# 金融商品取引法 / Financial Instruments and Exchange Act — 第五十七条の二十 (Article 57-20)

- 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: 第五十七条の二十 (Article 57-20)（指定親会社等に対する措置命令等） — address `art-57-20`
- 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-57-20
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-57-20
- 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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### 第五十七条の二十（指定親会社等に対する措置命令等） — (Order for Measures to Be Taken by a Designated Parent Company)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-57-20 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-20 · https://japanlaw.org/l/323AC0000000025/art-57-20</sup>

    **第一項**  内閣総理大臣は、指定親会社が次の各号のいずれかに該当する場合においては、当該指定親会社に対し三月以内の期間を定めて対象特別金融商品取引業者の親会社でなくなるための措置その他必要な措置をとるべきことを命ずることができる。
    <sup>art-57-20/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-20/par-1 · https://japanlaw.org/l/323AC0000000025/art-57-20/par-1</sup>
    If a designated parent company falls under any of the following items, the Prime Minister may order the designated parent company to take measures so that it will cease to be the parent company of a subject special financial instruments business operator or to take other necessary measures within a fixed period of no longer than three months:
    <sup>machine translation, not official</sup>

      **一**  役員のうちに第二十九条の四第一項第二号イからリまでのいずれかに該当する者があるとき。
      <sup>art-57-20/par-1/item-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-20/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-57-20/par-1/item-1</sup>
      it has a person falling under any of the provisions of Article 29-4, paragraph (1), item (ii), (a) through (i) as an officer;
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **二**  その行う事業が公益に反すると認められるとき。
      <sup>art-57-20/par-1/item-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-20/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-57-20/par-1/item-2</sup>
      its business is found to be contrary to the public interest;
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **三**  指定親会社の人的構成に照らして、対象特別金融商品取引業者の業務の健全かつ適切な運営を損なうおそれがあるとき。
      <sup>art-57-20/par-1/item-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-20/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-57-20/par-1/item-3</sup>
      in light of the personnel structure of the designated parent company, the sound and appropriate operation of the business of the subject special financial instruments business operator is likely to be impaired; or
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **四**  内国会社である場合においては、株式会社（次に掲げる機関を置くものに限る。）でないとき。
      <sup>art-57-20/par-1/item-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-20/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-57-20/par-1/item-4</sup>
      it is a domestic company, but is not a stock company (meaning a stock company that has in place the following organs):
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **イ**  取締役会
        <sup>art-57-20/par-1/item-4/sub-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-20/par-1/item-4/sub-1 · https://japanlaw.org/l/323AC0000000025/art-57-20/par-1/item-4/sub-1</sup>
        a board of directors; and
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **ロ**  監査役、監査等委員会又は指名委員会等
        <sup>art-57-20/par-1/item-4/sub-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-20/par-1/item-4/sub-2 · https://japanlaw.org/l/323AC0000000025/art-57-20/par-1/item-4/sub-2</sup>
        a company auditor, supervisory committee, or nominating committee, etc.;
        <sup>machine translation, not official</sup>

