natgillin/translations-raw huggingface dataset:
(48) Nujno je, da države članice in organ ESMA ščitijo pravico fizičnih oseb do zasebnosti pri obdelavi osebnih podatkov v skladu z Direktivo 95/46/ES Evropskega parlamenta in Sveta z dne 24. oktobra 1995 o varstvu posameznikov pri obdelavi osebnih podatkov in o prostem pretoku takih podatkov
(48) It is essential that Member States and ESMA protect the right to privacy of natural persons when processing personal data, in accordance with Directive 95/46/EC of the European Parliament and of the Council of 24 October 1995 on the protection of individuals with regard to the processing of personal data and of the freedom of movement of such data
(49) Pomembno je zagotoviti mednarodno skladnost zahtev za CCP in repozitorije sklenjenih poslov.
(49) It is important to ensure international convergence of requirements for CCPs and trade repositories.
Ta uredba sledi priporočilom, ki sta jih pripravila CPSS-IOSCO in ESCB-CESR , ter ustvarja evropski okvir za varno poslovanje CCP.
This Regulation follows the recommendations developed by CPSS-IOSCO and ESCB-CESR and creates a Union framework in which CCPs can operate safely.
Organ ESMA mora ta razvoj upoštevati pri pripravi regulativnih tehničnih standardov ter smernic in priporočil, predvidenih s to uredbo.
ESMA should consider these developments when drawing up the regulatory technical standards as well as the guidelines and recommendations foreseen in this Regulation.
(50) Komisija mora biti pooblaščena za sprejetje delegiranih aktov v skladu s členom 290 Pogodbe , pa tudi regulativnih tehničnih standardov v skladu s členi od 10 do 14 Uredbe (EU) št. 1095/2010 v zvezi s podrobnostmi, ki jih je treba navesti v obvestilu organu ESMA in ki se poročajo v register, ter v zvezi z merili, na podlagi katerih organ ESMA odloča o primernosti za obveznosti kliringa, informacijskem pragu in pragu kliringa, največjem časovnem zamiku pri pogodbah, likvidnosti, minimalni vsebini pravil upravljanja, podrobnostih vodenja evidenc, minimalni vsebini načrta neprekinjenega poslovanja in zajamčenih storitev, odstotku in časovnem obdobju za zahtevana kritja, ekstremnih tržnih pogojih, visoko likvidnih zavarovanjih s premoženjem in odbitkih, visoko likvidnih finančnih instrumentih in omejitvah koncentracije, podrobnostih za izvajanje testov, podrobnostih glede vloge repozitorija sklenjenih poslov za registracijo pri organu ESMA, denarnih kaznih in podrobnostih glede informacij, do katerih mora repozitorij sklenjenih poslov omogočiti dostop, kot navaja ta uredba.
(50) The Commission should be empowered to adopt delegated acts in accordance with Article 290 of the Treaty as well as regulatory technical standards in accordance with A rticle s 10 to 14 of Regulation (EU) No 1095/20 10 in respect of the details to be included in the notification to ESMA and in the register and the criteria for the decision of ESMA on the eligibility for the clearing obligation, on the information and clearing threshold, on the maximum time lag regarding the contract, on liquidity, on the minimum content of governance rules, on details of record keeping, on minimum content of business continuity plan and the services guaranteed, on percentages and time horizon for margin requirements, on extreme market conditions, on highly liquid collateral and haircuts, on highly liquid financial instruments and concentration limits, on details for performance of tests, on details concerning the application of a trade repository for registration with ESMA, on fines and on details concerning the information that a trade repository should make available, as referred to in this Regulation.
Pri oblikovanju delegiranih aktov bi morala Komisija uporabiti strokovno znanje ustreznih evropskih nadzornih organov (ESMA, EBA in EIOPA).
In defining the delegated acts, the Commission should make use of the expertise of the relevant ESAs (ESMA, EBA and EIOPA).
Glede na strokovno znanje organa ESMA v zvezi z vprašanji, ki zadevajo vrednostne papirje in trg vrednostnih papirjev, mora imeti organ ESMA osrednjo vlogo pri svetovanju Komisiji o pripravi delegiranih aktov.
