# 金融商品取引法 / Financial Instruments and Exchange Act — 第二百三条 (Article 203)

- 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: 第二百三条 (Article 203) — address `art-203`
- 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-203
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-203
- 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.

---

### 第二百三条
<sup>art-203 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-203 · https://japanlaw.org/l/323AC0000000025/art-203</sup>

**第一項**  金融商品取引業者の役員（当該金融商品取引業者が外国法人である場合には、国内における代表者及び国内に設ける営業所又は事務所に駐在する役員。以下この項において同じ。）若しくは職員、認可金融商品取引業協会若しくは第七十八条第二項に規定する認定金融商品取引業協会若しくは金融商品取引所の役員（仮理事及び仮監事並びに仮取締役、仮執行役及び仮監査役を含む。）若しくは職員又は外国金融商品取引所の国内における代表者（国内に事務所がある場合にあつては、当該事務所に駐在する役員を含む。）若しくは職員が、その職務（金融商品取引業者の役員又は職員にあつては、第七十九条の五十第一項の規定により投資者保護基金の委託を受けた金融商品取引業者の業務に係る職務に限る。）に関して、賄賂を収受し、又はその要求若しくは約束をしたときは、五年以下の拘禁刑に処する。
<sup>art-203/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-203/par-1 · https://japanlaw.org/l/323AC0000000025/art-203/par-1</sup>
If the officer or official of a financial instruments business operator (or the domestic representative or officer stationed at a business office or office established in Japan, if the financial instruments business operator is a foreign corporation; hereinafter the same applies in this paragraph); the officer or official of an authorized financial instruments firms association, certified financial instruments business association prescribed in Article 78, paragraph (2), or financial instruments exchange (including a provisional board member, provisional inspector, provisional director, provisional executive officer, or provisional company auditor); or the domestic representative or official of a foreign financial instruments exchange (if the foreign financial instruments exchange has a domestic office, this includes any officer stationed there) accepts a bribe in connection with that person's duties (in the case of the officer or official of a financial instruments business operator, limited to duties involved in the business of a financial instruments business operator is entrusted by an investor protection fund pursuant to the provisions of Article 79-50, paragraph (1)), or requests or promises to do so, that person is subject to imprisonment for not more than five years.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第二項**  前項の場合において、収受した賄賂は、これを没収する。その全部又は一部を没収することができないときは、その価額を追徴する。
<sup>art-203/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-203/par-2 · https://japanlaw.org/l/323AC0000000025/art-203/par-2</sup>
In the case referred to in the preceding paragraph, any bribe that is accepted is subject to confiscation. If all or part of a bribe cannot be confiscated, an equivalent value is to be collected.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第三項**  第一項の賄賂を供与し、又はその申込み若しくは約束をした者は、三年以下の拘禁刑又は三百万円以下の罰金に処する。
<sup>art-203/par-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-203/par-3 · https://japanlaw.org/l/323AC0000000025/art-203/par-3</sup>
A person that provides the bribe referred to in paragraph (1) or that offers or promises to do so is subject to imprisonment for not more than three years or by a fine of not more than three million yen.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

---

## Cites
- art-203/par-1: この項 → 金融商品取引法 第二百三条第一項 (Article 203, paragraph (1)), art-203/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-203/par-1 · https://japanlaw.org/l/323AC0000000025/art-203/par-1
- art-203/par-1: 第七十八条第二項 → 金融商品取引法 第七十八条第二項 (Article 78, paragraph (2)), art-78/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-78/par-2 · https://japanlaw.org/l/323AC0000000025/art-78/par-2
- art-203/par-1: 第七十九条の五十第一項 → 金融商品取引法 第七十九条の五十第一項 (Article 79-50, paragraph (1)), art-79-50/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-50/par-1 · https://japanlaw.org/l/323AC0000000025/art-79-50/par-1
- art-203/par-2: 前項 → 金融商品取引法 第二百三条第一項 (Article 203, paragraph (1)), art-203/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-203/par-1 · https://japanlaw.org/l/323AC0000000025/art-203/par-1
- art-203/par-3: 第一項 → 金融商品取引法 第二百三条第一項 (Article 203, paragraph (1)), art-203/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-203/par-1 · https://japanlaw.org/l/323AC0000000025/art-203/par-1

## Cited by

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

- 会社法 第三百三十一条第一項第三号（取締役の資格等） — https://japanlaw.org/en/companies-act/art-331/par-1/item-3 · https://japanlaw.org/l/417AC0000000086/art-331/par-1/item-3
- 金融商品取引法 第二百三条第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-203/par-1 · https://japanlaw.org/l/323AC0000000025/art-203/par-1
- 金融商品取引法 第二百三条第二項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-203/par-2 · https://japanlaw.org/l/323AC0000000025/art-203/par-2
- 金融商品取引法 第二百三条第三項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-203/par-3 · https://japanlaw.org/l/323AC0000000025/art-203/par-3
- 金融商品取引法 第二百三条の二第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-203-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-203-2/par-1
- 金融商品取引法 第二百三条の二第二項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-203-2/par-2 · https://japanlaw.org/l/323AC0000000025/art-203-2/par-2
- 金融商品取引法 第二百七条の二第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-207-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-207-2/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
