natgillin/translations-raw huggingface dataset:
The complete audit trail of the material steps in the underwriting and placing process shall be made available to competent authorities upon request.
Hrani se evidenca odločitev o alokaciji finančnih instrumentov v zvezi z vsakim poslom, da je zagotovljena popolna revizijska sled med premiki, evidentiranimi v računovodskih evidencah stranke, ter navodili, ki jih je prejelo investicijsko podjetje.
CHAPTER III
Zlasti se jasno utemelji in evidentira končna alokacija finančnih instrumentov vsaki stranki, ki je vlagatelj.
OPERATING CONDITIONS FOR INVESTMENT FIRMS
Pristojnim organom se na zahtevo predloži popolna revizijska sled pomembnih korakov pri postopku izvedbe prve prodaje in plasiranja.
Information to clients and potential clients
POGLAVJE III
Article 44
POGOJI POSLOVANJA INVESTICIJSKIH PODJETIJ
Fair, clear and not misleading information requirements
Informacije za stranke in potencialne stranke
Investment firms shall ensure that all information they address to, or disseminate in such a way that it is likely to be received by, retail or professional clients or potential retail or professional clients, including marketing communications, satisfies the conditions laid down in paragraphs 2 to 8.
Člen 44
Investment firm shall ensure that the information referred to in paragraph 1 complies with the following conditions:
Zahteve glede poštenih, jasnih in nezavajajočih informacij
the information includes the name of the investment firm,
Investicijska podjetja zagotovijo, da vse informacije, ki jih naslovijo na neprofesionalne ali profesionalne stranke ali potencialne neprofesionalne ali profesionalne stranke, ali jih objavijo na takšen način, da jih bodo zelo verjetno prejele neprofesionalne ali profesionalne stranke ali potencialne neprofesionalne ali profesionalne stranke, vključno s tržnimi sporočili, izpolnjujejo pogoje iz odstavkov 2 do 8.
the information is accurate and always gives a fair and prominent indication of any relevant risks when referencing any potential benefits of an investment service or financial instrument,
Investicijsko podjetje zagotovi, da informacije iz odstavka 1 izpolnjujejo naslednje pogoje:
the information uses a font size in the indication of relevant risks that is at least equal to the predominant font size used throughout the information provided, as well as a layout ensuring such indication is prominent,
informacije vključujejo naziv investicijskega podjetja;
the information is sufficient for, and presented in a way that is likely to be understood by, the average member of the group to whom it is directed, or by whom it is likely to be received,
informacije so točne ter vedno pošteno in vidno prikazujejo vsa relevantna tveganja pri navajanju vseh potencialnih koristi investicijske storitve ali finančnega instrumenta;
the information does not disguise, diminish or obscure important items, statements or warnings,
v informacijah je za navedbo relevantnih tveganj uporabljena velikost pisave, ki je vsaj enaka prevladujoči velikosti pisave, ki se uporablja v vseh zagotovljenih informacijah, postavitev besedila pa zagotavlja, da je taka navedba vidna;
the information is consistently presented in the same language throughout all forms of information and marketing materials that are provided to each client, unless the client has accepted to receive information in more than one language,
informacije zadostujejo in so predstavljene tako, da jih bo verjetno razumel povprečen pripadnik skupine, ki so ji namenjene ali za katero je verjetno, da jih bo prejela;
the information is up-to-date and relevant to the means of communication used.
informacije ne prikrivajo, zmanjšujejo pomena ali zamegljujejo pomembnih dejstev, izjav ali opozoril;
Where the information compares investment or ancillary services, financial instruments, or persons providing investment or ancillary services, investment firms shall ensure that the following conditions are satisfied:
informacije so predstavljene dosledno v istem jeziku v vseh oblikah informativnih in tržnih gradiv, ki se zagotovijo vsaki stranki, razen če se je stranka strinjala, da prejme gradivo v več kot enem jeziku;
the comparison is meaningful and presented in a fair and balanced way;
informacije so aktualne in relevantne za uporabljeno sredstvo obveščanja.
the sources of the information used for the comparison are specified;
Če informacije primerjajo investicijske ali pomožne storitve, finančne instrumente ali osebe, ki opravljajo investicijske ali pomožne storitve, investicijska podjetja zagotovijo, da so izpolnjeni naslednji pogoji:
the key facts and assumptions used to make the comparison are included.