In view of the expertise of ESMA regarding issues concerning securities and securities markets, ESMA should play a central role in advising the Commission on the preparation of the delegated acts.
Vendar pa se mora, kadar je to primerno, organ ESMA podrobno posvetovati z organom EBA in organom EIOPA.
However, where appropriate, ESMA should consult EBA and EIOPA.
(50a) V okviru priprav za določitev tehničnih smernic in regulativnih tehničnih standardov, zlasti pri določitvi pragov kliringa v skladu s to uredbo za nefinančne nasprotne stranke, bi se moral organ ESMA javno posvetovati z udeleženci na trgu.
(50a) As part of the preparation for the establishment of technical guidelines and regulatory technical standards, and in particular when setting the clearing threshold for non-financial counterparties under this Regulation, ESMA should organise public hearings of market participants.
(51) V skladu s členom 291 PDEU se pravila in splošna načela v zvezi z mehanizmi nadzora, s katerimi države članice nadzorujejo, kako Komisija uresničuje svoja izvedbena pooblastila, vnaprej določijo z uredbo, sprejeto v skladu z rednim zakonodajnim postopkom. ▐
(51) According to Article 291 TFEU, rules and general principles concerning mechanisms for the control by Member States of the Commission's exercise of implementing powers are to be laid down in advance by a Regulation adopted in accordance with the ordinary legislative procedure. ▐
(52) Ker ciljev te uredbe, in sicer določitve enotnih zahtev za pogodbe o izvedenih finančnih instrumentih OTC in določitve enotnih zahtev za izvajanje dejavnosti CCP in repozitorijev sklenjenih poslov, države članice ne morejo zadovoljivo doseči ter ker se ta cilj zaradi obsega ukrepanja lažje doseže na ravni Unije, lahko Unija sprejme ukrepe v skladu z načelom subsidiarnosti iz člena 5 Pogodbe o Evropski uniji.
(52) Since the objectives of this Regulation, namely to lay down uniform requirements for OTC derivative contracts and to also lay down uniform requirements for the performance of activities of CCPs and trade repositories, cannot be sufficiently achieved by the Member States and can therefore, by reason of the scale of the action, be better achieved at Union level, the Union may adopt measures, in accordance with the principle of subsidiarity as set out in Article 5 of the Treaty on European Union.
Skladno z načelom sorazmernosti iz navedenega člena ta uredba ne presega okvirov, ki so potrebni za doseganje navedenih ciljev.
In accordance with the principle of proportionality, as set out in that Article, this Regulation does not go beyond what is necessary in order to achieve those objectives.
(53) Glede na pravila o interoperabilnih sistemih se je zdelo primerno spremeniti Direktivo 98/26/ES, da se zaščitijo pravice upravljavca sistema, ki zagotavlja dodatno jamstvo sprejemnemu upravljavcu sistema v primeru postopka zaradi nesolventnosti proti temu sprejemnemu upravljavcu sistema.
(53) In view of the rules regarding interoperable systems, it was deemed appropriate to amend Directive 98/26/EC to protect the rights of a system operator that provides collateral security to a receiving system operator in the event of insolvency proceedings against that receiving system operator.
(53a) Za zagotovitev usklajene in učinkovite zakonodaje ter zaradi tesnih povezav dejavnosti med trgovanjem in po njem je treba to uredbo uskladiti z Direktivo 2004/39/ES, ki bo določila ustrezne zahteve za mesto trgovanja, ki se naložijo mestom, na katerih se izvajajo izvedeni finančni instrumenti, kot jih določa enotni sistem računalniškega upravljanja.
(53a) To ensure coherent and effective legislation and due to the close links between trading and post-trading, this R egulation should be aligned with Directive 2004/39/EC, which will determine the appropriate trading venue requirements to be imposed on the venues on which derivatives as defined in EMIR are executed.
Te zahteve lahko vključujejo preglednost, dostopnost, izvajanje naročil, nadzor, trdnost in varnost sistemov ter vse druge potrebne zahteve.
