natgillin/translations-raw huggingface dataset:
UAIS zagotovi, da ima cenilec ustrezne in dosledne postopke za vrednotenje premoženja AIS, v skladu z obstoječimi veljavnimi standardi in pravili vrednotenja, da se prikaže resnična in poštena vrednost deležev ali enot AIS.
AIFM shall ensure that the valuator has appropriate and consistent procedures to value the assets of the AIF in accordance with existing applicable valuation standards and rules, in order to reflect the net asset value of the shares or units of the AIF.
UAIS redno objavlja metodologije, ki se uporabljajo za vrednotenje nelikvidnih sredstev, če vrednotenje poteka v okviru UAIS ali je preneseno na tretjo osebo.
AIFM shall regularly publish the methodologies used for the valuation of illiquid assets, whether valuation occurs within the AIFM or is delegated to a third party.
Predpisi, ki veljajo za vrednotenje premoženja in izračun čiste vrednosti sredstev na enoto ali delež AIS, so določeni v zakonodaji države, v kateri ima AIS sedež, ali v pravilih upravljanja AIS ali ustanovni listini.
The rules applicable to the valuation of assets and the calculation of the net asset value per unit or share of the AIF shall be laid down in the law of the country where the AIF is established or in the AIF rules or instruments of incorporation.
Komisija sprejme delegirane akte v skladu s členi 49a, 49b in 49c, ki podrobneje opredeljujejo , kateri pravilno pooblaščeni in nadzorovani subjekti lahko na podlagi te direktive delujejo kot cenilci .
The Commission shall adopt delegated acts in accordance with Articles 49a, 49b and 49c further specifying which duly authorised and supervised entities are eligible valuators under this Directive .
Delegirani akti opredelijo podrobne ter učinkovite organizacijske in upravne ureditve, da navzkrižja interesov ne bi škodovala interesom strank.
Those delegated acts shall set out detailed effective organisational and administrative arrangements in order to prevent any conflict of interest from adversely affecting the interests of the clients.
Komisija lahko tudi sprejme delegirane akte v skladu s členi 49a, 49b in 49c, ki podrobneje opredeljujejo merila, v skladu s katerimi je mogoče cenilca obravnavati kot funkcionalno neodvisnega v smislu odstavka 1.
The Commission may also adopt delegated acts in accordance with Articles 49a, 49b and 49c further specifying the criteria under which a valuator can be considered functionally independent within the meaning of paragraph 1.
UAIS zagotovi, da za vsak AIS, ki ga upravlja, imenuje enega depozitarja, ki, kjer je primerno, izpolnjuje naslednje funkcije :
For each AIF it manages, the AIFM shall ensure that a single depositary is appointed to fulfil, where relevant, the following functions :
(a) prejema vsa plačila vlagateljev pri vpisovanju enot ali deležev AIS, ki ga upravlja UAIS, in jih knjiži v imenu UAIS na ločenem računu;
(a) receive all payments made by investors when subscribing units or shares of an AIF managed by the AIFM and book them on behalf of the AIFM in a segregated account;
(b) varno hrani finančne instrumente, ki pripadajo AIS , in sicer :
(b) safe-keep any financial instruments which belong to the AIF , namely:
(i) ima v skrbništvu vse finančne instrumente, ki jih je mogoče hraniti pri centralnem depozitarju vrednostnih papirjev, ki jih je mogoče nakazati na račune vrednostnih papirjev ali ki so fizično dostavljeni depozitarju.
(i) holding in custody all financial instruments that can be held in a Central Securities Depository , that can be credited into securities accounts or that are physically delivered to the depositary .
V ta namen depozitar, ki ga imenuje UAIS, zagotovi ločitev sredstev z odprtjem ločenih računov v njegovih knjigah v imenu AIS.
For this purpose, the depositary appointed by the AIFM shall ensure the segregation of assets through the opening of separate accounts in its books in the name of the AIF.
