natgillin/translations-raw huggingface dataset:
According to the ministry, this report is seen as a catalyst to an informed discussion of this important subject as it does not present fully formed proposals but sets out the main issues and outlook with reference to international developments.
FME je v svojem sklepu izjavil, da bo vsakih šest mesecev na zahtevo strank pregledal svoj sklep.
The report is available at http://eng.efnahagsraduneyti.is/media/Acrobat/Future-Structure.pdf
Vendar je bil spor pozneje predložen Sodišču in v času pisanja še ni rešen.
Bringing deposit guarantees back to normal conditions does not only relate to abolishing the state backing of such guarantees, but also to review the provisions in the Emergency Act according to which deposits which enjoy deposit guarantees by law have priority in the winding-up of a financial undertaking.
Glede na letno poročilo banke Arion Bank za leto 2011 je Drómi v pismu z dne 2. decembra 2009 zahtevala, naj FME pregleda svoj prejšnji sklep o obrestni meri.
This comprises a considerable advantage for depositors, not least while the 2008 banking collapse is still fresh in people's minds.
4. februarja 2011 je FME odločil, da se dolgu pripiše letna obrestna mera, sestavljena iz prvotne dane obrestne mere plus prvotno dana obrestna premija od prevzema do 30. junija 2010, vendar brez obrestne premije od tega časa do polnega plačila dolga.
This provision is on the other hand likely to represent a handicap for the banks to diversify their funding arrangement.
Ministrstvo za finance se je strinjalo, da banki Arion Bank posodi državne obveznice, ki so bile upravičene do pridobitve likvidnostnega posojila prek poslov začasne prodaje s CBI v skladu z obstoječimi pravili CBI.
See Chapter 9 of the report of the Minister of Economic Affairs referred to in footnote 23.
Tržna vrednost državnih obveznic je največ 75 milijard ISK.
When presenting that report, the Minister of Economic Affairs also appointed a group of banking experts, with participation of foreign experts, to prepare proposals on a comprehensive legal and regulatory framework for the financial market in Iceland as a whole.
Banka Arion Bank ne sme obveznic prodati ali jih porabiti v noben drug namen, razen v namen, ki je naveden v sporazumu.
According to the same report, the Icelandic authorities also foresee to study other future options, including the possible separation of investment and commercial banking activities, the adoption of a financial stability legislation and possible amendment of the division of responsibility of financial services regulatory bodies.
Če banka Arion Bank obveznico SPRON uporabi kot protizavarovanje za zavarovanje svojega posojila državnih obveznic, ne plača opravnine za črpanje do 25 milijard ISK, za preostalo posojilo pa plača nadomestilo v višini % za dovoljenje, da zastavi državne obveznice.
It is also clear from the statements of the Icelandic authorities that a review of the monetary policy framework remains on the agenda, with or without the possibility that Iceland will become a member of the European Union, as well as other possible means to improve economic management and ensure that regulators ‘see the forest for the trees’ and effectively apply the most appropriate macro-prudential tools.
Vendar pa banka Arion ne plača nadomestila, če lahko jasno dokaže, da se več kot 25 milijard ISK posojila nanaša na črpanje vlog hranilnice SPRON.
See Chapter 6 of the report by the Minister of Economic Affairs to the Althingi, The Future Structure of the Icelandic Financial System, available at http://eng.efnahagsraduneyti.is/publications/news/nr/3559
Če banka Arion kot protizavarovanje za zavarovanje svojega posojila uporabi sredstva, ki niso obveznica SPRON, se nadomestilo poveča na 3 % višine posojila, ki je bilo odobreno samo v zvezi z navedenim zavarovanjem.
Since autumn 2008, several financial undertakings have disappeared from the market (in addition to the ‘old’ big commercial banks, Glitnir, Kaupthing and Landsbanki): Sparisjóðabanki Íslands (formerly Icebank), the Reykjavik Savings Bank (SPRON), Sparisjóður Mýrasýslu (Myrasysla Savings Bank, SPM), VBS Investment Bank and Askar Capital Investment Bank.
V takih primerih banka Arion plača tudi posebno opravnino v višini 0,5 % zneska posojila vsakič, ko so uporabljene državne obveznice.
The operations of Straumur-Burdaras Investment Bank and Saga Capital Investment Bank have also diminished significantly.
