natgillin/translations-raw huggingface dataset:
Evropski organ za vrednostne papirje in trge mora pomagati pri pripravi takšnih tehničnih standardov , če ti veljajo tudi za politike prejemkov za osebe, udeležene pri zagotavljanju investicijskih storitev in izvajanju investicijskih dejavnosti kreditnih institucij in investicijskih podjetij v smislu Direktive 2004/39/ES Evropskega parlamenta in Sveta z dne 21. aprila 2004 o trgih finančnih instrumentov.
The European Securities and Markets Authority should assist in the elaboration of such technical standards to the extent that they also apply to remuneration policies for persons involved in the provision of investment services and the carrying out of investment activities by credit institutions and by investment firms within the meaning of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments.
Evropski bančni organ izvede odprta javna posvetovanja o tehničnih standardih in analizira morebitne s tem povezane stroške in koristi.
The EBA should conduct open public consultations regarding the technical standards and analyse the potentially related costs and benefits.
(11) Ker lahko slabo zasnovane politike prejemkov in sistem spodbud do nesprejemljive ravni povečajo tveganja, ki so jim izpostavljene kreditne institucije in investicijska podjetja, je primerno, da pristojni organi zadevnim subjektom naložijo kvalitativne ali kvantitativne ukrepe, ki so namenjeni rešitvi težav, ugotovljenih v zvezi s politikami prejemkov v nadzorniškem pregledu „stebra 2“.
(11) Since poorly designed remuneration policies and incentive schemes are capable of increasing to an unacceptable extent the risks to which credit institutions and investment firms are exposed, it is appropriate that competent authorities impose qualitative or quantitative measures on the relevant entities that are designed to address problems that have been identified in relation to remuneration policies in the Pillar 2 supervisory review.
Med kvalitativnimi ukrepi, ki jih lahko naložijo pristojni organi, je zahteva za kreditne institucije ali investicijska podjetja, da zmanjšajo tveganje, povezano z njihovimi dejavnostmi, produkti ali sistemi, vključno s strukturami prejemkov, če ti niso skladni z učinkovitim obvladovanjem tveganja.
Qualitative measures available to competent authorities include requiring credit institutions or investment firms to reduce the risk inherent in their activities, products or systems, including structures of remuneration to the extent that they are inconsistent with effective risk management.
Kvantitativni ukrepi vključujejo zahtevo po držanju dodatnih lastnih sredstev.
Quantitative measures include a requirement to hold additional own funds.
(11) Ker lahko slabo zasnovane politike prejemkov in sistem spodbud do nesprejemljive ravni povečajo tveganja, ki so jim izpostavljene kreditne institucije in investicijska podjetja, je treba hitro poskrbeti za izboljšanje položaja in po potrebi sprejeti ustrezne korektivne ukrepe.
(11) Since poorly designed remuneration policies and incentive schemes are capable of increasing to an unacceptable extent the risks to which credit institutions and investment firms are exposed, prompt remedial action and, if necessary, appropriate corrective measures should be taken.
Posledično je primerno, da so pristojni organi pooblaščeni, da zadevnim subjektom naložijo kvalitativne ali kvantitativne ukrepe, ki so namenjeni rešitvi težav, ugotovljenih v zvezi s politikami prejemkov v nadzorniškem pregledu „stebra 2“.
Consequently, it is appropriate that competent authorities have the power to impose qualitative or quantitative measures on the relevant entities that are designed to address problems that have been identified in relation to remuneration policies in the Pillar 2 supervisory review.
Med kvalitativnimi ukrepi, ki jih lahko naložijo pristojni organi, je zahteva za kreditne institucije ali investicijska podjetja, da zmanjšajo tveganje, povezano z njihovimi dejavnostmi, produkti ali sistemi, vključno z vpeljavo sprememb v strukture prejemkov ali zamrznitvijo variabilnih delov prejemkov , če ti niso skladni z učinkovitim obvladovanjem tveganja.
Qualitative measures available to competent authorities include requiring credit institutions or investment firms to reduce the risk inherent in their activities, products or systems, including introducing changes to their structures of remuneration or freezing the variable parts of remuneration to the extent that they are inconsistent with effective risk management.
Komisija, države članice in javne institucije lahko odklonijo javna naročila subjektom, za katere je njihov nadzornik ugotovil, da njihove politike prejemkov ne izpolnjujejo zahtev te direktive.
The Commission, Member States and public institutions may withhold public contracts from those entities whose remuneration policies are identified by their supervisor as not meeting the requirements of this Directive.