Ne glede na to načelo lahko države članice dovolijo ločitev na t. i. zbirne račune, pod pogojem, da je mogoče v vsakem trenutku sredstva vsakega sklada jasno razpoznati kot sredstva, ki pripadajo določenemu AIS;
Notwithstanding this principle, Member States may allow segregation in so-called ‘omnibus accounts’, provided that each fund’s assets can be clearly identified as belonging to a given AIF at any moment;
(ii) vodi evidenco, da preveri lastništvo finančnih instrumentov, ki jih ni mogoče imeti v skrbništvu na podlagi informacij, ki jih zagotovi UAIS, vključno z zunanjimi dokazi o obstoju transakcije;
(ii) maintain the records to verify the ownership of financial instruments that cannot be held in custody based on the information provided by the AIFM, including external evidence of the existence of the transaction;
(ba) zagotovi, da finančnih instrumentov iz točke (b) ni mogoče ponovno uporabiti brez predhodnega soglasja UAIS;
(ba) ensure that the financial instruments referred to in point (b) may not be re-used without prior consent from the AIFM;
(c) preverja, ali je AIS oziroma UAIS v imenu AIS pridobil lastništvo nad vsem drugim premoženjem, v katerega vlaga AIS;
(c) verify whether the AIF or the AIFM on behalf of the AIF has obtained the ownership of all other assets the AIF invests in;
(ca) vodi evidenco, v kateri je navedeno lastništvo nad premoženjem AIS, ki ni navedeno v točkah (a) in (b).
(ca) maintain records evidencing ownership of assets of the AIF other than those referred to in points (a) and (b).
Poleg funkcij iz odstavka 1 depozitar:
In addition to the functions referred to in paragraph 1, the depositary shall:
(a) zagotovi, da se prodaja, izdaja, ponovni odkup, izplačilo in umik deležev ali enot AIS izvedejo v skladu z veljavno nacionalno zakonodajo in pravili AIS ali ustanovno listino;
(a) ensure that the sale, issue, re-purchase, redemption and cancellation of shares or units of the AIF are carried out in accordance with the applicable national law and the AIF rules or instruments of incorporation ;
(b) zagotovi, da se vrednost deležev ali enot AIS izračuna v skladu z veljavno nacionalno zakonodajo in pravili AIS ali ustanovno listino;
(b) ensure that the value of the shares or units of the AIF is calculated in accordance with the applicable national law and the AIF rules or instruments of incorporation ;
(c) izpolni navodila UAIS, razen če so v nasprotju z veljavno nacionalno zakonodajo ali pravili AIS ali ustanovno listino;
(c) carry out the instructions of AIFM, unless they conflict with the applicable national law or AIF rules or instruments of incorporation ;
(d) zagotovi, da se obveznosti pri transakcijah, ki vključujejo sredstva AIS, izpolnjujejo v običajnem roku;
(d) ensure that in transactions involving the assets of AIF any consideration is remitted to it within the usual time limits;
(e) zagotovi, da se prihodek AIS uporabi v skladu z veljavno nacionalno zakonodajo in pravili AIS ali ustanovno listino.
(e) ensure that the income of AIF is applied in accordance with the applicable national law and the AIF rules or instruments of incorporation.
UAIS ne deluje kot depozitar.
An AIFM shall not act as depositary.
Depozitar deluje neodvisno in v interesu vlagateljev v AIS.
The depositary shall act independently and in the interest of AIF investors.
Imenovanje depozitarja, ki ga opravi UAIS, se dokaže s pisno pogodbo.
The appointment of the depositary by the AIFM shall be evidenced by a contract in writing.
Pogodba ureja pretok informacij, ki se štejejo za potrebne, da lahko depozitar opravlja funkcije iz tega člena ter iz drugih zakonov, predpisov ali upravnih določb, ki se uporabljajo za depozitarje v matični državi članici AIS.
The contract shall regulate the flow of information deemed necessary to allow the depositary to perform the functions set out in this Article and in other laws, regulations or administrative provisions which are relevant for depositaries in the home Member State of the AIF.