REIBOR (Reykjaviška medbančna obrestna stopnja) je medbančna stopnja, ki jo uporabljajo komercialne banke in hranilnice na Islandiji in se uporablja za kratkoročna posojila.
On 11 April 2011, a contract for the sale of (old) MP bank's operations in Iceland and Lithuania was approved at the bank's shareholder meeting, when over 40 new shareholders invested 5,5 billion ISK in new shares in the bank.
Trgovinsko ponderirani indeks menjalnega tečaja islandske krone.
Other operations of the old bank remained with the previous owners and were transferred to a new legal entity, EA fjárfestingarfélag hf.
Eno ključnih prepričanj banke je, da […].
For further details, see MP bank's press releases of 11 April 2011 available at https://www.mp.is/um-mp-banka/utgefid-efni/frettir/nr/1511 and https://www.mp.is/um-mp-banka/utgefid-efni/frettir/nr/1510
Kljub temu, da različna težka vprašanja ostajajo nerešena, je po navedbah banke Arion Bank islandsko gospodarstvo v zadnjem letu pokazalo jasne znake okrevanja, saj je gospodarstvo prvič po začetku finančne krize začelo naraščati, stopnja brezposelnosti pa je padla.
According to the settlement, RB and its owners have agreed to a number of commitments aimed at preventing distortions of competition resulting from RB's operations and the cooperations of its owners.
Banka ugotavlja, da so v letu 2011 padec vrednosti ISK, visoke cene osnovnih proizvodov na svetovni ravni v prvi polovici leta in pogodbena zvišanja plač prispevali k temu, da je bila ob koncu leta letna stopnja inflacije 5,3 %.
The commitments require, inter alia, that RB shall be operated on general commercial terms independent from its owners and the majority of RB's board shall be composed of specialists independent from the owners, access to the systems and services provided by RB shall be provided on a non-discriminatory basis and the terms of services provided by RB shall be the same irrespective of whether or not the client is a shareholder in RB.
Obeti za inflacijo v naslednjih letih niso dobri in inflacija bo verjetno presegla ciljno inflacijo CBI, ki je 2,5 %.
Existing owners of RB have committed to offer regularly for sale part of their holdings in RB, with the aim of facilitating non-financial undertakings to acquire ownership in RB.
V tej zvezi banka Arion Bank navaja, da je kljub temu, da islandsko gospodarstvo kaže znake okrevanja, še vedno veliko težav, ki jih je treba rešiti; ena od težav je odprava nadzora kapitalskih tokov.
Such invitations shall be made at least every second year, until at least a third of total shareholdings in RB have been sold to parties other than the current shareholders or offered for sale in a shares offering.
To napreduje počasi, čeprav je CBI marca 2011 napovedala časovni razpored liberalizacije, v katerem so navedeni številni ukrepi za odpravo nadzora v naslednjih štirih letih.
The ICA uses the term ‘operating companies’ for the banks' holdings in normally non-financial businesses which the banks have acquired in relation to the restructuring of their loan portfolios through debt to equity swaps or otherwise.
Nadzor kapitalskih tokov se je marca 2012 s spremembami Zakona o tujih valutah še poostril.
Likewise, the Authority uses the term ‘operating company’ for real economy undertaking, which do not belong to the bank's core business in financial markets.
Strategija v zvezi z odpravo nadzora kapitalskih tokov ni jasna in zato se predpostavlja, da bo nadzor kapitalskih tokov ostal v veljavi v celotnem obdobju napovedi.
In this context, the Authority understands that indirect ownership refers to the banks' possible influence and control over companies due to their high indebtedness to the bank.
Valutno neravnovesje se je znižalo s 300 % kapitalske osnove banke konec leta 2008 na 30 % kapitalske osnove konec leta 2011.
The core subsidiaries are (main operation and the Bank's holdings are indicated in brackets): AFL-sparisjóður (savings bank; 94,45 %), Verdis hf.
Konec leta 2011 je banka imela […] skupin, ki so presegale 10 % kapitalske osnove.
(securities custodian; 100 %), KB ráðgjöf ehf.
Vsota vseh teh skupin je bila 87 % kapitalske osnove.
(sells insurance and pension products; 100 %), Gen hf.
Od leta 2009 do leta 2011 se je celotna kapitalska osnova povečala za 20,7 milijarde ISK.
