natgillin/translations-raw huggingface dataset:
Ukrep velja v okoliščinah ali pa zanj veljajo izjeme, ki jih opredeli pristojni organ.
The measure shall apply in circumstances or be subject to exceptions specified by the competent authority.
Po prejetju priglasitve od pristojnega organa, da bo fizičnim ali pravnim osebam prepove ali omeji kratko prodajo finančnega instrumenta na mestu trgovanja ali kako drugače omeji transakcije z njim na tem mestu trgovanja, organ ESMA pred začetkom naslednjega trgovalnega dne presodi, ali bi bilo ustrezno razširiti ukrep na vsa mesta trgovanja, kjer se trguje s tem finančnim instrumentom in ki jih zadeva ukrep v skladu s členom 24.
After receiving notification from a competent authority to prohibit or restrict natural or legal persons from engaging in short selling of the financial instrument on the trading venue or otherwise limit transactions in that financial instrument on that trading venue, ESMA shall consider before the beginning of the following trading day whether it is appropriate to extend the measure to all trading venues that trade the financial instrument concerned by the measure in accordance with Article 24.
V primeru delnice znaša padec vrednosti 10 % ali več, za ostale kategorije finančnih instrumentov pa znesek opredeli Komisija.
The fall in value shall be 10 % or more in the case of a share and for other classes of financial instruments an amount to be specified by the Commission.
Organ ESMA lahko po potrebi izda in pošlje Evropskemu parlamentu, Svetu in Komisiji mnenje o prilagoditvi pragov iz odstavka 4, pri čemer upošteva razvoj dogodkov na finančnih trgih.
If necessary, ESMA may issue and send to the European Parliament, the Council and the Commission an opinion on adjusting the thresholds referred to in paragraph 4, taking into account the developments in financial markets.
Komisija v roku treh mesecev po prejetju mnenja organa ESMA z delegiranimi akti v skladu s členom 36▐ določi možnosti za obdobje uporabe ukrepa in padec vrednosti za finančne instrumente▐, upoštevaje posebnosti posamezne kategorije finančnih instrumentov in razlike zaradi nestanovitnosti cen .
The Commission shall, within three months of receipt of the opinion of ESMA , adopt delegated acts in accordance with Article 36, specifying options related to the period of application of the measure and the fall in value for financial instruments ▐ , taking into account the specificities of each class of financial instrument and the differences of volatility .
Da se zagotovi dosledno usklajenost tega člena, organ ESMA oblikuje osnutek regulativnih tehničnih standardov, v katerih se opredeli metoda za izračun 10-odstotnega padca za delnice in padca vrednosti iz odstavka 4, ki ga določi Komisija.
In order to ensure consistent harmonisation of this A rticle, ESMA shall develop draft regulatory technical standards specifying the method of calculation of the 10 % fall for shares and of the fall in value specified by the Commission as referred to in paragraph 4.
Organ ESMA Komisiji predloži osnutke navedenih regulativnih tehničnih standardov do 31. decembra 2011.
ESMA shall submit drafts for those regulatory technical standards to the Commission by 31 December 2011.
Člen 20Obdobje omejitev
Article 20Period of restrictions
Ukrepi v skladu s členi 16 , 16a, 17 in 18 sprva veljajo tri mesece od datuma objave obvestila iz člena 21.
Any measure imposed under Articles 16, 16a, 17 and 18 shall be valid for an initial period not exceeding three months from the date of publication of the notice referred to in Article 21.
Če razlogi za sprejeti ukrep še vedno obstajajo, se lahko ukrep podaljša , vendar največ za tri mesece.
Any such measure may be renewed for further periods not exceeding three months at a time if the grounds for taking the measure continue to be applicable .
Če se ukrep po treh mesecih ne podaljša, samodejno preneha veljati.
If the measure is not renewed after that three-month period, it shall automatically expire .
Člen 21 Obvestilo o omejitvah
Article 21 Notice of restrictions
Pristojni organ na svoji spletni strani objavi obvestilo o sklepu o uvedbi ali podaljšanju ukrepov iz odstavkov 16 do 19.
