natgillin/translations-raw huggingface dataset:
(19) „rezerve“ pomenijo rezerve, kot jih določa člen 9 Direktive Sveta 78/660/EGS z dne 25. julija 1978 o letnih računovodskih izkazih posameznih vrst družb, ki temelji na členu 54(3)(g) Pogodbe
(19) 'reserves' means reserves as set out in Article 9 of Council Directive 78/660/EEC of 25 July 1978 based on Article 54(3)(g) of the Treaty on the annual accounts of certain types of companies
11. , ter prenesene dobičke in izgube iz prejšnjih let, ki izhajajo iz končnih dobičkov ali izgub;
11. and profits and losses brought forward as a result of the application of the final profit or loss;
(20) „upravni odbor“ pomeni upravni ali nadzorni odbor v skladu z nacionalnim pravom družb;
(20) 'the board' means the administrative or supervisory board, or both, in accordance with national company law;
(21) „neodvisni član upravnega odbora“ pomeni člana upravnega odbora, ki nima sedanjih ali preteklih poslovnih, družinskih ali drugih povezav, ki pomenijo navzkrižje interesov s CCP, njenimi obvladujočimi delničarji ali vodstvom ali klirinškimi člani ali njihovim vodstvom;
(21) ’independent member of the board' means a member of the board that has no previous or present business, family or other relationship that raises a conflict of interest with the CCP, its controlling shareholder(s) or management or its clearing members or management;
(22) „višje vodstvo“ pomeni osebo ali osebe, ki dejansko vodijo poslovanje CCP, in izvršnega člana ali člane upravnega odbora;
(22) 'senior management' means the person or persons who effectively direct the business of the CCP and the executive member or members the board;
(22a) „klirinške nasprotne stranke v tretjih državah“ so podjetja s sedežem v tretjih državah, ki so enakovredna finančnim nasprotnim strankam ali nefinančnim nasprotnim strankam, navedenim v členu 7(2); enakovrednost velja, ko bi bilo podjetje s sedežem v tretji državi ocenjeno kot finančna ali nefinančna nasprotna stranka iz člena 7(2), če bi imelo sedež v Uniji, in ko zanj v tretji državi veljajo enake klirinške zahteve;
(22a) ‘third-country clearing counterparties’ means undertakings established in third countries that are considered as equivalent to financial counterparties or to the non-financial counterparties referred to in Article 7(2); such equivalence shall be deemed to apply where an undertaking established in a third country would, were it established within the Union, be classified as a financial counterparty or a non-financial counterparty referred to in Article 7(2);
(22b) „ločevanje“pomeni najmanj to, da se sredstva in pozicije ene osebe ne uporabijo za razbremenitev obveznosti ali terjatev do katere koli druge osebe, od katere se namerava ločiti, ter niso razpoložljivi za te namene, zlasti v primeru nesolventnosti klirinškega člana;
( 22b ) 'segregation' shall mean at least that the assets and positions of one person shall not be used to discharge the liabilities of or claims against any other person from whom it is intended that he is segregated, and shall not be available for such purposes, especially in the event of a clearing member’s insolvency;
(22c) „zgoščevanje trgovanja“pomeni proces zakonite nadomestitve sklopa pogodb o izvedenih finančnih instrumentih z drugačnim sklopom pogodb, za katere je s stališča vsakega sodelujočega v procesu značilno:
( 22c ) ‘trade compression’ means the process of legally substituting a given set of derivative contracts with a different set of contracts characterised, from the perspective of each participant to the process, by:
(a) manjše število pogodb in nižja skupna hipotetična vrednost; ter
(a) a lower number of contracts and aggregated notional value; and
(b) enak ali podoben profil tveganja kot pri originalnem sklopu pogodb o izvedenih finančnih instrumentih;
(b) the same or a similar risk profile as the original set of derivative contracts;
(22d) „usklajeno izvrševanje glasovalnih pravic“ pomeni usklajeno izvrševanje glasovalnih pravic, kakor je opredeljeno v členu 10(a) Direktive 2004/109/ES.
