natgillin/translations-raw huggingface dataset:
d) Še več je treba storiti za spodbujanje standardizacije na področju izvedenih finančnih instrumentov in za to, da bi transakcije z izvedenimi finančnimi instrumenti, predvsem v zvezi z zamenjavami kreditnega tveganja, preverjale osrednje stranke.
d) The need to conduct further work to promote standardisation of derivatives and support the use of central counterparties to clear derivative transactions, in particular in what regards credit default swaps.
Drugič, pobude na področju zakonodaje, namenjene krepitvi sposobnosti institucionalnega okvira EU za preprečevanje prihodnjih kriz in krizno upravljanje.
Second, regulatory initiatives aimed to enhance the capability of the EU institutional framework for preventing and managing future crises.
Zaradi vedno večje medsebojne odvisnosti med nacionalnimi finančnimi sistemi in potrebe po zaščiti procesa finančne integracije EU so na ravni EU potrebni ustrezni ukrepi za rešitev morebitnega sistemskega vpliva čezmejnih finančnih institucij, ki se znajdejo v težavah.
The greater interdependencies between national financial systems and the need to safeguard the process of EU financial integration require appropriate action at EU level to address the possible systemic impact of failing cross-border financial institutions.
Zato je treba podpreti trenutne predloge Komisije za razvoj okvirja za reševanje na ravni EU in za premostitev ovir, ki preprečujejo učinkovito krizno upravljanje čezmejnih finančnih institucij EU.
Therefore, the current reflections of the Commission for developing an EU resolution framework and addressing obstacles to the effective crisis management of EU cross-border financial institutions should be supported.
Delo mora biti usmerjeno k naslednjim prednostnim nalogam: (i) razvoj minimalne zbirke orodij za nacionalne pristojne organe, namenjene reševanju problemov v banki, ki se znajde v težavah, ne da bi se pri tem nujno obrnili na javno podporo, in če je to primerno, likvidaciji banke brez negativnih vplivov na finančno stabilnost; (ii) okrepljeno usklajevanje in sodelovanje med nacionalnimi organi, predvsem kar zadeva ravnanje s čezmejnimi skupinami.
The work should aim at the following priorities: (i) the development of a minimum toolkit for national competent authorities to address problems in an ailing bank, without necessarily resorting to public support, and when deemed appropriate, liquidate the bank without negative effects on financial stability; (ii) enhanced coordination and cooperation among national authorities, in particular when dealing with cross-border groups.
Gledano kratkoročno, bi moral razvoj na področju zakonodaje vključevati usklajevanje sistemov zajamčenih vlog, v katerem bi moralo biti med drugim predvideno predhodno financiranje in financiranje na podlagi tveganja, skupaj s kredibilnim naknadnim financiranjem, ki bi se aktiviralo po potrebi.
In the shorter term, the legislative developments should include the harmonisation of Deposit Guarantee Schemes, foreseeing, inter alia, ex-ante and risked-based funding, complemented by credible ex-post funding to be activated when necessary.
Poleg funkcije nadomestil v primeru stečaja finančne institucije (funkcija „pay-box“) bi bilo treba v fazi reševanja razmisliti tudi o vlogi sistemov zajamčenih vlog.
In complement to the pay-box function, the role of Deposit Guarantee Schemes in the resolution phase should also be considered.
Vzpostavitev obsežnejšega okvira EU za krizno upravljanje in reševanje bi bila ključnega pomena pri krepitvi enotnega trga za finančne storitve, saj bi tako omejili spodbude nacionalnih oblasti, da zaščitijo domače komponente finančnih institucij v težavah.
The establishment of a more comprehensive EU framework for crisis management and resolution would be essential to strengthen the single market for financial services as it will limit the incentives of national authorities to ring-fence the domestic components of an ailing financial institutions.
Vendar bi se pri tem delu morali soočiti z ogromnimi izzivi, kot so trenutne razlike v pravnih ureditvah, ki veljajo za reševanje kriz med državami članicami.
However, this work would have to address tremendous challenges, such as the current differences in the legal regimes applicable to crisis resolution across Member States.
Spomnim se, da je ECOFIN 2. decembra 2009 Ekonomsko-finančni odbor pozval, da nadaljuje s svojim delom na okviru za usklajevanje politik za krizno upravljanje na ravni EU, vključno z vprašanjem o delitvi bremen, in da na spomladanskem zasedanju Sveta predstavi konkretne predloge.
I recall that the ECOFIN on 2 December 2009 invited the Economic and Financial Committee to continue its work on an EU policy coordination framework for crisis management, including the issue of burden sharing, and present concrete proposals to the Council in spring 2010.
