natgillin/translations-raw huggingface dataset:
– ob upoštevanju utemeljenega mnenja švedskega parlamenta in britanskega spodnjega doma,
– having regard to the reasoned opinion of the Swedish Riksdag and the British House of Commons,
UL C 99, 31.3.2011, str.
OJ C 99, 31.3.2011, p.
– ob upoštevanju poročila Odbora za ekonomske in monetarne zadeve ter mnenja Odbora za pravne zadeve ( A7-0167/2011 ),
– having regard to the report of the Committee on Economic and Monetary Affairs and the opinion of the Committee on Legal Affairs ( A7-0167/2011 ),
2.. poziva Komisijo, naj zadevo ponovno predloži Parlamentu, če namerava svoj predlog bistveno spremeniti ali nadomestiti z drugim besedilom;
Calls on the Commission to refer the matter to Parliament again if it intends to amend its proposal substantially or replace it with another text;
(5) Vlagatelji morda niso seznanjeni z morebitnimi omejitvami dovoljenj investicijskih podjetij, zato jih je treba zaščititi v primerih, ko investicijska podjetja kršijo svoje dovoljenje, zlasti tako da hranijo sredstva stranke ali storitve določeni vrsti strank zagotavljajo v nasprotju s pogoji svojega dovoljenja.
(5) Investors may not be aware of any limits of investment firms' authorisations , thus it is necessary to protect them in situations in which investment firms act in breach of their authorisation notably by holding client assets or providing services to a particular type of client contrary to the conditions of their authorisation.
Zato morajo sheme pokrivati sredstva strank, ki jih investicijska podjetja dejansko hranijo v zvezi s kakršnim koli investicijskim poslom.
Therefore, schemes should cover clients' assets which are de facto held by investment firms in connection with any investment business.
(5) Vlagatelji morda niso seznanjeni z neobstojem ali omejenostjo dovoljenj investicijskih podjetij, zato jih je treba zaščititi v primerih, ko investicijska podjetja kršijo svoje dovoljenje ali poslujejo brez njega , zlasti tako da hranijo sredstva stranke ali storitve določeni vrsti strank zagotavljajo v nasprotju s pogoji svojega dovoljenja ali brez njega .
(5) Investors may not be aware of lacking or limited authorisations of investment firms , thus it is necessary to protect them in situations in which investment firms act without or in breach of their authorisation notably by holding client assets or providing services to a particular type of client without or contrary to the conditions of their authorisation.
(8) Ker je kritje odškodnine na podlagi Direktive 94/19/ES zdaj večje kot na podlagi te direktive, je treba vlagateljem v primerih, ko bi sredstva, ki jih hranijo banke, spadala na področje uporabe direktiv 94/19/ES in 97/9/ES, zagotoviti največjo zaščito.
(8) As the compensation coverage under Directive 94/19/EC is now higher than the one under this Directive, it is necessary to provide the highest protection to investors in cases where both Directives 94/19/EC and 97/9/EC could cover assets held by banks .
Zato mora v teh primerih vlagatelj odškodnino prejeti na podlagi Direktive 94/19/ES.
Therefore, in those cases, the investor should be compensated under Directive 94/19/EC.
(8) V primerih, ko bi sredstva, ki jih hranijo banke, spadala na področje uporabe direktiv 94/19/ES in 97/9/ES, morajo vlagatelji odškodnino prejeti na podlagi Direktive 94/19/ES.
(8) In cases where assets held by banks could be covered by Directives 94/19/EC and 97/9/EC , investors should be compensated under Directive 94/19/EC.
(9) Za izterjavo sredstev, ki se plačajo za odškodnino, je treba shemam, ki vlagateljem izplačajo odškodnino zaradi plačilne nesposobnosti depozitarja ali tretje osebe, zagotoviti pravico do zamenjave za pravice vlagatelja , investicijskega podjetja ali kolektivnih naložbenih podjemov za vlaganja v prenosljive vrednostne papirje (v nadaljnjem besedilu: KNPVP) v postopkih likvidacije za zneske, ki so enaki njihovim plačilom.
(9) In order to be able to recover the funds paid for compensation, schemes making payments to compensate investors for failure of a depositary or a third party should have the right of subrogation to the rights of the investor , investment firm or undertakings for collective investment in transferable securities (hereinafter referred to as "UCITS") in liquidation proceedings for amounts equal to their payments.
Namen te direktive ne sme biti zmanjšanje odgovornosti investicijskih podjetij ali KNPVP , da izterjajo sredstva od depozitarja ali skrbnika.
This Directive should not be intended to diminish the responsibility of investment firms or UCITS to recover assets from a depositary or custodian.
