# 金融商品取引法 / Financial Instruments and Exchange Act — 第百五十六条の十四 (Article 156-14) - Law: 金融商品取引法 (Financial Instruments and Exchange Act), 昭和二十三年法律第二十五号 - English title "Financial Instruments and Exchange Act": Ministry of Justice translation - Kind: Act — the distinction between 法律 (Act), 政令 (Cabinet Order), 省令 (Ministerial Order) and 条例 (local ordinance) decides who may issue it and what it may say. - Provision: 第百五十六条の十四 (Article 156-14)（役員の欠格事由等） — address `art-156-14` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-14 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-156-14 - Every provision below carries its address and both URLs on the line under it. - Japanese text: e-Gov 法令検索, Digital Agency (デジタル庁). English: as marked on each line below. Only the Japanese as published by the government has legal effect; the text below is a copy of it. Every English rendering below is a translation and says which kind: the Ministry of Justice's translation, or this site's machine translation, whose model and date the Sources list names. They are never merged and never substituted for one another. --- ### 第百五十六条の十四（役員の欠格事由等） — (Grounds for Disqualification of Officers) caption: Ministry of Justice translation — Japanese Law Translation Database System art-156-14 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-14 · https://japanlaw.org/l/323AC0000000025/art-156-14 **第一項** 次の各号のいずれかに該当する者は、金融商品取引清算機関の取締役、会計参与、監査役又は執行役となることができない。 art-156-14/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-14/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-14/par-1 A person falling under any of the following items may not become the director, accounting advisor, company auditor, or executive officer of a financial instruments clearing organization. Ministry of Justice translation — Japanese Law Translation Database System **一** 心身の故障のため職務を適正に執行することができない者として内閣府令で定める者 art-156-14/par-1/item-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-14/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-156-14/par-1/item-1 a person specified by Cabinet Office Order as being unable to properly perform their duties due to a mental or physical disorder; or Ministry of Justice translation — Japanese Law Translation Database System **二** 第八十二条第二項第三号イからヘまでのいずれかに該当する者 art-156-14/par-1/item-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-14/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-156-14/par-1/item-2 a person falling under any of Article 82, paragraph (2), item (iii), (a) through (f). Ministry of Justice translation — Japanese Law Translation Database System **第二項** 金融商品取引清算機関の取締役、会計参与、監査役又は執行役が前項に規定する者に該当することとなつたときは、その職を失う。 art-156-14/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-14/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-14/par-2 The director, accounting advisor, company auditor, or executive officer of a financial instruments clearing organization loses that position upon coming to fall under the person provided for in the preceding paragraph. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 内閣総理大臣は、不正の手段により金融商品取引清算機関の取締役、会計参与、監査役若しくは執行役となつた者のあることが判明したとき、又は金融商品取引清算機関の取締役、会計参与、監査役若しくは執行役が法令若しくは法令に基づく行政官庁の処分に違反したときは、当該金融商品取引清算機関に対し、当該取締役、会計参与、監査役又は執行役の解任を命ずることができる。 art-156-14/par-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-14/par-3 · https://japanlaw.org/l/323AC0000000025/art-156-14/par-3 If the director, accounting advisor, company auditor, or executive officer of a financial instruments clearing organization is discovered to have become a director, accounting advisor, company auditor, or executive officer by wrongful means or if the director, accounting advisor, company auditor, or executive officer of a 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 order the financial instruments clearing organization to dismiss that director, accounting advisor, company auditor, or executive officer. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 会社法第三百三十一条第二項ただし書（同法第三百三十五条第一項において準用する場合を含む。）