natgillin/translations-raw huggingface dataset:
In fact, the state capitalisation of Arion Bank was based directly on the difference between the initial valuation of assets and liabilities transferred, and the capital requirement of the FME.
23. marca 2012 je minister za gospodarske zadeve predstavil poročilo o prihodnji strukturi islandskega finančnega sistema.
The Icelandic authorities have explained that a fixed sum of 6,5 billion ISK was agreed upon as remuneration for the state in this context, as financial information was changing over the time when the negotiations took place and the true profitability of the bank in this period was difficult to determine.
Minister je nato imenoval strokovno skupino za pripravo pravnega okvira za vse finančne dejavnosti na Islandiji.
The recapitalisation of financial institutions in the current financial crisis: limitation of aid to the minimum necessary and safeguards against undue distortions of competition (‘the Recapitalisation Guidelines’), OJ L 17, 20.1.2011 and EEA Supplement No 3.
S pismom z dne 24. marca 2011 [4] je Nadzorni organ prejel eno pripombo zainteresiranih strani, ki je bila islandskim organom posredovana 25. maja 2011.
The guidelines are also available on the Authority's website at: http://www.eftasurv.int/state-aid/legal-framework/state-aid-guidelines/.
Islandski organi na to pripombo niso odgovorili.
At the end of 2014, the restructuring periods of all Icelandic banks for which a formal investigation has been initiated will have come to an end.
Islandski organi so na zahteve po informacijah odgovorili 26. oktobra 2011, 16. aprila 2012, 30. aprila 2012, 21. maja 2012 in 6. julija 2012.
The stamp duty varies depending on the type of legal document concerned, but is normally 15 ISK for each started thousand ISK (i.e. approximately 1,5 %) on the amount of interest-bearing bonds secured by a mortgage or other security.
Končne različice zavez islandskih organov in banke Arion Bank so bile predložene 3. julija 2012 [5].
Cf. for example Commission Decision in Case SA.28264, Restructuring aid for Hypo Real Estate, in which the Commission accepted the separation of a large part of the Hypo Real Estate's overseas business as a measure to limit distortions of competition for the bank's successor PBB.
Banki Glitnir Bank in Landsbanki je 7. oktobra 2008 prevzel FME.
The Bank has confirmed that it is not aware of any clauses in any other types of lending agreements that allow the Bank to raise the interest rate if the customer does not maintain a minimum range of business with the Bank.
Nekaj časa se je zdelo, da se bo banki Kaupthing Bank uspelo izogniti enaki usodi in 6. oktobra 2008 je CBI banki Kaupthing odobrila posojilo v višini 500 milijonov EUR z zavarovanjem s premoženjem v danski podružnici Kaupthing FIH Erhvervsbanken.
If such clauses can be found within the Bank, the Bank will not enforce them until December 2014.
Skupna sredstva vseh treh bank so se eksponentno povečala z 1,4 bilijona ISK [7] v letu 2003 na 14,4 bilijona ISK ob koncu drugega četrtletja leta 2008.
ANNEX
Velik delež rasti vseh treh bank je bilo posojanje tujim subjektom, ki se je v letu 2007 [8] znatno povečalo, zlasti po začetku mednarodne likvidnostne krize.
COMMITMENTS AND RELEVANT CHANGES TO THE LEGAL FRAMEWORK FOR BANKING
Islandske banke so si v letu 2005 pod relativno ugodnimi pogoji na tujih trgih dolžniških vrednostnih papirjev izposodile 14 milijard EUR.
COMMITMENTS BY THE ICELANDIC AUTHORITIES
Ko je dostop do evropskih trgov dolžniških vrednostnih papirjev postal bolj omejen, so banke svoje dejavnosti financirale na trgih ZDA z islandskimi dolžniškimi vrednostnimi papirji v obliki finančnih instrumentov, zavarovanih z dolžniškimi instrumenti.
The Icelandic authorities have made two commitments which are enumerated below.