(9) Za izterjavo sredstev, ki se plačajo za odškodnino, je treba shemam, ki vlagateljem izplačajo odškodnino zaradi plačilne nesposobnosti depozitarja ali tretje osebe, zagotoviti pravico do zamenjave za pravice vlagatelja ali investicijskega podjetja v postopkih likvidacije za zneske, ki so enaki njihovim plačilom.
(9) In order to be able to recover the funds paid for compensation, schemes making payments to compensate investors for failure of a depositary or a third party should have the right of subrogation to the rights of the investor or investment firm in liquidation proceedings for amounts equal to their payments.
Namen te direktive ne sme biti zmanjšanje odgovornosti investicijskih podjetij, da izterjajo sredstva od depozitarja ali skrbnika.
This Directive should not be intended to diminish the responsibility of investment firms to recover assets from a depositary or custodian.
(10) Direktiva 2009/65/ES Evropskega parlamenta in Sveta z dne 13. julija 2009 o usklajevanju zakonov in drugih predpisov o kolektivnih naložbenih podjemih za vlaganja v prenosljive vrednostne papirje (KNPVP) določa, da sredstva KNPVP hrani depozitar.
(10) Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) requires the UCITS' assets to be safe kept by a depositary.
Če depozitar ali eden od njegovih podskrbnikov ni plačilno sposoben in ne more vrniti finančnih instrumentov, ki jih hrani, to vpliva na vrednost enot premoženja ali delnic KNPVP .
If the depositary or one of its subcustodians defaults and is unable to return the financial instruments held in custody , this affects the value of the UCITS units or shares .
Da se v tem primeru poveča zaščita, morajo biti imetniki enot premoženja in delnic KNPVP upravičeni do enake ravni zaščite, kot če bi vlagali neposredno v zadevne finančne instrumente, kadar subjekt, ki hrani finančne instrumente, teh ne more vrniti.
In order to increase protection in this situation, unit and share holders in UCITS should benefit from the same level of protection as if they were investing directly into the financial instruments concerned, should the entity holding the financial instruments become unable to return them.
Imetniki enot premoženja in delnic KNPVP morajo zaradi izgube vrednosti KNPVP prejeti odškodnino.
Unit holders and share holders in UCITS should receive compensation for the loss of value of the UCITS.
Hkrati morajo imeti možnost, da ohranijo enote premoženja ali delnice UCITS in s tem pravico, da se jim izplačajo, ko se jim zdi to primerno.
At the same time, they should be able to keep the UCITS units or shares in order to preserve their right to redeem them when they consider this is adequate.
V letu 2011 bo Komisija pripravila predloge za spremembo Direktive 2009/65/ES, da se pojasni obveznost depozitarja, če depozitar ali eden od njegovih podskrbnikov ni plačilno sposoben in ne more vrniti finančnih instrumentov, ki jih hrani.
During 2011, the Commission will make proposals to amend Directive 2009 / 65 /EC to clarify the depositary's liability where the depositary or one of its sub - custodians defaults and is unable to return the financial instruments held in custody.
Po dokončanju revizije Direktive 2009/65/ES bi morala Komisija analizirati, v katerih razmerah plačilna nesposobnost depozitarja ali podskrbnika KNPVP lahko vpliva na vrednosti enot premoženja ali delnic KNPVP.
After completing its review of Directive 2009/65/EC, the Commission should analyse in which situations the failure of a UCITS depositary or a sub-custodian could affect the value of the UCITS units or shares.
Ta analiza se mora predložiti Evropskemu parlamentu in Svetu skupaj z zakonodajnimi predlogi, če je potrebno.
Th at analysis should be submitted to the European Parliament and to the Council, together with legislative proposals if necessary.
Obseg kritja za KNPVP ni določen v primerih goljufij.
The scope of coverage for UCITS is not specified in cases of fraud.
Pričakuje se, da bo Komisija predlagala predloge sprememb o obveznostih depozitarjev v teku leta 2011.
Amendments to depositaries´ liabilities are expected to be proposed by the Commission in the course of 2011.
Potrebo po razširitvi področja uporabe Direktive o odškodninskih shemah za vlagatelje, da bi se vanjo vključili tudi skladi KNPVP, je treba podrobneje preučiti, ob upoštevanju spremenjene direktive o KNPVP.
The need to extend the scope of ICSD to cover UCITS funds requires further investigation with regard to the amended UCITS Directive.
(12) Minimalna raven odškodnine je bila določena leta 1997 in se od takrat ni spremenila.
(12) The minimum level of compensation was established in 1997 and has not been modified since then.
