natgillin/translations-raw huggingface dataset:
– ob upoštevanju prošnje Sveta za privolitev Parlamenta na podlagi drugega pododstavka člena 300(3) v povezavi z drugim stavkom prvega pododstavka člena 300(2) in členom 310 PES (C6 0453/2008),
– having regard to the request for assent submitted by the Council pursuant to Article 300(3), second subparagraph, in conjunction with Article 300(2), first subparagraph, second sentence and Article 310 of the EC Treaty ( C6‑0453/2008 ),
– ob upoštevanju priporočila Odbora za zunanje zadeve ( A6‑0496/2008 ),
– having regard to the recommendation of the Committee on Foreign Affairs ( A6‑0496/2008 ),
Protokol k Stabilizacijsko-pridružitvenemu sporazumu med ES in Albanijo zaradi upoštevanja pristopa Bolgarije in Romunije k EU
Protocol to the Stabilisation and Association Agreement between the EC and Albania to take account of the accession of Bulgaria and Romania to the EU
o predlogu Direktive Evropskega parlamenta in Sveta o usklajevanju zakonov in drugih predpisov o podjetjih za kolektivne naložbe v prenosljive vrednostne papirje (KNPVP)
on the proposal for a directive of the European Parliament and of the Council on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (recast)
MNENJE Odbora za pravne zadeve .........................................................................120
OPINION of the Committee on Legal Affairs ....................................................124
PRILOGA: MNENJE SVETOVALNE DELOVNE SKUPINE PRAVNIH SLUŽB EVROPSKEGA PARLAMENTA, SVETA IN KOMISIJE 143
ANNEX: OPINION OF THE CONSULTATIVE WORKING PARTY OF THE LEGAL SERVICES OF THE EUROPEAN PARLIAMENT, THE COUNCIL AND THE COMMISSION 148
(Postopek soodločanja: prva obravnava)
(Codecision procedure: recast)
– ob upoštevanju predloga Komisije Evropskemu parlamentu in Svetu ( KOM(2008)0458 ),
– having regard to the Commission proposal to the European Parliament and the Council ( COM(2008)0458 ),
– ob upoštevanju členov 251(2) in 47(2) Pogodbe ES, na podlagi katerih je Komisija Parlamentu podala predlog ( C6-0287/2008 ),
– having regard to Article 251(2) and Article 47(2) of the EC Treaty, pursuant to which the Commission submitted the proposal to Parliament ( C6‑0287/2008 ),
– ob upoštevanju členov 80a in 51 svojega poslovnika,
– having regard to Rules 80 and 51 of its Rules of Procedure,
– ob upoštevanju poročila Odbora za ekonomske in monetarne zadeve in mnenja Odbora za pravne zadeve ( A6-0497/2008 ),
– having regard to the report of the Committee on Economic and Monetary Affairs and the opinion of the Committee on Legal Affairs( A6‑0497/2008 ),
(5a) Če določila te direktive zahtevajo ukrepanje KNPVP, je treba ta določila razumeti kot dolžnost družbe za upravljanje, če je KNPVP ustanovljen kot splošni sklad, ki ni pravna oseba in kot tak ne more ukrepati.
(5a) Where a provision of this Directive requires a UCITS to take action, that provision should be understood to refer to the management company where the UCITS is constituted as a common fund and where such fund has no legal personality and cannot act by itself.
(6a) Prodajo enot KNPVP s strani posrednikov ureja Direktiva 2004/39/ES.
(6a) The sale of units of UCITS by intermediaries is subject to Directive 2004/39/EC.
(9) Zaradi načela nadzora s strani matične države članice bi bilo potrebno družbam za upravljanje dovoliti, da z ustanavljanjem hčerinskih družb ali s prostim opravljanjem storitev na ozemlju celotne Skupnosti opravljajo storitve, za katere imajo dovoljenje matične države članice.
(9) By virtue of the principle of home Member State supervision, management companies authorised in their home Member States should be permitted to carry on the services for which they have received authorisation throughout the Community by establishing branches or under the freedom to provide services.
Odobritev pravil upravljanja skupnih sredstev/vzajemnih skladov je v pristojnosti matične države članice družbe za upravljanje.
The approval of the fund rules of common funds/unit trusts falls within the competence of the management company's home Member State .
