An incorporated financial instruments exchange may set in place a self-regulatory committee pursuant to the provisions of its articles of incorporation, unless self-regulatory services are entrusted to a self-regulatory organization.
株式会社金融商品取引所は、自主規制業務を自主規制法人に委託している場合を除き、定款の定めるところにより、自主規制委員会を置くことができる。
A self-regulatory committee makes the decisions about matters related to the self-regulatory services of the incorporated financial instruments exchange that has in place that self-regulatory committee (hereinafter referred to as a "specified incorporated financial instruments exchange" in this Division).
自主規制委員会は、当該自主規制委員会を設置する株式会社金融商品取引所（以下この目において「特定株式会社金融商品取引所」という。）の自主規制業務に関する事項の決定を行う。
A self-regulatory committee is deemed to be entrusted by the board of directors with decisions about matters related to self-regulatory services.
自主規制委員会は、自主規制業務に関する事項の決定について、取締役会から委任を受けたものとみなす。
Notwithstanding the provisions of Article 362, paragraph (4), Article 399-13, paragraphs (4) through (6), and Article 416, paragraph (4) of the Companies Act, the self-regulatory committee of a specified incorporated financial instruments exchange may not entrust executive officers or directors with a decision about a matter related to self-regulatory services.
特定株式会社金融商品取引所の自主規制委員会は、会社法第三百六十二条第四項、第三百九十九条の十三第四項から第六項まで及び第四百十六条第四項の規定にかかわらず、自主規制業務に関する事項の決定について、執行役又は取締役に委任することができない。
Notwithstanding the provisions of Article 362, paragraph (4), Article 399-13, paragraphs (4) through (6), and Article 416, paragraph (4) of the Companies Act, the board of directors of a specified incorporated financial instruments exchange may not entrust the authority to select the members of a self-regulatory committee provided for in paragraph (2) of the following Article or to remove the members of a self-regulatory committee provided for in Article 105-7, paragraph (1), to an executive officer or director.
特定株式会社金融商品取引所の取締役会は、会社法第三百六十二条第四項、第三百九十九条の十三第四項から第六項まで及び第四百十六条第四項の規定にかかわらず、次条第二項に規定する自主規制委員の選定及び第百五条の七第一項に規定する自主規制委員の解職について、執行役又は取締役に委任することができない。
Read this with the articles around it
(Organization)
Members of the self-regulatory committee are selected from among the directors of a specified incorporated financial instruments exchange by a resolution at the board of directors meeting.
自主規制委員は、特定株式会社金融商品取引所の取締役の中から、取締役会の決議によつて選定する。
Open this provision(Removal)
The member of a self-regulatory committee may be removed by a resolution at the board of directors meeting of the specified incorporated financial instruments exchange.
自主規制委員は、特定株式会社金融商品取引所の取締役会の決議によつて解職することができる。
Open this provision(Authority of Board of Directors)
Board of directors may not delegate the decision on the execution of important operations such as the following matters to directors:
取締役会は、次に掲げる事項その他の重要な業務執行の決定を取締役に委任することができない。
Open this provision(Authority of the Board of Directors of a Company with Audit and Supervisory Committee)
The board of directors of a company with audit and supervisory committee may not delegate the decision on the execution of the following matters and other important operations to directors:
監査等委員会設置会社の取締役会は、次に掲げる事項その他の重要な業務執行の決定を取締役に委任することができない。
Open this provision(Authority of the Board of Directors of a Company with Audit and Supervisory Committee)
Notwithstanding the provisions of the preceding paragraph, if a majority of directors of a company with audit and supervisory committee are outside directors…
前項の規定にかかわらず、監査等委員会設置会社の取締役の過半数が社外取締役である場合には、当該監査等委員会設置会社の取締役会は、その決議によって、重要な業務執行の決定を取締役に委任することができる。ただし、次に掲げる事項については、この限りでない。
Open this provision(Authority of the Board of Directors of a Company with Audit and Supervisory Committee)
Notwithstanding the provisions of the preceding two paragraphs, a company with audit and supervisory committee may stipulate in the articles of incorporation that all or part of decisions of…
前二項の規定にかかわらず、監査等委員会設置会社は、取締役会の決議によって重要な業務執行（前項各号に掲げる事項を除く。）の決定の全部又は一部を取締役に委任することができる旨を定款で定めることができる。
Open this provision(Authority of Board of Directors of Companies with a Nominating Committee)
The board of directors of a company with nominating committee, etc. may delegate decisions on the execution of the operations of the company with nominating committee…
指名委員会等設置会社の取締役会は、その決議によって、指名委員会等設置会社の業務執行の決定を執行役に委任することができる。ただし、次に掲げる事項については、この限りでない。
Open this provisionincorporated financial instruments exchange
「株式会社金融商品取引所」
A stock company that operates a financial instruments exchange market.
