natgillin/translations-raw huggingface dataset:
For that reason and to ensure a proportionate administrative treatment, it is appropriate to allow for a simpler procedure in relation to small banks whilst ensuring that competition distortions are limited to the minimum.
Nadzornemu organu mora načrt prestrukturiranja v dveh mesecih predložiti vsaka kreditna institucija, ki so ji bila odobrena jamstva za nove obveznosti ali obnovljene obveznosti ter pri kateri so ob dodelitvi novega jamstva skupne neporavnane zajamčene obveznosti (vključno z jamstvi, odobrenimi pred datumom navedenega sklepa) presegale 5-odstotni delež skupnih obveznosti in skupni znesek 500 milijonov EUR;
Therefore, the Authority is willing to authorise schemes for recapitalisation and restructuring of small institutions where such schemes have a clear remit and are limited to a six-month period, provided they respect the principles set out in the Crisis Guidelines and in particular the burden-sharing requirements of these Guidelines.
vsaka kreditna institucija, zaradi katere se unovči jamstvo, mora v dveh mesecih po unovčitvi jamstva predložiti posamični načrt prestrukturiranja ali likvidacije;
The application of any such scheme must furthermore be restricted to banks with a balance-sheet total of not more than EUR 100 million.
prejemniki jamstev in likvidnostne podpore se pri oglaševanju ne smejo sklicevati na državno pomoč in uporabljati agresivnih poslovnih strategij, ki jih brez pomoči države Efte ne bi izvajali.
The sum of the balance-sheets of the banks that receive aid under the scheme must not exceed 1,5 % of the total assets held by banks in the domestic market of the EFTA State concerned.
Sheme jamstev in likvidnostne podpore morajo izpolnjevati naslednja dodatna merila:
The Authority will evaluate any such scheme so as to verify whether it achieves its objective and is implemented correctly.
shema mora biti omejena na banke brez kapitalskega primanjkljaja, kar je v skladu s točko 28 potrdil pristojni nadzorni organ;
To that end, the EFTA State must provide a report on the use of the scheme on a six-monthly basis after the scheme's authorisation.
jamstva z ročnostjo več kot tri leta morajo biti omejena na eno tretjino skupnih jamstev, odobrenih posamezni banki;
GUARANTEES AND LIQUIDITY SUPPORT OUTSIDE THE PROVISION OF CENTRAL BANK LIQUIDITY
države Efte morajo Nadzornemu organu vsake tri mesece poročati o:
Liquidity support and guarantees on liabilities temporarily stabilise the liability side of a bank's balance sheet.
delovanju sheme; (ii) izdajah dolžniških instrumentov z jamstvom in (iii) dejansko zaračunanih premijah;
Therefore, unlike recapitalisation or impaired asset measures which in principle must be preceded by the notification of a restructuring plan by the EFTA State concerned and approval by the Authority before they can be granted, the Authority can accept that EFTA States notify guarantees and liquidity support to be granted after approval on a temporary basis as rescue aid before a restructuring plan is approved.
države Efte morajo poročila o delovanju sheme dopolniti z razpoložljivimi posodobljenimi informacijami o ceni primerljivih izdaj dolžniških instrumentov brez jamstva (vrsta, obseg, bonitetna ocena, valuta).
Guarantees and liquidity support can be notified individually to the Authority;
Izjemoma se lahko jamstva odobrijo tudi za kritje izpostavljenosti Evropske investicijske banke v zvezi z drugimi bankami za obnovitev kreditiranja realnega gospodarstva v državah z izjemno slabimi pogoji najemanja posojil v primerjavi s povprečjem EGP.
in addition the Authority may also authorise schemes providing for liquidity measures for a maximum period of six months.
Nadzorni organ bo pri oceni takih ukrepov proučil zlasti, ali ne prinašajo neupravičenih koristi, s katerimi bi lahko na primer navedene banke razvijale druge poslovne dejavnosti.
Such schemes must be restricted to banks which have no capital shortfall.
Taka jamstva lahko zajemajo največ sedemletno obdobje.
