From these 35 words, as many per round as you like — up to all of them: first what is due today, then new ones. First you choose, then you fill the gap, then you write it yourself. Mistakes come back again shortly.
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The ninth entry is sistemicamente relevante, and it is the one line on this page an English reader should refuse to render word for word. Relevante in Portuguese carries two loads at once. It means pertinent, bearing on the matter — a informação relevante para a decisão — and it also means important, of weight, worth noticing: um facto relevante, uma diferença relevante. « Relevant » in English kept only the first of those. It says that a thing belongs to the question in hand and says nothing whatever about size, so a remark can be entirely relevant and entirely trivial, and « the relevant authority » is merely the one that happens to apply. A bank called « systemically relevant » has therefore been described as pertinent to the system, which is true of every bank alive. The term the rules use is « systemically important », and the institutions themselves are « global systemically important banks ». Where Portuguese leans on relevante for weight, English has to reach for « important », « significant » or « material » — and it is the last of the three that the accounts prefer.
o supervisor bancáriothe banking supervisorNoun (m)C2
O supervisor bancário pediu explicações por escrito.The banking supervisor asked for an explanation in writing.
o requisito de fundos própriosthe own funds requirementNoun (m)C2
O requisito de fundos próprios subiu depois da revisão.The own funds requirement went up after the review.
o ponderador de riscothe risk weightNoun (m)C2
Cada tipo de crédito tem o seu ponderador de risco.Each kind of credit has its own risk weight.
o rácio de alavancagemthe leverage ratioNoun (m)C2
O rácio de alavancagem não olha ao risco de cada ativo.The leverage ratio takes no account of the risk of each asset.
o teste de esforço bancáriothe bank stress testNoun (m)C2
O teste de esforço bancário parte de um cenário adverso.The bank stress test starts from an adverse scenario.
o plano de resoluçãothe resolution planNoun (m)C2
O plano de resolução diz quem fica com que parte.The resolution plan says who is left with which part.
o processo de avaliação supervisivathe supervisory review processNoun (m)C2
O processo de avaliação supervisiva termina numa carta ao banco.The supervisory review process ends in a letter to the bank.
os fundos própriosown fundsNoun (m)C2
Os fundos próprios absorvem as perdas antes de tudo o resto.Own funds absorb the losses before anything else does.
o requisito de reservathe buffer requirementNoun (m)C2
Quem falha o requisito de reserva não distribui lucros.A bank that misses the buffer requirement pays out no profits.
o requisito de governaçãothe governance requirementNoun (m)C2
O requisito de governação abrange as funções de controlo.The governance requirement covers the control functions.
o modelo internothe internal modelNoun (m)C2
O modelo interno precisa de aprovação prévia.The internal model needs prior approval.
o dever de reportethe supervisory reporting dutyNoun (m)C2
O dever de reporte não acaba com o fim do trimestre.The supervisory reporting duty does not end with the quarter.
o dever de divulgaçãothe disclosure dutyNoun (m)C2
O dever de divulgação obriga a publicar os rácios.The disclosure duty forces the ratios to be published.
o mecanismo único de supervisãothe single supervisory mechanismNoun (m)C2
O mecanismo único de supervisão junta o banco central e as autoridades nacionais.The single supervisory mechanism brings the central bank and the national authorities together.
o plano de recuperaçãothe recovery planNoun (m)C2
O plano de recuperação é escrito pelo próprio banco.The recovery plan is written by the bank itself.
o incumprimento de um requisitothe breach of a requirementNoun (m)C2
O incumprimento de um requisito é comunicado no próprio dia.The breach of a requirement is reported on the same day.
a reserva de liquidezthe liquidity bufferNoun (f)C2
A reserva de liquidez tem de aguentar um mês difícil.The liquidity buffer has to hold out through a difficult month.
a garantia de depósitosthe deposit guaranteeNoun (f)C2
A garantia de depósitos cobre cada cliente até um limite.The deposit guarantee covers each customer up to a limit.
a inspeção no localthe on-site inspectionNoun (f)C2
A inspeção no local durou várias semanas.The on-site inspection went on for several weeks.
a intervenção corretivaearly interventionNoun (f)C2
A intervenção corretiva chega antes da resolução.Early intervention comes before resolution.
a revogação da autorizaçãowithdrawal of authorisationNoun (f)C2
A revogação da autorização é o último passo.Withdrawal of authorisation is the last step.
a supervisão em base consolidadasupervision on a consolidated basisNoun (f)C2
A supervisão em base consolidada vê o grupo como um todo.Supervision on a consolidated basis sees the group as one whole.
a união bancáriathe banking unionNoun (f)C2
A união bancária assenta em dois pilares e falta o terceiro.The banking union rests on two pillars and the third one is missing.
a recapitalização internathe bail-inNoun (f)C2
Na recapitalização interna são os credores que pagam.In a bail-in it is the creditors who pay.
a absorção de perdasloss absorptionNoun (f)C2
A absorção de perdas segue uma ordem fixa.Loss absorption follows a fixed order.
a garantia implícitathe implicit guaranteeNoun (f)C2
Uma garantia implícita do governo baixa os juros do banco.An implicit guarantee from the state lowers the bank’s interest costs.
a banca paralelashadow bankingNoun (f)C2
A banca paralela empresta sem estar sujeita às mesmas regras.Shadow banking lends without being subject to the same rules.
a reserva contracíclicathe countercyclical bufferNoun (f)C2
A reserva contracíclica sobe nos anos bons.The countercyclical buffer rises in the good years.
a avaliação da qualidade dos ativosthe asset quality reviewNoun (f)C2
A avaliação da qualidade dos ativos revelou empréstimos mal classificados.The asset quality review brought to light loans that had been wrongly classified.
a expectativa de supervisãothe supervisory expectationNoun (f)C2
Uma expectativa de supervisão não é uma lei, mas ignorá-la custa caro.A supervisory expectation is not a law, but ignoring it is expensive.
a sanção pecuniáriathe financial penaltyNoun (f)C2
A sanção pecuniária foi publicada com o nome do banco.The financial penalty was published with the bank’s name on it.