Th o se requirements may include transparency, access, order execution, surveillance, robustness and system safety as well as other necessary requirements.
(53b) Prodaja kompleksnih izvedenih finančnih instrumentov lokalnim javnim organom zahteva posebno pozornost.
( 53b ) The sale of complex derivative products to local public authorities calls for special attention.
Komisija bi morala v prihodnji pregled Direktive 2004/39/ES vključiti posebne predloge za rešitev tega vprašanja.
The Commission sh ould include specific proposals in the incoming review of Directive 2004/39/EC to address this concern.
Ti predlogi vključujejo posebne zahteve glede potrebne skrbnosti, informacij in njihovega razkrivanja –
These proposals will include specific due diligence, information and disclosure requirements ,
Ta uredba določa enotne zahteve za pogodbe o izvedenih finančnih instrumentih , posebne določbe za izboljšanje preglednosti in upravljanja tveganja na trgu izvedenih finančnih instrumentov OTC, pa tudi enotne zahteve za izvajanje dejavnosti centralnih nasprotnih strank in repozitorijev sklenjenih poslov.
This Regulation lays down uniform requirements for derivative contracts , specific provisions to improve the transparency and risk management of the OTC derivatives market as well as uniform requirements for the performance of activities of CCPs and trade repositories .
Za zagotovitev enotne uporabe te uredbe: Organ ESMA za namene te uredbe pripravi osnutek regulativnih tehničnih standardov, v katerih bodo določene smernice za razlago in uporabo točk od (4) do (10) oddelka C Priloge I k Direktivi 2004/39/ES.
In order to ensure the uniform application of this Regulation; ESMA shall develop draft regulatory technical standards laying down guidelines for the interpretation and application, for the purposes of this Regulation, of points (4) to (10) of Section C of Annex I to Directive 2004/39/EC .
Organ ESMA osnutek teh regulativnih tehničnih standardov Komisiji predloži do 30. junija 2012.
ESMA shall submit draft s for these regulatory technical standards to the Commission by 30 June 2012.
Na Komisijo se prenese pooblastilo za sprejetje regulativnih tehničnih standardov iz drugega pododstavka v skladu s postopkom iz členov od 10 do 14 Uredbe (EU) št. 1095/2010.
Power is delegated to the Commission to adopt the regulatory technical standards referred to in the second subparagraph in accordance with Articles 10 to 14 of Regulation (EU) N o 1095/2010.
Ta uredba velja za centralne nasprotne stranke in njihove klirinške člane , finančne nasprotne stranke in repozitorije sklenjenih poslov.
This Regulation shall apply to CCPs and their clearing members , financial counterparties and to trade repositories.
Za nefinančne nasprotne stranke velja, kadar je to predvideno.
It shall apply to non-financial counterparties where so provided.
Naslov V velja le za prenosljive vrednostne papirje in instrumente denarnega trga, kot so opredeljeni v točki 18(a) in (b) ter točki 19 člena 4(1) Direktive 2004/39/ES.
Title V shall apply only to transferable securities and money-market instruments, as defined in point (18)(a) and (b) and point (19) of Article 4(1) of Directive 2004/39/EC.
Obveznosti kliringa te uredbe se ne uporabljajo za:
The clearing obligations of this Regulation shall not apply to:
(a) člane Evropskega sistema centralnih bank in druge nacionalne organe, ki opravljajo podobne funkcije, ter druge javne organe, ki so zadolženi za upravljanje javnega dolga ali ki posredujejo pri upravljanju javnega dolga;
(a) the members of the ESCB and other national bodies performing similar functions and other public bodies charged with or intervening in the management of the public debt;
(b) multilateralne razvojne banke, navedene v oddelku 4.2 dela 1 Priloge VI k Direktivi 2006/48/ES.
(b) multilateral development banks, as listed under Section 4.2 of Part 1 of Annex VI to Directive 2006/48/EC.
(ba) Banko za mednarodne poravnave.
(ba) the Bank for International Settlements.
