natgillin/translations-raw huggingface dataset:
Guideline (EU) 2016/579 (ECB/2016/6) has also introduced amendments to Guideline ECB/2012/27 on a number of policy issues, including the treatment of TARGET2 participants subject to resolution proceedings, from the perspective of their TARGET2 participation.
Genom riktlinje (EU) 2016/579 (ECB/2016/6) ändrades även flera policyaspekter av riktlinje ECB/2012/27, bl.a. hur TARGET2-deltagare som är föremål för resolutionsåtgärder ska behandlas avseende sitt deltagande i TARGET2.
To reflect the foregoing amendments to Guideline ECB/2012/27, Decision ECB/2007/7 [4], which is concerned with the terms and conditions of TARGET2-ECB, should be amended accordingly,
För att spegla ovannämnda ändringar av riktlinje ECB/2012/27 bör Europeiska centralbankens beslut ECB/2007/7 [4], om villkoren för TARGET2-ECB, därför ändras.
Annexes I and II to Decision ECB/2007/7 are amended in accordance with the Annex to this Decision.
Bilagorna I och II till beslut ECB/2007/7 ska ändras i enlighet med bilagan till det här beslutet.
This Decision shall enter into force on 16 May 2016.
Detta beslut träder i kraft den 16 maj 2016.
Done at Frankfurt am Main, 26 April 2016.
Utfärdat i Frankfurt am Main den 26 april 2016.
Guideline (EU) 2016/579 of the European Central Bank of 16 March 2016 amending Guideline ECB/2012/27 on a Trans-European Automated Real-time Gross settlement Express Transfer system (TARGET2) (ECB/2016/6) (OJ L 99, 15.4.2016, p. 21).
Europeiska centralbankens riktlinje (EU) 2016/579 av den 16 mars 2016 om ändring av riktlinje ECB/2012/27 om ett transeuropeiskt automatiserat system för bruttoavveckling av betalningar i realtid (TARGET2) (ECB/2016/6) (EUT L 99, 15.4.2016, s.
Guideline (EU) 2015/930 of the European Central Bank of 2 April 2015 amending Guideline ECB/2012/27 on a Trans-European Automated Real-time Gross settlement Express Transfer system (TARGET2) (ECB/2015/15) (OJ L 155, 19.6.2015, p. 38).
Europeiska centralbankens riktlinje ECB/2012/27 av den 5 december 2012 om ett transeuropeiskt automatiserat system för bruttoavveckling av betalningar i realtid (TARGET2) (EUT L 30, 30.1.2013, s.
ANNEX
Europeiska centralbankens riktlinje ECB/2015/930 av den 2 april 2015 om ändring av riktlinje ECB/2012/27 om ett transeuropeiskt automatiserat system för bruttoavveckling av betalningar i realtid (TARGET2) (ECB/2015/15) (EUT L 155, 19.6.2015, s.
in Article 1, the following definition is replaced:
Europeiska centralbankens beslut ECB/2007/7 av den 24 juli 2007 om villkoren för TARGET2-ECB (EUT L 237, 8.9.2007, s.
Article 28 is amended as follows:
BILAGA
the following sentence is added at the end of paragraph 1:
Bilaga I till beslut ECB/2007/7 ska ändras på följande sätt:
‘For the purposes of this paragraph, the taking of resolution action within the meaning of Directive 2014/59/EU of the European Parliament and of the Council against a PM account holder shall not automatically qualify as the opening of insolvency proceedings.(ii) paragraph 4(a) is replaced by the following:
I artikel 1 ska följande definition ersättas:
Such message shall be deemed to have been issued by the home CB of the PM account holder and DCA holder that receives the message.’;
Artikel 28 ska ändras på följande sätt:
paragraph 4(b) is deleted;
Följande mening ska läggas till i slutet av punkt 1:
in Article 32, paragraph 1 is replaced by the following:
”For the purposes of this paragraph, the taking of resolution action within the meaning of Directive 2014/59/EU of the European Parliament and of the Council against a PM account holder shall not automatically qualify as the opening of insolvency proceedings.ii) Punkt 4 a ska ersättas med följande:
The ECB shall keep confidential all sensitive or secret information, including when such information relates to payment, technical or organisational information belonging to the participant, participants from the same group or the participant's customers, unless the participant or its customer has given its written consent to disclose.’;
Such message shall be deemed to have been issued by the home CB of the PM account holder and DCA holder that receives the message.”;
in Appendix II, paragraph 3(a)(ii) is replaced by the following:
Punkt 4 b ska utgå.
