natgillin/translations-raw huggingface dataset:
a participant's client's omnibus account;
zbirnim računom stranke udeleženca;
the currency in which the settlement instructions are denominated.
valuta, v kateri so denominirana navodila za poravnavo.
CSDs shall establish working arrangements with the participants referred to in fields 17 and 18 of Table 1 in Annex I which have the most significant impact on their securities settlement systems and, where applicable, with relevant CCPs and trading venues to analyse the main reasons for the settlement fails.
CDD določijo delovne dogovore z udeleženci iz polj 17 in 18 preglednice 1 Priloge I, ki imajo največji vpliv na njihove sisteme poravnave vrednostnih papirjev, po potrebi pa tudi z ustreznimi CNS in mesti trgovanja, da analizirajo glavne razloge za neuspešne poravnave.
Reporting settlement fails
Poročanje o neuspešnih poravnavah
CSDs shall communicate the information referred to in Annex I to the competent authority and the relevant authorities on a monthly basis and by close of business on the fifth business day of the following month.
CDD mesečno sporočijo informacije iz Priloge I pristojnemu organu in zadevnim organom, in sicer do zaključka poslovanja petega delovnega dne v naslednjem mesecu.
That information shall include the relevant values in EUR.
Navedene informacije vključujejo ustrezne vrednosti v eurih.
Any value conversion into EUR shall be carried out using the official exchange rate of the ECB of the last day of the reporting period where that official exchange rate of the ECB is available.
Vse pretvorbe vrednosti v eure se izvedejo na podlagi uradnega menjalnega tečaja ECB na zadnji dan obdobja poročanja, kadar je navedeni uradni menjalni tečaj ECB na voljo.
CSDs shall report more frequently and provide additional information on settlement fails if so requested by the competent authority.
CDD na zahtevo pristojnega organa poročajo pogosteje in zagotovijo dodatne informacije o neuspešnih poravnavah.
By 20 January of each year, CSDs shall report to the competent authority and the relevant authorities the information referred to in Annex II, including the measures planned or taken by CSDs and their participants to improve the settlement efficiency of the security settlement systems it operates.
CDD vsako leto do 20. januarja pristojnemu organu in zadevnim organom sporočijo informacije iz Priloge II, vključno z ukrepi, ki jih skupaj z udeleženci načrtujejo ali so jih sprejele za izboljšanje učinkovitosti poravnave v sistemih poravnave vrednostnih papirjev, ki jih upravljajo.
CSDs shall regularly monitor the application of the measures referred to in the first subparagraph and shall provide the competent authority and the relevant authorities, upon request, with any relevant findings resulting from such monitoring.
CDD redno spremljajo uporabo ukrepov iz prvega pododstavka ter pristojnemu organu in zadevnim organom na zahtevo zagotovijo vse ustrezne ugotovitve, pridobljene s takim spremljanjem.
The information referred to in paragraphs 1 and 2 shall be provided in a machine-readable format.
Informacije iz odstavkov 1 in 2 se zagotovijo v strojno berljivi obliki.
The value of settlement instructions referred to in Annexes I to III shall be calculated as follows:
Vrednost navodil za poravnavo iz prilog od I do III se izračuna, kot sledi:
in the case of settlement instructions against payment, the settlement amount of the cash leg;
v primeru navodil za poravnavo proti plačilu je to znesek poravnave denarnega dela;
in the case of FoP settlement instructions, the market value of the financial instruments referred to in Article 32(3) or, where not available, the nominal value of the financial instruments.
v primeru navodil za poravnavo brez sočasnega plačila (FOP) je to tržna vrednost finančnih instrumentov iz člena 32(3) ali nominalna vrednost finančnih instrumentov, če tržna ni na voljo.
Public disclosure on settlement fails
Javno razkritje neuspešnih poravnav
CSDs shall publish the information set out in Annex III for the securities settlement system it operates on their website for free, including the relevant values in EUR.
