natgillin/translations-raw huggingface dataset:
posojila, zavarovana s stanovanjskimi nepremičninami ali delnicami v finskih stanovanjsko nepremičninskih družbah iz odstavka 46, do višine manjše vrednosti zneska posojila od pravice do zasega, skupaj z morebitnimi predhodnimi pravicami do zasega in 80 % vrednosti zastavljenih nepremičnin; ali posojila, zavarovana s prednostnimi delnicami, ki jih je izdal francoski sklad Fonds Communs de Créances ali podobne ustanove za listinjenje in jih upravlja država članica, ki stanovanjske nepremičnine menja v vrednostne papirje pod pogojem, da vsaj 90 % premoženjske vrednosti sklada Fonds Communs de Créances ali podobnih ustanov za listinjenje, ki jih upravlja država članica, sestavljajo osnovne hipoteke in prednostne zastavne pravice do višine manjše vrednosti med zapadlimi zneski posojila po prednostnih enotah, zneski posojila pravice do zasega in 80 % vrednosti zastavljenih nepremičnin, in delnice iz te priloge, ki so uvrščene v prvo stopnjo kreditne kvalitete, pri čemer te delnice ne presegajo 20 % vrednosti zastavljenih nepremičnin.
loans secured by residential real estate or shares in Finnish residential housing companies as referred to in point 46 up to the lesser of the principal amount of the liens that are combined with any prior liens and 80% of the value of the pledged properties or by senior units issued by French Fonds Communs de Créances or by equivalent securitisation entities governed by the laws of a Member State securitising residential real estate exposures provided that at least 90% of the assets of such Fonds Communs de Créances or of equivalent securitisation entities governed by the laws of a Member State are composed of mortgages that are combined with any prior liens up to the lesser of the principal amounts due under the units, the principal amounts of the liens, and 80% of the value of the pledged properties and the units qualify for the credit quality step 1 as set out in this Annex where such units do not exceed 20% of the nominal amount of the outstanding issue.
Izpostavljenosti, nastale s prenosom in upravljanjem plačil dolžnikov oziroma likvidacijskega iztržka od dolžnikov iz naslova posojil, zavarovanih z zastavljenimi nepremičninami prednostnih enot ali z dolžniškimi vrednostnimi papirji, niso zajete v izračun omejitve 90 %;
Exposures caused by transmission and management of payments of the obligors of, or liquidation proceeds in respect of, loans secured by pledged properties of the senior units or debt securities shall not be comprised in calculating the 90% limit;
posojila, zavarovana s poslovnimi nepremičninami ali delnicami v finskih nepremičninskih družbah iz odstavka 52, do višine manjše vrednosti zneska posojila od pravice do zasega, skupaj z morebitnimi predhodnimi pravicami do zasega in 60 % vrednosti zastavljenih nepremičnin, ali posojila, zavarovana s prednostnimi delnicami, ki jih je izdal francoski sklad Fonds Communs de Créances ali podobne ustanove za listinjenje in jih upravlja država članica, ki poslovne nepremičnine menja v vrednostne papirje pod pogojem, da vsaj 90 % premoženjske vrednosti sklada Fonds Communs de Créances ali podobnih ustanov za listinjenje, ki jih upravlja država članica, sestavljajo osnovne hipoteke in prednostne zastavne pravice do višine manjše vrednosti med zapadlimi zneski posojila po prednostnih enotah, zneski posojila pravice do zasega in 60 % vrednosti zastavljenih nepremičnin, in delnice iz te priloge, ki so uvrščene v prvo stopnjo kreditne kvalitete, pri čemer te delnice ne presegajo 20 % nominalne vrednosti izdanih kritih obveznic.
loans secured by commercial real estate or shares in Finnish housing companies as referred to in point 52 up to the lesser of the principal amount of the liens that are combined with any prior liens and 60% of the value of the pledged properties or by senior units issued by French Fonds Communs de Créances or by equivalent securitisation entities governed by the laws of a Member State securitising commercial real estate exposures provided that, at least, 90% of the assets of such Fonds Communs de Créances or of equivalent securitisation entities governed by the laws of a Member State are composed of mortgages that are combined with any prior liens up to the lesser of the principal amounts due under the units, the principal amounts of the liens, and 60% of the value of the pledged properties and the units qualify for the credit quality step 1 as set out in this Annex where such units do not exceed 20% of the nominal amount of the outstanding issue.
