natgillin/translations-raw huggingface dataset:
In response to increasing economic activity and the deteriorating inflation outlook the CBI raised interest rates twice during 2011 by a total of 50 basis points and by a total of 75 basis points in the first half of 2012.
Islandski organi so pojasnili, da je bil dogovorjen fiksen znesek v višini 6,5 milijarde ISK kot plačilo državi v tem okviru, ker so se v času pogajanj finančne informacije spreminjale in je bilo resnično donosnost banke v tem obdobju težko določiti.
The business plan assumes this development to continue in 2012-2014.
Dokapitalizacija finančnih institucij v trenutni finančni krizi: omejitev pomoči na najmanjšo potrebno in zaščitni ukrepi za preprečevanje neupravičenega izkrivljanja konkurence (Smernice o dokapitalizaciji), UL L 17, 20.1.2011 in Dopolnilo EGP št. 3.
In this regard, Arion Bank states that although there are signs of a recovery in the Icelandic economy, there are a number of problems still to be resolved; one of the problems being the lifting of the capital controls.
Smernice so tudi na volja na spletišču Nadzornega organa: http://www.eftasurv.int/state-aid/legal-framework/state-aid-guidelines/.
The lifting of capital controls has progressed slowly although the CBI announced a liberalization schedule in March 2011 which listed a number of measures aimed at lifting controls over the next four years.
Konec leta 2014 se bodo zaključila obdobja prestrukturiranja islandskih bank, za katere je bil sprožen formalni postopek preiskave.
However, later in the year the Icelandic parliament decided merely to extend the laws on foreign currency (and thus the capital controls) until 2013.
Kolkovina je odvisna od vrste zadevnega pravnega dokumenta, vendar je običajno 15 ISK za vsakih začetih tisoč ISK (t.j. približno 1,5 %) zneska obrestonosnih obveznic, zavarovanih s hipoteko ali drugim zavarovanjem.
The CBI has therefore been given little room for manoeuvre by the parliament if the controls are to be lifted over the next two years.
Primerjaj na primer Sklep Komisije v zadevi SA.28264, Pomoč za prestrukturiranje za Hypo Real Estate, v katerem je Komisija sprejela ločitev velikega dela prekomorskih poslov Hypo Real Estate kot ukrep za omejevanje izkrivljanja konkurence za naslednico banke PBB.
As a matter of fact, the capital controls were tightened in March 2012, with amendments to the Foreign Exchange Act.
Banka je potrdila, da ji niso znane nobene klavzule ali druge vrste sporazumov o posojanju, ki bi banki dovoljevali, da zviša obrestno mero, če stranka ne ohrani najmanjšega obsega poslovanja z banko.
The strategy related to the lifting of the capital control is not clear and therefore it is assumed that the capital controls will remain in place during the forecast period.
Če bi v banki našli takšne klavzule, jih banka do decembra 2014 ne bo uveljavila.
Efforts regarding the restructuring of the loan book have resulted in a reduction of the non-performing ratio from 37 % at the end of 2010 to 13 % at the end of 2011.
PRILOGA
This progress made in the resolution of distressed borrowers, decreases substantially the uncertainty linked to the assessment of the loan book's carrying value.
ZAVEZE IN USTREZNE SPREMEMBE PRAVNEGA OKVIRA ZA BANČNIŠTVO
The currency imbalance has decreased from 300 % of the Bank's capital base at the end of 2008, to 30 % of the capital base at the end of 2011.
ZAVEZE ISLANDSKIH ORGANOV
The Bank had […] groups exceeding 10 % of capital base end of year 2009.
Islandski organi so sprejeli dve zavezi, ki sta navedeni v nadaljevanju.
These groups summed up to 175 % of the capital base.
Sprememba kolkovine, da se izključi državna pomoč in znižajo stroški prehoda
At the end of year 2011 the Bank had […] groups exceeding 10 % of the capital base totalling 87 % of capital base.
Ministrstvo za finance bo imenovalo delovno skupino in jo pooblastilo, naj pregleda Zakon št. 36/1978 o kolkovinah.
The total capital base has increased by 20,7 billion ISK from 2009 to 2011.
Delovna skupina mora ministru za finance do oktobra 2012 predložiti poročilo in osnutek predloga zakona.
