natgillin/translations-raw huggingface dataset:
This endeavours to ensure access to essential IT-infrastructure on a non-discriminatory basis and at reasonable cost for small competitors and potential new market entrants.
Dejansko je bila politika takratne koalicijske vlade, da spodbuja večjo rast in banke spodbuja, da svoje sedeže ohranijo na Islandiji.
The Authority is of the view that its concerns have been addressed in a satisfactory manner by this settlement, and that there is no need for the Authority to further address this issue in the current decision.
Poglavje 2, stran 5 poročila.
Finally, the Authority takes note of the regulatory amendments that have been made since 2008, as discussed in the Annex.
Obširnejši splošni opis ukrepov, ki so jih sprejeli islandski organi, je v poročilu ministra za finance parlamentu o obnovi komercialnih bank iz maja 2011 (Skýrsla fjármálaráðherra um endurreisn viðskiptabankanna), objavljeno na http://www.althingi.is/altext/139/s/pdf/1213.pdf
As regards competition concerns, the introduction of Article 22 in the Act on financial undertakings No 161/2002 is of particular relevance in this regard.
Zakon št. 125/2008 o organu za izplačila iz državne blagajne zaradi nepredvidenih razmer na finančnem trgu itd.
It includes provisions which limit the participation of financial undertakings in activities falling outside the scope of their operating licenses.
Glej tudi Letno poročilo FME za leto 2009 (julij 2008 – junij 2009), objavljeno na http://en.fme.is/media/utgefid-efni/FME-Annual-Report-2009.pdf
According to this new rule, such activities may only be pursued on a temporary basis and for the purpose of concluding transactions or reorganising the activities of customers.
Sledili so nadaljnji prevzemi finančnih podjetij.
A reasoned notification to this effect must be sent to the FME, and time limits have been introduced for financial undertakings to complete reorganisation of their customers and dispose of appropriated assets.
Marca 2009 je FME prevzel nadzor nad dejavnostmi treh finančnih podjetij; Straumur-Burdaras, hranilnico Reykjavik (SPRON) in Sparisjodabanki Íslands (Icebank) in se odločil za odtujitev sredstev in obveznosti teh podjetij.
The Authority regards this change as an appropriate regulatory response to the issue of the disproportionately large ownership by financial institutions in the real economy.
Z upniki podjetja Straumur je bil pozneje dosežen sporazum o poravnavi, za SPRON in Sparisjodabanki pa se je začel likvidacijski postopek.
This provision appears to at least mitigate this situation — which is a direct result of debt-to-equity-swaps (and similar transactions) involving over-indebted companies in the wake of the crisis — from becoming a permanent one.
Aprila 2010 je FME prevzel nadzor nad hranilnicama Keflavík in Byr in določil, da bosta njune dejavnosti prevzeli novi finančni podjetji in sicer hranilnica SpKef in Byr hf.
As it addresses one of the most pressing competition issues that is linked to the state aid to the three banks, the Authority takes it duly into account in its assessment.
Ker se je izkazalo, da so bili finančni pogoji teh novih finančnih podjetij slabši, kot je bilo prvotno predvideno, se je SpKef pozneje na podlagi sklepa FME združil z Landsbankinn, Byr hf pa se po razpisu za delnice v Byr združil z Íslandsbanki.
Measures specific to Arion Bank
Leta 2009 so bili islandski organi tudi pozvani, naj začnejo reševati težave investicijske banke Saga Capital, v letu 2011 pa težave Stanovanjskega sklada.
The Authority emphasises that Arion Bank's market presence and size is only a fraction of that of Kaupthing — as total assets have been reduced by 88 %, as described above.
Kot primer obsega velikega padca vrednosti se je mesečni povprečni menjalni tečaj eura in islandske króne zvišal z 90,71 ISK v decembru 2007 na 184,64 ISK v novembru 2009.
Unlike Kaupthing, Arion Bank is only active in the Icelandic market.
V letih 2009-2011 je bil delež naložb v BDP samo 13-14 %.
