natgillin/translations-raw huggingface dataset:
innovation involving leverage;
preteklih izkušenj na trgu s podobnimi finančnimi instrumenti ali prodajnimi praksami;
the lack of transparency of the underlying; or
prodajne prakse, povezane s finančnim instrumentom, zlasti ob upoštevanju:
the past experience of the market with similar financial instruments or selling practices;
uporabljenih komunikacijskih in distribucijskih kanalov,
the selling practices associated with the financial instrument, taking into account, in particular:
informativnega, tržnega ali drugega promocijskega gradiva, povezanega z naložbo,
the communication and distribution channels used;
domnevnih investicijskih namenov ali
the information, marketing or other promotional material associated with the investment;
tega, ali je odločitev za nakup sekundarna ali terciarna po predhodnem nakupu;
the assumed investment purposes; or
finančni in poslovni položaj izdajatelja finančnega instrumenta, zlasti ob upoštevanju:
whether the decision to buy is secondary or tertiary following an earlier purchase;
finančnega položaja izdajatelja ali morebitnega poroka ali
the financial and business situation of the issuer of a financial instrument, taking into account, in particular:
preglednosti poslovnega položaja izdajatelja ali poroka;
the financial situation of the issuer or any guarantor; or
ali so informacije o finančnem instrumentu, ki so jih zagotovili proizvajalec ali distributerji, nezadostne ali nezanesljive, da bi tržnim udeležencem, ki so jim namenjene, omogočile sprejeti informirano odločitev, pri čemer se upoštevata narava in vrsta finančnega instrumenta;
the transparency of business situation of the issuer or guarantor;
ali finančni instrument, finančna dejavnost ali finančna praksa pomeni veliko tveganje za uspešnost poslov, ki so jih sklenili udeleženci ali vlagatelji na upoštevnem trgu;
whether there is insufficient, or unreliable, information about a financial instrument, provided either by the manufacturer or the distributors, to enable market participants at whom it is targeted to make an informed decision, taking into account the nature and type of the financial instrument;
ali bi finančna dejavnost ali finančna praksa znatno ogrozila celovitost postopka oblikovanja cen na zadevnem trgu, tako da se cena ali vrednost zadevnega finančnega instrumenta ne bi več določala v skladu z zakonitimi tržnimi silami ponudbe in povpraševanja ali tako, da se tržni udeleženci pri sprejemanju naložbene odločitve ne bi več mogli zanašati na cene, oblikovane na zadevnem trgu, ali obseg trgovanja;
whether the financial instrument, financial activity or financial practice poses a high risk to the performance of transactions entered into by participants or investors in the relevant market;
ali je finančni instrument zaradi svojih značilnosti posebej dovzeten za uporabo za namene finančnega kriminala, in zlasti, ali bi lahko zadevne značilnosti spodbujale uporabo finančnega instrumenta za:
whether the financial activity or financial practice would significantly compromise the integrity of the price formation process in the market concerned, such that the price or value of the financial instrument in question is no longer determined according to legitimate market forces of supply and demand, or such that market participants are no longer able to rely on the prices formed in that market or in the volumes of trading as a basis for their investment decisions;
goljufijo ali nepoštenost,
whether the characteristics of a financial instrument make it particularly susceptible to being used for the purposes of financial crime and, in particular whether those characteristics could potentially encourage the use of the financial instrument for:
kršitev pri informacijah ali zlorabo informacij v zvezi s finančnim trgom,
any fraud or dishonesty;
upravljanje premoženjske koristi, pridobljene s kaznivim dejanjem,
misconduct in, or misuse of information in relation to a financial market;
financiranje terorizma ali
handling the proceeds of crime;
omogočanje pranja denarja;
the financing of terrorism; or
ali finančne dejavnosti ali finančne prakse pomenijo posebej veliko tveganje za odpornost ali nemoteno delovanje trgov in njihove infrastrukture;
facilitating money laundering;
ali lahko finančni instrument, finančna dejavnost ali finančna praksa povzročijo znatno in umetno razliko med ceno izvedenega finančnega instrumenta in ceno na osnovnem trgu;
whether the financial activity or financial practice poses a particularly high risk to the resilience or smooth operation of markets and their infrastructure;
ali finančni instrument, finančna dejavnost ali finančna praksa pomeni veliko tveganje motenj za finančne institucije, ki veljajo za pomembne za finančni sistem Unije;
whether a financial instrument, financial activity or financial practice could lead to a significant and artificial disparity between prices of a derivative and those in the underlying market;
pomembnost razširjanja finančnega instrumenta kot vira financiranja za izdajatelja;
whether the financial instrument, financial activity or financial practice poses a high risk of disruption to financial institutions deemed to be important to the financial system of the Union;
ali finančni instrument, finančna dejavnost ali finančna praksa pomeni veliko tveganje za infrastrukturo trga ali plačilnih sistemov, vključno s sistemi trgovanja, kliringa in poravnave, ter
the relevance of the distribution of the financial instrument as a funding source for the issuer;
ali lahko finančni instrument, finančna dejavnost ali finančna praksa ogrozi zaupanje vlagateljev v finančni sistem.