A competent authority shall publish on its website notice of any decision to impose or renew any measure referred to in Articles 16 to 19.
V obvestilu se navedejo vsaj podrobnosti o:
The notice shall specify at least details of:
(a) uvedenih ukrepih, vključno z instrumenti in kategorijo transakcij, za katere veljajo, in o trajanju ukrepov;
(a) the measures imposed including the instruments and class of transactions to which they apply and their duration;
(b) razlogih, zakaj pristojni organ meni, da je treba uvesti ukrepe, vključno z dokazi, ki podpirajo te razloge.
(b) the reasons why the competent authority believes it is necessary to impose the measures including the evidence supporting those reasons.
Ukrep v skladu s členi 16 do 19 začne veljati, ko je obvestilo objavljeno ali po objavi na datum, določen v obvestilu, in velja samo za transakcije, sklenjene po začetku veljavnosti ukrepa.
A measure under Articles 16 to 19 shall take effect when the notice is published or at a time specified in the notice that is after its publication and shall only apply in relation to a transaction entered into after the measure takes effect.
Člen 22 Priglasitev organu ESMA in drugim pristojnim organom
Article 22 Notification to ESMA and other competent authorities
Pred uvedbo ali podaljšanjem ukrepa iz členov 16, 16a, 17 ali 18 in pred uvedbo omejitve iz člena 19 pristojni organ priglasi predlagani ukrep organu ESMA in drugim pristojnim organom.
Before imposing or renewing any measure under Articles 16, 16a, 17 or 18 and before imposing any restriction under Article 19, a competent authority shall notify ESMA and the other competent authorities of the measure it proposes.
Priglasitev zajema podrobnosti o predlaganih ukrepih, kategorijo finančnih instrumentov in transakcij, za katere se bodo uporabljali, dokaze, ki podpirajo razloge za uvedbo ukrepov, in čas, kdaj naj bi začeli veljati.
The notification shall include details of the proposed measures, the class of financial instruments and transactions to which they will apply, the evidence supporting those reasons and when the measures are intended to take effect.
Priglasitev predlagane uvedbe ali podaljšanja ukrepa v skladu s členi 16, 16a, 17 in 18 se izvede najmanj 24 ur, preden naj bi ukrep začel veljati ali bi bil podaljšan.
Notification of a proposal to impose or renew a measure under Articles 16, 16a, 17 and 18 shall be made not less than 24 hours before the measure is intended to take effect or to be renewed.
Kadar ni mogoče upoštevati 24-urnega roka, lahko pristojni organ priglasitev izjemoma izvede manj kot 24 ur pred začetkom veljavnosti ukrepa.
In exceptional circumstances, a competent authority may make the notification less than 24 hours before the measure is intended to take effect where it is not possible to give 24 hours notice.
Priglasitev v skladu s členom 19 se izvede, preden naj bi ukrep začel veljati.
A notification under Article 19 shall be made before the measure is intended to take effect.
Pristojni organ države članice, ki prejme priglasitev po tem členu, lahko sprejme ukrepe v skladu s členi 16 do 19 v tej državi članici, kadar je ugotovljeno, da je ukrep potreben ukrep za podporo drugemu pristojnemu organu.
A competent authority of a Member State that receives notification under this Article may take measures in accordance with Articles 16 to 19 in that Member State where it is satisfied that the measure is necessary to assist the other competent authority.
Kadar namerava pristojni organ sprejeti ukrepe, prav tako pošlje obvestilo v skladu z odstavki 1 do 3.
The competent authority shall also give notice in accordance with paragraphs 1, 2 and 3 where it proposes to take measures.
Oddelek 2Pooblastila organa ESMA
Section 2Powers of ESMA
Člen 23 Usklajevanje s strani organa ESMA
Article 23 Coordination by ESMA
Organ ESMA ima vlogo spodbujevalca in usklajevalca v zvezi z ukrepi, ki jih pristojni organi sprejmejo v skladu z oddelkom 1.