Any interest or charges resulting from the placing of any non-settled payment orders on deposit with the Eurosystem shall be deducted from, or charged to, the amount of any compensation, as the case may be; and’;
Artikel 32.1 ska ersättas med följande:
in Appendix IV, paragraph 4 is amended as follows:
The ECB shall keep confidential all sensitive or secret information, including when such information relates to payment, technical or organisational information belonging to the participant, participants from the same group or the participant's customers, unless the participant or its customer has given its written consent to disclose.”;
point (b) is replaced by the following:
I tillägg II ska punkt 3 a ii ersättas med följande:
In the event that the operation of the SSP or the T2S Platform, as referred to in Annex II, is relocated from one region (Region 1) to another region (Region 2), the participants shall endeavour to reconcile their positions up to the point of the failure or the occurrence of the abnormal external events and provide to the ECB all relevant information in this respect.’;
Any interest or charges resulting from the placing of any non-settled payment orders on deposit with the Eurosystem shall be deducted from, or charged to, the amount of any compensation, as the case may be; and”;
the following point (c) is added:
I tillägg IV ska punkt 4 ändras på följande sätt:
Where a PM to DCA liquidity transfer order is debited on the participant's PM account on the SSP in Region 1, but, after reconciliation, is not shown as debited on the SSP in Region 2, the CB responsible for the participant shall debit the participant's PM account in Region 2 to return the participant's PM account balance to the level it had prior to the relocation.’;
Punkt b ska ersättas med följande:
in Appendix IV, paragraph 8(c) is replaced by the following:
In the event that the operation of the SSP or the T2S Platform, as referred to in Annex II, is relocated from one region (Region 1) to another region (Region 2), the participants shall endeavour to reconcile their positions up to the point of the failure or the occurrence of the abnormal external events and provide to the ECB all relevant information in this respect.”;
Any costs incurred by the participants as a result of such testing or other arrangements shall be borne solely by the participants.’;
Följande punkt c ska läggas till:
in Appendix VI, the following text is added:
Where a PM to DCA liquidity transfer order is debited on the participant's PM account on the SSP in Region 1, but, after reconciliation, is not shown as debited on the SSP in Region 2, the CB responsible for the participant shall debit the participant's PM account in Region 2 to return the participant's PM account balance to the level it had prior to the relocation.”;
A fixed monthly fee of EUR 1000 to be charged to each ancillary system (Fixed Fee I).
I tillägg IV ska punkt 8 c ersättas med följande:
A second monthly fixed fee of between EUR 417 and EUR 8334, in proportion to the underlying gross value of the ancillary system's euro cash settlement transactions (Fixed Fee II).
Any costs incurred by the participants as a result of such testing or other arrangements shall be borne solely by the participants.”;
for Option B, the limits of the bands relating to volume of payment instructions are divided by two; and
I tillägg VI ska följande text läggas till:
Per transmission’;
Bilaga II till beslut ECB/2007/7 ska ändras på följande sätt:
Annex II to Decision ECB/2007/7 is amended as follows:
I artikel 1 ska följande definitioner ersättas:
“auto-collateralisation” means intraday credit granted by the euro area national central bank (NCB) in central bank money triggered when a DCA holder has insufficient funds to settle securities transactions, whereby such intraday credit is collateralised either with the securities being purchased (collateral on flow), or with securities already held by the DCA holder (collateral on stock).
For the purposes of Article 16, all three transactions are deemed to have been entered into the system and deemed to be irrevocable at the same time as the transaction for the granting of the auto-collateralisation,”;
For the purposes of Article 16, all three transactions are deemed to have been entered into the system and deemed to be irrevocable at the same time as the transaction for the granting of the auto-collateralisation,’;
‘Main PM account’ means the PM account to which a DCA is linked and to which any remaining balance will be automatically repatriated at the end of the day,”;
“Main PM account” means the PM account to which a DCA is linked and to which any remaining balance will be automatically repatriated at the end of the day,’;
Det inledande stycket i artikel 16.3 ska ersättas med följande:
The introductory paragraph of Article 16(3) is replaced by the following:
”An agreement is to be signed between the Eurosystem CBs and the connected NCBs, on the one hand, and all CSDs participating in T2S, on the other hand, on the exchange of information in the event of the insolvency of a participant, and the liability of each of the signatories to the agreement.