Where a bank with a capital shortfall is in urgent need of liquidity, an individual notification to the Authority is required [21].
Če taka jamstva odobri Nadzorni organ, bankam ni treba predložiti načrta prestrukturiranja.
In such circumstances, the Authority will apply the procedure set out in points 32 to 34 mutatis mutandis, including the requirement for a restructuring or wind-down plan, unless the aid is reimbursed within two months.
ZAGOTAVLJANJE LIKVIDNOSTI S STRANI CENTRALNIH BANK TER POSREDOVANJE SISTEMOV ZAJAMČENIH VLOG IN REŠEVALNIH SKLADOV
In order to be approved by the Authority, guarantees and liquidity support must meet the following requirements:
Običajne dejavnosti centralnih bank v zvezi z monetarno politiko, kot so operacije odprtega trga in odprte ponudbe, ne spadajo v področje uporabe pravil o državni pomoči.
guarantees may only be granted for new issues of credit institutions' senior debt (subordinated debt is excluded);
Namenska pomoč posamezni kreditni instituciji (pogosto imenovana „izredna likvidnostna pomoč“) lahko pomeni pomoč, če niso izpolnjeni vsi naslednji pogoji [22]:
guarantees may only be granted on debt instruments with maturities from three months to five years (or a maximum of seven years in the case of covered bonds).
kreditna institucija je v času zagotavljanja likvidnosti, ki se izvaja v izrednih okoliščinah in ni del večjega paketa pomoči, začasno nelikvidna, a solventna;
Guarantees with a maturity of more than three years must, except in duly justified cases, be limited to one-third of the outstanding guarantees granted to the individual bank;
institucija je v celoti zavarovana s premoženjem, za katero se uporabljajo ustrezni odbitki pri vrednotenju glede na njeno kakovost in tržno vrednost;
the minimum remuneration level of the State guarantees must be in line with the formula set out in the 2011 Prolongation Guidelines;
centralna banka upravičencu zaračuna kazensko obrestno mero;
a restructuring plan must be submitted to the Authority within two months for any credit institution granted guarantees on new liabilities or on renewed liabilities for which, at the time of the granting of the new guarantee, the total outstanding guaranteed liabilities (including guarantees accorded before the date of that decision) exceed both a ratio of 5 % of total liabilities and a total amount of EUR 500 million;
centralna banka da sama pobudo za ukrep, zlasti pa je ne podpira nobeno posredno jamstvo države.
for any credit institution which causes the guarantee to be called upon, an individual restructuring or wind-down plan must be submitted within two months after the guarantee has been activated;
Čeprav lahko zadevni skladi izhajajo iz zasebnega sektorja, lahko pomenijo pomoč, če pridejo pod državni nadzor in če o uporabi skladov odloča država [25].
the recipients of guarantees and liquidity support must refrain from advertising referring to State support and from employing any aggressive commercial strategies which would not take place without the support of the EFTA State.
Nadzorni organ bo ocenil združljivost državne pomoči v obliki takega posredovanja na podlagi teh smernic.
For guarantee and liquidity support schemes, the following additional criteria must be met:
Državna pomoč v obliki posredovanja reševalnega sklada bo ocenjena na podlagi teh smernic, da se oceni njena združljivost s Sporazumom EGP.
the scheme must be restricted to banks without a capital shortfall as certified by the competent supervisory authority in line with point 28;
POSEBNE OKOLIŠČINE V ZVEZI S POMOČJO ZA LIKVIDACIJO
guarantees with a maturity of more than three years must be limited to one-third of the total guarantees granted to the individual bank;
SPLOŠNA NAČELA
EFTA States must report to the Authority on a three-monthly basis on:
Države Efte bi morale spodbujati izstop neuspešnih subjektov, postopek izstopa pa bi moral potekati pravilno, da bi se ohranila finančna stabilnost.
the operation of the scheme, (ii) the guaranteed debt issues and (iii) the actual fees charged;
Vedno, kadar institucija realno ne more ponovno vzpostaviti dolgoročno uspešnega poslovanja, bi bilo treba razmisliti o pravilni likvidaciji kreditne institucije v težavah.