(22d ) 'acting in concert' means acting in concert as defined in Article 10(a) of Directive 2004/109/EC
Da se zagotovi dosledna usklajenost točke (22a) odstavka 1, organ ESMA pripravi osnutek regulativnih tehničnih standardov, ki podrobneje določajo merila za razvrščanje podjetij iz tretjih držav kot klirinške nasprotne stranke v tretjih državah.
In order to ensure consistent harmonisation of point (22a) of paragraph1 , ESMA shall develop draft regulatory technical standards specifying in greater detail the criteria to be used in the classification of undertakings from third countries as third-country clearing counterparties.
Komisija je pooblaščena za sprejetje regulativnih tehničnih standardov iz prvega pododstavka v skladu s členi 10 do 14 Uredbe (EU) št. 1095/2010.
Power is delegated to the Commission to adopt the regulatory technical standards referred to in the first subparagraph in accordance with Articles 10 to 14 of Regulation (EU) No 1095/2010.
Naslov II
Title II
Kliring, poročanje in zmanjševanje tveganja za izvedene finančne instrumente OTC
Clearing, reporting and risk mitigation of OTC Derivatives
Obveznost kliringa
Clearing obligations
Finančna nasprotna stranka ali nefinančna nasprotna stranka, navedena v členu 7(2), izvaja kliring za vse pogodbe o izvedenih finančnih instrumentih OTC, ki se štejejo za primerne v skladu s členom 4 in so sklenjene z drugimi finančnimi nasprotnimi strankami ali nefinančnimi nasprotnimi strankami, navedenimi v členu 7(2), pri ustreznih CCP, navedenih v registru, kot je določeno v členu 4(4).
A financial counterparty or a non-financial counterparty referred to in Article 7(2) shall clear all OTC derivative contracts which are considered eligible pursuant to Article 4 and are concluded with other financial counterparties or non-financial counterparties referred to in Article 7(2) in the relevant CCPs listed in the register as referred to in Article 4(4).
Obveznost kliringa velja tudi za finančne nasprotne stranke in nefinančne nasprotne stranke iz prvega pododstavka, ki sklenejo primerne pogodbe o izvedenih finančnih instrumentih OTC s klirinškimi nasprotnimi strankami v tretjih državah .
That clearing obligation shall also apply to financial counterparties and to the non-financial counterparties referred to in the first subparagraph which enter into eligible OTC derivative contracts with third-country clearing counterparties .
Za pogodbe o izvedenih finančnih instrumentih OTC, sklenjene pred datumom, ko začne veljati obveznost kliringa za ta razred izvedenih finančnih instrumentov, ne velja obveznost kliringa.
OTC derivatives contracts entered into before the date from which the clearing obligation takes effect for that class of derivatives are exempted from the clearing obligation.
Ta izjema ne sme vplivati na obveznost poročanja iz člena 6 ali na obveznosti v zvezi s tehnikami za zmanjševanje tveganja iz člena 8.
This derogation shall not affect the reporting obligation under Article 6 or the obligations in relation to risk mitigation techniques under Article 8.
Izjeme se uporabljajo samo, kadar je nadrejena družba pristojni organ svoje matične države članice predhodno pisno obvestila, da namerava uporabiti izjemo.
The exemptions shall only apply where the parent company concerned has first notified the competent authority of its home Member State in writing that they intend to make use of the exemption.
Obvestilo se posreduje najpozneje v tridesetih koledarskih dneh pred uporabo izjeme.
The notification shall be made not less than thirty calendar days before the use the exemption.
