natgillin/translations-raw huggingface dataset:
Police življenjskega zavarovanja, zastavljene posojilni kreditni instituciji, se lahko priznajo, če so izpolnjeni naslednji pogoji:
For life insurance policies pledged to the lending credit institution to be recognised the following conditions shall be met:
družba, ki daje življenjsko zavarovanje, se lahko prizna kot primeren izdajatelj osebnih kreditnih zavarovanj na podlagi odstavka 26 dela 1;
the company providing the life insurance may be recognised as an eligible unfunded credit protection provider under Part 1, point 26;
polica življenjskega zavarovanja je izrecno zastavljena posojilni kreditni instituciji ali je prenesena nanjo;
the life insurance policy is openly pledged or assigned to the lending credit institution;
družba, ki daje življenjsko zavarovanje, je obveščena o zastavi ali dodelitvi in zaradi tega ne more plačati na podlagi pogodbe izplačljivih zneskov brez privoljenja posojilne kreditne institucije;
the company providing the life insurance is notified of the pledge or assignment and as a result may not pay amounts payable under the contract without the consent of the lending credit institution;
določene odkupne vrednosti police ni mogoče zmanjšati;
the declared surrender value of the policy is non-reducible;
posojilna kreditna institucija mora imeti pravico do odpovedi police in pravočasnega prejetja odkupne vrednosti v primeru kreditojemalčevega neplačila;
the lending credit institution must have the right to cancel the policy and receive the surrender value in a timely way in the event of the default of the borrower;
posojilna kreditna institucija se obvesti o vsakem neplačilu po polici s strani imetnika police;
the lending credit institution is informed of any non-payments under the policy by the policy-holder;
kreditno zavarovanje se mora zagotavljati do dospelosti posojila.
the credit protection must be provided for the maturity of the loan.
Kadar to ni mogoče, ker se zavarovalno razmerje konča pred iztekom posojilnega razmerja, mora kreditna institucija zagotoviti, da znesek iz zavarovalne pogodbe kreditni instituciji do izteka sporazuma o kreditu služi kot garancija; in
Where this is not possible because the insurance relationship ends before the loan relationship expires, the credit institution must ensure that the amount deriving from the insurance contract serves the credit institution as security until the end of the duration of the credit agreement; and
zastava ali prenos mora biti pravno učinkovita in izvršljiva v vseh zadevnih pravnih redih, ki veljajo ob sklenitvi sporazuma o kreditu.
the pledge or assignment must be legally effective and enforceable in all jurisdictions which are relevant at the time of the conclusion of the credit agreement.
OSEBNO KREDITNO ZAVAROVANJE IN KREDITNI ZAPISI
UNFUNDED CREDIT PROTECTION AND CREDIT LINKED NOTES
Zahteve, ki se nanašajo tako na osebna jamstva kot na kreditne izvedene finančne instrumente
Requirements common to guarantees and credit derivatives
V skladu z odstavkom 16 morajo biti izpolnjeni naslednji pogoji za priznanje kreditnega zavarovanja iz naslova osebnega jamstva ali kreditnega izvedenega finančnega instrumenta:
Subject to point 16, for the credit protection deriving from a guarantee or credit derivative to be recognised the following conditions shall be met:
kreditno zavarovanje je neposredno;
the credit protection shall be direct;
obseg kreditnega zavarovanja je jasno opredeljen in nesporen;
the extent of the credit protection shall be clearly defined and incontrovertible;
pogodba o kreditnem zavarovanju ne vsebuje nikakršne klavzule, katere izpolnitev je izven neposrednega nadzora posojilodajalca, ki bi:
the credit protection contract shall not contain any clause, the fulfilment of which is outside the direct control of the lender, that:
izdajatelju kreditnega zavarovanja dovoljevala, da enostransko prekliče zavarovanje,
would allow the protection provider unilaterally to cancel the protection;
povečala dejanske stroške zavarovanja zaradi poslabšanja kreditne kvalitete zavarovane izpostavljenosti,
would increase the effective cost of protection as a result of deteriorating credit quality of the protected exposure;
lahko preprečila obveznost izdajatelja kreditnega zavarovanja, da pravočasno plača v primeru, da prvotni dolžnik ne poravna zapadlih plačil, ali
could prevent the protection provider from being obliged to pay out in a timely manner in the event that the original obligor fails to make any payments due; or
lahko izdajatelju kreditnega zavarovanja dovoljevala, da skrajša zapadlost kreditnega zavarovanja; in
could allow the maturity of the credit protection to be reduced by the protection provider; and
biti mora pravno učinkovita in izvršljiva v vseh zadevnih pravnih redih, ki veljajo ob sklenitvi sporazuma o kreditu.
it must be legally effective and enforceable in all jurisdictions which are relevant at the time of the conclusion of the credit agreement.
Kreditna institucija izpolni zahteve pristojnih organov, da ima vzpostavljene sisteme za upravljanje z morebitno koncentracijo tveganja, ki izhaja iz uporabe osebnih jamstev ali kreditnih izvedenih finančnih instrumentov.
The credit institution shall satisfy the competent authority that it has systems in place to manage potential concentration of risk arising from the credit institution's use of guarantees and credit derivatives.
Kreditna institucija mora biti sposobna prikazati, kako je njena strategija uporabe kreditnih izvedenih finančnih instrumentov in osebnih jamstev povezana z njenim upravljanjem celotnega profila tveganj.
The credit institution must be able to demonstrate how its strategy in respect of its use of credit derivatives and guarantees interacts with its management of its overall risk profile.
Posredna osebna jamstva držav in drugih oseb javnega prava
Sovereign and other public sector counter-guarantees
Če je izpostavljenost zavarovana z osebnim jamstvom, za katerega posredno jamči enota centralne ravni države ali centralna banka, regionalna ali lokalna raven države ali oseba javnega sektorja, do katerih terjatve se v skladu s členi 78 do 83 obravnavajo kot terjatve do enote centralne ravni države, na ozemlju katere nastanejo, multilateralna razvojna banka, za katero se v skladu s členi 78 do 83 uporablja utež tveganja 0 %, ali oseba javnega prava, terjatve do katere se v skladu s členi 78 do 83 obravnavajo kot terjatve do kreditnih institucij, se lahko šteje, da je izpostavljenost zavarovana z osebnim jamstvom, ki ga je zagotovila zadevna oseba, če so izpolnjeni naslednji pogoji:
Where an exposure is protected by a guarantee which is counter-guaranteed by a central government or central bank, a regional government or local authority, a public sector entity, claims on which are treated as claims on the central government in whose jurisdiction they are established under Articles 78 to 83, a multi-lateral development bank to which a 0% risk weight is assigned under or by virtue of Articles 78 to 83, or a public sector entity, claims on which are treated as claims on credit institutions under Articles 78 to 83, the exposure may be treated as protected by a guarantee provided by the entity in question, provided the following conditions are satisfied:
posredno osebno jamstvo krije vse sestavine kreditnega tveganja terjatve;
the counter-guarantee covers all credit risk elements of the claim;
tako prvotno jamstvo kot tudi posredno jamstvo izpolnjujeta zahteve za jamstva, določene v odstavkih 14, 15 in 18, razen da se za posredno jamstvo ne zahteva neposrednost; in
both the original guarantee and the counter-guarantee meet the requirements for guarantees set out in points 14, 15 and 18, except that the counter-guarantee need not be direct; and
izpolni se zahteva pristojnega organa, da je kritje zanesljivo in da v pretekli dokumentaciji ni ničesar, kar bi nakazovalo, da je kritje posrednega osebnega jamstva manj kot dejansko enakovredno kritju neposrednega osebnega jamstva zadevne osebe.
the competent authority is satisfied that the cover is robust and that nothing in the historical evidence suggests that the coverage of the counter-guarantee is less than effectively equivalent to that of a direct guarantee by the entity in question.
Postopek iz odstavka 16 se uporablja tudi za izpostavljenost, za katero posredno ne jamčijo v tem odstavku navedene osebe, če posredno jamstvo zanje namesto tega neposredno zagotavlja ena od navedenih oseb in so izpolnjeni pogoji, navedeni v odstavku 16.
The treatment set out in point 16 also applies to an exposure which is not counter-guaranteed by an entity listed in that point if that exposure's counter-guarantee is in turn directly guaranteed by one of the listed entities and the conditions listed in that point are satisfied.
Dodatne zahteve za osebna jamstva
Additional requirements for guarantees
Za priznanje osebnega jamstva morajo biti izpolnjeni še naslednji pogoji:
For a guarantee to be recognised the following conditions shall also be met:
ob kvalificirani kršitvi in/ali neplačilu nasprotne stranke ima posojilna kreditna institucija pravico, da od izdajatelja osebnega jamstva pravočasno zahteva vse zapadle denarne zneske iz naslova terjatve, v zvezi s katero je zagotovljeno zavarovanje.
on the qualifying default of and/or non-payment by the counterparty, the lending credit institution shall have the right to pursue, in a timely manner, the guarantor for any monies due under the claim in respect of which the protection is provided.
V primeru osebnih kreditnih zavarovanj, ki pokrivajo stanovanjska hipotekarna posojila, je treba zahteve v členu 14(c)(iii) in prvega pododstavka te točke izpolniti šele v obdobju, ki skupno znaša 24 mesecev;
In the case of unfunded credit protection covering residential mortgage loans, the requirements in point 14(c)(iii) and in the first subparagraph of this point have only to be satisfied within 24 months;
osebno jamstvo je izrecno dokumentirana obveznost, ki jo prevzame izdajatelj jamstva; in
the guarantee shall be an explicitly documented obligation assumed by the guarantor; and
v skladu z naslednjim stavkom osebno jamstvo krije vse vrste plačil, za katere se pričakuje, da jih v zvezi s terjatvijo opravi dolžnik.
subject to the following sentence, the guarantee shall cover all types of payments the obligor is expected to make in respect of the claim.
Če so določene vrste plačil izključene iz osebnega jamstva, se priznana vrednost jamstva prilagodi tako, da so upoštevane omejitve kritja.
Where certain types of payment are excluded from the guarantee, the recognised value of the guarantee shall be adjusted to reflect the limited coverage.
V primeru osebnih jamstev, zagotovljenih v okviru vzajemnih jamstvenih shem, ki jih v ta namen priznajo pristojni organi ali jih zagotovijo ali za njih posredno osebno jamčijo osebe, navedene v odstavku 16, se šteje, da so zahteve iz odstavka 18(a) izpolnjene, če je izpolnjen eden od naslednjih pogojev:
In the case of guarantees provided in the context of mutual guarantee schemes recognised for these purposes by the competent authorities or provided by or counter-guaranteed by entities referred to in point 16, the requirements in point 18(a) shall be considered to be satisfied where either of the following conditions are met:
posojilna kreditna institucija ima pravico, da od izdajatelja osebnega jamstva pravočasno pridobi začasno plačilo, izračunano tako, da predstavlja grobo oceno zneska ekonomske izgube, vključno z izgubami zaradi neplačila obresti in drugih vrst plačil, ki jih je kreditojemalec obvezen poravnati, za katere je verjetno, da jih bo imela kreditna institucija sorazmerno z jamstvenim kritjem; ali
the lending credit institution has the right to obtain in a timely manner a provisional payment by the guarantor calculated to represent a robust estimate of the amount of the economic loss, including losses resulting from the non-payment of interest and other types of payment which the borrower is obliged to make, likely to be incurred by the lending credit institution proportional to the coverage of the guarantee; or
posojilna kreditna institucija lahko dokaže, da učinki osebnega jamstva, ki se kažejo v varovanju pred izgubami, vključno z izgubami zaradi neplačila obresti in drugih vrst plačil, ki jih je kreditojemalec obvezen poravnati, upravičujejo takšno obravnavo.
the lending credit institution can demonstrate that the loss-protecting effects of the guarantee, including losses resulting from the non-payment of interest and other types of payments which the borrower is obliged to make, justify such treatment.
Dodatne zahteve za kreditne izvedene finančne instrumente
Additional requirements for credit derivatives
Za priznanje kreditnega izvedenega finančnega instrumenta morajo biti izpolnjeni še naslednji pogoji:
For a credit derivative to be recognised the following conditions shall also be met:
v skladu s točko (b) kreditni dogodki, ki spadajo v okvir kreditnega izvedenega finančnega instrumenta, obsegajo najmanj:
subject to point (b), the credit events specified under the credit derivative shall at a minimum include:
neplačilo zapadlih zneskov v skladu s pogoji osnovne obveznosti, veljavnimi v času neplačila (z obdobjem odloga plačila, ki je bodisi usklajeno z obdobjem odloga plačila po osnovni obveznosti ali krajše od tega obdobja),
the failure to pay the amounts due under the terms of the underlying obligation that are in effect at the time of such failure (with a grace period that is closely in line with or shorter than the grace period in the underlying obligation);
stečaj, nesolventnost ali nesposobnost dolžnika, da plača svoje dolgove, njegovo splošno nesposobnost plačevati dolgove ob zapadlosti ali njegovo pisno priznanje tega dejstva in podobni dogodki, in
the bankruptcy, insolvency or inability of the obligor to pay its debts, or its failure or admission in writing of its inability generally to pay its debts as they become due, and analogous events; and
prestrukturiranje osnovne obveznosti, ki se nanaša na odpis ali odlog plačila glavnice, obresti ali opravnin/provizij, zaradi česar nastane dogodek kreditne izgube (tj. popravek vrednosti ali drugo knjiženje v breme izkaza poslovnega izida);
the restructuring of the underlying obligation involving forgiveness or postponement of principal, interest or fees that results in a credit loss event (i.e. value adjustment or other similar debit to the profit and loss account);
če kreditni dogodki, določeni v okviru kreditnega izvedenega finančnega instrumenta, ne zajemajo prestrukturiranja osnovne obveznosti, kakor je opisano v točki (iii) pododstavka (a), se lahko kreditno zavarovanje kljub temu prizna, če se zniža priznana vrednost, kot je to določeno v odstavku 83 dela 3;
where the credit events specified under the credit derivative do not include restructuring of the underlying obligation as described in point (a)(iii), the credit protection may nonetheless be recognised subject to a reduction in the recognised value as specified in point 83 of Part 3;
v primeru, da kreditni izvedeni finančni instrumenti dopuščajo denarno poravnavo, se vzpostavi zanesljiv postopek vrednotenja za natančno ocenjevanje izgube.
in the case of credit derivatives allowing for cash settlement, a robust valuation process shall be in place in order to estimate loss reliably.
Določi se jasno opredeljen rok za pridobivanje vrednotenj osnovne obveznosti po kreditnem dogodku;
There shall be a clearly specified period for obtaining post-credit-event valuations of the underlying obligation;
če se za poravnavo zahteva pravica in sposobnost kupca zavarovanja, da osnovno obveznost prenese na izdajatelja kreditnega zavarovanja, se v pogojih osnovne obveznosti določi, da nobeno zahtevano soglasje k takemu prenosu ne sme biti neutemeljeno zavrnjeno; in
if the protection purchaser's right and ability to transfer the underlying obligation to the protection provider is required for settlement, the terms of the underlying obligation shall provide that any required consent to such transfer may not be unreasonably withheld; and
istovetnost strank, pristojnih za ugotavljanje, ali je nastal kreditni dogodek, se jasno opredeli.
the identity of the parties responsible for determining whether a credit event has occurred shall be clearly defined.
To ugotavljanje ni izključna odgovornost izdajatelja kreditnega zavarovanja.
This determination shall not be the sole responsibility of the protection provider.
Kupec zavarovanja ima pravico/sposobnost, da izdajatelja kreditnega zavarovanja obvesti o nastanku kreditnega dogodka.
The protection buyer shall have the right/ability to inform the protection provider of the occurrence of a credit event.
Neusklajenost med osnovno obveznostjo in referenčno obveznostjo po kreditnem izvedenem finančnem instrumentu (tj. obveznostjo, ki se uporablja za ugotavljanje vrednosti denarne poravnave, ali obveznostjo, ki jo je treba prenesti) ali med osnovno obveznostjo in obveznostjo, ki se uporablja za ugotavljanje, ali je nastal kreditni dogodek, je dovoljena samo, če so izpolnjeni naslednji pogoji:
A mismatch between the underlying obligation and the reference obligation under the credit derivative (i.e. the obligation used for the purposes of determining cash settlement value or the deliverable obligation) or between the underlying obligation and the obligation used for purposes of determining whether a credit event has occurred is permissible only if the following conditions are met:
referenčna obveznost ali obveznost, ki se uporablja za ugotavljanje, ali je nastal kreditni dogodek, odvisno od primera, je uvrščena pari passu z osnovno obveznostjo ali je njej podrejena; in
the reference obligation or the obligation used for purposes of determining whether a credit event has occurred, as the case may be, ranks pari passu with or is junior to the underlying obligation; and
osnovna obveznost in referenčna obveznost ali obveznost, ki se uporablja za ugotavljanje, ali je nastal kreditni dogodek, odvisno od primera, imata istega dolžnika (tj., isto pravno osebo), uveljavljeni pa sta tudi pravno izvršljivi klavzuli o navzkrižni ugotovitvi neplačila in o navzkrižni takojšnji zapadlosti.
the underlying obligation and the reference obligation or the obligation used for purposes of determining whether a credit event has occurred, as the case may be, share the same obligor (i.e., the same legal entity) and there are in place legally enforceable cross-default or cross-acceleration clauses.
Zahteve glede primernosti za obravnavo v skladu z odstavkom 4 dela 1 Priloge VII
Requirements to qualify for the treatment set out in Annex VII, Part 1, point 4
Da bi bilo upravičeno do postopka, določenega v odstavku 4 dela 1 Priloge VII, mora kreditno zavarovanje na podlagi jamstva ali kreditnega izvedenega finančnega instrumenta, izpolniti naslednje pogoje:
To be eligible for the treatment set out in Annex VII, Part 1, point 4, credit protection deriving from a guarantee or credit derivative shall meet the following conditions:
osnovna obveznost je:
the underlying obligation shall be to:
izpostavljenost do podjetij, kakor je določena v členu 86, brez zavarovalnic in pozavarovalnic,
a corporate exposure as defined in Article 86, excluding insurance and reinsurance undertakings;
izpostavljenost do regionalne ali lokalne ravni države ali osebe javnega sektorja, ki ni obravnavana kot izpostavljenost do centralne ravni države ali centralne banke v skladu s členom 86, ali
an exposure to a regional government, local authority or Public Sector Entity which is not treated as an exposure to a central government or a central bank according to Article 86; or
izpostavljenost do majhnega ali srednje velikega subjekta, razvrščena kot izpostavljenost do majhnih dolžnikov v skladu s členom 86(4);
an exposure to a small or medium sized entity, classified as a retail exposure according to Article 86(4);
osnovni dolžniki niso člani iste skupine kot izdajatelj zavarovanja;
the underlying obligors shall not be members of the same group as the protection provider;
izpostavljenost se varuje z enim od naslednjih instrumentov:
the exposure shall be hedged by one of the following instruments:
kreditnimi izvedenimi finančnimi instrumenti za eno samo izpostavljenost ali jamstvi za eno samo izpostavljenost (single name),
single-name unfunded credit derivatives or single-name guarantees,
produkti iz košare na podlagi prvega neplačila – obravnava se uporabi za sredstvo znotraj košare z najmanjšo vrednostjo tveganju prilagojene izpostavljenosti, ali
first-to-default basket products – the treatment shall be applied to the asset within the basket with the lowest risk-weighted exposure amount, or
produkti iz košare na podlagi n-tega neplačila – pridobljeno zavarovanje je primerno za upoštevanje samo znotraj tega okvira, če je bilo pridobljeno tudi primerno zavarovanje na podlagi neplačila (n-1) ali če so sredstva (n-1) znotraj košare že v neplačilu.
nth-to-default basket products – the protection obtained is only eligible for consideration under this framework if eligible (n-1)th default protection has also be obtained or where (n-1) of the assets within the basket has/have already defaulted.
V takih primerih se postopek uporabi za sredstvo znotraj košare z najmanjšo vrednostjo tveganju prilagojene izpostavljenosti;
Where this is the case the treatment shall be applied to the asset within the basket with the lowest risk-weighted exposure amount;
kreditno zavarovanje izpolnjuje zahteve, določene v odstavkih 14, 15, 18, 20 in 21;
the credit protection meets the requirements set out in points 14, 15, 18, 20 and 21;
utež tveganja, ki ustreza izpostavljenosti pred uporabo obravnave iz odstavka 4, dela 1 Priloge VII, ni nikakor že vključena v kreditno zavarovanje;
the risk weight that is associated with the exposure prior to the application of the treatment in Annex VII, Part 1, point 4, does not already factor in any aspect of the credit protection;
kreditna institucija ima pravico in pričakuje, da od izdajatelja kreditnega zavarovanja prejme plačilo ne da bi sprejela zakonske ukrepe, katerih namen bi bil terjati plačilo od nasprotne stranke.
a credit institution shall have the right and expectation to receive payment from the protection provider without having to take legal action in order to pursue the counterparty for payment.
Kreditna institucija sprejme vse možne ukrepe, da se prepriča, da je izdajatelj zavarovanja pripravljen takoj plačati, če pride do kreditnega dogodka;
To the extent possible, a credit institution shall take steps to satisfy itself that the protection provider is willing to pay promptly should a credit event occur;
kupljeno kreditno zavarovanje pokriva vse kreditne izgube, ki nastanejo na varovanem delu izpostavljenosti zaradi kreditnih dogodkov, opisanih v pogodbi;
the purchased credit protection shall absorb all credit losses incurred on the hedged portion of an exposure that arise due to the occurrence of credit events outlined in the contract;
če struktura izplačil omogoča fizično poravnavo, potem mora obstajati pravna gotovost v zvezi z izročljivostjo posojila, obveznice ali posredne obveznosti.
if the payout structure provides for physical settlement, then there shall be legal certainty with respect to the deliverability of a loan, bond, or contingent liability.
Če kreditna institucija namerava izročiti obveznost, ki ni osnovna izpostavljenost, zagotovi, da je izročljiva obveznost dovolj likvidna, da ima kreditna institucija zmožnost, da jo kupi za izročitev v skladu s pogodbo;
If a credit institution intends to deliver an obligation other than the underlying exposure, it shall ensure that the deliverable obligation is sufficiently liquid so that the credit institution would have the ability to purchase it for delivery in accordance with the contract;
pogoje ureditve kreditnega zavarovanja zakonsko potrdita v pisni obliki tako izdajatelj kreditnega zavarovanja kot kreditna institucija;
the terms and conditions of credit protection arrangements shall be legally confirmed in writing by both the protection provider and the credit institution;