Prepričan sem, da bo Eurosistem prispeval k tovrstnim razpravam, da bi opredelili pristop k delitvi bremen, ki bo prispeval k zmanjšanju moralno tveganje.
I am sure the Eurosystem will contribute to such discussions in order to define an approach to burden sharing that would contribute to reducing moral hazard.
Bistvenega pomena bi bilo sprejetje konsenza o ciljih, ki jih je treba doseči, in o načrtu ukrepov, ki jih je treba sprejeti, da jih dosežemo.
It would be crucial to set out a consensus about the objectives to be reached and a roadmap of actions to be undertaken to achieve them.
Kako ocenjujete trenutno stopnjo konsolidacije finančnih storitev v EU in kaj lahko po vašem mnenju pričakujemo na tem področju v prihodnje?
How do you assess the current level of consolidation in financial services in the EU and what is your view on future prospects in this regard?
Če sklepamo po zadnjih razpoložljivih strukturnih kazalnikih za bančni sektor EU (tj. številke za 2008), se konsolidacija bančnega sektorja nadaljuje.
According to latest available structural indicators for the EU banking sector (i.e. 2008 figures), consolidation in the banking sector is continuing.
Vendar pa to pomeni, da se tudi koncentracija na trgu zvišuje, pri čemer so trgi majhnih držav bolj koncentrirani od tistih v večjih državah.
However, this has also meant that market concentration is increasing, with the smaller countries generally having more concentrated markets than the larger ones.
Na bančnem zemljevidu EU so še naprej prevladovale domače kreditne institucije in celo povečale svoj tržni delež na račun tujih podružnic.
Domestic credit institutions continued to dominate the EU banking landscape and even increased their market share at the expense of foreign branches.
Nadaljevale so se občutne razlike med državami glede pomembnosti tujih subjektov, pri čemer v novih državah članicah EU prevladujejo tiste hčerinske družbe, katerih matične družbe prihajajo z euroobmočja.
Significant differences between countries continued with regard to the importance of foreign entities, with subsidiaries having a euro area parent being prevalent in the new EU Member States.
Dejavnosti združevanja in prevzemanja sta se v letu 2009 okrepili, a ostali na nizki ravni v primerjavi s prejšnjimi desetimi leti.
Merger and acquisition (M&A) activities increased in 2009 while remaining at low levels compared to the preceding ten years.
Največji porast so zabeležili lokalni in čezmejni dogovori.
Domestic and cross-border deals recorded the strongest increase.
Medtem ko so v preteklosti združevanja in prevzemanja motivirali predvsem strateški nameni, kot sta doseganje ekonomij obsega in vstopanje na nove trge, so v veliko transakcij, izvedenih v letih 2008 in 2009, bili vključeni subjekti, ki so utrpeli večje izgube ali se soočali s težavami glede likvidnosti.
While in the past M&A deals were mainly driven by strategic considerations, such as realising economies of scale and entering new markets, many of the transactions completed in 2008 and in 2009 involved entities that had incurred significant losses or faced liquidity strains.
Hkrati so prizadevanja po krepitvi kapitalskega položaja in večanju gotovinskih rezerv vodila v izločitev nekaterih ne-osrednjih dejavnosti v nova podjetja, bodisi poslovno bodisi na nove geografske lokacije.
At the same time, efforts to boost the capital position and cash reserves of certain credit institutions led to the spin-off of certain non-core activities, either in terms of business or geographical location.
Izraženo v skupni vrednosti transakcij združevanja in prevzemov so prevzemi v letu 2009 znatno upadli, le domači dogovori so zabeležili porast.
In terms of the total value of M&A transactions, acquisitions considerably declined in 2009, with only domestic deals recording an increase.
Omeniti je treba tudi, da je sodelovanje vlad v kreditnih institucijah povzročilo občuten premik v lastniški strukturi nekaterih glavnih kreditnih institucij v EU.
It should also be noted that the participation of governments in credit institutions has constituted a significant shift in the ownership structure of some major credit institutions in the EU.
Vendar se glede na omejeno trajanje vladnih dokapitalizacijskih ukrepov pričakuje, da bo omenjeni premik le začasen in se bo lastniška struktura vrnila v začetno stanje, ko se bo finančno stanje teh institucij izboljšalo toliko, da bodo lahko spet delovale samostojno.
However, due to the limited duration of government recapitalisation measures, it is expected that this shift in ownership will be temporary and that it will be reversed as the financial condition of these institutions, on a stand-alone basis, recovers.