Whilst most of this reduction is evidently a result of the winding up of Kaupthing's international operations, the Authority is of a view that this process is of particular relevance as regards the distortions of competition, as it was in particular Kaupthing's risky overseas strategy that led to its collapse and caused distortions in the EEA financial markets in the past [90].
Trgovinska bilanca se nanaša na razliko med dobičkom pri izvozu ter uvozu blaga in storitev.
The Authority takes note of Arion Bank's commitments set out in the Annex, according to which Arion Bank will not acquire financial institutions until 1 December 2014, except if it obtains the Authority's approval beforehand.
O tej temi glej na primer poročilo ministra za gospodarske zadeve islandskemu parlamentu marca 2012 Prihodnja struktura islandskega finančnega sistema.
This means, unless further mergers would be necessitated by financial stability considerations, that further concentration of the Icelandic financial market through acquisitions by Arion Bank can be prevented.
Po navedbah ministrstva je treba to poročilo razumeti kot pospeševalec strokovne razprave o tej pomembni temi, ker ne predstavlja dokončno oblikovanih predlogov, ampak določa glavna vprašanja in obete s sklicevanjem na mednarodni razvoj dogodkov.
This commitment also ensures that the aid that has been granted to Arion Bank is used for restoring its viability rather than it being used to consolidate and further expand its market presence in Iceland.
Poročilo je objavljeno na http://eng.efnahagsraduneyti.is/media/Acrobat/Future-Structure.pdf.
Arion Bank's commitment to […] is also to be welcomed as it […] and supports the policy to achieve necessary cost reductions.
Ponovno vzpostavitev običajnih pogojev za jamstvo za hranilne vloge se ne nanaša samo na to, da država neha podpirati taka jamstva, ampak tudi na pregled določb v Zakonu o izrednih razmerah, po katerih imajo vloge, za katere po zakonu velja jamstvo, prednost pri prenehanju finančnega podjetja.
The same is true for Arion Bank's commitment pursuant to which it will, until 1 December 2014, neither enforce contract clauses in housing mortgage agreements for individuals [91] nor introduce new contract clauses which make special terms on interest rates contingent upon maintaining a minimum range of business with the bank.
Glej Poglavje 9 poročila ministra za gospodarske zadeve iz sprotne opombe 23.
As described above, the Icelandic financial market currently represents a challenging operating environment for any bank, which is reflected also by the almost complete absence of interest from abroad to enter this market at the present time.
Minister za gospodarske zadeve je pri predstavitvi poročila imenoval tudi skupino bančnih strokovnjakov, v kateri so sodelovali tudi strokovnjaki iz tujine, da pripravi predloge za celovit pravni in regulativni okvir za finančni trg na Islandiji kot celoto.
The Authority thus welcomes the commitments by Arion Bank relating to facilitating the switching between banks and providing basic payment processing services.
Glede na to isto poročilo islandski organi nameravajo preučiti tudi druge prihodnje možnosti, vključno z možnim ločevanjem dejavnosti investicijskega bančništva in dejavnosti komercialnega bančništva, sprejetjem zakonodaje o finančni stabilnosti ter možno spremembo delitve odgovornosti izvršilnih organov za finančne storitve.
The Authority is of the view that those measures, in conjunction with the agreement between the three major banks and ICA on RB mentioned above ensure that smaller market participants can access the most essential infrastructure and services at reasonable prices without the larger players being able to block their access.
Iz izjav islandskih organov je tudi jasno, da pregled okvira denarne politike ostaja na dnevnem redu, ne glede na možnost članstva Islandije v EU, prav tako pa tudi druga možna sredstva za izboljšanje ekonomskega upravljanja in zagotavljanje, da zakonodajalci „vidijo gozd, ne samo drevesa,“ in učinkovito uporabljajo ustrezna makrobonitetna orodja.
The Authority is of the view that this will reduce the barriers to entry for future (potential) market participants, and could allow existing smaller players to expand their market shares if they are able to offer better services than their larger competitors.
Glej Poglavje 6 poročila ministra za gospodarske zadeve islandskemu parlamentu Prihodnja struktura islandskega finančnega sistema, objavljeno na http://eng.efnahagsraduneyti.is/publications/news/nr/3559.
