When seeking to perform services set forth in Article 10, paragraph (2), item (viii)-2 (hereinafter referred to as "foreign bank agency services", except in items (ii) through (iv) of the following Article), a bank must obtain the authorization by the Prime Minister pursuant to the provisions of Cabinet Office Order in advance, for each foreign bank that is the other party to a contract providing that the bank is being entrusted with the foreign bank agency services (the foreign bank is hereinafter referred to as "principal foreign bank", except in items (ii) through (iv) of the following Article).
銀行は、第十条第二項第八号の二に掲げる業務(次条第二号から第四号までを除き、以下「外国銀行代理業務」という。)を営もうとするときは、当該外国銀行代理業務の委託を受ける旨の契約の相手方である外国銀行(次条第二号から第四号までを除き、以下「所属外国銀行」という。)ごとに、内閣府令で定めるところにより、あらかじめ、内閣総理大臣の認可を受けなければならない。
Notwithstanding the provisions of the preceding paragraph, for each foreign bank group (meaning a group consisting of a foreign bank and the foreign bank's subsidiary companies that are foreign banks or of any other persons specified by Cabinet Office Order), a bank may perform foreign bank agency services that has a foreign bank that belongs to that foreign bank group as the principal foreign bank, by obtaining an authorization.
The provisions of paragraph (1) do not apply if a bank seeks to perform foreign bank agency services by having its subsidiary company which is a foreign bank or any other foreign bank specified by Cabinet Office Order as its principal foreign bank. In such a case, the bank must file a notification with the Prime Minister, pursuant to the provisions of Cabinet Office Order in advance, for each principal foreign bank that is involved in the relevant foreign bank agency services.
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(Scope of Services)
acting as agent or intermediary in connection with the services of a foreign bank (limited to agency, intermediation, and any other services specified by Cabinet Office Order when the bank acts as…
外国銀行の業務の代理又は媒介(銀行の子会社である外国銀行の業務の代理又は媒介を当該銀行が行う場合における当該代理又は媒介その他の内閣府令で定めるものに限る。)
Open this provision(Special Provisions on the License of Foreign Banks)
a long-term credit bank performs foreign bank agency services (meaning foreign bank agency services provided for in Article 6-3, paragraph (1) of the Long-Term Credit Bank Act) by obtaining the…
長期信用銀行が、長期信用銀行法第六条の三第一項若しくは第二項(外国銀行代理業務に係る認可等)の認可を受け、又は同条第三項の規定による届出をして外国銀行代理業務(同条第一項に規定する外国銀行代理業務をいう。)を営んでいる場合 当該外国銀行代理業務に係る所属外国銀行(同条第一項に規定する所属外国銀行をいう。)の当該外国銀…
Open this provision(Special Provisions on the License of Foreign Banks)
a federation of Shinkin banks performs foreign bank agency services (meaning foreign bank agency services provided for in Article 54-2, paragraph (2) (Authorization for Foreign Bank Agency Services)…
信用金庫連合会が、信用金庫法第五十四条の二第二項(外国銀行代理業務に係る認可等)の規定による届出をして外国銀行代理業務(同項に規定する外国銀行代理業務をいう。)を営んでいる場合 当該外国銀行代理業務に係る所属外国銀行(同条第一項に規定する所属外国銀行をいう。)の当該外国銀行代理業務に係る業務
Open this provision(Special Provisions on the License of Foreign Banks)
The Norinchukin Bank performs foreign bank agency services (meaning the foreign bank agency services provided for in Article 59-4, paragraph (1) (Authorization for Foreign Bank Agency Services) of…
農林中央金庫が、農林中央金庫法第五十九条の四第二項(外国銀行代理業務に係る認可等)の規定による届出をして外国銀行代理業務(同条第一項に規定する外国銀行代理業務をいう。)を営んでいる場合 当該外国銀行代理業務に係る所属外国銀行(同条第一項に規定する所属外国銀行をいう。)の当該外国銀行代理業務に係る業務
Open this provision(Authorization for Foreign Bank Agency Services)
When seeking to perform services set forth in Article 10, paragraph (2), item (viii)-2 (hereinafter referred to as "foreign bank agency services", except in items (ii) through (iv) of the following…
銀行は、第十条第二項第八号の二に掲げる業務(次条第二号から第四号までを除き、以下「外国銀行代理業務」という。)を営もうとするときは、当該外国銀行代理業務の委託を受ける旨の契約の相手方である外国銀行(次条第二号から第四号までを除き、以下「所属外国銀行」という。)ごとに、内閣府令で定めるところにより、あらかじめ…
Open this provisionbank
「銀行」
A person that carries on banking (銀行業) under a licence from the Prime Minister (内閣総理大臣) under Article 4, paragraph (1).
Defined inArticle 2, paragraph (1)· applies throughout the law
subsidiary company
「子会社」
Another company in which a company holds more than 50% of the voting rights of all shareholders, etc. (総株主等の議決権); a company in which the company and its subsidiaries, or its subsidiaries alone, hold more than 50% is also treated as its subsidiary company.
Defined inArticle 2, paragraph (8)· applies throughout the law
foreign bank
「外国銀行」
A person that carries on banking business in a foreign country under foreign laws and regulations, other than a bank, etc. (銀行等) as defined in Article 4, paragraph (5).
Short name set inArticle 10, paragraph (2), item (viii)
foreign bank agency services
「外国銀行代理業務」
The services in Article 10, paragraph (2), item (viii)-2: acting as agent or intermediary for a foreign bank's business, in the cases a Cabinet Office Order (内閣府令) specifies; a bank needs the Prime Minister's authorization in advance for each foreign bank it contracts with.
Short name set inArticle 52-2, paragraph (1)· applies from here on, except in Article 52-2-2, paragraph (1), items (ii) to (iv)
principal foreign bank
「所属外国銀行」
A foreign bank that has contracted with a bank to entrust it with foreign bank agency services (外国銀行代理業務); the bank needs the Prime Minister's authorization in advance for each such foreign bank.
Short name set inArticle 52-2, paragraph (1)· applies from here on, except in Article 52-2-2, paragraph (1), items (ii) to (iv)
Prime Minister
内閣総理大臣
The head of the Cabinet. Designated by the Diet from among its own members, and appointed by the Emperor on that designation (Articles 67 and 6). The Prime Minister appoints and may dismiss the other Ministers of State at will, and a majority of them must be members of the Diet (Article 68). No Minister of State can be subjected to legal action while in office without the Prime Minister's consent (Article 75).
Written by AI using Constitution, Arts. 6, 67, 68, 75 and Wikipedia: Prime Minister of Japan as a reference.