primerjava je smiselna in predstavljena na pošten in uravnotežen način;
Where the information contains an indication of past performance of a financial instrument, a financial index or an investment service, investment firms shall ensure that the following conditions are satisfied:
navedeni so viri informacij, uporabljeni za primerjavo;
that indication is not the most prominent feature of the communication;
vključena so ključna dejstva in predpostavke, uporabljene za primerjavo.
the information must include appropriate performance information which covers the preceding 5 years, or the whole period for which the financial instrument has been offered, the financial index has been established, or the investment service has been provided where less than five years, or such longer period as the firm may decide, and in every case that performance information is based on complete 12-month periods;
Če informacije vsebujejo navedbo pretekle uspešnosti finančnega instrumenta, finančnega indeksa ali investicijske storitve, investicijska podjetja zagotovijo, da so izpolnjeni naslednji pogoji:
the reference period and the source of information is clearly stated;
taka navedba ni najbolj viden element sporočila;
the information contains a prominent warning that the figures refer to the past and that past performance is not a reliable indicator of future results;
informacije morajo vsebovati ustrezne informacije o uspešnosti, ki zajemajo predhodnih pet let ali celotno obdobje, za katero je bil ponujen finančni instrument, vzpostavljen finančni indeks ali zagotovljena investicijska storitev, če je to obdobje krajše od petih let, ali tako daljše obdobje, kot ga lahko določi podjetje, v vsakem primeru pa morajo navedene informacije o uspešnosti temeljiti na polnih 12-mesečnih obdobjih;
where the indication relies on figures denominated in a currency other than that of the Member State in which the retail client or potential retail client is resident, the currency is clearly stated, together with a warning that the return may increase or decrease as a result of currency fluctuations;
referenčno obdobje in vir informacij sta jasno navedena;
where the indication is based on gross performance, the effect of commissions, fees or other charges are disclosed.
informacije vsebujejo jasno opozorilo, da se podatki nanašajo na preteklost in da pretekla uspešnost ni zanesljiv kazalnik prihodnjih rezultatov;
Where the information includes or refers to simulated past performance, investment firms shall ensure that the information relates to a financial instrument or a financial index, and the following conditions are satisfied:
kadar se navedba opira na podatke, izražene v valuti, ki ni valuta države članice, v kateri prebiva neprofesionalni vlagatelj ali potencialni neprofesionalni vlagatelj, sta ta valuta in opozorilo, da se lahko donosi povečajo ali zmanjšajo zaradi valutnih nihanj, jasno navedena;
the simulated past performance is based on the actual past performance of one or more financial instruments or financial indices which are the same as, or substantially the same as, or underlie, the financial instrument concerned;
kadar navedba temelji na bruto rezultatu, se razkrijejo učinki provizij, opravnin in drugih stroškov.
in respect of the actual past performance referred to in point (a), the conditions set out in points (a) to (c), (e) and (f) of paragraph 4 are satisfied;
Če informacije vsebujejo ali se nanašajo na simulacijo pretekle uspešnosti, investicijska podjetja zagotovijo, da se informacije nanašajo na finančni instrument ali finančni indeks in da so izpolnjeni naslednji pogoji:
the information contains a prominent warning that the figures refer to simulated past performance and that past performance is not a reliable indicator of future performance.
simulacija pretekle uspešnosti temelji na dejanski pretekli uspešnosti enega ali več finančnih instrumentov ali finančnih indeksov, ki so enaki oziroma skoraj enaki kakor zadevni finančni instrument ali so njegova osnova oz. podlaga;
Where the information contains information on future performance, investment firms shall ensure that the following conditions are satisfied:
za dejansko preteklo uspešnost iz točke (a) so izpolnjeni pogoji iz točk (a) do (c), (e) in (f) odstavka 4;
the information is not based on or refer to simulated past performance;
informacije vsebujejo jasno opozorilo, da se podatki nanašajo na simulacijo pretekle uspešnosti in da pretekla uspešnost ni zanesljiv kazalnik prihodnje uspešnosti.
the information is based on reasonable assumptions supported by objective data;
Če informacije vsebujejo informacije o prihodnji uspešnosti, investicijska podjetja zagotovijo, da so izpolnjeni naslednji pogoji:
where the information is based on gross performance, the effect of commissions, fees or other charges is disclosed;
informacije ne temeljijo na simulaciji pretekle uspešnosti oziroma se ne sklicujejo nanjo;
the information is based on performance scenarios in different market conditions (both negative and positive scenarios), and reflects the nature and risks of the specific types of instruments included in the analysis;
informacije temeljijo na razumnih predpostavkah, ki jih podpirajo objektivni podatki;
the information contains a prominent warning that such forecasts are not a reliable indicator of future performance.