CDD na svoji spletni strani brezplačno objavijo informacije iz Priloge III, vključno z ustreznimi vrednostmi v eurih, za sistem poravnave vrednostnih papirjev, ki ga upravljajo.
The information referred to in the first subparagraph shall be published annually and in a language customary in the sphere of international finance and shall be machine-readable.
Informacije iz prvega pododstavka se objavijo letno v jeziku, ki se običajno uporablja na področju mednarodnih financ, in v strojno berljivi obliki.
Cash penalties
Denarne kazni
Calculation and application of cash penalties
Izračun in uporaba denarnih kazni
The cash penalties referred to in Article 7(2) of Regulation (EU) No 909/2014 shall be calculated and applied by CSDs for each settlement instruction that fails to settle.
CDD izračunajo in uporabijo denarne kazni iz člena 7(2) Uredbe (EU) št. 909/2014 za vsako navodilo za poravnavo, ki ni uspešno poravnano.
The calculation referred to in the first subparagraph shall include settlement instructions that have been put on hold by a participant.
Izračun iz prvega pododstavka vključuje navodila za poravnavo, ki jih je udeleženec zadržal.
Where matching is required pursuant to Article 5(2), cash penalties shall only be applied to matched settlement instructions.
Kadar je v skladu s členom 5(2) potrebna uskladitev, se denarne kazni uporabijo samo za usklajena navodila za poravnavo.
Cash penalties shall be calculated and applied at the end of each business day where the settlement instruction fails to settle.
Denarne kazni se izračunajo in uporabijo ob koncu vsakega delovnega dne, v katerem navodilo za poravnavo ni uspešno poravnano.
Where a settlement instruction has been entered into the securities settlement system or has been matched after the intended settlement date, cash penalties shall be calculated and applied as from the intended settlement date.
Kadar se navodilo za poravnavo vnese v sistem poravnave vrednostnih papirjev ali uskladi po načrtovanem datumu poravnave, se denarne kazni izračunajo in uporabljajo od načrtovanega datuma poravnave.
Where new settlement instructions are entered into the securities settlement system for any non-delivered financial instruments in accordance with Article 27(10), Article 29(11) or Article 31(11), cash penalties shall apply to the new settlement instructions from the day those instructions are entered into the securities settlement system.
Kadar se v skladu s členom 27(10), 29(11) ali 31(11) vnesejo nova navodila za poravnavo v sistem poravnave vrednostnih papirjev za vse finančne instrumente, ki niso bili dostavljeni, se denarne kazni uporabljajo za nova navodila za poravnavo od dneva vnosa navedenih navodil v sistem poravnave vrednostnih papirjev.
Where settlement instructions have been matched after the intended settlement date, cash penalties for the period between the intended settlement date and the business day prior to the day on which matching has taken place shall be paid by the last participant who has entered or modified the relevant settlement instruction in the securities settlement system.
Kadar se navodila za poravnavo uskladijo po načrtovanem datumu poravnave, denarne kazni za obdobje med načrtovanim datumom poravnave in delovnim dnevom pred dnevom uskladitve plača zadnji udeleženec, ki je vnesel zadevno navodilo za poravnavo v sistem poravnave vrednostnih papirjev ali ga spremenil.
CSDs shall provide each relevant participant with the details of the calculation of the penalties for each failed settlement instruction on a daily basis, including details on the account to which each failed settlement instruction refers.
CDD vsakemu ustreznemu udeležencu dnevno zagotovijo podrobnosti izračuna kazni za vsako neuspešno navodilo za poravnavo, vključno s podrobnostmi o računu, na katerega se posamezno neuspešno navodilo nanaša.
Collection and distribution of cash penalties
Pobiranje in razdeljevanje denarnih kazni
CSDs shall charge and collect on at least a monthly basis the net amount of cash penalties to be paid by each failing participant.
CDD vsaj mesečno zaračunajo in poberejo neto znesek denarnih kazni, ki jih mora plačati vsak udeleženec, ki ne izpolnjuje obveznosti.
Cash penalties shall be deposited into a dedicated cash account.