Depozitar je lahko:
The depositary shall be any of the following:
(a) kreditna institucija, ki ima registrirani sedež v Uniji in ima dovoljenje v skladu z Direktivo 2006/48/ES, ali
(a) a credit institution having its registered office in the Union and be authorised in accordance with Directive 2006/48/EC ; or
(b) investicijsko podjetje, ki ima dovoljenje v skladu z Direktivo 2004/39/ES, ali
(b) an investment firm authorised in accordance with Directive 2004/39/EC; or
(c) pravna oseba, ki so jo pristojni organi matične države članice UAIS pooblastili, da deluje kot depozitar, za katero veljata varno in skrbno poslovanje ter redni nadzor, kot sta določena v Direktivi 2006/48/ES, in ki lahko ponudi dovolj finančnih in strokovnih zagotovil, da lahko učinkovito opravlja ustrezne funkcije depozitarja in izpolnjuje zahteve, ki izhajajo iz teh funkcij.
(c) a legal person which is authorised by the competent authorities of the home Member State of the AIFM to act as a depositary, which is subject to prudential regulation and ongoing supervision, which are of the same quality as the regulation and supervision specified by Directive 2006/48/EC, and which can provide sufficient financial and professional guarantees to be able to perform effectively the relevant depositary functions and meet the commitments inherent to those functions.
Kadar ima AIS, ki ga upravlja UAIS, ki ima dovoljenje, sedež v Uniji, ima depozitar registrirani sedež v državi članici, kjer ima sedež AIS.
Where an AIF managed by an authorised AIFM is established in the Union, the depositary shall have its registered office in the Member State where the AIF is established .
Kadar ima AIS, ki ga upravlja UAIS, ki ima dovoljenje, sedež v tretji državi, ima depozitar registrirani sedež v Uniji, razen če:
Where a AIF managed by an authorised AIFM is established in a third country, the depositary shall have its registered office in the Union , unless the following conditions are satisfied:
(a) so pristojni organi matične države članice UAIS in organi tretje države, kjer ima AIS sedež, podpisali sporazume o sodelovanju in izmenjavi informacij;
(a) the competent authorities of the home Member State of the AIFM and those of the third country where the AIF is established have signed cooperation and exchange of information agreements;
(b) je v tretji državi, kjer ima AIS sedež, odločitev sprejeta v skladu s odstavkom 3c, v kateri se navede, da za depozitarje s sedežem v tej državi veljata učinkovita ureditev (vključno z minimalnimi kapitalskimi zahtevami) in nadzor, ki imata enak učinek kot določbe v zakonodaji Unije;
(b) the third country where the AIF is established is the subject of a decision taken pursuant to paragraph 3c stating that depositaries established in that country are subject to effective prudential regulation (including minimum capital requirements) and supervision which are to the same effect as the provisions laid down in Union law;
(ba) je depozitar pogodbeno odgovoren UAIS in vlagateljem v AIS v skladu z odstavkoma 5 in 5a ter se strinja, da bo ravnal v skladu z odstavkoma 4 in 4a;
(ba) the depositary shall by contract be liable to the AIFM and the investors of the AIF consistently with paragraphs 5 and 5a and shall agree to comply with paragraphs 4 and 4a;
(c) za tretjo državo, v kateri ima sedež AIS, velja odločitev, sprejeta v skladu z odstavkom 3c, v kateri je navedeno, da standardi za preprečevanje pranja denarja in financiranja terorizma izpolnjujejo zahteve projektne skupine za finančno ukrepanje ter imajo enak učinek kot zahteve iz Direktive 2005/60/ES Evropskega parlamenta in Sveta z dne 26. oktobra 2005 o preprečevanju uporabe finančnega sistema za pranje denarja in financiranje terorizma
(c) the third country where the AIF is established is the subject of a decision taken pursuant to paragraph 3c stating that the standards to prevent money laundering and terrorist financing meet the Financial Action Task Force requirements and are to the same effect as the requirements set out in Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing
(d) je matična država članica UAIS s tretjo državo, kjer ima AIS sedež, podpisala sporazum, ki je popolnoma skladen s standardi iz člena 26 Vzorčne davčne konvencije OECD in zagotavlja učinkovito izmenjavo informacij glede davčnih zadev;
(d) the home Member State of the AIFM has signed an agreement with the third country where the AIF is established which fully complies with the standards laid down in Article 26 of the OECD Model Tax Convention and ensures an effective exchange of information in tax matters;
(e) je depozitar banka ali subjekt istega značaja kot subjekti iz odstavka 3, ki izpolnjujejo pogoje iz točke (c) tega odstavka.
