natgillin/translations-raw huggingface dataset:
Third , the ECB would see merits in a general review of the securitisation terminology used both in Directive 2006/48 / EC and in the proposed directive to align it more closely with the usual legal terminology and to ensure increased legal certainty ( 1 ) .
Tretjič , po mnenju ECB bi bilo koristno , da bi se terminologija za listinjenje , uporabljena tako v Direktivi 2006/48 / ES kot v predlagani direktivi , splošno pregledala in tesneje uskladila z običajno pravno terminologijo , s čimer bi zagotovila večja pravno varnost ( 1 ) .
Lastly , the interaction of the requirement of maintaining a material net economic interest with accounting requirements needs to be investigated ( 2 ) .
Končno , preučiti je treba medsebojno vplivanje zahteve po vzdrževanju pomembnega neto deleža in računovodskih zahtev ( 2 ) .
In this context , the ECB sees merit in the development of guidance by the International Accounting Standards Board ( IASB ) on International Financial Reporting Standards ( IFRS ) 39 ( 3 ) and the IASB 's Standing Interpretation Committee 's ( SIC ) issue No 12 ( 4 ) in order to address the potential impact of the securitisation-related provisions of the proposed directive on derecognition and consolidation rules .
V zvezi s tem je po mnenju ECB koristno razvijanje smernic Upravnega odbora za mednarodne računovodske standarde ( UOMRS ) glede Mednarodnih standardov računovodskega poročanja ( MSRP ) 39 ( 3 ) in v izdaji št . 12 ( 4 ) Strokovnega odbora za pojasnjevanje ( SOP ) pri UOMRS , s katerimi se obravnava morebitni vpliv določb predlagane direktive , ki so povezane z listinjenjem , na pravila za nepripoznanje in konsolidacijo .
Additional legal and technical observations 19 .
Dodatne pravne in tehnične pripombe 19 .
When referring to the ECB , the ESCB and national central banks of the ESCB , the ECB recommends using wording consistent with the provisions of the Treaty and the Statute of the European System of Central Banks ( hereinafter the « ESCB Statute ') to avoid further consolidating outdated concepts and to facilitate the reading of the Directive .
ECB pri sklicevanju na ECB , ESCB in nacionalne centralne banke ESCB priporoča uporabo besedišča , ki je skladno z določbami Pogodbe in Statuta Evropskega sistema centralnih bank ( v nadaljevanju : Statut ESCB ) , da bi se izognili nadaljnjemu utrjevanju zastarelih pojmov in da bi olajšali branje direktive .
Directive 2006/48 / EC is characterised by a number of serial or circular references which affect its comprehensibility and clarity ( 5 ) .
Direktiva 2006/48 / ES je zaznamovana s pogostim serijskim in krožnim sklicevanjem , ki negativno vpliva na njeno razumljivost in jasnost ( 5 ) .
Moreover , a number of references are not worded « in such a way that the central element of the provision to which reference is to be made can be understood without consulting that provision » ( 6 ) .
Poleg tega sklicevanje pogosto ni oblikovano „tako , da je osrednji del določbe na katero se sklicevanje nanaša razumljiv , ne da bi jo bilo treba prebrati » ( 6 ) .
This unfortunate practice is further pursued in the proposed directive ( 7 ) .
Ta neposrečen pristop se v predlagani direktivi še naprej pojavlja ( 7 ) .
The ECB recommends , also for the sake of legal certainty and transparency , redrafting these provisions so that it is possible to read and understand them without consulting various other provisions of Directive 2006/48 / EC .
ECB priporoča , tudi zaradi pravne varnosti in preglednosti , da se besedilo teh določb preoblikuje tako , da jih bo mogoče brati in razumeti , ne da bi bilo treba brati razne druge določbe Direktive 2006/48 / ES .
Directive 2006/48 / EC refers to « other public authorities responsible for overseeing payment systems » ( 8 ) .
Direktiva 2006/48 / ES omenja „druge javne organe , odgovorne za nadzor plačilnih sistemov » ( 8 ) .