Term deposits have increased from 10 % to 23 % from the end of year 2009 to end of year 2011.
Naloga delovne skupine bo zlasti preučiti odpravo kolkovine za obveznice, ki jih izdajo fizične osebe in se prenesejo med upniki (npr. ko fizične osebe svoja posojila prenesejo iz ene posojilnice v drugo).
The CPI balance has been reverted from minus 17 % of the Bank's capital base at the end of 2009 to plus 9 % of capital base at the end of 2011.
Skupina poleg tega preveri, kako bi bilo mogoče določbo o kolkovini spremeniti, da se poenostavijo postopki in spodbudi konkurenca.
After the intervention of the FME in October 2008, structural changes were made.
Ukrepi za olajšanje prehoda in znižanje stroškov prehoda
Internal audit and Compliance were strengthened and Private Banking was merged with Asset Management and Treasury with Capital Markets.
V skladu s sklepom, ki ga je islandski parlament sprejel 21. marca 2012, bo vlada imenovala odbor in ga pooblastila, naj pregleda varstvo potrošnikov na finančnem trgu in predstavi predloge kako bi bilo mogoče položaj fizičnih oseb in gospodinjstev v zvezi s posojilnicami okrepiti.
Following the new strategic direction and with new management joining the Bank in the fall of 2011 further substantial changes were made to the organizational structure to ensure that it better reflects and supports the Bank's new strategy, simplifies operations and increase synergies between divisions.
Imenovanje odbora bo vključevalo posebno pooblastilo za pregled olajšanja prehoda in znižanja stroškov prehoda in da odbor pri tem vprašanju tesno sodeluje z islandskim organom, pristojnim za konkurenco.
At the same time, New Kaupthing took over certain liabilities of SPM, including deposits and borrowings, as set out in the agreement.
Omejitev prevzema
The FME decision does not indicate any government intervention in the form of capital injection, commitments or declarations provided.
Odprodaja deležev v gospodarskih družbah, ki se prestrukturirajo
It has furthermore been confirmed to the Authority by the Bank and the Icelandic authorities that no financial commitments were made by the state in this context.
Banka Arion Bank se zavezuje, da bo čim prej prodala deleže v delujočih družbah, ki jih je prevzela zaradi prestrukturiranja, (primerjaj člen 22 Zakona o finančnih podjetjih št. 161/2002).
See the FME's decision of 3 April 2009, available at http://www.fme.is/media/akvardanir/3.-april-2009.pdf
Banka se zavezuje tudi, da bo upoštevala postopek in roke iz zgoraj navedenih predpisov in kot jih razlaga FME.
The background to this transaction is that Kaupthing issued four series of covered bonds in 2006-2008, guaranteed by the Kaupthing's subsidiary KMIIF.
Banka bo na svoji spletnem mestu (ali na spletnem mestu ustrezne podružnice) vzdrževala najnovejše informacije o takih deležih, ki se prodajajo.
Through KMIIF, Kaupthing owned a portfolio of Icelandic residential mortgages in excess of 120 billion ISK.
Ukrepi v korist novih in manjših konkurentov
The purpose of the covered bond was to fund a large part of Kaupthing's mortgage portfolio.
Banka Arion Bank se zavezuje, da bo do 1. decembra 2014 uzakonila naslednje ukrepe v korist novih in manjših konkurentov:
According to the agreement of 22 December 2011, Arion Bank has acquired this mortgage portfolio.
Banka Arion Bank ne bo uveljavila pogodbenih klavzul v hipotekarnih stanovanjskih pogodbah za fizične osebe ali uvedla novih pogodbenih klavzul, po katerih bi bili posebni pogoji obrestnih mer pogojeni z ohranjanjem najmanjšega obsega poslovanja z banko;
The deal was funded mostly by the acquisition of covered bonds in the amount of 117,7 billion ISK, as Arion Bank has assumed Kaupthing's liabilities under the covered bond programme.
Banka Arion Bank bo na svoji spletnem mestu zagotovila lahko dostopne informacije o postopku prenosa bančnih storitev na drugo finančno ustanovo.
In the Arion Bank's opinion, the acquisition of AMIIF can neither be categorised as a ‘normal’ acquisition nor as an acquisition related to the restructuring work.
