natgillin/translations-raw huggingface dataset:
In addition , the interest rate should be one of the following : ( i ) zero coupon-style ;
Poleg tega mora biti obrestna mera ena od naslednjih : ( i ) kot pri brezkuponskih instrumentih ;
Furthermore , credit claims with an interest rate that is linked to the inflation rate are also eligible .
Poleg tega so primerna tudi bančna posojila z obrestno mero , vezano na stopnjo inflacije .
-* Type of debtor / guarantor : Eligible debtors or guarantors are non-financial corporations 19 , public sector entities and international or supranational institutions .
-* Vrsta dolžnika / garanta . Primerni dolžniki ali garanti so nefinančne družbe 19 , osebe javnega sektorja ter mednarodne in nadnacionalne institucije .
Each debtor is individually and severally liable for the full repayment of the credit claim in question ( co-debtors jointly liable for individual credit claims are excluded ) .
Vsak dolžnik je individualno in ločeno odgovoren za celotno odplačilo zadevnega bančnega posojila ( sodolžniki , ki so skupno odgovorni za posamezno bančno posojilo , so izključeni ) .
Place of establishment of the debtor / guarantor : The debtor / guarantor must be established in the euro area .
Kraj ustanovitve dolžnika / garanta .
This requirement does not apply to international or supranational institutions . Credit standards : The quality of credit claims is assessed through the underlying creditworthiness of the debtor / guarantor .
Dolžnik / garant mora biti ustanovljen v euroobmočju . Ta zahteva ne velja za mednarodne in nadnacionalne institucije .
Credit claims must meet the high credit standards specified in the ECAF rules for non-marketable assets , as set out in Section 6.3.3 .
Primerno finančno premoženje za zavarovanje 16 Izraženo v eurih ali v nacionalnih denominacijah eura .
Minimum size : At the time of submission for use as collateral ( mobilisation ) by the counterparty , the credit claim must meet a minimum size threshold . In an interim period ( 1 January 2007 to 31 December 2011 ) , each Eligible assets
17 Med 1 . januarjem 2007 in 31 .
16 Expressed as such or in the national denominations of the euro . 17 Between 1 January 2007 and 31 December 2011 , an intermediate regime will be in place for credit claims , allowing each national central bank to choose the minimum threshold for the size of credit claims eligible for collateral purposes ( apart from crossborder use ) and whether a handling fee should be applied .
decembrom 2011 za bančna posojila velja prehodna ureditev , ki vsaki nacionalni centralni banki omogoča , da določi najmanjši znesek bančnega posojila , primernega za zavarovanje terjatev ( razen čezmejne uporabe ) , in zaračunava provizije za opravljene posle . S 1 .
As from 1 January 2012 , a unified regime will be in place .
januarjem 2012 bo začela veljati enotna ureditev .
18 Credit claims are also referred to as bank loans . Schuldscheindarlehen and Dutch registered private claims on the government or other eligible debtors that are covered by a government guarantee ( e.g. housing associations ) are deemed to be equivalent to credit claims .
18 Schuldscheindarlehen in nizozemske vpisane zasebne terjatve do države ali drugih primernih dolžnikov , ki imajo državno jamstvo ( npr . stanovanjske zadruge ) , štejejo za enakovredne bančnim posojilom .
19 As defined in the ESA 95 .
19 Kot je opredeljeno v ESR 95 .
national central bank may apply a minimum size of its choice for domestic credit claims .
decembra 2011 ) lahko vsaka nacionalna centralna banka za domača bančna posojila sama določi najmanjši dovoljen znesek .
For cross-border use , a common minimum threshold of Euros 500,000 is applicable in the interim period .
Za čezmejno uporabo posojil v tem obdobju velja skupni najmanjši dovoljen znesek 500.000 EUR .
As from 1 January 2012 a common minimum threshold of Euros 500,000 will be applicable to all credit claims throughout the euro area .
S 1 . januarjem 2012 bo za vsa bančna posojila v celotnem euroobmočju veljal enotni najmanjši dovoljen znesek 500.000 EUR .
-* Handling procedures : The credit claim must be handled according to the Eurosystem procedures as defined in the respective national documentation .