Politika, ki ji je sledila islandska vlada, je primarno določena v zakonu o izrednih razmerah [17], ki ga je islandski parlament sprejel 6. oktobra 2008.
Amendment of stamp duty to preclude state aid and reduce switching costs
Zakon daje FME izredna pooblastila, da prevzame nadzor nad finančnimi podjetji in po potrebi odtuji njihova sredstva in obveznosti.
The Ministry of Finance will appoint a working group with the mandate to review Act No 36/1978 on Stamp Duty.
Hkrati se je izredno zmanjšal uvoz in v letu 2010 je trgovinska bilanca [22] začasno imela presežek v višini približno 10 % BDP-ja.
The working group is to submit a report to the Minister of Finance by October 2012, along with a draft bill.
Z naraščanjem domačega povpraševanja v letu 2011 pa se je uvoz spet povečal in skupni trgovinski presežek se je znižal na 8,2 % BDP-ja.
The assignment of the working group will be, in particular, to examine the abolishment of stamp duties for bonds issued by individuals, when transferred between creditors (i.e. when individuals transfer their loans from one loan institution to another).
Napoved Statističnega urada Islandije za obdobje 2012-2017 predpostavlja, da se bo postopno okrevanje gospodarstva nadaljevalo in da bo rast v letu 2012 2,6-odstotna.
The group shall furthermore examine how the provision of stamp duty may be amended in order to simplify procedures and promote competition.
Podobna stopnja rasti se pričakuje v celotnem obdobju napovedi.
Measures to facilitate switching and reduce switching costs
FME je zato za vse tri banke določil 16-odstotni najnižji količnik kapitalske ustreznosti, od tega najmanj 12 % za količnik celotnega kapitala za kapital razreda 1.
In accordance with a resolution passed by the Icelandic parliament on 21 March 2012, a committee will be appointed by the Government with the mandate to review consumer protection in the financial market and present proposals as to how the position of individuals and households can be strengthened vis-à-vis loan institutions.
Zahteve so se uporabljale najmanj tri leta, razen če jih ni FME spremenil.
The appointment of the committee will include a specific mandate for the review of switching facilitation and switching costs reduction, and for the committee to work closely with the ICA as regards that issue.
Kljub velikemu napredku pri ponovnem vzpostavljanju finančnega sistema se Islandija še najprej spopada s posledicami finančne in valutne krize, ki se je začela jeseni leta 2008.
The Committee shall present its report no later than 15 January 2013.
Finančna kriza je razkrila številne napake in nepravilnosti v finančnem sistemu, ki jih je treba odpraviti za ponovno pridobitev javnega zaupanja.
Moreover, the Icelandic authorities have endorsed the following commitments by Arion Bank:
Število finančnih podjetij še vedno pada; nedavne so bile združitve Landsbankinn in SpKef marca 2011, Íslandsbanki in Byr decembra 2011 ter združitev Landsbankinn in hranilnice Svarfdaelir, ki jih je Nadzorni organ odobril 20. junija 2012.
Limitation on acquisition
Zmanjševanje števila finančnih podjetij in prevzemanje vlog bank, ki se zapirajo, s strani večjih bank, sta povečala koncentracijo na domačem trgu.
Arion Bank commits itself not to acquire financial institutions until 1 December 2014.
Po zaprtju številnih manjših finančnih podjetij v zadnjih letih je Teris izgubil znaten del svojih prihodkov in zato je januarja 2012 nekaj svojih informacijskih rešitev prodal RB-ju.
Notwithstanding this commitment, Arion Bank may, after obtaining the Authority's approval, acquire such undertakings, in particular if this is necessary in order to safeguard financial stability.
Po navedbah RB-ja in Terisa je bil cilj te transakcije med drugim še naprej zagotavljati storitve IT manjšim finančnim podjetjem.
Arion Bank commits itself to […].
Banke so prevzele številne delujoče družbe (ker so bile upnice teh družb) zaradi prezadolženosti po zlomu gospodarstva leta 2008.
