# 金融商品取引法 / Financial Instruments and Exchange Act — 第百五十六条の二十の十六 (Article 156-20-16)

- 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: 第百五十六条の二十の十六 (Article 156-20-16)（他の金融商品取引清算機関等と連携する場合の認可） — address `art-156-20-16`
- 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-156-20-16
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-156-20-16
- 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.

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### 第百五十六条の二十の十六（他の金融商品取引清算機関等と連携する場合の認可） — (Authorization When Interoperating with Other Financial Instruments Clearing Organizations)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-156-20-16 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-20-16 · https://japanlaw.org/l/323AC0000000025/art-156-20-16</sup>

  **第一項**  金融商品取引清算機関は、内閣総理大臣の認可を受けて、連携清算機関等（他の金融商品取引清算機関、外国金融商品取引清算機関又は外国の法令に準拠して設立された法人で外国において金融商品債務引受業と同種類の業務を行う者をいう。以下同じ。）と連携金融商品債務引受業務（第百五十六条の六十二第一号に掲げる取引以外の対象取引に係る清算参加者の債務を第三者に負担させ、当該対象取引に係る清算参加者の相手方の債務は自らが負担する行為として内閣府令で定める行為を業として行うことをいう。以下同じ。）に関する契約を締結して連携金融商品債務引受業務を行うことができる。
  <sup>art-156-20-16/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-20-16/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-20-16/par-1</sup>
  With the authorization of the Prime Minister, a financial instruments clearing organization may conclude a contract for collaborating financial instruments obligation assumption services (meaning the performance, on a regular basis, of an act specified by Cabinet Office Order as the act of having a third party bear the obligations of a clearing member related to a subject transaction that is other than a transaction set forth in Article 156-62, item (i), and to personally bear the obligations of the other party to the subject transaction with that clearing member; the same applies hereinafter) with a collaborating clearing organization, etc. (meaning another financial instruments clearing organization, foreign financial instruments clearing organization, or corporation incorporated based on foreign laws and regulations that performs services of the same type as financial instruments obligation assumption services in a foreign country; the same applies hereinafter) and may perform collaborative financial instruments obligation assumption services.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第二項**  前項の認可は、金融商品取引清算機関が連携金融商品債務引受業務に関する契約を締結する連携清算機関等ごとに受けなければならない。
  <sup>art-156-20-16/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-20-16/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-20-16/par-2</sup>
  A financial instruments clearing organization must receive the authorization referred to in the preceding paragraph for each collaborating clearing organization, etc. with which it concludes a contract for collaborative financial instruments obligation assumption services.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第三項**  前二節の規定にかかわらず、第一項の認可を受けた金融商品取引清算機関（以下この節において「認可金融商品取引清算機関」という。）と連携金融商品債務引受業務に関する契約を締結した連携清算機関等（金融商品取引清算機関又は外国金融商品取引清算機関以外の者に限る。）は、当該連携金融商品債務引受業務に係る金融商品債務引受業を行うことができる。
  <sup>art-156-20-16/par-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-20-16/par-3 · https://japanlaw.org/l/323AC0000000025/art-156-20-16/par-3</sup>
  Notwithstanding the provisions of the preceding two Sections, the collaborating clearing organization, etc. (limited to those other than financial instruments clearing organization or foreign financial instruments clearing organization) that concluded a contract for collaborative financial instruments obligation assumption services with a financial instruments clearing organization that has obtained the authorization under paragraph (1) (hereinafter referred to as "authorized financial instruments clearing organization" in this Section) may conduct a financial instruments obligation assumption service relating to the collaborative financial instruments obligation assumption services.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第四項**  第三十条の二の規定は、第一項の認可について準用する。
  <sup>art-156-20-16/par-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-20-16/par-4 · https://japanlaw.org/l/323AC0000000025/art-156-20-16/par-4</sup>
  The provisions of Article 30-2 apply mutatis mutandis to the authorization referred to in paragraph (1).
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-156-20-16/par-1: 第百五十六条の六十二第一号 → 金融商品取引法 第百五十六条の六十二第一項第一号 (Article 156-62, paragraph (1), item (i)), art-156-62/par-1/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-62/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-156-62/par-1/item-1
- art-156-20-16/par-2: 前項 → 金融商品取引法 第百五十六条の二十の十六第一項 (Article 156-20-16, paragraph (1)), art-156-20-16/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-20-16/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-20-16/par-1
- art-156-20-16/par-3: 第一項 → 金融商品取引法 第百五十六条の二十の十六第一項 (Article 156-20-16, paragraph (1)), art-156-20-16/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-20-16/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-20-16/par-1
- art-156-20-16/par-4: 第三十条の二 → 金融商品取引法 第三十条の二 (Article 30-2), art-30-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-30-2 · https://japanlaw.org/l/323AC0000000025/art-30-2
- art-156-20-16/par-4: 第一項 → 金融商品取引法 第百五十六条の二十の十六第一項 (Article 156-20-16, paragraph (1)), art-156-20-16/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-20-16/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-20-16/par-1