Za nadaljnja odstopanja od te uredbe bo treba sprejeti posebno uredbo Evropskega parlamenta in Sveta, ki bo pripravljena na podlagi mednarodnih standardov in ustreznih sektorskih pravil Unije.
Further derogations from this Regulation shall require the adoption of a specific regulation of the European Parliament and of the Council drawn up on the basis of international standards and equivalent Union sectoral rules.
Za namene te uredbe se uporabljajo naslednje opredelitve pojmov:
For the purposes of this Regulation, the following definitions shall apply:
(1) „centralna nasprotna stranka (CCP)“ je subjekt, ki pravno posreduje med nasprotnimi strankami v pogodbah, s katerimi se trguje na enem ali več finančnih trgih, ter postane kupec za vsakega prodajalca in prodajalec za vsakega kupca ter je odgovorna za delovanje sistema kliringa;
(1) 'central counterparty’ or ‘CCP' means an entity that legally interposes itself between the counterparties to the contracts traded within one or more financial markets, becoming the buyer to every seller and the seller to every buyer and which is responsible for the operation of a clearing system;
(2) „repozitorij sklenjenih poslov“ je subjekt, ki centralno zbira in vzdržuje evidence o izvedenih finančnih instrumentih OTC;
(2) 'trade repository' means an entity that centrally collects and maintains the records of derivatives;
(3) „kliring“ je postopek, v katerem tretja stranka neposredno ali posredno posreduje med nasprotnima strankama v transakciji, da bi prevzela njihove pravice in obveznosti ;
(3) ’clearing' means the process by which a third party interposes itself , directly or indirectly, between the transaction counterparties in order to assume their rights and obligations ;
(4) „razred izvedenih finančnih instrumentov“ je podmnožica izvedenih finančnih instrumentov, ki imajo enake in bistvene značilnosti , vključujejo pa vsaj odnos do osnovnega premoženja, vrsto osnovnega premoženja, profil izplačila in valute nominalne vrednosti.
(4) ’class of derivatives' means a subset of derivatives sharing common and essential characteristics which include at least the relationship with the underlying asset, the type of underlying asset, the pay-off profile and currency of notional.
Izvedeni finančni instrumenti, ki spadajo v isti razred, imajo lahko različne roke dospelosti.
Derivatives belonging to the same class may have different maturities ;
(5) „izvedeni finančni instrumenti, s katerimi se trguje na prostem trgu (OTC)“, so pogodbe o izvedenih finančnih instrumentih, s katerimi se ne trguje na reguliranem trgu ali na trgu tretje države, ki velja za enakovrednega reguliranemu trgu, ali na katerem koli drugem organiziranem mestu trgovanja, vzpostavljenem v skladu z Direktivo 2004/109/ES, ki opravlja kliring za take pogodbe prek CCP;
(5) 'OTC derivatives' means derivative contracts whose execution does not take place on a regulated market or on a third-country market considered as equivalent to a regulated market or on any other organised trading venue established under Directive 2004/109/EC that clears such contracts through a CCP ;
(5a) „regulirani trg“ je večstranski sistem, kot je opredeljen v členu 4(1)(14) Direktive 2004/39/ES;
( 5a ) "regulated market" means a multilateral system as defined in Article 4(1)(14) of Directive 2004/39/EC;
(5b) „večstranski sistem trgovanja“ ali „MTF“ je večstranski sistem, kot je opredeljen v členu 4(1)(15) Direktive 2004/39/ES;
( 5b ) "multilateral trading facility ” or “ MTF" means a multilateral system as defined in Article 4(1)(15) of Directive 2004/39/EC;
(6) „finančna nasprotna stranka“ je v Uniji ustanovljeno podjetje, ki je priznano investicijsko podjetje, kot je opredeljeno v Direktivi 2004/39/ES, priznana kreditna institucija, kot je opredeljena v Direktivi 2006/48/ES, priznana zavarovalnica, kot je opredeljena v Direktivi 73/239/EGS, priznana zavarovalnica, kot je opredeljena v Direktivi 2002/83/ES, priznana pozavarovalnica, kot je opredeljena v Direktivi 2005/68/ES, priznan kolektivni naložbeni podjem za vlaganja v prenosljive vrednostne papirje (KNPVP), kot je opredeljen v Direktivi 2009/65/ES, priznana institucija za poklicno pokojninsko zavarovanje , kot je opredeljena v Direktivi 2003/41/ES , ali priznan upravitelj alternativnih investicijskih skladov, kot je opredeljen v Direktivi 2010/61/EU;