Short name set inArticle 2, paragraph (18)
self-regulatory services
「自主規制業務」
The business carried on for a financial instruments exchange of listing and delisting financial instruments, financial indices and options (other than business a Cabinet Office Order (内閣府令) excludes), examining whether members, etc. (会員等) comply with laws and regulations, dispositions under them, the articles of incorporation and other rules, and the principle of good faith in trading, and other business a Cabinet Office Order specifies as needed to keep trading on its market fair.
Defined inArticle 85, paragraph (1)· applies only in this chapter
self-regulatory organizationmachine translation
「自主規制法人」
In Chapter V, a corporation incorporated under Subsection 1-2 of Section 2 of that Chapter to carry on self-regulatory business (自主規制業務), to which a financial instruments exchange may, with the Prime Minister's authorization, entrust that business.
Defined inArticle 85, paragraph (1)· applies only in this chapter
specified incorporated financial instruments exchange
「特定株式会社金融商品取引所」
An incorporated financial instruments exchange (株式会社金融商品取引所) that has set up a self-regulation committee (自主規制委員会), which decides matters of the exchange's self-regulatory business (自主規制業務).
Short name set inArticle 105-4, paragraph (2)· applies only in this division
articles of incorporation
定款
A company's own basic rules, written by its founders when it is formed: at least its purpose, its trade name, where its head office is, the value of the property contributed at incorporation and who the founders are (Companies Act, Article 27). A stock company's must be certified by a notary before it takes effect (Article 30, paragraph (1)), and can later be changed by a resolution of the shareholders meeting (Article 466). Many rules in the Act apply "unless the articles of incorporation provide otherwise", so a company's articles decide a great deal of how the Act applies to it.
Written by AI using Companies Act, Arts. 26, 27, 30, 466, 575 as a reference.
board of directors
取締役会
The body made up of all of a stock company's directors (Companies Act, Article 362, paragraph (1)). It decides how the company's business is carried out, supervises the directors, and appoints and removes the representative directors (代表取締役) (Article 362, paragraphs (2) and (3)) — except in a company with a nominating committee and the other committees (指名委員会等設置会社), where it appoints representative executive officers (代表執行役) instead (Articles 416 and 420). Some decisions, such as disposing of important assets or borrowing a large amount, it normally may not hand to the directors (Article 362, paragraph (4)). A company with an audit and supervisory committee (監査等委員会設置会社) can hand more of them to directors (Article 399-13, paragraphs (5) and (6)), and a company with the committees hands them to executive officers (執行役) rather than directors (Article 416, paragraphs (3) and (4)). A company chooses in its articles of incorporation whether to have one (Article 326, paragraph (2)), but a public company (公開会社), among others, must (Article 327, paragraph (1)): a public company is one whose articles of incorporation let at least some of its shares change hands without the company's approval (Article 2, item (v)). A company with a board must have at least three directors (Article 331, paragraph (5)).
Written by AI using Companies Act, Arts. 2, 326, 327, 331, 362, 399-13, 416, 420 as a reference.
director
取締役
An officer of a stock company, elected by the shareholders meeting (Companies Act, Article 329, paragraph (1)). Every stock company has at least one (Article 326, paragraph (1)). Where there is no board of directors, the directors run the company's business unless the articles of incorporation say otherwise (Article 348, paragraph (1)), and each of them represents it unless the company has chosen representative directors (代表取締役) or others to do that (Article 349, paragraphs (1) and (3)). Where there is a board (取締役会, board of directors), the directors are its members, and the board decides the business and normally chooses the representative directors from among them (Article 362). The term normally runs to the annual shareholders meeting for the last business year ending within two years of election (Article 332, paragraph (1)).
Written by AI using Companies Act, Arts. 326, 329, 332, 348, 349, 362 as a reference.