natgillin/translations-raw huggingface dataset:
V skladu s členom 18 Direktive 2008/122/ES je treba sklicevanja na Direktivo 94/47/ES razumeti kot sklicevanja na Direktivo 2008/122/ES.
Pursuant to the second paragraph of Article 18 of Directive 2008/122/EC, references to Directive 94/47/EC are to be construed as references to Directive 2008/122/EC.
Zaradi jasnosti je treba sklicevanja na Direktivo 94/47/ES v Prilogi k Uredbi (ES) št. 2006/2004 nadomestiti s sklicevanji na Direktivo 2008/122/ES.
However, for the sake of clarity, the reference to Directive 94/47/EC in the Annex should be replaced by a reference to Directive 2008/122/EC.
Z Direktivo 97/55/ES Direktiva 97/55/ES Evropskega parlamenta in Sveta z dne 6. oktobra 1997 o spremembi Direktive 84/450/EGS o zavajajočem oglaševanju, tako da vključuje primerjalno oglaševanje (UL L 290, 23.10.1997, str.
Directive 97/55/EC Directive 97/55/EC of the European Parliament and of the Council of 6 October 1997 amending Directive 84/450/EEC concerning misleading advertising so as to include comparative advertising (OJ L 290, 23.10.1997, p.
je bila spremenjena razveljavljena Direktiva 84/450/EGS.
is an amending Directive to the repealed Directive 84/450/EEC.
Zato je treba sklicevanja na Direktivo 97/55/ES umakniti iz Priloge.
Therefore, the reference to Directive 97/55/EC should be removed from the Annex.
Zato bi bilo treba Prilogo ustrezno spremeniti.
The Annex should be amended accordingly.
Treba je oceniti učinkovitost in operativne mehanizme Uredbe (ES) št. 2006/2004 ter natančno preučiti možnost vključitve dodatne zakonodaje o varstvu interesov potrošnikov v Prilogo, zaradi možne revizije navedene uredbe, ki naj bi izvršilnim organom nudila izboljšana sredstva za učinkovito odkrivanje, preiskovanje in doseganje odprave ali prepovedi kršitev, ki škodujejo skupnim interesom potrošnikov v čezmejnih primerih.
It is necessary to assess the effectiveness and operational mechanisms of Regulation (EC) No 2006/2004 and thoroughly examine the possible inclusion in the Annex of additional laws that protect consumers' interests, with a view to a possible revision of that Regulation aimed at providing public enforcement authorities with improved means to effectively detect, investigate and bring about the cessation or prohibition of infringements harming the collective interests of consumers in cross-border situations.
Uredba (ES) št. 2006/2004 se spremeni, kot sledi:
Regulation (EC) No 2006/2004 is hereby amended as follows:
vstavi se naslednji člen:
the following Article is inserted:
Komisija do 31. decembra 2014 predloži Evropskemu parlamentu in Svetu poročilo, v katerem oceni učinkovitost in operativne mehanizme te uredbe ter natančno preuči morebitno vključitev v njeno področje uporabe vse dodatne zakonodaje o varstvu interesov potrošnikov.
By 31 December 2014, the Commission shall submit a report to the European Parliament and to the Council which shall assess the effectiveness and operational mechanisms of this Regulation and thoroughly examine the possible inclusion in the Annex of additional laws that protect consumers' interests.
Poročilo temelji na zunanji oceni in obsežnem posvetovanju z vsemi zainteresiranimi stranmi, po potrebi pa ga spremlja zakonodajni predlog.
The report shall be based on an external evaluation and extended consultation of all relevant stakeholders, and shall be accompanied, where appropriate, by a legislative proposal.
Priloga se spremeni v skladu z določbami iz Priloge k tej uredbi.
the Annex is amended in accordance with the Annex to this Regulation.
dan po objavi v
day following that of its publication in the
Priloga k Uredbi (ES) št. 2006/2004 se spremeni kot sledi:
The Annex to Regulation (EC) No 2006/2004 is hereby amended as follows:
opomba (1) se nadomesti z naslednjim:
footnote (1) is replaced by the following:
Direktive navedene v točkah 6, 8 in 13 vsebujejo posebne določbe.