(10) Kar zadeva upravljanje zbranega premoženja (upravljanje vzajemnih skladov/skupnih sredstev in investicijskih družb), mora dovoljenje, izdano družbi za upravljanje v matični državi članici, tej družbi dovoljevati, da v državah članicah gostiteljicah nadaljuje z opravljanjem naslednjih dejavnosti: distribucija enot vzajemnih skladov/skupnih sredstev, ki jih taka družba upravlja v matični državi članici; distribucija delnic usklajenih investicijskih družb, ki jih upravlja taka družba; izvajanje vseh ostalih funkcij in nalog, ki sodijo v dejavnost upravljanja zbranega premoženja; upravljanje sredstev investicijskih družb, registriranih v državah članicah, ki niso matična država članica družbe za upravljanje; na podlagi pooblastil v imenu družb za upravljanje, registriranih v državah članicah, ki niso matična država članica družbe za upravljanje, opravljati funkcije, ki so del dejavnosti upravljanja zbranega premoženja.
(10) With regard to collective portfolio management (management of unit trusts/common funds and investment companies), the authorisation granted to a management company authorised in its home Member State should permit the company to carry on in host Member States the following activities: to distribute the units of the harmonised unit trusts/common funds managed by the company in its home Member State; to distribute the shares of the harmonised investment companies, managed by such a company; to perform all the other functions and tasks included in the activity of collective portfolio management; to manage the assets of investment companies incorporated in Member States other than its home Member State; to perform, on the basis of mandates, on behalf of management companies incorporated in Member States other than its home Member State, the functions included in the activity of collective portfolio management.
(10) Kar zadeva upravljanje zbranega premoženja (upravljanje vzajemnih skladov/skupnih sredstev in investicijskih družb), mora dovoljenje, izdano družbi za upravljanje v matični državi članici, tej družbi dovoljevati, da v državah članicah gostiteljicah nadaljuje z opravljanjem naslednjih dejavnosti: distribucija enot vzajemnih skladov/skupnih sredstev, ki jih taka družba upravlja v matični državi članici; distribucija delnic usklajenih investicijskih družb, ki jih upravlja taka družba; izvajanje vseh ostalih funkcij in nalog, ki sodijo v dejavnost upravljanja zbranega premoženja; na podlagi pooblastil v imenu družb za upravljanje, registriranih v državah članicah, ki niso matična država članica družbe za upravljanje, opravljati funkcije, ki so del dejavnosti upravljanja zbranega premoženja.
(10) With regard to collective portfolio management (management of unit trusts/common funds and investment companies), the authorisation granted to a management company authorised in its home Member State should permit the company to carry on in host Member States the following activities: to distribute the units of the harmonised unit trusts/common funds managed by the company in its home Member State; to distribute the shares of the harmonised investment companies, managed by such a company; to perform all the other functions and tasks included in the activity of collective portfolio management; to perform, on the basis of mandates, on behalf of management companies incorporated in Member States other than its home Member State, the functions included in the activity of collective portfolio management.
(11) Načelo nadzora s strani matične države članice zahteva , da pristojni organi ne izdajo dovoljenja ali odvzamejo dovoljenje, če dejavniki kot so vsebina programov delovanja, geografska porazdelitev ali dejansko izvedene dejavnosti jasno kažejo, da je družba za upravljanje izbrala pravni sistem ene države članice z namenom izogniti se strožjim standardom, ki veljajo v drugi državi članici na ozemlju katere družba za upravljanje namerava ali dejansko izvaja večji del svojih dejavnosti.
(11) The principle of home Member State supervision requires that the competent authorities should not grant or should withdraw authorisation where factors, such as the content of programmes of operations, the geographical distribution or the activities actually carried on indicate clearly that a management company has opted for the legal system of one Member State for the purpose of evading the stricter standards in force in another Member State within the territory of which it intends to carry on or does carry on the greater part of its activities.
Za namen te direktive bi morala družba za upravljanje pridobiti dovoljenje v državi članici, v kateri ima statutarni sedež.
For the purpose of this Directive, a management company should be authorised in the Member State in which it has its registered office.
V skladu z načelom nadzora matične države se lahko le državo članico, v kateri ima družba za upravljanje svoj statutarni sedež, šteje za pristojno odobriti pravila upravljanja vzajemnih skladov/skupnih sredstev, ki jih oblikuje ta družba in odobriti depozitarja, ki ga je izbrala ta družba .
In accordance with the principle of the home country control , only the Member State in which the management company has its registered office can be considered competent to approve the fund rules of unit trusts/common funds set up by such a company and the choice of the depositary .