EFTA States must supplement their reports on the operation of the scheme with available updated information on the cost of comparable non-guaranteed debt issuances (nature, volume, rating, currency).
Nadzorni organ priznava, da zaradi specifičnosti kreditnih institucij in v odsotnosti mehanizmov za reševanje kreditnih institucij brez ogrožanja finančne stabilnosti morda ne bi bilo mogoče likvidirati kreditne institucije z običajnimi postopki zaradi insolventnosti.
In exceptional cases guarantees may also be approved covering exposures of the European Investment Bank towards banks for the purpose of restoring lending to the real economy in countries with severely distressed borrowing conditions compared to the EEA average.
Zato državni ukrepi, ki podpirajo likvidacijo kreditnih institucij v težavah, lahko pomenijo združljivo pomoč, ki mora biti skladna z zahtevo, podrobno opredeljeno v točki 44.
In assessing such measures the Authority will examine in particular whether they do not confer an undue benefit that could for example serve to develop other business activities of those banks.
Cilj pravilne likvidacije mora biti prenehanje delovanja kreditne institucije v težavah v omejenem časovnem obdobju.
Such guarantees may only cover a period of up to seven years.
Navedeni cilj pomeni, da ni dovoljeno prevzemati poslov nove tretje strani.
If approved by the Authority, such guarantees do not trigger an obligation for the bank to present a restructuring plan.
Vendar ne preprečuje izvajanja obstoječih poslov, če se s tem zmanjšajo stroški likvidacije.
PROVISION OF LIQUIDITY BY CENTRAL BANKS AND INTERVENTION OF DEPOSIT GUARANTEE SCHEMES AND RESOLUTION FUNDS
Poleg tega mora biti cilj likvidacije prodati čim več delov posla ali sredstev s konkurenčnimi postopki.
The ordinary activities of central banks related to monetary policy, such as open market operations and standing facilities, do not fall within the scope of the State aid rules.
Pravilen likvidacijski postopek zahteva, da postopki prodaje sredstev prispevajo k likvidacijskim stroškom.
Dedicated support to a specific credit institution (commonly referred to as ‘emergency liquidity assistance’) may constitute aid unless the following cumulative conditions are met [22]:
Države Efte imajo na voljo različna sredstva za organizacijo likvidacije kreditnih institucij v težavah.
the facility is fully secured by collateral to which appropriate haircuts are applied, in function of its quality and market value;
POGOJI ZA ODOBRITEV POMOČI ZA LIKVIDACIJO
the central bank charges a penal interest rate to the beneficiary;
Države Efte morajo predložiti načrt pravilne likvidacije kreditne institucije.
the measure is taken at the central bank's own initiative, and in particular is not backed by any counter-guarantee of the State.
Nadzorni organ bo ocenil združljivost ukrepov pomoči, ki se bodo izvajali za reševanje kreditnih institucij na podoben način in v istem smislu, kot je določeno v oddelkih 2, 3 in 4 smernic o prestrukturiranju v zvezi s pomočjo za prestrukturiranje.
Interventions by deposit guarantee funds to reimburse depositors in accordance with EFTA States' obligations under Directive 94/19/EC of the European Parliament and of the Council [23] do not constitute State aid [24].
Specifičnost pravilne likvidacije zbuja pomisleke, opredeljene v točkah 72 do 78.
However, the use of those or similar funds to assist in the restructuring of credit institutions may constitute State aid.
Omejitev stroškov likvidacije
Whilst the funds in question may derive from the private sector, they may constitute aid to the extent that they come within the control of the State and the decision as to the funds' application is imputable to the State [25].
Države Efte bi morale dokazati, da pomoč omogoča učinkovito in pravilno likvidacijo kreditne institucije, pri čemer je najnižji možni znesek pomoči dovolj visok, da ostane med likvidacijo solventna v skladu z zastavljenim ciljem ter da se zahteve glede porazdelitve bremena iz teh smernic spoštujejo.
