natgillin/translations-raw huggingface dataset:
– ob upoštevanju druge direktive Sveta z dne 13. decembra 1976 o uskladitvi zaščitnih ukrepov za varovanje interesov družbenikov in tretjih oseb, ki jih države članice zahtevajo od gospodarskih družb v skladu z drugim odstavkom člena 58 Pogodbe glede ustanavljanja delniških družb ter ohranjanja in spreminjanja njihovega kapitala, zato da se oblikujejo zaščitni ukrepi z enakim učinkom
– having regard to the Second Council Directive 77/91/EEC of 31 January 1977 on coordination of safeguards which, for the protection of the interests of members and others, are required by Member States of companies within the meaning of the second paragraph of Article 58 of the Treaty, in respect of the formation of public limited liability companies and the maintenance and alteration of their capital, with a view to making such safeguards equivalent
– ob upoštevanju četrte direktive Sveta 78/660/EGS z dne 25. julija 1978 o letnih računovodskih izkazih posameznih vrst družb
– having regard to the Fourth Council Directive 78/660/EEC of 25 July 1978 on the annual accounts of certain types of companies
– ob upoštevanju sedme direktive Sveta 83/349/EGS z dne 13. junija 1983 o konsolidiranih računovodskih izkazih
– having regard to the Seventh Council Directive 83/349/EEC of 13 June 1983 on consolidated accounts
– ob upoštevanju direktive Sveta 86/635/EGS z dne 8. decembra 1986 o letnih računovodskih izkazih in konsolidiranih računovodskih izkazih bank in drugih finančnih institucij
– having regard to Council Directive 86/635/EEC of 8 December 1986 on the annual accounts and consolidated accounts of banks and other financial institutions
– ob upoštevanju direktive Sveta 2001/23/ES z dne 12. marca 2001 o približevanju zakonodaje držav članic v zvezi z ohranjevanjem pravic delavcev v primeru prenosa podjetij, obratov ali delov podjetij ali obratov
– having regard to Council Directive 2001/23/EC of 12 March 2001 on the approximation of the laws of the Member States relating to the safeguarding of employees' rights in the event of transfers of undertakings, businesses or parts of undertakings or businesses
– ob upoštevanju direktive 2001/65/ES Evropskega parlamenta in Sveta z dne 27. septembra 2001 glede pravil vrednotenja za letne in konsolidirane računovodske izkaze nekaterih oblik družb kakor tudi bank in drugih finančnih institucij
– having regard to Directive 2001/65/EC of the European Parliament and of the Council of 27 September 2001 as regards the valuation rules for the annual and consolidated accounts of certain types of companies as well as of banks and other financial institutions
– ob upoštevanju direktive 2001/107/ES Evropskega parlamenta in Sveta z dne 21. januarja 2002 o usklajevanju zakonov in drugih predpisov o kolektivnih naložbenih podjemih za vlaganja v prenosljive vrednostne papirje (KNPVP), z namenom zakonsko urediti družbe za upravljanje in izvlečke prospektov
– having regard to Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) with a view to regulating management companies and simplified prospectuses
– ob upoštevanju direktive 2001/108/ES Evropskega parlamenta in Sveta z dne 21. januarja 2002 o spremembi direktive Sveta 85/611/EGS o usklajevanju zakonov in drugih upravnih predpisov o kolektivnih naložbenih podjemih za vlaganja v prenosljive vrednostne papirje (KNPVP)
– having regard to Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 amending Council Directive 85/611/EEC on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS), with regard to investments of UCITS
– ob upoštevanju direktive 2003/6/ES Evropskega parlamenta in Sveta z dne 28. januarja 2003 o trgovanju z notranjimi informacijami in tržni manipulaciji (zloraba trga)
– having regard to Directive 2003/6/EC of the European Parliament and of the Council of 28 January 2003 on insider dealing and market manipulation (market abuse)
