# 金融商品取引法 / Financial Instruments and Exchange Act — 第百五十六条の二十七 (Article 156-27)

- 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: 第百五十六条の二十七 (Article 156-27)（兼業の制限） — address `art-156-27`
- 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-156-27
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-156-27
- 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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### 第百五十六条の二十七（兼業の制限） — (Restriction on Concurrent Business)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-156-27 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-27 · https://japanlaw.org/l/323AC0000000025/art-156-27</sup>

**第一項**  証券金融会社は、第百五十六条の二十四第一項に規定する業務の遂行を妨げない限度において、当該業務のほか、次に掲げる業務を行うことができる。
<sup>art-156-27/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-27/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-27/par-1</sup>
A securities finance company may conduct the following business in addition to the business prescribed in Article 156-24, paragraph (1), to the extent that such concurrent business does not obstruct the execution of the business prescribed in that paragraph:
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **一**  有価証券の貸借（第百五十六条の二十四第一項に規定する業務を除く。）又は有価証券の貸借の媒介若しくは代理
  <sup>art-156-27/par-1/item-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-27/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-156-27/par-1/item-1</sup>
  the lending and borrowing of securities (excluding the business prescribed in Article 156-24, paragraph (1)), or intermediation or agency for the lending and borrowing of securities;
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **二**  金融商品取引業者に対する金銭の貸付け（第百五十六条の二十四第一項に規定する業務を除く。）
  <sup>art-156-27/par-1/item-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-27/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-156-27/par-1/item-2</sup>
  the lending of money to financial instruments business operators (excluding business prescribed in Article 156-24, paragraph (1));
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **三**  金融商品取引業者の顧客に対する金銭の貸付け
  <sup>art-156-27/par-1/item-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-27/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-156-27/par-1/item-3</sup>
  the lending of money to the customers of financial instruments business operators; and
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **四**  その他内閣府令で定める業務
  <sup>art-156-27/par-1/item-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-27/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-156-27/par-1/item-4</sup>
  other business specified by Cabinet Office Order.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第二項**  証券金融会社は、前項各号の業務を行おうとするときは、内閣府令で定めるところにより、その旨を内閣総理大臣に届け出なければならない。
<sup>art-156-27/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-27/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-27/par-2</sup>
If a securities finance company seeks to conduct business prescribed in any of the items of the preceding paragraph, it must notify the Prime Minister of this pursuant to the provisions of Cabinet Office Order.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第三項**  証券金融会社は、第一項及び第百五十六条の二十四第一項の規定により行う業務のほか、内閣総理大臣の承認を受けた業務を行うことができる。
<sup>art-156-27/par-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-27/par-3 · https://japanlaw.org/l/323AC0000000025/art-156-27/par-3</sup>
A securities finance company may conduct business for which it has obtained the approval of the Prime Minister, in addition to business prescribed in paragraph (1) of this Article and Article 156-24, paragraph (1).
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第四項**  内閣総理大臣は、前項の承認を受けようとする証券金融会社がある場合において、当該証券金融会社がその承認を受けようとする業務を兼ねて行うことが第百五十六条の二十四第一項に規定する業務の遂行を妨げるものであると認めるときは、当該証券金融会社に通知して当該職員に審問を行わせた後、前項の承認を与えないことができる。
<sup>art-156-27/par-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-27/par-4 · https://japanlaw.org/l/323AC0000000025/art-156-27/par-4</sup>
If a securities finance company seeks the approval referred to in the preceding paragraph but the Prime Minister finds that the securities finance company's concurrent engagement in the business for which it seeks approval would impede its execution of the business prescribed in Article 156-24, paragraph (1), the Prime Minister may refuse to grant the approval referred to in the preceding paragraph, after notifying the securities finance company and having the relevant official conduct a hearing.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-156-27/par-1: 第百五十六条の二十四第一項 → 金融商品取引法 第百五十六条の二十四第一項 (Article 156-24, paragraph (1)), art-156-24/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-24/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-24/par-1
- art-156-27/par-1/item-1: 第百五十六条の二十四第一項 → 金融商品取引法 第百五十六条の二十四第一項 (Article 156-24, paragraph (1)), art-156-24/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-24/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-24/par-1
- art-156-27/par-1/item-2: 第百五十六条の二十四第一項 → 金融商品取引法 第百五十六条の二十四第一項 (Article 156-24, paragraph (1)), art-156-24/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-24/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-24/par-1
- art-156-27/par-2: 前項 → 金融商品取引法 第百五十六条の二十七第一項 (Article 156-27, paragraph (1)), art-156-27/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-27/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-27/par-1
- art-156-27/par-3: 第一項 → 金融商品取引法 第百五十六条の二十七第一項 (Article 156-27, paragraph (1)), art-156-27/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-27/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-27/par-1
- art-156-27/par-3: 第百五十六条の二十四第一項 → 金融商品取引法 第百五十六条の二十四第一項 (Article 156-24, paragraph (1)), art-156-24/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-24/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-24/par-1
- art-156-27/par-4: 前項 → 金融商品取引法 第百五十六条の二十七第三項 (Article 156-27, paragraph (3)), art-156-27/par-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-27/par-3 · https://japanlaw.org/l/323AC0000000025/art-156-27/par-3
- art-156-27/par-4: 第百五十六条の二十四第一項 → 金融商品取引法 第百五十六条の二十四第一項 (Article 156-24, paragraph (1)), art-156-24/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-24/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-24/par-1

## Cited by

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

- 特定商取引に関する法律 第二十六条第一項第八号イ（適用除外） — https://japanlaw.org/en/specified-commercial-transactions-act/art-26/par-1/item-8/sub-1 · https://japanlaw.org/l/351AC0000000057/art-26/par-1/item-8/sub-1
- 金融商品取引法 第百五十六条の二十七第二項（兼業の制限） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-27/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-27/par-2
- 金融商品取引法 第百五十六条の二十七第三項（兼業の制限） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-27/par-3 · https://japanlaw.org/l/323AC0000000025/art-156-27/par-3
- 金融商品取引法 第百五十六条の二十七第四項（兼業の制限） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-27/par-4 · https://japanlaw.org/l/323AC0000000025/art-156-27/par-4
- 金融商品取引法 第百五十六条の二十八第三項第二号（業務の内容の変更等の認可等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-28/par-3/item-2 · https://japanlaw.org/l/323AC0000000025/art-156-28/par-3/item-2
- 金融商品取引法 第百五十六条の二十八第三項第三号（業務の内容の変更等の認可等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-28/par-3/item-3 · https://japanlaw.org/l/323AC0000000025/art-156-28/par-3/item-3
- 金融商品取引法 第百五十六条の三十一の二第一項（指定紛争解決機関との契約締結義務等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-31-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-31-2/par-1
- 金融商品取引法 第百五十六条の三十七第一項（内閣府令への委任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-37/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-37/par-1
- 金融商品取引法 第百五十六条の三十八第七項（定義） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-38/par-7 · https://japanlaw.org/l/323AC0000000025/art-156-38/par-7
- 金融商品取引法 第二百一条第一項第十二号 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-201/par-1/item-12 · https://japanlaw.org/l/323AC0000000025/art-201/par-1/item-12
- 金融商品取引法 第二百六条第一項第十号 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-206/par-1/item-10 · https://japanlaw.org/l/323AC0000000025/art-206/par-1/item-10

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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