The ECB has consistently noted on several occasions that Article 105 ( 2 ) of the Treaty and Article 3.1 of the ESCB Statute provide the legal basis for the Eurosystem 's oversight activities and that , in ( 1 ) For an overview of national laws applicable to securitisation in 15 Member States , see the report by the European Financial Markets Lawyers Group ( EFMLG ) on legal obstacles to cross-border securitisations in the EU , 7.5.2007 , available on the EFMLG 's website at www.efmlg.org ( 2 ) ECB report on EU Banking Structures , p. 24 .
ECB je ob več priložnostih dosledno opominjala , da člen 105 ( 2 ) Pogodbe in člen 3.1 Statuta ESCB določata pravno podlago za Eurosistemove dejavnosti pregleda nad delovanjem in da poleg tega Eurosistemova pristojnost za pregled nad delovanjem izhaja iz člena 22 Statuta ESCB ( 9 ) . ECB meni , da člen 105 ( 2 ) Pogodbe in člen 3.1 Statuta ESCB izključujeta vmešavanje katerega koli organa Skupnosti ali nacionalnega organa v Eurosistemovo pristojnost za pregled nad delovanjem , z izjemo centralnih bank , ki ( 1 ) Za pregled nacionalnih pravnih predpisov , ki urejajo listinjenje v 15 državah članicah , glej poročilo Skupine pravnikov za evropske finančne trge ( European Financial Markets Lawyers Group -- EFMLG ) o pravnih ovirah pri čezmejnem listinjenju v EU , 7.5.2007 , dostopno na spletni strani EFMLG na naslovu www.efmlg.org 2 ) Poročilo ECB o bančnih strukturah EU , str .
( 3 ) « Financial Instruments : Recognition and Measurement » , released in December 2003 .
( ( 3 ) Financial Instruments : Recognition and Measurement ( Finančni instrumenti : Pripoznanje in merjenje ) , izšlo v decembru 2003 .
( 4 ) « Consolidation --- Special Purpose Entities » .
( 4 ) Consolidation -- Special Purpose Entities ( Konsolidacija -- Subjekti za posebne namene ) .
( 5 ) See the Joint Practical Guide and in particular Recommendation 16 , available on the Europa website at www.europa.eu ( 6 ) Recommendation 16.7 of the Joint Practical Guide , available on the Europa website at www.europa.eu ( 7 ) See , for instance , the first sentence of Article 129 ( 2 ) , of Directive 2006/48 / EC and the new Article 129 ( 1 )( b ) .
( 5 ) Glej Skupna praktična navodila in zlasti priporočilo 16 , dostopno na spletni strani Europa na naslovu www.europa.eu ( 6 ) Priporočilo 16.7 Skupnih praktičnih navodil , dostopno na spletni strani Europa na naslovu www.europa.eu ( 7 ) Glej na primer prvi stavek člena 129 ( 2 ) Direktive 2006/48 / ES in novi člen 129 ( 1 )( b ) .
( 8 ) Article 49 ( b ) of Directive 2006/48 / EC .
( 8 ) Člen 49 ( b ) Direktive 2006/48 / ES .
22.4.2009 EN
januarja 2000 na zahtevo luksemburškega Ministrstva za zakladnico in proračun o osnutku zakonskega predloga za izvedbo Direktive 98/26 / ES o dokončnosti poravnave pri plačilih in sistemih poravnave vrednostnih papirjev v zakonu z dne 5 .
Official Journal of the European Union C 93/11
aprila 1993 , z vsemi spremembami , o finančnem sektorju in o dopolnitvi zakona z dne 23 .
addition , the Eurosystem 's oversight competence results from Article 22 of the ESCB Statute ( 1 ) .
decembra 1998 o ustanovitvi komisije , pristojne za bonitetni nadzor finančnega sektorja ter odstavek 7.2 novejšega Mnenja ECB CON / 2006/23 z dne 22 .
The ECB considers that Article 105 ( 2 ) of the Treaty and Article 3.1 of the ESCB Statute exclude interference in the Eurosystem 's oversight competence by any Community or national body other than a central bank acting within the framework of the ESCB / Eurosystem ( 2 ) .
maja 2006 na zahtevo centralne banke Bank Ċentrali ta » Malta / Central Bank of Malta o predlogu zakona o spremembah statuta centralne banke Bank Ċentrali ta » Malta / Central Bank of Malta .