Pristojni organ jamči, da se izjema uporabi le za pogodbe o izvedenih finančnih instrumentih, ki izpolnjujejo vse naslednje pogoje:
The competent authority shall ensure that the exemption is only used for derivative contracts that fulfil all of the following conditions:
(a) pogodbe o izvedenih finančnih instrumentih med podrejenimi podjetji iste nadrejene družbe ali med nadrejeno družbo in podrejenim podjetjem so upravičene iz ekonomskih razlogov;
(a) derivative contracts between subsidiary undertakings of the same parent company or between a parent company and a subsidiary undertaking are justified for economic reasons
(b) uporaba izjeme ne povečuje sistemskega tveganja za finančni sistem;
(b) the use of the exemption does not increase systemic risk in the financial system
(c) ni pravnih omejitev za pretok kapitala med podrejenimi podjetji iste nadrejene družbe ali med nadrejeno družbo in podrejenim podjetjem.
(c) there are no legal restrictions to capital flows between the subsidiary undertakings of the same parent company or between the parent company and the subsidiary undertaking.
Za namene izpolnjevanja obveznosti kliringa po odstavku 1 postanejo finančne nasprotne stranke in nefinančne nasprotne stranke iz člena 7(2) klirinški član ali omogočajo kliring svojih transakcij v CCP prek investicijskih družb ali kreditnih institucij, za katere veljajo zahteve iz Direktive 2004/39/ES.
For the purpose of complying with the clearing obligation under paragraph 1, financial counterparties and the non-financial counterparties referred to in Article 7(2) shall become either a clearing member or shall clear their transactions in the CCP through an investment firm or credit institution subject to the requirements of Directive 2004/39/EC .
Primernost za obveznost kliringa
Eligibility for the clearing obligation
Kadar pristojni organ CCP izda dovoljenje za kliring razreda izvedenih finančnih instrumentov po členu 10 ali 11, o tem takoj obvesti organ ESMA in zahteva odločitev o primernosti za obveznost kliringa iz člena 3.
Where a competent authority has authorised a CCP to clear a class of derivatives under Article 10 or 11, it shall immediately notify ESMA of that authorisation and request a decision on the eligibility for the clearing obligation referred to in Article 3.
Kadar je CCP s sedežem v tretji državi priznan v skladu s členom 23, ustrezni pristojni organ iz tretje države da organu ESMA z uporabo sporazuma o sodelovanju iz člena 23(4) na voljo razrede pogodb o izvedenih finančnih instrumentih, za katere je bila tej CCP priznana pravica, da opravlja klirinške storitve za klirinške člane in/ali stranke s sedežem v Uniji.
Where a CCP established in a third country has been recognised in accordance with Article 23, the relevant competent authority of the third country shall make available to ESMA , in application of the cooperative arrangements as referred to in Article 23(4), the classes of derivative contracts for which that CCP has been granted the right to provide clearing services to clearing members and/or clients established in the Union.
Organ ESMA po prejemu obvestila in zahteve iz odstavka 1 v šestih mesecih naslovi odločitev na pristojnega organa prosilca, v kateri navede naslednje:
ESMA, after receiving the notification and request referred to in paragraph 1, shall, within six months, address a decision to the requesting competent authority stating the following:
(a) ali je razred izvedenih finančnih instrumentov primeren za obveznost kliringa v skladu s členom 3;
(a) whether that class of derivatives is eligible for the clearing obligation pursuant to Article 3;
(b) prihodnji datum, s katerimi začne veljati obveznost kliringa, vključno s časovnim okvirom, kdaj za nasprotne stranke ali kategorije nasprotnih strank začne veljati obveznost kliringa.
(b) the future date from which the clearing obligation takes effect , including the timeframe in which counterparties or categories of counterparties become subject to the clearing obligation .
Ta datum ne sme biti pred datumom, na katerega se obveznost kliringa predpiše;
This date shall be no earlier than the date on which the clearing obligation is imposed;
(ba) ali in pod katerimi pogoji obveznost kliringa velja za transakcije z osebami v tretjih državah.
(ba) whether and subject to what conditions the clearing obligation applies in the case of transactions with persons in third countries.