Divestment of shares in companies under restructuring
ICA meni, da če banke opravljajo finančne storitve za gospodarske družbe in jih imajo hkrati v lasti, to lahko ustvari nasprotje interesov.
Arion Bank commits itself, to sell, as soon as possible, shareholdings in operating companies, which have been taken over due to restructuring, cf.
Skupna sredstva banke Arion Bank konec leta 2009 so predstavljala samo 11,5 % skupnih sredstev banke Kaupthing Bank sredi leta 2008.
Article 22 of the Act on Financial Undertakings No 161/2002.
Portfelj posojil je največja kategorija enega samega sredstva.
Furthermore, the bank commits itself to follow the procedure and time-limits, in the above-mentioned legal provision as interpreted by the FME.
Konec leta 2009 je banka Arion Bank zaposlovala 1057 ljudi (vključno z zaposlenimi v podružnicah), banka Kaupthing Bank pa je konec leta 2007 imela 3334 zaposlenih.
Finally, the bank will maintain up-to-date information on its website (or website of a relevant subsidiary) on such shareholdings that are held for sale.
Skupno število zaposlenih v banki Arion je torej predstavljajo 32 % skupnega števila zaposlenih v banki Kaupthing [35].
Measures benefitting new and small competitors
Obdobje instrumenta A je deset let od 30. decembra 2009.
Arion Bank commits itself to enact the following measures for the benefit of new and small competitors, until 1 December 2014:
Ima vgrajene spodbude za izstop v obliki povečanja obresti v petih letih.
Arion Bank will not enforce contract clauses, nor introduce new contract clauses, on interest rates in housing mortgage agreements for individuals that make special terms on interest rates contingent upon maintaining a minimum range of business with the bank.
Islandski organi so načrt prestrukturiranja za banko Arion Bank predložili 31. marca 2011, spremembe tega načrta pa 26. oktobra 2011.
Arion Bank will provide for easily accessible information, at the bank's website, on the process of switching banking services to another financial institution.
Posodobljen načrt prestrukturiranja je bil predložen 30. aprila 2012 skupaj s petletnim poslovnim načrtom in poročilom o notranji oceni kapitalske ustreznosti iz aprila 2012.
Furthermore, the website will make easily accessible the necessary documents to switch between financial institutions.
Poročilo o notranji oceni kapitalske ustreznosti je bilo FME predloženo v aprilu 2012.
The same information and business-transfer forms will be available at the branches of the bank.
Politika banke Arion Bank je, da se do leta 2013 vzdrži izplačevanja dividend.
Arion Bank will execute all requests for transfer of banking services in a swift manner.
Ta politika bo spremenjena le v sodelovanju s FME in le, če bosta FME in banka Arion Bank skupaj ugotovili, da je bil dosežen vzdržen preobrat islandskega gospodarstva.
Arion Bank will not invoke state involvement as a source of competitive advantage when marketing.
Delež slabih posojil se je znižal z 37 % konec leta 2010 na 13 % konec leta 2011.
Provided that competitive service offers are not available, Arion Bank is willing to offer the following services at a price that will be based on cost plus a reasonable margin, as decided by the Bank at any given time:
Konec leta 2011 je bilo 56 % posojil v portfelju posojil uvrščenih med dobra posojila, 18 % je bilo „opazovanih“, 13 % ni bilo donosnih, 13 % posojil pa je bilo slabih.
Payment processing services for ISK.
Poročilo o notranji oceni kapitalske ustreznosti temelji na finančnih podatkih z dne 31. decembra 2011.
Payment processing services for FX.
Glavni rezultat poročila je, da je po oceni banke za kritje njene izpostavljenosti tveganju na podlagi stebra I in II potreben kapital v višini […] milijard ISK.
RELEVANT ADAPTATIONS AND CHANGES TO THE REGULATORY AND SUPERVISORY FRAMEWORK FOR FINANCIAL MARKETS IN ICELAND ADOPTED AFTER THE CRISIS
Poročilo o notranji oceni kapitalske ustreznosti
The Icelandic authorities have submitted the following overview of amendments made to the legislation which was in effect in the autumn of 2008:
Poročilo o notranji oceni kapitalske ustreznosti navaja, da kljub velikemu napredku pri omejevanju velikega neravnovesja med posojili strankam v tuji valuti in posojili v islandski valuti, je v letu 2012 potrebno odpraviti še preostalo neravnovesje.