(6) 'financial counterparty' means an undertaking established in the Union which is an authorised investment firm as set out in Directive 2004/39/EC, an authorised credit institution as defined in Directive 2006/48/EC, an authorised insurance undertaking as defined in Directive 73/239/EEC, an authorised assurance undertaking as defined in Directive 2002/83/EC, an authorised reinsurance undertaking as defined in Directive 2005/68/EC, an authorised UCITS as defined in Directive 2009/65/EC, an authorised institution for occupational retirement provision as defined in Directive 2003/41/EC or an authorised alternative investment fund as defined in Directive 2011/61/EU;
(7) „nefinančna nasprotna stranka“ je podjetje, ki ima sedež v Uniji in ni subjekt iz točk (1) in (6);
(7) 'non-financial counterparty' means an undertaking established in the Union other than the entities referred to in points (1) and (6) ;
(7a) „shema poklicnega pokojninskega zavarovanja“ pomeni shemo za pokojninsko zavarovanje, kot je opredeljena v Direktivi 2003/41/ES, vključno s priznanimi subjekti, ki so pristojni za upravljanje institucij za poklicno pokojninsko zavarovanje in delujejo v njihovem imenu, kot določa člen 2(1) navedene direktive, ali imenovanimi naložbenimi upravitelji v skladu s členom 19(1) navedene direktive, ali katero koli drugo ureditvijo, ki jo nacionalna zakonodaja priznava kot sistem, ustanovljen za pokojninsko zavarovanje;
(7a) 'occupational pension scheme' means a pension scheme established pursuant to Directive 2003/41/EC, including the authori s ed entities responsible for managing IORP and acting on their behalf referred to in Article 2(1) of that Directive or the appointed investment managers pursuant to Article 19(1) of th at Directive or any other arrangement recognised under national law as a scheme established for the purposes of retirement provision;
(8) „kreditno tveganje nasprotne stranke“ je tveganje, da nasprotna stranka v poslu postane neplačnik pred končno poravnavo denarnih tokov transakcije;
(8) 'counterparty credit risk' means the risk that the counterparty to a transaction defaults before the final settlement of the transaction's cash flows;
(9) „dogovor o interoperabilnosti“ je dogovor med dvema ali več CCP, ki vključuje medsistemsko izvajanje transakcij;
(9) 'interoperability arrangement' means an arrangement between two or more CCPs that involves a cross-system execution of transactions;
(10) „pristojni organ“ je organ, ki ga določi vsaka država članica v skladu s členom 18;
(10) 'competent authority' means the authority designated by each Member State in accordance with Article 18;
(11) „klirinški član“ je podjetje, ki sodeluje v CCP in je odgovorno za izpolnjevanje finančnih obveznosti, ki izhajajo iz tega sodelovanja;
(11) 'clearing member' means an undertaking which participates in a CCP and which is responsible for discharging the financial obligations arising from that participation;
(12) „stranka“ je podjetje v neposrednem ali posrednem pogodbenem razmerju s klirinškim članom ali z njegovim pridruženim podjetjem , ki podjetju omogoča kliring transakcij tako, da klirinški član uporabi to CCP;
(12) ’client' means an undertaking with a direct or indirect contractual relationship with a clearing member of a CCP or one of its affiliates which enables that undertaking to clear transactions through that clearing member's use of that CCP;
(13) „kvalificirani delež“ pomeni vsak neposredni ali posredni delež v CCP ali repozitoriju sklenjenih poslov, ki predstavlja 10 % ali več kapitala ali glasovalnih pravic, kot je določeno v členih 9 in 10 Direktive 2004/109/ES Evropskega parlamenta in Sveta z dne 15. decembra 2004 o uskladitvi zahtev v zvezi s preglednostjo informacij o izdajateljih, katerih vrednostni papirji so sprejeti v trgovanje na reguliranem trgu