Kar zadeva oceno vzorcev konsolidacij, jo je treba podati glede na njen vpliv na učinkovitost in trdnost posameznih bank, na konkurenco v bančnem sektorju in na finančno stabilnost finančnega sektorja bolj na splošno.
As to the assessment of consolidation patterns, this has to be viewed in terms of its impact on the efficiency and soundness of individual banks, on competition in the banking sector and on financial stability in the financial sector more generally.
V obsegu, v kolikšnem so zadnje konsolidacijske dejavnosti v bančnem sektorju prispevale k povečevanju donosnosti bank in krepitvi njihove odpornosti na pretrese, jih lahko razumemo kot pozitivne.
To the extent that recent consolidation activities in the banking sector have contributed to increasing the profitability of banks and strengthening their resilience to shocks, they can be viewed as positive.
Pri presojanju, kaj za konsolidacijo prinaša prihodnost, je pomembno upoštevati široko razširjeno prepričanje, da je bil vpliv bančnega sektorja v obdobju pred krizo premočan.
In assessing the future prospects for consolidation, an important consideration is the widespread consensus that the pre-crisis levels of banking sector leverage were excessive.
Tako je moč pričakovati, da bo z napredujočim popuščanjem moči finančnih vzvodov donosnost bančnega sistema (izražena kot vračanje kapitalskega deleža) vsaj na srednji rok nižja kot v bližnji preteklosti.
Hence, it can be expected that as de-leveraging proceeds the profitability of the banking system (in terms of return on equity) will be lower return than in the recent past, at least at the medium term.
Banke bodo zato najverjetneje iskale nove možnosti povečevanja donosnosti.
Banks are therefore likely to look for new drivers of profitability.
Konsolidacija bi lahko predstavljala zanimiv način za dosego tega cilja za tiste banke, ki iz krize izhajajo kot najmočnejši igralci, saj jim bodo prevzemi pod razmeroma cenovno dosegljivimi pogoji, zahvaljujoč ekonomiji obsega, potencialno omogočili doseganje večje donosnosti na dolgi rok.
Consolidation may represent an attractive way to accomplish this objective for those banks which are emerging as the strongest players from the crisis, as acquisitions at relatively affordable prices will potentially be a way to achieve higher profitability in the long term – thanks to economies of scale.
V tem pogledu lahko pričakujemo nadaljevanje trendov združevanja in prevzemanja tudi po krizi.
In that respect, M&A trends may be expected to continue after the crisis too.
V naslednjih nekaj letih je mogoče pričakovati tudi združevanja kot rešilni ukrep za banke v težavah.
Mergers can also occur in the next few years as a rescue measure of troubled banks.
Kot je bilo navedeno, veliko tistih razlogov, ki omogočajo napoved, da bomo v bližnji prihodnosti priča nadaljevanju konsolidacije, upravičuje tudi sklep, da bo le-ta imela za posledico bolj učinkovit in odporen bančni sistem.
As indicated, many of the reasons that validate the prediction that we will see further consolidation in the near future justify also the conclusion that this will lead to a more efficient and resilient banking system.
Po drugi strani bi lahko koncentriranje sektorja ustvarilo več institucij, „prevelikih, da bi padle“, zaradi česar je še bolj nujno izvajati ukrepe, ki omogočajo spopadanje s težavami, ki jih ustvarjajo te institucije.
On the other hand, the concentration of the sector may create more institutions «too big to fail» which makes it more pressing the need to implement the measures to address the problems that these institutions create.
Ali se ne bi morale različne odgovornosti članov odbora spreminjati, skladno s spremembami nalog in prednostnih nalog ECB?
Shouldn't the different responsibilities of Board members change with time, in line with the changes occurred in the ECB's tasks and priorities?
Izvršilni odbor ECB je kolegijski organ, ki sprejema odločitve; njegovo delovanje temelji na principu skupne odgovornosti, torej je izvršilni odbor v celoti skupno odgovoren za svoje odločitve in za celotno delovanje področij poslovanja ECB.
The Executive Board of the ECB is a collegiate decision-making body; its functioning is based on the principle of collective responsibility, i.e. the Executive Board in its entirety is collectively responsible for its decisions and the overall functioning of the ECB business areas.
Medtem ko iz praktičnih razlogov področja poslovanja poročajo posameznim članom izvršilnega odbora, ki nadzorujejo in vodijo njihovo delo, vse delovne enote upravljavsko vodi Izvršilni odbor kot celota.
While, for practical reasons, business areas report to individual Executive Board members who oversee and guide their work, all work units are placed under the managing direction of the Executive Board as a whole.