Z namenom preprečiti arbitražo nadzora in spodbuditi zaupanje v učinkovitost nadzora, ki ga izvajajo organi matične države članice, mora biti eden od pogojev za izdajo dovoljenja KNPVP ta, da naj se njegovo trženje v matični državi članici ne prepreči na noben pravni način.
In order to prevent supervisory arbitrage and to promote confidence in the effectiveness of supervision by the home Member State authorities, a requirement for authorisation of a UCITS should be that it should not be prevented in any legal way from being marketed in its home Member State.
To ne vpliva na svobodno odločitev izbire držav(e) članic(e) v kateri(h) se bodo v skladu s to direktivo, po izdaji dovoljenja KNPVP tržile enote KNPVP.
This does not affect the free decision, once the UCITS has been authorised, to choose the Member State(s) where the units of the UCITS are to be marketed in accordance with this Directive.
(11) Načelo nadzora s strani matične države članice zahteva, da pristojni organi ne izdajo dovoljenja ali odvzamejo dovoljenje, če dejavniki kot so vsebina programov delovanja, geografska porazdelitev ali dejansko izvedene dejavnosti jasno kažejo, da je družba za upravljanje izbrala pravni sistem ene države članice z namenom izogniti se strožjim standardom, ki veljajo v drugi državi članici , na ozemlju katere družba za upravljanje namerava ali dejansko izvaja večji del svojih dejavnosti.
(11) The principle of home Member State supervision requires that the competent authorities should not grant or should withdraw authorisation where factors, such as the content of programmes of operations, the geographical distribution or the activities actually carried on indicate clearly that a management company has opted for the legal system of one Member State for the purpose of evading the stricter standards in force in another Member State within the territory of which it intends to carry on or does carry on the greater part of its activities.
V skladu z načelom nadzora matične države se lahko le pristojni organi družbe za upravljanje matične države članice štejejo za pristojne nadzirati organizacijo družbe za upravljanje, za katero morajo veljati zakoni matične države članice družbe za upravljanje .
In accordance with the principle of home country supervision , only the competent authorities of the management company’s home Member State can be considered competent to supervise the organisation of the management company, which should be subject to the law of the management company’s home Member State .
(11a) Pristojni organi, ki KNPVP izdajo dovoljenje, bi morali upoštevati pravila upravljanja skupnih sredstev ali ustanovno listino investicijske družbe, izbiro depozitarja in zmožnost družbe za upravljanje, da upravlja KNPVP.
(11a) The competent authorities that authorise the UCITS should take into account the rules of the common fund or the instruments of incorporation of the investment company, the choice of the depositary and the ability of the management company to manage the UCITS.
Če se družba za upravljanje nahaja v drugi državi članici, bi se morali zanesti na potrdilo pristojnih organov matične države članice družbe za upravljanje glede vrste KNPVP, ki jo družba za upravljanje lahko upravlja z dovoljenjem.
When the management company is located in another Member State, they should be able to rely on an attestation, by the competent authorities of the management company’s home Member State, regarding the type of UCITS that the management company is authorised to manage.
Dovoljenje za sklad ne bi smelo biti pogojeno z zahtevami po dodatnem kapitalu na ravni družbe za upravljanje, s tem, da mora biti statutarni sedež družbe za upravljanje v državi članici KNPVP, ali s tem, da mora v matični državi članici KNPVP družba za upravljanje opravljati določene dejavnosti.
The authorisation of a fund should not be condition al on any additional capital requirement at the level of the management company, the location of the management company’s registered office in the UCITS home Member State , or the location of any activities of the management company in the UCITS home Member State .
Uvodna izjava 11b (novo)
Recital 11b (new)
(11b) Pristojni organi matične države članice KNPVP bi morali biti pristojni za nadzor nad upoštevanjem pravil v zvezi z ustanovitvijo in delovanjem KNPVP, za katerega naj veljajo predpisi matične države članice KNPVP.
(11b) The competent authorities of the UCITS home Member State should be competent to supervise compliance with the rules regarding the constitution and functioning of the UCITS, which should be subject to the law of the UCITS home Member State.
S tem namenom naj bi pristojni organi matične države članice KNPVP pridobivali podatke neposredno od družbe za upravljanje.
To this effect, the competent authorities of the UCITS home Member State should be able to obtain information directly from the management company.
Uvodna izjava 11c (novo)
Recital 11c (new)
(11c) Da bi preprečili nadzorno arbitražo in spodbudili zaupanje v učinkovitost nadzora, ki ga izvajajo pristojni organi matične države članice, bi moral biti eden od pogojev za izdajo dovoljenja KNPVP ta, da se njegovo trženje v matični državi članici ne prepreči na noben pravni način.
