natgillin/translations-raw huggingface dataset:
15 Since poorly designed remuneration policies and incentive schemes are capable of increasing to an unacceptable extent the risks to which credit institutions and investment firms are exposed , it is appropriate that competent authorities impose qualitative or quantitative measures on the relevant entities that are designed to address problems that have been identified in relation to remuneration policies in the Pillar 2 supervisory review .
Ker lahko slabo zasnovane politike prejemkov in sistem spodbud do nesprejemljive ravni povečajo tveganja , ki so jim izpostavljene kreditne institucije in investicijska podjetja , je primerno , da pristojni organi zadevnim subjektom naložijo kvalitativne ali kvantitativne ukrepe , ki so namenjeni rešitvi težav , ugotovljenih v zvezi s politikami prejemkov v nadzorniškem pregledu „stebra 2 » .
Qualitative measures available to competent authorities include requiring credit institutions or investment firms to reduce the risk inherent in their activities , products or systems , including structures of remuneration to the extent that they are inconsistent with effective risk management .
Med kvalitativnimi ukrepi , ki jih lahko naložijo pristojni organi , je zahteva za kreditne institucije ali investicijska podjetja , da zmanjšajo tveganje , povezano z njihovimi dejavnostmi , produkti ali sistemi , vključno s strukturami prejemkov , če ti niso skladni z učinkovitim obvladovanjem tveganja .
Quantitative measures include a requirement to hold additional own funds .
Kvantitativni ukrepi vključujejo zahtevo po držanju dodatnih lastnih sredstev .
In order to ensure adequate transparency to the market of their remuneration structures and the associated risk , credit institutions and investments forms should disclose information on their remuneration policies and practices for those staff whose professional activities have a material impact on the risk profile of the institution .
Za zagotovitev ustrezne preglednosti struktur prejemkov in povezanega tveganja morajo kreditne institucije in investicijska podjetja razkriti informacije o politikah in praksah prejemkov za osebje , katerega poklicne dejavnosti bistveno vplivajo na profil tveganja institucije .
However , this obligation should be without prejudice to Directive 95/46 / EC of the European Parliament and of the Council of 24 October 1995 on the protection of individuals with the regard to the processing of personal data and the free movement of such data .
Vendar pa ta obveznost ne bi smela posegati v Direktivo 95/46 / ES Evropskega parlamenta in Sveta z dne 24 . oktobra 1995 o varstvu posameznikov pri obdelavi osebnih podatkov in o prostem pretoku takih podatkov16 .
16 The review of risks to which the credit institution might be exposed should result in effective supervisory measures .
Pregled tveganj , ki bi jim kreditna institucija lahko bila izpostavljena , mora privesti do učinkovitih ukrepov nadzora .
It is therefore necessary that further convergence be reached with a view to supporting joint decisions by supervisors and ensuring equal conditions of competition within the Community .
Zato je nujno , da se doseže nadaljnja konvergenca , z namenom podpreti skupne odločitve nadzornikov in zagotoviti enake konkurenčne pogoje v Skupnosti .
There should be a separate capital treatment for securitisations which re-package other securitisations and are subject to a higher credit risk than normal securitisations and provides credit institutions and investment firms with clear disincentives against investment in securitisations of particularly high complexity and risk .
Obstajati bi morala ločena obravnava kapitala za listinjenja , ki preoblikujejo druga listinjenja in so predmet višjega kreditnega tveganja kot običajna listinjenja ter za kreditne institucije in investicijska podjetja predstavljajo jasen odvračilni dejavnik pri naložbah v listinjenja , ki so še posebej zapletena in tvegana .
Banks investing in re-securitisations are required under Directive 2006/48 / EC to exercise due diligence also with regard to the underlying securitisations and the nonsecuritisation exposures ultimately underlying the former .
Banke , ki vlagajo v dodatna listinjenja , morajo po Direktivi 2006/48 / ES ravnati s potrebno skrbnostjo tudi v zvezi z osnovnimi listinjenji in izpostavljenostmi iz naslova nelistinjenja , ki so osnova za prve .