Denarne kazni se položijo na namenski gotovinski račun.
CSDs shall distribute on at least a monthly basis the net amount of cash penalties referred to in paragraph 1 to receiving participants affected by settlement fails.
CDD vsaj mesečno razdelijo neto znesek denarnih kazni iz odstavka 1 udeležencem prejemnikom, ki so jih prizadele neuspešne poravnave.
Costs of the penalty mechanism
Stroški mehanizma kazni
CSDs shall not use cash penalties to cover costs related to the penalty mechanism.
CDD ne uporabljajo denarnih kazni za kritje stroškov, povezanih z mehanizmom kazni.
CSDs shall disclose, in detail, the amount of the costs referred to in paragraph 1 to participants.
CDD udeležencem podrobno razkrijejo znesek stroškov iz odstavka 1.
CSDs shall charge participants separately for the costs of the penalty mechanism.
CDD udeležencem stroške mehanizma kazni zaračunavajo ločeno.
Those costs shall not be charged on the basis of gross penalties applied to each participant.
Navedeni stroški se ne zaračunajo na podlagi bruto kazni, uporabljenih za posameznega udeleženca.
Penalty mechanism where the participant is a CCP
Mehanizem kazni v primeru, ko je udeleženec CNS
Where the failing or the receiving participant is a CCP, CSDs shall ensure the following:
Kadar je udeleženec, ki ne izpolnjuje obveznosti, ali udeleženec prejemnik CNS, CDD zagotovijo naslednje:
that CCPs are provided with the calculation of the cash penalties for the failed settlement instructions submitted by those CCPs;
da se CNS zagotovi izračun denarnih kazni za neuspešna navodila za poravnavo, ki so jih predložile navedene CNS;
that CCPs collect the cash penalties referred to in point (a) from the clearing members that caused the settlement fails;
da CNS poberejo denarne kazni iz točke (a) od klirinških članov, ki so povzročili neuspešne poravnave;
that CCPs distributes the cash penalties referred to in point (b) to the clearing members that are affected by the settlement fails;
da CNS razdelijo denarne kazni iz točke (b) klirinškim članom, ki so jih prizadele neuspešne poravnave;
that CCPs report to the CSD on the penalties that they have collected and distributed, on a monthly basis.
da CNS mesečno poročajo CDD o kaznih, ki so jih pobrale in razdelile.
CSDs that use a common settlement infrastructure
CDD, ki uporabljajo skupno infrastrukturo za poravnave
CSDs that use a common settlement infrastructure, including where some of their services or activities have been outsourced as referred to in Article 30(5) of Regulation (EU) No 909/2014, shall jointly establish the penalty mechanism referred to in Article 7(2) of Regulation (EU) No 909/2014 and jointly manage the modalities for the calculation, application, collection and distribution of cash penalties in accordance with this Regulation.
CDD, ki uporabljajo skupno infrastrukturo za poravnave, tudi v primerih, ko nekatere storitve ali dejavnosti oddajo v zunanje izvajanje v skladu s členom 30(5) Uredbe (EU) št. 909/2014, skupaj vzpostavijo mehanizem kazni iz člena 7(2) Uredbe (EU) št. 909/2014 in skupaj upravljajo načine izračuna, uporabe, pobiranja in razdeljevanja denarnih kazni v skladu s to uredbo.
Details of the buy-in process
Podrobnosti postopka kritnega nakupa
Buy-in not possible
Kritni nakup ni mogoč
A buy-in shall only be considered not possible where:
Šteje se, da kritni nakup ni mogoč, samo kadar:
the relevant financial instruments no longer exist;
zadevni finančni instrumenti ne obstajajo več;
for transactions not cleared by a CCP, the failing trading venue member or the failing trading party is subject to insolvency proceedings.
je bil pri poslih, katerih obračuna ne opravi CNS, zoper člana mesta trgovanja, ki ne izpolnjuje obveznosti, ali stran v poslu, ki ne izpolnjuje obveznosti, uveden postopek zaradi insolventnosti.