Moreover, all the measures aimed at facilitating switching will contribute to fiercer competition between the existing large players, and could contribute to prevent or dissolve a situation of potential collective dominance.
Od jeseni 2008 je s trga izginilo več finančnih podjetij (poleg „nekdanjih“ velikih komercialnih bank Glitnir, Kaupthing in Landsbanki): Sparisjóðabanki Íslands (prej Icebank), hranilnica Reykjavik (SPRON), Sparisjóður Mýrasýslu (hranilnica Myrasysla, SPM), investicijska banka VBS in investicijska banka Askar Capital.
Lastly, Arion Bank commits to sell, as soon as possible, shareholdings in operating companies which have been taken over due to restructuring in line with Article 22 of the Act on financial undertakings No 161/2002, commits to follow the procedure and time-limits which are set out in this provision and as interpreted by the FME, and will maintain up-to-date information on its website or of a subsidiary on subsidiaries and shareholdings that are held for sale.
Zelo so se zmanjšale tudi dejavnosti investicijske banke Straumur-Burdaras in investicijske banke Saga Capital.
The Authority welcomes Arion Bank's commitment to divest as soon as possible all companies and shareholdings that are not related to its core business, not at least because of viability concerns.
11. aprila 2011 je bila na skupščini delničarjev banke, ko je več kot 40 novih delničarjev v nove delnice banke vložilo 5,5 milijard ISK, potrjena pogodba za prodajo dejavnosti (nekdanje) banke MP na Islandiji in v Litvi.
Whilst the Authority is of the view that it is self-evident that the Bank needs to respect domestic legal obligations such as Article 22 of the Act on financial undertaking, it takes note of this commitment and draws the Icelandic authorities' and beneficiaries' attention to the fact that in this regard a breach of national law might also entail a misuse of aid.
Druge dejavnosti nekdanje banke so ostale pri prejšnjih lastnikih in so bile prenesene na novo pravno osebo EA fjárfestingarfélag hf.
The Authority moreover considers that by having to include information about foreseen divestments and sales on its website, more transparency about the current ownership situation in the Icelandic economy is introduced.
Za nadaljnje podrobnosti glej sporočila banke MP za javnost z dne 11. aprila 2011, objavljena na https://www.mp.is/um-mp-banka/utgefid-efni/frettir/nr/1511 in https://www.mp.is/um-mp-banka/utgefid-efni/frettir/nr/1510
This remedies, at least to some extent, this particular competition concern that currently characterises Iceland's markets.
Glede na poravnavo so se RB in njegovi lastniki sporazumeli o več zavezah, namenjenih preprečevanju izkrivljanja konkurence, ki izhaja iz dejavnosti RB in sodelovanjem z njenimi lastniki.
On the basis of all of the above, given in particular the specific situation in Iceland and the fact that the Authority considers that the above measures address the main competition issues that the Authority has identified in collaboration with the ICA, and taking into account the overriding objective of financial stability, the Authority concludes that the commitments limit distortions of competition to a satisfactory degree.
Zaveze med drugim zahtevajo, da RB deluje v splošnih komercialnih pogojih, neodvisno od lastnikov in da večino članov upravnega odbora RB sestavljajo strokovnjaki, neodvisni od lastnikov, dostop do sistemov in storitev RB mora biti zagotovljen na podlagi nediskriminacije in pogoji storitev, ki jih opravlja RB, morajo biti enaki, ne glede na to, ali je stranka delničar RB ali ne.
The restructuring aid therefore complies with section 4 of the Restructuring Guidelines.
Obstoječi lastniki RB so se zavezali, da bodo redno dajali v prodajo svoje deleže v RB in tako nefinančnim podjetjem omogočili, da pridobijo lastništvo v RB.
CONCLUSION
Taka povabila bodo izdajali vsaj vsako drugo leto dokler ne bo vsaj tretjina vseh deležev v RB prodana strankam, ki niso trenutni delničarji, ali dana v prodajo v ponudbi delnic.