Against this backdrop , in line with the position taken for other Community legislation ( 3 ) , the ECB recommends deleting the above reference ( 4 ) .
delujejo v okviru ESCB / Eurosistema ( 1 ) . Na tej podlagi in skladno s stališčem , sprejetim za preostalo zakonodajo Skupnosti ( 2 ) , ECB priporoča , da se zgornja navedba črta ( 3 ) .
Clearing , settlement and custody activities generate a specific type of exposure which should not be treated in a similar way to exposures arising from usual inter-banking lending activities .
Klirinške , poravnalne in skrbniške dejavnosti ustvarjajo posebno vrsto izpostavljenosti , ki se ne sme obravnavati podobno kot izpostavljenosti , ki izvirajo iz običajnih medbančnih posojilnih dejavnosti .
The main reasons are that these exposures are of a very short-term maturity as they are usually no longer than overnight and that they are beyond the control of the institutions concerned , these exposures being mainly the result of client activity .
Glavni razlogi so v tem , da imajo te izpostavljenosti zelo kratkoročno zapadlost , saj običajno ne trajajo dlje kot čez noč , in da so zunaj kontrole zadevnih institucij , saj so te izpostavljenosti v glavnem rezultat dejavnosti strank .
Although adequate mitigation and monitoring measures should be in place to address potential risks associated with these activities , the ECB supports the exemption to this effect introduced in the proposed directive ( 5 ) .
Čeprav bi morali obstajati primerni ukrepi za zmanjšanje in spremljanje možnih tveganj , povezanih s temi dejavnostmi , ECB podpira izvzetje , ki je v zvezi s tem predvideno v predlagani direktivi ( 4 ) .
Drafting proposals are set out in the Annex to clarify this exemption further .
V dodatno pojasnitev tega izvzetja so v prilogi predlagane spremembe besedila .
Drafting proposals Where the above advice would lead to changes in the proposed directive , drafting proposals are set out in the Annex .
Predlagane spremembe besedila Za primer , ko bi zgornji nasveti vodili v spremembe predlagane direktive , so predlagane spremembe besedila navedene v prilogi .
Done at Frankfurt am Main , 5 March 2009 .
V Frankfurtu na Majni , 5 .
( 1 ) See , for instance , paragraph 7 of ECB Opinion CON / 99/19 of 20 January 2000 at the request of the Luxembourg Ministry of the Treasury and the Budget on a draft legislative proposal implementing Directive 98/26 / EC on settlement finality in payment and securities settlement systems in the law of 5 April 1993 , as amended , relating to the financial sector and complementing the law of 23 December 1998 creating a commission in charge of the prudential supervision of the financial sector and , more recently , paragraph 7.2 of ECB Opinion CON / 2006/23 of 22 May 2006 at the request of the Central Bank of Malta concerning a draft law amending the Central Bank of Malta Act .
( 1 ) ECB je v nedavnih mnenjih o predlogih nacionalnih predpisov držav članic zunaj euroobmočja opomnila tudi , da centralne banke Eurosistema izvajajo pregled nad plačilnimi sistemi v skladu s skupno politiko pregleda nad delovanjem , kot jo je opredelil Svet ECB in ki se bo uporabljala tudi za druge centralne banke po tem , ko bodo njihove države članice sprejele euro ( glej na primer odstavke od 13 do 16 Mnenja ECB CON / 2005/24 z dne 15 .
( 2 ) The ECB also noted in recent opinions on draft national laws of Member States outside the euro area that the Eurosystem central banks perform oversight of payment systems in line with the common oversight policy defined by the Governing Council , which will also apply to other central banks after adoption of the euro by the Member State in question ( see , for instance , paragraphs 13 to 16 of ECB Opinion CON / 2005/24 of 15 July 2005 at the request of the Ministry of Finance of the Czech Republic on a draft law on the integration of financial market supervisors and , more recently , paragraphs 3.9 and 3.10 of ECB Opinion CON / 2008/83 of 2 December 2008 at the request of the Hungarian Ministry of Finance on a draft law amending the Law on the Magyar Nemzeti Bank .
julija 2005 na zahtevo Ministrstva za finance Češke republike o predlogu zakona o združitvi nadzornikov finančnih trgov ter odstavkov 3.9 in 3.10 nedavnega Mnenja ECB CON / 2008/83 z dne 2 . decembra 2008 na zahtevo madžarskega Ministrstva za finance o predlogu zakona o spremembah Zakona o centralni banki Magyar Nemzeti Bank .