    **第二項**  内閣総理大臣は、指定親会社が次の各号のいずれかに該当する場合においては、当該指定親会社に対し三月以内の期間を定めて対象特別金融商品取引業者の親会社でなくなるための措置その他必要な措置をとるべきことを命じ、又は対象特別金融商品取引業者に対し六月以内の期間を定めて業務の全部若しくは一部の停止を命ずることができる。
    <sup>art-57-20/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-20/par-2 · https://japanlaw.org/l/323AC0000000025/art-57-20/par-2</sup>
    If a designated parent company falls under any of the following items, the Prime Minister may order the designated parent company to take measures so that it will cease to be the parent company of a subject special financial instruments business operator or to take other necessary measures within a fixed period of no longer than three months, or may order the subject special financial instruments business operator to suspend all or part of the business during a fixed period of no longer than six months:
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **一**  法令又は法令に基づいてする内閣総理大臣の処分に違反したとき。
      <sup>art-57-20/par-2/item-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-20/par-2/item-1 · https://japanlaw.org/l/323AC0000000025/art-57-20/par-2/item-1</sup>
      it violates a law or regulation or a disposition by the Prime Minister based on a law or regulation; or
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **二**  業務又は財産の状況に照らし支払不能に陥るおそれがあるとき。
      <sup>art-57-20/par-2/item-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-20/par-2/item-2 · https://japanlaw.org/l/323AC0000000025/art-57-20/par-2/item-2</sup>
      in light of the state of its business or assets, it is likely to become insolvent.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **第三項**  内閣総理大臣は、指定親会社の役員（外国会社にあつては、国内における事務所に駐在する役員に限る。以下この項において同じ。）が、第二十九条の四第一項第二号イからリまでのいずれかに該当することとなつたとき、又は前項第一号に該当することとなつたときは、当該指定親会社に対して、当該役員の解任を命ずることができる。
    <sup>art-57-20/par-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-20/par-3 · https://japanlaw.org/l/323AC0000000025/art-57-20/par-3</sup>
    If the officer of a designated parent company (for a foreign company, this is limited to an officer stationed at its domestic offices; hereinafter the same applies in this paragraph) comes to fall under any of the categories in Article 29-4, paragraph (1), item (ii); (a) through (i), or comes to fall under item (i) of the preceding paragraph, the Prime Minister may order the designated parent company to dismiss that officer.
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-57-20/par-1/item-1: 第二十九条の四第一項第二号 → 金融商品取引法 第二十九条の四第一項第二号 (Article 29-4, paragraph (1), item (ii)), art-29-4/par-1/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-29-4/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-29-4/par-1/item-2
- art-57-20/par-3: この項 → 金融商品取引法 第五十七条の二十第三項 (Article 57-20, paragraph (3)), art-57-20/par-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-20/par-3 · https://japanlaw.org/l/323AC0000000025/art-57-20/par-3
- art-57-20/par-3: 第二十九条の四第一項第二号 → 金融商品取引法 第二十九条の四第一項第二号 (Article 29-4, paragraph (1), item (ii)), art-29-4/par-1/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-29-4/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-29-4/par-1/item-2
- art-57-20/par-3: 前項第一号 → 金融商品取引法 第五十七条の二十第二項第一号 (Article 57-20, paragraph (2), item (i)), art-57-20/par-2/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-20/par-2/item-1 · https://japanlaw.org/l/323AC0000000025/art-57-20/par-2/item-1

## Cited by

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

- 金融商品取引法 第二十九条の四第一項第一号の二（登録の拒否） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-29-4/par-1/item-1-2 · https://japanlaw.org/l/323AC0000000025/art-29-4/par-1/item-1-2
- 金融商品取引法 第五十七条の十三第二項第一号（指定親会社による書類の届出等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-13/par-2/item-1 · https://japanlaw.org/l/323AC0000000025/art-57-13/par-2/item-1
- 金融商品取引法 第五十七条の二十第三項（指定親会社等に対する措置命令等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-20/par-3 · https://japanlaw.org/l/323AC0000000025/art-57-20/par-3
- 金融商品取引法 第五十七条の二十二第一項第一号（監督処分の公告） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-22/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-57-22/par-1/item-1
- 金融商品取引法 第五十七条の二十二第一項第二号（監督処分の公告） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-22/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-57-22/par-1/item-2
- 金融商品取引法 第五十七条の二十四第一項（聴聞等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-24/par-1 · https://japanlaw.org/l/323AC0000000025/art-57-24/par-1
- 金融商品取引法 第五十七条の二十四第二項（聴聞等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-24/par-2 · https://japanlaw.org/l/323AC0000000025/art-57-24/par-2
- 金融商品取引法 第六十五条の四第一項（内閣府令への委任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-65-4/par-1 · https://japanlaw.org/l/323AC0000000025/art-65-4/par-1
- 金融商品取引法 第百九十四条の三第一項第三号の二（財務大臣への協議） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-3/par-1/item-3-2 · https://japanlaw.org/l/323AC0000000025/art-194-3/par-1/item-3-2
- 金融商品取引法 第百九十四条の四第一項第六号の二（財務大臣への通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-4/par-1/item-6-2 · https://japanlaw.org/l/323AC0000000025/art-194-4/par-1/item-6-2
- 金融商品取引法 第百九十四条の四第一項第六号の六（財務大臣への通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-4/par-1/item-6-6 · https://japanlaw.org/l/323AC0000000025/art-194-4/par-1/item-6-6
- 金融商品取引法 第百九十八条の五第一項第二号 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-198-5/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-198-5/par-1/item-2
- 金融商品取引法 第百九十八条の五第一項第二号の二 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-198-5/par-1/item-2-2 · https://japanlaw.org/l/323AC0000000025/art-198-5/par-1/item-2-2

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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
- claude-sonnet-5-5 — Machine translation, batch financial-instruments-and-exchange-act-20261023T035921-008, translated 2026-10-23
- This site's parser, version 212 — 金融商品取引法 — structure, counts, cross-references and defined terms, computed 2026-10-22