kadar informacije temeljijo na bruto rezultatu, se razkrijejo učinki provizij, opravnin in drugih stroškov;
Where the information refers to a particular tax treatment, it shall prominently state that the tax treatment depends on the individual circumstances of each client and may be subject to change in the future.
informacije temeljijo na scenarijih uspešnosti v različnih tržnih razmerah (negativnih in pozitivnih scenarijih) ter odražajo naravo in tveganja specifičnih vrst instrumentov, vključenih v analizo;
The information shall not use the name of any competent authority in such a way that would indicate or suggest endorsement or approval by that authority of the products or services of the investment firm.
informacije vsebujejo jasno opozorilo, da take napovedi niso zanesljiv kazalnik prihodnje uspešnosti.
Article 45
Če se informacije nanašajo na določeno davčno obravnavo, je v njih jasno navedeno, da je davčna obravnava odvisna od individualnih okoliščin vsake stranke in se lahko v prihodnje spremeni.
Information concerning client categorisation
V informacijah se ne uporablja ime nobenega pristojnega organa na način, ki bi namigoval ali nakazoval, da ta organ podpira ali odobrava produkte ali storitve investicijskega podjetja.
(Article 24(4) of Directive 2014/65/EU)
Člen 45
Investment firms shall notify new clients, and existing clients that the investment firm has newly categorised as required by Directive 2014/65/EU, of their categorisation as a retail client, a professional client or an eligible counterparty in accordance with that Directive.
Informacije v zvezi z razvrstitvijo strank v kategorije
Investment firms shall inform clients in a durable medium about any right that client has to request a different categorisation and about any limitations to the level of client protection that a different categorisation would entail.
(člen 24(4) Direktive 2014/65/EU)
Investment firms may, either on their own initiative or at the request of the client concerned treat a client in the following manner:
Investicijska podjetja nove stranke in obstoječe stranke, ki jih je investicijsko podjetje na novo razvrstilo v skladu z zahtevami Direktive 2014/65/EU, obvestijo o njihovi razvrstitvi v kategorijo neprofesionalnih strank, profesionalnih strank ali primernih nasprotnih strank v skladu z navedeno direktivo.
as a professional or retail client where that client might otherwise be classified as an eligible counterparty pursuant to Article 30(2) of Directive 2014/65/EU;
Investicijska podjetja obvestijo stranke na trajnem nosilcu podatkov o njihovih pravicah, da zahtevajo drugačno razvrstitev, in o vseh omejitvah pri ravni zaščite stranke, do katerih bi prišlo zaradi tega.
a retail client where that client that is considered a professional client pursuant to Section I of Annex II to Directive 2014/65/EU.
Investicijska podjetja lahko na lastno pobudo ali na zahtevo zadevne stranke le-to obravnavajo na naslednji način:
Article 46
kot profesionalno ali neprofesionalno stranko, če bi se taka stranka sicer lahko razvrstila kot primerna nasprotna stranka v skladu s členom 30(2) Direktive 2014/65/EU;
General requirements for information to clients
kot neprofesionalno stranko, če se taka stranka obravnava kot profesionalna stranka na podlagi oddelka I Priloge II k Direktivi 2014/65/EU.
Investment firms shall, in good time before a client or potential client is bound by any agreement for the provision of investment services or ancillary services or before the provision of those services, whichever is the earlier to provide that client or potential client with the following information:
Člen 46
the terms of any such agreement;
Splošne zahteve glede informacij za stranke
the information required by Article 47 relating to that agreement or to those investment or ancillary services.
Investicijska podjetja pravočasno, preden se stranka ali potencialna stranka s kakršnim koli dogovorom zaveže glede opravljanja investicijskih ali pomožnih storitev ali pred začetkom opravljanja navedenih storitev, odvisno od tega, kar nastopi prej, navedeni stranki ali potencialni stranki zagotovijo naslednje informacije:
Investment firms shall, in good time before the provision of investment services or ancillary services to clients or potential clients, to provide the information required under Articles 47 to 50.
pogoje vsakršnega takega dogovora;
The information referred to in paragraphs 1 and 2 shall be provided in a durable medium or by means of a website (where it does not constitute a durable medium) provided that the conditions specified in Article 3(2) are satisfied.
informacije, ki jih zahteva člen 47 in zadevajo navedeni dogovor ali navedene investicijske ali pomožne storitve.