Pristojni organi lahko priznajo kot primerna tudi posojila, zavarovana s poslovno nepremičnino, kadar se razmerje med posojilom in vrednostjo zastavljenih nepremičnin, ki znaša 60 %, prekorači do največ 70 %, če skupna vrednost vseh sredstev, zastavljenih kot jamstvo za krite obveznice, preseže nominalen znesek obveznosti iz naslova kritih obveznic za vsaj 10 % in če terjatev imetnika obveznic izpolnjuje nekatere zahteve o pravni gotovosti iz Priloge VII.
The competent authorities may recognise loans secured by commercial real estate as eligible where the Loan to Value ratio of 60% is exceeded up to a maximum level of 70% if the value of the total assets pledged as collateral for the covered bonds exceed the nominal amount outstanding on the covered bond by at least 10%, and the bondholders' claim meets the legal certainty requirements set out in Annex VIII.
Terjatev imetnika obveznic mora imeti prednost pred vsemi drugimi terjatvami na zavarovanju s premoženjem;
The bondholders' claim must take priority over all other claims on the collateral.
Izpostavljenosti, nastale s prenosom in upravljanjem plačil oziroma likvidacijskega iztržka od dolžnikov iz naslova posojil, zavarovanih z zastavljenimi nepremičninami prednostnih enot ali z dolžniškimi vrednostnimi papirji, niso zajete v izračun omejitve 90 %; ali
Exposures caused by transmission and management of payments of the obligors of, or liquidation proceeds in respect of, loans secured by pledged properties of the senior units or debt securities shall not be comprised in calculating the 90% limit; or
posojila, zavarovana z ladjami, če pravice do zasega ladij, skupaj z vsemi predhodnimi pravicami do zasega, ne presegajo 60 % vrednosti zastavljene ladje.
loans secured by ships where only liens that are combined with any prior liens within 60% of the value of the pledged ship.
Za te namene velja "zavarovan" tudi za primere, v katerih so premoženjske vrednosti, opisane v pododstavkih od (a) do (f), namenjene izključno varovanju imetnikov kritih obveznic pred izgubo v skladu z veljavnimi pravnimi predpisi.
For these purposes "collateralised" includes situations where the assets as described in subpoints (a) to (f) are exclusively dedicated in law to the protection of the bond-holders against losses.
Do 31. decembra 2010 se zgornja meja 20 % za prednostne delnice, ki jih je izdal francoski sklad Fonds Communs de Créances ali podobna ustanova za listinjenje v skladu s pododstavkoma (d) in (e) ne uporablja, če za te prednostne delnice ni na razpolago bonitetna ocena imenovane zunanje bonitetne institucije, ki je najboljša bonitetna skupina, ki jo je bonitetna institucija podelila kritim obveznicam.
Until 31 December 2010 the 20% limit for senior units issued by French Fonds Communs de Créances or by equivalent securitisation entities as specified in subpoints (d) and (e) does not apply, provided that those senior units have a credit assessment by a nominated ECAI which is the most favourable category of credit assessment made by the ECAI in respect of covered bonds.
Pred pretekom tega obdobja se ta prehodna ureditev preveri; na podlagi tega preverjanja lahko Komisija z nadaljnjo revizijsko klavzulo ali brez takšne klavzule podaljša obdobje, kjer je to ustrezno v skladu s postopkom iz člena 151(2).
Before the end of this period this derogation shall be reviewed and consequent to such review the Commission may as appropriate extend this period in accordance with the procedure referred to in Article 151(2) with or without a further review clause.
Do 31. decembra 2010 se lahko odstotni delež 60 % iz pododstavka (f) nadomesti z odstotnim deležem 70 %.
Until 31 December 2010 the figure of 60% indicated in subpoint (f) can be replaced with a figure of 70%.