Bančna posojila je treba upravljati v skladu s postopki Eurosistema , kakor so določeni v ustrezni nacionalni dokumentaciji . Predpisi , ki urejajo to področje .
Governing laws : The credit claim agreement and the agreement between the counterparty and the national central bank mobilising the credit claim as collateral (" mobilisation agreement ") must both be governed by the law of a Member State belonging to the euro area .
Posojilno pogodbo kakor tudi pogodbo med nasprotno stranko in nacionalno centralno banko o mobilizaciji bančnega posojila kot zavarovanje ( „pogodba o mobilizaciji ") , mora urejati zakonodaja države članice , ki je del euroobmočja .
Furthermore , the total number of different governing laws that are applicable to ( i ) the counterparty , ( ii ) the creditor , ( iii ) the debtor , ( iv ) the guarantor ( if relevant ) , ( v ) the credit claim agreement and ( vi ) the mobilisation agreement may not exceed two .
Poleg tega skupno število različnih zakonodaj , ki se uporabljajo za ( i ) nasprotno stranko , ( ii ) upnika ; ( iii ) dolžnika , ( iv ) garanta ( če je predvideno ) , ( v ) posojilno pogodbo in ( vi ) pogodbo o mobilizaciji , ne sme biti večje od dveh .
Currency of denomination : The credit claim must be denominated in euro .
Valuta denominacije . Bančna posojila morajo biti denominirana v eurih .
Credit standards : The RMBD must meet high credit standards , which are assessed through the part of the ECAF that addresses RMBDs , as set out in Section 6.3.3 . Type of issuer : Eligible issuers are credit institutions that are eligible counterparties .
Vrsta finančnega premoženja . Biti mora dolžniški instrument ( zadolžnica ali menica ) , ki je zavarovan s skladom stanovanjskih hipotek in ni v celoti listinjen .
Place of establishment of the issuer : The issuer must be located in the euro area . Handling procedures : The RMBD must be handled according to the Eurosystem procedures as defined in the respective national documentation .
Zagotovljena mora biti možnost zamenjave finančnega premoženja v zavarovalnem skladu , hkrati pa mora biti vzpostavljen mehanizem , ki Eurosistemu omogoča , da ima prednost pred drugimi upniki , razen tistimi , ki so izvzeti zaradi javnega interesa .
Currency of denomination : The RMBD must be denominated in euro . 22
21 Netržni hipotekarni dolžniški instrumenti morajo imeti ( a ) fiksen , brezpogojen znesek glavnice ter ( b ) obrestno mero , ki ne more povzročiti negativnega denarnega toka .
6.2.3 ADDITIONAL REQUIREMENTS FOR THE USE OF ELIGIBLE ASSETS ADDITIONAL LEGAL REQUIREMENTS FOR CREDIT CLAIMS In order to ensure that a valid security is created over credit claims and that the credit claim can be swiftly realised in the event of a counterparty default , additional legal requirements have to be met . These legal requirements relate to : -* the verification of the existence of credit claims ;
Bonitetni standard . Netržni hipotekarni dolžniški instrumenti morajo zadovoljiti visoke bonitetne standarde , ki so ocenjeni s pomočjo tistega dela bonitetnega okvira Eurosistema ( ECAF ) , ki velja za netržne hipotekarne dolžniške instrumente , kakor je opisano v poglavju 6.3.3 .
the notification of the debtor about the mobilisation of the credit claim or the registration of such mobilisation ;
Vrsta izdajatelja . Primerni izdajatelji so kreditne institucije , ki so primerne nasprotne stranke .
the absence of restrictions related to banking secrecy and confidentiality ;
Kraj ustanovitve izdajatelja .
the absence of restrictions on the mobilisation of the credit claim ;
Izdajatelj mora biti ustanovljen v euroobmočju .
the absence of restrictions on the realisation of the credit claim .
Postopki upravljanja .
NON-MARKETABLE RETAIL MORTGAGE-BACKED DEBT INSTRUMENTS The following eligibility criteria are applied to RMBDs ( see also Table 4 ) : -* Type of asset : It must be a debt instrument ( a promissory note or a bill of exchange ) that is secured by a pool of residential mortgages and that falls short of full securitisation .