(holding in international enterprise funds; 100 %), Okkar Líftryggingar hf.
Od konca leta 2009 do konca leta 2011 so se vezane vloge povečale z 10 % na 23 %.
(insurance company — individual and life insurance; 100 %), Sparisjóður Ólafsfjarðar (savings bank; 99,99 %), Stefnir hf.
Bilanca CPI se je obrnila od minus 17 % kapitalske osnove banke konec leta 2009 na plus 9 % kapitalske osnove konec leta 2011.
(management company for UCITS; 100 %) and Valitor Holding hf.
Po posegu FME v oktobru 2008 je prišlo do strukturnih sprememb.
(payment service company; 52,94 %).
Oddelka Notranja revizija in Skladnost sta bila okrepljena, oddelek Zasebno bančništvo pa se je združil z Upravljanjem premoženja, Zakladnica pa s Kapitalskimi trgi.
Firstly, the Bank's asset management company Eignabjarg ehf., which manages shares in viable operating companies that the Bank has taken over.
SPM je imela finančne težave že več mesecev in si je prizadevala za sporazume o poravnavi s svojimi upniki na podlagi zakonodaje o stečajih, ker je bil njen količnik kapitalske ustreznosti pod zakonsko zahtevanim.
This comprises shareholdings in the following companies (main operation and the Bank's shareholding indicated in brackets): Hagar hf.
Vendar ta prizadevanja niso bila uspešna in 3. aprila 2009 sta SPM in New Kaupthing podpisali sporazum, na podlagi katerega je banka New Kaupthing kupila vsa sredstva SPM, vključno s poslovalnico v Borgarnesu na Islandiji ter podružnice SPM, vključno z dvema hranilnicama na Severni Islandiji – hranilnico Afl in hranilnico Ólafsfjörður (SPÓL).
(a commercial enterprise operating in Iceland; 5,98 %), Penninn á Íslandi ehf.
Hkrati je banka New Kaupthing prevzela nekatere obveznosti SPM, vključno z vlogami in posojili, kot je določeno v sporazumu.
(a retail company specialising in stationery and office supplies; 100 %), Reitir fasteignafélag hf.
Isti dan je FME sprejel odločitev o odtujitvi sredstev in obveznosti SPM.
(associate company of Eignabjarg hf. specialising in real estate; 42,65 %) and Fram Foods ehf.
V sklepu FME ni navedeno nobeno poseganje vlade v obliki kapitalske injekcije, danih zavezah ali izjavah.
(food industry; 100 %).
Banka in islandski organi so Nadzornemu organu tudi potrdili, da država v tej zvezi ni dala nobene finančne zaveze.
Secondly, other assets held for sale, comprising shareholdings in the following companies: Langalína 2 ehf.
Glej sklep FME z dne 3. aprila 2009, objavljen na http://www.fme.is/media/akvardanir/3.-april-2009.pdf.
(holding company; 100 %), Umtak fasteignafélag ehf.
Ozadje te transakcije je, da je banka Kaupthing v obdobju 2006-2008 izdala štiri serije kritih obveznic, za katere je jamčil Sklad za hipoteke in institucionalne vlagatelje banke Kaupthing (KMIIF), podružnica banke Kaupthing.
(real estate; 100 %), EAB 2 ehf.
Banka Kaupthing je prek KMIIF imela v lasti portfelj islandskih stanovanjskih hipotek, ki so presegale 120 milijard ISK.
(food industry; 100 %), Farice ehf.
Namen krite obveznice je bil financirati velik del portfelja hipotek banke Kaupthing.
(operation of submarine data cable to neighbouring countries; 43,47 %), Sementsverksmiðjan ehf.
V skladu s sporazumom z dne 22. decembra 2011 je banka Arion Bank prevzela ta portfelj hipotek.
(produce and import of cement; 33 %), HB Grandi hf.
Posel je bil financiran večinoma s pridobitvijo kritih obveznic v višini 117,7 milijard ISK, ker je banka Arion Bank obveznosti banke Kaupthing prevzela na podlagi programa krite obveznice.
(fishing company; 33 %) and GO fjárfestingar ehf.