Depending on the ( 10 )
Glede na zapletenost plasti struktur listinjenja ter zapletenost in raznolikost ( ali obojega ) izpostavljenosti iz naslova nelistinjenja , ki so osnova za dodatno listinjenje , morda niti ne bo mogoče ravnati s potrebno skrbnostjo ali pa to ne bo gospodarno ( ali oboje ) .
OJ L 281 , 23.11.95 , p. 31 . EN
UL L 281 , 23.11.1995 , str . 31 .
complexity of the layers of securitisation structures and depending on the complexity and the diversity ( or both ) of the non-securitisation exposures that ultimately underlie the re-securitisations , the required due diligence may be impossible or uneconomical ( or both ) to carry out .
SL
In their review of the required due diligence , competent authorities should devote particular attention to such highly complex securitisations and require their full deduction from capital , unless it has been convincingly demonstrated to their satisfaction that in each individual case of highly complex re-securitisation exposures , the institution has performed the due diligence required by Directive 2006/48 / EC , including with regard to the ultimate underlying exposures .
zapletenega dodatnega listinjenja ravnala s potrebno skrbnostjo , kot jo zahteva Direktiva 2006/48 / ES , vključno v zvezi s končnimi osnovnimi izpostavljenostmi .
( 16 ) In order to promote the convergence of supervisory practices with regard to the supervision of due diligence for highly complex re-securitisations , the Committee of European Banking Supervisors should establish guidelines , which should include a definition of or criteria for the types of re-securitisations that should be considered as « highly complex » for this purpose .
( 16 ) Za spodbujanje konvergence nadzornih praks v zvezi z nadzorom potrebne skrbnosti za zelo zapletena dodatna listinjenja mora Odbor evropskih bančnih nadzornikov oblikovati smernice , ki morajo vključevati opredelitev meril za tiste vrste dodatnih listinjenj , ki jih je v ta namen treba obravnavati kot „zelo zapletena » .
That definition or those criteria should be adapted to developments in market practices .
To opredelitev ali ta merila je treba prilagoditi razvoju tržnih praks .
The provisions on prudent valuation in Directive 2006/49 / EC should apply to all instruments measured at fair value , whether in the trading book or non-trading book of institutions .
Določbe o preudarnem vrednotenju v Direktivi 2006/49 / ES morajo veljati za vse instrumente , merjene po pošteni vrednosti , v trgovalni ali bančni knjigi institucij .
It should be clarified that , where the application of prudent valuation would lead to a lower carrying value than actually recognised in the accounting , the absolute value of the difference should be deducted from own funds .
Treba je pojasniti , da je treba tam , kjer bi preudarno vrednotenje privedlo do knjigovodske vrednosti , ki bi bila nižja od priznane vrednosti , absolutno vrednost razlike odbiti od lastnih sredstev .
Institutions should have a choice whether to apply a capital requirement to or deduct from own funds those securitisation positions that receive a 1 250 % risk weight under this Directive , irrespective of whether the positions are in the trading or the nontrading book .
Institucije morajo imeti na voljo izbiro , ali bodo uporabile kapitalsko zahtevo ali pa odbile od lastnih sredstev tiste pozicije listinjenja , ki imajo 1 250-odstotno utež tveganja po tej direktivi , ne glede na to , ali so pozicije v trgovalni ali bančni knjigi .
Capital requirements for settlement risks should also apply to the non-trading book .
Kapitalske zahteve za tveganja neizpolnitve morajo veljati tudi za bančno knjigo .
Originator or sponsor institutions should not be able to circumvent the prohibition of implicit support by using their trading books in order to provide such support .
Institucije v vlogi originatorja ali sponzorja ne smejo imeti možnosti , da se izognejo prepovedi implicitne podpore z uporabo trgovalnih knjig z namenom zagotoviti takšno podporo .