– ob upoštevanju Direktive 2003/41/ES Evropskega parlamenta in Sveta z dne 3. junija 2003 o dejavnostih in nadzoru institucij za poklicno pokojninsko zavarovanje
– having regard to Directive 2003/41/EC of the European Parliament and of the Council of 3 June 2003 on the activities and supervision of institutions for occupational retirement provision
– ob upoštevanju direktive 2003/51/ES Evropskega parlamenta in Sveta z dne 18. junija 2003 o letnih in konsolidiranih računovodskih izrazih posameznih vrst družb, bank in drugih finančnih institucij ter zavarovalnic
– having regard to Directive 2003/51/EC of the European Parliament and of the Council of 18 June 2003 on the annual and consolidated accounts of certain types of companies, banks and other financial institutions and insurance undertakings
– ob upoštevanju direktive Evropskega parlamenta in Sveta 2004/25/ES z dne 21. aprila 2004 o ponudbah za prevzem
– having regard to Directive 2004/25/EC of the European Parliament and of the Council of 21 April 2004 on takeover bids
– ob upoštevanju direktive Evropskega parlamenta in Sveta 2005/60/ES z dne 26. oktobra 2005 o preprečevanju uporabe finančnega sistema za pranje denarja in financiranje terorizma
– having regard to Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing
– ob upoštevanju direktive 2006/48/ES Evropskega parlamenta in Sveta z dne 14. junija 2006 o začetku opravljanja in opravljanju dejavnosti kreditnih institucij (preoblikovano)
– having regard to Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions (recast)
1. (direktiva o kapitalskih zahtevah),
1. (the Capital Requirements Directive),
– ob upoštevanju direktive 2006/49/ES Evropskega parlamenta in Sveta z dne 14. junija 2006 o kapitalski ustreznosti investicijskih podjetij in kreditnih institucij (preoblikovano)
– having regard to Directive 2006/49/EC of the European Parliament and of the Council of 14 June 2006 on the capital adequacy of investment firms and credit institutions (recast)
201. (direktiva o kapitalski ustreznosti),
201. (the Capital Adequacy Directive),
– ob upoštevanju direktive 2007/36/ES Evropskega parlamenta in Sveta z dne 11. julija 2007 o uveljavljanju določenih pravic delničarjev družb, ki kotirajo na borzi
– having regard to Directive 2007/36/EC of the European Parliament and of the Council of 11 July 2007 on the exercise of certain rights of shareholders in listed companies
– ob upoštevanju predloga Komisije za direktivo Evropskega parlamenta in Sveta o življenjskem zavarovanju o začetku opravljanja in opravljanju dejavnosti zavarovanja in pozavarovanja (Solventnost II) ( KOM(2008)0119 ) (predlog v zvezi s Solventnostjo II),
– having regard to the Commission proposal for a directive of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) ( COM(2008)0119 ) (Solvency II Proposal),
– ob upoštevanju sporočila Komisije o odpravi ovir za čezmejne naložbe skladov tveganega kapitala ( KOM(2007)0853 ),
– having regard to the Commission communication on Removing obstacles to cross-border investments by venture capital funds (COM (2007)0853),
– ob upoštevanju svoje resolucije z dne 15. januarja 2004 o prihodnosti hedge skladov in izvedenih finančnih instrumentov
– having regard to its resolution of 15 January 2004 on the future of hedge funds and derivatives
– ob upoštevanju svojih resolucij z dne 27. aprila 2006
– having regard to its resolutions of 27 April 2006
257. o upravljanju premoženja in z dne 13. decembra 2007 o upravljanju premoženja II
257. on asset management and of 13 December 2007 on Asset Management II
Sprejeta besedila, P6_TA(2007)0627 . ,
Texts adopted, P6_TA(2007)0627 . ,
– ob upoštevanju svoje resolucije z dne 11. julija 2007 o politiki finančnih storitev (2005–2010) – bela knjiga
– having regard to its resolution of 11 July 2007 on financial services policy (2005-2010) - White Paper
Sprejeta besedila, P6_TA(2007)0338 . ( 2006/2270(INI) ), zlasti odstavka 19,
Texts adopted, P6_TA(2007)0338 . ( 2006/2270(INI) ), in particular paragraph 19 thereof,