Kot se je že zgodilo v preteklosti, lahko izvršilni odbor od časa do časa revidira poti poročanja delovnih enot članom izvršilnega odbora in pripravo njegovih odločitev.
As has happened in the past the Executive Board may review, from time to time, the reporting lines to Executive Board members of work units and the preparation of its decisions.
Tovrstne občasne prilagoditve osebnih odgovornosti članov izvršilnega odbora prispevajo h krepitvi kolegijske narave izvršilnega odbora.
Such occasional adjustments in the individual responsibilities of Executive Board members contribute to strengthen the collegiate nature of the Executive Board.
V okviru tega se lahko portfelji članov izvršilnega odbora tekom njihovega mandata spremenijo.
In this context, the composition of the portfolios of Executive Board members can change during their term of office.
Vsaka odločitev v tem pogledu ostaja izključna odgovornost samega izvršilnega odbora.
Any decision in this respect remains the sole responsibility of the Executive Board itself.
Sam pripisujem skupinski naravi izvršilnega odbora velik pomen, saj najbolje zagotovi, da se izrazijo različni pogledi in da se pri sprejemanju odločitev ustrezno upošteva vsa razpoložljiva strokovna znanja, izkušnje in modrost.
I attach myself great value to the collective nature of the Executive Board as this best ensures that various perspectives are reflected and that all the available expertise, experience and wisdom are appropriately taken into account when making decisions.
Kakšen sistem se vam zdi primeren za zagotovitev pravičnega izmenjevanja članov izvršilnega odbora ECB tudi v smislu enakovredne zastopanosti različnih narodnosti?
What system do you think is appropriate to ensure an equitable rotation of membership on the ECB-executive board also in terms of nationalities?
· člane izvršilnega odbora „naj se imenuje med ljudmi z ugledom in s poklicnimi izkušnjami na monetarnem ali bančnem področju“;
· the members of the Executive Board “shall be appointed among persons of recognised standing and professional experience in monetary or banking matters”;
· „člani izvršilnega odbora so lahko samo državljani držav članic (euroobmočja)“.
· “only nationals of [euro area] Member States may be members of the Executive Board”.
Pogodba tako določa dve zahtevi: „usposobljenost“ in „državljanstvo (euroobmočja)“.
The Treaty thus establishes two requirements: “competence” and “[euro area] nationality”.
V pogodbi ni moč najti nobene druge opredelitve, ki bi odločala o sestavi Izvršilnega odbora ECB.
No other specification can be found in the Treaty as a determinant for the composition of the Executive Board of the ECB.
Imenovanja, ki bi temeljila na upoštevanju kriterijev, drugačnih od zgoraj navedenih zahtev, bi lahko bila v nasprotju z deli Pogodbe, ki določajo neodvisnost ECB.
Appointments which would be based on considerations other than the above requirements may also conflict with the Treaty provisions on the ECB’s independence.
Na srečanjih teles ECB, ki sprejemajo odločitve, sodelujejo vsi člani po svojih osebnih zmožnostih.
In the meetings of the ECB’s decision making bodies all members participate in their personal capacity.
Končno odločitev o imenovanju v Izvršilni odbor ECB sprejme Evropski svet (v katerem glasujejo le člani euroobmočja) po priporočilu Sveta ter po posvetovanju z Evropskim parlamentom in ECB.
The final decision on appointments to the ECB’s Executive Board is taken by the European Council (in which only euro area Members vote) upon a recommendation from the Council and following consultation of the European Parliament and the ECB.
Zaupam v to, da se zgornja pravila za imenovanje članov Izvršilnega odbora ECB v celoti upoštevajo.
I trust that the above principles for the appointment of members to the Executive Board of the ECB are fully respected.
Kakšno je vaše stališče glede potrebe po povečanju raznolikosti strokovnih izkušenj članov odbora ECB namesto opiranja izključno na predstavnike centralnih bank?
What is your view on the need to increase the diversity of backgrounds represented in the ECB board rather than relying solely on central bankers?
Kot sem omenil v odgovoru na prejšnje vprašanje, Pogodba in statut jasno opredeljujeta, da „naj se člane izvršilnega odbora izbere med ljudmi z ugledom in s poklicnimi izkušnjami na monetarnem ali bančnem področju“.
As mentioned in my reply to the previous question, the Treaty and the Statute are clear in stipulating that the members of the Executive Board “shall be appointed among persons of recognised standing and professional experience in monetary or banking matters”.
Ne preseneča, da predstavniki centralnih bank izpolnjujejo to zahtevo.
It does not come as a surprise that central bankers fulfil this requirement.