Without prejudice to the disclosures explicitly required by this Directive , the aim of the disclosure requirements should be to provide market participants with accurate and comprehensive information regarding the risk profile of individual institutions .
Brez poseganja v razkritja , ki jih izrecno zahteva ta direktiva , mora biti namen zahtev po razkritju udeležencem na trgu zagotoviti točne in celovite informacije v zvezi s profilom tveganja posameznih institucij .
Therefore institutions should be required to disclose additional information not explicitly listed in this Directive if necessary to meet this objective .
Zato je treba institucijam naložiti zahtevo po razkritju dodatnih informacij , ki niso izrecno navedene v tej direktivi , če je to potrebno za dosego tega namena .
In order to ensure a coherent implementation throughout the Community of Directive 2006/48 / EC , the Commission and the Committee of European Banking Supervisors set up a working group ( Capital Requirements Directive Transposition Group CRDTG ) in 2006 , entrusted with the task of discussing and resolving issues related to the implementation of that Directive .
Da se zagotovi skladno izvajanje Direktive 2006/48 / ES v vsej Skupnosti , sta Komisija in Odbor evropskih bančnih nadzornikov leta 2006 ustanovila delovno skupino ( Skupina za prenos Direktive o kapitalskih zahtevah ( CRDTG )) , katere naloga je obravnavati in reševati vprašanja , povezana z izvajanjem te direktive .
According to the CRDTG , certain technical provisions of Directives 2006/48 / EC and 2006/49 / EC need to be further specified .
Po navedbah CRDTG je treba podrobneje opredeliti nekatere tehnične določbe direktiv 2006/48 / ES in 2006/49 / ES .
It is therefore appropriate to adjust those provisions .
Zato je primerno , da se te določbe prilagodijo .
Where an external credit assessment for a securitisation position incorporates the effect of credit protection provided by the investing institution itself , the institution should not be able to benefit from the lower risk weight resulting from that protection . This should not lead to the deduction from capital of the securitisation if there are
Če zunanja bonitetna ocena za pozicijo listinjenja vključuje vpliv kreditnega zavarovanja , ki ga zagotavlja sama kreditna institucija , institucija ne sme imeti koristi od nižje uteži tveganja , ki je posledica tega zavarovanja .
other ways to determine a risk weight in line with the actual risk of the position , not taking into account such credit protection .
To ne sme voditi do odbitka listinjenja od kapitala , če obstajajo drugi načini za določitev uteži tveganja v skladu z dejanskim tveganjem pozicije , brez upoštevanja takšnega kreditnega zavarovanja .
( 24 ) In the field of securitisation , disclosure requirements of institutions should be considerably strengthened .
Na področju listinjenja je treba zahteve po razkritju za institucije znatno poostriti .
They should in particular also take into account the risks of securitisation positions in the trading book .
Zlasti morajo vključevati tveganja pozicij listinjenja v trgovalni knjigi .
Specific risk charges for securitisation positions should be aligned with the capital requirements in the banking book since the latter provide for a more differentiated and risk-sensitive treatment of securitisation positions .
Posebne kapitalske zahteve za kreditno tveganje za pozicije listinjenja morajo biti usklajene s kapitalskimi zahtevami v bančni knjigi , saj ta zagotavlja bolj raznoliko in na tveganje občutljivo obravnavo pozicij listinjenja .
Given recent weak performance , the standards for internal models to calculate market risk capital requirements should be strengthened .
Glede na nedavne slabe rezultate je treba poostriti standarde za notranje modele za izračun kapitalskih zahtev za tržno tveganje .
In particular , their capture of risks should be completed regarding credit risks in the trading book .
Zlasti je treba zajetje tveganj dopolniti v zvezi s kreditnimi tveganji v trgovalni knjigi .
Furthermore , capital charges should include a component adequate to stress conditions to strengthen capital requirements in view of deteriorating market conditions and in order to reduce the potential for pro-cyclicality .