Po mnenju banke Arion Bank prevzema Sklada za hipoteke in institucionalne vlagatelje banke Arion Bank (AMIIF) ni mogoče razvrstiti kot „običajen“ prevzem niti kot prevzem, povezan s prestrukturiranjem.
Thirdly, assets are held as temporary operations as shareholdings in the following companies: Landey (holding company dealing with non-revenue generating properties; 100 %), Landfestar (operating company around commercial real estate acquired by Arion Bank from financially distressed clients; 100 %), Rekstrarfélagið Braut ehf.
Pred prenosom je banka Arion Bank opravljala storitve za posojilojemalce, ne da bi imela nadzor nad posojili.
(pork farm; 100 %), NS 1 ehf.
Poleg tega so posojilojemalci s hipotekami v skladu mislili, da so stranke banke Arion Bank.
(property and real estate; 100 %), EAB 1 ehf.
Kot je navedeno, sta sporazum o zgoraj navedeni transakciji sklenili banka Kaupthing in banka Arion Bank, pri tem pa islandska država ni bila vključena in ni dala nobenih zavez.
(land and properties; 100 %), Andvaka ehf.
Ta posojila so razdeljena na hipotekarna posojila in druga posojila fizičnih oseb in posojila podjetjem.
(former Exista — holding company; 44,9 %), Ölgerðin Egill Skallagrímsson ehf.
Vendar je bilo povečanje v vrednotenju posojil v obdobju 2009-2011 večje kot je navedeno v Preglednici 4, ker je bil del v višini 38 milijard ISK razporejen v odškodninski instrument.
(property and real estate; 39,1 %).
Glej Pravilnik CBI o likvidnostnih količnikih št. 317 z dne 25. aprila 2006, objavljen na http://www.sedlabanki.is/lisalib/getfile.aspx?itemid=4713
Significant changes have occurred in Arion Bank's key financial indicators since its inception, but it is nevertheless appropriate to compare the two banks with reference to data close in time.
Količnik likvidnostnega kritja zahteva, da imajo banke zalogo visoko kakovostnih likvidnih sredstev, ki zadostuje za kritje čistih denarnih odtokov za 30-dnevno obdobje v izjemnem scenariju.
It is recalled that Kaupthing was an international bank with operations in various countries, but Arion Bank was established to take over certain domestic operations and assets of Kaupthing Bank.
Merilo primerjave količnika likvidnostnega kritja je tako 100 %.
Changes differ between business segments and in certain areas the reduction is up to 90 %.
Ta scenarij temelji še na eni škodljivi predpostavki.
A significant scale-down took place in the CEO's office, where 6 % of Kaupthing's staff in Iceland were employed, whereas in the case of Arion Bank the corresponding number is 1 %.
Pričakuje se, da bodo odhodki za materialne stroške za 10 % višji kot v osnovnem scenariju.
However, it was only on 8 January 2010 that the agreements were formalised, when Kaupthing, on behalf of its creditors, through its subsidiary Kaupskil ehf. took ownership of Arion Bank, following approval by the FME and the Icelandic Competition Authority.
Menjalni tečaj krone naj bi se znižal, trgovinsko ponderirani indeks pa naj bi se v letu 2013 zvišal za 4 %, v letu 2014 pa za 11 %.
Kaupskil holds 87 % of common equity and the Icelandic State Financial Investments (the ISFI) 13 %.
Donosnost lastniškega kapitala se bo znižala na [0-5] % v letu 2012, [0-5] % v letu 2013 in na [5-10] % v letu 2014.
Kaupskil has a call option to buy the government's stake at a later point.
Količnik kapitalske ustreznosti banke bo [20-25] % v letu 2012, [20-25] % v letu 2013 in [25-30] % v letu 2014.
Monetary figures are referred to in this section first in the currency in which the capital was provided, followed by a reference in brackets to the corresponding amount in ISK or euros (as appropriate) where it has been provided by the Icelandic authorities.
Izraz „stabilnost vlog“ se nanaša na preteklo stabilnost vlog in predvideno obnašanje po daljšem obdobju.
Under the Government ownership agreement — which did not materialise — the Government would continue to fully own the bank, in the event that Kaupthing's Resolution Committee decided not to acquire control of Arion Bank.
ISFI je državni organ z neodvisnim upravnim odborom, ki poroča ministrstvu za finance in je bil ustanovljen z Zakonom št. 88/2009.