FME's (The Icelandic Financial Supervisory Authority) authorisations to intervene (to take over the powers of shareholders' meetings and dispose of assets, cf. the emergency legislation) have been increased; FME has been given expanded supervisory authorisations; additional provisions have been adopted enabling FME to evaluate the operations or behaviour of individual supervised parties.
Konec leta 2011 neravnovesja še vedno presegajo zakonsko dovoljeno mejo in potrebna je bila oprostitev CBI.
These include both decision-making authorisations, such as on the closing of establishments or termination of specific activities without actual revocation of operating licences, as well as a more detailed definition of concepts whose interpretation has been disputed by FME and supervised entities or appellate bodies.
Kot je bilo že navedeno, prispevek kapitala razreda 2 velja 10 let od 30. decembra 2009.
Rules on individual large exposures have been clarified and made more specific; both the role and responsibility of risk management have been increased and FME authorised to accord risk management higher status in the organisation of financial undertakings; provisions on the application of stress tests have been tightened.
Glede prihodkov je vgrajeno določilo o povečanju po petih letih (t.j. leta 2014) s 400 baznih točk na 500 baznih točk nad Euriborjem.
Provisions for a special registry of larger borrowers have been legalised, in order to provide better overview of large, individual exposures to two or more financial undertakings.
Glede združljivosti ukrepov, ocenjenih v sklepu o začetku postopka je Nadzorni organ menil, da je končno mnenje mogoče izraziti samo na podlagi načrta prestrukturiranja, ki pa do 15. decembra 2010, ko je Nadzorni organ začel formalni postopek preiskave, še ni bil predložen.
The registry is important for linking exposures together and assessing their systemic impact if difficulties should arise in the borrowers' operations.
Nadzorni organ je izrazil dvome o združljivosti pomoči zlasti zato, ker več kot eno leto po ustanovitvi banke Arion Bank še vedno ni bilo načrta prestrukturiranja.
Entities not subject to FME supervision, but which are listed in the registries of financial undertakings, must provide FME with information on all their obligations.
Zaradi istega razloga je bilo vprašanje zmanjšanja finančnega vzvoda v bilanci stanja banke v bistvu rešeno že oktobra 2008.
FME can prohibit the provision of services to such parties should they refuse to provide the information requested.
Kljub temu se Nadzorni organ strinja z oceno banke Arion Bank in islandskih organov, da so potrebni različni ukrepi, opredeljeni v načrtu prestrukturiranja, glede zmanjšanja dejavnosti banke v skladu z novim gospodarskim stanjem in omejevanja izpostavljenosti tveganju.
Provisions on sound business practices have been reinforced and the existence of the Complaints Committee on Transactions with Financial Undertakings enshrined in law; detailed information must be disclosed on all major owners of financial undertakings.
Na podlagi podatkov, ki jih je predložila banka Arion Bank, se zdi realno, da bi banka lahko dosegla svoj cilj dokončanja prestrukturiranja portfelja posojil podjetjem in gospodinjstvom do konca leta 2012.
The time limits allowing financial undertakings to dispose of appropriated assets have been shortened.
Če ne bo nepredvidenega razvoja dogodkov v makroekonomskem okolju na Islandiji ali v tujini, Nadzorni organ meni, da bi banka Arion Bank najpozneje ob koncu obdobja prestrukturiranja lahko imela relativno dobro bilanco stanja in uspešne portfelje posojil.
Provisions on financial undertakings' holdings in own shares have been tightened and defined in more detail.
Nadzorni organ pozdravlja ta prizadevanja, ker pomenijo, da je banki že uspelo obvladati svoje stroške in v letu 2011 ohraniti 45-odstotno razmerje med stroški in prihodki.