Sprejeta besedila, P6_TA(2008)0058 . ,
Texts adopted, P6_TA(2008)0058 . ,
– ob upoštevanju dokumenta Mednarodnega združenja nadzornikov trga vrednostnih papirjev z naslovom „Cilji in načela ureditve vrednostnih papirjev“ iz maja 2003, ki med drugim zajema načela za trženje kolektivnih naložbenih shem, vključno s hedge skladi,
– having regard to the International Organisation of Securities Commissions' (IOSCO) Objectives and Principles of Securities Regulation of May 2003, which include principles for, inter alia, the marketing of collective investment schemes including hedge funds,
– ob upoštevanju študije oddelka za politiko Evropskega parlamenta za gospodarsko in znanstveno politiko o hedge skladih: preglednost in navzkrižje interesov, ki je bila objavljena decembra 2007,
– having regard to the study by the European Parliament Policy Department for Economic and Scientific Policy on Hedge Funds on Transparency and Conflict of Interest, of December 2007,
– ob upoštevanju standardov najboljših praks, ki jih je delovna skupina o hedge skladih objavila 22. januarja 2008, in poznejše ustanovitve upravnega odbora za standarde o hedge skladih, ki naj bi bil varuh teh standardov,
– having regard to the Hedge Fund Working Group's best practice standards of 22 January 2008, and the subsequent setting up of a Hedge Fund Standards Board to act as custodian of those standards,
– ob upoštevanju poročila Odbora za ekonomske in monetarne zadeve ter mnenj Odbora za pravne zadeve in Odbora za zaposlovanje in socialne zadeve ( A6–0338/2008 ),
– having regard to the report of the Committee on Economic and Monetary Affairs and the opinions of the Committee on Legal Affairs and the Committee on Employment and Social Affairs ( A6-0338/2008 ),
A. ker trenutno obstajata nacionalna ureditev in ureditev EU o finančnih trgih, ki se neposredno ali posredno, vendar ne izrecno, uporabljata za hedge sklade in sklade zasebnega kapitala;
A. whereas there is at present national and EU regulation concerning financial markets that directly or indirectly, though not exclusively, apply to hedge funds and private equity,
B. ker morajo države članice in Komisija zagotoviti usklajeno izvajanje in uporabo te zakonodaje; ker morajo biti vse nadaljnje spremembe veljavne zakonodaje predmet primerne analize stroškov in koristi ter ne smejo biti diskriminatorne;
B. whereas the Member States and the Commission should ensure the consistent implementation and application of that regulation; whereas all further adjustments to existing legislation should be the subject of a proper cost/benefit analysis and should be non-discriminatory,
C. ker se Komisija ni pozitivno odzvala na vse vidike prejšnje prošnje Parlamenta vključno s tistimi, ki so vključene v omenjene resolucije z dne 15. januarja 2004, 27. aprila 2006, 11. julija 2007 in 13. decembra 2007;
C. whereas the Commission has not responded positively to all aspects of Parliament's earlier requests, including those made in its above-mentioned resolutions of 15 January 2004, 27 April 2006, 11 July 2007, 13 December 2007,
D. ker imajo hedge skladi in skladi zasebnega kapitala zelo različne značilnosti, o njih pa ne obstajajo nobene jasne opredelite, sta pa obe vrsti skladov nosilca naložb, ki jih bolj uporabljajo izkušene stranke kot pa maloprodajni potrošniki; ker jih v uredbi, ki je prilagojena določenim proizvodom, ni možno primerno obravnavati kot eno kategorijo;
D. whereas hedge funds and private equity have very different characteristics and no unambiguous definition of either exists but both are investment vehicles used by sophisticated rather than retail consumers; whereas they cannot be appropriately treated as a single category for product-specific regulation,
E. ker so hedge skladi in skladi zasebnega kapitala vedno pomembnejši alternativni nosilci naložb, ki imajo znatno in vedno večjo vlogo v globalnem upravljanju premoženja, poleg tega pa izboljšujejo učinkovitost finančnih trgov z ustvarjanjem novih naložbenih možnosti;