(1) Directives Nos 6, 8 and 13 contain specific provisions.
točka 1 se nadomesti z naslednjim: 1.
point 1 is replaced by the following: 1.
Direktiva 2006/114/ES Evropskega parlamenta in Sveta z dne 12. decembra 2006 o zavajajočem in primerjalnem oglaševanju (UL L 376, 27.12.2006, str.
Directive 2006/114/EC of the European Parliament and of the Council of 12 December 2006 concerning misleading and comparative advertising (OJ L 376, 27.12.2006, p.
21): člen 1, člen 2(c) in členi od 4, do 8.
21): Article 1, Article 2 (c) and Articles 4 to 8.
točki 3 in 4 se nadomestita z naslednjim: 3.
points 3 and 4 are replaced by the following: 3.
Direktiva 2008/48/ES Evropskega parlamenta in Sveta z dne 23. aprila 2008 o potrošniških kreditnih pogodbah in razveljavitvi Direktive Sveta 87/102/EGS (UL L 133, 22.5.2008, str.
Directive 2008/48/EC of the European Parliament and of the Council of 23 April 2008 on credit agreements for consumers and repealing Council Directive 87/102/EEC (OJ L 133, 22.5.2008, p.
Direktiva 2010/13/EU Evropskega parlamenta in Sveta z dne 10. marca 2010 o usklajevanju nekaterih zakonov in drugih predpisov držav članic o opravljanju avdiovizualnih medijskih storitev (direktiva o avdiovizualnih medijskih storitvah) (UL L 95, 15.4.2010, str.
Directive 2010/13/EU of the European Parliament and of the Council of 10 March 2010 on the coordination of certain provisions laid down by law, regulation or administrative action in Member States concerning the provision of audiovisual media services (Audiovisual Media Services Directive) (OJ L 95, 15.4.2010, p.
1): členi 9, 10, 11 in členi 19 do 26.
1): Articles 9, 10, 11 and Articles 19 to 26.
točki 6 in 7 se nadomestita z naslednjim: 6.
points 6 and 7 are replaced by the following: 6.
točka 9 se črta.
point 9 is deleted.
Predlog uredbe Evropskega parlamenta in Sveta o izvedenih finančnih instrumentih OTC, centralnih nasprotnih strankah in repozitorijih sklenjenih poslov ( KOM(2010)0484 – C7-0265/2010 – 2010/0250(COD) )
Proposal for a regulation of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories ( COM(2010)0484 – C7-0265/2010 – 2010/0250(COD) )
[Sprememba 1, razen kjer ni drugače navedeno]
[Amendment No 1 unless indicated otherwise]
SPREMEMBE PARLAMENTA * Spremembe:
AMENDMENTS BY PARLIAMENT
ob upoštevanju mnenja Evropske centralne banke UL C 57, 23.2.2011, str.
Having regard to the opinion of the European Central Bank OJ C 57, 23.2.2011, p.
Poročilo, ki ga je 25. februarja 2009 na zahtevo Komisije objavila skupina strokovnjakov na visoki ravni, ki ji je predsedoval J. de Larosière, ugotavlja, da je treba okrepiti nadzorni okvir, da se zmanjšata tveganje in resnost prihodnjih finančnih kriz, ter priporoča daljnosežne reforme strukture nadzora finančnega sektorja v Uniji – vključno z vzpostavitvijo evropskega sistema finančnih nadzornikov, ki bi ga sestavljali trije evropski nadzorni organi, in sicer za sektor vrednostnih papirjev, za sektor zavarovanj in poklicnih pokojnin ter za bančni sektor – in ustanovitev evropskega odbora za sistemska tveganja.
At the request of the Commission, a report published on 25 February 2009 by a high-level group of experts chaired by J. de Larosière concluded that the supervisory framework needed to be strengthened to reduce the risk and severity of future financial crisis and recommended far-reaching reforms to the structure of supervision of the financial sector in the Union, including the creation of a European System of Financial Supervisors, comprising three European Supervisory Authorities, one each for the banking, insurance and occupational pensions and the securities and markets sectors, and the creation of a European Systemic Risk Board.