Holdings of subsidiaries are now considered own shares, as are off-balance-sheet contracts concerning own shares.
V skladu z načrtom prestrukturiranja banka namerava zagotoviti, da se bo v preostalem obdobju prestrukturiranja to razmerje še nekoliko znižalo, in sicer na […] %.
Financial undertakings have been prohibited from extending credit against pledges of their own shares or guarantee capital certificates.
Dejstvo, da se je pozneje količnik kapitalske ustreznosti banke Arion Bank nekoliko povečal, in sicer na 19 % v letu 2010 in na 21 % v letu 2011, te sklepne ugotovitve ne razveljavlja.
FME is now to lay down rules as to how loans secured by a mortgage on the shares of other financial undertakings are to be calculated in the risk base and capital base.
Količnik kapitalske ustreznosti se je povišal zlasti zaradi pripisa knjigovodske vrednosti sredstev, prenesenih iz banke Kaupthing na banko Arion Bank.
Both the responsibility and role of internal auditing section has been increased.
Dogovorjen je bil znesek 6,5 milijarde ISK [86], kar ustreza skoraj 9 – odstotnemu letnemu donosu kapitala za državo, ki je bil odplačan že jeseni 2009.
There are detailed rules concerning the balance between the size and diversity of the activities of the financial undertaking concerned and the scope of its internal auditing section.
Jasno je, da je ta znesek za 2,3 milijarde ISK nižji od obračunanih obresti na državne obveznice za to obdobje in je znatno nižji od referenčnih obresti ECB, ki so za to obdobje znašale 15,3 %, kot je določeno v Smernicah Nadzornega organa o dokapitalizaciji [87].
Five-year limits have been placed on the period for which an auditing firm may carry out the audit of the same financial undertaking; financial undertakings' ability to dismiss a 'difficult' auditor is reduced.
Nadzorni organ meni, da bi natančnejša ocena lahko dolgoročno koristila konkurenci.
All provisions on calculation of equity and various other technical aspects have been reviewed.
Zlom treh velikih komercialnih bank in negotovosti na finančnih trgih so močno vplivali tudi na druga finančna podjetja in v letu 2010 je pod javno upravo prišlo še več finančnih podjetij.
Rules on exercising qualifying holdings, i.e. 10 % or more of voting rights, have been reviewed.
FME je tako marca 2010 imenoval začasni upravni odbor za Investicijsko banko VBS.
FME is authorised to reverse the onus of proof in assessing parties intending on acquiring or adding to qualifying holdings, e.g. when it is uncertain who is/are the beneficial owner/-s of a holding company with a qualifying holding.
Ne vključuje bilance primarnega dohodka iz tujine, ki je bil v preteklih letih, zlasti od leta 2008, negativen.
Additional demands on eligibility have now been made of directors, their responsibility for supervision or operations have been increased and executive chairmen of the Board are prohibited; FME has been assigned a greater supervisory role for Boards of Directors; personally identifiable information must be disclosed on remuneration to senior management.
To pomeni, da je bil celotni tekoči račun Islandije kljub presežku v trgovinski bilanci v zadnjih letih negativen, čeprav se je od leta 2009 močno zmanjšal.
Rules have been set concerning credit transactions of financial undertakings with directors, managing directors, key employees and owners of qualifying holdings in the financial undertaking concerned.
To pomeni znatno prednost za vlagatelje, zlasti zato, ker se ljudje še zelo dobro spomnijo zloma bank v letu 2008.
Similar rules apply to parties closely connected with the above-mentioned.
Po drugi strani pa določba verjetno predstavlja tudi oviro za banke pri razpršitvi ureditve financiranja.
Rules concerning arrangements for incentive schemes and bonuses to management and employees and on termination contracts have been adopted.
4. maja 2011 je Drómi vložila tožbo zoper FME in banko Arion Bank, v kateri je zahtevala predvsem razveljavitev vseh sklepov FME o obrestnih merah in jo kot drugo zahtevala drugačne obrestne mere od začetka.