Pred pretekom tega obdobja se to prehodno ureditev preveri in na podlagi tega preverjanja lahko Komisija z nadaljnjo revizijsko klavzulo ali brez takšne klavzule podaljša obdobje, kjer je to ustrezno v skladu s postopkom iz člena 151(2).
Before the end of this period this derogation shall be reviewed and consequent to such review the Commission may as appropriate extend this period in accordance with the procedure referred to in Article 151(2) with or without a further review clause.
Kreditne institucije za nepremičnine, s katerimi so zavarovane krite obveznice, izpolnjujejo minimalne zahteve iz odstavka 8 dela 2 Priloge VIII in pravila za vrednotenje iz odstavkov 62 do 65 dela 3 Priloge VIII.
Credit institutions shall for real estate collateralising covered bonds meet the minimum requirements set out in Annex VIII Part 2, point 8 and the valuation rules set out in Annex VIII, Part 3, points 62 to 65.
Ne glede na odstavke 68 in 69 so krite obveznice, ki ustrezajo opredelitvi iz člena 22(4) Direktive 85/611/EGS in so izdane pred 31. decembrom 2007, prav tako upravičene do prednostne obravnave do njihove zapadlosti.
Notwithstanding points 68 and 69, covered bonds meeting the definition of Article 22(4) of Directive 85/611/EEC and issued before 31 December 2007 are also eligible for the preferential treatment until their maturity.
Kritim obveznicam se dodeli utež tveganja na podlagi uteži tveganja, dodeljene nadrejenim nezavarovanim izpostavljenostim do kreditne institucije, ki jih je izdala.
Covered bonds shall be assigned a risk weight on the basis of the risk weight assigned to senior unsecured exposures to the credit institution which issues them.
Uporabljajo se naslednje povezave med utežmi tveganja:
The following correspondence between risk weights shall apply:
če se izpostavljenostim do institucije dodeli utež tveganja 20 %, se kriti obveznici dodeli utež tveganja 10 %;
if the exposures to the institution are assigned a risk weight of 20%, the covered bond shall be assigned a risk weight of 10%;
če se izpostavljenostim do institucije dodeli utež tveganja 50 %, se kriti obveznici dodeli utež tveganja 20 %;
if the exposures to the institution are assigned a risk weight of 50%, the covered bond shall be assigned a risk weight of 20%;
če se izpostavljenostim do institucije dodeli utež tveganja 100 %, se kriti obveznici dodeli utež tveganja 50 %; in
if the exposures to the institution are assigned a risk weight of 100%, the covered bond shall be assigned a risk weight of 50%; and
če se izpostavljenostim do institucije dodeli utež tveganja 150 %, se kriti obveznici dodeli utež tveganja 100 %.
if the exposures to the institution are assigned a risk weight of 150%, the covered bond shall be assigned a risk weight of 100%.
POSTAVKE IZ NASLOVA POZICIJ LISTINJENJA
ITEMS REPRESENTING SECURITISATION POSITIONS
Zneski tveganju prilagojenih izpostavljenosti za pozicije listinjenja se določijo v skladu z določbami členov 94 do 101.
Risk weight exposure amounts for securitisation positions shall be determined in accordance with Articles 94 to 101.
KRATKOROČNE IZPOSTAVLJENOSTI DO INSTITUCIJ IN PODJETIJ
SHORT-TERM EXPOSURES TO INSTITUTIONS AND CORPORATES
Stopnja kreditne kvalitete
Credit Quality Step
IZPOSTAVLJENOSTI IZ NASLOVA NALOŽB V INVESTICIJSKE SKLADE (CIU)
EXPOSURES IN THE FORM OF COLLECTIVE INVESTMENT UNDERTAKINGS (CIUS)
Brez poseganja v odstavke 75 do 81 se izpostavljenostim do investicijskih skladov (CIU) dodeli utež tveganja 100 %.
Without prejudice to points 75 to 81, exposures in collective investment undertakings (CIUs) shall be assigned a risk weight of 100%.