Komisija je v sporočilu z naslovom Spodbujanje okrevanja evropskega gospodarstva z dne 4. marca 2009 predlagala okrepitev regulativnega okvira za finančne storitve.
The Commission Communication of 4 March 2009 entitled ‘Driving European Recovery’ proposed to strengthen the Union's regulatory framework for financial services.
V sporočilu z naslovom Zagotavljanje učinkovitih, varnih in stabilnih trgov izvedenih finančnih instrumentov z dne 3. julija 2009 je Komisija ocenila vlogo izvedenih finančnih instrumentov v finančni krizi, v sporočilu z naslovom Zagotavljanje učinkovitih, varnih in stabilnih trgov izvedenih finančnih instrumentov: Prihodnji ukrepi politike z dne 20. oktobra 2009 pa je opredelila ukrepe, ki jih namerava sprejeti za zmanjševanje tveganj, povezanih z izvedenimi finančnimi instrumenti.
In its Communication of 3 July 2009 entitled ‘Ensuring efficient, safe and sound derivatives markets’, the Commission assessed the role of derivatives in the financial crisis, and, in its Communication of 20 October 2009 entitled ‘Ensuring efficient, safe and sound derivative markets: Future policy actions’, the Commission outlined the actions it intends to take to reduce the risks associated with derivatives.
(EBA), Evropski nadzorni organ (Evropski organ za zavarovanja in poklicne pokojnine), ustanovljen z Uredbo (EU) št. 1094/2010 Evropskega parlamenta in Sveta UL L 331, 15.12.2010, str.
(EBA), the European Supervisory Authority (European Insurance and Occupational Pensions Authority) established by Regulation (EU) No 1094/2010 of the European Parliament and of the Council OJ L 331, 15.12.2010, p.
(EIOPA) in Evropski nadzorni organ (Evropski organ za vrednostne papirje in trge), ustanovljen z Uredbo (EU) št. 1095/2010 Evropskega parlamenta in Sveta UL L 331, 15.12.2010, str.
, (EIOPA) and the European Supervisory Authority (European Securities and Markets Authority) established by Regulation (EU) No 1095/2010 of the European Parliament and of the Council OJ L 331, 15.12.2010, p.
Zato je bistveno nenehno zagotavljati, da je razvoj njihovega dela prednostno politično vprašanje in da imajo na razpolago dovolj sredstev.
It is therefore essential to continuously ensure that the development of their work is a matter of high political priority and that they are adequately resourced.
Izvedeni finančni instrumenti, s katerimi se trguje na prostem trgu (over-the-counter – OTC) niso pregledni, saj so zasebno izpogajane pogodbe in vse informacije v zvezi z njimi ponavadi na voljo samo pogodbenim strankam.
Over-the-counter (OTC) derivatives lack transparency as they are privately negotiated contracts and any information concerning them is usually only available to the contracting parties.
Voditelji skupine G20 so se 26. septembra 2009 na vrhu v Pittsburghu dogovorili, da se mora do konca leta 2012 za vse standardizirane pogodbe o izvedenih finančnih instrumentih OTC opravljati kliring prek centralnih nasprotnih strank (CCP) in da je treba o pogodbah o izvedenih finančnih instrumentih poročati v repozitorij sklenjenih poslov.
At the 26 September 2009 summit in Pittsburgh, the G20 Leaders agreed that all standardised OTC derivative contracts should be cleared through central counterparties (CCP) by the end of 2012 and that OTC derivative contracts should be reported to trade repositories.
Junija 2010 so voditelji skupine G20 ponovno potrdili svojo zavezo in se tudi zavezali k pospešitvi izvajanja strogih ukrepov za izboljšanje preglednosti in regulativnega nadzora nad izvedenimi finančnimi instrumenti OTC na mednarodno usklajen in nediskriminatoren način
In June 2010, the G20 Leaders in Toronto reaffirmed their commitment and also committed to accelerate the implementation of strong measures to improve transparency and regulatory oversight of OTC derivatives in an internationally consistent and non-discriminatory way
Evropski svet se je v sklepih z dne 2. decembra 2009 strinjal, da je treba bistveno izboljšati zmanjševanje kreditnega tveganja nasprotnih strank in da je pomembno izboljšati preglednost, učinkovitost in integriteto pri transakcijah z izvedenimi finančnimi instrumenti.