Provisions on the reorganisation and winding-up of financial undertakings have been tightened.
Kot odziv na naraščajočo gospodarsko dejavnost in vse slabše obete glede inflacije je CBI v letu 2011 dvakrat zvišala obrestne mere za skupaj 50 baznih točk in v prvi polovici leta 2012 za skupaj 75 baznih točk.
An overall revision of special rules on savings banks has been carried out.
Poslovni načrt predpostavlja, da se bo tak razvoj nadaljeval tudi v obdobju 2012 – 2014.
The status and rights of guarantee capital owners of savings banks have been clarified, restrictions set on dividends, clear rules have been adopted on guarantee capital transactions, rules have been set on write-downs of guarantee capital and rules on savings banks' authorisations for formal cooperation have been clarified.
Vendar se je islandski parlament pozneje odločil, da bo zakone o tujih valutah (in s tem na nadzor kapitalskih tokov) samo podaljšal do leta 2013.
Savings banks have been prohibited from altering their legal form.
Parlament zato CBI ni dal veliko manevrskega prostora, če bo nadzor odpravljen v naslednjih dveh letih.
According to the Icelandic authorities, Icelandic rules in some respects go beyond the pan-European framework.
Prizadevanja glede prestrukturiranja portfelja posojil so prinesla zmanjšanje razmerja slabih posojil s 37 % konec leta 2010 na 13 % konec leta 2011.
The main deviations from rules adopted by the EU which have been taken up in the EEA Agreement are the following:
Ta napredek pri reševanju posojilojemalcev v težavah zelo znižuje negotovost, povezano z oceno knjigovodske vrednosti portfelja posojil.
FME is authorised to restrict the activities of individual establishments of financial undertakings, if it sees reason to do so.
Konec leta 2009 je banka imela […] skupin, ki so presegale 10 % kapitalske osnove.
Furthermore, it is authorised to set special requirements for individual establishments of financial undertakings to continue their activities.
Vsota vseh teh skupin je bila 175 % kapitalske osnove.
FME may also limit provisionally the activities which a financial undertaking may pursue, in full or in part, whether subject to license or not, if the Authority sees reason to do so.
Predpostavlja se, da bodo cene stanovanj padle za 10 % v letu 2012, za 18 % v letu 2013 in za 16 % v letu 2014.
This is naturally prompted not least by the activities of branches and deposit accounts established by them in other European states until 2008 (Icesave, Edge and Save-and-Save).
V letu 2012 se pričakuje 30-odstotni odliv vlog fizičnih oseb, 20-odstotni odliv vlog podjetij in 80-odstotni odliv vlog kreditnih ustanov.
Considerably more detailed provisions are set concerning the role of internal audit in Icelandic law than in the EU directives.
V obdobju 2012-2014 se pričakuje 50-odstotno znižanje prihodka od provizij v primerjavi z osnovnim scenarijem.
Considerably more detailed provisions are set on how stress tests are to be carried out than in the EU directives.
Stopnja oslabitve posojil naj bi se znižala za 1 – 3 %, posojilni razmik za 0,5 – 1 %, razmik vlog pa na bi se povečal za 0,5 – 1 %.
Financial undertakings must keep a special registry (a credit registry) of all parties to whom they extend credit and submit an updated list to FME at the end of each month.
Objavljena na spletni strani Nadzornega organa na http://www.eftasurv.int/media/state-aid-guidelines/Part-VIII---Return-to-viability-and-the-assessment-of-restructuring-measures-in-the-financial-sector.pdf.
Furthermore, a similar list shall be sent on parties closely connected with financial undertakings, their Boards of Directors and managers and groups of connected clients, to the extent that these parties are not on the above-mentioned list.
Nov Pravilnik o devizni bilanci, ki ga je sprejela CBI, je začel veljati 1. januarja 2011.
This list will provide a better opportunity to monitor inter-linkages between financial undertakings, their directors and management.
Namen pravil je omejiti valutno tveganje s preprečevanjem, da devizne bilance presežejo opredeljene omejitve.