(11c) In order to prevent supervisory arbitrage and to promote confidence in the effectiveness of supervision by competent authorities of the home Member State, a requirement for authorisation of a UCITS should be that it is not prevented in any legal way from being marketed in its home Member State.
To ne vpliva na pravico KNPVP, da po izdaji dovoljenja izbere državo članico, v kateri se bodo v skladu s to direktivo tržile njegove enote premoženja.
This does not affect the free dom of the UCITS , once authorised, to choose the Member State(s) where its units are to be marketed in accordance with this Directive.
(11d) Če KNPVP upravlja družba za upravljanje, ki ji je bilo izdano dovoljenje v državi članici, ki ni matična država članica KNPVP, družba za upravljanje sprejme ustrezne postopke in ureditve, da zagotovi ustrezno obravnavo pritožb vlagateljev, npr. z ustreznimi določbami v zvezi z razširjanjem ali posredovanjem naslova v matični državi članici KNPVP, ki ni nujno naslov družbe za upravljanje.
(11d ) In the event that the UCITS is managed by a management company authorised in a Member S tate other than the UCITS home Member State, that management company should set up appropriate procedures and arrangements adopted by the management company to deal with investor complaints, e.g. through appropriate provisions in distribution arrangements or through an address in the UCITS home Member State, which need not be an address of the management company itself.
Prav tako mora sprejeti ustrezne postopke in ureditve, da na zahtevo javnosti ali pristojnih organov iz matične države članice KNPVP omogoči dostop do informacij, npr. tako, da med zaposlenimi v družbi za upravljanje imenuje osebo, ki bo obravnavala zahteve po informacijah.
It should also set up appropriate procedures and arrangements to make information available at the request of the public or the competent authorities of the UCITS home Member State, e.g. through the designation of a contact person, from among the employees of the management company, for dealing with requests for information.
Vseeno pa zakoni matične države članice KNPVP ne smejo zavezovati družbe za upravljanje k imenovanju lokalnega predstavnika v tej državi članici, ki bi izpolnjeval te dolžnosti.
However, such management company should not be obliged by the law of the UCITS home Member State to have a local representative in that Member State in order to fulfil th o se duties.
Uvodna izjava 11 e (novo)
Recital 11 e (new)
(11e) Matični državi članici KNPVP je treba zagotoviti vsa sredstva za odpravljanje kršitev pravil KNPVP; v zvezi s tem mora imeti matična država članica KNPVP možnost, da sprejme preventivne ukrepe ali sankcije zoper družbo za upravljanje.
(11e) It is necessary to provide the UCITS home Member State with all means to remedy any breach in the rules of the UCITS; to that end, the UCITS home Member State should be able to take preventive measures as well as sanctions against the management company.
Kot zadnji ukrep mora imeti matična država članica KNPVP možnost, da od družbe za upravljanje zahteva prekinitev upravljanja KNPVP.
As a last resort, the UCITS home Member State should have the possibility to require the management company to cease managing the UCITS.
Države članice morajo poskrbeti za potrebne predpise, s katerimi v takem primeru zagotovijo urejeno upravljanje ali likvidacijo KNPVP.
Member States should provide for the necessary provisions so as to arrange for an orderly management or liquidation of the UCITS in such a case.
(15a) Da bi dolgoročno zagotovila enake pogoje in ustrezen nadzor, lahko Komisija preuči možnosti za uskladitev ureditev glede prenosa na ravni Skupnosti.
(15a) In order to ensure a level playing field and appropriate supervision in the long term, the Commission may examine the possibilities for harmonising delegation arrangements at Community level .
(18) Kljub potrebi po konsolidaciji med KNPVP, se združitve KNPVP soočajo z mnogimi zakonodajnimi in upravnimi težavami v Skupnosti.
(18) Despite the need for consolidation between UCITS, mergers of UCITS encounter many legislative and administrative difficulties in the Community.
Zato je treba za izboljšanje delovanja notranjega trga predpisati določbe Skupnosti, ki olajšujejo združitve med KNPVP (in njihovimi naložbenimi razdelki).
It is therefore necessary, in order to improve the functioning of the Internal Market, to lay down Community provisions facilitating mergers between UCITS (and investment compartments thereof).
Čeprav so nekatere države članice izdale dovoljenje le pogodbenim skladom, morajo zakoni posamezne države članice dovoliti in priznati združitve vseh vrst skladov (pogodbenih, podjetniških in vzajemnih skladov).
