If self-regulatory services entrusted under Article 85, paragraph (1) authorization fall under any of the following items, the Prime Minister may rescind the entrusting financial instruments exchange's Article 85, paragraph (1) authorization, order it to change the method of entrustment, prohibit part or all of that entrustment, or order it to take measures that are necessary from a supervisory perspective:
the entrustment agreement is found to be insufficient for ensuring appropriate implementation of self-regulatory services by the entrusted self-regulatory organization; or
the self-regulatory services by the entrusted self-regulatory organization are otherwise found to be inappropriate in terms of the status of performance of the self-regulatory services.
(Entrustment of Self-Regulatory Services)
With the authorization of the Prime Minister, a financial instruments exchange may entrust all or part of the self-regulatory services of the financial instruments exchange to a self-regulatory…
金融商品取引所は、内閣総理大臣の認可を受けて、自主規制法人（自主規制業務（前条第二項に規定する自主規制業務をいう。以下この章において同じ。）を行うことを目的として、次節第一款の二の規定に基づいて設立された法人をいう。以下この章において同じ。）に対し…
Open this provisionself-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
entrusted self-regulatory organization
「受託自主規制法人」
In Chapter 5, the self-regulatory organization (自主規制法人) to which a financial instruments exchange applying for authorization under Article 85, paragraph (1) intends to entrust its self-regulatory services (自主規制業務), as named in its application.
Short name set inArticle 85-2, paragraph (1), item (ii)· applies only in this chapter
entrusting financial instruments exchange
「委託金融商品取引所」
A financial instruments exchange (金融商品取引所) that has entrusted its self-regulatory work (自主規制業務) to a self-regulatory organization (自主規制法人).
Defined inArticle 102-19, paragraph (1)· applies only in this chapter
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.