Poleg tega morajo kapitalske zahteve vključevati sestavino , primerno za izjemne pogoje , za poostritev kapitalskih zahtev na podlagi vedno slabših tržnih pogojev in z namenom zmanjšati možnost za
Given the recent particular difficulties of treating securitisation positions using approaches based on internal models , institutions » ability to model securitisation risks in the trading book should be limited and a standardised capital charge for securitisation positions in the trading book should be required by default . Directives 2006/48 / EC and 2006/49 / EC should therefore be amended accordingly ,
procikličnost . Glede na nedavne težave v zvezi z obravnavo pozicij listinjenja s pomočjo pristopov na podlagi notranjih modelov mora biti sposobnost institucij za oblikovanje tveganj listinjenja v trgovalni knjigi omejena , zahtevana pa bi morala biti tudi standardizirana kapitalska zahteva za pozicije listinjenja v trgovalni knjigi .
( 27 ) HAVE ADOPTED THIS DIRECTIVE : Article 1 Directive 2006/48 / EC is amended as follows : ( 1 ) In Article 4 , the following points ( 40a ) and ( 40b ) are inserted : « ( 40a ) « re-securitisation » means a securitisation where one or more of the underlying exposures meet the definition of a securitisation position ;
( 27 ) Direktivi 2006/48 / ES in 2006/49 / ES je zato treba ustrezno spremeniti -- SPREJELA NASLEDNJO DIREKTIVO : Člen 1 Direktiva 2006/48 / ES se spremeni : ( 1 ) V člen 4 se vstavita naslednji točki ( 40a ) in ( 40b ) : „ ( 40a ) , dodatno listinjenje » pomeni listinjenje , kjer ena ali več osnovnih izpostavljenosti ustreza opredelitvi pozicije listinjenja ;
( 40b ) « re-securitisation position » means an exposure to a re-securitisation ;"
( 40b ) , pozicija dodatnega listinjenja » pomeni izpostavljenost dodatnemu listinjenju ;"
( 2 ) Article 22 is amended as follows : ( a ) « 1 .
( 2 ) Člen 22 se spremeni : ( a ) „1 .
Paragraph 1 is replaced by the following : Home Member State competent authorities shall require that every credit institution have robust governance arrangements , which include a clear organisational structure with well-defined , transparent and consistent lines of responsibility , effective processes to identify , manage , monitor and report the risks it is or might be exposed to , adequate internal control mechanisms , including sound administration and accounting procedures , and remuneration policies and practices that are consistent with and promote sound and effective risk management ."
Odstavek 1 se nadomesti z naslednjim : Pristojni organi matične države članice zahtevajo , da ima vsaka kreditna institucija zanesljivo ureditev upravljanja , ki vključuje jasno organizacijsko strukturo z natančno opredeljenimi , preglednimi in doslednimi odgovornostmi , učinkovitimi postopki za ugotavljanje , upravljanje in spremljanje tveganj ter poročanje o tveganjih , ki jim je ali bi lahko bila izpostavljena , in ustrezne mehanizme za notranjo kontrolo , vključno z zanesljivimi upravnimi in računovodskimi postopki , ter politike in prakse prejemkov , ki so skladne s premišljenim in učinkovitim obvladovanjem tveganja in ga spodbujajo .."
The following paragraph 3 is added : The Committee of European Banking Supervisors shall ensure the existence of guidelines on sound remuneration policies which comply with the principles set out in point 22 of Annex V. The Committee of European Securities Regulators shall cooperate closely with the Committee of European Banking Supervisors in ensuring the existence of guidelines on remuneration policies for categories of staff involved in the provision of investment services and
Doda se naslednji odstavek 3 : Odbor evropskih bančnih nadzornikov zagotovi smernice o premišljenih politikah prejemkov , ki so skladne z načeli iz točke 22 Priloge V. Odbor evropskih zakonodajalcev za vrednostne papirje tesno sodeluje z Odborom evropskih bančnih nadzornikov pri zagotovitvi smernic o politikah prejemkov za osebje , udeleženo pri zagotavljanju investicijskih storitev in dejavnosti v smislu Direktive 2004/39 / ES Evropskega parlamenta in Sveta z dne 21 .
activities meaning of Directive 2004/39 / EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments .
aprila 2004 o trgih finančnih instrumentov ."