(12) Za zagotovitev ustrezne preglednosti struktur prejemkov in povezanega tveganja morajo kreditne institucije in investicijska podjetja razkriti informacije o politikah in praksah prejemkov za osebje, katerega poklicne dejavnosti bistveno vplivajo na profil tveganja institucije.
(12) In order to ensure adequate transparency to the market of their remuneration structures and the associated risk, credit institutions and investments forms should disclose information on their remuneration policies and practices for those staff whose professional activities have a material impact on the risk profile of the institution.
Vendar pa ta obveznost ne bi smela posegati v 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.
However, this obligation should be without prejudice to Directive 95/46/EC of the European Parliament and of the Council of 24 October 1995 on the protection of individuals with the regard to the processing of personal data and the free movement of such data.
(12) Dobre strukture upravljanja, preglednost in razkritje so bistveni za premišljene politike prejemkov.
(12) Good governance structures, transparency and disclosure are essential for sound remuneration policies.
Za zagotovitev ustrezne preglednosti struktur prejemkov in povezanega tveganja morajo kreditne institucije in investicijska podjetja razkriti podrobne informacije o politikah in praksah prejemkov za osebje, katerega poklicne dejavnosti bistveno vplivajo na profil tveganja institucije.
In order to ensure adequate transparency to the market of their remuneration structures and the associated risk, credit institutions and investments forms should disclose detailed information on their remuneration policies and practices for those staff whose professional activities have a material impact on the risk profile of the institution.
Te informacije morajo biti na voljo vsem zainteresiranim stranem (delničarjem, zaposlenim in širši javnosti).
That information should be made available to all stakeholders (shareholders, employees and the general public).
Vlogo evropskih svetov delavcev je treba upoštevati v zvezi s pravico delavcev do obveščenosti in posvetovanja.
The role of the European works councils should be respected in regard to the provision of information to and consultation of employees.
Preglednost je ključ do tega, da bodo tisti, ki sprejemajo odločitve o politiki prejemkov, ravnali na družbeno odgovoren način.
Transparency is a key to making decision-makers on remuneration policy act in a socially responsible way.
Informacije morajo biti na voljo vsem interesnim skupinam in morajo biti dovolj podrobne, da bodo interesne skupine z ustreznimi institucijami vzpostavile konkreten dialog o posameznih vidikih politike prejemkov.
The information should be made available to all stakeholders and should be detailed enough for these stakeholders to engage in a concrete dialogue with the relevant institutions on any remuneration policy aspect.
(14) Obstajati bi morala ločena obravnava kapitala za listinjenja, ki preoblikujejo druga listinjenja in so predmet višjega kreditnega tveganja kot običajna listinjenja ter za kreditne institucije in investicijska podjetja predstavljajo jasen odvračilni dejavnik pri naložbah v listinjenja, ki so še posebej zapletena in tvegana .
(14) There should be a separate capital treatment for securitisations which re-package other securitisations and are subject to a higher credit risk than normal securitisations and provides credit institutions and investment firms with clear disincentives against investment in securitisations of particularly high complexity and risk .
(14) Primerno je vpeljati ločeno obravnavo kapitala za listinjenja, ki tranširajo skupine izpostavljenosti z eno ali več pozicijami listinjenja, saj je takšno dodatno listinjenje izpostavljeno večjemu kreditnemu tveganju kot običajno listinjenje .
(14) It is appropriate to introduce a separate capital treatment for securitisations which tranche pools of exposures containing one or more securitisation positions since such re-securitisations are subject to a higher credit risk than normal securitisations.
(15) Banke, ki vlagajo v dodatna listinjenja, morajo po Direktivi 2006/48/ES ravnati s potrebno skrbnostjo tudi v zvezi z osnovnimi listinjenji in izpostavljenostmi iz naslova nelistinjenja, ki so osnova za prve.
(15) Banks investing in re-securitisations are required under Directive 2006/48/EC to exercise due diligence also with regard to the underlying securitisations and the non-securitisation exposures ultimately underlying the former.
Glede na zapletenost plasti struktur listinjenja ter zapletenost in raznolikost (ali obojega) izpostavljenosti iz naslova nelistinjenja, ki so osnova za dodatno listinjenje, morda niti ne bo mogoče ravnati s potrebno skrbnostjo ali pa to ne bo gospodarno (ali oboje).
Depending on the complexity of the layers of securitisation structures and depending on the complexity and the diversity (or both) of the non-securitisation exposures that ultimately underlie the re-securitisations, the required due diligence may be impossible or uneconomical (or both) to carry out.
