natgillin/translations-raw huggingface dataset:
This approach also has support in the CMA's Retail Banking Investigation Final Report, which states that ‘divestment might induce some additional customer engagement on a temporary transitional basis, particularly among customers who saw themselves as having been transferred against their will to a ‘new’ bank, but this is clearly not a desirable way of inducing greater sustained customer engagement’.
S shemo spodbud za prenos računov se bo povečala ozaveščenost MSP kot strank o številnih blagovnih znamkah konkurenčnih subjektov, in sicer na podlagi ciljno usmerjenega oglaševanja ter spodbujanja strank, naj se seznanijo z možnostmi in blagovnimi znamkami konkurenčnih subjektov, preden se odločijo, katerega bodo izbrale.
Instead, the CMA found that non-structural remedies ‘directly targeting the underlying causes of the AEC — i.e. by improving customer engagement and facilitating switching — are much more likely to be effective in addressing the competition issues we had identified…’.
Organi Združenega kraljestva so v odgovor na pripombe zainteresiranih strani in lastno tržno študijo v shemo spodbud za prenos računov vključili tudi naslednje spremembe:
The Incentivised Switching Scheme will build up SME customer awareness of a large number of Challenger Entity brands through the targeted marketing, encouraging the customer to engage with the Challenger Entity options and brands before deciding which one to choose.
skupna velikost sheme se bo povečala s 175 milijonov GBP na 350 milijonov GBP, od katerih bo 225 milijonov GBP na voljo za denarne spodbude za poslovne TRR.
In response to the comments from interested parties and to its own market study, the UK authorities have also made the following changes to the Incentivised Switching Scheme:
50 milijonov GBP bo na voljo za denarne spodbude v zvezi s posojili, da se bo upoštevala pripomba, da bi morala biti shema osredotočena ne samo na prenos poslovnih TRR, ampak tudi na prenos posojil.
the total size of the scheme will increase from GBP 175 million to GBP 350 million of which GBP 225 million will be available for BCA dowries.
Poleg tega bi bilo 75 milijonov GBP še vedno na voljo za olajšanje prenosa (nadomestilo za pogodbene kazni, povezane s prenosom salda posojil, ali stroške tretjih strani, kot so pravni stroški);
GBP 50 million will be available for loan-related dowries to accommodate the comment that the scheme should also focus on transferring loans next to transferring BCAs.
ob povečanju velikosti bo shema spodbud za prenos računov usmerjena tudi na prenos 3-odstotnega tržnega deleža namesto prvotnega 2-odstotnega deleža ter
GBP 75 million would also still be available to help facilitate switching (compensation for break fees related to the transfer of loan balances or other third party costs such as legal fees);
banka RBS bi začela stranke o shemi spodbud za prenos računov obveščati približno tri mesece po uvedbi svežnja in po prvi dodelitvi sredstev iz sklada za razvoj zmogljivosti.
with the increase in size, the Incentivised Switching Scheme will also target a transfer of 3 % market share instead of the initial 2 %; and
PRIPOMBE O SHEMI DOSTOPA DO PODRUŽNIC
RBS would start communicating the Incentivised Switching Scheme to customers around three months after launch of the package and after the first awards of the capability fund are granted.
PRIPOMBE ZAINTERESIRANIH STRANI O SHEMI DOSTOPA DO PODRUŽNIC
COMMENTS ON THE BRANCH ACCESS SCHEME
Več zainteresiranih strani je podvomilo o koristih, ki bi jih shema dostopa do podružnic imela za konkurenco na trgu bančnega poslovanja z MSP, ter menilo, da bosta upravljanje in financiranje sheme pomenili breme za zadevne stranke in konkurenčne subjekte ter bi lahko bili moteč element za organ.
COMMENTS FROM INTERESTED PARTIES ON THE BRANCH ACCESS SCHEME
Majhno število zainteresiranih strani je podprlo shemo dostopa do podružnic in menilo, da jo bodo izkoristile.
A number of interested parties questioned the benefits that the Branch Access Scheme would have on competition in the SME banking market and that the administration and funding of the scheme would be burdensome on the customers and Challenger Entities involved, and may be an unfruitful distraction for the Body.
