natgillin/translations-raw huggingface dataset:
Investment firms shall have, and be able to demonstrate, adequate policies and procedures in place to ensure that they understand the nature, features, including costs and risks of investment services and financial instruments selected for their clients and that they assess, while taking into account cost and complexity, whether equivalent investment services or financial instruments can meet their client's profile.
Investicijska podjetja, ki imajo trajno razmerje s stranko, na primer z zagotavljanjem tekočih storitev svetovanja ali upravljanja portfeljev, imajo in so sposobna dokazati, da imajo, ustrezne politike in postopke za zagotavljanje ustreznosti in aktualnosti informacij o strankah v obsegu, ki je potreben za izpolnjevanje zahtev iz odstavka 2.
When providing the investment service of investment advice or portfolio management, an investment firm shall not recommend or decide to trade where none of the services or instruments are suitable for the client.
Če pri zagotavljanju investicijske storitve investicijskega svetovanja ali upravljanja portfeljev investicijsko podjetje ne pridobi informacij, ki se zahtevajo na podlagi člena 25(2) Direktive 2014/65/EU, podjetje stranki ali potencialni stranki ne priporoči investicijskih storitev ali finančnih instrumentov.
When providing investment advice or portfolio management services that involve switching investments, either by selling an instrument and buying another or by exercising a right to make a change in regard to an existing instrument, investment firms shall collect the necessary information on the client's existing investments and the recommended new investments and shall undertake an analysis of the costs and benefits of the switch, such that they are reasonably able to demonstrate that the benefits of switching are greater than the costs.
Investicijska podjetja imajo in so sposobna dokazati, da imajo, vzpostavljene ustrezne politike in postopke za zagotavljanje, da razumejo naravo, lastnosti kot tudi stroške in tveganja investicijskih storitev in finančnih instrumentov, izbranih za stranke, in da ocenijo, ob upoštevanju stroškov in kompleksnosti, ali lahko enakovredne investicijske storitve ali finančni instrumenti ustrezajo strankinemu profilu.
When providing investment advice, investment firms shall provide a report to the retail client that includes an outline of the advice given and how the recommendation provided is suitable for the retail client, including how it meets the client's objectives and personal circumstances with reference to the investment term required, client's knowledge and experience and client's attitude to risk and capacity for loss.
Pri zagotavljanju investicijske storitve investicijskega svetovanja ali upravljanja portfeljev investicijsko podjetje ne da priporočila oziroma se ne odloči za trgovanje, če nobena storitev ali instrument nista primerna za stranko.
Investment firms shall draw clients' attention to and shall include in the suitability report information on whether the recommended services or instruments are likely to require the retail client to seek a periodic review of their arrangements.
Pri zagotavljanju storitev investicijskega svetovanja ali upravljanja portfeljev, ki vključujejo zamenjavo naložb, s prodajo instrumenta in nakupom drugega ali z uveljavitvijo pravice do spremembe v zvezi z obstoječim instrumentom, investicijska podjetja zberejo potrebne informacije o obstoječih naložbah in priporočenih novih naložbah stranke ter izvedejo analizo stroškov in koristi zamenjave, tako da lahko v razumni meri dokažejo, da so koristi zamenjave večje od stroškov.
Where an investment firm provides a service that involves periodic suitability assessments and reports, the subsequent reports after the initial service is established may only cover changes in the services or instruments involved and/or the circumstances of the client and may not need to repeat all the details of the first report.
Pri zagotavljanju investicijskega svetovanja investicijska podjetja neprofesionalni stranki predložijo poročilo, ki vključuje opis svetovanja in kako je priporočilo primerno za neprofesionalno stranko, vključno s tem, kako ustreza strankinim ciljem in osebnim okoliščinam glede na zahtevano trajanje naložbe, znanje in izkušnje stranke in njen odnos do tveganja ter njeno sposobnost kritja izgub.
Investment firms providing a periodic suitability assessment shall review, in order to enhance the service, the suitability of the recommendations given at least annually.
Investicijska podjetja stranke opozorijo na informacije o tem, ali je verjetno, da bodo priporočene storitve ali instrumenti od neprofesionalne stranke zahtevali, da zaprosi za redni pregled njihovih ureditev, in te informacije vključijo tudi v poročilo o primernosti.
The frequency of this assessment shall be increased depending on the risk profile of the client and the type of financial instruments recommended.