The compensation would also in this case come from Kaupthing to Arion Bank and in the same form as under the Joint Capitalisation Agreement, i.e. a compensation instrument calculated at 38 billion ISK.
ISFI svoje naloge opravi najpozneje v petih letih po ustanovitvi.
Kaupthing would also be granted an option to acquire the Government's shareholding exercisable between 2011 and 2015, at a price which provided the Government with an appropriate level of return on its investment.
Upravlja državne deleže v finančnih podjetjih v skladu z zakonom, dobrim upravljanjem in poslovnimi praksami ter politiko državnega lastništva.
OJ L 84, 26.3.1997, p.
Poskuša ponovno vzpostaviti in obnoviti dinamičen domači finančni trg in hkrati spodbujati učinkovito konkurenco na trgu ter zagotavljati preglednost v vseh odločitvah o sodelovanju države pri finančnih dejavnostih.
22.
Podrobno opisano v Poglavju 3 te odločbe.
OJ L 135, 31.5.1994, p.
V tej zvezi glej sodbo Splošnega sodišča v združenih zadevah T-425/04, T-444/04, T-450/04 in T-456/04, Francija in drugi proti Komisiji, sodba z dne 21. maja 2010, ZOdl.
5.
2010, stran II-02099, točka 283 (pritožba) ter Sklepne predloge generalnega pravobranilca Mengozzija v pritožbeni zadevi, t.j. zadeva C-399/10, Bouygues, točka 47, ki meni, da so ti pogoji preveč omejevalni za ugotovitev državne pomoči.
See the relevant section of the bill for the Budget Act 2011 available at: http://hamar.stjr.is/Fjarlagavefur-Hluti-II/GreinargerdirogRaedur/Fjarlagafrumvarp/2011/Seinni_hluti/Kafli_8.htm
Glej na primer T-228/99WestLB ZOdl.
Unofficial translation by the Authority of a statement reported in Morgunblaðið (www.mbl.is) on 10 June 2012.
2003, str. 435.
The disagreement between the parties regarding the interest rate on the bond was initially referred to the FME.
Glej na primer Sklep Komisije z dne 10. oktobra 2008 v zadevi NN 51/2008 Jamstvena shema za banke na Danskem, točka 32, in Sklep Komisije z dne 21. oktobra 2008 v zadevi C 10/2008 IKB, točka 74.
The FME decided on 5 June 2009 that under the circumstances a rate of REIBOR + 1,75 % was an appropriate rate.
Glej Odločbo Nadzornega organa z dne 8. maja 2009 o shemi začasne dokapitalizacije načeloma zdravih bank za spodbujanje finančne stabilnosti in posojil realnemu gospodarstvu na Norveškem (205/09/COL), objavljeno na http://www.eftasurv.int/?1=1&showLinkID=16694&1=1
In its decision, the FME declared that it would review its decision every six months at the request of the parties.
V tej zvezi glej podobno razlogovanje Evropske komisije v zvezi z naložbami dobaviteljev podjetja v težavah v Sklepu Komisije C 4/10 (ex NN 64/09) – Pomoč v korist podjetja Trèves (Francija)
However, the dispute was later brought to court and is unsettled at the time of writing.
Na to sklepno ugotovitev ne vpliva nesoglasje in pravni spor med strankami obveznice Drómi glede obrestne mere na obveznico.
According to Arion Bank's annual report 2011, Drómi requested, in a letter dated 2 December 2009, that the FME review its former interest rate decision.
Poročilo ministra za gospodarske zadeve islandskemu parlamentu (marec 2012) „Prihodnja struktura islandskega finančnega sistema“, Poglavje 9.6, objavljeno na http://eng.atvinnuvegaraduneyti.is/media/Acrobat/Future-Structure.pdf
On 4 February 2011 the FME decided that the debt should bear annual interest rate which should be the original given interest rate plus the original given interest premium from the takeover date until 30 June 2010, but without an interest premium from that time until the debt has been paid in full.
V tej zvezi se Nadzorni organ seznanja s pripombami guvernerja CBI, ki v predgovoru k poročilu o finančni stabilnosti banke za drugo polovico leta 2010 navaja, da „kapitalizacijo finančnih institucij trenutno ščiti nadzor kapitalskih tokov in izjava vlade o jamstvu za hranilne vloge“.