Netržne hipotekarne dolžniške instrumente je treba upravljati v skladu s postopki Eurosistema , kakor so določeni v ustrezni nacionalni dokumentaciji . Valuta denominacije .
Substitution of assets in the underlying pool must be possible and a mechanism needs to be in place to ensure that the Eurosystem enjoys priority over creditors other than those exempted for public policy reasons .
Netržni hipotekarni dolžniški instrumenti morajo biti denominirani v eurih . 22
21 The RMBD must have ( a ) a fixed , unconditional principal amount and ( b ) an interest rate that cannot result in a negative cash flow . -*
-* NETRŽNI HIPOTEKARNI DOLŽNIŠKI INSTRUMENTI ( RMBD ) Za te instrumente veljajo naslednja merila primernosti ( glej tudi tabelo 4 ) .
20 See footnote 16 in this chapter .
20 Glej opombo 16 v tem poglavju .
21 Irish mortgage-backed promissory notes are currently the only instruments in this asset class .
21 V tem razredu finančnega premoženja so trenutno le irske hipotekarne zadolžnice .
22 See footnote 16 in this chapter .
22 Glej opombo 16 v tem poglavju .
CHAPTER 6 The content of these legal requirements is set out in Appendix 7 . Further details of the specific features of the national jurisdictions are provided in the respective national documentation .
POGLAVJE 6 6.2.3 DODATNE ZAHTEVE GLEDE UPORABE PRIMERNEGA FINANČNEGA PREMOŽENJA DODATNE PRAVNE ZAHTEVE ZA BANČNA POSOJILA Da bi zagotovili vzpostavitev veljavnega zavarovanja z bančnim posojilom ter hitro realizacijo bančnega posojila v primeru neplačila nasprotne stranke , je treba izpolniti dodatne pravne zahteve .
RULES FOR THE USE OF ELIGIBLE ASSETS Marketable assets can be used for all monetary policy operations which are based on underlying assets , i.e. reverse and outright open market transactions and the marginal lending facility .
Te zahteve se nanašajo na : -* -* preveritev obstoja bančnega posojila ; obvestilo dolžniku o mobilizaciji posojila oziroma o registraciji takšne mobilizacije ;
Non-marketable assets can be used as underlying assets for reverse open market transactions and the marginal lending facility .
odsotnost omejitev , povezanih z bančno tajnostjo in zaupnostjo ; odsotnost omejitev glede mobilizacije posojila ;
They are not used in Eurosystem outright transactions .
odsotnost omejitev glede realizacije bančnega posojila .
All marketable and non-marketable assets can also be used as underlying assets for intraday credit .
pravna oseba , s katero je nasprotna stranka v tesni povezavi .
Irrespective of the fact that a marketable or nonmarketable asset fulfils all eligibility criteria , a counterparty may not submit as collateral any asset issued or guaranteed by itself or by any other entity with which it has close links . 23 « Close links » means a situation in which the counterparty is linked to an issuer / debtor / guarantor of eligible assets by reason of the fact that : ( i ) the counterparty owns directly , or indirectly through one or more other undertakings , 20 % or more of the capital of the issuer / debtor / guarantor ;
23 „Tesne povezave » pomenijo stanje , ko je nasprotna stranka povezana z izdajateljem / dolžnikom / garantom primernega finančnega premoženja zaradi naslednjega dejstva : ( i ) nasprotna stranka ima neposredno ali posredno prek enega ali več drugih podjetij v lasti 20 % ali več kapitala izdajatelja / dolžnika / garanta ; ali Primerno finančno premoženje za zavarovanje
or bonds issued in accordance with the criteria set out in Article 22 ( 4 ) of the UCITS Directive ;
( ii ) izdajatelj / dolžnik / garant ima neposredno ali posredno prek enega ali več drugih podjetij v lasti 20 % ali več kapitala nasprotne stranke ;
or ( c ) cases in which debt instruments are protected by specific legal safeguards comparable to those instruments given under ( b ) such as in the case of non-marketable RMBDs which are not securities . Moreover , a counterparty may not submit as collateral any asset-backed security if the counterparty ( or any third party with which it has close links ) provides a currency hedge to the asset-backed security by entering into a currency hedge transaction with the issuer as a hedge counterparty or provides liquidity support for 20 % or more of the outstanding amount of the asset-backed security .