Izpostavljenostim iz naslova naložb v investicijske sklade, za katere je na razpolago bonitetna ocena imenovane ECAI, se dodeli utež tveganja v skladu s tabelo 8, glede na šest stopenj na lestvici ocenjevanja kreditne kvalitete, ki jih dodelijo pristojni organi bonitetnim ocenam primernih ECAI.
Exposures in the form of CIUs for which a credit assessment by a nominated ECAI is available shall be assigned a risk weight according to Table 8,in accordance with the assignment by the competent authorities of the credit assessments of eligible ECAIs to six steps in a credit quality assessment scale.
Tabela 8
Table 8
Če pristojni organi menijo, da je pozicija v investicijskem skladu povezana s posebej velikimi tveganji, zahtevajo, naj se navedeni poziciji dodeli utež tveganja 150 %.
Where competent authorities consider that a position in a CIU is associated with particularly high risks they shall require that that position is assigned a risk weight of 150%.
Kreditne institucije lahko določijo utež tveganja za investicijski sklad, kakor je določeno v odstavkih 79 do 81, če so izpolnjena naslednja merila primernosti:
Credit institutions may determine the risk weight for a CIU as set out in points 79 to 81, if the following eligibility criteria are met:
investicijski sklad upravlja družba, ki je predmet nadzora v državi članici, ali ob pogoju, da pristojni organ kreditne institucije dovoli, če:
the CIU is managed by a company which is subject to supervision in a Member State or, subject to approval of the credit institution's competent authority, if:
investicijski sklad upravlja družba, ki je predmet nadzora, ki je enakovreden nadzoru, določenemu v zakonodaji Skupnosti; in
the CIU is managed by a company which is subject to supervision that is considered equivalent to that laid down in Community law; and
je primerno zagotovljeno sodelovanje med pristojnimi organi;
cooperation between competent authorities is sufficiently ensured;
prospekt investicijskega sklada ali enakovreden dokument vsebuje:
the CIU's prospectus or equivalent document includes:
kategorije sredstev, v katera ima investicijski sklad dovoljenje za vlaganje; in
the categories of assets in which the CIU is authorised to invest; and
če se uporabljajo omejitve naložb, relativne omejitve in metodologije za njihov izračun; in
if investment limits apply, the relative limits and the methodologies to calculate them; and
investicijski sklad poroča o svojem poslovanju vsaj vsako leto, da se omogoči ocena sredstev in obveznosti, dobička in poslovanja v obdobju, ki ga zajema poročilo.
the business of the CIU is reported on at least an annual basis to enable an assessment to be made of the assets and liabilities, income and operations over the reporting period.
Če pristojni organ kot primernega odobri investicijski sklad iz tretje države, kakor je navedeno v odstavku 77(a), potem pristojni organ v drugi državi članici lahko uporabi to priznanje, ne da bi še sam opravil ocenjevanje.
If a competent authority approves a third country CIU as eligible, as set out in point 77(a), then a competent authority in another Member State may make use of this recognition without conducting its own assessment.
Če kreditna institucija pozna osnovne izpostavljenosti investicijskega sklada, lahko navedene osnovne izpostavljenosti obravnava za izračun povprečne uteži tveganja za investicijski sklad v skladu z metodami iz člena 78 do 83.
Where the credit institution is aware of the underlying exposures of a CIU, it may look through to those underlying exposures in order to calculate an average risk weight for the CIU in accordance with the methods set out in Article 78 to 83.
Če kreditna institucija ne pozna osnovnih izpostavljenosti investicijskega sklada, lahko izračuna povprečno utež tveganja za investicijski sklad v skladu z metodami iz členov 78 do 83 ob upoštevanju naslednjih pravil: predpostavlja se, da investicijski sklad najprej vlaga, v največjem dovoljenem obsegu v okviru svojega mandata, v kategorije izpostavljenosti, ki imajo najvišje kapitalske zahteve, nato pa vlaga v padajočem vrstnem redu, dokler ne doseže skupne omejitve naložb.