Če investicijsko podjetje zagotavlja storitev, ki vključuje redne presoje in poročila o primernosti, lahko naknadna poročila po tem, ko je bila opravljena začetna storitev, zajemajo samo spremembe zadevnih storitev ali instrumentov in/ali razmer stranke in v njih ni treba ponoviti vseh podrobnosti iz prvega poročila.
Article 55
Investicijska podjetja, ki zagotavljajo redno presojo primernosti, za potrebe izboljšanja storitve vsaj enkrat letno pregledajo primernost danih priporočil.
Provisions common to the assessment of suitability or appropriateness
Pogostost te presoje se poveča glede na profil tveganja stranke in vrsto priporočenih finančnih instrumentov.
(Article 25(2) and 25(3) of Directive 2014/65/EU)
Člen 55
Investment firms shall ensure that the information regarding a client's or potential client's knowledge and experience in the investment field includes the following, to the extent appropriate to the nature of the client, the nature and extent of the service to be provided and the type of product or transaction envisaged, including their complexity and the risks involved:
Skupne določbe za presojo primernosti ali ustreznosti
the types of service, transaction and financial instrument with which the client is familiar;
(člena 25(2) in 25(3) Direktive 2014/65/EU)
the nature, volume, and frequency of the client's transactions in financial instruments and the period over which they have been carried out;
Investicijska podjetja zagotovijo, da informacije v zvezi z znanjem in izkušnjami stranke ali potencialne stranke na investicijskem področju vključujejo v ustrezni meri glede na naravo stranke, naravo in obseg storitve, ki se opravlja, ter vrsto predvidenega produkta ali posla, vključno s kompleksnostjo in tveganji, ki jih vsebuje, naslednje informacije:
the level of education, and profession or relevant former profession of the client or potential client.
vrste storitev, poslov in finančnih instrumentov, s katerimi je stranka seznanjena;
An investment firm shall not discourage a client or potential client from providing information required for the purposes of Article 25(2) and (3) of Directive 2014/65/EU.
naravo, obseg in pogostost poslov stranke s finančnimi instrumenti in obdobje, v katerem so bili izvedeni;
An investment firm shall be entitled to rely on the information provided by its clients or potential clients unless it is aware or ought to be aware that the information is manifestly out of date, inaccurate or incomplete.
stopnjo izobrazbe in poklic ali zadevni nekdanji poklic stranke ali potencialne stranke.
Article 56
Investicijsko podjetje ne sme odvračati stranke ali potencialne stranke od zagotovitve informacij, zahtevanih za namene člena 25(2) in (3) Direktive 2014/65/EU.
Assessment of appropriateness and related record-keeping obligations
Investicijsko podjetje ima pravico opirati se na informacije, ki jih zagotovijo njene stranke ali potencialne stranke, razen če ve ali bi moralo vedeti, da so te informacije očitno zastarele, netočne ali nepopolne.
(Article 25(3) and 25(5) of Directive 2014/65/EU)
Člen 56
Investment firms, shall determine whether that client has the necessary experience and knowledge in order to understand the risks involved in relation to the product or investment service offered or demanded when assessing whether an investment service as referred to in Article 25(3) of Directive 2014/65/EU is appropriate for a client.
Obveznosti glede presoje ustreznosti in povezanih evidenc
An investment firm shall be entitled to assume that a professional client has the necessary experience and knowledge in order to understand the risks involved in relation to those particular investment services or transactions, or types of transaction or product, for which the client is classified as a professional client.
(člena 25(3) in 25(5) Direktive 2014/65/EU)
Investment firms shall maintain records of the appropriateness assessments undertaken which shall include the following:
Investicijska podjetja določijo, ali ima stranka potrebne izkušnje in znanje, da lahko razume tveganja, povezana s ponujenim ali zahtevanim produktom ali investicijsko storitvijo, ko presoja ali je investicijska storitev iz člena 25(3) Direktive 2014/65/EU ustrezna za stranko.
the result of the appropriateness assessment;
Investicijsko podjetje ima pravico predpostavljati, da ima profesionalna stranka potrebne izkušnje in znanje, da razume tveganja, ki jih vsebujejo zadevne investicijske storitve ali posli oziroma vrste poslov ali produktov, v zvezi s katerimi je stranka razvrščena kot profesionalna stranka.
any warning given to the client where the investment service or product purchase was assessed as potentially inappropriate for the client, whether the client asked to proceed with the transaction despite the warning and, where applicable, whether the firm accepted the client's request to proceed with the transaction;
Investicijska podjetja vodijo evidence opravljenih presoj ustreznosti, ki vključujejo naslednje:
any warning given to the client where the client did not provide sufficient information to enable the firm to undertake an appropriateness assessment, whether the client asked to proceed with the transaction despite this warning and, where applicable, whether the firm accepted the client's request to proceed with the transaction.