ali ( iii ) tretja oseba ima v lasti več kot 20 % kapitala nasprotne stranke in več kot 20 % kapitala izdajatelja / dolžnika / garanta , in sicer bodisi neposredno ali posredno prek enega ali več podjetij . Zgornja določba o tesnih povezavah ne velja za : ( a ) tesne povezave med nasprotno stranko in državnimi institucijami držav EGP ali v primeru , kjer jamstvo za dolžniški instrument zagotavlja oseba javnega prava , upravičena do odmerjanja davkov ;
Furthermore , in spite of their eligibility , national central banks may decide not to accept the following marketable or non-marketable assets as collateral : -* debt instruments falling due before the maturity date of the monetary policy operation for which they are being used as underlying assets ; 24 and debt instruments with an income flow ( e.g. a coupon payment ) occurring in the period up to the maturity date of the monetary policy operation for which they are being used as underlying assets .
( b ) krite bančne obveznice , ki so izdane v skladu z merili , določenimi v členu 22 ( 4 ) Direktive UCITS ; ali ( c ) primere , kjer dolžniške instrumente ščitijo posebna pravna varovala , primerljiva s tistimi pod točko ( b ) , kot je to v primeru netržnih hipotekarnih dolžniških instrumentih ( RMBD ) , ki niso vrednostni papirji .
-* ( ii ) the issuer / debtor / guarantor owns directly , or indirectly through one or more other undertakings , 20 % or more of the capital of the counterparty ;
Poleg tega nasprotna stranka kot zavarovanje ne sme predložiti nobenega kolateraliziranega vrednostnega papirja , pri katerem nasprotna stranka ( ali katera koli tretja oseba , s katero ima -*
or ( iii ) a third party owns more than 20 % of the capital of the counterparty and more than 20 % of the capital of the issuer / debtor / guarantor , either directly or indirectly , through one or more undertakings .
Dodatne podrobnosti o posebnih značilnostih nacionalnih jurisdikcij so predstavljene v ustrezni nacionalni dokumentaciji .
The above provision on close links does not apply to : ( a ) close links between the counterparty and the public authorities of EEA countries or in the case where a debt instrument is guaranteed by a public sector entity which has the right to levy taxes ;
PRAVILA GLEDE UPORABE PRIMERNEGA FINANČNEGA PREMOŽENJA Tržno finančno premoženje se lahko uporabi za vse operacije denarne politike , ki temeljijo na finančnem premoženju za zavarovanje terjatev , tj .
( b ) covered bank
povratne in dokončne transakcije odprtega trga in odprto ponudbo mejnega posojila .
All eligible marketable and non-marketable assets must be usable in a cross-border context throughout the euro area .
Netržno finančno premoženje se lahko uporabi kot finančno premoženje za zavarovanje terjatev pri povratnih transakcijah odprtega trga ter pri odprti ponudbi mejnega posojila .
This implies that all Eurosystem counterparties must be able to
Ne uporablja se pri dokončnih transakcijah Eurosistema .
23 In the event of a counterparty using assets that , owing to an identity with the issuer / debtor / guarantor or the existence of close links , it may not or no longer use to secure an outstanding credit , it is obliged to immediately notify the relevant national central bank thereof .
Ne glede na to , da tržno in netržno finančno premoženje izpolnjuje vsa merila primernosti , nasprotna stranka ne sme kot zavarovanje predložiti finančnega premoženja , ki ga je izdala in zanj jamči sama oziroma katera koli druga 23 Če nasprotna stranka uporablja finančno premoženje , ki ga zaradi tesne povezave z izdajateljem / dolžnikom / garantom ali zato , ker je to ista oseba , ne sme ali ne sme več uporabljati za zavarovanje neodplačanega posojila , je dolžna o tem nemudoma obvestiti ustrezno nacionalno centralno banko .