To še zlasti velja pri končnih osnovnih izpostavljenostih, kot sta na primer odkup z zadolžitvijo ali dolg iz naslova projektnega financiranja.
This is in particular the case where the ultimate underlying exposures are, for example, leveraged buy-out or project finance debt.
V teh primerih institucije ne bi smele vlagati v tako zelo zapletena dodatna listinjenja.
In these cases, institutions should not invest in such highly complex re-securitisations.
V pregledu zahtevane potrebne skrbnosti morajo pristojni organi posebno pozornost posvetiti tem zelo zapletenim listinjenjem in zahtevati njihov popolni odbitek od kapitala, razen če je bilo prepričljivo dokazano, da je institucija pri vsakem posameznem primeru izpostavljenosti iz naslova zelo zapletenega dodatnega listinjenja ravnala s potrebno skrbnostjo, kot jo zahteva Direktiva 2006/48/ES, vključno v zvezi s končnimi osnovnimi izpostavljenostmi.
In their review of the required due diligence, competent authorities should devote particular attention to such highly complex securitisations and require their full deduction from capital, unless it has been convincingly demonstrated to their satisfaction that in each individual case of highly complex re-securitisation exposures, the institution has performed the due diligence required by Directive 2006/48/EC, including with regard to the ultimate underlying exposures.
Za boljše razumevanje učinkovitosti teh določb za listinjenje in dodatno listinjenje Komisija upošteva deseti odstavek člena 156 direktive 2006/48/ES, ki predvideva poročilo Komisije o pričakovanem učinku člena 122a, in posreduje poročilo Evropskemu parlamentu in Svetu, skupaj z ustreznim predlogom, do 31. decembra 2009.
For a better understanding of the effectiveness of those provisions for securitisations and re-securitisations, the Commission should comply with the tenth paragraph of Article 156 of Directive 2006/48/EC which provides for a Commission report on the expected impact of Article 122a, and submit that report to the European Parliament and the Council, together with any appropriate proposal, by 31 December 2009.
V pričakovanju tega poročila ta direktiva ne zajema dodatnih zahtev za zelo zapletena dodatna listinjenja.
Pending such a review, additional requirements for 'highly complex' re-securitisation should not be covered in this Directive.
V pregledu "CRD II" je zahtevana revizija do 31. decembra 2009 za analizo dogovora o členu 122a – količinske in kakovostne zahteve za listinjenje.
The 'CRD II' revision called for a review by 31st December 2009 to analyse the agreement made on Article 122a - the quantitative and qualitative requirements for securitisations.
Ni sprejemljivo, da je Komisija to prezrla in namesto tega predlagala dodatne (in nepopolne) ukrepe za "zelo zapletena" dodatna listinjenja.
It is unacceptable that the Commission has ignored this and instead proposed additional (and incomplete) measures for 'highly complex' re-securitisations.
Pregled se mora opraviti, v okviru teh ukrepov pa je treba iz njega umakniti zahteve za zelo zapletena dodatna listinjenja.
This review should take place and in light of this demand, the requirements for 'highly complex' re-securitisation in this review should be removed.
(16) Za spodbujanje konvergence nadzornih praks v zvezi z nadzorom potrebne skrbnosti za zelo zapletena dodatna listinjenja mora Odbor evropskih bančnih nadzornikov oblikovati smernice, ki morajo vključevati opredelitev meril za tiste vrste dodatnih listinjenj, ki jih je v ta namen treba obravnavati kot „zelo zapletena“.
(16) In order to promote the convergence of supervisory practices with regard to the supervision of due diligence for highly complex re-securitisations , the Committee of European Banking Supervisors should establish guidelines, which should include a definition of or criteria for the types of re-securitisations that should be considered as 'highly complex' for this purpose.
To opredelitev ali ta merila je treba prilagoditi razvoju tržnih praks.
That definition or those criteria should be adapted to developments in market practices .
(16) Komisija bi morala pregledati uporabo člena 122a Direktive 2006/48/ES potem, ko se bo ta začel izvajati, in ugotoviti, kakšne predloge sprememb je treba predložiti, vključno s tem, ali je primerno zagotoviti potrebno skrbnost za listinjenja, vključno z dodatnimi listinjenji.
(16) The Commission should review the operation of Article 122a of Directive 2006/48/EC once it is implemented and asses s what amendments are necessary, including whether it is adequate to ensure due diligence for securitisation, including re-securitisations.
