If a foreign securities services provider that has obtained the permission referred to in Article 59, paragraph (1) falls under any of the following items, the Prime Minister may rescind the permission:
the foreign securities services provider comes to fall under paragraph (1), item (i) or (ii) of the preceding Article;
the foreign securities services provider violates a law or regulation (including a foreign law or regulation) or a disposition by a government agency which is based on a law or regulation, or violates a condition attached to its permission or to the registration, etc. it has obtained in the state where its head office is located (meaning a registration of the same kind as the registration referred to in Article 29 (including permission or any other administrative disposition similar to such a registration); hereinafter the same applies in Article 60-3, paragraph (1), item (i), (b)), and rescinding its permission is found to be necessary and appropriate in the public interest or for the protection of investors; or
法令(外国の法令を含む。)、当該法令に基づく行政官庁の処分又は当該許可若しくはその本店の所在する国において受けている登録等(第二十九条の登録と同種類の登録(当該登録に類する許可その他の行政処分を含む。)をいう。第六十条の三第一項第一号ロにおいて同じ。)に付された条件に違反した場合において、公益又は投資者保護のため必要かつ適当であると認められるとき。
the officer or the domestic representative of the foreign securities services provider (or, if the foreign securities services provider is an individual, that individual) comes to fall under any of the categories of persons set forth in Article 29-4, paragraph (1), item (ii), (a) through (i), or has acted as set forth in the preceding item, and it is found to be likely that the activities subject to the permission will not be performed fairly.
当該外国証券業者の役員又は国内における代表者(当該外国証券業者が個人である場合にあつては、当該個人)が、第二十九条の四第一項第二号イからリまでに掲げる者のいずれかに該当することとなつた場合又は前号の行為をした場合において、当該許可に係る行為が公正に行われないこととなるおそれがあると認められるとき。
Before seeking to rescind the permission referred to in Article 59, paragraph (1) pursuant to the provisions of the preceding paragraph, the Prime Minister must notify the foreign securities services provider of this in writing.
If the Prime Minister rescinds the permission referred to in Article 59, paragraph (1) pursuant to the provisions of paragraph (1), the Prime Minister must make a public notice of this, pursuant to the provisions of Cabinet Office Order.
Read this with the articles around it
(Registration)
A person may not engage in financial instruments business if that person has not been registered by the Prime Minister.
金融商品取引業は、内閣総理大臣の登録を受けた者でなければ、行うことができない。
Open this provision(Refusal of Registration)
if the person is a corporation, a person that has an officer, or an employee specified by Cabinet Order, who falls under any of the following:
法人である場合においては、役員又は政令で定める使用人のうちに次のいずれかに該当する者のある者
Open this provision(Requirement to Refuse Permission for Some Underwriting Activities)
the applicant is a person that has had the registration referred to in Article 29 rescinded pursuant to the provisions of Article 53, paragraph (3), has had the permission referred to in Article 59…
第五十三条第三項の規定により第二十九条の登録を取り消され、次条第一項の規定により第五十九条第一項の許可を取り消され、第六十六条の二十第一項の規定により第六十六条の登録を取り消され、第六十六条の四十二第一項の規定により第六十六条の二十七の登録を取り消され…
Open this provision(Requirement to Refuse Permission for Some Underwriting Activities)
the applicant has been sentenced to a fine (including an equivalent sentence under foreign laws and regulations) for violating the provisions of this Act…
この法律、投資信託及び投資法人に関する法律、商品先物取引法、商品投資に係る事業の規制に関する法律、貸金業法、出資の受入れ、預り金及び金利等の取締りに関する法律若しくは金融サービスの提供及び利用環境の整備等に関する法律又はこれらに相当する外国の法令の規定に違反し…
Open this provision(Rescission of Permission for Some Underwriting Activities)
If a foreign securities services provider that has obtained the permission referred to in Article 59, paragraph (1) falls under any of the following items…
内閣総理大臣は、第五十九条第一項の許可を受けた外国証券業者が次の各号のいずれかに該当する場合には、当該許可を取り消すことができる。
Open this provision(Rescission of Permission for Some Underwriting Activities)
the foreign securities services provider violates a law or regulation (including a foreign law or regulation) or a disposition by a government agency which is based on a law or regulation…
法令(外国の法令を含む。)、当該法令に基づく行政官庁の処分又は当該許可若しくはその本店の所在する国において受けている登録等(第二十九条の登録と同種類の登録(当該登録に類する許可その他の行政処分を含む。)をいう。第六十条の三第一項第一号ロにおいて同じ。)に付された条件に違反した場合において…
Open this provision(Permission for Some Underwriting Activities)
Notwithstanding the provisions of Article 29 and the preceding Article, with the permission of the Prime Minister, a foreign securities services provider may participate in a wholesale underwriting…
外国証券業者は、第二十九条及び前条の規定にかかわらず、内閣総理大臣の許可を受けて、その行う有価証券の引受けの業務のうち、元引受契約(第二十一条第四項に規定する元引受契約をいう。次条第一項第六号ヘにおいて同じ。)への参加その他の行為で政令で定めるものを国内において行うこと(以下この節において「引受業務」という。)ができ…
Open this provision(Requirement to Refuse Permission for On-Exchange Transaction Services)
the applicant for permission falls under any of the following:
許可申請者が次のいずれかに該当するとき。
Open this provisionofficer
「役員」
A director, accounting advisor, company auditor or executive officer, or a person equivalent to one, in this Act other than Articles 163 to 167.
Defined inArticle 21, paragraph (1), item (i)· applies from here on, except in Articles 163 to 167
foreign securities services provider
「外国証券業者」
A foreign securities firm as defined in Article 58 of the Financial Instruments and Exchange Act: a person, other than a financial instruments business operator, a bank, a cooperative financial institution or another financial institution a Cabinet Order (政令) specifies, that carries on securities-related business abroad under foreign laws.
Defined inArticle 58, paragraph (1)· applies only in this section
domestic representative
「代表者」
In Section 5 of Chapter 3, a foreign securities firm's (外国証券業者) representative in Japan as defined in Article 817, paragraph (1) of the Companies Act.
Defined inArticle 59-4, paragraph (1), item (iii)· applies only in this section
registration, etc.machine translation
「登録等」
In Article 59-5, paragraph (1), item (ii) and Article 60-3, paragraph (1), item (i), (b), a registration of the same kind as the registration under Article 29, including a permission or other administrative disposition like it, here one a foreign securities services provider has in the country of its head office.
Defined inArticle 59-5, paragraph (1), item (ii)· applies only in this provision and in Article 60-3, paragraph (1), item (i), (b)
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.