ESMA shall perform a facilitation and coordination role in relation to measures taken by competent authorities under Section 1.
Zlasti zagotovi, da pristojni organi pri ukrepih iz oddelka 1 uporabljajo dosleden pristop, kar zlasti velja, kadar je treba uporabiti pooblastila za posredovanje iz oddelka 1, za naravo uvedenih ukrepov, njihov začetek veljavnosti in trajanje.
In particular ESMA shall ensure that a consistent approach is taken by competent authorities regarding measures under Section 1 especially regarding when it is necessary to use powers of intervention under Section 1, the nature of measures imposed and the commencement and duration of any measures.
Po prejemu priglasitve ukrepa v skladu s členom 22, ki ga je treba uvesti ali podaljšati v skladu s členom 16, 16a, 17 ali 18, organ ESMA v 24 urah izda odločitev o tem, ali je ukrep ali predlagani ukrep za obravnavo izjemnih razmer potreben.
After receiving notification under Article 22 of any measure that is to be imposed or renewed under Article 16, 16a, 17 or 18, ESMA shall within 24 hours issue a decision on whether the measure or proposed measure is necessary to address the exceptional situation.
V odločitvi navede, ali so se po njegovem mnenju pojavili neugodni dogodki ali neugoden razvoj dogodkov, ki resno ogroža finančno stabilnost ali tržno zaupanje v eni ali več držav članic, ali je ukrep ali predlagani ukrep primeren in sorazmeren za obravnavanje nevarnosti in ali je predlagano trajanje ukrepov upravičeno.
The decision shall state whether ESMA considers that adverse events or developments have arisen which constitute a serious threat to financial stability or to market confidence in one or more Member States, whether the measure or proposed measure is appropriate and proportionate to address the threat and whether the proposed duration of the measures is justified.
Če meni, da je za obravnavo grožnje potreben ukrep drugega pristojnega organa, to v svoji odločitvi tudi navede in zahteva od zadevnega pristojnega organa, da ga v 24 urah uvede .
If ESMA considers that measures by other competent authorities are necessary to address the threat, it shall also state it in the decision and request those competent authorities to introduce such measures within 24 hours .
Odločitev objavi na svoji spletni strani.
The decision shall be published on ESMA's website.
Če organ ESMA meni, da bi bilo treba sprejeti ukrep na ravni Unije, je njegova odločitev za pristojne organe zavezujoča, ukrep pa se uvede v 24 urah.
If ESMA considers that a measure should be introduced at Union level its decision shall be binding on competent authorities and shall be introduced within 24 hours .
Organ ESMA redno pregleduje ukrepe po tem členu, v vsakem primeru pa vsaj na tri mesece.
ESMA shall regularly review measures under this Article and in any event at least every three months.
Če se ukrep po treh mesecih ne podaljša, samodejno preneha veljati.
If a measure is not renewed after that three - month period, it shall automatically expire.