In addition , other Member States outside the euro area have amended their respective laws .
Poleg tega so tudi druge države članice zunaj euroobmočja spremenile svoje zakone .
At present , in the UK , the Bank of England undertakes oversight of payment systems on a non-statutory basis .
V Veliki Britaniji centralna banka Bank of England trenutno opravlja pregled nad plačilnimi sistemi brez zakonske podlage .
Part 5 of the Banking Bill currently before the British parliament ( available on the UK Parliament 's website at www.parliament.uk , p. 87 ) would formalise the Bank of England 's role in the oversight of payment systems .
Del 5 Bančnega zakona , ki je sedaj v postopku v britanskem parlamentu ( dostopno na spletni strani britanskega parlamenta na naslovu www.parliament.uk , str . 87 ) , bi formaliziral vlogo centralne banke Bank of England pri pregledu nad plačilnimi sistemi .
( 3 ) See paragraph 14 of ECB Opinion CON / 2001/25 of 13 September 2001 at the request of the Council of the European Union on a proposal for a Directive of the European Parliament and of the Council on the supplementary supervision of credit institutions , insurance undertakings and investment firms in a financial conglomerate and amending Council Directives 73/239 / EEC , 79/267 / EEC , 92/49 / EEC , 92/96 / EEC , 93/6 / EEC and 93/22 / EEC , and Directives 98/78 / EC and 2001/12 / EC of the European Parliament and of the Council ( OJ C 271 , 26.9.2001 , p. 10 ) .
( 2 ) Glej odstavek 14 Mnenja ECB CON / 2001/25 z dne 13 . septembra 2001 na zahtevo Sveta Evropske unije o predlogu direktive Evropskega parlamenta in Sveta o dopolnilnem nadzoru kreditnih institucij , zavarovalnic in investicijskih družb v finančnem konglomeratu , ki spreminja direktive Sveta 73/239 / EGS , 79/267 / EGS , 92/49 / EGS , 92/96 / EGS , 93/6 / EGS in 93/22 / EGS ter direktivi 98/78 / ES in 2000/12 / ES Evropskega parlamenta in Sveta ( UL C 271 , 26.9.2001 , str .
( 4 ) Including in recital 26 of Directive 2006/48 / EC .
( 3 ) Tudi v uvodni izjavi 26 Direktive 2006/48 / ES .
( 5 ) New Article 106 ( 2 )( c ) .
( 4 ) Novi člen 106 ( 2 )( c ) .
ANNEX Drafting proposals Text proposed by the Commission Amendments proposed by the ECB ( 1 )
PRILOGA PREDLAGANE SPREMEMBE BESEDILA Besedilo , ki ga predlaga Komisija Spremembe , ki jih predlaga ECB ( 1 )
Amendment 1 Recital 6 of the proposed directive ( 6 ) The mandates of competent authorities should take into account a Community dimension .
Sprememba 1 Uvodna izjava 6 predlagane direktive ( 6 ) Mandati pristojnih organov bi morali upoštevati razsežnost Skupnosti .
Competent authorities should therefore take into account the effect of their decisions on the stability of the financial system in all other Member States .
Pristojni organi bi zato morali upoštevati učinek svojih sklepov na stabilnost finančnega sistema v vseh drugih državah članicah .
( 6 ) The mandates of competent authorities should take into account a Community dimension .
( 6 ) Mandati pristojnih organov bi morali upoštevati razsežnost Skupnosti .
Competent authorities should therefore take into account the effect the potential impact of their decisions on the stability of the financial system in all other Member States .
Pristojni organi bi zato morali upoštevati možen učinek svojih sklepov na stabilnost finančnega sistema v vseh drugih državah članicah .