E. whereas hedge funds and private equity are increasingly important alternative investment vehicles that not only have a significant and increasing share in global assets under management, but also improve the efficiency of financial markets, by creating new investment opportunities,
F. ker je več globalnih in nacionalnih ustanov ter institucij EU že pred aktualno finančno krizo analiziralo morebitno zaskrbljenost v zvezi s hedge skladi in skladi zasebnega kapitala glede finančne stabilnosti, standardov upravljanja tveganja, prevelikih dolgov (finančnih vzvodov) ter vrednotenja nelikvidnih in zapletenih finančnih instrumentov;
F whereas several global, EU and national institutions have, long before the current financial crisis, analysed potential concerns in relation to hedge funds and private equity as regards financial stability, risk management standards, excessive debt (leverage) and the valuation of illiquid and complex financial instruments,
G. ker je bilo z analizo, ki jo je leta 2007 izvedel forum za finančno stabilnost, ugotovljeno, da se zaskrbljenost glede finančne stabilnosti najbolje obravnava s pogolobljenim nadzorom vseh akterjev;
G. whereas an analysis conducted by the Financial Stability Forum in 2007 concluded that financial stability concerns were best addressed through enhanced supervision of all actors,
H. ker je Mednarodni denarni sklad v svojem poročilu o svetovni finančni stabilnosti, ki ga je pripravil aprila 2008, zaključil, da obstaja “skupni neuspeh glede ocene obsega finančnega vzvoda, ki ga je prevzelo veliko število institucij – banke, zavarovalnice, subjekti, ki prejemajo sredstva vlade, hedge skladi – in povezanega tveganja neurejenega reševanja”;
H. whereas in its Global Financial Stability Report of April 2008, the International Monetary Fund (IMF) concluded that there is a "collective failure to appreciate the extent of leverage taken on by a wide range of institutions - bank, monoline insurers, government-sponsored entities, hedge funds - and the associated risks of a disorderly unwinding",
I. ker izpolnjevanje programa lizbonske strategije zahteva dolgoročne naložbe v rast in delovna mesta;
I. whereas realising the Lisbon Agenda requires long-term investment in growth and jobs,
J. ker take dolgoročne naložbe zahtevajo dobro delujoče stabilne finančne trge v EU in na globalni ravni ter tako prispevajo k dejanskemu gospodarstvu, kar se lahko doseže le, če se zagotovi obstoj konkurenčnega in inovativnega finančnega sektorja v Evropski uniji;
J. whereas such long-term investment requires well-functioning stable financial markets in the EU and globally, contributing to the real economy, which can be achieved only by ensuring the presence in the EU of a competitive and innovative financial industry,
K. ker hedge skladi in skladi zasebnega kapitala v veliko primerih zagotavljajo likvidnost, spodbujajo tržno raznolikost in večjo tržno učinkovitost tako, da ustvarjajo povpraševanje po inovativnih produktih in pomagajo oblikovati cene;
K. whereas hedge funds and private equity in many cases provide liquidity, foster market diversification and market efficiency by creating demand for innovative products, and aid price discovery,
L. ker finančna stabilnost prav tako zahteva boljše nadzorno sodelovanje tudi na globalni ravni, kar logično zahteva stalne izboljšave aktualnih nadzornih dogovorov EU, vključno z rednimi izmenjavami informacij in povečano preglednostjo institucionalnih investitorjev;
L. whereas financial stability also requires better supervisory cooperation, including at global level, which logically requires, continuing improvements of current EU supervisory arrangements including regular exchanges of information and enhanced transparency of institutional investors,
M. ker mora Komisija preučiti možnosti za globalno ureditev statusa tržnih akterjev v tujini;