( 3 ) In Article 54 , the following paragraph is added : « Member States shall ensure that , for the purposes of the first paragraph , their respective competent authorities have the power to impose financial and nonfinancial penalties or measures .
„Države članice zagotovijo , da imajo , za namene prvega odstavka , njihovi pristojni organi pooblastilo za naložitev finančnih in nefinančnih kazni ali ukrepov .
Those penalties or measures must be effective , proportionate and dissuasive ."
Te kazni ali ukrepi morajo biti učinkoviti , sorazmerni in odvračilni ."
( 4 ) Article 57 is amended as follows : ( a ) In the first paragraph , point ( r ) is replaced by the following : « ( r ) the exposure amount of securitisation positions which receive a risk weight of 1 250 % under Annex IX , Part 4 and the exposure amount of securitisation positions in the trading book that would receive a 1 250 % risk weight in the same credit institutions non-trading book .
( 4 ) Člen 57 se spremeni : ( a ) V prvem odstavku se točka ( r ) nadomesti z naslednjim : „ ( r ) zneski izpostavljenosti pozicij listinjenja , ki prejmejo utež tveganja 1 250 % na podlagi dela 4 Priloge IX , in zneski izpostavljenosti pozicij listinjenja v trgovalni knjigi , ki bi prejeli utež tveganja 1 250 % v bančni knjigi iste kreditne institucije .
( b ) The following paragraph is added : For the purposes of point ( r ) , exposure amounts shall be calculated in the manner specified in Annex IX , Part 4 ."
Za namene točke ( r ) se zneski izpostavljenosti izračunajo na način , določen v delu 4 Priloge IX ."
( 5 ) In Article 64 , the following paragraph 5 is added : « 5 .
( 5 ) Členu 64 se doda naslednji odstavek 5 : „5 .
Credit institutions shall apply the requirements of Part B of Annex VII to Directive 2006/49 / EC to all their assets measured at fair value when calculating the amount of own funds and shall not include in the amount of own funds any amounts necessary as adjustments under those requirements ."
Kreditne institucije uporabljajo zahteve iz dela B Priloge VII k Direktivi 2006/49 / ES za vsa lastna sredstva , merjena po pošteni vrednosti , ko izračunavajo znesek lastnih sredstev , v znesek lastnih sredstev pa ne vključijo zneskov , potrebnih za prilagoditev v skladu s temi zahtevami ."
( 6 ) Article 66 ( 2 ) is replaced by the following : « 2 .
( 6 ) člen 66 ( 2 ) se nadomesti z naslednjim : „2 .
The total of the items in points ( l ) to ( r ) of Article 57 shall be deducted half from the total of the items in points ( a ) to ( c ) minus ( i ) to ( k ) of that Article , and half from the total of the items in points ( d ) to ( h ) of that Article , after application of the limits laid down in paragraph 1 of this Article .
Skupna vrednost postavk iz točk ( l ) do ( r ) člena 57 se za polovico odbije od vsote postavk iz točk ( a ) do ( c ) , zmanjšane za vrednost postavk iz točk ( i ) do ( k ) iz tega člena , in polovico od skupne vrednosti postavk iz točk ( d ) do ( h ) tega člena , ob uporabi omejitev , določenih z odstavkom 1 tega člena .
To the extent that half of the total of the items in points ( l ) to ( r ) exceeds the total of the items in points ( d ) to ( h ) of Article 57 , the excess shall be deducted from the total of the items in points ( a ) to ( c ) minus ( i ) to ( k ) of that Article .
Če polovica skupne vrednosti postavk iz točk ( l ) do ( r ) presega skupno vrednost postavk iz točk ( d ) do ( h ) člena 57 , se ta presežek odbije od skupne vrednosti iz točk ( a ) do ( c ) , zmanjšane za vrednost postavk iz točk ( i ) do ( k ) tega člena .