(13) ‘qualifying holding’ means any direct or indirect holding in a CCP or trade repository which represents at least 10% of the capital or of the voting rights, as set out in Articles 9 and 10 of Directive 2004/109/EC of the European Parliament and of the Council of 15 December 2004 on the harmonisation of transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market
38. , ob upoštevanju pogojev o združevanju teh deležev, določenih v členu 12(4) in (5) navedene direktive, ali ki omogoča pomembno vplivanje na upravljanje CCP ali repozitorija sklenjenih poslov, v katerem je ta delež
38. , taking into account the conditions regarding aggregation thereof laid down in Article 12(4) and (5) of that Directive, or which makes it possible to exercise a significant influence over the management of the CCP or trade repository in which that holding subsists;
(15) „podrejeno podjetje“ je podrejeno podjetje v smislu člena 1 in 2 Direktive 83/349/EGS, vključno s katerim koli podrejenim podjetjem podrejenega podjetja vrhovnega matičnega podjetja;
(15) ‘subsidiary’ means a subsidiary undertaking within the meaning of Articles 1 and 2 of Directive 83/349/EEC, including any subsidiary of a subsidiary undertaking of an ultimate parent undertaking;
(16) „obvladovanje“ je nadzor, kot je opredeljen v členu 1 Direktive 83/349/EGS;
(16) ‘control’ means control as defined in Article 1 of Directive 83/349/EEC;
(17) „tesne povezave“ pomenijo položaj, ko sta dve ali več kot dve fizični ali pravni osebi povezani z:
(17) ‘close links’ means a situation in which two or more natural or legal persons are linked by:
(a) udeležbo, kar pomeni z lastništvom – neposredno ali z obvladovanjem – 20 % ali več glasovalnih pravic ali kapitala v družbi;
(a) participation which means the ownership, direct or by way of control, of 20% or more of the voting rights or capital of an undertaking,
(b) obvladovanjem, kar pomeni z odnosom med nadrejenim podjetjem in podrejenim podjetjem v vseh primerih iz člena 1(1) in (2) Direktive 83/349/EGS ali podobnim odnosom med katero koli fizično ali pravno osebo in podjetjem, pri čemer se tudi vsako podrejeno podjetje podrejenega podjetja šteje za podrejeno podjetje nadrejenega podjetja, ki je na čelu teh podjetij.
(b) control which means the relationship between a parent undertaking and a subsidiary, in all the cases referred to in Article 1(1) and (2) of Directive 83/349/EEC, or a similar relationship between any natural or legal person and an undertaking or any subsidiary undertaking of a subsidiary undertaking also being considered a subsidiary of the parent undertaking which is at the head of those undertakings.
Tudi položaj, v katerem sta dve ali več kot dve fizični ali pravni osebi stalno povezani z eno in isto osebo prek odnosa obvladovanja, se šteje za tesno povezavo med takimi osebami;
A situation in which two or more natural or legal persons are permanently linked to one and the same person by a control relationship shall also be regarded as constituting a close link between such persons.
(18) „kapital“ pomeni kapital v smislu člena 22 Direktive 86/635/EGS z dne 8. decembra 1986 o letnih računovodskih izkazih in konsolidiranih računovodskih izkazih bank in drugih finančnih institucij, če je bil vplačan, vključno s presežkom vplačanega kapitala, in če v celoti pokriva izgube v času rednega poslovanja in je pri stečaju ali likvidaciji uvrščen za vsemi drugimi terjatvami;
(18) 'capital' means capital within the meaning of Article 22 of Directive 86/635/EEC of 8 December 1986 on the annual accounts and consolidated accounts of banks and other financial institutions in so far it has been paid up, plus the related share premium accounts, it fully absorbs losses in going concern situations, and in the event of bankruptcy or liquidation ranks after all other claims;