Prav tako bodo na spletnem mestu lahko dostopni dokumenti, potrebni za prehod med finančnimi ustanovami.
The acquisition was related to the setup of the Bank where AMIIF was not transferred to Arion Bank when it was established.
Enake informacije in obrazci za prenos podjetij bodo na voljo v poslovalnicah banke;
Before the transfer Arion Bank provided services to borrowers without having control over the loans.
Banka Arion Bank bo vse zahteve za prenos bančnih storitve izvedla po hitrem postopku;
In addition, the borrowers with mortgages in the fund believed they were customers of Arion Bank.
Banka Arion Bank ne bo uporablja vključenosti države kot konkurenčno prednost pri trženju;
After the transfer the loans are owned by Arion Bank.
Če ni ponudbe konkurenčnih storitev, je banka Arion Bank pripravljena opravljati naslednje storitve po ceni, ki bo sestavljena iz stroška in razumne marže, kot jo kadar koli določi banka;
As stated, the agreement on the above transaction was concluded between Kaupthing and Arion Bank and was without any involvement or commitment made by the Icelandic state.
Obdelava plačil za ISK,
These loans are grouped into mortgage loans and other loans from individuals and loans to corporate.
Obdelava plačil za tuje valute.
The discounts differed depending on the types of loans as well as whether they were denominated in króna or foreign currency.
USTREZNE PRILAGODITVE IN SPREMEMBE REGULATIVNEGA IN NADZORNEGA OKVIRA ZA FINANČNE TRGE NA ISLANDIJI, SPREJETE PO KRIZI
The increase in valuation of loans was, however, bigger in 2009-2011 than indicated in Table 4, as part of it was allocated to the compensation instrument, a total of 38 billion ISK.
Islandski organi so predložili naslednji pregled sprememb zakonodaje, ki je veljala jeseni 2008:
The compensation instrument was closed in the first quarter of 2011, as the valuation gap between assets and liabilities transferred from Kaupthing to Arion Bank was paid up in full.
Pooblastila FME (islandski organ za finančni nadzor) za poseganje (da prevzame pristojnosti skupščin delničarjev in odtuji sredstva, primerjaj zakonodajo o izrednih razmerah) so se povečala.
See the CBI's Rules on Liquidity Ratios No 317 of 25 April 2006, available at http://www.sedlabanki.is/lisalib/getfile.aspx?itemid=4713
FME je dobil večja nadzorna pooblastila; sprejete so bile dodatne določbe, ki FME omogočajo, da ovrednoti delovanje ali ravnanje posameznih nadzorovanih strank.
The LCR requires banks to maintain a stock of high quality liquid assets that is sufficient to cover net cash outflows for a 30-day period under a stress scenario.
To vključuje pooblastila za odločanje, kot je odločanje o zaprtju poslovalnice ali prenehanju določenih dejavnosti brez dejanskega preklica dovoljenj za poslovanje ter bolj podrobno opredelitev pojmov, katerih razlagi je FME oporekal ter nadzorovanih subjektov ali pritožbenih organov;
The LCR benchmark is thus 100 %.
Pravila o posameznih velikih izpostavljenostih so bila razjasnjena in bolj natančno določena; povečali sta se vloga in odgovornost upravljanja tveganj, FME pa je dal upravljanju tveganj v organizaciji finančnih podjetij višji status; poostrene so bile določbe o uporabi testiranja izjemnih situacij;
This scenario is also based on further adverse assumptions.
Uzakonjene so bile določbe za poseben register velikih posojilojemalcev, da se zagotovi boljši pregled velikih posameznih izpostavljenosti dvema ali več finančnim podjetjem.
Housing prices are presumed to fall by 10 % in 2012, 18 % in 2013 and 16 % in 2014.
Register je pomemben za povezovanje izpostavljenosti in ocenjevanje njihovega sistemskega vpliva, če bi prišlo do težav v poslovanju posojilojemalcev.
An outflow of retail deposit of 30 % is assumed in 2012, 20 % of corporate deposits and 80 % of deposit from credit institutions.
Subjekti, ki jih FME ne nadzira, vendar so navedeni v registrih finančnih podjetij, morajo FME posredovati informacije o vseh svojih obveznostih.