Investment firms shall notify a client in good time about any material change to the information provided under Articles 47 to 50 which is relevant to a service that the firm is providing to that client.
Investicijska podjetja pravočasno pred začetkom opravljanja investicijskih ali pomožnih storitev za stranke ali potencialne stranke zagotovijo informacije, ki se zahtevajo na podlagi členov 47 do 50.
That notification shall be given in a durable medium if the information to which it relates is given in a durable medium.
Informacije iz odstavkov 1 in 2 se zagotovijo na trajnem nosilcu podatkov ali na spletni strani (če ta ni trajen nosilec podatkov), če so izpolnjeni pogoji iz člena 3(2).
Investment firms shall ensure that information contained in a marketing communication is consistent with any information the firm provides to clients in the course of carrying on investment and ancillary services.
Investicijska podjetja pravočasno obvestijo stranko o morebitnih pomembnih spremembah informacij, zagotovljenih v skladu s členi 47 do 50, ki so relevantne za storitev, ki jo podjetje opravlja za navedeno stranko.
Marketing communications containing an offer or invitation of the following nature and specifying the manner of response or including a form by which any response may be made, shall include such of the information referred to in Articles 47 to 50 as is relevant to that offer or invitation:
Tako obvestilo se zagotovi na trajnem nosilcu podatkov, če so informacije, na katere se nanaša, podane na trajnem nosilcu podatkov.
an offer to enter into an agreement in relation to a financial instrument or investment service or ancillary service with any person who responds to the communication;
Investicijska podjetja zagotovijo, da so informacije, vsebovane v tržnih sporočilih, skladne z vsemi informacijami, ki jih podjetje zagotovi strankam med opravljanjem investicijskih in pomožnih storitev.
an invitation to any person who responds to the communication to make an offer to enter into an agreement in relation to a financial instrument or investment service or ancillary service.
Tržna sporočila, ki vsebujejo ponudbo ali vabilo naslednje narave in določajo način odgovora ali vsebujejo obrazec, s katerim se lahko poda morebiten odgovor, vsebujejo take informacije iz členov 47 do 50, ki so relevantne za navedeno ponudbo ali vabilo:
However, the first subparagraph shall not apply if, in order to respond to an offer or invitation contained in the marketing communication, the potential client must refer to another document or documents, which, alone or in combination, contain that information.
ponudba za sklenitev dogovora v zvezi s finančnim instrumentom ali investicijsko oziroma pomožno storitvijo s katero koli osebo, ki odgovori na sporočilo;
Article 47
vabilo vsaki osebi, ki odgovori na sporočilo, da poda ponudbo za sklenitev dogovora v zvezi s finančnim instrumentom ali investicijsko oziroma pomožno storitvijo.
Information about the investment firm and its services for clients and potential clients
Prvi pododstavek se ne uporablja, če se mora za odgovor na ponudbo ali vabilo, ki ga vsebuje tržno sporočilo, potencialna stranka sklicevati na drug dokument ali dokumente, ki, sami ali skupaj, vsebujejo navedene informacije.
Investment firms shall provide clients or potential clients with the following general information, where relevant:
Člen 47
the name and address of the investment firm, and the contact details necessary to enable clients to communicate effectively with the firm;
Informacije o investicijskem podjetju in njegovih storitvah za stranke in potencialne stranke
the languages in which the client may communicate with the investment firm, and receive documents and other information from the firm;
Investicijska podjetja strankam ali potencialnim strankam po potrebi zagotovijo naslednje splošne informacije:
the methods of communication to be used between the investment firm and the client including, where relevant, those for the sending and reception of orders;
naziv in naslov investicijskega podjetja ter kontaktne podatke, ki jih stranke potrebujejo, da lahko učinkovito komunicirajo s podjetjem;
a statement of the fact that the investment firm is authorised and the name and contact address of the competent authority that has authorised it;
jezike, v katerih lahko stranka komunicira z investicijskim podjetjem ter prejema dokumente in druge informacije od podjetja;
where the investment firm is acting through a tied agent, a statement of this fact specifying the Member State in which that agent is registered;
načine komunikacije, ki se bodo uporabljali med investicijskim podjetjem in stranko, vključno z načini pošiljanja in prejemanja naročil, če je relevantno;
the nature, frequency and timing of the reports on the performance of the service to be provided by the investment firm to the client in accordance with Article 25(6) of Directive 2014/65/EU;
izjavo, da je investicijsko podjetje pridobilo dovoljenje, ter naziv in naslov za kontakt pristojnega organa, ki je dovoljenje izdal;
where the investment firm holds client financial instruments or client funds, a summary description of the steps which it takes to ensure their protection, including summary details of any relevant investor compensation or deposit guarantee scheme which applies to the firm by virtue of its activities in a Member State;
če investicijsko podjetje deluje prek vezanega zastopnika, izjavo o tem, v kateri je navedena država članica, kjer je registriran vezani zastopnik;
a description, which may be provided in summary form, of the conflicts of interest policy maintained by the firm in accordance with Article 34;
naravo, pogostost in časovni razpored poročil o uspešnosti storitve, ki jih mora investicijsko podjetje zagotoviti stranki v skladu s členom 25(6) Direktive 2014/65/EU;
at the request of the client, further details of that conflicts of interest policy in a durable medium or by means of a website (where that does not constitute a durable medium) provided that the conditions set out Article 3(2) are satisfied.