Člen 24 Pooblastila za posredovanje organa ESMA
Article 24 ESMA intervention powers
V skladu s členom 9(5) Uredbe (EU) št. 1095/2010 organ ESMA sprejme, kadar so izpolnjeni vsi pogoji iz člena 2, enega ali več naslednjih ukrepov:
In accordance with Article 9(5) of Regulation (EU) No 1095/2010, ESMA shall, where both conditions in paragraph 2 are satisfied, take one or more of the following measures:
(a) od fizičnih ali pravnih oseb, ki imajo neto kratke pozicije v določenem finančnem instrumentu ali kategoriji finančnih instrumentov, zahteva priglasitev podrobnosti takih pozicij pristojnemu organu ali njihovo razkritje javnosti;
(a) require natural or legal persons who have net short positions in relation to a specific financial instrument or class of financial instruments to notify a competent authority or to disclose to the public details of any such position;
(b) fizičnim ali pravnim osebam prepove ali omeji prodajo na kratko ali sklenitev transakcije, ki ustvari finančni instrument ali je povezana z njim, pri čemer je učinek ali eden od učinkov transakcije ta, da fizična ali pravna oseba v primeru padca cene ali vrednosti drugega finančnega instrumenta doseže finančno korist;
(b) prohibit or impose conditions relating to natural or legal persons entering into a short sale or a transaction which creates, or relates to, a financial instrument and the effect or one of the effects of the transaction is to confer a financial advantage on the natural or legal person in the event of a decrease in the price or value of another financial instrument;
(c) fizičnim ali pravnim osebam omeji sklepanje transakcij zamenjav kreditnega tveganja v zvezi s finančno obveznostjo države članice ali Unije ali omeji vrednost nekritih pozicij v zamenjavah kreditnega tveganja, ki jih lahko fizična ali pravna oseba prevzame v zvezi s finančno obveznostjo države članice ali Unije;
(c) limit natural or legal persons from entering into credit default swap transactions relating to an obligation of a Member State or the Union or limit the value of uncovered credit default swap positions that a natural or legal person may enter into relating to an obligation of a Member State or the Union;
(d) fizičnim ali pravnim osebam prepreči sklepanje transakcij, ki so povezane s finančnimi instrumenti , ki sodijo v področje uporabe te uredbe , ali omeji vrednost transakcij, ki se lahko sklenejo s temi finančnimi instrumenti.
(d) prevent natural or legal persons from entering into transactions relating to financial instruments falling within the scope of this R egulation or limit the value of transactions in those financial instrument that may be entered into.
Zadevni pristojni organ lahko opredeli, v katerih okoliščinah ukrep velja in ali zanj veljajo izjeme.
A measure may apply in circumstances or be subject to exceptions specified by the relevant competent authority.
Organ ESMA sprejme sklep iz odstavka 1 samo, če sta izpolnjena oba naslednja pogoja:
ESMA shall take a decision under paragraph 1 only if both of the following conditions are fulfilled:
(a) ukrepi iz točk (a) do (d) odstavka 1 obravnavajo grožnjo pravilnemu delovanju in integriteti finančnih trgov ali stabilnosti celotnega finančnega sistema v Uniji ali njegovega dela, obstajajo pa tudi čezmejni učinki;
(a) the measures listed in points (a) to (d) of the first subparagraph of paragraph 1 address a threat to the orderly functioning and integrity of financial markets or the stability of the whole or part of the financial system in the Union and there are cross border implications;
(b) pristojni organ ali pristojni organi niso sprejeli ukrepov za odpravo grožnje ali pa sprejeti ukrepi grožnje ne rešujejo zadostno.
(b) a competent authority has not taken measures to address the threat or the measures that have been taken do not sufficiently address the threat.
Pri sprejetju ukrepov iz odstavka 1 organ ESMA upošteva, v kolikšni meri:
When taking measures referred to in paragraph 1 ESMA shall take into account the extent to which the measure:
(a) bo ukrep pomembno zmanjšal grožnjo pravilnemu delovanju in integriteti finančnih trgov ter stabilnosti celotnega finančnega sistema v Uniji ali njegovega dela ali znatno povečal zmožnost pristojnih organov za spremljanje grožnje;
(a) will significantly address the threat to the orderly functioning and integrity of financial markets or the stability of the whole or part of the financial system in the Union or significantly improve the ability of competent authorities to monitor the threat;
(b) ukrep ne bo povzročil tveganja regulatorne arbitraže;
(b) will not create a risk of regulatory arbitrage;
(c) se učinkovitost finančnih trgov zaradi negativnih učinkov ukrepa, vključno z zmanjšanjem likvidnosti teh trgov ali ustvarjanjem negotovosti za udeležence na trgih, ne bo nesorazmerno zmanjšala v primerjavi s koristmi ukrepa.
(c) will not have a detrimental effect on the efficiency of financial markets, including reducing liquidity in those markets or creating uncertainty for market participants, that is disproportionate to the benefits of the measure.