To raven je treba povečati na 50 000 EUR , da se upošteva razvoj na finančnih trgih in v zakonodajnem okviru Unije.
This level should be increased to EUR 50 000 in order to take into account developments in the financial markets and in the Union legislative framework.
Pri tem znesku se upoštevajo učinki inflacije v Uniji in potreba po boljši uskladitvi ravni odškodnine s povprečno vrednostjo naložb malih vlagateljev v državah članicah.
This amount takes into account the effects of inflation in the Union and the need to better align the level of compensation with the average value of investments held by retail clients in the Member States.
Za povečanje zaščite vlagateljev je treba odpraviti obstoječo možnost držav članic, da omejijo kritje za sredstva v valutah, ki niso valute držav članic, ali taka sredstva iz kritja izključijo.
In order to increase the protection provided to investors, it is necessary to remove the existing option for Member States to limit or exclude from cover funds in currencies other that those of the Member States.
To raven je treba povečati na 100.000 EUR , da se upošteva razvoj na finančnih trgih in v zakonodajnem okviru Unije.
This level should be increased to EUR 100 000 in order to take into account developments in the financial markets and in the Union legislative framework.
Varstvo potrošnikov je treba izboljšati.
Consumer protection should be raised.
Večje jamstvo bi olajšalo čezmejno konkurenco in koristilo interesom vlagateljev.
A higher guarantee would facilitate cross-border competition and serve in the interest of investors.
Če se prag odškodnin uskladi v čim večji možni meri in določi v višini 100 000 EUR, bi morala samo ena država EU znižati sedanji maksimalni znesek odškodnine.
If the compensation threshold is “maximum harmonized” and set at EUR 100 000 only one EU country would be forced to lower the present maximum compensation amount.
Če se znesek določi v višini 50.000 EUR, bi morale tri države znižati svoje maksimalne zneske odškodnin.
If the amount was set at EUR 50 000, three countries would have to lower their maximum compensation amounts.
(13) Da se zagotovi izplačilo odškodnine vlagateljem na podlagi te direktive in primerljiva raven zaščite vlagateljev v različnih državah članicah, je treba sprejeti skupna pravila za financiranje shem.
(13) In order to ensure investors receive the compensation provided for under this Directive and a comparable level of investor protection across Member States, it is necessary to introduce common rules governing the funding of the schemes.
Sheme morajo biti financirane sorazmerno z njihovimi obveznostmi.
The schemes should be financed in proportion to their liabilities.
Zagotoviti je treba ustrezno raven vnaprejšnjega financiranja, pri čemer morajo sheme vzpostaviti ustrezno ureditev za ocenjevanje in doseganje ciljne ravni finančnih sredstev pred nastankom morebitnega izgube v smislu Direktive 97/9/ES.
An appropriate level of pre-funding should be ensured and the schemes should have in place adequate arrangements to assess and reach their target funding level prior to the occurrence of any loss event relevant under Directive 97/9/EC.
Skupno minimalno ciljno raven finančnih sredstev je treba doseči v desetih letih .
A common minimum target fund level should be reached within a ten-year period.
(13) Da se zagotovi izplačilo odškodnine vlagateljem na podlagi Direktive 97/9/EC in primerljiva raven zaščite vlagateljev v različnih državah članicah, je treba sprejeti skupna pravila za financiranje shem.
(13) In order to ensure investors receive the compensation provided for under Directive 97/9/EC and a comparable level of investor protection across Member States, it is necessary to introduce common rules governing the funding of the schemes.
Skupno minimalno ciljno raven finančnih sredstev je treba doseči čim prej in v vsakem primeru v petih letih .
A common minimum target fund level should be reached as soon as possible and in any event within a five-year period.
(15) Delovanje shem se med državami članicami trenutno zelo razlikuje, zato je cilj te direktive zagotoviti dodatno usklajevanje in hkrati državam članicam dopustiti nekaj prožnosti, kar zadeva podrobno organizacijo shem.
(15) The functioning of the schemes is currently highly differentiated in Member States and this Directive aims at introducing further harmonisation while leaving some flexibility to Member States as to the detailed organisation of the schemes.
Komisijo je treba v skladu s členom 290 Pogodbe pooblastiti za sprejemanje delegiranih aktov o nekaterih bistvenih elementih delovanja shem.
The Commission should be empowered to adopt delegated acts on certain essential features of the functioning of schemes in accordance with Article 290 of the Treaty.