Items in point ( r ) of Article 57 shall not be deducted if they have been included for the purposes of Article 75 in the calculation of risk-weighted exposure amounts as specified in Annex IX , Part 4 or in the calculation of capital requirements as specified in Annex I to Directive 2006/49 / EC ."
Postavke iz točke ( r ) člena 57 se ne odbijejo , če se vključijo , za namene člena 75 , v izračun zneskov tveganju prilagojenih izpostavljenosti , kakor je opredeljeno v delu 4 Priloge IX , ali v izračun kapitalskih zahtev , kakor je opredeljeno v Prilogi I k Direktivi 2006/49 / ES ."
( 7 ) In Article 75 , point ( c ) is replaced by the following : « ( c ) in respect of all their business activities , for foreign exchange risk , for settlement risk and for commodities risk , the capital requirements determined according to Article 18 of Directive 2006/49 / EC ;"
( 7 ) V členu 75 se točka ( c ) nadomesti z naslednjim : „ ( c ) za vse poslovne dejavnosti , za valutno tveganje , za tveganje neizpolnitve in za tveganje v zvezi z blagom , kapitalske zahteve , določene v skladu s členom 18 Direktive 2006/49 / ES ;"
( 8 ) Article 101 ( 1 ) is replaced by the following : « 1 .
( 8 ) Člen 101 ( 1 ) se nadomesti z naslednjim : „1 .
The following shall not , with a view to reducing potential or actual losses to investors , provide support to the securitisation beyond its contractual obligations : ( a ) any originator credit institution which , in respect of a securitisation , has done any of the following : EN
Naslednja subjekta ne zagotavljata podpore pri listinjenju , ki presega njune pogodbene obveznosti , za zmanjšanje morebitnih ali dejanskih izgub investitorjev : ( a ) kreditna institucija v vlogi originatorja , ki je v zvezi z listinjenjem storila naslednje : ( i ) ( ii ) uporabila člen 95 pri izračunu zneskov tveganju prilagojenih izpostavljenosti ;
made use of Article 95 in the calculation of risk-weighted exposure amounts ; sold instruments from its trading book to an SSPE to the effect that it does not hold capital for the specific risk of these instruments anymore ;
prodala instrumente iz trgovalne knjige subjektu s posebnim namenom pri listinjenju ( SSPE ) , tako da nima več kapitala za posebno tveganje teh instrumentov ;
( b ) a sponsor credit institution ."
( b ) kreditna institucija v vlogi sponzorja ."
( 9 ) The following Article 122b is inserted after Article 122a : « Article 122b 1 .
( 9 ) Za členom 122a se vstavi naslednji člen 122b : „Člen 122b 1 .
Notwithstanding the risk weights for general re-securitisation positions in Annex IX , Part 4 , the competent authorities shall require that credit institutions apply a 1250 % risk weight to positions in highly complex re-securitisations , unless the credit institution has demonstrated to the competent authority for each such re-securitisation position concerned that it has complied with the requirements set out in Article 122a ( 4 ) and ( 5 ) .
Ne glede na uteži tveganja za splošne pozicije dodatnega listinjenja v delu 4 Priloge IX pristojni organi zahtevajo , da kreditne institucije uporabijo 1 250odstotno utež tveganja za pozicije zelo zapletenih dodatnih listinjenj , razen če je kreditna institucija pristojnemu organu za vsako zadevno pozicijo dodatnega listinjenja dokazala , da je izpolnila zahteve iz člena 122a ( 4 ) in ( 5 ) .
In respect of positions in existing re-securitisations , paragraph 1 shall apply from 31 December 2014 where new underlying exposures are added or substituted after that date ." 2 .
V zvezi s pozicijami obstoječih dodatnih listinjenj odstavek 1 velja od 31 . decembra 2014 , kjer se po tem datumu dodajo ali nadomestijo nove osnovne izpostavljenosti ."