če je investicijsko podjetje imetnik finančnih instrumentov ali sredstev stranke, kratek opis ukrepov, ki jih investicijsko podjetje sprejme za njihovo zaščito, vključno s povzetkom podrobnosti o zadevni odškodninski shemi za vlagatelje ali o sistemu jamstva za vloge, ki se uporablja za podjetje zaradi njegovih dejavnosti v državi članici;
The information listed in points (a) to (i) shall be provided in good time before the provision of investment services or ancillary services to clients or potential clients.
opis, lahko tudi v obliki povzetka, politike obvladovanja nasprotij interesov, ki jo podjetje vzdržuje v skladu s členom 34;
When providing the service of portfolio management, investment firms shall establish an appropriate method of evaluation and comparison such as a meaningful benchmark, based on the investment objectives of the client and the types of financial instruments included in the client portfolio, so as to enable the client for whom the service is provided to assess the firm's performance.
če stranka to zahteva, nadaljnje podrobne podatke o navedeni politiki obvladovanja nasprotij interesov na trajnem nosilcu podatkov ali na spletni strani (če ta ni trajen nosilec podatkov), če so izpolnjeni pogoji iz člena 3(2).
Where investment firms propose to provide portfolio management services to a client or potential client, they shall provide the client, in addition to the information required under paragraph 1, with such of the following information as is applicable:
Informacije iz točk (a) do (i) se zagotovijo pravočasno pred izvedbo naložbenih storitev ali pomožnih storitev strankam ali potencialnim strankam.
information on the method and frequency of valuation of the financial instruments in the client portfolio;
Investicijska podjetja pri upravljanju portfeljev na podlagi investicijskih ciljev stranke in vrst finančnih instrumentov, vključenih v portfelj stranke, vzpostavijo primerno metodo za ocenjevanje in primerjanje, kot je smiselno referenčno merilo, da se stranki, za katero se opravlja storitev, omogoči ocena uspešnosti poslovanja podjetja.
details of any delegation of the discretionary management of all or part of the financial instruments or funds in the client portfolio;
Če nameravajo investicijska podjetja opravljati storitve upravljanja portfeljev za stranko ali potencialno stranko, stranki poleg informacij, zahtevanih v odstavku 1, zagotovijo vse naslednje informacije, ki so relevantne:
a specification of any benchmark against which the performance of the client portfolio will be compared;
informacije o metodi in pogostosti vrednotenja finančnih instrumentov v portfelju stranke;
the types of financial instrument that may be included in the client portfolio and types of transaction that may be carried out in such instruments, including any limits;
podrobnosti o vsakem prenosu diskrecijskega upravljanja z vsemi finančnimi instrumenti ali sredstvi ali z delom finančnih instrumentov ali sredstev v portfelju stranke;
the management objectives, the level of risk to be reflected in the manager's exercise of discretion, and any specific constraints on that discretion.
navedbo morebitnega referenčnega merila, ki se bo uporabljalo za primerjavo uspešnosti portfelja stranke;
The information listed in points (a) to (e) shall be provided in good time before the provision of investment services or ancillary services to clients or potential clients.
vrste finančnih instrumentov, ki se lahko vključijo v portfelj stranke, in vrste poslov, ki se lahko izvajajo s takimi instrumenti, vključno z morebitnimi omejitvami;