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Article 156-20-14Rescission of Licenses

第百五十六条の二十の十四(免許の取消し等)

If a foreign financial instruments clearing organization is discovered to have fallen under any of the categories in the items of Article 156-20-4, paragraph (2) at the time it was licensed, the Prime Minister may rescind the license.

内閣総理大臣は、外国金融商品取引清算機関がその免許を受けた当時既に第百五十六条の二十の四第二項各号のいずれかに該当していたことが判明したときは、その免許を取り消すことができる。

If a foreign financial instruments clearing organization violates a law or regulation or a disposition by a government agency which is based on a law or regulation, the Prime Minister may rescind the license referred to in Article 156-20-2, order the suspension of all or part of its business during a fixed period of no longer than six months, or order the dismissal of its domestic representative (if a foreign financial instruments clearing organization has a domestic office, this includes any officer stationed there).

内閣総理大臣は、外国金融商品取引清算機関が法令又は法令に基づく行政官庁の処分に違反したときは、第百五十六条の二十の二の免許を取り消し、六月以内の期間を定めてその業務の全部若しくは一部の停止を命じ、又はその国内における代表者(国内に事務所がある場合にあつては、当該事務所に駐在する役員を含む。)の解任を命ずることができる。

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