The assets are valued at zero on the next valuation date and a margin call may be triggered ( see also Appendix 6 ) . In addition , the counterparty has to remove the asset on the earliest possible date .
Finančno premoženje se na naslednji datum vrednotenja vrednoti po vrednosti nič in lahko se sproži poziv h kritju ( glej tudi Prilogo 6 ) .
24 If the national central banks were to allow the use of instruments with a maturity shorter than the monetary policy operations for which they serve as underlying assets , counterparties would be required to replace such assets at , or prior to , maturity .
Poleg tega mora nasprotna stranka to finančno premoženje čim prej umakniti .
to receive credit from the national central bank of the Member State in which the counterparty is established ( see Section 6.6 ) . Table 4 Eligible assets for Eurosystem monetary policy operations Eligibility criteria Type of asset Credit standards Marketable assets 1 ) ECB debt certificates .
Tabela 4 Primerno finančno premoženje za operacije denarne politike Eurosistema Merila primernosti Vrsta finančnega premoženja Bonitetni standard Tržno finančno premoženje1 ) Dolžniški certifikati ECB .
Other marketable debt instruments .
Drugi tržni dolžniški instrumenti .
The high credit standards are assessed using ECAF rules for marketable assets .
Visoki bonitetni standardi so ocenjeni s pomočjo pravil bonitetnega okvira Eurosistema za tržno finančno premoženje .
3 ) Non-marketable assets 2 ) Credit claims .
3 ) Netržno finančno premoženje2 ) Bančna posojila .
The debtor / guarantor must meet high credit standards .
Netržni hipotekarni dolžniški instrumenti ( RMBD ) .
The creditworthiness is assessed using ECAF rules for credit claims .
Finančno premoženje mora izpolnjevati visoke bonitetne standarde .
RMBDs . The asset must meet high credit standards .
Visoki bonitetni standardi so ocenjeni s pomočjo pravil bonitetnega okvira Eurosistema za RMBD . Se ne uporablja .
The high credit standards are assessed using ECAF rules for RMBDs . Not applicable .
Postopki Eurosistema . Dolžnik / garant mora izpolnjevati visoke bonitetne standarde .
Eurosystem procedures . Place of issue Settlement / handling procedures Type of issuer / debtor / guarantors Place of establishment of the issuer / debtor or guarantor Acceptable markets Currency Minimum size
Boniteta je ocenjena s pomočjo pravil bonitetnega okvira Eurosistema za bančna posojila . Kraj izdaje Poravnava / postopki upravljanja
EEA .
EGP .
3 ) Place of settlement : euro area .
3 ) Kraj poravnave : euroobmočje .
Instruments must be centrally deposited in book-entry form with central banks or an SSS fulfilling the ECB 's minimum standards .
Instrumenti morajo biti centralno registrirani v nematerializirani obliki pri nacionalni centralni banki ali SPVP , ki izpolnjuje minimalne standarde ECB .
Central banks .
Centralne banke .
Public sector .
Javni sektor .
Private sector .
Zasebni sektor .
International and supranational institutions .
Mednarodne in nadnacionalne institucije .
Issuer 3 ) : EEA or non-EEA G10 countries .
Izdajatelj : 3 ) EGP ali države skupine G-10 zunaj EGP .
Guarantor 3 ) : EEA .
Garant : 3 ) EGP .
Not applicable .
Organizirani trgi .
Eurosystem procedures .
Neorganizirani trgi , ki jih sprejema ECB .
Non-financial corporations .
Se ne uporablja . Se ne uporablja .
International and supranational institutions .
Postopki Eurosistema . Vrsta izdajatelja / dolžnika / garanta Kraj ustanovitve izdajatelja / dolžnika ali garanta Sprejemljivi trgi Valuta Najmanjši znesek
Euro area .
Javni sektor .
Credit institutions . Euro area .
Nefinančne družbe . Mednarodne in nadnacionalne institucije .
Regulated markets .
Euroobmočje .
Non-regulated markets accepted by the ECB .
Kreditne institucije .
Euro .
Euroobmočje .
Not applicable .
Euro .