For the purposes of point (b), insolvency proceeding shall mean any collective measure provided for in the law of a Member State, or a third country, either to wind up the trading venue member or trading party or to reorganise it, where such measure involves the suspension or imposition of limitations on transfers or payments.
V točki (b) postopek zaradi insolventnosti pomeni vsak skupen ukrep, predviden v zakonodaji države članice ali tretje države, bodisi za prenehanje bodisi reorganizacijo člana mesta trgovanja ali strani v poslu, kadar zajema tak ukrep izključitev ali omejitev prenosov ali plačil.
Ineffective buy-in process
Neučinkovit postopek kritnega nakupa
For the purposes of point (b) of Article 7(4) of Regulation (EU) No 909/2014, the following operations shall be considered to be composed of several transactions:
Za namene točke (b) člena 7(4) Uredbe (EU) št. 909/2014 se šteje, da so iz več poslov sestavljeni naslednji posli:
operations where one party sells financial instruments for cash (‘first transaction’), with a commitment of the other party to sell equivalent financial instruments to the first party for a price that is determined or determinable (‘second transaction’);
posli, pri katerih ena stran proda finančne instrumente za denar („prvi posel“), pri čemer se druga stran zaveže, da bo prvi prodala enakovredne finančne instrumente po določeni ali določljivi ceni („drugi posel“);
operations where one party transfers financial instruments to another party (‘first transaction’), with a commitment of that other party to return equivalent financial instruments to the first party (‘second transaction’).
posli, pri katerih ena stran prenese finančne instrumente na drugo („prvi posel“), pri čemer se zadevna druga stran zaveže, da bo prvi vrnila enakovredne finančne instrumente („drugi posel“).
Where paragraph 1 applies, the buy-in process shall be considered ineffective where the intended settlement date of the second transaction is set within 30 business days after the intended settlement date of the first transaction.
Kadar se uporablja odstavek 1, se šteje, da je postopek kritnega nakupa neučinkovit, če se načrtovani datum poravnave drugega posla določi v 30 delovnih dneh po načrtovanem datumu poravnave prvega posla.
Application of partial settlement
Uporaba delne poravnave
Where on the last business day of the extension period referred to in Article 7(3) of Regulation (EU) No 909/2014, some of the relevant financial instruments are available for delivery to the receiving participant, the receiving and failing clearing members, trading venue members or trading parties, as applicable, shall partially settle the initial settlement instruction unless the conditions set out in Article 12(1) of this Regulation are fulfilled.
Kadar so nekateri ustrezni finančni instrumenti zadnji delovni dan podaljšanega obdobja iz člena 7(3) Uredbe (EU) št. 909/2014 na voljo za dostavo udeležencu prejemniku, klirinški člani, člani mesta trgovanja ali strani v poslu, ki so prejemniki, in tisti, ki ne izpolnjuje obveznosti, delno poravnajo začetno navodilo za poravnavo, razen če so izpolnjeni pogoji iz člena 12(1) te uredbe.
The first subparagraph shall not apply where the relevant settlement instruction is put on hold in accordance with Article 8.
Prvi pododstavek se ne uporablja v primeru zadržanja zadevnega navodila za poravnavo v skladu s členom 8.
Buy-in agent
Posrednik za kritni nakup
A buy-in agent shall not have any conflict of interest in the execution of a buy-in and shall execute the buy-in on the terms most favourable to the failing clearing member, trading venue member or trading party, as applicable, in accordance with Article 27 of Directive 2014/65/EU.
Posrednik za kritni nakup nima navzkrižja interesov pri izvršitvi kritnega nakupa in ga v skladu s členom 27 Direktive 2014/65/EU izvrši pod pogoji, ki so najugodnejši za klirinškega člana, člana mesta trgovanja ali stran v poslu, ki ne izpolnjuje obveznosti.