M. whereas the Commission should investigate the possibilities of regulating off-shore market players globally,
N. ker so primerne stopnje preglednosti vlagateljev in nadzornih organov bistvene za zagotovitev takega dobro delujočega in stabilnega finančnega trga pa tudi za spodbujanje konkurence med tržnimi udeleženci in produkti;
N. whereas appropriate levels of transparency towards investors and supervisory authorities are crucial to ensure such well-functioning and stable financial markets as well as for promoting competition between market actors and products,
O. ker mora Komisija spremljati in analizirati učinke delovanja hedge skladov in skladov zasebnega kapitala ter pripraviti direktivo o pravilih minimalne preglednosti glede načina financiranja naložb v prihodnje, upravljanja tveganja, metod ocenjevanja, kvalifikacij upravljavcev in morebitnega navzkrižja interesov ter razkritja lastniške strukture in registracije hedge skladov;
O. whereas the Commission should monitor and analyse the effects of the operations of hedge funds and private equity and to consider putting forward a directive on minimum transparency rules on how investments are financed in the future, risk management, methods of assessment, managers' qualifications, possible conflicts of interest as well as the disclosure of ownership structures and the registration of hedge funds,
P. meni, da je za izpolnjevanje potrebe po spremljanju tržnih dejavnosti v nadzorne namene treba informacije o izpostavljenosti hedge skladov in posojilih predložiti pristojnim nadzornim organom brez pretiranih bremen;
P. takes the view that, in order to satisfy the need to monitor market activity for supervisory purposes, information on hedge fund exposures and lending should be made available to competent supervisory authorities without excessive burdens,
Q. od sektorja skladov pričakuje, da bo zaradi večje preglednosti nadaljeval razvoj zavezujočih ukrepov za upravljanje podjetij in jih tudi obvezno objavil; poziva k izboljšanju mehanizmov nadzora;
Q. expects the fund industry to move further towards binding measures on corporate governance with a view to achieving greater transparency which must also be made public; calls for an improvement of controlling mechanisms,
R. ker morajo države članice zagotavljati najboljšo prakso, da se pokojninski skladi, ki jih pridobijo zaposleni, zavarujejo pred stečajem;
R. whereas Member States should use best practice to ensure that company pensions acquired by employees are shielded from bankruptcies;
S. ker mora Komisija obravnavati možnost vključitve v opredelitev načela "preudarne osebe" tam, kjer je načelo vključeno v obstoječo zakonodajo Skupnosti, zahtevo za vlagatelje, da preverijo, ali alternativni investicijski skladi, v katere vlagajo, spoštujejo primerno zakonodajo in dosegajo sektorske standarde najboljših praks;
S. whereas the Commission should consider including in the definition of the prudent person principle, whenever that principle is incorporated in the existing Community legislation, the requirement for investors to verify that the alternative investment funds in which they invest comply with appropriate legislation and the industry's best practice standards,
T. ker trenutne različne opredelitve zasebnega plasiranja v državah članicah ovirajo notranji trg in omogočajo uhajanje zelo tveganih proizvodov na maloprodajni trg;
T. whereas the current diversity of private placement definitions in the Member States constitutes an obstacle to the internal market and creates an incentive for the leakage of high risk products onto the retail market,
U. ker je treba oblikovati spletno stran za kodekse ravnanja po načelu „vse na enem mestu“, vključno z registrom tistih, ki so v skladu s temi kodeksi ravnanja, njihovimi razkritji in obrazložitvijo neskladnosti; ugotavlja, da so lahko razlogi za neskladnost tudi orodje za učenje; ker je treba to spletno stran oblikovati v interesu EU in jo mednarodno spodbujati;