Commission income is assumed to be reduced by 50 % from the base case in 2012-2014.
Če take stranke ne zagotovijo zahtevanih informacij, jim FME lahko prepove opravljanje storitev;
Lending impairment rate is assumed to be reduced by 1-3 % and lending spread by 0,5-1 %, but deposit spread will increase by 0,5-1 %.
Določbe o dobrih poslovnih praksah so bile okrepljene in uzakonjen je bil Odbor za pritožbe o transakcijah s finančnimi podjetji; treba je razkriti podrobne informacije o vseh večjih lastnikih finančnih podjetij;
Operating expenditure is assumed to be 10 % higher than in the base case.
Skrajšani so bili roki, ki finančnim podjetjem omogočajo odtujitev odobrenih sredstev;
The exchange rate of the króna is assumed to depreciate, with an increase of the trade-weighted index (TWI) of 4 % in 2013 and 11 % in 2014.
Določbe o imetništvu lastnih delnic finančnih podjetij so bile poostrene in bolj podrobno določene.
ROE would drop down to [0-5] % in 2012, [0-5] % in 2013 and [5-10] % in 2014.
Imetništvo podružnic in zunajbilančne pogodbe o lastnih delnicah se sedaj štejejo za lastne delnice;
The Bank's CAD-ratio will be [20-25] % in 2012, [20-25] % in 2013 and [25-30] % in 2014.
Finančna podjetja ne smejo več podaljševati posojil na podlagi zastave lastnih delnic ali potrdil o jamstvenem kapitalu;
The ISFI is a state body with an independent Board of Directors, reporting to the Minister of Finance, which was established with Act No 88/2009.
Povečali sta se odgovornost in vloga oddelka za notranje revizije.
The ISFI shall have completed its duties no later than 5 years after its foundation.
Podrobna pravila določajo ravnovesje med velikostjo in raznolikostjo dejavnosti zadevnega finančnega podjetja ter obsegom njegovega oddelka za notranje revizije;
The ISFI manages the State's holdings in financial undertakings in accordance with the law, good governance and business practices and the state's ownership policy.
Obdobje, v katerem lahko ista revizijska družba opravlja revizije finančnega podjetja, je omejeno na pet let; zmanjšana je možnost finančnega podjetja, da odpusti "težavnega" revizorja; Vse določbe o izračunu lastniškega kapitala in različnih drugih tehničnih vidikih so bile pregledane;
It aims to restore and reconstruct a dynamic domestic financial market, while at the same time promoting effective competition in the market as well as guaranteeing transparency in all decisions regarding the state's participation in financial activities.
Pregledana so bila pravila o uresničevanju kvalificiranih deležev, t.j.
Described in detail in Chapter 3 of the present decision.
10 % ali več glasovalnih pravic.
See in this respect the judgment of the General Court in joined Cases T-425/04, T-444/04, T-450/04 and T-456/04, France and others v Commission, judgment of 21 May 2010, ECR [2010] II-02099, paragraph 283 (on appeal) as well as the Opinion delivered by AG Mengozzi in the appeal case, i.e. Case C-399/10, Bouygues, paragraph 47, considering these conditions as too restrictive for the finding of state aid.
FME je pooblaščen, da pri ocenjevanju strank, ki nameravajo prevzeti ali dodati kvalificirane deleže, razveljavi dokazno breme, npr. ko ni prepričan, kdo je (so) upravičeni lastnik(i) krovne družbe s kvalificiranim deležem;
See for example T-228/99 WestLB [2003] ECR II-435.
Do direktorjev so zdaj uveljevljene večje zahteve glede izpolnjevanja pogojev, povečala se je njihova odgovornost za nadzor ali dejavnosti in prepovedani so izvršilni predsedniki uprave; FME ima sedaj večjo vlogo pri nadzoru upravnih odborov; pri plačilih višjemu vodstvu je treba razkriti informacije, ki omogočajo individualno prepoznavanje;
See for example Commission Decision of 10 October 2008 in case NN 51/2008 Guarantee scheme for banks in Denmark, at paragraph 32, and Commission Decision of 21 October 2008 in case C 10/2008 IKB, at paragraph 74.
Določena so bila pravila o kreditnih poslih finančnih podjetij z direktorji, izvršnimi direktorji, ključnimi zaposlenimi in lastniki kvalificiranih deležev v zadevnem finančnem podjetju.