The European Council, in its Conclusions of 2 December 2009, agreed that there was a need to substantially improve the mitigation of counterparty credit risk and that it was important to improve transparency, efficiency and integrity for derivative transactions.
Evropski parlament je v svoji resoluciji z dne 15. junija 2010 z naslovom „Trgi izvedenih finančnih instrumentov: prihodnji ukrepi politike“ pozval k obveznemu kliringu in poročanju o izvedenih finančnih instrumentih OTC.
The European Parliament resolution of 15 June 2010 on ‘Derivatives markets: future policy actions’ called for mandatory clearing and reporting of OTC derivatives.
Evropski organ za vrednostne papirje in trge (ESMA) deluje v okviru te uredbe, tako da varuje stabilnost finančnih trgov v izrednih razmerah in zagotavlja dosledno uporabo pravil Unije s strani nacionalnih nadzornih organov ter rešuje nesporazume med njimi.
ESMA should act within the scope of this Regulation by safeguarding the stability of financial markets in emergency situations and ensuring the consistent application of Union rules by national supervisory authorities and settling disagreements between them.
Komisija je v svojem sporočilu z naslovom Reševanje izzivov na blagovnih borzah in na področju surovin dne 2. februarja 2011 vedno večjo financializacijo mednarodnih trgov s surovinami opredelila kot strateški izziv za gospodarstva Unije.
The Commission, in its Communication of 2 February 2011 entitled ‘Tackling the challenges in commodity markets and on raw materials’, identified the increased financialisation of international raw material markets as a strategical challenge to Union's economies.
Ponovno je potrdila potrebo po večji preglednosti v trgovanju s surovinami, pa tudi pozitivni učinek pozicijskih omejitev pri trgovanju z izvedenimi blagovnimi instrumenti.
The Commission reaffirmed the need for more transparency in the trading of raw materials as well as the positive potential effect of position limits in derivative trading in commodities.
Da bi dosegli učinkovito zmanjšanje neprimerno visokega obsega trgovanja na trgih s surovinami, bi morala Komisija zlasti oceniti učinke omejitve trgovanja s surovinami na borzah surovin zgolj na fizične borzne trgovalce, pri čemer bi bile finančne institucije izključene.
With a view to achieving an effective decrease of the unhealthily high trading volume in raw material markets, the Commission should, in particular, assess the effects of restricting admission to trade on raw materials stock exchanges to physical traders only, excluding financial institutions.
obravnavati zlasti problematiko nestanovitnosti cen na živilskih in kmetijskih trgih ter določiti ustrezne zahteve za preprečevanje sistemskih tveganj in manipulativne prakse, vključno z zahtevanimi kritji, pozicijskimi omejitvami in vrnitvijo nezakonito ustvarjenega dobička.
, the Commission should, in particular, address the problem of price volatility on food and agricultural markets and provide for appropriate requirements to prevent systemic risks and manipulative practices, including margin requirements, position limits and punitive disgorgement of profits.
Pobude za spodbujanje uporabe CCP se niso izkazale za zadostne, da bi zagotovile dejanski kliring vseh standardiziranih izvedenih finančnih instrumentov OTC.
Incentives to promote the use of CCPs have not proven to be sufficient to ensure that standardised OTC derivatives are in fact cleared.
Države članice bodo verjetno sprejele različne nacionalne ukrepe, ki lahko povzročijo ovire za nemoteno delovanje notranjega trga in bi škodovale udeležencem na trgu ter finančni stabilnosti.
It is likely that Member States will adopt divergent national measures which could create obstacles to the smooth functioning of the internal market and be to the detriment of market participants and financial stability.
Da bi zagotovili, da obveznost kliringa zmanjša sistemsko tveganje, je potreben proces določanja primernih razredov izvedenih finančnih instrumentov, za katere bi morala ta obveznost veljati.
Ensuring that the clearing obligation reduces systemic risk requires a process of identification of eligible classes of derivatives that should be subject to that obligation.