Justification --- See paragraph 17 of the opinion Amendment 2 Amendment to Directive 2006/48 / EC , Article 4 ( 23 ) Article 4 23 .
Utemeljitev -- Glej odstavek 17 tega mnenja Sprememba 2 Sprememba Direktive 2006/48 / ES , člen 4 ( 23 ) Člen 4 23 .
« central banks » include the European Central Bank unless otherwise indicated ;
„centralne banke » vključujejo Evropsko centralno banko , če ni navedeno drugače ;
( No amendment in the proposed directive ) Article 4 23 .
[ V predlagani direktivi ni spremembe ] Člen 4 23 .
« central banks » include the national central banks of the European System of Central Banks and the European Central Bank unless otherwise indicated ;
„centralne banke » vključujejo nacionalne centralne banke Evropskega sistema centralnih bank in Evropsko centralno banko , če ni navedeno drugače ;
Justification --- See paragraph 19 of the opinion Amendment 3 Amendment to Directive 2006/48 / EC , Article 41 Article 41 Host Member States shall , pending further coordination , retain responsibility in cooperation with the competent authorities of the home Member State for the supervision of the liquidity of the branches of the credit institution .
Utemeljitev -- Glej odstavek 19 tega mnenja Sprememba 3 Sprememba Direktive 2006/48 / ES , člen 41 Člen 41 Države članice gostiteljice do nadaljnjega usklajevanja ostanejo odgovorne za nadzor likvidnosti podružnic kreditnih institucij v sodelovanju s pristojnimi organi matične države članice .
Without prejudice to the measures necessary for the reinforcement of the European Monetary System , host Member States shall retain complete responsibility for the measures resulting from the implementation of their monetary policies .
Brez poseganja v ukrepe , potrebne za okrepitev Evropskega monetarnega sistema , države članice gostiteljice ostanejo v celoti odgovorne za ukrepe , ki so potrebni za izvajanje njihovih monetarnih politik .
( No amendment in the proposed directive ) Article 41 Host Member States shall , pending further coordination , retain responsibility in cooperation with the competent authorities of the home Member State for the supervision of the liquidity of the branches of the credit institution .
[ V predlagani direktivi ni spremembe ] Člen 41 Države članice gostiteljice do nadaljnjega usklajevanja ostanejo odgovorne za nadzor likvidnosti podružnic kreditnih institucij v sodelovanju s pristojnimi organi matične države članice .
Without prejudice to the measures necessary for the reinforcement of the European Monetary System The European System of Central Banks and , where applicable , host Member States shall retain complete responsibility for the measures resulting from the implementation of their monetary policies .
Brez poseganja v ukrepe , potrebne za okrepitev Evropskega monetarnega sistema Evropski sistem centralnih bank in , kjer je primerno , države članice gostiteljice ostanejo v celoti odgovorni za ukrepe , ki so potrebni za izvajanje njihovih monetarnih politik .
Justification --- See paragraphs 11 and 12 of the opinion Amendment 4 Article 1 ( 4 ) of the proposed directive Amendment to Directive 2006/48 / EC , Article 42a ( 2 ) Article 42a 2 .
Utemeljitev -- Glej odstavka 11 in 12 mnenja Sprememba 4 Člen 1 ( 4 ) predlagane direktive Sprememba Direktive 2006/48 / ES , člen 42a ( 2 ) Člen 42a 2 .
The competent authorities of the home Member State shall communicate to the competent authorities of a host Member State where a systemically relevant branch is established the information referred to in Article 132 ( 1 )( c ) and ( d ) and carry out the tasks referred to in Article 129 ( 1 )( c ) in cooperation with the competent authorities of the host Member State .
Pristojni organi matične države članice pristojnim organom države članice gostiteljice , kjer ima sistemsko pomembna podružnica sedež , sporočijo informacije iz člena 132 ( 1 )( c ) in ( d ) ter v sodelovanju s pristojnimi organi države članice gostiteljice izvedejo naloge iz člena 129 ( 1 )( c ) .
Article 42a 2 .
Člen 42a 2 .
If a competent authority of a home Member State becomes aware of an emergency situation within a credit institution as referred to in Article 130 ( 1 ) , it shall alert as soon as practicable the authorities referred to in the fourth paragraph of Article 49 and in Article 50 .