Pred sprejetjem odločitve organ ESMA izvede javno posvetovanje z udeleženci na trgu in se posvetuje z odborom ESRB ter pristojnimi organi tretjih držav.
Before taking a decision, ESMA shall conduct a public consultation with the market participants and shall contact the ESRB and the competent authorities of third countries.
Organ ESMA na lastno pobudo, v skladu z merili iz člena 3 ter po javnem posvetu in posvetovanju z odborom ESRB ter po potrebi z nadzornimi organi tretjih držav določi razrede pogodb o izvedenih finančnih instrumentih, za katere bi morala veljati obveznost kliringa, za katere pa še nobena CCP ni prejela dovoljenja, ter o tem obvesti Komisijo.
ESMA shall, on its own initiative, in accordance with the criteria set out in paragraph 3 and after conducting a public consultation and consulting the ESRB, and, where appropriate, the supervisory authorities of third countries, identify and notify to the Commission the classes of derivative contracts that should be considered eligible for the clearing obligation, but for which no CCP has yet received authorisation.
Po določitvi takšnega razreda pogodb o izvedenih finančnih instrumentih organ ESMA objavi razpis za izdelavo predlogov za kliring tega razreda pogodb.
After identifying such a class of derivative contracts, ESMA shall publish a call for development of proposals for the clearing of that class of derivative contracts.
Organ ESMA svojo odločitev utemelji po naslednjih merilih:
ESMA shall base its decision on the following criteria:
(a) zmanjšanje sistemskega tveganja za finančni sistem , vključno z morebitnim neuspehom medsebojno zelo povezanih nasprotnih strank, da bi poravnale svoje plačilne obveznosti, ter pomanjkanje preglednosti glede pozicij;
(a) reduction of systemic risk in the financial system, including potential failures of highly interconnected counterparties to meet their payment obligations and a lack of transparency concerning positions;
(b) likvidnost pogodb;
(b) the liquidity of contracts;
(c) razpoložljivost pravičnih, zanesljivih in splošno sprejetih virov za oblikovanje cen .
(c) the availability of fair, reliable and generally accepted pricing sources .
Pri uporabi zgornjih meril organ ESMA upošteva tudi mednarodni dogovor.
In applying the above criteria ESMA shall also take account of international consensus.
Pred odločitvijo organ ESMA opravi javno posvetovanje in se po potrebi posvetuje s pristojnimi organi tretjih držav.
Before taking a decision, ESMA shall conduct a public consultation and, where appropriate, consult with the competent authorities of third countries.
Organ ESMA vse odločitve iz odstavka 2 takoj objavi v registru.
ESMA shall promptly publish any decision under paragraph 2 in a register.
Register vsebuje primerne razrede izvedenih finančnih instrumentov in CCP z dovoljenjem za njihov kliring.
That register shall contain the eligible classes of derivatives and the CCPs authorised to clear them.
Organ ESMA register redno posodablja.
ESMA shall regularly update that register.
Organ ESMA redno pregleduje svoje odločitve in jih po potrebi spreminja.
ESMA shall regularly review its decisions and shall amend them where necessary.
Organ ESMA na lastno pobudo in po posvetovanju z odborom ESRB določi razred pogodb o izvedenih finančnih instrumentih, ki jih je treba vključiti v javni register in ki so primerne za obveznost kliringa, a za katere še nobena CCP ni prejela dovoljenja, ter o tem obvesti Komisijo.
ESMA shall, on its own initiative and after consulting the ESRB, identify and notify to the Commission the class of derivatives contracts that should be included in its public register, and eligible for the obligation to clear, but for which no CCP has yet received authori s ation .
Po tem, ko ta razred opredeli kot razred izvedenih finančnih instrumentov, organ ESMA objavi razpis za razvojne predloge CCP za njihov kliring ter objavi seznam, za katerega je pripravil ta razpis.
Having identified such a category of class of derivatives, ESMA shall publish a call for the development of proposals by CCPs to clear them and publish a list for which such a call has been made.