Contractual arrangements and procedures
Pogodbeni dogovori in postopki
Parties in the settlement chain shall establish contractual arrangements with their relevant counterparties that incorporate the buy-in process requirements specified in paragraph 2 and the procedures specified in paragraph 3.
Strani v verigi poravnav sklenejo pogodbene dogovore s svojimi ustreznimi nasprotnimi strankami, v katere vključijo zahteve za postopek kritnega nakupa, določene v odstavku 2, in postopke, določene v odstavku 3.
The contractual arrangements referred to in paragraph 1 shall fully incorporate the applicable requirements set out in Article 7 of Regulation (EU) No 909/2014 and Articles 26 to 38 of this Regulation.
V pogodbene dogovore iz odstavka 1 se v celoti vključijo veljavne zahteve iz člena 7 Uredbe (EU) št. 909/2014 ter členov 26 do 38 te uredbe.
Each party in the settlement chain shall ensure that the contractual arrangements established with its relevant counterparties are enforceable in all relevant jurisdictions.
Vsaka stran v verigi poravnav zagotovi, da so pogodbeni dogovori, sklenjeni z njenimi ustreznimi nasprotnimi strankami, izvršljivi v vseh ustreznih jurisdikcijah.
CCPs, clearing members, trading venue members or trading parties shall establish the necessary procedures to execute the buy-in, pay the cash compensation, the price difference and the buy-in costs within the required timeframes.
CNS, klirinški člani, člani mesta trgovanja ali strani v poslu določijo postopke, potrebne za izvršitev kritnega nakupa ter plačilo denarnega nadomestila, razlike v ceni in stroškov kritnega nakupa v zahtevanih časovnih okvirih.
The contractual arrangements and the procedures referred to in this Article shall include the necessary provisions to ensure that the relevant parties in the settlement chain receive the information required to exercise their rights and obligations in accordance with the timeframes specified in Articles 26 to 35 of this Regulation.
Pogodbeni dogovori in postopki iz tega člena vključujejo določbe, potrebne za zagotovitev, da ustrezne strani v verigi poravnav prejmejo informacije, potrebne za uveljavljanje njihovih pravic in izpolnjevanje obveznosti v skladu s časovnimi okviri iz členov 26 do 35 te uredbe.
The participants shall establish the necessary contractual arrangements with their clients to ensure that the buy-in requirements set out in this Regulation are enforceable in all the jurisdictions to which parties in the settlement chain belong.
Udeleženci s svojimi strankami sklenejo potrebne pogodbene dogovore za zagotovitev izvršljivosti zahtev za kritni nakup, določenih v tej uredbi, v vseh jurisdikcijah, ki jim strani v verigi poravnav pripadajo.
The bought-in financial instruments may only be considered as delivered for the purposes of Article 27, Article 29 and Article 31 where those instruments have been received in the securities settlement system operated by the CSD by the receiving participants acting on behalf of the CCP, the receiving clearing members, trading venue members or trading parties.
Šele ko udeleženci prejemniki, ki delujejo v imenu CNS, klirinških članov, članov mesta trgovanja ali strani v poslu, ki so prejemniki, prejmejo finančne instrumente, pridobljene s kritnim nakupom, v sistemu poravnave vrednostnih papirjev, ki ga upravlja CDD, se lahko šteje, da so bili navedeni finančni instrumenti dostavljeni za namene členov 27, 29 in 31.
The cash compensation referred to in Article 33 and the price difference referred to in Article 35(1) may only be considered as paid where the cash payment has been received by the receiving participants acting on behalf of the CCP, the receiving clearing members, trading venue members or trading parties.
Šele ko udeleženci prejemniki, ki delujejo v imenu CNS, klirinških članov, članov mesta trgovanja ali strani v poslu, ki so prejemniki, prejmejo denarno plačilo, se lahko šteje, da sta bila denarno nadomestilo iz člena 33 in razlika v ceni iz člena 35(1) plačana.
