# 金融商品取引法 / Financial Instruments and Exchange Act — 第六十六条の三十六 (Article 66-36)

- 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: 第六十六条の三十六 (Article 66-36)（格付方針等） — address `art-66-36`
- 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-66-36
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-66-36
- 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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### 第六十六条の三十六（格付方針等） — (Rating Policy)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-66-36 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-66-36 · https://japanlaw.org/l/323AC0000000025/art-66-36</sup>

  **第一項**  信用格付業者は、内閣府令で定めるところにより、信用格付を付与し、かつ、提供し又は閲覧に供するための方針及び方法（次項において「格付方針等」という。）を定め、公表しなければならない。これを変更したときも、同様とする。
  <sup>art-66-36/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-66-36/par-1 · https://japanlaw.org/l/323AC0000000025/art-66-36/par-1</sup>
  A credit rating agency, pursuant to the provisions of Cabinet Office Order, must set a policy and methodology for determining credit ratings and for providing them or making them available for inspection (such a policy is referred to as a "rating policy" in the following paragraph) and must disclose the same. The same applies if the credit rating agency changes its rating policy.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第二項**  信用格付業者は、格付方針等に従い、信用格付業の業務を行わなければならない。
  <sup>art-66-36/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-66-36/par-2 · https://japanlaw.org/l/323AC0000000025/art-66-36/par-2</sup>
  A credit rating agency must carry out its credit rating services in accordance with the rating policy.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-66-36/par-1: 次項 → 金融商品取引法 第六十六条の三十六第二項 (Article 66-36, paragraph (2)), art-66-36/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-66-36/par-2 · https://japanlaw.org/l/323AC0000000025/art-66-36/par-2

## Cited by

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

- 金融商品取引法 第六十六条の三十五第一項第二号（禁止行為） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-66-35/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-66-35/par-1/item-2
- 金融商品取引法 第六十六条の三十六第一項（格付方針等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-66-36/par-1 · https://japanlaw.org/l/323AC0000000025/art-66-36/par-1
- 金融商品取引法 第六十六条の四十九第一項（内閣府令への委任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-66-49/par-1 · https://japanlaw.org/l/323AC0000000025/art-66-49/par-1

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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