PRIPOMBE ORGANOV ZDRUŽENEGA KRALJESTVA O SHEMI ZA DOSTOP DO PODRUŽNIC IN PRIPOMBAH ZAINTERESIRANIH STRANI
A small number of interested parties were supportive of the Branch Access Scheme, and believed that they would take advantage of it.
Ob upoštevanju prejetih pripomb, v skladu s katerimi bo shema dostopa do podružnic verjetno le malo zanimiva za konkurenčne subjekte, čeprav bo za nekatere pomembna, bo shema ohranjena, vendar z naslednjimi spremembami:
COMMENTS FROM UK AUTHORITIES ON THE BRANCH ACCESS SCHEME AND ON COMMENTS FROM INTERESTED PARTIES
shema dostopa do podružnic bo na voljo le tistim strankam, ki so se odločile za prenos na podlagi sheme spodbud za prenos računov (in če je zadevna banka, ki sodeluje v shemi spodbud za prenos računov, z banko RBS podpisala listino o medbančnem zastopanju);
Reflecting the comments received that the Branch Access Scheme is likely to be of limited interest to Challenger Entities, although important to a few, the Branch Access Scheme will be retained, but with the following revisions:
banke ne bodo več imele brezplačnega dostopa do podružnic, ampak bo dostop do podružnic za njihove upravičene stranke zagotovljen na podlagi razumnih in nediskriminacijskih pogojev.
the Branch Access Scheme will only be open to those customers that have switched under the Incentivised Switching Scheme (and where the relevant bank participating in the Incentivised Switching Scheme has entered into an Inter-Bank Agency Deed with RBS).
Banke bodo lahko za kritje teh stroškov uporabile sredstva iz sklada za zmogljivost in inovacije in/ali denarne spodbude, prejete na podlagi sheme spodbud za prenos računov.
banks will no longer have access to branches for free, but branch access will be provided for their eligible customers on reasonable and non-discriminatory commercial terms.
Prihranjena sredstva so bila predodeljena drugim vidikom nadomestnega svežnja.
Banks will be able to use money from the Capability and Innovation Fund and/or dowries received under the Incentivised Switching Scheme to cover this cost.
PRIPOMBE O SKLADU ZA INOVACIJE
The money saved has been reallocated to other aspects of the alternative package.
PRIPOMBE ZAINTERESIRANIH STRANI O SKLADU ZA INOVACIJE
COMMENTS ON THE INNOVATION FUND
Nekatere zainteresirane strani so bile kritične do predlaganega sklada za inovacije, saj so menile, da je nepotreben ter da glede na svojo dolgoročno naravo ne bo imel pomembnega učinka na konkurenco in nobenega učinka na položaj banke RBS na trgu MSP v Združenem kraljestvu.
COMMENTS FROM INTERESTED PARTIES ON THE INNOVATION FUND
Trdile so, da bi bilo sredstva iz sklada za inovacije bolje preusmeriti na druge elemente svežnja.
Some interested parties were critical of the proposed Innovation Fund, considering it to be unnecessary and, given its long term nature, believing that it would not have a meaningful impact on competition and will have no effect on RBS's position in the UK SME market.
Nekaj pripomb o skladu za inovacije je bilo pozitivnih, saj naj bi pomagal pospešiti inovacije v sektorju bančnega poslovanja z MSP.
They argued that funding from the Innovation Fund would be better diverted to other elements of the package.
Poleg tega so nekatere zainteresirane strani trdile, da bi morale imeti tudi banke in stanovanjske zadruge možnost dostopa do koristi tega financiranja.
A few comments about the Innovation Fund were positive and this would help to speed up innovation in the SME banking sector.
PRIPOMBE ORGANOV ZDRUŽENEGA KRALJESTVA O SKLADU ZA INOVACIJE IN PRIPOMBAH ZAINTERESIRANIH STRANI
Some also argued that banks and building societies should also be able to access the benefits of this funding.
V odgovor na prejete pripombe bo sklad za inovacije združen s skladom za razvoj zmogljivosti za MSP v sklad za zmogljivost in inovacije.