Če pristojni organ matične države članice izve za izredne razmere znotraj kreditne institucije iz člena 130 ( 1 ) , o tem takoj , ko je mogoče , obvesti organe iz četrtega stavka člena 49 in člena 50 .
If a competent authority of a home Member State becomes aware of an emergency situation within a credit institution as referred to in Article 130 ( 1 ) , it shall alert as soon as practicable the central banks of the European System of Central Banks and the authorities referred to in the fourth paragraph of Article 49 and in Article 50 .
Če pristojni organ matične države članice izve za izredne razmere znotraj kreditne institucije iz člena 130 ( 1 ) , o tem takoj , ko je mogoče , obvesti centralne banke Evropskega sistema centralnih bank in organe iz četrtega stavka člena 49 in člena 50 .
Justification --- See paragraph 19 of the opinion Amendment 5 Article 1 ( 6 ) of the proposed directive Amendment to Directive 2006/48 / EC , Article 49 Article 49 This Section shall not prevent a competent authority from transmitting information to the following for the purpose of their tasks : ( a ) central banks and other bodies with a similar function in their capacity as monetary authorities when this information is relevant for the exercise of their respective statutory tasks , including the conduct of monetary policy , the oversight of payments and securities settlement systems , and the safeguarding of financial stability ;
Utemeljitev -- Glej odstavek 19 tega mnenja Sprememba 5 Člen 1 ( 6 ) predlagane direktive Sprememba Direktive 2006/48 / ES , člen 49 Člen 49 Ta oddelek pristojnemu organu ne preprečuje , da bi posredoval informacije naslednjim subjektom za opravljanje njihovih nalog : ( a ) centralnim bankam in drugim organom s podobno funkcijo v vlogi monetarne oblasti , kadar so te informacije pomembne za opravljanje njihovih zakonsko predpisanih nalog , vključno z vodenjem monetarne politike , nadzorom plačil in sistemov poravnave vrednostnih papirjev , ter varovanjem finančne stabilnosti ;
and ( b ) where appropriate , to other public authorities responsible for overseeing payment systems .
in ( b ) po potrebi drugim javnim organom , odgovornim za nadzor plačilnih sistemov .
This Section shall not prevent such authorities or bodies from communicating to the competent authorities such information as they may need for the purposes of Article 45 .
Prav tako ta oddelek ne preprečuje takim organom ali subjektom , da posredujejo take informacije pristojnim organom , ki jih bodo morda potrebovali za namene iz člena 45 .
In an emergency situation as referred to in Article 130 ( 1 ) , Member States shall allow competent authorities to communicate information to central banks in the Community when this information is relevant for the exercise of their respective statutory tasks , including the conduct of monetary policy , the oversight of payments and securities settlement systems , and the safeguarding of financial stability .
] V izrednih razmerah iz člena 130 ( 1 ) države članice pristojnim organom omogočijo , da posredujejo informacije centralnim bankam v Skupnosti , kadar so te informacije pomembne za opravljanje njihovih zakonsko predpisanih nalog , vključno z vodenjem monetarne politike , nadzorom plačil in sistemov poravnave vrednostnih papirjev , ter varovanjem finančne stabilnosti .
Article 49 This Section shall not prevent a competent authority from transmitting information toto the following for the purpose of their tasks : ( a ) central banks and other bodies with a similar function in their capacity as monetary authorities when this information is relevant for the exercise of their respective statutory tasks , including the conduct of monetary policy , the oversight of payments , clearing and securities settlement systems , and the safeguarding of financial stability ;
Člen 49 Ta oddelek pristojnemu organu ne preprečuje , da bi posredoval informacije naslednjim subjektom za opravljanje njihovih nalog : ( a ) ( a ) centralnim bankam in drugim organom s podobno funkcijo v vlogi monetarne oblasti , kadar so te informacije pomembne za opravljanje njihovih zakonsko predpisanih nalog , vključno z vodenjem monetarne politike , nadzorom plačil , klirinških sistemov in sistemov poravnave vrednostnih papirjev , ter varovanjem finančne stabilnosti ;