Hkrati pa ta pogoj nikakor ne izključuje imenovanja kandidatov, ki niso del skupnosti predstavnikov centralnih bank.
At the same time, this provision by no means excludes that appointment of candidates from outside the central banking community.
Dejstvo je, da imajo člani teles, ki sprejemajo odločitve, v večini centralnih bank – in ECB pri tem ni izjema – precej raznolike poklicne izkušnje in prihajajo s področja bančništva, iz akademskih krogov in s področja javne uprave.
As a matter of fact, in most central banks – and the ECB is no exception here - the background of members of the decision-making bodies is quite diverse and includes, for instance, professional experience in banking, academia and public administration.
Iz mojega življenjepisa ste razbrali, da to velja tudi zame.
You have seen from my own curriculum vitae that this also applies to me.
Menim, da je raznolikost strokovnih izkušenj članov kolektivnega telesa, ki sprejema odločitve, prednost pri upravljanju te institucije.
In my view, the diversity of backgrounds of members of a collegiate decision-making body is an asset for the governance of the institution.
Bi nam lahko predstavili svoje stališče glede koncepta demokratične odgovornosti, ko gre za ECB in centralno bančništvo nasploh?
Could you elaborate on your views on the concept of democratic accountability with regards to the ECB and central banking in general?
Za ohranitev legitimnosti mora biti neodvisna centralna banka tekom mandata za svoja dejanja odgovorna demokratičnim institucijam in širši javnosti.
To retain legitimacy, an independent central bank must be accountable to democratic institutions and the general public for its actions in the pursuit of its mandate.
Posebno v zadnjih nekaj desetletjih se vedno bolj spoznava, kako ključno je, da centralna banka med svojim mandatom ostaja neodvisna, in s tem je postala pomembnejša tudi narava demokratične odgovornosti.
With the increasing recognition, especially in the past few decades, that independence is crucial for a central bank to deliver on its mandate, the nature of democratic accountability has also become more important.
V skladu s tem se je odgovornost centralnih bank po svetu razvila v več različnih oblikah.
In this context, the accountability of central banks around the world has taken a number of different forms.
V Evropski uniji ima ECB jasen mandat in ga izvaja neodvisno, kot je navedeno v Pogodbi.
In the European Union, the ECB has a clear mandate and pursues it in an independent manner as provided for by the Treaty.
V Pogodbi je prav tako predvideno, da gre ta visoka stopnja neodvisnosti z roko v roki z demokratično odgovornostjo evropski javnosti in njenim neposredno izvoljenim predstavnikom, to je Evropskemu parlamentu.
Also foreseen in the Treaty is that this high degree of independence goes hand in hand with democratic accountability towards the European public and its directly elected representatives, that is, the European Parliament.
Tako so bile vpeljane številne natančno opredeljene poti za ohranjanje odgovornosti ECB, nenazadnje z rednim nastopanjem predsednika ECB pred Odborom za ekonomske in monetarne zadeve (ECON) in nastopi podpredsednika Evropske centralne banke in drugih članov izvršilnega odbora Evropske centralne banke.
A number of well defined ways have thus been established for holding the ECB accountable, not least with the regular appearances of the ECB’s President before the Economic and Monetary Affairs Committee (ECON), and further appearances by the ECB Vice-President and other members of the ECB Executive Board.
Omeniti velja, da slednje predstavitve predstavljajo tesnejšo obliko sodelovanja med ECB in Evropskim parlamentom, kot ga predvideva Pogodba, in moje stališče je, da je ta uveljavljena praksa zelo pozitiven element, ki ga pozdravlja tudi Evropski parlament.
It is notable that the latter hearings represent a closer form of cooperation between the ECB and the European Parliament than is foreseen in the Treaty and this established practice is, in my view, a very positive element and also welcome by the European Parliament.
Odgovornost ECB pomeni tudi obveznosti natančnega poročanja (člen 15 statuta ECB).
The ECB’s accountability also entails precise reporting obligations (Art. 15 of ECB Statute).
Poleg letnega poročila, predstavljenega Parlamentu (ter Svetu, Komisiji in Evropskemu svetu), mora ECB objavljati četrtletna poročila o aktivnostih Eurosistema.
Beyond the Annual Report presented to Parliament (and Council, Commission and European Council), the ECB is required to publish quarterly reports on the activities of the Eurosystem.
ECB se je odločila, da preseže zahteve Pogodbe, in poroča pogosteje, v obliki mesečnega biltena.
The ECB decided to go beyond these Treaty requirements and report more frequently in the form of the Monthly Bulletin.