COMMENTS FROM UK AUTHORITIES ON THE INNOVATION FUND AND ON COMMENTS FROM INTERESTED PARTIES
Namen te združitve je odpraviti pomisleke glede dveh ločenih skladov z zagotovitvijo večje prožnosti pri tem, kdo lahko zaprosi za sredstva in kako bodo ta dodeljena, ob ohranitvi koristi financiranja inovacij, pomembnih za MSP.
In response to comments received, the Innovation Fund will be merged with the SME Capability Fund to create a Capability and Innovation Fund.
OCENA UKREPA/POMOČI
This is intended to address concerns about having two distinct funds by allowing more flexibility in who may apply and how the funds are allocated, whilst maintaining the benefits of funding for innovations relevant to SMEs.
OBSTOJ DRŽAVNE POMOČI
ASSESSMENT OF THE MEASURE/AID
Da bi bil ukrep opredeljen kot državna pomoč v smislu navedene določbe, morajo biti torej izpolnjeni naslednji kumulativni pogoji: (i) ukrep je mogoče pripisati državi in se financira z državnimi sredstvi; (ii) prejemniku mora dodeliti prednost; (iii) ta prednost mora biti selektivna ter (iv) ukrep mora izkrivljati ali bi lahko izkrivljal konkurenco in lahko vpliva na trgovino med državami članicami.
According to Article 107(1) TFEU, any aid granted by a Member State or through State resources in any form whatsoever which distorts, or threatens to distort, competition by favouring certain undertakings, in so far as it affects trade between Member States, is prohibited.
Posodobljeni nadomestni sveženj, opisan v oddelku 2.3, pomeni finančne stroške za banko RBS.
The Commission observes that the UK authorities consider that no additional State aid would be granted as part of the updated alternative package.
Na podlagi podatkov, ki so jih predložili organi Združenega kraljestva, bi ocenjeni začetni stroški banke RBS za nadomestni sveženj znašali približno 833 milijonov GBP ob dodatnih stalnih stroških zaradi izgubljenega dobička.
The qualification of a measure as State aid within the meaning of that provision therefore requires the following cumulative conditions to be met: (i) the measure must be imputable to the State and financed through State resources; (ii) it must confer an advantage on its recipient; (iii) that advantage must be selective; and (iv) the measure must distort or threaten to distort competition and have the potential to affect trade between Member States.
Država banki RBS ne bo zagotovila državnih sredstev za financiranje navedenih ukrepov.
POTENTIAL AID TO RBS
Stroške posodobljenega nadomestnega svežnja bo v celoti krila banka RBS.
The updated alternative package described in Section 2.3 represents a financial cost to RBS.
Ker posodobljeni nadomestni sveženj ne vključuje državnih sredstev za banko RBS, ni treba oceniti drugih kumulativnih pogojev za to, da bi bil ukrep opredeljen kot državna pomoč.
Based on the data provided by the UK authorities, the alternative package would have an estimated upfront cost to RBS of around GBP 833 million, with an additional ongoing cost in lost profits.
Nadomestni sveženj torej ne vključuje nove pomoči za banko RBS.
There will be no State resource flowing from the State to RBS to finance those Measures.
MOREBITNA POMOČ UPRAVIČENCEM V OKVIRU NADOMESTNEGA SVEŽNJA
The cost of the updated alternative package will be borne entirely by RBS.
Komisija ugotavlja, da ni neposredne povezave med državno pomočjo, ki je bila banki RBS dodeljena v letih 2008 in 2009, ter posodobljenim nadomestnim svežnjem, opisanim v oddelku 2.3.
Given that the updated alternative package does not involve State resources with respect to RBS, there is no need to assess the other cumulative conditions for a measure to qualify as State aid.
Organi Združenega kraljestva so se namreč v postopku, katerega rezultat je bil sklep o prestrukturiranju, zavezali k odprodaji poslovnih enot Rainbow, odobritev pomoči pa je temeljila na navedeni zavezi.
Hence, the alternative package does not involve new aid to RBS.