Sprejeti je treba zlasti delegirane akte v zvezi z metodo za določitev potencialnih obveznostih shem, alternativnimi sporazumi o financiranju, ki jih morajo sheme skleniti za pridobitev kratkoročnih finančnih sredstev, kadar je to potrebno, merili za določitev prispevkov subjektov, vključenih v sheme, ter v zvezi z dejavniki, ki jih je treba upoštevati pri oceni, ali lahko dodatni prispevki ogrozijo stabilnost finančnega sistema držav članic.
In particular the delegated acts should be adopted in respect of the method to determine the potential liabilities of the schemes, the alternative funding arrangements that schemes must have in place to be able, where necessary, to obtain short term funding, the criteria to determine the contributions by entities covered by the schemes and the factors to be considered in assessing the ability of additional contributions to not jeopardise the stability of the financial system of a Member States.
Pristojnost za sprejemanje aktov v skladu s členom 290 Pogodbe o delovanju Evropske unije (PDEU) v zvezi z nekaterimi bistvenimi elementi delovanja shem se prenese na Komisijo.
The power to adopt acts in accordance with Article 290 of the Treaty on the Functioning of the European Union (TFEU) should be delegated to the Commission in respect of certain essential features of the functioning of schemes.
Sprejeti je treba zlasti delegirane akte v zvezi z metodo za določitev potencialnih obveznostih shem, alternativnimi sporazumi o financiranju, ki jih morajo sheme skleniti za pridobitev kratkoročnih finančnih sredstev, kadar je to potrebno, merili za določitev prispevkov subjektov, vključenih v sheme, ter v zvezi z dejavniki, ki jih je treba upoštevati pri oceni, ali lahko dodatni prispevki ogrozijo stabilnost finančnega sistema držav članic.
In particular, delegated acts should be adopted in respect of the method to determine the potential liabilities of the schemes, the alternative funding arrangements that schemes must have in place to be able, where necessary, to obtain short term funding, the criteria to determine the contributions by entities covered by the schemes and the factors to be considered in assessing the ability of additional contributions to not jeopardise the stability of the financial system of a Member State.
Za določitev pogojev za uporabo določb v zvezi s financiranjem shem mora evropski nadzorni organ ( Evropski organ za vrednostne papirje in trge ) , ustanovljen z Uredbo št. 1095/2010 Evropskega parlamenta in Sveta 1 (ESMA) , pripraviti osnutke izvedbenih tehničnih standardov glede podatkov, ki jih morajo objaviti sheme.
In order to determine the conditions of application of the provisions concerning the financing of the schemes, the European Supervisory Authority ( European Securities and Markets Authority ) established by Regulation No 1095/2010 of the European Parliament and of the Council 1 (ESMA) should develop draft implementing technical standards relative to the details to be made public by the schemes.
Uskladitev z uredbo o Evropskem organu za vrednostne papirje in trge.
Alignment with ESMA Regulation.
(16a) Nacionalni finančni nadzorni organi morajo tesno sodelovati med seboj in z Evropskim organom za vrednostne papirje in trge, da se zazna in prepreči goljufijo, nedopustne upravne postopke ali operativne napake investicijskih podjetij v Uniji.
(16a) National financial supervisory authorities should cooperate closely with each other and with ESMA to detect and prevent fraud, administrative malpractices and operational errors of investment firms in the Union .
Sodelovanje med nadzornimi organi držav članic in Evropskim organom za vrednostne papirje in trge je izrednega pomena za izsleditev goljufij in slabega upravljanja med investicijskimi podjetji.
Cooperation between Member States supervisor y authorities and ESMA is of great importance in order to track fraud and misconduct among investment firms.
(16b) Države članice bi morale spodbujati institucionalizirani dialog med varuhi potrošnikov, organi, nadzornimi organi in odškodninskimi shemami za vlagatelje, da se preprečijo nadaljnji odškodninski primeri.
(16b) The Member States should encourage an institutionalised dialogue between consumer protectors, authorities, supervisory authorities and investor compensation schemes to prevent further compensation cases.
Države članice bi morale določiti okvir za dialog, s katerim bodo odkrivale težave v začetni fazi in o težavah, kot so nefunkcionalne tržne prakse, vpadljivi ponudniki, proizvodi ali strukture družb, poročale nadzornim organom in odškodninskim shemam za vlagatelje.
The Member States should establish a dialogue framework to detect problems at an early stage and report problems such as dysfunctional market practices, conspicuous providers, products or company structures to supervision and investor compensation schemes.
(17) Mehanizem posojil ne sme posegati v fiskalne pristojnosti držav članic.
(17) The borrowing mechanism should not impinge any fiscal responsibility of the Member States.