Buy-in process for transactions cleared by a CCP
Postopek kritnega nakupa za posle, katerih obračun opravi CNS
Initial verification
Začetno preverjanje
On the business day following the expiry of the extension period, CCPs shall verify whether a buy-in is possible in accordance with Article 21(a) in relation to any of the transactions it has cleared.
CNS na delovni dan po izteku podaljšanega obdobja preverijo, ali je za kateri koli posel, ki so ga obračunale, v skladu s členom 21(a) mogoč kritni nakup.
Where a buy-in is not possible pursuant to Article 21(a), the CCP shall notify the failing clearing member of the cash compensation amount calculated in accordance with Article 32.
Če kritni nakup v skladu s členom 21(a) ni mogoč, CNS klirinškega člana, ki ne izpolnjuje obveznosti, obvesti o znesku denarnega nadomestila, izračunanem v skladu s členom 32.
The cash compensation shall be paid in accordance with Article 33(1).
Denarno nadomestilo se plača v skladu s členom 33(1).
Where a buy-in is possible, Article 27 shall apply.
Kadar je kritni nakup mogoč, se uporablja člen 27.
Buy-in procedure and notifications
Postopek kritnega nakupa in obvestila o njem
Where a buy-in is possible, CCPs shall launch an auction or appoint a buy-in agent on the business day following the expiry of the extension period and notify the failing and receiving clearing members thereof.
Kadar je kritni nakup mogoč, CNS na delovni dan po izteku podaljšanega obdobja začnejo dražbo ali imenujejo posrednika za kritni nakup ter o tem obvestijo klirinškega člana, ki ne izpolnjuje obveznosti, in klirinškega člana prejemnika.
Upon receipt of the notification referred to in paragraph 1, the failing clearing member shall ensure that any relevant settlement instruction relating to the settlement fail is put on hold.
Klirinški član, ki ne izpolnjuje obveznosti, po prejemu obvestila iz odstavka 1 zagotovi, da se vsa ustrezna navodila za poravnavo, ki se nanašajo na neuspešno poravnavo, zadržijo.
Upon receipt of the notification referred to in paragraph 1, the failing clearing member may only deliver the financial instruments as follows:
Po prejemu obvestila iz odstavka 1 lahko klirinški član, ki ne izpolnjuje obveznosti, dostavi finančne instrumente samo, kot sledi:
to the buy-in agent where the buy-in agent gives prior consent;
posredniku za kritni nakup ob njegovem predhodnem soglasju;
to the CCP where the auction has been awarded to that failing clearing member.
CNS, če je bil na dražbi izbran navedeni klirinški član, ki ne izpolnjuje obveznosti.
Prior to receipt of the notification referred to in paragraph 1, the failing clearing member may still deliver the financial instruments directly to the CCP.
Do prejema obvestila iz odstavka 1 lahko klirinški član, ki ne izpolnjuje obveznosti, finančne instrumente še vedno dostavi neposredno CNS.
The CCP shall notify the results of the buy-in to the failing and receiving clearing members and to the relevant CSD at the latest on the last business day of the period determined in accordance with Article 37.
CNS sporoči rezultate kritnega nakupa klirinškemu članu, ki ne izpolnjuje obveznosti, in klirinškemu članu prejemniku ter zadevni CDD najpozneje na zadnji delovni dan obdobja, določenega v skladu s členom 37.
Where the buy-in is successful in part or in full, the notification referred to in paragraph 4 shall include the quantity and price of the bought-in financial instruments.
Kadar je kritni nakup delno ali v celoti uspešen, obvestilo iz odstavka 4 vključuje količino in ceno finančnih instrumentov, pridobljenih s kritnim nakupom.
Where the buy-in fails in part or in full, the notification referred to in paragraph 4 shall include the cash compensation amount calculated in accordance with Article 32 unless that notification specifies that the execution of the buy-in is deferred.
Kadar je kritni nakup delno ali v celoti neuspešen, obvestilo iz odstavka 4 vključuje znesek denarnega nadomestila, izračunan v skladu s členom 32, razen če je v obvestilu navedeno, da je bila izvršitev kritnega nakupa odložena.