If a financial instruments business operator, etc. conducts a transaction set forth in any of the following items, it must have the person prescribed in the relevant item bear its obligations and the counterparty's obligations from that transaction:
金融商品取引業者等は、次の各号に掲げる取引を行う場合には、当該取引に基づく自己及び相手方の債務をそれぞれ当該各号に定める者に負担させなければならない。
the over-the-counter derivatives transactions and other transactions specified by Cabinet Office Order as those which, in light of the transaction volume and other conditions of the transaction, if defaulted on, the default could have a material impact on Japan's capital market, and which, in consideration of the character of the transaction, need to be cleared in Japan:a financial instruments clearing organization;
店頭デリバティブ取引その他の取引のうち、取引高その他の取引の状況に照らして、その取引に基づく債務の不履行が我が国の資本市場に重大な影響を及ぼすおそれがあるものであつて、その特性にかんがみ、我が国において清算する必要があるものとして内閣府令で定める取引 金融商品取引清算機関
the over-the-counter derivatives transactions and other transactions specified by Cabinet Office Order as those which, in light of the transaction volume and other conditions of the transaction, if defaulted on, the default could have a material impact on Japan's capital market (other than a transaction set forth in the preceding item):a financial instruments clearing organization (if the financial instruments clearing organization provides collaborative financial instruments obligation assumption services, this includes the collaborating clearing organization, etc.) or foreign financial instruments clearing organization.
店頭デリバティブ取引その他の取引のうち、取引高その他の取引の状況に照らして、その取引に基づく債務の不履行が我が国の資本市場に重大な影響を及ぼすおそれがあるものとして内閣府令で定める取引(前号に掲げる取引を除く。) 金融商品取引清算機関(当該金融商品取引清算機関が連携金融商品債務引受業務を行う場合には、連携清算機関等を含む。)又は外国金融商品取引清算機関
Read this with the articles around it
the over-the-counter derivatives transactions and other transactions specified by Cabinet Office Order as those which, in light of the transaction volume and other conditions of the transaction…
店頭デリバティブ取引その他の取引のうち、取引高その他の取引の状況に照らして、その取引に基づく債務の不履行が我が国の資本市場に重大な影響を及ぼすおそれがあるものであつて、その特性にかんがみ、我が国において清算する必要があるものとして内閣府令で定める取引 金融商品取引清算機関
Open this provisionover-the-counter derivatives transactions
「店頭デリバティブ取引」
A transaction listed in Article 2, paragraph (22) — such as forward, index, option and swap transactions on financial instruments or financial indicators — carried out outside financial instruments markets and foreign financial instruments markets, other than those a Cabinet Order (政令) excludes as posing no risk to the public interest or the protection of investors.
Defined inArticle 2, paragraph (22)· applies throughout the law
foreign financial instruments clearing organization
「外国金融商品取引清算機関」
A foreign financial instruments clearing organization as defined in Article 2, paragraph (29) of the Financial Instruments and Exchange Act: one that carries on financial instruments obligation assumption business (金融商品債務引受業) under a licence from the Prime Minister under Article 156-20-2 of that Act.
Defined inArticle 2, paragraph (29)
financial instruments clearing organization
「金融商品取引清算機関」
A person carrying on financial instruments obligation assumption service (金融商品債務引受業) under a licence from the Prime Minister under Article 156-2 or an approval under Article 156-19, paragraph (1).
Defined inArticle 2, paragraph (29)· applies throughout the law
financial instruments business operator, etc.machine translation
「金融商品取引業者等」
A financial instruments business operator (金融商品取引業者) or a registered financial institution (登録金融機関).
Defined inArticle 34, paragraph (1)
collaborating clearing organization, etc.machine translation
「連携清算機関等」
Another financial instruments clearing organization (金融商品取引清算機関), a foreign financial instruments clearing organization (外国金融商品取引清算機関), or a corporation established under foreign law that carries on, abroad, business of the same kind as financial instruments obligation assumption service (金融商品債務引受業); with the Prime Minister's authorization, a financial instruments clearing organization may contract with one to carry on collaborating financial instruments obligation assumption services (連携金融商品債務引受業務).
Defined inArticle 156-20-16, paragraph (1)
collaborating financial instruments obligation assumption servicesmachine translation
「連携金融商品債務引受業務」
Carrying on as a business an act specified by Cabinet Office Order (内閣府令) by which a financial instruments clearing organization has a third party take on a clearing member's (清算参加者) obligations under a subject transaction (対象取引) other than those in Article 156-62, item (i), and itself takes on the obligations of that clearing member's counterparty; a clearing organization may do so, with the Prime Minister's authorization, under a contract with a collaborating clearing organization, etc. (連携清算機関等).
Defined inArticle 156-20-16, paragraph (1)