Although some Member States have authorised only contractual funds, mergers between all types of funds (contractual, corporate and unit trusts) should be allowed and recognised by the laws of each Member State.
Ta direktiva zajema tehnike združitev, ki so v državah članicah najpogosteje uporabljene.
This Directive covers those merger techniques which are most commonly used in the Member States.
Direktiva ne preprečuje, da bi KNPVP uporabili druge tehnike na nacionalni ali čezmejni podlagi.
It does not prevent UCITS from using other techniques on a domestic or cross-border basis.
Za takšne tehnike bodo še vedno veljale zadevne določbe nacionalnega prava.
These will however remain subject to the relevant provisions of national law.
Čeprav nekatere države članice lahko izdajo dovoljenje le pogodbenim skladom, morajo posamezne države članice dovoliti in priznati čezmejne združitve vseh vrst skladov (pogodbenih, podjetniških in vzajemnih skladov).
Although some Member States may authorise only contractual funds, cross - border mergers between all types of funds (contractual, corporate and unit trusts) should be allowed and recognised by each Member State.
To ne pomeni, da morajo države članice v svoje nacionalne režime uvesti nove pravne oblike KNPVP.
This does not require Member states to introduce new legal forms of UCITS into their national re gimes .
(18a) Direktiva zajema tiste tehnike združitev, ki so v državah članicah najpogosteje uporabljene.
(18a) This Directive covers those merger techniques which are most commonly used in Member States.
To ne pomeni, da morajo države članice v domačo zakonodajo vpeljati vse tri tehnike, pač pa, da bi morale priznati prenose sredstev, ki nastanejo s temi tehnikami.
It does not require Member States to introduce all three techniques into their national laws but each Member State should recogni s e a transfer of assets resulting from th o se merger techniques .
Direktiva ne preprečuje, da bi KNPVP uporabili druge tehnike na nacionalni podlagi v primerih, ko noben od združenih KNPVP ni bil obveščen o čezmejnem trženju svojih enot premoženja.
This Directive does not prevent a UCITS from using other techniques on a purely domestic basis, in situations where none of the UCITS concerned by the merger has been notified for cross border marketing of its units .
Za združitve bi morale še naprej veljati določbe nacionalnega prava.
Those mergers should remain subject to the relevant provisions of national law.
(19) Za zaščito interesov vlagateljev morajo države članice za predlagane združitve med KNPVP v njihovi pristojnosti ali na čezmejni podlagi še vedno zahtevati, da za njih velja izdaja dovoljenja s strani njihovih pristojnih organov.
(19) In order to safeguard investors' interests, Member States should require proposed mergers between UCITS either within their jurisdiction or on a cross-border basis to be subject to authorisation by their competent authorities.
Za čezmejne združitve morajo pristojni organi matične države članice KNPVP, ki ne bo več obstajal (KNPVP, ki se združuje), združitev odobriti, da se zagotovi ustrezna zaščita imetnikov enot premoženja, ki dejansko zamenjajo sklade.
For cross-border mergers, the competent authorities of the home Member State of the UCITS that will cease to exist ( the merging UCITS ) should approve the merger so as to ensure that the interests of the unit-holders who effectively change funds are duly protected.
Če združitev vključuje več kot en KNPVP, ki se združuje, in imajo takšni KNPVP sedež v različnih državah članicah, morajo pristojni organi posameznega KNPVP, ki se združuje, združitev odobriti v tesnem medsebojnem sodelovanju.
If the merger involves more than one merging UCITS and such UCITS are domiciled in different Member States, the competent authorities of each merging UCITS will need to approve the merger, in close cooperation with each other.
Treba je ustrezno zaščititi tudi koristi imetnikov premoženja KNPVP , ki še naprej obstaja po združitvi (KNPVP prejemnik) , zato jih morajo pristojni organi matične države članice KNPVP , ki se združuje, upoštevati pri odobritvi čezmejne združitve .
Since the interests of the unit-holders of the UCITS which continues to exist after the merger (the receiving UCITS ) also need to be adequately safeguarded, they should be taken into account by the competent authorities of the merging UCITS' home Member State when approving a cross-border merger .
Za čezmejne združitve morajo pristojni organi KNPVP, ki se združuje, združitev odobriti, da se zagotovi ustrezna zaščita imetnikov enot premoženja, ki dejansko zamenjajo sklade.
For cross-border mergers, the competent authorities of the merging UCITS should approve the merger so as to ensure that the interests of the unit-holders who effectively change funds are duly protected.