Ta uredba postavlja merila za določanje primernosti za obveznost kliringa.
This Regulation sets out the criteria for determining the eligibility to the clearing obligation.
Zaradi svoje osrednje vloge se mora organ ESMA
In view of its pivotal role, ESMA should decide
po posvetovanju s Komisijo in Evropskim odborom za sistemska tveganja (ESRB), ustanovljenim z Uredbo (EU) št. 1092/2010 Evropskega parlamenta in Sveta z dne 24. novembra 2010 o makrobonitetnem nadzoru nad finančnim sistemom Evropske unije in ustanovitvi Evropskega odbora za sistemska tveganja
, after consulting the Commission and the European Systemic Risk Board established by Regulation (EU) No 1092/2010 of the European Parliament and the Council of 24 November 2010 on European Union macro-prudential oversight of the financial system and establishing a European Systemic Risk Board
ali bi morala veljati obveznost kliringa
, whether the clearing obligation should be applied
in kdaj začne veljati obveznost kliringa
and from when the clearing obligation should take effect,
, vključno z izvedbenimi standardi v začetni fazi, kadar je to primerno.
including, where appropriate, any ‘phase-in’ implementation standards
Pri ugotavljanju, ali za razred izvedenih finančnih instrumentov veljajo zahteve za kliring, bi si moral organ ESMA prizadevati za zmanjšanje sistemskega tveganja in izogibanje sistemskim posledicam.
In determining whether a class of derivatives is to be subject to clearing requirements, ESMA should aim for a reduction in systemic risk and avoidance of systemic repercussions.
Zaradi značilnosti deviznega trga (dnevni obseg transakcij, valutni pari, pomen transakcij s tretjimi državami, tveganje poravnave, ki se obravnava prek zanesljivega obstoječega mehanizma) je nujen ustrezen režim, ki bi temeljil predvsem na predhodni mednarodni konvergenci in vzajemnem priznavanju ustrezne infrastrukture.
The characteristics of the foreign exchange market (daily volume of the transaction, currency pairs, importance of third country transactions, settlement risk addressed through a robust existing mechanism) call for an appropriate regime that would rely notably on preliminary international convergence and mutual recognition of the relevant infrastructure.
Pri pripravi delegiranih aktov in tehničnih izvedbenih standardov bi bilo treba posebno pozornost nameniti potrebam institucij za dolgoročno varčevanje, da potrošnikom zagotovijo produkte dolgoročnega varčevanja.
In drafting delegated acts and technical implementing standards, special consideration should be given to the needs of long-term savings institutions to provide long-term savings products to consumers.
Zato ta uredba ne bi smela povzročiti prekomernih stroškov za institucije za dolgoročno varčevanje.
To that end this Regulation should not result in excessive costs for long-term savings institutions.
Pri institucijah za dolgoročno varčevanje bi bilo treba kot alternativo denarnim sredstvom dovoliti knjiženje državnih obveznic in kakovostnih obveznic delniških družb, da se zagotovi začetno in gibljivo kritje.
For long-term savings institutions, the posting of government and high-quality corporate bonds as an alternative to cash should be permitted to cover initial and variation margins.
O kliringu pogodbe o izvedenih finančnih instrumentih OTC se morata strinjati obe pogodbeni stranki.
For an OTC derivative contract to be cleared, it is necessary for both parties to that contract to consent.
Na splošno bi se morale obveznosti iz te uredbe uporabljati samo za prihodnje transakcije, s čimer bi omogočili gladek prehod in izboljšali stabilnost sistema, obenem pa zmanjšali potrebo po naknadnih prilagoditvah.
In general, the obligations under this Regulation should apply only to future transactions, thereby making a smooth transition possible and enhancing the stability of the system while reducing the need for subsequent adjustments.
Izvedeni finančni instrumenti OTC, ki se ne štejejo za primerne za kliring prek CCP, še vedno povzročajo kreditno tveganje nasprotne stranke, zato je treba določiti pravila za upravljanje tveganja.
OTC derivatives that are not considered suitable for CCP clearing still entail counterparty credit risk and therefore, rules should be established to manage that risk.