rezultate presoje ustreznosti;
Article 57
vsa opozorila strankam, kadar se je nakup investicijske storitve ali produkta ocenil za potencialno neustreznega za stranko, ali je stranka zahtevala, da se nadaljuje s poslom kljub opozorilu, in, po potrebi, ali je podjetje sprejelo zahtevo stranke po nadaljevanju posla;
Provision of services in non-complex instruments
vsa opozorila strankam, kadar stranka ni predložila dovolj informacij, da bi podjetje lahko izvedlo presojo ustreznosti, ali je stranka zahtevala, da se nadaljuje s poslom kljub opozorilu, ter, po potrebi, ali je podjetje ustreglo zahtevi stranke po nadaljevanju posla.
(Article 25(4) of Directive 2014/65/EU)
Člen 57
A financial instrument which is not explicitly specified in Article 25(4)(a) of Directive 2014/65/EU shall be considered as non-complex for the purposes of Article 25(4)(a)(vi) of Directive 2014/65/EU if it satisfies the following criteria:
Opravljanje storitev v zvezi z nekompleksnimi instrumenti
it does not fall within Article 4(1)(44)(c) of, or points (4) to (11) of Section C of Annex I to Directive 2014/65/EU;
(člen 25(4) Direktive 2014/65/EU)
there are frequent opportunities to dispose of, redeem, or otherwise realise that instrument at prices that are publicly available to market participants and that are either market prices or prices made available, or validated, by valuation systems independent of the issuer;
Finančni instrument, ki ni izrecno določen v členu 25(4)(a) Direktive 2014/65/EU, se šteje za nekompleksnega za namene člena 25(4)(a)(vi) Direktive 2014/65/EU, če izpolnjuje naslednja merila:
it does not involve any actual or potential liability for the client that exceeds the cost of acquiring the instrument;
ne spada pod člen 4(1)(44)(c) ali točke (4) do (11) oddelka C Priloge I k Direktivi 2014/65/EU;
it does not incorporate a clause, condition or trigger that could fundamentally alter the nature or risk of the investment or pay out profile, such as investments that incorporate a right to convert the instrument into a different investment;
obstajajo pogoste priložnosti za odtujitev, odkup oz. izplačilo ali drugo vrsto unovčenja navedenega instrumenta po cenah, ki so javno dostopne tržnim udeležencem in so tržne cene ali cene, dane na voljo prek sistemov vrednotenja, ki so neodvisni od izdajatelja, ali potrjene s takimi sistemi;
it does not include any explicit or implicit exit charges that have the effect of making the investment illiquid even though there are technically frequent opportunities to dispose of, redeem or otherwise realise it;
ne vključuje nikakršne dejanske ali potencialne obveznosti za stranko, ki presega strošek pridobitve instrumenta;
adequately comprehensive information on its characteristics is publicly available and is likely to be readily understood so as to enable the average retail client to make an informed judgment as to whether to enter into a transaction in that instrument.
ne vključuje klavzule, pogoja ali sprožilca, ki bi lahko bistveno spremenil naravo ali tveganje naložbe ali profila izplačila, kot so naložbe, ki vključujejo pravico do konverzije instrumenta v drugo naložbo;
Article 58
ne vključuje nobenih eksplicitnih ali implicitnih stroškov izstopa, zaradi katerih postane naložba nelikvidna, tudi če tehnično obstajajo pogoste priložnosti za odtujitev, odkup oz. izplačilo ali drugo vrsto unovčenja naložbe;
Retail and Professional Client agreements
javno so na voljo dovolj izčrpni podatki o njegovih značilnostih, ki jih je mogoče zlahka razumeti, tako da ima povprečna neprofesionalna stranka možnost, da sprejme informirano odločitev o tem, ali naj sklene posel z navedenim instrumentom ali ne.
(Article 24(1) and 25(5) of Directive 2014/65/EU)
Člen 58
Investment firms providing any investment service or the ancillary service referred to in Section B(1) of Annex I to Directive 2014/65/EU to a client after the date of application of this Regulation shall enter into a written basic agreement with the client, in paper or another durable medium, with the client setting out the essential rights and obligations of the firm and the client.
Sporazumi z neprofesionalnimi in profesionalnimi strankami
Investment firms providing investment advice shall comply with this obligation only where a periodic assessment of the suitability of the financial instruments or services recommended is performed.