(e) the depositary shall be a bank or an entity of the same nature as those entities referred to in paragraph 3, which meet the conditions specified in point (c) thereof.
Komisija sprejme delegirane akte v skladu s členi 49a, 49b in 49c, ki določajo:
The Commission shall adopt delegated acts in accordance with Articles 49a, 49b and 49c establishing:
(a) splošna merila za ocenjevanje, ali standardi za preprečevanje pranja denarja in financiranja terorizma v tretjih državah, kot je navedeno v odstavku 3a(c), izpolnjujejo zahteve projektne skupine za finančno ukrepanje ter imajo enak učinek kot zahteve iz Direktive 2005/60/ES;
(a) general criteria for assessing whether the standards to prevent money laundering and terrorist financing of third countries as referred to in paragraph 3a(c) meet the Financial Action Task Force requirements and are to the same effect as the requirements set out in Directive 2005/60/EC;
(b) splošna merila za ocenjevanje, ali imata učinkovita ureditev in nadzor tretjih držav, kot je navedeno v odstavku 3a(b), isti učinek kot določbe iz zakonodaje Unije in ali se učinkovito izvajata.
(b) general criteria for assessing whether the prudential regulation and supervision of third countries as referred to in paragraph 3a(b) are to the same effect as the provisions laid down in Union law and are effectively enforced.
Na podlagi meril iz odstavka 3b Komisija v skladu s členi 49a, 49b in 49c sprejme delegirane akte, v katerih navede:
On the basis of the criteria referred to in paragraph 3b, the Commission shall adopt delegated acts in accordance Articles 49a, 49b and 49c stating:
(a) da standardi tretje države za preprečevanje pranja denarja in financiranja terorizma izpolnjujejo zahteve projektne skupine za finančno ukrepanje ter imajo enak učinek kot zahteve iz Direktive 2005/60/ES;
(a) that the third country's standards to prevent money laundering and terrorist financing meet the Financial Action Task Force requirements and are to the same effect as the requirements set out in Directive 2005/60/EC;
(b) da imata učinkovita ureditev in nadzor tretje države isti učinek kot določbe iz zakonodaje Unije in se učinkovito izvajata.
(b) that the prudential regulation and supervision of a third country are to the same effect as the provisions laid down in Union law and are effectively enforced.
Depozitarji lahko prenesejo svoje naloge , z izjemo funkcij izbire, spremljanja in nadzora poddepozitarjev in podskrbnikov.
Depositaries may delegate their tasks apart from functions of selection, monitoring and oversight over their sub-depositaries and sub-custodians.
Depozitar svojih nalog ne sme prenesti na tretje osebe v tolikšni meri, da bi se njegova vloga zmanjšala na vlogo „poštnega predala“.
A depositary shall not delegate its functions to the extent that it becomes a letter-box entity.
Depozitarji izkazujejo skrbnost dobrega strokovnjaka pri izbiri, imenovanju, rednem pregledovanju in stalnem nadzoru katere koli tretje osebe, na katero so prenesli del svojih nalog, in vseh ureditvah v zvezi z zadevami, ki so ji bile dodeljene.
Depositaries shall exercise due skill, care and diligence in the selection, appointment, periodic review and ongoing supervision of any third party to whom they have delegated part of their tasks and of its arrangements in respect of the matters delegated to it .