See the Authority's decision of 8 May 2009 on a scheme for temporary recapitalisation of fundamentally sound banks in order to foster financial stability and lending to the real economy in Norway (205/09/COL) available at: http://www.eftasurv.int/?1=1&showLinkID=16694&1=1
Podobna pravila veljajo za stranke, ki so tesno povezane z zgoraj navedenimi.
See in this context similar reasoning adopted by the European Commission in respect of investments made by suppliers of a firm in difficulty in Commission Decision C 4/10 (ex NN 64/09) — Aid in favour of Trèves (France).
FME je sprejel pravila glede zadostnega zavarovanja za take transakcije;
This conclusion is not affected by the disagreement and legal dispute between the parties to the Drómi bond regarding the interest rate on the bond.
Sprejeta so bila pravila o ureditvah za spodbujevalne sheme in bonuse za vodstvo in zaposlene ter pogodbe o prenehanju;
Report of the Minister of the Minister of Economic Affairs to the Althingi (March 2012), ‘The Future Structure of the Icelandic Financial System’, Ch.
Poostrene so bile določbe o reorganizaciji in prenehanju finančnih podjetij;
9.6, available at: http://eng.atvinnuvegaraduneyti.is/media/Acrobat/Future-Structure.pdf
Opravljen je bil celosten pregled posebnih pravil o hranilnicah.
The Authority notes in this respect comments of the Governor of the CBI, who states in the foreword to the bank's Financial Stability report for the second half of 2010 that the ‘financial institutions' capitalisation is currently protected by the capital controls and the Government's declaration of deposit guarantee’.
Status in pravice lastnikov jamstvenega kapitala hranilnic so bili razjasnjeni; določene so bile omejitve dividend; sprejeta so bila jasna pravila o transakcijah jamstvenega kapitala; določena so bila pravila o odpisih jamstvenega kapitala, in razjasnjena so bila pravila o dovoljenjih za formalno sodelovanje.
See http://www.sedlabanki.is/lisalib/getfile.aspx?itemid=8260, p.
Hranilnice ne smejo spremeniti svoje pravne oblike.
5.
Po navedbah islandskih organov islandska pravila v nekaterih pogledih presegajo vseevropski okvir.
See also Commission Decisions NN48/2008 Guarantee Scheme for Banks in Ireland, paragraphs 46 and 47: http://ec.europa.eu/community_law/state_aids/comp-2008/nn048-08.pdf; and NN51/2008 Guarantee Scheme for Banks in Denmark: http://ec.europa.eu/community_law/state_aids/comp-2008/nn051-08.pdf
Glavna odstopanja od pravil, ki jih je sprejela EU in so vključene v Sporazum EGP, so:
See in this respect Case 730/79 Phillip Morris v Commission [1980] ECR 2671.
FME je pooblaščen, da omeji dejavnosti posameznih poslovalnic finančnih podjetij, če ima za to razlog.
See Part VIII of the Authority's State Aid Guidelines.
Pooblaščen je tudi, da določi posebne zahteve za nadaljevanje dejavnosti posameznih poslovalnic finančnih podjetij.
Temporary rules regarding financial crisis.
FME lahko tudi začasno v celoti ali deloma omeji dejavnosti, ki jih finančno podjetje opravlja, za katere velja dovoljenje ali pa ne, če ima za to razlog.
The application of state aid rules to measures taken in relation to financial institutions in the context of the current global financial crisis, available at http://www.eftasurv.int/?1=1&showLinkID=16604&1=1
To so seveda spodbudile zlasti dejavnosti poslovalnic in depozitni računi, ki so jih te poslovalnice do leta 2008 ustanovile v drugih evropskih državah (Icesave, Edge in Save-and-Save);
Return to viability and the assessment of restructuring measures in the financial sector in the currents crisis under the State air rules, adopted by the Authority on 25.11.
V islandski zakonodaji so določbe o vlogi notranje revizije znatno bolj podrobne kot v direktivah EU;
2009 under chapter VII: Temporary Rules regarding the Financial Crisis, as extended by the Financial Crisis Guidelines 2012.