Euro . Minimum size threshold at the time of submission of the credit claim .
Najmanjši dovoljeni znesek v času predložitve posojila . Med 1 .
Between 1 January 2007 and 31 December 2011 : -- for domestic use : choice of the NCB ;
januarjem 2007 in 31 . decembrom 2011 : -- domača uporaba : izbira NCB ;
-- for cross-border use : common threshold of Euros 500,000 .
-- čezmejna uporaba : enotni najmanjši dovoljeni znesek 500.000 EUR .
As from 1 January 2012 : common minimum threshold of Euros 500,000 throughout the euro area .
Od 1 . januarja 2012 : enotni najmanjši dovoljeni znesek 500.000 EUR v celotnem euroobmočju .
The total number of different laws applicable to ( i ) the counterparty , ( ii ) the creditor , ( iii ) the debtor , ( iv ) the guarantor ( if relevant ) , ( v ) the credit claim agreement and ( vi ) the mobilisation agreement shall not exceed two .
Skupno število različnih zakonodaj , ki se uporabljajo za ( i ) nasprotno stranko , ( ii ) upnika , ( iii ) dolžnika , ( iv ) garanta ( če je predvideno ) , ( v ) posojilno pogodbo , ( vi ) pogodbo o mobilizaciji , ne sme biti večje od dveh .
Governing laws
Veljavna zakonodaja
For asset-backed securities the acquisition of the underlying assets must be governed by the law of an EU Member State .
Pri kolateraliziranih vrednostnih papirjih mora pridobitev osnovnega finančnega premoženja urejati zakonodaja države članice EU .
1 ) Further details are set out in Section 6.2.1 .
1 ) Podrobnosti so opisane v poglavju 6.2.1 .
2 ) Further details are set out in Section 6.2.2 .
2 ) Podrobnosti so opisane v poglavju 6.2.2 .
3 ) The credit standard of non-rated marketable debt instruments issued or guaranteed by non-financial corporations is determined on the basis of the credit assessment source chosen by the respective counterparty in accordance with the ECAF rules applicable to credit claims , as set out in Section 6.3.3 .
3 ) Bonitetni standard tržnih dolžniških instrumentov brez bonitetne ocene , ki jih izdajo ali zanj jamčijo nefinančne družbe , je določen na podlagi bonitetnega vira , ki ga izbere posamezna nasprotna stranka v skladu s pravili bonitetnega okvira Eurosistema ( ECAF ) , ki velja za bančna posojila , kot je opisano v poglavju 6.3.3 .
In the case of these marketable debt instruments , the following eligibility criteria for marketable assets have been amended : place of establishment of the issuer / guarantor : euro area ;
V primeru teh tržnih dolžniških instrumentov sta bili spremenjeni naslednji merili primernosti za tržno finančno premoženje : kraj ustanovitve izdajatelja / garanta : euroobmočje ;
CHAPTER 6 6.3 EUROSYSTEM CREDIT ASSESSMENT FRAMEWORK collateral pool , transaction participants , capital structure ) , as well as performance data .
POGLAVJE 6 tesne povezave ) kolateraliziranemu vrednostnemu papirju zagotavlja valutno zaščito , s tem da je sklenila transakcijo valutne zaščite z izdajateljem , ali zagotavlja likvidnostno podporo za 20 % ali več zneska kolateraliziranega vrednostnega papirja . Poleg tega se lahko nacionalne centralne banke odločijo , da ne bodo sprejele naslednjih tržnih ali netržnih instrumentov kot finančno premoženje za zavarovanje terjatev , kljub temu da so primerni : -* dolžniških instrumentov , ki zapadejo pred datumom zapadlosti operacije denarne politike , za katero se uporabljajo kot finančno premoženje za zavarovanje terjatev ;
The Eurosystem 's benchmark for establishing its minimum requirement for high credit standards ( its « credit quality threshold ") is defined in terms of a « single A » credit assessment .
24 dolžniških instrumentov , katerih donosi ( npr . plačilo kupona ) zapadejo v obdobju do datuma zapadlosti operacije denarne politike , za katero se uporabljajo kot finančno premoženje za zavarovanje terjatev .