## Cited by

16 provisions cite this one. No official source publishes this direction.

- 住民基本台帳法 別表第一 — https://japanlaw.org/en/residential-basic-book-act/appdx-1 · https://japanlaw.org/l/342AC0000000081/appdx-1
- 金融商品取引法 第二条第二十七項（定義） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-27 · https://japanlaw.org/l/323AC0000000025/art-2/par-27
- 金融商品取引法 第百五十六条の七第二項第七号（業務方法書） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-7/par-2/item-7 · https://japanlaw.org/l/323AC0000000025/art-156-7/par-2/item-7
- 金融商品取引法 第百五十六条の二十の十六第二項（他の金融商品取引清算機関等と連携する場合の認可） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-20-16/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-20-16/par-2
- 金融商品取引法 第百五十六条の二十の十六第三項（他の金融商品取引清算機関等と連携する場合の認可） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-20-16/par-3 · https://japanlaw.org/l/323AC0000000025/art-156-20-16/par-3
- 金融商品取引法 第百五十六条の二十の十六第四項（他の金融商品取引清算機関等と連携する場合の認可） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-20-16/par-4 · https://japanlaw.org/l/323AC0000000025/art-156-20-16/par-4
- 金融商品取引法 第百五十六条の二十の十七第一項（認可の申請） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-20-17/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-20-17/par-1
- 金融商品取引法 第百五十六条の二十の二十第一項（認可の取消し） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-20-20/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-20-20/par-1
- 金融商品取引法 第百五十六条の二十の二十一第三項（変更の認可等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-20-21/par-3 · https://japanlaw.org/l/323AC0000000025/art-156-20-21/par-3
- 金融商品取引法 第百五十六条の二十の二十二第一項（認可金融商品取引清算機関に対する監督上の処分） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-20-22/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-20-22/par-1
- 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 第百九十四条の三第一項第十四号の四（財務大臣への協議） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-3/par-1/item-14-4 · https://japanlaw.org/l/323AC0000000025/art-194-3/par-1/item-14-4
- 金融商品取引法 第百九十四条の四第一項第三十八号の六（財務大臣への通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-4/par-1/item-38-6 · https://japanlaw.org/l/323AC0000000025/art-194-4/par-1/item-38-6
- 金融商品取引法 第百九十四条の四第一項第三十八号の七（財務大臣への通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-4/par-1/item-38-7 · https://japanlaw.org/l/323AC0000000025/art-194-4/par-1/item-38-7
- 金融商品取引法 第百九十八条第一項第六号の二 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-198/par-1/item-6-2 · https://japanlaw.org/l/323AC0000000025/art-198/par-1/item-6-2
- 金融商品取引法 第二百一条第一項第二号 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-201/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-201/par-1/item-2

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## 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