、第三百三十二条第二項（同法第三百三十四条第一項において準用する場合を含む。）、第三百三十六条第二項及び第四百二条第五項ただし書の規定は、金融商品取引清算機関については、適用しない。 art-156-14/par-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-14/par-4 · https://japanlaw.org/l/323AC0000000025/art-156-14/par-4 The provisions of the proviso to Article 331, paragraph (2) of the Companies Act (including as applied mutatis mutandis pursuant to Article 335, paragraph (1) of that Act) and of Article 332, paragraph (2) (including as applied mutatis mutandis pursuant to Article 334, paragraph (1) of that Act); Article 336, paragraph (2); and the proviso to Article 402, paragraph (5) of that Act do not apply to financial instruments clearing organizations. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-156-14/par-1/item-2: 第八十二条第二項第三号 → 金融商品取引法 第八十二条第二項第三号 (Article 82, paragraph (2), item (iii)), art-82/par-2/item-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-82/par-2/item-3 · https://japanlaw.org/l/323AC0000000025/art-82/par-2/item-3 - art-156-14/par-2: 前項 → 金融商品取引法 第百五十六条の十四第一項 (Article 156-14, paragraph (1)), art-156-14/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-14/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-14/par-1 - art-156-14/par-4: 会社法第三百三十一条第二項 → 会社法 第三百三十一条第二項 (Article 331, paragraph (2)), art-331/par-2 — https://japanlaw.org/en/companies-act/art-331/par-2 · https://japanlaw.org/l/417AC0000000086/art-331/par-2 - art-156-14/par-4: 同法第三百三十五条第一項 → 会社法 第三百三十五条第一項 (Article 335, paragraph (1)), art-335/par-1 — https://japanlaw.org/en/companies-act/art-335/par-1 · https://japanlaw.org/l/417AC0000000086/art-335/par-1 - art-156-14/par-4: 第三百三十二条第二項 → 会社法 第三百三十二条第二項 (Article 332, paragraph (2)), art-332/par-2 — https://japanlaw.org/en/companies-act/art-332/par-2 · https://japanlaw.org/l/417AC0000000086/art-332/par-2 - art-156-14/par-4: 同法第三百三十四条第一項 → 会社法 第三百三十四条第一項 (Article 334, paragraph (1)), art-334/par-1 — https://japanlaw.org/en/companies-act/art-334/par-1 · https://japanlaw.org/l/417AC0000000086/art-334/par-1 - art-156-14/par-4: 第三百三十六条第二項 → 会社法 第三百三十六条第二項 (Article 336, paragraph (2)), art-336/par-2 — https://japanlaw.org/en/companies-act/art-336/par-2 · https://japanlaw.org/l/417AC0000000086/art-336/par-2 - art-156-14/par-4: 第四百二条第五項 → 会社法 第四百二条第五項 (Article 402, paragraph (5)), art-402/par-5 — https://japanlaw.org/en/companies-act/art-402/par-5 · https://japanlaw.org/l/417AC0000000086/art-402/par-5 ## Cited by 7 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第八十二条第二項第三号ホ（免許審査基準） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-82/par-2/item-3/sub-5 · https://japanlaw.org/l/323AC0000000025/art-82/par-2/item-3/sub-5 - 金融商品取引法 第百五十六条の五の二第一項（資本金の額） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-5-2/par-1 - 金融商品取引法 第百五十六条の十四第二項（役員の欠格事由等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-14/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-14/par-2 - 金融商品取引法 第百五十六条の二十二第一項（内閣府令への委任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-22/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-22/par-1 - 金融商品取引法 附則第百三十六条第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-136/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-136/par-1 - 金融商品取引法 附則第百三十八条第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-138/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-138/par-1 - 金融商品取引法 附則第百三十九条第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-139/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-139/par-1 --- ## Sources - e-Gov 法令検索, Digital Agency (デジタル庁) — 金融商品取引法 — the text in force from 2026-08-12 (https://laws.e-gov.go.jp/law/323AC0000000025/20260812_508AC0000000064), retrieved 2026-10-22 - Japanese Law Translation Database System, Ministry of Justice (法務省) — Financial Instruments and Exchange Act — Ministry of Justice translation (https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb), retrieved 2026-10-22 - This site's parser, version 212 — 金融商品取引法 — structure, counts, cross-references and defined terms, computed 2026-10-22