U. whereas a one-stop-shop website for codes of conduct should be established, including a register of those who comply, their disclosure and explanations of non-compliance; observes that reasons for non-compliance can also be a learning tool; whereas that website should be established for the EU and promoted internationally,
V. ker je Mednarodni denarni sklad v svojem poročilu o svetovni finančni stabilnosti, ki ga je pripravil aprila 2008, opozoril, da "trg podjetniških dolgov deluje ranljivo, saj zaradi makroekonomskih in strukturnih dejavnikov stopnje izgube rastejo";
V. whereas in its Global Financial Stability Report of April 2008, the IMF warned that "corporate debt market appears vulnerable as default rates are set to rise, owing to both macroeconomic and structural factors",
W. ker je nedavno povečanje števila transakcij v skladih zasebnega kapitala znatno povečalo število zaposlenih, katerih delovna mesta končno nadzirajo skladi zasebnega kapitala, in je zato treba upoštevati veljavno nacionalno zakonodajo o zaposlovanju in socialno pravo Skupnosti (zlasti direktivo 2001/23/ES), ki je bilo oblikovano, ko temu še ni bilo tako; ker se morata nacionalna zakonodaja o zaposlovanju in socialno pravo Skupnosti uporabljati na nedisktiminatorni podlagi, vključno s pravično in primerno obravnavo vseh gospodarskih udeležencev s podobnimi odgovornostmi do zaposlenih;
W. whereas the recent increase in private equity transactions has significantly increased the number of employees whose jobs are ultimately controlled by equity funds, and, therefore, due regard should be paid to existing national employment laws as well as Community employment law (in particular Directive 2001/23/EC), which was formulated when this was not so; whereas national and Community employment law should apply on a non-discriminatory basis, including fair and appropriate treatment of all economic actors with similar responsibilities towards employees,
X. poudarja, da se na podlagi različnih pravnih sistemov hedge skladi in skladi zasebnega kapitala, ki imajo v lasti podjetja in jih nadzorujejo, ne obravnavajo kot delodajalci ter so zato izključeni iz pravnih obveznosti delodajalca;
X. points out that under many legal systems, hedge funds and private equity that own and control companies are not regarded as employers and are therefore exempt from employers’ legal obligations,
Y. ker v primeru skrajnih dolgov podjetja predstavljajo večje tveganje;
Y. whereas in the event of extreme debt loads companies present a higher risk profile,
Z. ker tako kot pri drugih podjetjih lahko pride do navzkrižij interesov, ki izhajajo iz poslovnega modela skladov zasebnega kapitala ali hedge skladov ali odnosa med navedenimi nosilci in drugimi udeleženci na finančnem trgu; prizadevanja za spodbujanje veljavne zakonodaje Skupnosti ne smejo biti omejena na hedge sklade in sklade zasebnega kapitala, morajo pa biti skladna z globalnimi standardi, kot so načela Mednarodnega združenja nadzornikov trga vrednostnih papirjev za upravljanje navzkrižij interesov kolektivnih naložbenih shem in tržnih posrednikov;
Z. whereas, as with other entities, there may be conflicts of interest either arising from the business model of private equity or hedge funds or from the relationships between those vehicles and other actors in financial markets; efforts to enhance existing Community legislation should not be restricted to hedge funds and private equity and should be in line with global standards such as the IOSCO principles for the management of conflicts of interest by collective investment schemes and market intermediaries;
AA. ker sistemi plač za upravljavce hedge skladov in skladov zasebnega kapitala lahko povzročijo neprimerne spodbude, ki vodijo k neodgovornemu prevzemanju tveganj;
AA. whereas the remuneration systems for hedge funds and private equity managers may give rise to inappropriate incentives leading to irresponsible risk taking,