Če pristojni organ ali pristojni organi sprejmejo ukrep iz člena 16, 16a, 17 ali 18, lahko organ ESMA sprejme ukrep iz odstavka 1, ne da bi izdal odločitev iz člena 23.
Where a competent authority or competent authorities have taken a measure under Article 16 , 16a, 17 or 18, ESMA may take any of the measures referred to in paragraph 1 without issuing the decision provided for in Article 23.
Preden uvede ali podaljša ukrep iz odstavka 1, se po potrebi posvetuje z Evropskim odborom za sistemska tveganja in drugimi zadevnimi organi.
Before deciding to impose or renew any measure referred to in paragraph 1, ESMA shall, where appropriate, consult the ESRB and other relevant authorities.
Preden uvede ali podaljša ukrep iz odstavka 1, organ ESMA zadevnim organom priglasi predlagani ukrep.
Before deciding to impose or renew any measure referred to in paragraph 1, ESMA shall notify competent authorities of the measure it proposes.
Priglasitev zajema podrobnosti o predlaganih ukrepih, kategorijo finančnih instrumentov in transakcij, za katere se bodo uporabljali, dokaze, ki podpirajo razloge za uvedbo ukrepov, in čas, kdaj naj bi začeli veljati.
The notification shall include details of the proposed measures, the class of financial instruments and transactions to which they will apply, the evidence supporting those reasons and when the measures are to take effect.
Priglasitev je treba izvesti najmanj 24 ur, preden naj bi ukrep začel veljati ali bi bil podaljšan.
The notification shall be made not less than 24 hours before the measure is to take effect or to be renewed.
Kadar ni mogoče upoštevati 24-urnega roka, lahko organ ESMA priglasitev izjemoma izvede manj kot 24 ur pred začetkom veljavnosti ukrepa.
In exceptional circumstances, ESMA may make the notification less than 24 hours before the measure is intended to take effect where it is not possible to give 24 hours notice.
Organ ESMA obvestilo o sklepu o uvedbi ali podaljšanju ukrepov iz odstavka 1 objavi na svoji spletni strani.
ESMA shall publish on its website notice of any decision to impose or renew any measure referred to in paragraph 1.
V njem navede vsaj:
The notice shall at least specify the following:
(a) uvedene ukrepe, vključno z instrumenti in kategorijo transakcij, za katere veljajo, in trajanje ukrepov;
(a) the measures imposed including the instruments and class of transactions to which they apply and the duration of the measures;
(b) razloge, zakaj meni, da je treba ukrepe uvesti, vključno z dokazi, ki podpirajo te razloge.
(b) the reasons why ESMA is of the opinion that it is necessary to impose the measures including the evidence supporting the reasons.
Ukrep začne veljati, ko je obvestilo objavljeno ali po objavi na datum, določen v obvestilu, in velja samo za transakcije, sklenjene po začetku veljavnosti ukrepa.
A measure shall take effect when the notice is published or at a time specified in the notice that is after its publication and shall only apply in relation to a transaction entered into after the measure takes effect.
Organ ESMA svoje ukrepe iz odstavka 1 pregleduje v ustreznih intervalih in vsaj vsake tri mesece.
ESMA shall review its measures referred to in paragraph 1 at appropriate intervals and at least every three months.
Če se ukrep po treh mesecih ne podaljša, samodejno preneha veljati.
If a measure is not renewed after that three-month period, it shall automatically expire.
Za podaljšanje ukrepov se uporabljajo odstavki 2 do 8.
Paragraphs 2 to 8 shall apply to a renewal of measures.
Ukrep, ki ga v skladu s tem členom sprejme organ ESMA, ima prednost pred morebitnimi prejšnjimi ukrepi, ki jih je sprejel pristojni organ v skladu z oddelkom 1.
A measure adopted by ESMA under this Article shall prevail over any previous measure taken by a competent authority under Section 1.