Ustreznost razreda izvedenih finančnih instrumentov za obveznost kliringa se preneha, če ni več CCP, ki jo je organ ESMA pooblastil ali priznal kot pristojno za njihov kliring iz te uredbe, ali če nobena CPP ne želi opraviti kliringa tega razreda izvedenih finančnih instrumentov.
A class of derivatives shall cease to be considered eligible for the clearing obligation if there is no longer a CCP which is authorised or recognised by ESMA as authorised to clear them under this Regulation, or if no CCP is willing to clear that class of derivatives.
Za zagotovitev dosledne usklajenosti tega člena organ ESMA pripravi osnutke regulativnih tehničnih standardov, ki določajo naslednje:
In order to ensure consistent harmonisation of this Article, ESMA shall develop draft regulatory technical standards specifying the following:
(a) podrobnosti, ki se vključijo v obvestilo iz odstavka 1;
(a) the details to be included in the notification referred to in paragraph 1;
(b) merila iz odstavka 3;
(b) the criteria referred to in paragraph 3;
(c) podrobnosti, ki se vključijo v register iz odstavka 4.
(c) the details to be included in the register referred to in paragraph 4.
Podrobnosti v odstavku 4 morajo vsaj pravilno in nedvoumno opredeliti razred izvedenih finančnih instrumentov, za katerega velja obveznost kliringa.
The details in paragraph 4 shall at least correctly and unequivocally identify the class of derivatives subject to the clearing obligation.
Organ ESMA osnutke navedenih regulativnih tehničnih standardov predloži Komisiji do 30. junija 2012 .
ESMA shall submit drafts for those regulatory technical standards to the Commission by 30 June 2012.
Komisija je pooblaščena za sprejetje regulativnih tehničnih standardov iz prvega pododstavka ▌v skladu s členi od 10 do 14 Uredbe (EU) št. 1095/2010.
Power is delegated to the Commission to adopt the regulatory technical standards referred to in the first subparagraph in accordance with Articles 10 to 14 of Regulation (EU) No 1095/2010.
Organ ESMA pred odločitvijo izvede javno posvetovanje z udeleženci na trgu.
Before taking a decision, ESMA shall conduct a public consultation with the market participants .
Za spodbujanje učinkovite in dosledne svetovne ureditve pogodb o izvedenih finančnih instrumentih lahko Komisija pripravi predloge Svetu za ustrezen pogajalski mandat, da bi se dosegel sporazum o učinkoviti enakovredni zakonodaji za transakcije, opravljene v tretji državi s finančnimi in nefinančnimi nasprotnimi strankami iz člena 7.
In order to promote effective and consistent global regulation of derivative contracts, the Commission may submit proposals to the Council for an appropriate mandate for negotiation with a view to obtaining an agreement on the effective equivalent legislation applicable to transactions executed in a third country by financial counterparties and non-financial counterparties referred to in Article 7.
Javni register
Public register
Organ ESMA oblikuje in vodi javni register za obveznosti kliringa.
For the purpose of the clearing obligation, ESMA shall establish and manage a public register.
Register je javno dostopen na spletnem mestu organa ESMA.
The register shall be publicly available on ESMA’s website.
Ta register odraža vsaj:
The register shall reflect at least:
(a) razrede izvedenih finančnih instrumentov, ki so predmet obveznosti kliringa v skladu s členom 3;
( a) the classes of derivative contracts that are subject to the clearing obligation pursuant to Article 3;
(b) tiste CCP, ki se lahko uporabijo za obveznost kliringa;
( b) the CCPs that can be used for the purpose of the clearing obligation;
(c) datume, od katerih obveznosti kliringa veljajo, tudi pri postopnem izvajanju;
( c) the dates from which the clearing obligation takes effect, including any phased-in implementation ;
(d) razrede izvedenih finančnih instrumentov, ki jih je organ ESMA izbral v skladu s členom 4(5).
( d) the classes of derivatives identified by ESMA in accordance with Article 4(5).