The Authority therefore approves the aid measures as restructuring aid compatible with the functioning of the EEA Agreement pursuant to Article 61(3)(b) EEA subject to Iceland and Arion Bank adhering to the commitments as set out in the Annex,
Podobno Nadzorni organ uporablja izraz „delujoča družba“ za podjetja realnega gospodarstva, ki ne sodijo v osnovno dejavnost banke na finančnih trgih.
HAS ADOPTED THIS DECISION:
V tej zvezi Nadzorni organ razume, da se posredno lastništvo nanaša na možen vpliv bank in nadzor nad družbami zato, ker so pri banki zelo zadolžene.
Article 1
Podružnice, ki so povezane z njeno glavno dejavnostjo, so (glavna dejavnost in deleži banke so navedeni v oklepajih): AFL-sparisjóður (hranilnica; 94,45 %), Verdis hf.
The initial operating capital, the (temporary) full state capitalisation, the retention by the State of the 13 % share capital and the Tier-II capital granted to Arion Bank as well as the special liquidity facility, the SPRON swap agreement and the unlimited deposit guarantee constitute state aid within the meaning of Article 61(1) of the EEA Agreement.
(skrbnik vrednostnih papirjev; 100 %), KB ráðgjöf ehf.
Article 2
(prodaja zavarovalniške in pokojninske proizvode; 100 %), Gen hf.
The measures enumerated in Article 1 constitute unlawful state aid from the dates of their implementation to the date of this decision in view of the failure by the Icelandic authorities to comply with the requirement to notify the Authority before implementing the aid in accordance with Article 1(3) of Part I of Protocol 3.
(delež v mednarodnih podjetniških skladih; 100 %), Okkar Líftryggingar hf.
The measures enumerated in Article 1 are compatible with the functioning of the EEA agreement pursuant to Article 61(3)(b) EEA subject to adhering to the commitments as set out in the Annex.
(družba za upravljanje za UCITS; 100 %) in Valitor Holding hf.
The authorisation for the unlimited deposit guarantee expires at the end of 2014.
(družba za plačilne storitve; 52,94 %).
Article 4
V tej zvezi banka loči tri vrste sredstev.
This Decision is addressed to the Republic of Iceland.
Prvič, družba za upravljanje s premoženjem banke Eignabjarg ehf., ki upravlja delnice v družbah, ki uspešno poslujejo in ki jih je banka prevzela.
Only the English language version of this decision is authentic.
(komercialno podjetje, ki deluje na Islandiji; 5,98 %), Penninn á Íslandi ehf.
Done at Brussels, 11 July 2012.
(maloprodajna družba, specializirana za pisalne potrebščine in pisarniški material; 100 %), Reitir fasteignafélag hf.
For the EFTA Surveillance Authority
(pridružena družba družbe Eignabjarg hf., specializirana za nepremičnine; 42,65 %) in Fram Foods ehf.
President
(prehrambna industrija; 100 %).
College Member
Drugič, druga sredstva, ki se prodajajo, vsebujejo deleže v naslednjih družbah: Langalína 2 ehf.
This document is made available for information purposes only.
(krovna družba; 100 %), Umtak fasteignafélag ehf.
In this public version, some information has been omitted so as not to divulge confidential information.
(nepremičnine; 100 %), EAB 2 ehf.
This is denoted by […] or a range in square brackets providing for a non-confidential approximation of the relevant figure.
(prehrambna industrija; 100 %), Farice ehf.
The Authority's Decision No 492/10/COL, opening the formal investigation procedure into state aid granted in the restoration of certain operations of (old) Kaupthing Bank hf and the establishment and capitalisation of New Kaupthing Bank hf (now renamed Arion Bank hf) OJ C 41, 10.2.2011, p. 7 and EEA Supplement to the Official Journal No 7, 10.2.2011, p. 1.
(upravljanje podvodnega podatkovnega kabla v sosednje države; 43,47 %), Sementsverksmiðjan ehf.
Further information on the procedure leading up to the Authority's Decision No 492/10/COL, can be found in the procedure part of the decision.
(proizvodnja in uvoz cementa; 33 %), HB Grandi hf.