Pomanjkanje potrebne skrbnosti bank lahko povzroči močno izpostavljenost tveganjem, ki niso bila dobro razumljena, in ima tako bistveno vlogo v krizi.
The lack of due diligence by banks led to heavy exposure to risks that were not well understood, and thus played a key role in the crisis.
Razlog za zahtevo, da se nadzorniku dokaže potrebna skrbnost, je zato tehten.
There is therefore a strong rationale for requiring due diligence to be demonstrated to the supervisor.
Vsekakor pa je nujno, da se taka dodatna listinjenja jasno in natančno opredelijo, s čimer se zagotovi regulativna varnost in prepreči, da bi bili nadzorniki preobremenjeni zaradi preširoke uporabe te določbe.
However it is essential to have a clear and tight definition of such re-securitisations to provide regulatory certainly and prevent supervisors from being overwhelmed by an excessively broad application of this provision.
Opredelitev bi bilo torej treba potrditi po postopku za delegirane akte.
The definition should therefore be subject to approval in accordance with the procedure for delegated acts.
(16a) Komisija ni izpolnila točke (b) tretjega odstavka člena 156 direktive 2006/48/ES, ki zahteva pregled direktive do 31. decembra 2009, da bi se lotili potrebe po boljši analizi odziva na makrobonitetne težave, vključno s preučitvijo načel za izračun kapitalskih zahtev v tej direktivi.
(16a) The Commission has failed to comply with point (b) of the third paragraph of Article 156 of Directive 2006/48/EC, which calls for a review of that Directive by 31 December 2009 to address the need for better analysis of the response to macro-prudential problems including an examination of the rationale underlying the calculation of capital requirements in that Directive.
Komisija mora nujno poročati o tem pregledu in v luči gospodarskih razmer opraviti oceno skupnega učinka teh ukrepov na realno gospodarstvo.
The Commission should report on that review as a matter of urgency and, furthermore, in the light of the economic situation, provide an impact assessment of the cumulative effect of those measures on the real economy.
V pregledu "CRD II" je zahtevana revizija do 31. decembra 2009, s katero bi bolje analizirali makrobonitetne težave in ovrednotili načela za kapitalske zahteve.
The 'CRD II' revision called for a review by 31 December 2009 to better analyse 'macro-prudential problems' and called for the rationale underlying capital requirements to be assessed.
(26) Glede na nedavne slabe rezultate je treba poostriti standarde za notranje modele za izračun kapitalskih zahtev za tržno tveganje.
(26) Given recent weak performance, the standards for internal models to calculate market risk capital requirements should be strengthened.
Zlasti je treba zajetje tveganj dopolniti v zvezi s kreditnimi tveganji v trgovalni knjigi.
In particular, their capture of risks should be completed regarding credit risks in the trading book.
Poleg tega morajo kapitalske zahteve vključevati sestavino, primerno za izjemne pogoje, za poostritev kapitalskih zahtev na podlagi vedno slabših tržnih pogojev in z namenom zmanjšati možnost za procikličnost.
Furthermore, capital charges should include a component adequate to stress conditions to strengthen capital requirements in view of deteriorating market conditions and in order to reduce the potential for pro-cyclicality.
Glede na nedavne težave v zvezi z obravnavo pozicij listinjenja s pomočjo pristopov na podlagi notranjih modelov mora biti sposobnost institucij za oblikovanje tveganj listinjenja v trgovalni knjigi omejena, zahtevana pa bi morala biti tudi standardizirana kapitalska zahteva za pozicije listinjenja v trgovalni knjigi.
Given the recent particular difficulties of treating securitisation positions using approaches based on internal models, institutions' ability to model securitisation risks in the trading book should be limited and a standardised capital charge for securitisation positions in the trading book should be required by default.
Finančne institucije morajo prav tako izvesti povratne teste izrednih situacij, da preučijo, kakšni scenariji bi utegnili ogroziti sposobnost delovanja bank, razen če lahko dokažejo, da je takšen test pogrešljiv.
Financial institutions should also carry out reverse stress tests to examine what scenarios could challenge the viability of the bank unless they can prove that such a test is dispensable.
(26a) Ta direktiva določa omejene izjeme za dejavnosti trgovanja s korelacijo, pri katerih bankam njihov nadzornik lahko dovoli, da izračunajo kapitalsko zahtevo za celotno tveganje ob upoštevanju strogih minimalnih zahtev.