‘An agreement is to be signed between the Eurosystem CBs and the connected NCBs, on the one hand, and all CSDs participating in T2S, on the other hand, on the exchange of information in the event of the insolvency of a participant, and the liability of each of the signatories to the agreement.
Two weeks after the ECB has confirmed to all of the agreement's signatories that procedures for the exchange of the abovementioned information have been established and approved by all parties thereto, the rules provided for in paragraph 2 shall be replaced by the following:”;
Two weeks after the ECB has confirmed to all of the agreement's signatories that procedures for the exchange of the abovementioned information have been established and approved by all parties thereto, the rules provided for in paragraph 2 shall be replaced by the following:’;
Artikel 24 ska ändras på följande sätt:
Article 24 is amended as follows:
”For the purposes of this paragraph, the taking of resolution action within the meaning of Directive 2014/59/EU against a DCA holder shall not automatically qualify as the opening of insolvency proceedings.”
‘For the purposes of this paragraph, the taking of resolution action within the meaning of Directive 2014/59/EU against a DCA holder shall not automatically qualify as the opening of insolvency proceedings’;
Punkt 4 a ska ersättas med följande:
In the event that the ECB suspends or terminates a DCA holder's participation in TARGET2-ECB under paragraph 1 or 2, the ECB shall immediately inform, by means of an ICM broadcast message or a T2S broadcast message, that DCA holder, other CBs and DCA holders and PM account holders in all of the TARGET2 component systems of such suspension or termination.
I tillägg IV ska punkt 7 b ersättas med följande:
Such a message shall be deemed to have been issued by the home CB of the DCA holder and PM account holder that receives the message.’;
Alla kostnader som förorsakas DCA-kontoinnehavare till följd av sådana tester eller andra åtgärder ska uteslutande bäras av DCA-kontoinnehavarna.”
in Appendix IV, paragraph 7(b) is replaced by the following:
Tillägg VI ska ersättas med följande:
Any costs incurred by the DCA holders as a result of such testing or other arrangements shall be borne solely by the DCA holders.’;
”APPENDIX VI
Appendix VI is replaced by the following:
Per transmission”
‘APPENDIX VI
Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (OJ L 173, 12.6.2014, p. 190).”;
Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (OJ L 173, 12.6.2014, p. 190).’;
ECB:s ordförande
Decision (EU) 2016/810 of the European Central Bank
Europeiska centralbankens beslut (EU) 2016/810
on a second series of targeted longer-term refinancing operations (ECB/2016/10)
om en andra serie med riktade långfristiga refinansieringstransaktioner (ECB/2016/10)
Having regard to the Statute of the European System of Central Banks and of the European Central Bank, and in particular the first indent of Article 3.1, Article 12.1, the second indent of Article 18.1 and the second indent of Article 34.1 thereof,
med beaktande av stadgan för Europeiska centralbankssystemet och Europeiska centralbanken, särskilt artikel 3.1 första strecksatsen, artikel 12.1, artikel 18.1 andra strecksatsen samt artikel 34.1 andra strecksatsen, och
Decision ECB/2014/34 [1] provides for a series of targeted longer-term refinancing operations (TLTROs) to be conducted over a period of two years from 2014 to 2016.
Beslut ECB/2014/34 [1] innehåller bestämmelser om en serie riktade långfristiga refinansieringstransaktioner (targeted longer-term refinancing operations, TLTRO) som ska genomföras under tvåårsperioden 2014–2016.
On 10 March 2016, in pursuing its price stability mandate, the Governing Council decided to launch a new series of four targeted longer-term refinancing operations (TLTROs-II), with the aim of further easing private sector credit conditions and stimulating credit creation.
Den 10 mars 2016 beslutade ECB-rådet, inom ramen för sitt mandat att upprätthålla prisstabilitet, att initiera en ny serie med fyra riktade långfristiga refinansieringstransaktioner (TLTRO II) med målet att ytterligare förbättra kreditvillkoren för den privata sektorn och för att stimulera kreditgivningen.
The TLTROs-II are intended to strengthen the transmission of monetary policy by further incentivising bank lending to the non-financial private sector, i.e. households and non-financial corporations, in Member States whose currency is the euro.
Målet för TLTRO II är att förbättra den penningpolitiska transmissionen genom att skapa ytterligare incitament för bankernas utlåning till den icke-finansiella privata sektorn, dvs. hushåll och icke-finansiella bolag, i de medlemsstater som har euron som valuta.