(člena 24(1) in 25(5) Direktive 2014/65/EU)
The written agreement shall set out the essential rights and obligations of the parties, and shall include the following:
Investicijska podjetja, ki za stranko opravijo katero koli investicijsko storitev ali pomožno storitev iz oddelka B(1) Priloge I k Direktivi 2014/65/EU po datumu začetka uporabe te uredbe, s stranko sklenejo pisni osnovni sporazum na papirju ali drugem trajnem nosilcu podatkov, v katerem so določene osnovne pravice in obveznosti podjetja in stranke.
a description of the services, and where relevant the nature and extent of the investment advice, to be provided;
Investicijska podjetja, ki zagotavljajo investicijsko svetovanje, izpolnijo to zahtevo samo, kadar se izvaja redna presoja primernosti priporočenih finančnih instrumentov ali storitev.
in case of portfolio management services, the types of financial instruments that may be purchased and sold and the types of transactions that may be undertaken on behalf of the client, as well as any instruments or transactions prohibited; and
Pisni sporazum določa osnovne pravice in obveznosti strank ter vključuje naslednje:
a description of the main features of any services referred to in Section B(1) of Annex I to Directive 2014/65/EU to be provided, including where applicable the role of the firm with respect to corporate actions relating to client instruments and the terms on which securities financing transactions involving client securities will generate a return for the client.
opis storitev in, če je relevantno, narave in obsega investicijskega svetovanja, ki se bo zagotovilo;
SECTION 4
v primeru storitev upravljanja portfeljev, vrste finančnih instrumentov, ki se lahko kupijo ali prodajo, in vrste poslov, ki se lahko izvedejo v imenu stranke, kot tudi vse prepovedane instrumente ali posle, in
Reporting to clients
opis glavnih elementov vseh storitev iz oddelka B(1) Priloge I k Direktivi 2014/65/EU, ki naj bi se opravljale, kar po potrebi vključuje vlogo podjetja pri korporacijskih dejanjih v zvezi z instrumenti stranke in pogoje, pod katerimi bodo posli financiranja z vrednostnimi papirji, ki vključujejo strankine vrednostne papirje, ustvarjali donos za stranko.
Article 59
ODDELEK 4
Reporting obligations in respect of execution of orders other than for portfolio management
Poročanje strankam
(Article 25(6) of Directive 2014/65/EU)
Člen 59
Investment firms having carried out an order on behalf of a client, other than for portfolio management, shall, in respect of that order:
Obveznosti poročanja v zvezi z izvrševanjem naročil razen za namene upravljanja portfeljev
promptly provide the client, in a durable medium, with the essential information concerning the execution of that order;
(člen 25(6) Direktive 2014/65/EU)
send a notice to the client in a durable medium confirming execution of the order as soon as possible and no later than the first business day following execution or, where the confirmation is received by the investment firm from a third party, no later than the first business day following receipt of the confirmation from the third party.
Investicijska podjetja, ki so v imenu stranke izvršila naročilo, ki ni upravljanje portfeljev, v naslednjem vrstnem redu:
Point (b) shall not apply where the confirmation would contain the same information as a confirmation that is to be promptly dispatched to the client by another person.
stranki na trajnem nosilcu podatkov takoj zagotovijo bistvene informacije v zvezi z izvršitvijo naročila;
Points (a) and (b) shall not apply where orders executed on behalf of clients relate to bonds funding mortgage loan agreements with the said clients, in which case the report on the transaction shall be made at the same time as the terms of the mortgage loan are communicated, but no later than one month after the execution of the order.
stranki na trajnem nosilcu podatkov pošljejo obvestilo o potrditvi izvršitve naročila, in sicer čim prej, vendar najpozneje prvi poslovni dan po izvršitvi, oziroma, če prejme investicijsko podjetje potrdilo od tretje osebe, najpozneje prvi poslovni dan po prejemu potrdila od tretje osebe.
In addition to the requirements under paragraph 1, investment firms shall supply the client, on request, with information about the status of his order.
Točka (b) se ne uporablja, če bi potrditev vsebovala iste informacije kot potrditev, ki jo mora vlagatelju takoj poslati druga oseba.
In the case of client orders relating to units or shares in a collective investment undertaking which are executed periodically, investment firms shall either take the action specified in point (b) of paragraph 1 or provide the client, at least once every six months, with the information listed in paragraph 4 in respect of those transactions.