Corrected by the interested parties on 25 May 2012.
(ribiška družba; 33 %) in GO fjárfestingar ehf.
Regarding the competitive situation in the Icelandic banking sector and possible competition remedies, the Authority has cooperated with the Icelandic Competition Authority (ICA).
(pridelava gob; 30 %).
The SIC's members were Supreme Court Judge, Mr Páll Hreinsson; Parliamentary Ombudsman of Iceland, Mr Tryggvi Gunnarsson; and Mrs Sigríður Benediktsdóttir Ph.D., lecturer and associate chair at Yale University, USA.
Tretjič, sredstva za začasne dejavnosti kot deleži v naslednjih družbah: Landey (krovna družba, ki se ukvarja z nepridobitnimi nepremičninami; 100 %), Landfestar (družba, ki deluje v zvezi s komercialnimi nepremičninami, ki jih je banka Arion Bank prevzela od strank v finančnih težavah; 100 %), Rekstrarfélagið Braut ehf.
The report is available in full in Icelandic at: http://rna.althingi.is/ and parts translated into English (including the Executive Summary and the chapter on the causes of the collapse of the banks) are available at: http://sic.althingi.is/
(prašičereja; 100 %), NS 1 ehf.
Icelandic króna.
(ima v lasti zemljišče in oddaja parcele za počitniške hiše; 100 %), Módelhús ehf.
Lending to foreign parties increased by 11,4 billion euros from 9,3 billion euros to 20,7 billion euros in six months.
(nepremičnine; 100 %), EAB 1 ehf.
Chapter 21.2.1.2 of the Report.
(zemljišča in nepremičnine; 100 %), Andvaka ehf.
Exista, Exista Trading, Bakkavör Group, Bakkavor Finance Ltd, Bakkabraedur Holding B.V., Lýsing, Síminn, Skipti and other related companies.
(poslovno in podjetniško svetovanje; 50,11 %), Klakki ehf.
More than half of such loans granted from the beginning of 2007 until the collapse of the bank, were granted without collateral.
(nekdanja Exista – krovna družba; 44,9 %), Ölgerðin Egill Skallagrímsson ehf.
The minutes of the loan committee of Kaupthing Bank's board state, inter alia, that the bank often lent money to Tchenguiz in order for him to meet margin calls from other banks as his companies declined.
(proizvodnja, distribucija in prodaja brezalkoholnih in nekaterih drugih pijač; 20 %) in SMI ehf.
Chapter 21.2.1.4 of the Report.
(nepremičnine; 39,1 %).
It was in fact the then coalition Government's stated policy to encourage more growth and to incentivise the banks to remain headquartered in Iceland.
Od ustanovitve dalje je prišlo v ključnih finančnih kazalcih banke Arion Bank do velikih sprememb, vendar je kljub temu ustrezno primerjati obe banki glede podatkov, ki so časovno blizu.
Chapter 2, page 5 of the report.
Opomniti je treba, da je bila banka Kaupthing mednarodna banka, ki je delovala v različnih državah, banka Arion Bank pa je bila ustanovljena za prevzem nekaterih domačih dejavnosti in sredstev banke Kaupthing Bank.
For further general details of the measures taken by the Icelandic authorities see the report of the Minister of Finance to the Parliament on the resurrection of the commercial banks of May 2011 (Skýrsla fjármálaráðherra um endurreisn viðskiptabankanna), available at http://www.althingi.is/altext/139/s/pdf/1213.pdf
Spremembe so v različnih področnih odsekih različne in na nekaterih področjih je zmanjšanje do 90-odstotno.
Act No 125/2008 on the Authority for Treasury Disbursements due to Unusual Financial Market Circumstances etc.
Do znatnega zmanjšanja je prišlo v uradu izvršnega direktorja, kjer je bilo zaposlenih 6 % osebja banke Kaupthing na Islandiji, pri banki Arion Bank pa je takih zaposlenih 1 %.