Depozitar je odgovoren UAIS in vlagateljem v AIS za vso škodo, ki jo ti utrpijo zaradi neizpolnitve njegovih obveznosti v skladu s to direktivo namerno ali iz malomarnosti, ali neprimernega izvajanja teh obveznosti, razen takrat, ko taka škoda nastane zaradi višje sile .
The depositary shall be liable to the AIFM and the investors of the AIF for any losses suffered by them as a result of its intentional or negligent failure to perform , or improper performance of, its obligations pursuant to this Directive except where such loss arises as a result of force majeure.
V primeru kakršne koli izgube finančnih instrumentov, ki jih depozitar varno hrani, depozitar ni odgovoren le, če dokaže, da je bila škoda povzročena zaradi zunanjega dogodka, da se je ni dalo predvideti in da je ni mogel preprečiti.
In case of any loss of financial instruments which the depositary safe-keeps, the depositary may discharge itself of its liability only if it can prove that the loss has been caused by an external event, that it was not foreseeable and that the depositary could not have avoided the loss which has occurred.
Na odgovornost depozitarja do UAIS in vlagateljev ne vpliva dejstvo, da se je depozitar odločil za enkraten prenos na pooblaščeno tretjo osebo, kot je poddepozitar ali podskrbnik.
The depositary's liability towards AIFM and investors shall not be affected by the fact that it has chosen to undertake a single delegation to an authorised third party, such as a subdepositary or a sub-custodian, of a part of its tasks.
Zato je v primeru izgube finančnih instrumentov, ki jih hrani depozitar, brez poseganja v nacionalno zakonodajo njegova prva obveznost, da brez nepotrebnega odlašanja vrne sredstva v AIS.
Therefore, in the event of any loss of financial instruments which the depositary safe-keeps, as a primary obligation, without prejudice to national law, the depositary shall return the assets to the AIF without undue delay.
Ta zahteva se uporablja brez poseganja v zakonodajne postopke.
This requirement shall apply without prejudice to legal proceedings.
Odgovornost do vlagateljev v AIS je bodisi neposredna ali posredna prek UAIS. ▌
Liability to AIF investors may be invoked either directly or indirectly through the AIFM. ▌
Z odstopanjem od odstavka 5, kadar zakonodaja države, kjer UAIS vlaga v imenu AIS, depozitarju pravno preprečuje izvajanje skrbniških funkcij ali mu je izvajanje skrbniških funkcij onemogočeno zaradi nepredvidenega zunanjega dogodka, depozitar ni odgovoren, med drugim niti za izgubo finančnih instrumentov, če lahko dokaže, da je naloge opravljal s potrebno skrbnostjo, kot je navedeno v odstavku 4a.
By way of exception to paragraph 5, where a depositary is legally prevented by the law of the country where the AIFM invests on behalf of the AIF or unable to exercise custodial functions due to an unforeseeable external event to exercise its custodial functions, the depositary may discharge its liability, including for loss of financial instruments, if it can prove that it has performed its due diligence duties as referred to in paragraph 4a.
Taka razrešitev odgovornosti se lahko zgodi samo enkrat: nobene verige odgovornosti ni.
Such discharge of liability may occur only once: there shall be no chain of liability.
Odgovornost do UAIS in vlagateljev se lahko s pisno pogodbo med depozitarjem in tretjo osebo prenese na pooblaščeno tretjo osebo, ki so ji bile poverjene naloge skrbništva.
Liability towards the AIFM and investors may be transferred to an authorised third party that has been entrusted to carry out its custodial tasks by written contract between the depositary and the third party.
V pogodbi med UAIS in depozitarjem je določeno, da mora biti UAIS obveščen o vsaki pogodbi med depozitarjem in tretjo osebo, preden ta začne veljati.
The contract between the AIFM and the depositary shall provide that the AIFM be informed of any contract between the depositary and a third party before it comes into effect.
Tudi vlagatelje se obvesti o tej pogodbi in o delitvi odgovornosti med sodelujočimi strankami pred njihovim vlaganjem v AIS.
Before they invest in the AIF, investors shall also be informed of such a contract and of the shared responsibility between the parties involved.
Kadar je za depozitarja iz tretje države odločitev sprejeta v skladu z odstavkom 3c, pogodba drugega pododstavka ni potrebna.
Where a third-country depositary is the subject of the decisions taken pursuant to paragraph 3c, a contract, as referred to in the second subparagraph, shall not be required.
Z izjemo od odstavka 5, če pogodba med depozitarjem in glavnim posrednikom ali poddepozitarjem omogoča prenos ali ponovno uporabo premoženja v skladu s pravili AIS ali ustanovitveno listino, depozitar ni odgovoren, če lahko dokaže, da je naloge opravljal s potrebno skrbnostjo, kot je navedeno odstavku 4a.
By way of exception to paragraph 5, where the contract between the depositary and a prime broker or a sub-custodian allows for the transfer and reuse of assets in compliance with the AIF rules or instruments of incorporation, the depositary may discharge its own liability if it can prove that it has performed its due diligence duties as referred to in paragraph 4a.
Pogodba med UAIS in depozitarjem določa, da je UAIS obveščen o določbi, ki omogoča prenos in ponovno uporabo premoženja v skladu s pravili AIS pred njeno izvedbo.
The contract between the AIFM and the depositary shall provide that the AIFM be informed of a provision allowing the transfer and reuse of assets in accordance with the rules of the AIF before its implementation.
Vlagatelje se pred vlaganjem v AIS opozori na to določbo in se jim posredujejo najnovejši podatki o tretji osebi.
Before they invest in the AIF, investors shall be informed of that clause and updated about the identity of the third party.
Zlasti se jih obvesti o vsakem prenosu odgovornosti na morebitno tretjo osebo, tudi v primeru izgube finančnih instrumentov.
In particular, investors shall be informed of any transfer of liability to the third party that may exist, including in the event of loss of financial instruments.
V tem primeru se rok za povrnitev premoženja določi v skladu z določbami pogodbe med depozitarjem in tretjo osebo.
In that case, the delay for restitution shall be in accordance with the terms of the contract between the depositary and the third party.
Depozitar da na voljo pristojnim organom matične države članice na zahtevo vse informacije, ki jih je dobil med izvajanjem svojih nalog in bi jih ti lahko potrebovali za nadzor UAIS.
The depositary shall make available on request to the competent authorities of its home Member State all information which it has obtained while undertaking its duties and that may be necessary for the competent authorities to supervise the AIFM.
Če matična država članica UAIS ni matična država članica depozitarja, pristojni organi slednje o prejetih informacijah nemudoma obvestijo pristojne organe matične države članice UAIS.
If the home Member State of the AIFM is different from that of the depositary, the competent authorities of the home Member State of the depositary shall share the information received without delay with the competent authorities of the home Member State of the AIFM.
Komisija sprejme delegirane akte v skladu s členi 49a, 49b in 49c, ki podrobneje opredeljujejo naloge in pristojnosti depozitarjev ter pogoje, pod katerimi lahko depozitar za AIS prenese del svojih funkcij na tretjo osebo.
The Commission shall adopt delegated acts in accordance with Articles 49a, 49b and 49c further specifying the duties and responsibilities of depositaries and the conditions under which an AIF depositary may delegate some of its functions to a third party.
ODDELEK 4: PRENOS FUNKCIJ UAIS
SECTION 4: DELEGATION OF AIFM FUNCTIONS
Člen 18 Prenos
Article 18 Delegation
UAIS, ki namerava na tretje osebe prenesti nalogo opravljanja ene ali več funkcij, vnaprej obvesti pristojne organe matične države članice, in sicer za vsak prenos.
AIFM which intend to delegate to third parties the task of carrying out on their behalf one or more of their functions shall inform the competent authorities of the home Member State in advance for each delegation.
Pristojni organ lahko ta prenos zavrne v enem mesecu.
The competent authorities may reject such delegation within one month.