This measure is not intended to support bank lending to households for the purposes of house purchases.
Det är inte meningen att dessa åtgärder ska främja bankernas utlåning till hushållen för husköp.
Eligible lending to the non-financial private sector in the context of this measure therefore excludes loans to households for the purposes of house purchases.
Godtagbar utlåning till den icke-finansiella privata sektorn inom ramen för denna åtgärd exkluderar därför utlåning till hushållen för husköp.
In conjunction with other non-standard measures in place, TLTROs-II aim to contribute to a return of inflation rates to levels below, but close to, 2 % over the medium term.
Tillsammans med övriga icke-standardåtgärder är syftet med TLTRO II att bidra till att inflationstakten på medellång sikt återgår till en nivå som ligger strax under 2 procent.
As with the first series of TLTROs, in order to facilitate the participation of institutions that, for organisational reasons, borrow from the Eurosystem by means of a group structure, participation in TLTROs-II will be possible on a group basis where there is an institutional basis for group treatment.
På samma sätt som den första serien TLTRO kommer det, för att institut som av organisatoriska skäl lånar från Eurosystemet genom en gruppstruktur lättare ska kunna delta, att vara möjligt att delta i TLTRO II på gruppbasis om det finns institutionella förutsättningar att behandla instituten som en grupp.
Group participation will be conducted through one specific group member and where prescribed conditions have been fulfilled.
Grupper kommer att kunna delta genom en specifik gruppmedlem när gällande villkor uppfylls.
Moreover, in order to address the issues related to intra-group liquidity distribution, in the case of groups that are established on the basis of close links between members, all group members will have to formally confirm in writing their participation in the group.
För att lösa frågor som rör den gruppinterna likviditetsfördelningen måste alla medlemmar i grupper som etablerats utifrån nära förbindelser mellan medlemmarna formellt bekräfta sitt deltagande i gruppen i skriftform.
A TLTRO group that was recognised for the purposes of TLTROs pursuant to Decision ECB/2014/34 may participate in TLTROs-II as a TLTRO-II group subject to certain procedures concerning notification and recognition.
En TLTRO-grupp som godkänts för TLTRO i enlighet med beslut ECB/2014/34 får delta i TLTRO II som en TLTRO II-grupp om vissa förfaranden avseende information och erkännande beaktas.
The overall amount that may be borrowed under all TLTROs-II will be determined on the basis of a participant's total amount of eligible loans to the non-financial private sector outstanding as at 31 January 2016, less any amount previously borrowed by the TLTRO-II participant under the first two TLTROs conducted in September and December 2014 pursuant to Decision ECB/2014/34 and still outstanding on the settlement date of a TLTRO-II.
Det sammanlagda belopp som kan lånas inom ramen för alla TLTRO II bestäms utifrån deltagarens sammanlagda utestående belopp av godtagbara lån till den icke-finansiella privata sektorn per den 31 januari 2016, minus eventuella belopp som tidigare lånats av TLTRO II-deltagaren under de två första TLTRO:erna som genomfördes i september och december 2014 i enlighet med beslut ECB/2014/34 och fortfarande är utestående på avvecklingsdagen för en TLTRO II.
The interest rate applicable to each TLTRO-II will be determined based on the lending history of the participant in the period 1 February 2016 to 31 January 2018 in accordance with the principles set out in this Decision.
Räntan för varje TLTRO II kommer att fastställas utifrån deltagarens lånehistorik under perioden 1 februari 2016 till 31 januari 2018 i enlighet med de principer som fastställts i detta beslut.
Starting 24 months after the settlement of each TLTRO-II, participants will have the option to repay amounts allotted in accordance with prescribed procedures on a quarterly basis.
Med start 24 månader efter avvecklingen av varje TLTRO II kan deltagarna välja att kvartalsvis återbetala de belopp som de tilldelats i enlighet med gällande regler.
Institutions that wish to participate in TLTROs-II will be subject to certain reporting requirements.
De institut som önskar delta i TLTRO II kommer att omfattas av vissa rapporteringskrav.
The reported data will be used: (a) in determining the borrowing allowance; (b) in calculating the applicable benchmark; (c) to assess participants' performance against their benchmarks; and (d) for other analytical purposes as required for performing Eurosystem tasks.