Nadomestni sveženj je bil predlagan osem let po odobritvi zadnje kapitalske pomoči banki RBS.
POTENTIAL AID TO BENEFICIARIES OF ALTERNATIVE PACKAGE
Zato je mogoče izključiti, da je neposredno povezan ali financiran s pomočjo za banko RBS iz let 2008 in 2009.
The Commission observes that there is no direct link between the State aid granted to RBS in 2008 and 2009 and the updated alternative package described in Section 2.3.
Vendar pa je treba opozoriti, da ima država, kot je navedeno v uvodni izjavi 15, še vedno v lasti 71,2 % delnic banke RBS.
Indeed, in the procedure leading to the Restructuring Decision, the UK authorities committed to divest the Rainbow business and the approval of the aid was based on that commitment.
To kaže, da finančno breme nadomestnega svežnja posredno, vendar večinoma nosi država kot večinska delničarka banke RBS.
The alternative package has been proposed eight years after the granting of the last capital aid to RBS.
Poleg tega so organi Združenega kraljestva tesno sodelovali pri oblikovanju nadomestnega svežnja, kar bi lahko kazalo na to, da je mogoče oblikovanje svežnja pripisati državi.
Therefore, it can be excluded that the alternative package is directly linked or funded by the 2008 and 2009 aid to RBS.
Z nadomestnim svežnjem bi tudi lahko bila dodeljena selektivna prednost podjetjem, ki so upravičena do njegovega koriščenja.
It should however be noted that, as indicated in recital 15, the State still owns 71,2 % of RBS's shares.
Poleg tega je ukrep zasnovan tako, da svoje učinke usmerja h konkurenčnim subjektom.
This suggests that the financial burden of the alternative package is indirectly but largely borne by the State, as the majority shareholder of RBS.
Tudi če bi se za nadomestni sveženj štelo, da pomeni državno pomoč bankam, ki bi ga koristile, pa Komisija meni, da je združljiv kot nujen del zavez, na podlagi katerih se ukrepi pomoči v korist banke RBS štejejo za združljive na podlagi sklepa o prestrukturiranju, spremenjenega sklepa o prestrukturiranju in tega sklepa.
In addition, the UK authorities have been closely involved in the design of the alternative package which could suggest that the design of the package is imputable to the State.
SKLEPNA UGOTOVITEV O OBSTOJU NOVE POMOČI
Moreover, the alternative package could give a selective advantage to the undertakings that are entitled to benefit from it.
Komisija glede na elemente, obravnavane v oddelku 5.1.1, ugotavlja, da posodobljeni nadomestni sveženj ne pomeni nove državne pomoči za banko RBS.
The measure is also designed in such a way as to channel its effects towards the Challenger Entities.
Kot je analizirano v oddelku 5.1.2, se, kolikor nadomestni sveženj pomeni državno pomoč bankam, ki ga koristijo, taka pomoč šteje za združljivo na podlagi člena 107(3)(b) PDEU kot nujen del zavez, na podlagi katerih se začetni ukrepi pomoči v korist banke RBS v tej zadevi štejejo za združljive.
However, even if the alternative package was considered to constitute State aid to the banks which would benefit from it, the Commission considers that it is compatible as a necessary part of the Commitments on the basis of which the aid measures in favour of RBS are considered compatible on the basis of the Restructuring Decision, the Amended Restructuring Decision and the present Decision.
Združljivost obstoječe pomoči za banko RBS, kar zadeva nadomestitev zaveze za odprodajo z nadomestnim svežnjem, je analizirana v oddelku 5.2 tega sklepa.
CONCLUSION ON THE EXISTENCE OF NEW AID
ZDRUŽLJIVOST
In view of the elements discussed in Section 5.1.1, the Commission concludes that the updated alternative package does not qualify as new State aid to RBS.
Medtem ko se za posodobljeni nadomestni sveženj ne zdi, da bi vseboval novo državno pomoč za banko RBS, je bila obstoječa pomoč odobrena med drugim na podlagi zaveze za odprodajo poslovnih enot Rainbow.