See also FME's Annual Report 2009 (July 2008-June 2009), available at http://en.fme.is/media/utgefid-efni/FME-Annual-Report-2009.pdf
Vendar so bili sporazumi potrjeni šele 8. januarja 2010, ko je banka Kaupthing v imenu svojih upnikov prek svoje podružnice po odobritvi FME in islandskega organa, pristojnega za konkurenco, prevzela lastništvo banke Arion Bank.
Further takeovers of financial undertakings were to follow.
Kaupskil ima 87 % navadnega lastniškega kapitala, Finančne naložbe islandske države (ISFI) pa 13 %.
In March 2009, the FME took control of the operations of three financial undertakings; Straumur-Burdaras, the Reykjavik Savings Bank (SPRON) and Sparisjodabanki Íslands (Icebank), and decided on the disposal of the assets and liabilities of those undertakings.
Kaupskil ima nakupno opcijo za poznejši nakup deleža vlade.
While a composition agreement with Straumur's creditors was later approved, SPRON and Sparisjodabanki were submitted to a winding-up procedure.
V tem oddelku so denarne številke najprej navedene v valuti, v kateri je bil kapital zagotovljen, v oklepajih pa je ustrezen znesek v ISK ali EUR (kot je primerno), če so ga zagotovili islandski organi.
Other financial undertakings were also severely affected by the collapse of the three main commercial banks and prevailing uncertainties in financial markets, and further financial undertakings were made subject to public administration in 2010.
V skladu s Sporazumom o lastništvu vlade – ki se ni uresničil – bi vlada še naprej imela popolno lastništvo banke, če bi se odbor za razpustitev banke Kaupthing odločil, da ne bo prevzel nadzora nad banko Arion Bank.
Thus, the FME appointed a provisional board of directors for VBS Investment Bank in March 2010.
Tudi v tem primeru bi nadomestilo prišlo iz banke Kaupthing v banko Arion Bank in v enaki obliki kot v skladu s Sporazumom o skupni kapitalizaciji. t.j. instrument nadomestila, izračunan na 38 milijard ISK.
In April 2010, the FME took control of Keflavík Savings Bank and Byr Savings Bank, determining that their operations would be taken over by new financial undertakings, SpKef Savings Bank and Byr hf, respectively.
Banka Kaupthing bi dobila tudi možnost prevzeti delež vlade, ki bi bil izvršljiv v obdobju od leta 2011 do leta 2015, po ceni, ki bi vladi zagotovila ustrezno raven donosnosti njene naložbe.
As the financial conditions of these new undertakings turned out to be worse than initially anticipated, SpKef was later merged with Landsbankinn, by decision of the FME, and Byr hf. was merged with Íslandsbanki, following a tender for the shares in Byr.
UL L 84, 26.3.1997, str.
The Icelandic authorities were furthermore called upon, in 2009, to address the financial difficulties of Saga Capital Investment Bank and, in 2011, the Housing Financing Fund.
22.
As an example of the scale of the sharp depreciation, the monthly average exchange rate of the euro to the Icelandic króna rose from 90,71 ISK in December 2007 to 184,64 ISK November 2009.
UL L 135, 31.5.1994, str.
During the years 2009-2011, the share of investments in GDP has been only 13-14 %.
5.
Trade balance refers to the difference in earnings from exports and imports of goods and services.
Glej ustrezen oddelek predloga zakona o proračunu 2011, ki je objavljen na http://hamar.stjr.is/Fjarlagavefur-Hluti-II/GreinargerdirogRaedur/Fjarlagafrumvarp/2011/Seinni_hluti/Kafli_8.htm.
It does not include the balance on primary income from abroad, which has been negative in past years, particularly since 2008.
Neuradni prevod Nadzornega organa izjave, sporočene v Morgunblaðið (www.mbl.is) 10. junija 2012.
This implies that despite the surplus on the trade balance, Iceland's overall current account has been negative during recent years although declining sharply since 2009.
Nesoglasje strank o obrestni meri na obveznico je bilo na začetku napoteno na FME.
On this subject see for instance the report of the Minister of Economic Affairs to the Althingi of March 2012, Future Structure of the Icelandic Financial System.
5. junija 2009 je FME odločil, da je glede na razmere primerna stopnja REIBOR + 1,75 %.