Where the credit institution is not aware of the underlying exposures of a CIU, it may calculate an average risk weight for the CIU in accordance with the methods set out in Articles 78 to 83 subject to the following rules: it will be assumed that the CIU first invests, to the maximum extent allowed under its mandate, in the exposure classes attracting the highest capital requirement, and then continues making investments in descending order until the maximum total investment limit is reached.
Kreditnim institucijam lahko izračun uteži tveganja za investicijski sklad in poročilo o njej pripravijo tretje stranke v skladu z metodami iz odstavkov 79 in 80, če je ustrezno zagotovljena pravilnost izračuna in poročila.
Credit institutions may rely on a third party to calculate and report, in accordance with the methods set out in points 79 and 80, a risk weight for the CIU provided that the correctness of the calculation and report shall be adequately ensured.
DRUGE POSTAVKE
OTHER ITEMS
Opredmetenim osnovnim sredstvom po členu 4(10) Direktive 86/635/EGS se dodeli utež tveganja 100 %.
Tangible assets within the meaning of Article 4(10) of Directive 86/635/EEC shall be assigned a risk weight of 100%.
Aktivnim časovnim razmejitvam, za katere institucija ne more določiti protipostavke v skladu z Direktivo 86/635/EGS, se dodeli utež tveganja 100 %.
Prepayments and accrued income for which an institution is unable to determine the counterparty in accordance with Directive 86/635/EEC, shall be assigned a risk weight of 100%.
Denarju na poti se dodeli utež tveganja 20 %.
Cash items in the process of collection shall be assigned a 20% risk weight.
Denarnim sredstvom v blagajni in enakovrednim denarnim postavkam se dodeli utež tveganja 0 %.
Cash in hand and equivalent cash items shall be assigned a 0% risk weight.
Naložbam v lastniški kapital ali druge kapitalske udeležbe, razen če se odštejejo od lastnih sredstev, se dodeli utež tveganja vsaj 100 %.
Holdings of equity and other participations, except where deducted from own funds, shall be assigned a risk weight of at least 100%.
Zlatu v lastnem trezorju ali na posebni lokaciji, v količini, ki ustreza obveznostim iz tovrstnega naslova, se dodeli utež tveganja 0 %.
Gold bullion held in own vaults or on an allocated basis to the extent backed by bullion liabilities shall be assigned a 0% risk weight.
Pri pogodbah o prodaji in ponovnem nakupu sredstev in dokončnih nestandardiziranih terminskih nakupih se uporabijo uteži tveganja, ki veljajo za instrumente, na katere se zadevne pogodbe nanašajo, in ne za nasprotne stranke v poslu.
In the case of asset sale and repurchase agreements and outright forward purchases, the risk weight shall be that assigned to the assets in question and not to the counterparties to the transactions.
Če kreditna institucija zagotavlja kreditno zavarovanje za vrsto izpostavljenosti pod pogojem, da n-to neplačilo med izpostavljenostmi povzroči plačilo in da ta kreditni dogodek prekine pogodbo, in če ima produkt zunanjo bonitetno oceno primerne ECAI, se uporabljajo uteži tveganja, predpisane v členih 94 do 101.
Where a credit institution provides credit protection for a number of exposures under terms that the nth default among the exposures shall trigger payment and that this credit event shall terminate the contract, and where the product has an external credit assessment from an eligible ECAI, the risk weights prescribed in Articles 94 to 101 shall be assigned.
Če produkt nima bonitetne ocene primerne ECAI, se uteži tveganja za izpostavljenosti, ki jih vsebuje košara, seštejejo, razen izpostavljenosti n-1, do največ 1 250 % in pomnožijo z nominalnim zneskom zavarovanja, ki ga zagotavlja kreditni izvedeni finančni instrument, za pridobitev zneska tveganju prilagojene aktive.
If the product is not rated by an eligible ECAI, the risk weights of the exposures included in the basket will be aggregated, excluding n-1 exposures, up to a maximum of 1 250% and multiplied by the nominal amount of the protection provided by the credit derivative to obtain the risk weighted asset amount.