De rapporterade uppgifterna kommer att användas för att a) fastställa lånebeloppet, b) beräkna respektive tröskelvärde, c) bedöma hur deltagarnas nyckeltal utvecklas samt d) utföra andra analytiska uppgifter som är nödvändiga för att genomföra Eurosystemets uppgifter.
It is further envisaged that the national central banks of Member States whose currency is the euro (hereinafter ‘NCBs’) in receipt of reported data may exchange such data within the Eurosystem to the extent and to the level necessary for the proper implementation of the TLTRO-II framework, as well as an analysis of its effectiveness and for other Eurosystem analytical purposes.
Dessutom kommer de nationella centralbankerna i de medlemsstater som har euron som valuta (nedan kallade nationella centralbanker) som erhåller de inrapporterade uppgifterna att tillåtas vidarebefordra uppgifterna inom Eurosystemet i den utsträckning och på den nivå som är nödvändig för att genomföra och analysera effekterna av ramverket för TLTRO II samt utföra andra analytiska uppgifter som Eurosystemet ska göra.
Reported data may be shared within the Eurosystem for the purpose of validating the data provided.
För att validera de inrapporterade uppgifterna får dessa vidarebefordras inom Eurosystemet.
In order to allow credit institutions sufficient time to make operational preparations for the first TLTRO-II, this Decision should enter into force without undue delay,
För att ge kreditinstituten tillräckligt med tid för sina operativa förberedelser inför den första transaktionen inom ramen för TLTRO II, bör detta beslut träda i kraft så snart som möjligt.
‘benchmark net lending’ means the amount of eligible net lending that a participant needs to exceed in the period 1 February 2016 to 31 January 2018 in order to qualify for an interest rate on the participant's TLTRO-II borrowing that is lower than the initial rate applied and which is calculated in accordance with the principles and the detailed provisions set out in Article 4 and Annex I, respectively;
tröskelvärde för nettoutlåning det belopp för godtagbar nettoutlåning som en deltagare måste överskrida under perioden 1 februari 2016 till 31 januari 2018 för att kvalificera sig för en räntesats på deltagarens TLTRO II-lån som är lägre än den ursprungliga räntesatsen som tillämpas och som beräknas enligt de principer och anvisningar som framgår av artikel 4 respektive bilaga I.
‘benchmark outstanding amount’ means the sum of a participant's eligible loans outstanding as at 31 January 2016 and the participant's benchmark net lending which is calculated in accordance with the principles and the detailed provisions set out in Article 4 and Annex I, respectively;
tröskelvärde för utestående belopp summan av en deltagares utestående godtagbara lån per den 31 januari 2016 och deltagarens tröskelvärde för nettoutlåning som beräknas enligt de principer och anvisningar som framgår av artikel 4 respektive bilaga I.
‘bid limit’ means the maximum amount that may be borrowed by a participant in any TLTRO-II calculated in accordance with the principles and the detailed provisions set out in Article 4 and Annex I, respectively;
anbudsgräns det högsta belopp som en deltagare kan låna inom ramen för en enskild TLTRO II, beräknad enligt de principer och anvisningar som framgår av artikel 4 respektive bilaga I.
‘borrowing allowance’ means the overall amount that may be borrowed by a participant in all TLTROs-II and calculated in accordance with the principles and the detailed provisions set out in Article 4 and Annex I, respectively;
lånebelopp det sammanlagda belopp som en deltagare kan låna inom ramen för alla TLTRO II, beräknat enligt de principer och anvisningar som framgår av artikel 4 respektive bilaga I.
‘credit institution’ means a credit institution as defined in point (14) of Article 2 of Guideline (EU) 2015/510 of the European Central Bank (ECB/2014/60) [2];
kreditinstitut ett kreditinstitut såsom det definieras i artikel 2.14 i Europeiska centralbankens riktlinje (EU) 2015/510 (ECB/2014/60) [2].6. godtagbara lån
‘eligible loans’ means loans to non-financial corporations and households (including non-profit institutions serving households) resident, as defined in point (4) of Article 1 of Council Regulation (EC) No 2533/98 [3], in Member States whose currency is the euro, except loans to households for house purchases, as further detailed in Annex II;
lån till icke-finansiella bolag och hushåll (inklusive hushållens icke-vinstdrivande organisationer) med hemvist, enligt definitionen i artikel 1.4 i rådets förordning (EG) nr 2533/98 [3], i medlemsstater som har euron som valuta, exklusive lån till hushåll för husköp, enligt vad som framgår ytterligare i bilaga II.7. godtagbar nettoutlåning