The Authority will assess the compatibility of State aid in the form of such interventions under these Guidelines.
Omejitev izkrivljanja konkurence
State aid in the form of interventions by a resolution fund will be assessed under these Guidelines in order to assess its compatibility with the EEA Agreement.
V izogib nepotrebnemu izkrivljanju konkurence se mora faza likvidacije omejiti na obdobje, ki je nujno potrebno za pravilno likvidacijo.
SPECIFIC CONSIDERATIONS IN RELATION TO LIQUIDATION AID
Dokler kreditna institucija upravičenka še vedno deluje, ne sme dejavno konkurirati na trgu ali začenjati novih dejavnosti.
GENERAL PRINCIPLES
Njeno delovanje mora biti načeloma omejeno na nadaljevanje in dokončevanje dejavnosti za obstoječe stranke.
EFTA States should encourage the exit of non-viable players, while allowing for the exit process to take place in an orderly manner so as to preserve financial stability.
Kakršno koli novo dejavnost z obstoječimi strankami je treba omejiti na spremembo pogojev v obstoječih pogodbah in prestrukturiranje obstoječih posojil, če take spremembe izboljšajo zadevno sedanjo neto vrednost sredstva.
The orderly liquidation of a credit institution in difficulty should always be considered where the institution cannot credibly return to long-term viability.
Politika oblikovanja cen kreditne institucije, ki bo likvidirana, mora biti oblikovana tako, da spodbuja stranke k iskanju boljših možnosti.
The Authority recognises that, due to the specificities of credit institutions and in the absence of mechanisms allowing for the resolution of credit institutions without threatening financial stability, it might not be feasible to liquidate a credit institution under ordinary insolvency proceedings.
Kadar je potrebno dovoljenje za opravljanje bančnih storitev, na primer pri slabih bankah ali začasnih institucijah, ustanovljenih zgolj za pravilno likvidacijo kreditne institucije („premostitvena banka“), bi moralo biti dovoljenje omejeno na dejavnosti, ki so nujno potrebne za likvidacijo.
For that reason, State measures to support the liquidation of failing credit institutions may be considered as compatible aid, subject to compliance with the requirement specified in point 44.
Pristojni organ bi moral čim prej odvzeti dovoljenje za opravljanje bančnih storitev.
The goal of the orderly liquidation must be the cessation of the ailing credit institution's activity over a limited period of time.
V okviru pravilne likvidacije je treba ohranjati čim manjše moralno tveganje, zlasti s preprečevanjem dodeljevanja dodatnih pomoči v korist delničarjev in imetnikov podrejenih dolžniških instrumentov.
That goal implies that no new third party business may be undertaken.
Zato se terjatve delničarjev in imetnikov podrejenih dolžniških instrumentov ne smejo prenašati v nobeno nadaljnjo gospodarsko dejavnost.
However, it does not prevent existing business from being executed, if doing so reduces the liquidation costs.
Oddelka 3.1.2 in 3.1.3 je treba smiselno upoštevati.
Moreover, liquidation must as much as possible aim at selling off parts of the business or assets by means of a competitive process.
PRODAJA KREDITNE INSTITUCIJE MED POSTOPKOM PRAVILNE LIKVIDACIJE
The orderly liquidation procedure requires that the proceedings of any sale of assets contribute to the liquidation costs.
Prodaja kreditne institucije med postopkom pravilne likvidacije lahko vključuje državno pomoč kupcu, razen če ni prodaja organizirana prek odprtega in neomejenega konkurenčnega javnega razpisa ter se sredstva prodajo najboljšemu ponudniku.
EFTA States may choose a number of tools for the organisation of the liquidation of ailing credit institutions.
Tak konkurenčni razpis bi moral po potrebi omogočati prodajo delov institucije različnim ponudnikom.
Any State aid measures implemented to support such a liquidation must comply with the principles specified in points 69 to 82.