As analysed in Section 5.1.2, to the extent the alternative package qualifies as State aid to the banks which benefit from it, such aid is considered compatible on the basis of Article 107(3)(b) TFEU as necessary part of the Commitments on the basis of which the initial aid measures in favour of RBS are considered compatible in the present case.
Organi Združenega kraljestva zdaj želijo to zavezo nadomestiti z zavezo za izvajanje posodobljenega nadomestnega svežnja.
The compatibility of the existing aid to RBS in view of the replacement of the divestment commitment by the alternative package is analysed in Section 5.2 of the present Decision.
Komisija mora torej oceniti, ali bi se zaradi predlagane nadomestitve spremenila sklepna ugotovitev, da je obstoječa pomoč za banko RBS združljiva z notranjim trgom.
COMPATIBILITY
Komisija lahko načeloma spremeni sklep o prestrukturiranju, kakršen je spremenjeni sklep o prestrukturiranju, če sprememba temelji na novih zavezah, ki se lahko štejejo za enakovredne prvotno danim zavezam.
Whilst the updated alternative package does not appear to contain new State aid to RBS, the existing aid was authorised, inter alia, on the basis of the commitment to sell the Rainbow business.
V takem primeru bi obstoječi ukrepi pomoči ostali združljivi na podlagi člena 107(3)(b) PDEU, če bi splošno ravnotežje prvotnega sklepa ostalo nespremenjeno.
The UK authorities now request to replace this commitment with a commitment to implement the updated alternative package.
Da bi se ohranilo prvotno ravnotežje, nadomestitev zaveze za odprodajo z nadomestnim svežnjem ne bi smela negativno vplivati na uspešnost poslovanja upravičenca do pomoči, pri čemer ostanejo splošne zaveze z vidika delitve bremena in izravnalnih ukrepov enakovredne, ob upoštevanju zahtev iz sporočila o prestrukturiranju.
Therefore, the Commission has to assess whether the proposed replacement would alter the conclusion that the existing aid to RBS is compatible with the internal market.
USPEŠNO POSLOVANJE
A restructuring decision, such as the Amended Restructuring Decision, can in principle be amended by the Commission where the modification is based on new commitments which can be considered equivalent to those originally provided.
Komisija mora oceniti, ali spremembe v spremenjenih zavezah pod vprašaj postavljajo ugotovitev iz spremenjenega sklepa o prestrukturiranju glede sposobnosti banke RBS, da obnovi uspešnost svojega poslovanja brez dodatne državne pomoči.
In that situation, the existing aid measures would remain compatible on the basis of Article 107(3)(b) TFEU if the overall balance of the original decision remains intact.
Glede na oceno, ki so jo predložili organi Združenega kraljestva (glej preglednico 3), stroški nadomestnega svežnja niso višji od stroškov nadaljevanja odprodaje poslovnih enot Rainbow.
In order to preserve the original balance, the replacement of the divestment commitment by the alternative package should not negatively affect the viability of the aid beneficiary, with the overall set of commitments remaining equivalent in terms of burden-sharing and compensatory measures taking into account the requirements of the Restructuring Communication.
Komisija torej meni, da prehod na nadomestni sveženj ne bo bistveno vplival na uspešnost poslovanja banke RBS.
VIABILITY
Opozoriti je treba tudi, da same poslovne enote Rainbow niso subjekt, ki bi ustvarjal izgube.
The Commission has to assess whether the modifications to the Amended Commitments call into question the conclusion reached in the Amended Restructuring Decision as to RBS's ability to restore its viability without requiring further State aid.
Zato spremembe v spremenjenih zavezah, da se banki RBS omogoči ohranitev poslovnih enot Rainbow, ne bodo negativno vplivale na dobičkonosnost banke RBS.
According to the estimation provided by the UK authorities (see Table 3), the cost of the alternative package is not higher than the costs of continuing with the divestment of the Rainbow business.
Komisija predhodno ugotavlja, da spremembe, ki so jih predlagali organi Združenega kraljestva, ne ogrožajo uspešnosti poslovanja banke RBS.
The Commission therefore considers that switching to the alternative package would not significantly affect RBS's viability.