whether a financial instrument, financial activity or financial practice poses particular risks to the market or payment systems infrastructure, including trading, clearing and settlement systems; or
Člen 20
whether a financial instrument, financial activity or financial practice may threaten investors' confidence in the financial system.
Merila in dejavniki za namene pooblastil EBA za začasno poseganje v zvezi s produkti
Article 20
(člen 41(2) Uredbe (EU) št. 600/2014)
Criteria and factors for the purposes of EBA temporary product intervention powers
Za namene člena 41(2)(a) Uredbe (EU) št. 600/2014 EBA oceni pomembnost vseh dejavnikov in meril, navedenih v odstavku 2, ter upošteva vse ustrezne dejavnike in merila pri določanju, kdaj trženje, razširjanje ali prodaja nekaterih strukturiranih vlog ali strukturiranih vlog z nekaterimi določenimi značilnostmi ali vrsta finančnega posla ali prakse ustvarja resnejši zadržek glede zaščite vlagateljev ali nevarnost za pravilno delovanje in celovitost finančnih trgov oziroma za stabilnost celotnega finančnega sistema v Uniji ali njegovega dela.
(Article 41(2) of Regulation (EU) No 600/2014)
Za namene prvega pododstavka lahko EBA določi obstoj resnejšega zadržka glede zaščite vlagateljev ali nevarnosti za pravilno delovanje in celovitost finančnih trgov oziroma za stabilnost celotnega finančnega sistema Unije ali njegovega dela na podlagi enega ali več navedenih dejavnikov in meril.
For the purposes of Article 41(2)(a) of Regulation (EU) No 600/2014, EBA shall assess the relevance of all factors and criteria listed in paragraph 2, and take into consideration all relevant factors and criteria in determining when the marketing, distribution or sale of certain structured deposits or structured deposits with certain specified features or a type of financial activity or practice creates a significant investor protection concern or a threat to the orderly functioning and integrity of financial markets or to the stability of the whole or part of the financial system in the Union.
Dejavniki in merila, ki jih mora EBA oceniti za ugotovitev, ali obstaja resnejši zadržek glede zaščite vlagateljev ali nevarnost za pravilno delovanje in celovitost finančnih trgov oziroma za stabilnost celotnega finančnega sistema v Uniji ali njegovega dela, so:
For the purposes of the first subparagraph, EBA may determine the existence of a significant investor protection concern or a threat to the orderly functioning and integrity of financial markets or to the stability of the whole or part of the financial system of the Union based on one or more of those factors and criteria.