Člen 25Dodatna opredelitev neugodnih dogodkov ali neugodnega razvoja
Article 25Further specification of adverse events or developments
Merila in dejavnike, ki jih morajo pristojni organi in organ ESMA upoštevati pri odločanju, ali obstajajo neugodni dogodki ali neugoden razvoj iz členov 16, 16a, 17, 18 in 23 ter grožnje iz člena 24(2)(a), opredeli Komisija z delegiranimi akti v skladu s členom 36 ter ob upoštevanju pogojev iz členov 37 in 38.
The Commission shall be empowered to adopt delegated acts in accordance with Article 36, specifying criteria and factors to be taken into account by competent authorities and ESMA in determining when the adverse events or developments referred to in Articles 16, 16a, 17, 18 and 23 and the threats referred to in Article 24(2)(a) arise.
POGLAVJE VIVLOGA PRISTOJNIH ORGANOV
CHAPTER VIROLE OF COMPETENT AUTHORITIES
Člen 26Pristojni organi
Article 26Competent authorities
Vsaka država članica določi pristojni organ za namen te uredbe.
Each Member State shall designate a competent authority for the purpose of this Regulation.
Ta organ je javni organ.
Those competent authorities shall be public authorities.
Države članice o tem obvestijo Komisijo, organ ESMA in pristojne organe drugih držav članic.
Member States shall inform the Commission, ESMA and the competent authorities of the other Member States of such designations.
Člen 27 Pooblastila pristojnih organov
Article 27 Powers of competent authorities
Pristojni organi imajo vsa nadzorna in preiskovalna pooblastila, potrebna za opravljanje nalog v skladu s to uredbo.
In order to fulfil their duties under this Regulation, competent authorities shall have all the supervisory and investigatory powers that are necessary for the exercise of their functions.
Svoja pooblastila izvajajo na naslednje načine:
They shall exercise their powers in any of the following ways:
(c) z vložitvijo zahtevka pri pristojnih sodnih organih.
(c) by application to the competent judicial authorities.
Za opravljanje svojih nalog imajo pristojni organi držav članic v skladu z nacionalno zakonodajo naslednja pooblastila:
In order to fulfil their duties competent authorities of Member States shall have, in conformity with national law, the following powers:
(a) imajo dostop do vseh dokumentov v kakršni koli obliki in prejmejo ali si priskrbijo njihov izvod;
(a) to gain access to any document in any form and to receive or take a copy thereof;
(b) zahtevajo informacije od katere koli fizične ali pravne osebe ter fizično ali pravno osebo po potrebi povabijo in zaslišijo, da pridobijo informacije;
(b) to require information from any natural or legal person and if necessary to summon and question a natural or legal person with a view to obtaining information;
(c) opravljajo inšpekcijske preglede na kraju samem s predhodno najavo ali brez nje;
(c) to carry out on-site inspections with or without announcement;
(d) zahtevajo obstoječe evidence o telefonskem in podatkovnem prometu;
(d) to require existing telephone and existing data traffic records;
(e) zahtevajo prenehanje vsakega ravnanja, ki je v nasprotju z določbami te uredbe;
(e) to require the cessation of any practice that is contrary to the provisions in this Regulation;
(f) zahtevajo zamrznitev in/ali zaseg sredstev.
(f) to require the freezing and/or the sequestration of assets.
Pristojni organi držav članic imajo ne glede na odstavka 2(a) in (b) pooblastilo, da v posameznih primerih od fizične ali pravne osebe, ki sklene transakcijo zamenjave kreditnega tveganja, zahtevajo:
The competent authorities of Member States shall, without prejudice to points (a) and (b) of paragraph 2, have the power in individual cases to require a natural or legal person entering into a credit default swap transaction to provide the following:
(a) obrazložitev namena transakcije in ali je namenjena varovanju pred tveganjem ali čemu drugemu;
(a) an explanation about the purpose of the transaction and whether it is for the purposes of hedging against a risk or otherwise;
(b) informacije, ki potrjujejo osnovno tveganje, kadar je namen transakcije varovanje pred tveganjem.
(b) information verifying the underlying risk where the transaction is for hedging purposes.
Člen 28Preiskave organa ESMA
Article 28Inquiries by ESMA