Banka RBS je imela od leta 2008 precejšnje izgube, ki jih je mogoče pripisati navadnim delničarjem ter so predvsem posledica kopičenja velikih enkratnih postavk, kot so globe in poravnave za preteklo neprimerno ravnanje in zavajajočo prodajo nekaterih produktov, stroškov prestrukturiranja in izgub v zvezi z neključnimi sredstvi, ki so bile večje od pričakovanih.
It should also be noted that the Rainbow business itself is not a loss-making entity.
Komisija mora torej oceniti, ali je njena ugotovitev, da bo lahko banka RBS obnovila svojo dobičkonosnost in uspešnost poslovanja brez dodatne finančne pomoč, še vedno veljavna.
Consequently, the modifications to the Amended Commitments to allow RBS to retain the Rainbow business would not negatively impact the profitability of RBS.
Komisija ugotavlja, da rezultati banke RBS v prvem polletju 2017 kažejo na izboljšano dobičkonosnost.
The Commission preliminarily concludes that the amendments proposed by the UK authorities do not endanger the viability of RBS.
Banka RBS je za prvo polletje 2017 izkazala dobiček iz poslovanja za navadne delničarje v višini 939 milijonov GBP.
RBS has had significant losses attributable to the ordinary shareholders since 2008, which are mainly a result of the accumulation of large one-off items as fines and settlements for past misconduct and mis-selling of certain products, restructuring costs and higher than expected losses on non-core assets.
Količniki temeljnega kapitala prvega reda so se od leta 2013 dodatno izboljšali in temeljni dobiček iz poslovanja je bil še naprej pozitiven, kot je opisano v uvodni izjavi 11 sklepa o začetku postopka.
The Commission has therefore to assess whether its conclusion that RBS will be able to restore its profitability and viability without further State aid is still valid.
Komisija zato meni, da predlagane spremembe ne postavljajo pod vprašaj ugotovitve iz spremenjenega sklepa o prestrukturiranju glede sposobnosti banke RBS, da obnovi uspešnost svojega poslovanja.
The Commission notes that the H1 2017 results of RBS indicate improved profitability.
PORAZDELITEV BREMENA
RBS reported an operating profit to ordinary shareholders of GBP 939 million for 1H 2017.
V spremenjenem sklepu o prestrukturiranju je navedeno, da se je odprodaja poslovnih enot Rainbow upoštevala kot ukrep za omejitev izkrivljanja konkurence ter da ni bila niti ukrep za porazdelitev bremena niti ukrep za omejitev stroškov prestrukturiranja.
The Core Tier 1 capital ratios have improved further since 2013 and the core operating profit has continued to be positive as described in recital 11 of the Opening Decision.
Predlagani posodobljeni nadomestni sveženj kot tak ne vpliva na oceno porazdelitve bremena, ki jo je predhodno opravila Komisija.
The Commission therefore considers that the proposed amendments do not call into question the conclusion reached in the Amended Restructuring Decision as to RBS's ability to restore its viability.
Priglašene spremembe torej ne vplivajo na oceno porazdelitve bremena iz sklepa o prestrukturiranju in spremenjenega sklepa o prestrukturiranju.
BURDEN SHARING
UKREPI ZA OMEJITEV IZKRIVLJANJA KONKURENCE
The Amended Restructuring Decision indicates that the divestment of the Rainbow business was taken into account as a measure to limit distortions of competition and it was neither a burden-sharing measure nor a measure to limit restructuring costs.
V skladu s spremenjenim sklepom o prestrukturiranju je bil glavni namen zaveze za odprodajo poslovnih enot Rainbow omejiti izkrivljanje konkurence, ki bi ga lahko povzročila pomoč banki RBS.
As such, the proposed updated alternative package does not affect the burden-sharing assessment previously carried out by the Commission.
Natančneje, z zavezo za odprodajo poslovnih enot Rainbow naj bi se preprečilo, da bi zelo visok znesek državne pomoči, odobrene banki RBS v letih 2008 in 2009, povzročil neupravičeno izkrivljanje konkurence na trgu Združenega kraljestva za bančne storitve za MSP in srednje velike korporacije, na katerem je bila banka RBS vodilna.