Določbe o izvajanju testiranja izjemnih situacij so znatno bolj podrobne kot v direktivah EU;
Available on the Authority's website at: http://www.eftasurv.int/media/state-aid-guidelines/Part-VIII---Return-to-viability-and-the-assessment-of-restructuring-measures-in-the-financial-sector.pdf
Finančna podjetja morajo voditi poseben register (register kreditov) vseh strank, ki so jim podaljšali posojila in konec vsakega meseca FME predložiti posodobljen seznam.
New Rules on Foreign Exchange Balance adopted by the CBI entered into force on 1 January 2011.
Podoben seznam se pošlje tudi strankam, ki so tesno povezane s finančnimi podjetji, njihovim upravnim odborom in poslovodnim delavcem ter skupinam povezanih strank, če te stranke niso na zgoraj navedenih seznamih.
The purpose of the rules is to limit foreign exchange risk by preventing foreign exchange balances from exceeding defined limits.
Seznam bo omogočil boljše spremljanje medsebojnih povezav finančnih podjetij, njihovih direktorjev in vodstev;
One of the most important changes from previous versions of the Rules is that the permissible open foreign exchange position in individual currencies has been reduced from 20 % to 15 % of equity, and the permissible total foreign exchange balance has been lowered from 30 % to 15 %.
Če FME meni, da bi zadolževanje ene same stranke v registru kreditov, za katero ne velja uradni nadzor finančnih dejavnosti, lahko imelo sistemski vpliv, lahko od zadevne stranke zahteva informacije o njenih obveznostih;
Foreign exchange balance reporting is also more detailed than before, as foreign-denominated assets and liabilities are classified by type: loans, bonds, equity securities, shares in mutual funds, deposits, interest-bearing agreements, debts to the Central Bank, and so on.
Če stranka, navedena v registru kreditov, za katero ne velja uradni nadzor, FME noče razkriti informacij, lahko FME nadzorovanim subjektom odredi, da se vzdržijo nadaljnjega opravljanja storitev za to stranko.
Should the foreign exchange balance deviate from the limits set forth in the rules, the financial undertaking concerned must take action so as to eliminate the difference within a maximum of three business days.
Enako velja, če razkritje informacij zadevne stranke ni zadovoljivo.
If a financial undertaking's measures fail to achieve this, the CBI may calculate periodic penalties.
V pravilih EU/EGP ni določbe o registru kreditov in obširnih pooblastilih nadzornikov glede strank, za katere ne velja uradni nadzor;
The CBI has also taken other steps to limit foreign exchange imbalances, for instance by concluding a currency swap agreement with one of the commercial banks as well as purchasing foreign currency.
Določbe o posojanju povezanim strankam in zavarovanju so veliko bolj podrobne in omejevalne kot v pravilih EU/EGP;
According to the CBI, these measures promote increased financial stability and bolster the CBI's non-borrowed foreign exchange reserves.
FME lahko lastniku kvalificiranega deleža zavrne pravico uresničiti delež, če obstaja dvom glede tega, kdo je ali kdo bo upravičeni lastnik;
In the context of the Bank's acquisition at the end of 2011 of the former Kaupthing Mortgage Institutional Investor Fund, the Bank also took on responsibility for covered bonds in the amount of 117,7 billion ISK.
Najdaljše obdobje, v katerem zunanji revizorji lahko delajo za isto finančno podjetje, je krajše kot v pravilih EU/EGP;
As Kaupthing is still in a winding-up procedure, the precise losses are not yet known.
Določbe o izpolnjevanju pogojev direktorjev v finančnih podjetjih so znatno bolj podrobne kot v direktivah EU;
According to information presented at the Kaupthing creditors' meeting on 31 May 2012, Kaupthing's total assets at year end 2011 were 874 billion ISK (5,2 billion EUR), and the current accepted claims under Article 113 of the Icelandic bankruptcy act (non-priority claims) amounted to 2873 billion ISK (17 billion EUR).
Sprejete so določbe o ureditvah za sheme bonusov in pogodb o prenehanju;
For further information see http://www.kaupthing.com/lisalib/getfile.aspx?itemid=21204.
Nedavno so bila v direktivah EU določena formalna pravila o plačni politiki, pravila o pogodbah o prenehanju pa v tem forumu še niso bila sprejeta.