Nadzorni organ bo pri ugotavljanju obstoja pomoči za kupca kreditne institucije ali njenih delov proučil zlasti, ali:
CONDITIONS FOR THE AUTHORISATION OF LIQUIDATION AID
je postopek prodaje odprt, neomejen in nediskriminacijski;
EFTA States must provide a plan for the orderly liquidation of the credit institution.
prodaja poteka po tržnih pogojih;
The Authority will assess the compatibility of aid measures to be implemented with a view to resolving credit institutions on the same lines, mutatis mutandis, as set out in sections 2, 3 and 4 of the Restructuring Guidelines for restructuring aid.
je kreditna institucija ali vlada, odvisno od izbrane oblike, zagotovila najvišjo možno prodajno ceno za zadevna sredstva in obveznosti.
The particular nature of orderly liquidation gives rise to the considerations set out in points 72 to 78.
Kadar Nadzorni organ ugotovi obstoj pomoči kupcu, bo posebej ocenil združljivost navedene pomoči.
Limitation of liquidation costs
Če se pomoč odobri gospodarski dejavnosti, ki bo prodana (in ne kupcu navedene dejavnosti), se združljivost take pomoči pregleda posamično v skladu s temi smernicami.
EFTA States should demonstrate that the aid enables the credit institution to be effectively wound up in an orderly fashion, while limiting the amount of aid to the minimum necessary to keep it afloat during the liquidation in view of the objective pursued and complying with the burden-sharing requirements of these Guidelines.
Če likvidacijski postopek vključuje prodajo gospodarskega subjekta z znatnim tržnim deležem, bo Nadzorni organ ocenil potrebo po ukrepih za omejitev izkrivljanja konkurence, ki je posledica pomoči navedenemu gospodarskemu subjektu, in preveril uspešnost poslovanja subjekta po prodaji.
Limitation of competition distortions
Nadzorni organ bo v oceni uspešnosti poslovanja upošteval velikost in moč kupca v primerjavi z velikostjo in močjo kupljene dejavnosti.
To avoid undue distortions of competition, the winding-up phase should be limited to the period strictly necessary for the orderly liquidation.
POGOJI ZA ODOBRITEV SHEM PRAVILNE LIKVIDACIJE
As long as the beneficiary credit institution continues to operate, it must not actively compete on the market or pursue any new activities.
V izvajanje režimov držav Efte v zvezi s kreditnimi institucijami v težavah je lahko vključena možnost dodelitve pomoči za zagotovitev pravilne likvidacije kreditnih institucij v težavah, hkrati pa omejuje negativne učinke prelivanja na sektor in gospodarstvo na splošno.
Its operations must in principle be limited to continuing and completing activities pending for existing customers.
Nadzorni organ meni, da se sheme pomoči za likvidacijo kreditnih institucij omejene velikosti [26] lahko odobrijo, če so oblikovane tako, da zagotavljajo skladnost z zahtevami glede porazdelitve bremena med delničarji in imetniki podrejenih dolžniških instrumentov iz točke 44 ter odpravljajo moralno tveganje in druge pomisleke, povezane s konkurenco.
Any new activity with existing customers must be limited to changing the terms of existing contracts and restructuring existing loans, provided that such changes improve the respective asset's net present value.
Združljivost takih shem se bo ocenila na podlagi pogojev iz oddelka 3.
The pricing policy of the credit institution to be wound down must be designed to encourage customers to find more attractive alternatives.
Države Efte morajo pri priglasitvi sheme Nadzornemu organu zato predložiti podrobne informacije o postopku in pogojih za posredovanje v korist institucij upravičenk.
Where a banking licence is necessary, for example for a rump bank or a temporary institution created for the sole purpose of orderly liquidation of a credit institution (‘bridge bank’), it should be limited to the activities strictly necessary for the winding up.
Ker se lahko stopnje izkrivljanja konkurence razlikujejo glede na vrsto institucije upravičenke in njen tržni položaj, bo morda potrebna posamična ocena, ki bo zagotovila, da postopek ne bo povzročil neupravičenega izkrivljanja konkurence.
The banking licence should be withdrawn as soon as possible by the competent supervisory authority.