Pomembno je, da se obvezno različno obravnavanje nefinančnih nasprotnih strank s te uredbe razširi na Direktivo 2006/48/ES Evropskega parlamenta in Sveta z dne 14. junija 2006 o začetku opravljanja in opravljanju dejavnosti kreditnih institucij
It is important that necessarily different treatment of non-financial counterparties extends from this Regulation to Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions
UL L 177, 30.6.2006, str.
OJ L177, 30.6.2006, p.
in Direktivo 2006/49/ES o kapitalski ustreznosti investicijskih podjetij in kreditnih institucij
and Directive 2006/49/EC on the capital adequacy of investment firms and credit institutions
Regulativna kapitalska zahteva za finančne nasprotne stranke, ki se ukvarjajo z izvedenimi finančnimi instrumenti OTC, za katere se uporablja dvostranski kliring in ne kliring prek centralne klirinške hiše, bi se morala izračunati glede na stopnje morebitne izgube, povezane s tveganjem neplačila, izmerjenim za vsako nasprotno stranko.
The regulatory capital charge for financial counterparties dealing in OTC derivatives which are cleared bilaterally and not in a central clearing house should be able to be calculated in relation to the levels of potential loss associated with the risk of default, measured for each counterparty.
Pravila o obveznosti kliringa in poročanja ter pravila o tehnikah zmanjševanja tveganja za pogodbe o izvedenih finančnih instrumentih OTC, za katere ni opravljen kliring prek CCP, morajo veljati za finančne nasprotne stranke, in sicer investicijska podjetja,
Rules on clearing and reporting obligations and rules on risk mitigation techniques for derivative contracts not cleared by a CCP should apply to financial counterparties, namely investment firms
ki imajo dovoljenje po
authorised under
Direktivi 2004/39/ES, kreditne institucije,
Directive 2004/39/EC, credit institutions
Direktivi 2006/48/ES zavarovalnice,
Directive 2006/48/EC, insurance undertakings
Prvi direktivi Sveta 73/239/EGS z dne 24. julija 1973 o usklajevanju zakonov in drugih predpisov o začetku opravljanja in opravljanju dejavnosti neposrednega zavarovanja razen življenjskega zavarovanja UL L 228, 16.8.1973, str.
First Council Directive 73/239/EEC of 24 July 1973 on the coordination of laws, regulations and administrative provisions relating to the taking-up and pursuit of the business of direct insurance other than life assurance OJ L 228, 16.8.1973, p.
Direktivi 2002/83/ES Evropskega parlamenta in Sveta z dne 5. novembra 2002 o življenjskem zavarovanju
Directive 2002/83/EC of the European Parliament and of the Council of 5 November 2002 concerning life assurance
Direktivi 2005/68/ES Evropskega parlamenta in Sveta z dne 16. novembra 2005 o pozavarovanju UL L 323, 9.12.2005, str.
Directive 2005/68/ECof the European Parliament and of the Council of 16 November 2005 on reinsurance OJ L 323, 9.12.2005, p.
, kolektivne naložbene podjeme za vlaganja v prenosljive vrednostne papirje (KNPVP),
, undertakings for collective investments in transferable securities (UCITS)
Direktivi 2011/61/EU
Directive 2011/61/EU
UL Prosimo, vstavite datum.
OJ please insert number, date and OJ reference.
Dejavnosti KNPVP, ki opravljajo le manjše transakcije z izvedenimi finančnimi instrumenti, bi bilo treba zato oceniti, da bi natančno določili podlago, na kateri bi morali biti razvrščeni kot finančne nasprotne stranke v smislu te uredbe.
The activities of UCITS which carry out only low-volume derivatives transactions should therefore be assessed in order to determine on what precise basis they should be classified as financial counterparties within the meaning of this Regulation.
V ta namen se prag kliringa za nefinančne nasprotne stranke ne bi smel samodejno uporabljati za KNPVP.
For that reason, the clearing threshold for non-financial counterparties should not automatically be applied to UCITS.
Namesto tega bi bilo treba upoštevati in uvesti ozko opredeljeno odstopanje.
Instead, a narrowly defined derogation should be considered and introduced.