stopnja kompleksnosti strukturirane vloge ali vrsta finančne dejavnosti ali prakse v zvezi z vrsto strank, kot je ocenjena v skladu s točko (c), ki je vključena v finančno dejavnost ali finančno prakso, zlasti ob upoštevanju:
The factors and criteria to be assessed by EBA to determine whether there is a significant investor protection concern or a threat to the orderly functioning and integrity of financial markets or to the stability of the whole or part of the financial system in the Union shall be the following:
stopnje preglednosti stroškov in dajatev, povezanih s strukturirano vlogo, finančno dejavnostjo ali finančno prakso, in zlasti pomanjkanja preglednosti, ki izhaja iz več ravni stroškov in dajatev,
the degree of complexity of a structured deposit or type of financial activity or practice in relation to the type of clients, as assessed in accordance with point (c), involved in the financial activity, or financial practice, taking into account, in particular:
kompleksnosti izračuna uspešnosti, pri čemer se zlasti upošteva, ali je donosnost odvisna od uspešnosti enega ali več osnovnih ali referenčnih sredstev, na katere vplivajo drugi dejavniki, oziroma ali je odvisna ne le od vrednosti osnovnih ali referenčnih sredstev na začetni datum in datum zapadlosti v plačilo ali datum plačila obresti, temveč tudi od vrednosti med življenjsko dobo produkta,
the degree of transparency of costs and charges associated with the structured deposit, financial activity or financial practice and, in particular, the lack of transparency resulting from multiple layers of costs and charges;
ali je strukturirana vloga ali storitev povezana z drugimi produkti ali storitvami ali
the complexity of the performance calculation, taking into account in particular whether the return is dependent on the performance of one or more underlying or reference assets which are in turn affected by other factors or whether the return depends not only on the values of the underlying or reference assets at the initial and maturity or interest payment dates, but also on the values during the lifetime of the product;
obseg morebitnih škodljivih posledic, zlasti ob upoštevanju:
whether the structured deposit or service is bundled with other products or services; or
nominalne vrednosti izdaje strukturiranih vlog,
the size of potential detrimental consequences, considering, in particular:
števila vključenih institucij,
the notional value of an issuance of structured deposits;
rasti trga ali prodaje,
the number of institutions involved;
povprečnega zneska, ki ga je v strukturirano vlogo vložila posamezna stranka, ali
the growth of the market or sales;
ravni kritja, opredeljene v Direktivi 2014/49/EU Evropskega parlamenta in Sveta [11];(c) vrsta strank, ki so vključene v finančno dejavnost ali finančno prakso ali ki se jim strukturirana vloga trži ali prodaja, zlasti ob upoštevanju:
the average amount invested by each client in the structured deposit; or
znanj in spretnosti ter sposobnosti strank, vključno s stopnjo izobrazbe, izkušnjami s podobnimi finančnimi produkti ali prodajnimi praksami,
the coverage level defined in Directive 2014/49/EU of the European Parliament and of the Council [11];(c) the type of clients involved in a financial activity or financial practice or to whom a structured deposit is marketed or sold, taking into account, in particular:
gospodarskega položaja strank, vključno z njihovimi prihodki in premoženjem,
clients' skills and abilities, including level of education, experience with similar financial products or selling practices;
temeljnih finančnih ciljev strank, vključno s pokojninskim varčevanjem in financiranjem lastništva doma,
clients' economic situation, including income, wealth;
ali se produkt ali storitev prodaja strankam zunaj namembnega ciljnega trga oziroma ali ciljni trg ni bil ustrezno opredeljen ali
clients' core financial objectives, including pension saving, home ownership financing;
upravičenosti do kritja v okviru sistema zajamčenih vlog;
whether the product or service is being sold to clients outside the intended target market or where the target market has not been adequately identified; or
stopnja preglednosti strukturirane vloge ali vrste finančne dejavnosti ali finančne prakse, zlasti ob upoštevanju:
the eligibility for coverage by a deposit guarantee scheme;
uporabe tehnik, ki pritegnejo pozornost strank, vendar ne izražajo nujno primernosti ali splošne kakovosti produkta ali storitve,
the degree of transparency of the structured deposit or type of financial activity or financial practice, taking into account, in particular:
vrste in preglednosti tveganj,
the use of techniques drawing clients' attention but not necessarily reflecting the suitability or overall quality of the product or service;
uporabe imen produktov ali terminologije ali drugih zavajajočih informacij z namigovanjem na značilnosti produktov, ki ne obstajajo, oziroma
the type and transparency of risks;
ali je razkrita identiteta institucij,ki sprejemajo vloge, ki so lahko odgovorne za vlogo stranke;
the use of product names or of terminology or other information that is misleading by implying product features that do not exist; or
posebne značilnosti ali sestavni deli strukturirane vloge, finančne dejavnosti ali finančne prakse, vključno z morebitnim vgrajenim vzvodom, zlasti ob upoštevanju:
whether the identity of deposit takers which might be responsible for the client's deposit, is disclosed;
vzvoda zaradi financiranja ali
the particular features or components of the structured deposit or financial activity or financial practice, including any embedded leverage, taking into account, in particular:
obstoj in stopnja neskladnosti med pričakovano donosnostjo ali dobičkom za vlagatelje in tveganjem izgube v zvezi s strukturirano vlogo, finančno dejavnostjo ali finančno prakso, zlasti ob upoštevanju:
the leverage due to financing; or
strukturnih stroškov takih strukturiranih vlog, dejavnosti ali prakse in drugih stroškov,
the existence and degree of disparity between the expected return or profit for investors and the risk of loss in relation to the structured deposit, financial activity or financial practice, taking into account, in particular:
profila tveganja/donosnosti;
the structuring costs of such structured deposits, activity or practice and other costs;
stroški in vloženi trud vlagateljev, da lahko izstopijo iz strukturirane vloge, zlasti ob upoštevanju:
the risk-return profile;
dejstva, da predčasno izplačilo ni dovoljeno, ali
the costs of and ease with which investors are able to exit a structured deposit, in particular considering:
oblikovanje cen in povezani stroški strukturirane vloge, finančne dejavnosti ali finančne prakse, zlasti ob upoštevanju:
the fact that early withdrawal is not allowed; or
stopnja inovativnosti strukturirane vloge, finančne dejavnosti ali finančne prakse, zlasti ob upoštevanju:
the pricing and associated costs of the structured deposit, financial activity or financial practice, taking into account, in particular:
stopnje inovativnosti, povezane s strukturo strukturirane vloge, finančne dejavnosti ali finančne prakse, vključno z vgraditvijo in sprožitvijo,
the degree of innovation of a structured deposit, a financial activity or a financial practice, taking into account, in particular:
obsega širjenja inovativnosti, vključno s tem, ali je strukturirana vloga, finančna dejavnost ali finančna praksa inovativna za določene kategorije strank,
the degree of innovation related to the structure of the structured deposit, financial activity or financial practice, including embedding and triggering;
preteklih izkušenj na trgu s podobnimi strukturiranimi vlogami ali prodajnimi praksami;
the extent of innovation diffusion, including whether the structured deposit, financial activity or financial practice is innovative for particular categories of clients;
prodajne prakse, povezane s strukturirano vlogo, zlasti ob upoštevanju:
the past experience of the market with similar structured deposits or selling practices;
tega, ali je odločitev za nakup sekundarna ali terciarna po predhodnem nakupu;
the selling practices associated with the structured deposit, taking into account, in particular:
finančni in poslovni položaj izdajatelja strukturirane vloge, zlasti ob upoštevanju:
whether the decision to buy is a secondary or tertiary following an earlier purchase;
preglednosti poslovnega položaja izdajatelja ali poroka;
the financial and business situation of the issuer of a structured deposit, taking into account, in particular:
ali so informacije o strukturirani vlogi, ki so jih zagotovili proizvajalec ali distributerji, nezadostne ali nezanesljive, da bi tržnim udeležencem, ki so jim bile namenjene, omogočile sprejeti informirano odločitev, pri čemer se upoštevata narava in vrsta strukturirane vloge;
the transparency of the business situation of the issuer or guarantor;
ali strukturirana vloga, finančna dejavnost ali finančna praksa pomeni veliko tveganje za uspešnost poslov, ki so jih sklenili udeleženci ali vlagatelji na upoštevnem trgu;
whether there is insufficient or unreliable information about a structured deposit, provided either by the manufacturer or the distributors, to enable market participants at whom it is targeted to make an informed decision, taking into account the nature and type of the structured deposit;
ali bi strukturirana vloga, finančna dejavnost ali finančna praksa povzročila ranljivost gospodarstva Unije za tveganja;
whether the structured deposit, the financial activity or the financial practice poses a high risk to the performance of transactions entered into by participants or investors in the relevant market;
ali je strukturirana vloga zaradi svojih značilnosti posebej dovzetna za uporabo za namene finančnega kriminala, in zlasti, ali bi lahko zadevne značilnosti spodbudile uporabo strukturiranih vlog za:
whether the structured deposit, the financial activity or the financial practice would leave the Union economy vulnerable to risks;
kršitev pri informacijah ali zlorabo informacij v zvezi s finančnim trgom,
whether the characteristics of a structured deposit make it particularly susceptible to being used for the purposes of financial crime and, in particular whether those characteristics could potentially encourage the use of structured deposits for:
ali lahko strukturirana vloga, finančna dejavnost ali finančna praksa povzroči znatno in umetno razliko med ceno izvedenega finančnega instrumenta in ceno na osnovnem trgu;
misconduct in, or misuse of information, in relation to a financial market;
ali strukturirana vloga, finančna dejavnost ali finančna praksa pomeni veliko tveganje motenj za finančne institucije, ki veljajo za pomembne za finančni sistem Unije, zlasti ob upoštevanju strategije varovanja pred tveganjem, za katero si finančne institucije prizadevajo v zvezi z izdajo strukturirane vloge, vključno z napačnim vrednotenjem kapitalskega jamstva ob zapadlosti ali tveganji izgube dobrega imena, ki jih za finančne institucije predstavljajo strukturirana vloga, praksa ali dejavnost;
whether a structured deposit, a financial activity or a financial practice could lead to a significant and artificial disparity between prices of a derivative and those in the underlying market;
pomembnost porazdelitve strukturirane vloge kot vira financiranja za finančno institucijo;
whether the structured deposit, a financial activity or a financial practice poses a high risk of disruption to financial institutions deemed to be important to the financial system of the Union, in particular considering the hedging strategy pursued by financial institutions in relation to the issuance of the structured deposit, including the mispricing of the capital guarantee at maturity or the reputational risks posed by the structured deposit or practice or activity to the financial institutions;
ali strukturirana vloga, finančna praksa ali finančna dejavnost pomeni velika tveganja za infrastrukturo trga ali plačilnih sistemov oziroma
the relevance of the distribution of structured deposit as a funding source for the financial institution;
ali bi lahko strukturirana vloga, finančna praksa ali finančna dejavnost ogrozila zaupanje vlagateljev v finančni sistem.