(26a) This Directive lays down limited exceptions for certain correlation trading activities, where banks may be allowed by their supervisor to calculate a comprehensive risk capital charge subject to strict minimum requirements.
V takih primerih bi bilo primerno določiti najnižjo stopnjo za kapitalsko zahtevo.
In such cases it might be appropriate to establish a floor to the capital requirement.
Komisija mora ob upoštevanju dejstva, da Baselski odbor za bančni nadzor izvaja raziskavo vplivov na kapitalske zahteve za pozicije listinjenja v trgovalni knjigi, vključno s tistimi, ki bi izhajali iz specifične obravnave trgovanja s korelacijo, poročati Evropskemu parlamentu in Svetu o vseh ukrepih, sprejetih na mednarodni ravni v zvezi z metodologijo in minimalnimi ravnmi, pooblastiti pa bi jo bilo treba tudi za sprejemanje delegiranih aktov v skladu s členom 290 Pogodbe o delovanju Evropske unije za namene določanja te stopnje.
Having regard to the fact that the Basel Committee on Banking Supervision is conducting an impact study on the capital charges for securitisation positions in the trading book, including those that would result from the specific treatment for correlation trading, the Commission should report to the European Parliament and the Council about any measures agreed at international level regarding the methodology and minimum levels and the Commission should be empowered to adopt delegated act s in accordance with Article 290 of the Treaty on the Functioning of the European Union for the purposes of setting such a floor .
Po objavi predloga Komisije se je Baselski odbor strinjal, da trgovanje s korelacijo izvzame iz polne uporabe novih določb.
Subsequent to the publication of the Commission proposal the Basel Committee agreed to exclude correlation trading for the full application of the new provisions.
Baselski odbor izvaja presojo vplivov, da bi ugotovil, ali je potrebna najnižja zahteva za trgovanje s korelacijo.
Basel is conducting an impact assessment to determine the need for a floor requirement for correlation trading.
Uvedbo take zahteve morata odobriti Parlament in Svet z delegiranim aktom.
The introduction of such a requirement should be subject to approval by Parliament and Council by means of a delegated act.
(26b) Ukrepi v tej direktivi so koraki reformnega postopka v odziv na finančno krizo.
(26b) The measures in this Directive are steps in the reform process in response to the financial crisis.
Glede na sklepe G 20, odbora za finančno stabilnost in Baselskega odbora za bančni nadzor bodo morda potrebne nadaljnje reforme, vključno s potrebno uvedbo proticikličnih blažilcev, „dinamičnimi rezervacijami“, razlogi za izračunavo kapitalskih zahtev v Direktivi 2006/48/ES in dodatni ukrepi za zahteve, temelječe na tveganju, za kreditne institucije, da bi pomagali omejiti nastanek finančnih vzvodov v bančnem sistemu.
In line with the conclusions of the G - 20, the F inancial S tability B oard and the Basel Committee on Banking Supervision further reforms may be necessary, including the need to build counter-cyclical buffers, "dynamic provisioning", the rationale underlying the calculation of capital requirements in Directive 2006/4 8/EC and supplementary measures to risk-based requirements for credit institutions to help constrain the build-up of leverage in the banking system.
Evropski parlament in Svet morata pravočasno in učinkovito sodelovati, da se zagotovi ustrezen demokratični nadzor.
In order to ensure appropriate democratic oversight of the process , the European Parliament and the Council must be involved in a timely and effective manner.
V skladu z določbami iz „CRD 2“ (Direktiva 2006/111/ES) mora Komisija poročati Parlamentu o teh obširnejših vprašanjih reforme.
The provisions in 'CRD 2' (Directive 2009/111/EC) require the Commission to report to the Parliament on these wider reform issues.
Pomembno je zagotoviti, da se Komisija pogaja v imenu EU na Baselskem odboru na podlagi ustreznega demokratičnega mandata, zlasti pred pogajanji o tako temeljnih vprašanjih.
It is important to ensure that the Commission negotiates on behalf of the EU at the Basel Committee on the basis of a proper democratic mandate, in particular prior to negotiating such fundamental issues.
(26c) V tem primeru ima Evropski parlament ali Svet na voljo tri mesece od datuma obvestila za nasprotovanje delegiranemu aktu.
(26c) In this instance, the European Parliament or the Council have the period of three months from the date of notification to object to a delegated act.
Na pobudo Evropskega parlamenta ali Sveta se to obdobje lahko podaljša za en mesec na pomembnih področjih.
At the initiative of the European Parliament or the Council, this period can be prolonged by three months in significant areas of concern.