Izpostavljenosti n-1, ki se izključijo iz seštevka, se določijo na podlagi tega, da vključujejo tiste izpostavljenosti, od katerih vsaka povzroča nižji znesek tveganju prilagojene izpostavljenosti kakor znesek tveganju prilagojene izpostavljenosti katere koli izpostavljenosti, ki je vključena v seštevek.
The n-1 exposures to be excluded from the aggregation shall be determined on the basis that they shall include those exposures each of which produces a lower risk-weighted exposure amount than the risk-weighted exposure amount of any of the exposures included in the aggregation.
Del 2 – Priznavanje ECAI in vzporejanje njihovih bonitetnih ocen
Part 2 – Recognition of ECAIs and mapping of their credit assessments
Pristojni organi preverijo, ali je metodologija za dodeljevanje bonitetnih ocen stroga, sistematična, trajna in se potrjuje na podlagi preteklih izkušenj.
Competent authorities shall verify that the methodology for assigning credit assessments is rigorous, systematic, continuous and subject to validation based on historical experience.
Pristojni organi preverijo, ali na metodologijo ne vplivajo zunanji politični vplivi ali omejitve ter ekonomski pritiski, ki bi lahko vplivali na bonitetno oceno.
Competent authorities shall verify that the methodology is free from external political influences or constraints, and from economic pressures that may influence the credit assessment.
Neodvisnost metodologije ECAI ocenjujejo pristojni organi v skladu z dejavniki, kakršni so:
Independence of the ECAI's methodology shall be assessed by competent authorities according to factors such as the following:
lastništvo in organizacijska struktura ECAI;
ownership and organisation structure of the ECAI;
finančna sredstva ECAI;
financial resources of the ECAI;
kadri in strokovnost ECAI; in
staffing and expertise of the ECAI; and
upravljanje ECAI.
corporate governance of the ECAI.
Redno pregledovanje
Ongoing review
Pristojni organi preverijo, ali se bonitetne ocene ECAI redno pregledujejo in se odzivajo na spremembe finančnih pogojev.
Competent authorities shall verify that ECAI's credit assessments are subject to ongoing review and shall be responsive to changes in the financial conditions.
Taki pregledi potekajo po vseh pomembnejših dogodkih in vsaj enkrat na leto.
Such review shall take place after all significant events and at least annually.
Pred vsakim priznanjem pristojni organi preverijo, ali je metodologija ocenjevanja za vsak tržni segment vzpostavljena v skladu s standardi, kakršni so naslednji:
Before any recognition, competent authorities shall verify that the assessment methodology for each market segment is established according to standards such as the following:
vzpostavljeno mora biti testiranje za nazaj za vsaj eno leto;
the back-testing must be established for at least one year;
pristojni organi morajo nadzorovati rednost procesa pregledovanja, ki ga opravlja ECAI; in
the regularity of the review process by the ECAI must be monitored by the competent authorities; and
pristojni organi morajo imeti možnost od ECAI sprejeti podatke o obsegu njenih stikov z višjim vodstvom subjektov, ki jih ocenjuje.
the competent authorities must be able to receive from the ECAI the extent of its contacts with the senior management of the entities which it rates.
Pristojni organi sprejmejo vse potrebne ukrepe, da jih ECAI takoj obvestijo o vseh bistvenih spremembah metodologije, ki jo uporabljajo za dodeljevanje bonitetnih ocen.
Competent authorities shall take the necessary measures to be promptly informed by ECAIs of any material changes in the methodology they use for assigning credit assessments.
Transparentnost in razkritje
Transparency and disclosure
Pristojni organi sprejmejo potrebne ukrepe, da zagotovijo javno razpoložljivost načel metodologije, ki jo uporablja ECAI za oblikovanje svojih bonitetnih ocen, da se lahko vsi morebitni uporabniki odločijo, ali so pridobljene razumno.
Competent authorities shall take the necessary measures to assure that the principles of the methodology employed by the ECAI for the formulation of its credit assessments are publicly available as to allow all potential users to decide whether they are derived in a reasonable way.
POSAMEZNE BONITETNE OCENE
INDIVIDUAL CREDIT ASSESSMENTS