The Arion Bank has brought legal action against the FME and Drómi in an attempt to annul the FME's decision of 4 February 2011.
Glej http://www.sedlabanki.is/lisalib/getfile.aspx?itemid=8260, str. 5.
On 4 May 2011, Drómi brought legal action against the FME and Arion Bank, demanding principally the annulment of all decisions by the FME on interest rates and secondly demanding a different interest rate from the outset.
Glej tudi Sklepe Komisije NN48/2008 Jamstvena shema za banke na Irskem, odstavka 46 in 47: http://ec.europa.eu/community_law/state_aids/comp-2008/nn048-08.pdf; in NN51/2008 Jamstvena shema za banke na Danskem: http://ec.europa.eu/community_law/state_aids/comp-2008/nn051-08.pdf
The Ministry of Finance agreed to lend to Arion Bank government bonds eligible for obtaining liquidity facilities through repo transactions with the CBI, in accordance with the CBI's existing rules.
S tem v zvezi glej zadevo 730/79, Phillip Morris proti Komisiji, Recueil 1980, str. 2671.
The market value of the government bonds is a maximum of 75 billion ISK.
Glej Del VIII Smernic Nadzornega organa o državni pomoči.
Arion Bank is not permitted to sell the bonds or use them for any other purpose than that stated in the agreement.
Začasna pravila glede finančne krize.
If Arion Bank uses the SPRON bond as counter-collateral to secure its loan of government bonds, Arion pays no fee for draw-down up to 25 billion ISK, but for the remainder of the facility, it shall pay a consideration of 1,75 % for permission to pledge the government bonds.
Uporaba pravil o državni pomoči za ukrepe, sprejete v zvezi s finančnimi ustanovami v okviru sedanje globalne finančne krize, objavljeno na http://www.eftasurv.int/?1=1&showLinkID=16604&1=1.
However, Arion pays no consideration if it can clearly demonstrate that more than 25 billion ISK of the loan relates to withdrawals of SPRON deposits.
Ena od najpomembnejših sprememb od prejšnjih različic Pravilnika je, da je bila dovoljena odprta pozicija v tuji valuti za posamezne valute znižana z 20 % na 15 % lastniškega kapitala, dovoljena skupna devizna bilanca pa je bila znižana s 30 % na 15 %.
If Arion uses assets other than the SPRON bond as counter-collateral to secure its loan, the consideration rises to 3 % of the loan amount which was granted in relation to that collateral only.
Če ukrepi finančnega podjetja tega ne uspejo narediti, lahko CBI zaračuna redne denarne kazni.
In such cases, Arion shall furthermore pay a special fee amounting to 0,5 % of the loan amount on each occasion government bonds are utilised.
CBI je sprejela tudi druge ukrepe za omejevanje deviznih neravnovesij, na primer s sklepanjem sporazumov o valutnih zamenjavah z eno od komercialnih bank ter z nakupom tuje valute.
Among the Bank's key beliefs is that […].
Ker je banka Kaupthing še vedno v likvidacijskem postopku, natančne izgube še niso znane.
Despite various difficult issues remaining unresolved, the Icelandic economy has, according to Arion Bank, shown clear signs of recovery in the past year, with the economy growing for the first time since the start of the financial crisis and the unemployment rate dropping.
Po informacijah, predstavljenih na srečanju upnikov banke Kaupthing dne 31. maja 2012 so skupna sredstva banke Kaupthing konec leta 2011 znašala 874 milijard ISK (5,2 milijarde EUR), trenutne sprejete terjatve v skladu s členom 113 islandskega zakona o stečajih (neprednostne terjatve) pa 2873 milijard ISK (17 milijard EUR).
The Bank notes that in 2011 the depreciation of the ISK, high global commodities prices in the first half of the year and contractual wage increases all contributed to an annual rate of inflation of 5,3 % at the end of the year.
Za nadaljnje informacije glej http://www.kaupthing.com/lisalib/getfile.aspx?itemid=21204.
The inflation outlook for the next few years is not promising and inflation is likely to exceed the CBI's target of 2,5 %.
Dejansko je državna kapitalizacija banke Arion Bank temeljila neposredno na razliki med začetnim vrednotenjem prenesenih sredstev in obveznosti ter kapitalsko zahtevo FME.