Shemam, ki si izposojajo, je treba omogočiti posojila, zagotovljena s to direktivo, ko so že izčrpale sredstva, zbrana za doseganje ciljne ravni finančnih sredstev, in svoje člane pozvale k vplačilu dodatnih prispevkov.
The borrowing schemes should be able to make recourse to the borrowing possibility provided for in this directive after exhausting the funds collected to reach the target fund level and the additional calls for contribution to their members.
Evropski organ za vrednostne papirje in trge mora ob upoštevanju nadzora odškodninskih shem za vlagatelje, ki ga opravljajo države članice, prispevati k doseganju cilja, tako da investicijskim podjetjem in KNPVP olajša njihove dejavnosti ter hkrati zagotavlja učinkovito zaščito vlagateljev.
While respecting the supervision of investor-compensation schemes by Member States, ESMA should contribute to the achievement of the objective of making it easier for investment firms and UCITS to pursue their activities while at the same time ensuring effective protection for investors.
Zato mora Evropski organ za vrednostne papirje in trge potrditi, da so pogoji za posojila med odškodninskimi shemami za vlagatelje iz te direktive izpolnjeni, ter v okviru natančnih mejnih vrednosti iz te direktive navesti zneske, ki jih posodi posamezna shema, začetno obrestno mero in trajanje posojila.
To that end, ESMA should confirm that the conditions of borrowing between investor-compensation schemes laid down in this Directive are fulfilled and state, within the strict limits set by this Directive, the amounts to be lent by each scheme, the initial interest rate as well as the duration of the loan.
V zvezi s tem mora ta organ zbirati tudi podatke o odškodninskih shemah za vlagatelje, zlasti glede zneska kritih denarnih sredstev in finančnih instrumentov v vsaki shemi, ki ga potrdijo pristojni organi.
In this respect, ESMA should also collect information on investor-compensation schemes, in particular on the amount of covered monies and financial instruments in each scheme, confirmed by competent authorities.
O obveznosti dajanja posojil mora obvestiti druge odškodninske sheme za vlagatelje.
It should inform the other investor-compensation schemes about their obligation to lend.
Evropski organ za vrednostne papirje in trge mora ob upoštevanju nadzora odškodninskih shem za vlagatelje, ki ga opravljajo države članice, prispevati k doseganju cilja, tako da investicijskim podjetjem olajša njihove dejavnosti ter hkrati zagotavlja učinkovito zaščito vlagateljev.
While respecting the supervision of investor-compensation schemes by Member States, ESMA should contribute to the achievement of the objective of making it easier for investment firms to pursue their activities while at the same time ensuring effective protection for investors.
Zato mora Evropski organ za vrednostne papirje in trge potrditi, da so pogoji za posojila med odškodninskimi shemami za vlagatelje iz Direktive 97/9/ES izpolnjeni, ter v okviru natančnih mejnih vrednosti iz te direktive navesti zneske, ki jih posodi posamezna shema, začetno obrestno mero in trajanje posojila.
To that end, ESMA should confirm that the conditions of borrowing between investor-compensation schemes laid down in Directive 97/9/EC are fulfilled and state, within the strict limits set by this Directive, the amounts to be lent by each scheme, the initial interest rate as well as the duration of the loan.
(22) Direktiva 97/9/ES državam članicam dovoljuje, da poklicne in institucionalne vlagatelje izključijo iz kritja, vendar ustrezen seznam ni usklajen z razvrstitvijo strank investicijskih podjetij iz Direktive 2004/39/ES.
(22) Directive 97/9/EC allows Member States to exclude professional and institutional investors from cover but the relevant list is not aligned with the classification of clients of investment firms under Directive 2004/39/EC.
Za zagotovitev usklajenosti med direktivama 97/9/ES in 2004/39/ES, poenostavitev ocene za odškodninske sheme in omejitev morebitnega izključevanja v primeru družb le na velika podjetja se mora Direktiva 97/9/ES nanašati na vlagatelje, ki se na podlagi Direktive 2004/39/ES štejejo za poklicne stranke.
In order to ensure consistency between Directives 97/9/EC and 2004/39/EC, to simplify the assessment for compensation schemes and to limit the possible exclusion, in the case of enterprises, only to large undertakings, Directive 97/9/EC should refer to investors who are considered as professional clients according to Directive 2004/39/EC.
Da se zagotovi primerna raven varstva za vse ustrezne vlagatelje, bi morale imeti države članice pravico vključiti v področje uporabe Direktive 97/9/ES mikro podjetja, neprofitne organizacije in lokalne javne organe.
In order to ensure an appropriate level of protection for all relevant investors, Member States should have the right to include micro-entities, non-profit organisations and public local authorities in order to bring them within the scope of Directive 97/9/EC .