Če pristojni organ ali ustrezni pristojni organ tretje države umakne pooblastilo za kliring določenega razreda pogodb o izvedenih finančnih instrumentih, organ ESMA nemudoma umakne to CCP iz registra v zvezi s tem razredom izvedenih finančnih instrumentov.
Where a competent authority, or the relevant competent authority of a third country, has withdrawn the authorisation to clear a given class of derivative contracts, ESMA shall immediately remove such CCP from the register in relation to that class of derivatives.
Organ ESMA register redno posodablja.
The register shall be regularly updated by ESMA.
Za zagotovitev enotnih pogojev uporabe tega člena lahko organ ESMA pripravi osnutek izvedbenih tehničnih standardov, da določi podrobnosti, ki jih je treba vnesti v javni register iz odstavka 1.
In order to ensure uniform conditions of application of this Article, ESMA may develop draft implementing technical standards to specify the details to be included in the public register referred to in paragraph 1.
ESMA te osnutke izvedbenih tehničnih standardov predloži Komisiji do 30. junija 2012.
ESMA shall submit those draft implementing technical standards to the Commission by 30 June 2012.
Komisiji se podeli pooblastilo za sprejetje izvedbenih tehničnih standardov iz prvega pododstavka v skladu s členom 15 Uredbe (EU) št. 1095/2010 .
Power is conferred on the Commission to adopt the implementing technical standards referred to in the first subparagraph in accordance with Article 15 of Regulation (EU) N°1095/2010 .
Dostop do CCP
Access to a CCP
CCP z dovoljenjem za kliring primernih pogodb o izvedenih finančnih instrumentih OTC na pregledni, pošteni in nediskriminatorni podlagi sprejme kliring takšnih pogodb ne glede na izvedbeno mesto , in na podlagi mednarodnih standardov odprte industrije, če to ne vpliva negativno na zmanjševanje tveganja .
A CCP that has been authorised to clear eligible OTC derivative contracts shall accept clearing such contracts on a transparent, fair and non-discriminatory basis regardless of the venue of execution and based where possible on international open industry standards, insofar as this does not adversely affect risk mitigation .
Da bi se izognili diskriminatorni praksi, morajo CCP sprejeti kliring transakcij, ki se izvajajo na različnih mestih trgovanja, če so ta mesta v skladu z operativnimi, tehničnimi in pravnimi zahtevami, ki jih določi CCP ali veljajo zanjo, pa tudi z zahtevami v zvezi z dostopom in obvladovanjem tveganja, ne glede na pogodbeno dokumentacijo, na podlagi katere so pogodbene stranke sklenile zadevni posel z izvedenimi finančnimi instrumenti OTC.
In order to avoid discriminatory practices, CCPs sh all accept to clear transactions executed in different venues, to the extent that those venues comply with the operational, technical and legal requirements established by , or applicable to, the CCP as well as its access and risk management requirements, without reference to the contract documents on the basis of which the parties concluded the relevant OTC derivatives transaction.
CCP v treh mesecih po obravnavanju prošnje za kliring pogodbe o izvedenem finančnem instrumentu OTC oblikuje jasen negativen ali pozitiven odgovor mestu trgovanja, ki prosi za dovoljenje za kliring pogodbe o izvedenih finančnih instrumentih.
The CCP shall provide a clear negative or positive response to the trading venue requesting authorisation to clear an OTC derivative contract within three months of processing their request.
Kadar CCP zavrne kliring pogodbe o izvedenih finančnih instrumentih OTC z mesta trgovanja, mesto trgovanja prejme popolno in utemeljeno obrazložitev.
In the event of a CCP refusal to clear an OTC derivative contract from a trading venue, the venue receives a fully reasoned and explained response.
Po zavrnjeni prošnji lahko mesto trgovanja po najmanj trimesečnem čakalnem obdobju ponovno vloži prošnjo.
Following a rejected application, the trading venue may put in a new request for access following a minimum of three months waiting period.