whether a structured deposit, financial practice or financial activity poses particular risks to the market or payment systems infrastructure; or
Člen 21
whether a structured deposit or financial practice or financial activity could threaten investors' confidence in the financial system.
Merila in dejavniki, ki jih morajo pristojni organi upoštevati za namene pooblastil za poseganje v zvezi s produkti
Article 21
(člen 42(2) Uredbe (EU) št. 600/2014)
Criteria and factors to be taken into account by competent authorities for the purposes of product intervention powers
Za namene člena 42(2)(a) Uredbe (EU) št. 600/2014 pristojni organi ocenijo pomembnost vseh dejavnikov in meril, navedenih v odstavku 2, ter upošteva vse ustrezne dejavnike in merila pri določanju, kdaj trženje, razširjanje ali prodaja nekaterih finančnih instrumentov ali strukturiranih vlog oziroma finančnih instrumentov ali strukturiranih vlog z nekaterimi določenimi značilnostmi ali vrsta finančne dejavnosti ali prakse ustvarja resnejši zadržek glede zaščite vlagateljev ali nevarnost za pravilno delovanje in celovitost finančnih trgov ali trgov primarnih proizvodov oziroma za stabilnost celotnega finančnega sistema Unije ali njegovega dela.
(Article 42(2) of Regulation (EU) No 600/2014)
Za namene prvega pododstavka lahko pristojni organi določijo obstoj resnejšega zadržka glede zaščite vlagateljev ali resnejše nevarnosti za pravilno delovanje in celovitost finančnih trgov ali trgov primarnih proizvodov oziroma za stabilnost celotnega finančnega sistema ali njegovega dela v najmanj eni državi članici na podlagi enega ali več navedenih dejavnikov in meril.
For the purposes of Article 42(2)(a) of Regulation (EU) No 600/2014, competent authorities shall assess the relevance of all factors and criteria listed in paragraph 2, and take into consideration all relevant factors and criteria in determining when the marketing, distribution or sale of certain financial instruments or structured deposits or financial instruments or structured deposits with certain specified features or a type of financial activity or practice creates a significant investor protection concern or a threat to the orderly functioning and integrity of financial markets or commodity markets or to the stability of the whole or part of the financial system within at least one Member State.
Med dejavniki in merili, ki jih morajo pristojni organi oceniti za ugotovitev, ali obstaja resnejši zadržek glede zaščite vlagateljev ali resnejša nevarnost za pravilno delovanje in celovitost finančnih trgov ali trgov primarnih proizvodov oziroma za stabilnost celotnega finančnega sistema v najmanj eni državi članici ali njegovega dela, so:
For the purposes of the first subparagraph, competent authorities may determine the existence of a significant investor protection concern or a threat to the orderly functioning and integrity of financial markets or commodity markets or to the stability of the whole or part of the financial system within at least one Member State based on one or more of those factors and criteria.
stopnja kompleksnosti finančnega instrumenta ali vrsta finančne dejavnosti ali prakse v zvezi z vrsto strank, kot je ocenjena v skladu s točko (c), ki je vključena v finančno dejavnost ali finančno prakso ali kateri se finančni instrument ali strukturirana vloga ali strukturirana vloga trži ali prodaja, zlasti ob upoštevanju: