natgillin/translations-raw huggingface dataset:
prilagoditev tehničnih določb v Prilogah I do VII zaradi dogajanja na finančnih trgih, merjenja tveganja ter računovodskih standardov in zahtev, ki upoštevajo zakonodajo Skupnosti, ali v zvezi z zbliževanjem nadzornih praks; ali
adjustment of the technical provisions in Annexes I to VII as a result of developments on financial markets, risk measurement, accounting standards or requirements which take account of Community legislation or which have regard to convergence of supervisory practices; or
tehnične prilagoditve za upoštevanje rezultatov pregleda iz člena 65(3) Direktive 2004/39/ES.
technical adaptations to take account of the outcome of the review referred to in Article 65(3) of Directive 2004/39/EC.
Noben sprejet izvedbeni ukrep ne sme spremeniti temeljnih določb te direktive.
None of the implementing measures enacted may change the essential provisions of this Directive
Komisiji pomaga Evropski odbor za bančništvo, ki je bil ustanovljen s Sklepom Komisije 2004/10/ES z dne 5. novembra 2003 UL L 3, 7.1.2004, str.
The Commission shall be assisted by the European Banking Committee established by Commission Decision 2004/10/EC of 5 November 2003 OJ L 3, 7.1.2004, p.
(v nadaljnjem besedilu "odbor").
(hereinafter referred to as "the Committee").
Pri sklicevanju na ta odstavek se uporablja člen 5 Sklepa 1999/468/ES, ob upoštevanju določb členov 7(3) in 8 Sklepa.
Where reference is made to this paragraph, the procedure laid down in Article 5 of Decision 1999/468/EC shall apply, having regard to the provisions of Article 7(3) and 8 thereof.
Brez poseganja v že sprejete izvedbene ukrepe, po izteku dveletnega obdobja po sprejetju te direktive in najpozneje 1. aprila 2008, se uporaba določb, ki zahtevajo sprejem tehničnih pravil, sprememb in sklepov v skladu z odstavkom 2, začasno opusti.
Without prejudice to the implementing measures already adopted, upon expiry of a two-year period following the adoption of this Directive, and by 1 April 2008, the application of the provisions of this Directive requiring the adoption of technical rules, amendments and decisions in accordance with paragraph 2 shall be suspended.
Na predlog Komisije lahko Evropski parlament in Svet obnovita zadevne določbe v skladu s postopkom, določenim v členu 251 Pogodbe, in jih v ta namen pregledata pred iztekom v tem odstavku navedenega obdobja ali dneva.
Acting on a proposal from the Commission and in accordance with the procedure laid down in Article 251 of the Treaty, the Parliament and the Council may renew those provisions and, to that end, shall review them prior to the expiry of the period or by the date referred to in this paragraph, whichever the earlier.
Odbor sprejme svoj poslovnik.
The Committee shall adopt its Rules of Procedure
Člen 152(1) do (7) Direktive 2006/.../ES
Article 152(1) to (7) of Directive 2006/.../EC
Pristojni organi lahko investicijskim podjetjem dovolijo, da presežejo zgornje meje velikih izpostavljenosti iz člena 111 Direktive 2006/.../ES
Competent authorities may permit investment firms to exceed the limits concerning large exposures set out in Article 111 of Directive 2006/.../EC
Investicijskim podjetjem ni treba upoštevati vseh prekoračitev pri izračunu kapitalskih zahtev, ki presegajo te omejitve, kakor je predvideno v členu 75(b) navedene direktive.
Investment firms need not include any excesses in their calculation of capital requirements exceeding such limits, as set out in Article 75(b) of that Directive.
investicijsko podjetje zagotavlja investicijske storitve ali izvaja investicijske dejavnosti, povezane s finančnimi instrumenti, naštetimi v odstavkih 5, 6, 7, 9 in 10 oddelka C Priloge I k Direktivi 2004/39 ES;
the investment firm provides investment services or investment activities related to the financial instruments listed in points 5, 6, 7, 9 and 10 of Section C of Annex I to Directive 2004/39/EC;
investicijsko podjetje teh investicijskih storitev ne zagotavlja ali teh investicijskih dejavnosti ne izvaja za majhne stranke investitorje ali v njihovem imenu;
the investment firm does not provide such investment services or undertake such investment activities for, or on behalf of, retail clients;
kršitve omejitev iz uvodnega dela tega odstavka so povezane z izpostavljenostmi, izvirajočimi iz pogodb, ki so po točki (a) finančni instrumenti in povezani z blagom ali osnovnimi instrumenti v smislu odstavka 10 oddelka C Priloge I k Direktivi 2004/39/ES (MiFID) ter se izračunavajo v skladu s Prilogama III in IV Direktive 2006/.../ES, ali v povezavi z izpostavljenostmi, ki izhajajo iz pogodb o poravnavi blaga ali emisijskih pravicah; in
breaches of the limits referred to in the introductory part of this paragraph arise in connection with exposures resulting from contracts that are financial instruments as listed in point (a) and relate to commodities or underlyings within the meaning of point 10 of Section C of Annex I to Directive 2004/39/EC (MiFID) and are calculated in accordance with Annexes III and IV of Directive 2006/.../EC*, or in connection with exposures resulting from contracts concerning the delivery of commodities or emission allowances; and
investicijsko podjetje ima dokumentirano strategijo upravljanja, zlasti za nadzorovanje in omejevanje tveganj, ki izhajajo iz koncentracije izpostavljenosti.
the investment firm has a documented strategy for managing and, in particular, for controlling and limiting risks arising from the concentration of exposures.
Investicijsko podjetje mora nemudoma obvestiti pristojne organe o tej strategiji in o vseh njenih bistvenih spremembah.
The investment firm shall inform the competent authorities of this strategy and all material changes to it without delay.
Investicijsko podjetje sprejme ustrezne ukrepe, da zagotovi stalno spremljanje bonitete kreditojemalcev glede na njihov vpliv na tveganje koncentracije.
The investment firm shall make appropriate arrangements to ensure a continuous monitoring of the creditworthiness of borrowers, according to their impact on concentration risk.
Investicijsko podjetje se mora biti na podlagi teh ukrepov sposobno primerno in pravočasno odzivati na morebitno poslabšanje bonitete.
These arrangements shall enable the investment firm to react adequately and sufficiently promptly to any deterioration in that creditworthiness.
Če investicijsko podjetje preseže notranje zgornje omejitve, določene v skladu s strategijo iz točke (d) odstavka 1, mora pristojne organe nemudoma obvestiti o vrsti in obsegu prekoračitve ter o nasprotni stranki.
Where an investment firm exceeds the internal limits set according to the strategy referred to in point (d) of paragraph 1, it shall notify the competent authority without delay of the size and nature of the excess and of the counterparty.
Namesto tega je kapitalska zahteva enaka vsaj najnižji vrednosti:
Instead, the capital requirement in relation to those investment firms shall be at least the lower of:
kapitalskih zahtev, ki izhajajo iz točke (d) člena 75 Direktive 2006/.../ES
the capital requirements arising from point (d) of Article 75 of Directive 2006/.../EC
12/88 od višje vrednosti naslednjega:
12/88 of the higher of the following:
vsote kapitalskih zahtev po točkah (a) do (c) člena 75 Direktive 2006/.../ES
the sum of the capital requirements contained in points (a) to (c) of Article 75 of Directive 2006/.../EC
zneska, določenega v členu 21 te direktive, ne glede na člen 20(5).
the amount laid down in Article 21 of this Directive, notwithstanding Article 20(5).
Če se uporablja točka (b), se uporabi posamezno povečanje najmanj na letni osnovi.
If point (b) applies, an incremental increase shall be applied on at least an annual basis.
Z uporabo tega odstopanja se raven kapitalskih zahtev za investicijsko podjetje v primerjavi z zahtevami 31. decembra 2006 ne zniža, razen če takšno znižanje je upravičeno zaradi zmanjšanega obsega poslovanja investicijskega podjetja.
Applying this derogation shall not result in a reduction in the overall level of capital requirements for an investment firm, in comparison to the requirements as at 31 December 2006, unless such a reduction is prudentially justified by a reduction in the size of the investment firm's business.
Do 31. decembra 2009 ali drugega zgodnejšega datuma, ki ga določijo pristojni organi za vsak primer posebej, lahko institucije, ki so v skladu z odstavkom 1 Priloge V prejele priznanje modela za posebno pozicijsko tveganje pred 1. januarjem 2007, na podlagi tega obstoječega priznanja obravnavajo odstavka 4 in 8 Priloge V k Direktivi 93/6/EGS, kot sta navedena odstavka veljala pred 1. januarjem 2007.
Until 31 December 2009 or any earlier date specified by the competent authorities on a case-by-case basis, institutions that have received specific risk model recognition prior to 1 January 2007 in accordance with point 1 of Annex V may, for that existing recognition, treat points 4 and 8 of Annex V to Directive 93/6/EEC as those points stood prior to 1 January 2007.
Določbe o kapitalskih zahtevah iz te direktive in Direktive 2006/.../ES
The provisions on capital requirements as laid down in this Directive and Directive 2006/.../EC
ne veljajo za investicijska podjetja, katerih glavne dejavnosti obsegajo izključno zagotavljanje investicijskih storitev ali izvajanje dejavnosti v zvezi s finančnimi instrumenti, določenimi v odstavkih 5,6,7, 9 in 10 oddelka C Priloge I k Direktivi 2004/39/ES, in za katere se dne 31. decembra 2006 Direktiva 93/22/EGS Direktiva Sveta 93/22/EGS z dne 10. maja 1993 o investicijskih storitvah na področju vrednostnih papirjev (UL L 141, 11.6.1993, str.
shall not apply to investment firms whose main business consists exclusively of the provision of investment services or activities in relation to the financial instruments set out in points 5, 6, 7, 9 and 10 of Section C of Annex I to Directive 2004/39/EC and to whom Directive 93/22/EEC Council Directive 93/22/EEC of 10 May 1993 on investment services in the securities field (OJ L 141, 11.6.1993, p.
ni veljala.
did not apply on 31 December 2006.
Izjema velja do 31. decembra 2010 ali do začetka veljave morebitnih sprememb v skladu z odstavkoma 2 in 3, če bodo te spremembe začele veljati pred zgornjim datumom.
This exemption is available until 31 December 2010 or the date of entry into force of any modifications pursuant to paragraphs 2 and 3, whichever is the earlier.
V okviru revizije, zahtevane v členu 65(3) Direktive 2004/39/ES, Komisija na podlagi javnih posvetovanj in v luči razprav s pristojnimi organi poroča Evropskemu parlamentu in Svetu o:
As part of the review required by Article 65(3) of Directive 2004/39/EC, the Commission shall, on the basis of public consultations and in the light of discussions with the competent authorities, report to the Parliament and the Council on:
ustrezni ureditvi skrbnega nadzora investicijskih podjetij, katerih glavne dejavnosti obsegajo izključno zagotavljanje investicijskih storitev ali izvajanje investicijskih dejavnosti, povezanih z izvedenimi finančnimi instrumenti na blago ali z izvedenimi finančnimi instrumenti, navedenimi pod točkami 5, 6, 7, 9 in 10 oddelka C Priloge I k Direktivi 2004/39 ES; in
an appropriate regime for the prudential supervision of investment firms whose main business consists exclusively of the provision of investment services or activities in relation to the commodity derivatives or derivatives contracts set out in points 5, 6, 7, 9 and 10 of Section C of Annex I to Directive 2004/39/EC; and
smotrnost spreminjanja Direktive 2004/39/ES zaradi ustvarjanja nove kategorije investicijskih podjetij, katerih glavne dejavnosti obsegajo izključno zagotavljanje investicijskih storitev ali izvajanje investicijskih dejavnosti, povezanih s finančnimi instrumenti, navedenimi pod točkami 5, 6, 7, 9 in 10 oddelka C Priloge I k Direktivi 2004/39 ES v zvezi z oskrbo z energijo (vključno z elektriko, premogom, plinom in nafto).
the desirability of amending Directive 2004/39/EC to create a further category of investment firm whose main business consists exclusively of the provision of investment services or activities in relation to the financial instruments set out in points 5, 6, 7, 9 and 10 of Section C of Annex I to Directive 2004/39/EC relating to energy supplies (including electricity, coal, gas and oil).
Na podlagi poročila iz odstavka 2 lahko Komisija da predloge za ustrezno spremembo te direktive in Direktive 2006/.../ES
On the basis of the report referred to in paragraph 2, the Commission may submit proposals for amendments to this Directive and to Directive 2006/.../EC
Države članice do 31. decembra 2006 sprejmejo in objavijo zakone in druge predpise, potrebne za uskladitev s členi 2, 3, 11, 13, 17, 18, 19, 20, 22, 23, 24, 25, 29, 30, 33, 34, 35, 37, 39, 40, 41, 43, 44, 50 in Prilogami I, II, III, V, VII.
Member States shall adopt and publish, by 31 December 2006, the laws, regulations and administrative provisions necessary to comply with Articles 2, 3, 11, 13, 17, 18, 19, 20, 22, 23, 24, 25, 29, 30, 33, 34, 35, 37, 39, 40, 41, 43, 44, 50 and the Annexes I, II, III, V, VII.
Vključijo tudi izjavo, da se sklicevanja v obstoječih zakonih in drugih predpisih na direktive, ki jih ta direktiva razveljavlja, štejejo za sklicevanja na to direktivo.
They shall also include a statement that references in existing laws, regulations and administrative provisions to the directives repealed by this Directive shall be construed as references to this Directive.
Člen 152(8) do (14) Direktive 2006/.../ES
Article 152(8) to (14) of Directive 2006/.../EC
odstavek 4 Priloge II k tej Direktivi se uporablja v obliki, v kakršni je bil pred 1. januarjem 2007.
point 4 of Annex II to this Directive shall apply as it stood prior to 1 January 2007.
Komisija do 1. januarja 2011 pregleda in poroča o uporabi te direktive ter svoje poročilo skupaj z ustreznimi predlogi sprememb predloži Parlamentu in Svetu.
By 1 January 2011, the Commission shall review and report on the application of this Directive and submit its report to the Parliament and the Council together with any appropriate proposals for amendment.
Direktiva 93/6/EGS, spremenjena z direktivami, naštetimi v delu A Priloge VIII, se razveljavi brez poseganja v obveznosti držav članic v zvezi z roki za prenos direktiv iz dela B Priloge VIII v nacionalno zakonodajo.
Directive 93/6/EEC, as amended by the Directives listed in Annex VIII, Part A, is repealed, without prejudice to the obligations of the Member States relating to the time-limits for transposition into national law of the Directives set out in Annex VIII, Part B.
Sklicevanja na razveljavljene direktive se štejejo kot sklicevanja na to direktivo in se berejo v skladu s korelacijsko tabelo iz Priloge IX.
References made to the repealed directives shall be construed as being made to this Directive and should be read in accordance with the correspondence table set out in Annex IX.
IZRAČUN KAPITALSKIH ZAHTEV ZA POZICIJSKO TVEGANJE
CALCULATING CAPITAL REQUIREMENTS FOR POSITION RISK
Presežna vrednost dolgih (kratkih) pozicij institucije nad njenimi kratkimi (dolgimi) pozicijami v istovrstnih lastniških, dolžniških in zamenljivih vrednostnih papirjih ter identičnih finančnih terminskih pogodbah (finančni futures), opcijah, nakupnih bonih, kritih nakupnih bonih je njena neto pozicija v vsakem od teh različnih instrumentov.
The excess of an institution's long (short) positions over its short (long) positions in the same equity, debt and convertible issues and identical financial futures, options, warrants and covered warrants shall be its net position in each of those different instruments.
Pri izračunavanju neto pozicije pristojni organi dovolijo, da se pozicije v izvedenih finančnih instrumentih v skladu z odstavki 4 do 7 obravnavajo kot pozicije v osnovnih (ali hipotetičnih) vrednostnih papirjih.
In calculating the net position the competent authorities shall allow positions in derivative instruments to be treated, as laid down in points 4 to 7, as positions in the underlying (or notional) security or securities.
Lastni dolžniški instrumenti institucije se pri izračunavanju posebnega pozicijskega tveganja iz odstavka 14 ne upoštevajo.
Institutions' holdings of their own debt instruments shall be disregarded in calculating specific risk under point 14.
Ne dovoli se nobeno pobotanje med zamenljivim vrednostnim papirjem in pozicijo v njegovem osnovnem finančnem instrumentu, razen če pristojni organi izberejo pristop, ki upošteva verjetnost izvršitve zamenjave določenega zamenljivega vrednostnega papirja ali če je izpolnjena kapitalska zahteva za kritje vsakršne izgube, ki bi lahko izhajala iz zamenjave.
No netting shall be allowed between a convertible and an offsetting position in the instrument underlying it, unless the competent authorities adopt an approach under which the likelihood of a particular convertible's being converted is taken into account or have a capital requirement to cover any loss which conversion might entail.
Vse neto pozicije, ne glede na njihov predznak, je treba vsak dan pred njihovim seštevkom spremeniti v valuto poročanja institucije po tržnem deviznem tečaju pred njegovim agregiranjem
All net positions, irrespective of their signs, must be converted on a daily basis into the institution's reporting currency at the prevailing spot exchange rate before their aggregation.
Posebni instrumenti
Particular instruments
Dolga pozicija terminske pogodbe na obrestno mero se tako obravnava kot kombinacija sposojenega sredstva, ki zapade na dan poravnave terminske pogodbe, in lastnega sredstva, katerega dan zapadlosti je enak dnevu zapadlosti instrumenta ali hipotetične pozicije, na katero se terminska pogodba nanaša.
Thus a long interest-rate futures position shall be treated as a combination of a borrowing maturing on the delivery date of the futures contract and a holding of an asset with maturity date equal to that of the instrument or notional position underlying the futures contract in question.
Podobno se prodan dogovor o terminski obrestni meri obravnava kot dolga pozicija z dnem zapadlosti, ki je enak dnevu poravnave plus pogodbeno obdobje, in kot kratka pozicija s sovpadajočim dnevom zapadlosti in poravnave.
Similarly a sold FRA will be treated as a long position with a maturity date equal to the settlement date plus the contract period, and a short position with maturity equal to the settlement date.
Pogodba o terminskem nakupu dolžniškega instrumenta se obravnava kot kombinacija sposojenega instrumenta, ki zapade na dan poravnave, in dolgo (promptno) pozicijo v samem dolžniškem instrumentu.
A forward commitment to buy a debt instrument shall be treated as a combination of a borrowing maturing on the delivery date and a long (spot) position in the debt instrument itself.
Za namene tega odstavka "dolga pozicija" pomeni pozicijo, v kateri je institucija fiksirala obrestno mero, ki jo bo prejela enkrat v prihodnosti, in "kratka pozicija" pomeni pozicijo, v kateri je fiksirala obrestno mero, ki jo bo enkrat v prihodnosti plačala.
For the purposes of this point, "long position" means a position in which an institution has fixed the interest rate it will receive at some time in the future, and "short position" means a position in which it has fixed the interest rate it will pay at some time in the future.
Opcije na obrestne mere, dolžniške finančne instrumente, lastniške finančne instrumente, delniške indekse, finančne terminske pogodbe, zamenjave in tuje valute se obravnavajo kot pozicije, katerih vrednost je enaka vrednosti osnovnega finančnega instrumenta, na katerega se opcija nanaša, pomnoženega s svojo delto za namene te priloge.
Options on interest rates, debt instruments, equities, equity indices, financial futures, swaps and foreign currencies shall be treated as if they were positions equal in value to the amount of the underlying instrument to which the option refers, multiplied by its delta for the purposes of this Annex.
Slednje pozicije se lahko pobotajo z nasprotnimi v istovrstnih osnovnih vrednostnih papirjih ali izvedenih finančnih instrumentih.
The latter positions may be netted off against any offsetting positions in the identical underlying securities or derivatives.
Uporabljena delta je delta borze, delta, ki jo izračunajo pristojni organi, ali delta, ki jo izračuna institucija sama za OTC opcije ali v primeru, da delta ni na voljo, ob odobritvi pristojnih organov, ki ocenijo, da je institucija uporabila primeren model.
The delta used shall be that of the exchange concerned, that calculated by the competent authorities or, where that is not available or for OTC-options, that calculated by the institution itself, subject to the competent authorities being satisfied that the model used by the institution is reasonable.
izjemo delta tveganj je nujno se zavarovati tudi pred drugimi tveganji, povezanimi z opcijami.
Other risks, apart from the delta risk, associated with options shall be safeguarded against.
Kapitalska zahteva za izdano OTC opcijo se določi v skladu z osnovnim instrumentom opcije.
The requirement against a written OTC option shall be set in relation to the instrument underlying it.
Nakupni boni, ki so vezani na dolžniške in lastniške finančne instrumente, se obravnavajo na isti način kot opcije iz odstavka 5.
Warrants relating to debt instruments and equities shall be treated in the same way as options under point 5.
Zamenjave se zaradi tveganja spremembe obrestne mere obravnavajo na isti osnovi kot bilančna sredstva.
Swaps shall be treated for interest-rate risk purposes on the same basis as on-balance-sheet instruments.
Tako se zamenjava na obrestno mero, po kateri institucija prejema spremenljivo obrestno mero in plačuje fiksno obrestno mero, obravnava kot istovetna z dolgo pozicijo pri instrumentih s spremenljivo obrestno mero, katerega rok zapadlosti sovpada z rokom naslednje določitve obrestne mere, in s kratko pozicijo pri instrumentih s fiksno obrestno mero in isto zapadlostjo, kot jo ima sama zamenjava .
Thus, an interest-rate swap under which an institution receives floating-rate interest and pays fixed-rate interest shall be treated as equivalent to a long position in a floating-rate instrument of maturity equivalent to the period until the next interest fixing and a short position in a fixed-rate instrument with the same maturity as the swap itself.
Obravnava prodajalca zavarovanja
Treatment of the protection seller
Razen če ni drugače določeno, je treba pri izračunu kapitalske zahteve za tržno tveganje stranke, ki prevzame kreditno tveganje ("prodajalec zavarovanja"), uporabiti nominalni znesek kreditnega izvedenega finančnega instrumenta.
When calculating the capital requirement for market risk of the party who assumes the credit risk (the "protection seller"), unless specified differently, the notional amount of the credit derivative contract must be used.
Pri izračunu kapitalske zahteve za posebno tveganje se razen pri zamenjavi skupnih donosov namesto zapadlosti obveznosti uporablja zapadlost kreditnega finančnega izvedenega instrumenta.
For the purpose of calculating the specific risk charge, other than for total return swaps, the maturity of the credit derivative contract is applicable instead of the maturity of the obligation.
zamenjava skupnih donosov za splošno tveganje ustvari dolgo pozicijo referenčni obveznosti in kratko pozicijo v državni obveznici, katere rok zapadlosti sovpada z rokom naslednje določitve obrestne mere in ki ji je dodeljena utež tveganja 0 % v skladu s Prilogo VI Direktive 2006/.../ES
A total return swap creates a long position in the general market risk of the reference obligation and a short position in the general market risk of a government bond with a maturity equivalent to the period until the next interest fixing and which is assigned a 0% risk weight under Annex VI of Directive 2006/.../EC
Poleg tega za posebno tveganje ustvari dolgo pozicijo v referenčni obveznosti;
It also creates a long position in the specific risk of the reference obligation.
kreditna zamenjava ne ustvari pozicije za splošno tveganje.
A credit default swap does not create a position for general market risk.