concluded on a trading venue
Pregledi pred trgovanjem za posle z izvedenimi finančnimi instrumenti s kliringom, ki se sklenejo na mestu trgovanja
Trading venues and clearing members shall subject orders for the conclusion of cleared derivative transactions on a trading venue to the requirements set out in paragraphs 2, 3 and 4, except where all the conditions set out in points (a), (b) and (c) of this paragraph are satisfied:
Mesta trgovanja in klirinški člani za naročila za posle z izvedenimi finančnimi instrumenti s kliringom, ki se sklenejo na mestu trgovanja, uporabijo zahteve iz odstavkov 2, 3 in 4, razen kadar so izpolnjeni vsi pogoji iz točk (a), (b) in (c) tega odstavka:
the rules of the trading venue require that each member or participant of the trading venue, which is not a clearing member of a CCP through which the cleared derivative transaction is cleared, has a contractual arrangement with a clearing member of the CCP under which the clearing member automatically becomes counterparty to the cleared derivative transaction;
pravila mesta trgovanja zahtevajo, da ima vsak član ali udeleženec na mestu trgovanja, ki ni klirinški član CNS, prek katere se opravi kliring za posel z izvedenimi finančnimi instrumenti s kliringom, pogodbeni dogovor s klirinškim članom CNS, v skladu s katerim klirinški član pri poslu z izvedenimi finančnimi instrumenti s kliringom samodejno postane nasprotna stranka;