Točki (a) in (b) se ne uporabljata, če se naročila, izvršena v imenu strank, nanašajo na obveznice za financiranje pogodb o hipotekarnih posojilih z navedenimi strankami, saj se v tem primeru poročilo o poslu pripravi takrat, ko se sporočijo pogoji hipotekarnega posojila, najpozneje pa en mesec po izvršitvi naročila.
The notice referred to in point (b) of paragraph 1 shall include such of the following information as is applicable and, where relevant, in accordance with the regulatory technical standards on reporting obligations adopted in accordance with Article 26 of Regulation (EU) No 600/2014:
Poleg izpolnjevanja zahtev iz odstavka 1 investicijska podjetja strankam na zahtevo pošljejo informacije o stanju naročila.
the reporting firm identification;
V primeru naročil za stranke, ki zadevajo enote ali deleže v kolektivnih naložbenih podjemih, ki se izvajajo redno, investicijska podjetja sprejmejo ukrepe iz točke (b) odstavka 1 ali pa stranki vsaj enkrat na šest mesecev v zvezi z navedenimi posli posredujejo informacije, navedene v odstavku 4.
the name or other designation of the client;
Obvestilo iz točke (b) odstavka 1 vključuje tiste od naslednjih informacij, ki so primerne, in, če je relevantno, v skladu z regulativnimi tehničnimi standardi o obveznostih poročanja, sprejetimi v skladu s členom 26 Uredbe (EU) št. 600/2014:
the trading day;
identifikacija podjetja, ki poroča;
the trading time;
ime ali druga oznaka stranke;
the type of the order;
trgovalni dan;
the venue identification;
trgovalni čas;
the instrument identification;
vrsta naročila;
the buy/sell indicator;
identifikacija mesta izvršitve;
the nature of the order if other than buy/sell;
identifikacija instrumenta;
the quantity;
kazalnik nakupa/prodaje;
the unit price;
narava naročila, če ne gre za nakup/prodajo;
the total consideration;
količina;
a total sum of the commissions and expenses charged and, where the client so requests, an itemised breakdown including, where relevant, the amount of any mark-up or mark-down imposed where the transaction was executed by an investment firm when dealing on own account, and the investment firm owes a duty of best execution to the client;
cena na enoto;
the rate of exchange obtained where the transaction involves a conversion of currency;
skupno nadomestilo;
the client's responsibilities in relation to the settlement of the transaction, including the time limit for payment or delivery as well as the appropriate account details where these details and responsibilities have not previously been notified to the client;
skupna vrednost obračunanih provizij in stroškov ter, če stranka tako zahteva, razčlenitev po postavkah, po potrebi vključno z zneskom kakršnega koli pribitka ali odbitka, kadar je posel izvršilo investicijsko podjetje pri trgovanju za svoj račun in je investicijsko podjetje stranki dolžno zagotoviti izvršitev naročila ob najboljših pogojih;
where the client's counterparty was the investment firm itself or any person in the investment firm's group or another client of the investment firm, the fact that this was the case unless the order was executed through a trading system that facilitates anonymous trading.
menjalni tečaj, če posel vključuje pretvorbo valute;
For the purposes of point (k), where the order is executed in tranches, the investment firm may supply the client with information about the price of each tranche or the average price.
odgovornosti stranke v zvezi s poravnavo posla, vključno z rokom za plačilo ali izročitev, kot tudi ustrezne podatke o računu, če te podrobnosti in odgovornosti stranki niso bile sporočene prej;
Where the average price is provided, the investment firm shall supply the client with information about the price of each tranche upon request.
če je bila nasprotna stranka stranke investicijsko podjetje samo ali katera koli oseba iz skupine investicijskega podjetja ali druga stranka investicijskega podjetja, navedba tega dejstva, razen če je bilo naročilo izvršeno prek sistema trgovanja, ki omogoča anonimno trgovanje.
The investment firm may provide the client with the information referred to in paragraph 4 using standard codes if it also provides an explanation of the codes used.
Za namene točke (k) lahko investicijsko podjetje, kadar se naročilo izvrši v tranšah, stranki posreduje informacije o ceni posamezne tranše ali o povprečni ceni.
Article 60
Če se navede povprečna cena, investicijsko podjetje stranki na zahtevo zagotovi informacije o ceni posamezne tranše.
Reporting obligations in respect of portfolio management
Investicijsko podjetje lahko informacije iz odstavka 4 stranki zagotovi z uporabo standardnih oznak, če zagotovi tudi razlago uporabljenih oznak.
Investments firms which provide the service of portfolio management to clients shall provide each such client with a periodic statement in a durable medium of the portfolio management activities carried out on behalf of that client unless such a statement is provided by another person.
Člen 60