Zato je treba ukrepe pomoči v okviru odobrene sheme za kreditne institucije, katerih skupna sredstva presegajo 3000 milijonov EUR, posamično priglasiti za odobritev.
In the context of orderly liquidation, care must be taken to minimise moral hazard, particularly by preventing additional aid from being provided to the benefit of the shareholders and subordinated debt holders.
SPREMLJANJE
Therefore, the claims of shareholders and subordinated debt holders must not be transferred to any continuing economic activity.
Države Efte morajo redno, tj. vsaj enkrat na leto, predložiti poročila o delovanju katere koli sheme, ki je bila odobrena v skladu z oddelkom 6.4.
Sections 3.1.2 and 3.1.3 must be complied with mutatis mutandis.
V teh poročilih morajo biti navedene tudi informacije za vsako kreditno institucijo, ki je v postopku likvidacije v skladu z oddelkom 6.4.
SALE OF A CREDIT INSTITUTION DURING THE ORDERLY LIQUIDATION PROCEDURE
Da bi lahko Nadzorni organ spremljal postopek pravilne likvidacije in njen učinek na konkurenco, morajo države Efte redno (vsaj enkrat na leto) predložiti poročila o poteku likvidacijskega postopka za vsako banko, ki bo likvidirana, na koncu postopka likvidacije pa še končno poročilo.
The sale of a credit institution during an orderly liquidation procedure may entail State aid to the buyer, unless the sale is organised via an open and unconditional competitive tender and the assets are sold to the highest bidder.
V nekaterih primerih se lahko določi skrbnik spremljanja, skrbnik za odprodajo ali oba, da se zagotovi upoštevanje kakršnih koli pogojev in obveznosti v zvezi z odobritvijo pomoči.
Such competitive tender should, where appropriate, allow for sale of parts of the institution to different bidders.
ZAČETEK UPORABE IN TRAJANJE
In particular, when determining if there is aid to the buyer of the credit institution or parts of it, the Authority will examine whether:
Nadzorni organ bo načela iz teh smernic uporabljal od 1. decembra 2013.
the sales process is open, unconditional and non-discriminatory;
Priglasitve, ki jih bo Nadzorni organ evidentiral pred 1. decembrom 2013, se bodo proučile glede na merila, ki so veljala ob priglasitvi.
the sale takes place on market terms;
Nadzorni organ bo proučil združljivost vsake pomoči, dodeljene brez odobritve, s Sporazumom EGP, ki zato krši člen 1(3) dela I Protokola 3 k Sporazumu med državami Efte o ustanovitvi nadzornega organa in sodišča na podlagi teh smernic, če je vsa pomoč ali del pomoči dodeljen po datumu objave teh smernic v Uradnem listu Evropske unije in Dopolnilu EGP k Uradnemu listu Evropske unije.
the credit institution or the government, depending on the structure chosen, maximises the sales price for the assets and liabilities involved.
V vseh drugih primerih bo izvedel pregled na podlagi smernic o finančni krizi, veljavnih v času, ko je bila dodeljena pomoč.
Where the Authority finds that there is aid to the buyer, the Authority will assess the compatibility of that aid separately.
Nadzorni organ bo po potrebi pregledal te smernice ter se pri tem posvetil zlasti spremembam tržnih pogojev ali zakonodajnega okolja, ki bi lahko vplivale na pravila, določena v njih.
If aid is granted to the economic activity to be sold (as opposed to the purchaser of that activity), the compatibility of such aid will be subject to an individual examination in the light of these Guidelines.
Z dne 30. novembra 2013 se prekličejo smernice o bančništvu iz leta 2008.
If the liquidation process entails the sale of an economic entity which holds a significant market share, the Authority will assess the need for measures to limit distortions of competition brought about by the aid to that economic entity and will verify the viability of the entity resulting from the sale.
Točka 47 smernic o oslabljenih sredstvih in Priloga 5 k navedenim smernicam se črtata.
In its viability assessment, the Authority will take into due consideration the size and strength of the buyer relative to the size and strength of the business acquired.
Smernice o prestrukturiranju se spremenijo: