# 金融商品取引法 / Financial Instruments and Exchange Act — 第三章の三 (Chapter 3-3)
- 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: 第三章の三 (Chapter 3-3) — address `ch-3-3`
- Text: the text as amended with effect from 2027-07-22 (On a day set by Cabinet Order, no later than 22 July 2027 — the amending law allows up to one year from promulgation. The exact day is not fixed yet.), standing until 2027-09-30 — NOT yet in force (revision 20270722_508AC0000000064)
- URL (this text's page, at this provision): https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#ch-3-3
- The same address in the text in force (its wording there may differ): https://japanlaw.org/ja/financial-instruments-and-exchange-act/ch-3-3
- Every provision below carries its address and its place on this text's page 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.
The Ministry's English is given only where this text's Japanese is a wording
the Ministry translated — the same as the text in force, or for a text not yet
in force, a wording it translated ahead; every other paragraph's English is
machine translation.
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## 第三章の三 信用格付業者 — Chapter III-3 Credit Rating Agencies
heading: Ministry of Justice translation — Japanese Law Translation Database System
ch-3-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#ch-3-3
## 第一節 総則 — Section 1 General Provisions
heading: Ministry of Justice translation — Japanese Law Translation Database System
ch-3-3/sec-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#ch-3-3/sec-1
### 第六十六条の二十七（登録） — (Registration)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-27 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-27
**第一項** 信用格付業を行う法人（法人でない団体で代表者又は管理人の定めのあるものを含む。次条第一項第二号及び第六十六条の四十七を除き、以下この章において同じ。）は、内閣総理大臣の登録を受けることができる。
art-66-27/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-27/par-1
A corporation engaged in credit rating services (including an organization without legal personality whose representative or administrator has been designated; hereinafter the same applies in this Chapter, except in paragraph (1), item (ii) of the following Article and Article 66-47) may be registered by the Prime Minister.
Ministry of Justice translation — Japanese Law Translation Database System
### 第六十六条の二十八（登録の申請） — (Application for Registration)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-28 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28
**第一項** 前条の登録を受けようとする者は、次に掲げる事項を記載した登録申請書を内閣総理大臣に提出しなければならない。この場合において、外国法人は、国内における代表者（当該外国法人が信用格付業を行うため国内に設けるすべての営業所又は事務所の業務を担当するものに限る。）又はこれに準ずるものとして内閣府令で定める者を定めて当該登録申請書を提出しなければならない。
art-66-28/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28/par-1
A person seeking to be registered as referred to in the preceding Article must submit a written application for registration to the Prime Minister, in which it states the following particulars. In such a case, a foreign corporation must designate a domestic representative (limited to one responsible for business at all business offices or offices that the foreign corporation operates in Japan so as to engage in credit rating services) or a person specified by Cabinet Office Order as equivalent to this, before submitting such a written application for registration:
Ministry of Justice translation — Japanese Law Translation Database System
**一** 商号又は名称
art-66-28/par-1/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28/par-1/item-1
its trade name or name;
Ministry of Justice translation — Japanese Law Translation Database System
**二** 役員（法人でない団体で代表者又は管理人の定めのあるものの代表者又は管理人を含む。以下この章において同じ。）の氏名又は名称
art-66-28/par-1/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28/par-1/item-2
the names of its officers (including the representative or administrator of an organization without legal personality for which a representative or administrator has been designated; hereinafter the same applies in this Chapter);
Ministry of Justice translation — Japanese Law Translation Database System
**三** 信用格付業を行う営業所又は事務所（外国法人にあつては、本店及び国内における主たる営業所又は事務所その他の営業所又は事務所）の名称及び所在地
art-66-28/par-1/item-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28/par-1/item-3
the name and location of the business offices or offices for credit rating services (or the head office, principal business office or office, or any other business office or office in Japan, for a foreign corporation);
Ministry of Justice translation — Japanese Law Translation Database System
**四** 他に事業を行つているときは、その事業の種類
art-66-28/par-1/item-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28/par-1/item-4
if it engages in other business, the business type; and
Ministry of Justice translation — Japanese Law Translation Database System
**五** その他内閣府令で定める事項
art-66-28/par-1/item-5 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28/par-1/item-5
other particulars specified by Cabinet Office Order.
Ministry of Justice translation — Japanese Law Translation Database System
**第二項** 前項の登録申請書には、次に掲げる書類を添付しなければならない。
art-66-28/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28/par-2
The following documents must accompany the written application for registration referred to in the preceding paragraph:
Ministry of Justice translation — Japanese Law Translation Database System
**一** 第六十六条の三十第一項第二号及び第三号に該当しないことを誓約する書面
art-66-28/par-2/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28/par-2/item-1
a document pledging that the applicant does not fall under the purview of Article 66-30, paragraph (1), item (ii) or (iii);
Ministry of Justice translation — Japanese Law Translation Database System
**二** 信用格付業の業務の内容及び方法として内閣府令で定める事項を記載した書類
art-66-28/par-2/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28/par-2/item-2
a document stating the things specified by Cabinet Office Order as constituting the business outline and business methods for credit rating services;
Ministry of Justice translation — Japanese Law Translation Database System
**三** 定款及び会社の登記事項証明書（これらに準ずるものを含む。）
art-66-28/par-2/item-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28/par-2/item-3
the articles of incorporation and the certificate of registered information for the company (including documents equivalent to these); and
Ministry of Justice translation — Japanese Law Translation Database System
**四** その他内閣府令で定める書類
art-66-28/par-2/item-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28/par-2/item-4
other documents specified by Cabinet Office Order.
Ministry of Justice translation — Japanese Law Translation Database System
**第三項** 前項第三号の場合において、定款が電磁的記録で作成されているときは、書類に代えて電磁的記録（内閣府令で定めるものに限る。）を添付することができる。
art-66-28/par-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28/par-3
In the case referred to in item (iii) of the preceding paragraph, if the articles of incorporation have been prepared as electronic or magnetic records, electronic or magnetic records (limited to that specified by Cabinet Office Order) may accompany a written application for registration in lieu of documents.
Ministry of Justice translation — Japanese Law Translation Database System
### 第六十六条の二十九（登録簿への登録） — (Registration in a Register)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-29 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-29
**第一項** 内閣総理大臣は、第六十六条の二十七の登録の申請があつた場合においては、次条の規定により登録を拒否する場合を除くほか、次に掲げる事項を信用格付業者登録簿に登録しなければならない。
art-66-29/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-29/par-1
When an application is filed for the registration referred to in Article 66-27, unless the Prime Minister refuses the registration pursuant to the provisions of the following Article, the Prime Minister must register the following particulars in a credit rating agencies register:
Ministry of Justice translation — Japanese Law Translation Database System
**一** 前条第一項各号に掲げる事項
art-66-29/par-1/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-29/par-1/item-1
the particulars set forth in the items of paragraph (1) of the preceding Article; and
Ministry of Justice translation — Japanese Law Translation Database System
**二** 登録年月日及び登録番号
art-66-29/par-1/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-29/par-1/item-2
the date of registration and registration number.
Ministry of Justice translation — Japanese Law Translation Database System
**第二項** 内閣総理大臣は、信用格付業者登録簿を公衆の縦覧に供しなければならない。
art-66-29/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-29/par-2
The Prime Minister must make the credit rating agencies register available to the public.
Ministry of Justice translation — Japanese Law Translation Database System
### 第六十六条の三十（登録の拒否） — (Refusal of Registration)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-30 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30
**第一項** 内閣総理大臣は、登録申請者が次の各号のいずれかに該当するとき、又は登録申請書若しくはこれに添付すべき書類若しくは電磁的記録のうちに虚偽の記載若しくは記録があり、若しくは重要な事実の記載若しくは記録が欠けているときは、その登録を拒否しなければならない。
art-66-30/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30/par-1
The Prime Minister must refuse to effect a registration if an applicant for registration falls under any of the following items, if the written application for registration or a document or electronic or magnetic record that is required to accompany it contains a false statement or record, or if it omits a statement or record of a material fact:
Ministry of Justice translation — Japanese Law Translation Database System
**一** 法人でない者
art-66-30/par-1/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30/par-1/item-1
a person other than a corporation;
Ministry of Justice translation — Japanese Law Translation Database System
**二** 第二十九条の四第一項第一号イからハまでのいずれかに該当する法人
art-66-30/par-1/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30/par-1/item-2
a corporation that falls under any of Article 29-4, paragraph (1), item (i), (a) through (c);
Ministry of Justice translation — Japanese Law Translation Database System
**三** 役員のうちに次のいずれかに該当する者のある法人
art-66-30/par-1/item-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30/par-1/item-3
a corporation that has a person falling under any of the following persons as an officer;
Ministry of Justice translation — Japanese Law Translation Database System
**イ** 心身の故障により信用格付業に係る業務を適正に行うことができない者として内閣府令で定める者
art-66-30/par-1/item-3/sub-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30/par-1/item-3/sub-1
a person specified by Cabinet Office Order as being unable to properly perform business related to credit rating services due to a mental or physical disorder; or
Ministry of Justice translation — Japanese Law Translation Database System
**ロ** 第二十九条の四第一項第二号ロからリまでのいずれかに該当する者
art-66-30/par-1/item-3/sub-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30/par-1/item-3/sub-2
a person falling under any of Article 29-4, paragraph (1), item (ii), (b) through (i);
Ministry of Justice translation — Japanese Law Translation Database System
**四** 他に行つている事業が公益に反すると認められる法人
art-66-30/par-1/item-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30/par-1/item-4
a corporation whose other business is found to be contrary to the public interest; or
Ministry of Justice translation — Japanese Law Translation Database System
**五** 信用格付業を公正かつ的確に遂行するための必要な体制が整備されていると認められない法人
art-66-30/par-1/item-5 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30/par-1/item-5
a corporation that is found not to have in place the necessary system for fairly and appropriately performing credit rating services.
Ministry of Justice translation — Japanese Law Translation Database System
**第二項** 内閣総理大臣は、前項に定めるもののほか、登録申請者が外国法人である場合には、国内に営業所又は事務所を有しないときはその登録を拒否しなければならない。ただし、当該登録申請者が信用格付業の業務に相当すると認められる業務を行う者に対する監督を行う外国の行政機関その他これに準ずるものの適切な監督を受けると認められる場合として内閣府令で定める場合又はこの項本文の規定により登録を拒否することが条約その他の国際約束の誠実な履行を妨げることとなる場合は、この限りでない。
art-66-30/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30/par-2
Beyond what is provided for in the preceding paragraph, the Prime Minister must refuse a registration if the applicant for registration is a foreign corporation and has no business office or office in Japan; provided, however, that this does not apply in cases specified by Cabinet Office Order as those in which the applicant for registration is found to be under appropriate supervision by a foreign administrative organization that supervises persons conducting business that is found to be equivalent to credit rating services, or by any other organization equivalent to such an organization, and does not apply to a case in which refusal to effect a registration pursuant to the main clause of this paragraph would preclude the sincere implementation of a treaty or other international agreement.
Ministry of Justice translation — Japanese Law Translation Database System
### 第六十六条の三十一（変更の届出） — (Notification of a Change)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-31 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-31
**第一項** 信用格付業者は、第六十六条の二十八第一項各号に掲げる事項について変更があつたときは、その日から二週間以内に、その旨を内閣総理大臣に届け出なければならない。
art-66-31/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-31/par-1
If any particular set forth in the items of Article 66-28, paragraph (1) changes, the credit rating agency must notify the Prime Minister of this within two weeks from the day of the change.
Ministry of Justice translation — Japanese Law Translation Database System
**第二項** 内閣総理大臣は、前項の規定による届出を受理したときは、届出があつた事項を信用格付業者登録簿に登録しなければならない。
art-66-31/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-31/par-2
Upon accepting a notification under the preceding paragraph, the Prime Minister must register the particulars given in the notification in a credit rating agencies register.
Ministry of Justice translation — Japanese Law Translation Database System
**第三項** 信用格付業者は、第六十六条の二十八第二項第二号に掲げる書類に記載した事項について変更があつたときは、内閣府令で定めるところにより、遅滞なく、その旨を内閣総理大臣に届け出なければならない。
art-66-31/par-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-31/par-3
If a particular stated in a document set forth in Article 66-28, paragraph (2), item (ii) changes, the credit rating agency must notify the Prime Minister of this without delay, pursuant to the provisions of Cabinet Office Order.
Ministry of Justice translation — Japanese Law Translation Database System
## 第二節 業務 — Section 2 Services
heading: Ministry of Justice translation — Japanese Law Translation Database System
ch-3-3/sec-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#ch-3-3/sec-2
### 第六十六条の三十二（誠実義務） — (Duty of Sincerity)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-32 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-32
**第一項** 信用格付業者並びにその役員及び使用人は、独立した立場において公正かつ誠実にその業務を遂行しなければならない。
art-66-32/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-32/par-1
A credit rating agency as well as its officers and employees must be sincere and fair in the performance of its services, from an independent standpoint.
Ministry of Justice translation — Japanese Law Translation Database System
### 第六十六条の三十三（業務管理体制の整備） — (Establishment of the Operational Control System)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-33 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-33
**第一項** 信用格付業者は、信用格付業を公正かつ的確に遂行するため、内閣府令で定めるところにより、業務管理体制を整備しなければならない。
art-66-33/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-33/par-1
A credit rating agency must establish an operational control system for the fair and appropriate performance of its credit rating services, pursuant to the provisions of Cabinet Office Order.
Ministry of Justice translation — Japanese Law Translation Database System
**第二項** 前項に規定する業務管理体制は、専門的知識及び技能を有する者の配置その他の業務の品質を管理するための措置並びに自己又は格付関係者（信用格付の対象となる事項に関し利害を有する者として内閣府令で定める者をいう。第六十六条の三十五において同じ。）の利益を図る目的をもつて投資者の利益を害することを防止するための措置その他業務の執行の適正を確保するための措置を含むものでなければならない。
art-66-33/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-33/par-2
The operational control system referred to in the preceding paragraph must include measures for assigning persons with expert knowledge and skills and for otherwise managing the quality of business, measures for preventing the investors' interests from being harmed with the aim of benefiting the credit rating agency itself or a rating entity, etc. (meaning a person specified by Cabinet Office Order as having an interest in the thing on which a credit rating is based; the same applies in Article 66-35) and other measures for ensuring the proper execution of business.
Ministry of Justice translation — Japanese Law Translation Database System
### 第六十六条の三十四（名義貸しの禁止） — (Prohibition of Lending of One's Name)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-34 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-34
**第一項** 信用格付業者は、自己の名義をもつて、他人に信用格付業を行わせてはならない。
art-66-34/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-34/par-1
A credit rating agency must not allow another person to engage in credit rating services using the name of that credit rating agency.
Ministry of Justice translation — Japanese Law Translation Database System
### 第六十六条の三十五（禁止行為） — (Prohibited Actions)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-35 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-35
**第一項** 信用格付業者又はその役員若しくは使用人は、その行う信用格付業に関して、次に掲げる行為をしてはならない。
art-66-35/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-35/par-1
A credit rating agency or its officer or employee is prohibited from engaging in the following acts with regard to its credit rating services:
Ministry of Justice translation — Japanese Law Translation Database System
**一** 信用格付業者又はその役員若しくは使用人が格付関係者と内閣府令で定める密接な関係を有する場合において、当該格付関係者が利害を有する事項として内閣府令で定める事項を対象とする信用格付を提供し、又は閲覧に供する行為
art-66-35/par-1/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-35/par-1/item-1
providing or making available for inspection a credit rating that is based on anything specified by Cabinet Office Order as those in which a rating entity, etc. has an interest, if the credit rating agency or its officer or employee is closely related as specified by Cabinet Office Order to the rating entity, etc.;
Ministry of Justice translation — Japanese Law Translation Database System
**二** 格付関係者に対し当該格付関係者に係る信用格付に重要な影響を及ぼすべき事項として内閣府令で定める事項に関して助言を行つた場合（格付関係者からの求めに応じ、次条第一項に規定する格付方針等の内容を告げた場合その他助言の態様に照らして投資者の保護に欠けるおそれが少ないと認められる場合として内閣府令で定める場合を除く。）において、当該信用格付を提供し、又は閲覧に供する行為
art-66-35/par-1/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-35/par-1/item-2
providing a credit rating or making it available for inspection, if the credit rating agency or its officer or employee has given advice to the rating entity, etc. about a matter specified by Cabinet Office Order as those that may have a material influence on the credit rating of the rating entity, etc. (this excludes the credit rating agency or its officer or employee informing the rating entity, etc. of the details of the rating policy as defined in paragraph (1) of the following Article at that person's request, and also excludes cases specified by Cabinet Office Order as those in which such advice is found to have little likelihood of resulting in insufficient investor protection, in light of the form of that advice); and
Ministry of Justice translation — Japanese Law Translation Database System
**三** 前二号に掲げるもののほか、投資者の保護に欠け、又は信用格付業の信用を失墜させるものとして内閣府令で定める行為
art-66-35/par-1/item-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-35/par-1/item-3
any act beyond what is set forth in the preceding two items, which is specified by Cabinet Office Order as resulting in insufficient investor protection or as causing a loss of confidence in credit rating services.
Ministry of Justice translation — Japanese Law Translation Database System
### 第六十六条の三十六（格付方針等） — (Rating Policy)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-36 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-36
**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。
art-66-36/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-36/par-1
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.
Ministry of Justice translation — Japanese Law Translation Database System
**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。
art-66-36/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-36/par-2
A credit rating agency must carry out its credit rating services in accordance with the rating policy.
Ministry of Justice translation — Japanese Law Translation Database System
## 第三節 経理 — Section 3 Accounting
heading: Ministry of Justice translation — Japanese Law Translation Database System
ch-3-3/sec-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#ch-3-3/sec-3
### 第六十六条の三十七（業務に関する帳簿書類） — (Books and Documents Concerning Services)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-37 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-37
**第一項** 信用格付業者は、内閣府令で定めるところにより、信用格付業に関する帳簿書類を作成し、これを保存しなければならない。
art-66-37/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-37/par-1
A credit rating agency must prepare and preserve books and documents concerning its credit rating services pursuant to the provisions of Cabinet Office Order.
Ministry of Justice translation — Japanese Law Translation Database System
### 第六十六条の三十八（事業報告書の提出） — (Submission of Business Reports)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-38 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-38
**第一項** 信用格付業者は、事業年度ごとに、内閣府令で定めるところにより、事業報告書を作成し、毎事業年度経過後政令で定める期間内に、これを内閣総理大臣に提出しなければならない。
art-66-38/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-38/par-1
Each business year, pursuant to the provisions of Cabinet Office Order, a credit rating agency must prepare a business report and submit it to the Prime Minister within the period specified by Cabinet Order after the end of the business year.
Ministry of Justice translation — Japanese Law Translation Database System
### 第六十六条の三十九（説明書類の縦覧） — (Public Inspection of Explanatory Documents)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-39 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-39
**第一項** 信用格付業者は、事業年度ごとに、業務の状況に関する事項として内閣府令で定めるものを記載した説明書類を作成し、毎事業年度経過後政令で定める期間を経過した日から一年間、これをすべての営業所又は事務所に備え置き、公衆の縦覧に供するとともに、内閣府令で定めるところにより、インターネットの利用その他の方法により公表しなければならない。
art-66-39/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-39/par-1
Each business year, a credit rating agency must prepare explanatory documents stating the particulars specified by Cabinet Office Order as pertinent to the state of its business, and during the one-year period beginning from the day on which the period specified by Cabinet Order elapses following the end of each business year, in addition to keeping these explanatory documents at all of its business offices and offices and making them available for public inspection, it must disclose them over the internet or by any other means, pursuant to the provisions of Cabinet Office Order.
Ministry of Justice translation — Japanese Law Translation Database System
## 第四節 監督 — Section 4 Supervision
heading: Ministry of Justice translation — Japanese Law Translation Database System
ch-3-3/sec-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#ch-3-3/sec-4
### 第六十六条の四十（廃業等の届出等） — (Notification of Discontinuing Business)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-40 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-40
**第一項** 信用格付業者が次の各号のいずれかに該当することとなつたときは、当該各号に定める者は、その日から三十日以内に、その旨を内閣総理大臣に届け出なければならない。
art-66-40/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-40/par-1
If a credit rating agency comes to fall under any of the following items, the person specified in the relevant item must notify the Prime Minister of this within 30 days from the day in question:
Ministry of Justice translation — Japanese Law Translation Database System
**一** 信用格付業を廃止したとき（分割により事業（信用格付業に係るものに限る。以下この条において同じ。）の全部を承継させたとき、又は事業の全部を譲渡したときを含む。） その信用格付業を廃止し、又は承継をさせ、若しくは譲渡をした法人
art-66-40/par-1/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-40/par-1/item-1
the credit rating agency discontinues credit rating services (including if the credit rating agency has the whole of its business (limited to business involved in credit rating services; hereinafter the same applies in this Article) succeeded to in a company split or transfers the whole of business):the corporation that discontinues or transfers the credit rating services or that has the credit rating services succeeded to;
Ministry of Justice translation — Japanese Law Translation Database System
**二** 信用格付業者である法人が合併により消滅したとき その法人を代表する役員であつた者
art-66-40/par-1/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-40/par-1/item-2
the credit rating agency is a corporation, and that corporation disappears in a merger:the officer that represented the corporation;
Ministry of Justice translation — Japanese Law Translation Database System
**三** 信用格付業者である法人が破産手続開始の決定により解散したとき その破産管財人
art-66-40/par-1/item-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-40/par-1/item-3
the credit rating agency is a corporation, and that corporation is dissolved due to an order to commence bankruptcy proceedings:the bankruptcy trustee; and
Ministry of Justice translation — Japanese Law Translation Database System
**四** 信用格付業者である法人が合併及び破産手続開始の決定以外の理由により解散したとき その清算人
art-66-40/par-1/item-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-40/par-1/item-4
the credit rating agency is a corporation, and that corporation is dissolved for reasons other than a merger or an order to commence bankruptcy proceedings:the liquidator.
Ministry of Justice translation — Japanese Law Translation Database System
**第二項** 信用格付業者が前項各号のいずれかに該当することとなつたときは、当該信用格付業者の第六十六条の二十七の登録は、その効力を失う。
art-66-40/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-40/par-2
If a credit rating agency comes to fall under any of the items of the preceding paragraph, the Article 66-27 registration of the credit rating agency ceases to be effective.
Ministry of Justice translation — Japanese Law Translation Database System
**第三項** 信用格付業者は、第六十六条の二十七の登録の抹消の申請をし、信用格付業の廃止をし、合併（当該信用格付業者が合併により消滅する場合の当該合併に限る。）をし、合併及び破産手続開始の決定以外の理由による解散をし、分割による事業の全部の承継をさせ、又は事業の全部の譲渡をしようとするときは、その日の三十日前までに、内閣府令で定めるところにより、その旨を公告しなければならない。
art-66-40/par-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-40/par-3
If a credit rating agency seeks to apply for the deletion of its Article 66-27 registration, to discontinue its credit rating services, to implement a merger (limited to one in which the credit rating agency disappears due to merger), to dissolve for reasons other than a merger or an order to commence bankruptcy proceedings, to have the whole of its business succeeded to in a company split, or to transfer the whole of its business, it must issue public notice of this, pursuant to the provisions of Cabinet Office Order, by 30 days prior to that day on which it seeks to do so.
Ministry of Justice translation — Japanese Law Translation Database System
**第四項** 信用格付業者は、前項の規定による公告をしたときは、直ちに、その旨を内閣総理大臣に届け出なければならない。
art-66-40/par-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-40/par-4
If a credit rating agency issues a public notice under the preceding paragraph, it must immediately notify the Prime Minister of this.
Ministry of Justice translation — Japanese Law Translation Database System
**第五項** 会社法第九百四十条第一項（第一号に係る部分に限る。）及び第三項の規定は、信用格付業者（会社に限る。）が電子公告により第三項の規定による公告をする場合について準用する。この場合において、必要な技術的読替えは、政令で定める。
art-66-40/par-5 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-40/par-5
The provisions of Article 940, paragraph (1) (limited to the part that involves item (i)) and paragraph (3) of the Companies Act apply mutatis mutandis if a credit rating agency (limited to one that is a company) issues a public notice under paragraph (3) through an electronic public notice. In such a case, the necessary technical replacement of terms is specified by Cabinet Order.
Ministry of Justice translation — Japanese Law Translation Database System
**第六項** 会社法第九百四十条第一項（第一号に係る部分に限る。）及び第三項、第九百四十一条、第九百四十六条、第九百四十七条、第九百五十一条第二項、第九百五十三条並びに第九百五十五条の規定は、信用格付業者（外国会社に限る。）が電子公告により第三項の規定による公告をする場合について準用する。この場合において、必要な技術的読替えは、政令で定める。
art-66-40/par-6 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-40/par-6
The provisions of Article 940, paragraph (1) (limited to the part that involves item (i)) and paragraph (3) of the Companies Act and Article 941; Article 946; Article 947; Article 951, paragraph (2); Article 953; and Article 955 of that Act apply mutatis mutandis if a credit rating agency (limited to one that is a foreign company) issues a public notice under paragraph (3) through an electronic public notice. In such a case, the necessary technical replacement of terms is specified by Cabinet Order.
Ministry of Justice translation with a slip corrected by this site — not the Ministry's text; the Ministry printed: "The provisions of Article 940, paragraph (1) (limited to the part that involves item (i)) and paragraph (3) of the Companies Act and Article 941; Article 946; Article 947; Article 951; paragraph (2); Article 953; and Article 955 of that Act apply mutatis mutandis if a credit rating agency (limited to one that is a foreign company) issues a public notice under paragraph (3) through an electronic public notice. In such a case, the necessary technical replacement of terms is specified by Cabinet Order." — https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb
### 第六十六条の四十一（業務改善命令） — (Business Improvement Orders)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-41 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-41
**第一項** 内閣総理大臣は、信用格付業者の業務の運営の状況に関し、公益又は投資者保護のため必要かつ適当であると認めるときは、その必要の限度において、当該信用格付業者に対し、業務の方法の変更その他業務の運営の状況の改善に必要な措置をとるべきことを命ずることができる。
art-66-41/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-41/par-1
If the Prime Minister finds it to be necessary and appropriate in the public interest or for the protection of investors as concerns the state of a credit rating agency's business operations, the Prime Minister may, to the extent necessary, order the credit rating agency to change its business methods or order it to take other measures that are necessary for improving the state of its business operations.
Ministry of Justice translation — Japanese Law Translation Database System
### 第六十六条の四十二（監督上の処分） — (Supervisory Dispositions)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-42 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42
**第一項** 内閣総理大臣は、信用格付業者が次の各号のいずれかに該当する場合においては、当該信用格付業者の第六十六条の二十七の登録を取り消し、又は六月以内の期間を定めて信用格付業の業務の全部若しくは一部の停止を命ずることができる。
art-66-42/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-1
If a credit rating agency falls under any of the following items, the Prime Minister may rescind its Article 66-27 registration, or may order the suspension of all or part of the business during a fixed period of no longer than six months:
Ministry of Justice translation — Japanese Law Translation Database System
**一** 第六十六条の三十第一項各号（第三号を除く。）のいずれかに該当することとなつたとき。
art-66-42/par-1/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-1/item-1
the credit rating agency comes to fall under any of the items of Article 66-30, paragraph (1) (excluding item (iii));
Ministry of Justice translation — Japanese Law Translation Database System
**二** 第六十六条の三十第二項の規定により登録を拒否すべき事由に該当することとなつたとき。
art-66-42/par-1/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-1/item-2
the credit rating agency comes to fall under the purview of grounds upon which the Prime Minister is required to refuse registration pursuant to Article 66-30, paragraph (2);
Ministry of Justice translation — Japanese Law Translation Database System
**三** 不正の手段により第六十六条の二十七の登録を受けたとき。
art-66-42/par-1/item-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-1/item-3
the credit rating agency has received its Article 66-27 registration by wrongful means;
Ministry of Justice translation — Japanese Law Translation Database System
**四** 信用格付業に関し法令又は法令に基づいてする行政官庁の処分に違反したとき。
art-66-42/par-1/item-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-1/item-4
the credit rating agency violates a law or regulation or a disposition by a government agency which is based on a law or regulation, in connection with its credit rating services;
Ministry of Justice translation — Japanese Law Translation Database System
**五** 信用格付業の運営に関し、投資者の利益を害する事実があるとき。
art-66-42/par-1/item-5 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-1/item-5
a fact has occurred in connection with the operation of its credit rating services, which is detrimental to investors' interests; or
Ministry of Justice translation — Japanese Law Translation Database System
**六** 信用格付業に関し、不正又は著しく不当な行為をした場合において、その情状が特に重いとき。
art-66-42/par-1/item-6 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-1/item-6
the credit rating agency commits a wrongful or extremely unjust act in connection with credit rating services, and the circumstances surrounding this are especially serious.
Ministry of Justice translation — Japanese Law Translation Database System
**第二項** 内閣総理大臣は、信用格付業者の役員（外国法人にあつては、国内における営業所若しくは事務所に駐在する役員又は国内における代表者に限る。以下この項において同じ。）が、第六十六条の三十第一項第三号イ若しくはロに該当することとなつたとき、第六十六条の二十七の登録当時既に同号イ若しくはロに該当していたことが判明したとき、又は前項第四号から第六号までのいずれかに該当することとなつたときは、当該信用格付業者に対して、当該役員の解任を命ずることができる。
art-66-42/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-2
If the officer of a credit rating agency (for a foreign corporation, this is limited to an officer stationed at its domestic business office or office, or its domestic representative; hereinafter the same applies in this paragraph) comes to fall under any of Article 66-30, paragraph (1), item (iii), (a) or (b), is discovered to have fallen under (a) or (b)of that item at the time of the registration referred to in Article 66-27, or comes to fall under any of the items (iv) through (vi) of the preceding paragraph, the Prime Minister may order the credit rating agency to dismiss that officer.
Ministry of Justice translation — Japanese Law Translation Database System
**第三項** 内閣総理大臣は、信用格付業者の営業所若しくは事務所の所在地を確知できないとき、又は信用格付業者を代表する役員の所在を確知できないときは、内閣府令で定めるところにより、その事実を公告し、その公告の日から三十日を経過しても当該信用格付業者から申出がないときは、当該信用格付業者の登録を取り消すことができる。
art-66-42/par-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-3
If the Prime Minister is unable to ascertain the location of the business offices or offices of a credit rating agency or is unable to ascertain the whereabouts of the officer representing the credit rating agency, the Prime Minister, pursuant to the provisions of Cabinet Office Order, may issue public notice of that fact and rescind the registration of the credit rating agency if no filing is made by the credit rating agency even after 30 days past the day of the public notice.
Ministry of Justice translation — Japanese Law Translation Database System
**第四項** 前項の規定による処分については、行政手続法第三章の規定は、適用しない。
art-66-42/par-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-4
The provisions of Chapter III of the Administrative Procedure Act do not apply to a disposition under the preceding paragraph.
Ministry of Justice translation — Japanese Law Translation Database System
### 第六十六条の四十三（監督処分の公告） — (Public Notice of Supervisory Dispositions)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-43 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-43
**第一項** 内閣総理大臣は、前条第一項若しくは第三項の規定により第六十六条の二十七の登録を取り消し、又は前条第一項の規定により業務の全部若しくは一部の停止を命じたときは、内閣府令で定めるところにより、その旨を公告しなければならない。
art-66-43/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-43/par-1
If the Prime Minister rescinds an Article 66-27 registration pursuant to the provisions of paragraph (1) or (3) of the preceding Article or orders the suspension of all or part of the business pursuant to paragraph (1) of the preceding Article, the Prime Minister must issue public notice of this pursuant to the provisions of Cabinet Office Order.
Ministry of Justice translation — Japanese Law Translation Database System
### 第六十六条の四十四（登録の抹消） — (Deletion of Registrations)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-44 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-44
**第一項** 内閣総理大臣は、信用格付業者から第六十六条の二十七の登録の抹消の申請があつたとき、第六十六条の四十第二項の規定により第六十六条の二十七の登録がその効力を失つたとき、又は第六十六条の四十二第一項若しくは第三項の規定により第六十六条の二十七の登録を取り消したときは、当該登録を抹消しなければならない。
art-66-44/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-44/par-1
When an application is filed by a Credit Rating Agency for the deletion of an Article 66-27 registration, or if an Article 66-27 registration loses its validity pursuant to the provisions of Article 66-40, paragraph (2) or the Prime Minister rescinds an Article 66-27 registration pursuant to the provisions of Article 66-42, paragraph (1) or (3), the Prime Minister must delete that registration.
Ministry of Justice translation — Japanese Law Translation Database System
### 第六十六条の四十五（報告の徴取及び検査） — (Collection of Reports and Inspections)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-45 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-45
**第一項** 内閣総理大臣は、公益又は投資者保護のため必要かつ適当であると認めるときは、信用格付業者、これと取引をする者、当該信用格付業者から業務の委託を受けた者（その者から委託（二以上の段階にわたる委託を含む。）を受けた者を含む。以下この項において同じ。）若しくは当該信用格付業者の関係法人（当該信用格付業者の子法人、当該信用格付業者を子法人とする法人又は当該信用格付業者を子法人とする法人の子法人（当該信用格付業者を除く。）であつて、信用格付の付与又は提供若しくは閲覧に供する行為を業として行う法人をいう。以下この項において同じ。）に対し当該信用格付業者の業務に関し参考となるべき報告若しくは資料の提出を命じ、又は当該職員に当該信用格付業者、当該信用格付業者から業務の委託を受けた者若しくは当該信用格付業者の関係法人の業務の状況若しくは書類その他の物件の検査（当該信用格付業者から業務の委託を受けた者又は当該信用格付業者の関係法人にあつては、当該信用格付業者の業務に関し必要な検査に限る。）をさせることができる。
art-66-45/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-45/par-1
When the Prime Minister finds it to be necessary and appropriate in the public interest or for the protection of investors, the Prime Minister may order a credit rating agency, a person that conducts transactions with a credit rating agency, the person that a credit rating agency has entrusted with its business (including a person that has received entrustment from the person (including entrustment at two or more degrees of separation from the original entrustment); hereinafter the same applies in this paragraph), or the affiliated corporation of a credit rating agency (meaning the subsidiary corporation of a credit rating agency, a corporation that has a credit rating agency as its subsidiary corporation, or the subsidiary corporation of a corporation that has a credit rating agency as its subsidiary corporation (other than the relevant credit rating agency itself), which performs the act of determining credit ratings and providing them or making them available for inspection in the course of business; hereinafter the same applies in this paragraph) to submit reports or materials that should serve as a reference with regard to the business of the credit rating agency, or may have the relevant officials inspect the state of business, documents, or other articles of a credit rating agency, the person that a credit rating agency has entrusted with its business, or the affiliated corporation of a credit rating agency (but may only have the relevant officials inspect the person that a credit rating agency has entrusted with its business or the affiliated corporation of a credit rating agency as is necessary in connection with the business of the credit rating agency).
Ministry of Justice translation — Japanese Law Translation Database System
**第二項** 前項の「子法人」とは、法人がその総株主等の議決権の過半数を保有する他の法人をいう。この場合において、法人及びその一若しくは二以上の子法人又は当該法人の一若しくは二以上の子法人がその総株主等の議決権の過半数を保有する他の法人は、当該法人の子法人とみなす。
art-66-45/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-45/par-2
The term "subsidiary corporation" as used in the preceding paragraph means a second corporation in which a first corporation holds the majority of the voting rights held by all the shareholders, etc. In such a case, a second corporation in which a first corporation and one or more of its subsidiary corporations hold the majority of the voting rights held by all the shareholders, etc., or in which one or more of a first corporation's subsidiary corporations hold the majority the voting rights held by all the shareholders, etc., is deemed to be the subsidiary corporation of that first corporation.
Ministry of Justice translation — Japanese Law Translation Database System
## 第五節 雑則 — Section 5 Miscellaneous Provisions
heading: Ministry of Justice translation — Japanese Law Translation Database System
ch-3-3/sec-5 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#ch-3-3/sec-5
### 第六十六条の四十六（職務代行者） — (Acting Representative)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-46 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-46
**第一項** 内閣総理大臣は、信用格付業者（外国法人に限る。以下この条において同じ。）の国内における代表者が欠けた場合において、必要があると認めるときは、一時その職務を行うべき者（次項において「職務代行者」という。）を選任することができる。この場合において、当該信用格付業者は、国内における主たる営業所又は事務所の所在地において、その登記をしなければならない。
art-66-46/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-46/par-1
If there is a vacant position for the domestic representative of a credit rating agency (limited to a foreign corporation; hereinafter the same applies in this Article), and the Prime Minister finds it to be necessary, the Prime Minister may appoint a person to temporarily perform the duties of the domestic representative (referred to as the "acting representative" in the following paragraph). In such a case, the credit rating agency must register the appointment in connection with the location of the principal business office or office in Japan.
Ministry of Justice translation — Japanese Law Translation Database System
**第二項** 内閣総理大臣は、前項の規定により職務代行者を選任したときは、信用格付業者に対し、当該職務代行者に相当額の報酬を支払うべき旨を命ずることができる。
art-66-46/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-46/par-2
If the Prime Minister appoints an acting representative pursuant to the provisions of the preceding paragraph, the Prime Minister may order the credit rating agency to pay the acting representative a reasonable amount of remuneration.
Ministry of Justice translation — Japanese Law Translation Database System
### 第六十六条の四十七（外国法人等に対するこの法律の規定の適用に当たつての技術的読替え等） — (Technical Replacement of Terms in Applying the Provisions of This Act to Foreign Corporations)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-47 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-47
**第一項** 信用格付業者が外国法人又は法人でない団体で代表者若しくは管理人の定めのあるものである場合において、この法律の規定の適用に当たつての技術的読替えその他当該外国法人又は法人でない団体で代表者若しくは管理人の定めのあるものに対するこの法律の規定の適用に関し必要な事項は、政令で定める。
art-66-47/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-47/par-1
If a credit rating agency is a foreign corporation or an organization without legal personality for which a representative or administrator has been designated, the technical replacement of terms in the application of the provisions of this Act and necessary particulars otherwise relevant in the application of the provisions of this Act to the foreign corporation or to the organization without legal personality for which a representative or administrator has been designated are specified by Cabinet Order.
Ministry of Justice translation — Japanese Law Translation Database System
### 第六十六条の四十八（準用） — (Application, Mutatis Mutandis)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-48 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-48
**第一項** 第五十七条第一項及び第三項の規定は第六十六条の二十七の登録について、第五十七条第二項及び第三項並びに第六十五条の六の規定は信用格付業者について、それぞれ準用する。この場合において、必要な技術的読替えは、政令で定める。
art-66-48/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-48/par-1
The provisions of Article 57, paragraphs (1) and (3) apply mutatis mutandis to the registration referred to in Article 66-27, and the provisions of Article 57, paragraphs (2) and (3) and Article 65-6 apply mutatis mutandis to a credit rating agency. In such a case, the necessary technical replacement of terms is specified by Cabinet Order.
Ministry of Justice translation — Japanese Law Translation Database System
### 第六十六条の四十九（内閣府令への委任） — (Delegation to Cabinet Office Order)
caption: Ministry of Justice translation — Japanese Law Translation Database System
art-66-49 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-49
**第一項** 第六十六条の二十七から前条までの規定を実施するための手続その他必要な事項は、内閣府令で定める。
art-66-49/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-49/par-1
The procedures for implementing the provisions of Article 66-27 through the preceding Article and other necessary particulars for the implementation are specified by Cabinet Office Order.
Ministry of Justice translation — Japanese Law Translation Database System
---
## Cites
- art-66-27/par-1: 次条第一項第二号 → 金融商品取引法 第六十六条の二十八第一項第二号 (Article 66-28, paragraph (1), item (ii)), art-66-28/par-1/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28/par-1/item-2
- art-66-27/par-1: 第六十六条の四十七 → 金融商品取引法 第六十六条の四十七 (Article 66-47), art-66-47 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-47
- art-66-28/par-1: 前条 → 金融商品取引法 第六十六条の二十七 (Article 66-27), art-66-27 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-27
- art-66-28/par-2: 前項 → 金融商品取引法 第六十六条の二十八第一項 (Article 66-28, paragraph (1)), art-66-28/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28/par-1
- art-66-28/par-2/item-1: 第六十六条の三十第一項第二号 → 金融商品取引法 第六十六条の三十第一項第二号 (Article 66-30, paragraph (1), item (ii)), art-66-30/par-1/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30/par-1/item-2
- art-66-28/par-2/item-1: 第三号 → 金融商品取引法 第六十六条の三十第一項第三号 (Article 66-30, paragraph (1), item (iii)), art-66-30/par-1/item-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30/par-1/item-3
- art-66-28/par-3: 前項第三号 → 金融商品取引法 第六十六条の二十八第二項第三号 (Article 66-28, paragraph (2), item (iii)), art-66-28/par-2/item-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28/par-2/item-3
- art-66-29/par-1: 第六十六条の二十七 → 金融商品取引法 第六十六条の二十七 (Article 66-27), art-66-27 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-27
- art-66-29/par-1: 次条 → 金融商品取引法 第六十六条の三十 (Article 66-30), art-66-30 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30
- art-66-29/par-1/item-1: 前条第一項 → 金融商品取引法 第六十六条の二十八第一項 (Article 66-28, paragraph (1)), art-66-28/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28/par-1
- art-66-30/par-1/item-2: 第二十九条の四第一項第一号 → 金融商品取引法 第二十九条の四第一項第一号 (Article 29-4, paragraph (1), item (i)), art-29-4/par-1/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3/sec-1/from-art-29-4#art-29-4/par-1/item-1
- art-66-30/par-1/item-3/sub-2: 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/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3/sec-1/from-art-29-4#art-29-4/par-1/item-2
- art-66-30/par-2: 前項 → 金融商品取引法 第六十六条の三十第一項 (Article 66-30, paragraph (1)), art-66-30/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30/par-1
- art-66-30/par-2: この項 → 金融商品取引法 第六十六条の三十第二項 (Article 66-30, paragraph (2)), art-66-30/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30/par-2
- art-66-31/par-1: 第六十六条の二十八第一項 → 金融商品取引法 第六十六条の二十八第一項 (Article 66-28, paragraph (1)), art-66-28/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28/par-1
- art-66-31/par-2: 前項 → 金融商品取引法 第六十六条の三十一第一項 (Article 66-31, paragraph (1)), art-66-31/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-31/par-1
- art-66-31/par-3: 第六十六条の二十八第二項第二号 → 金融商品取引法 第六十六条の二十八第二項第二号 (Article 66-28, paragraph (2), item (ii)), art-66-28/par-2/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28/par-2/item-2
- art-66-33/par-2: 前項 → 金融商品取引法 第六十六条の三十三第一項 (Article 66-33, paragraph (1)), art-66-33/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-33/par-1
- art-66-33/par-2: 第六十六条の三十五 → 金融商品取引法 第六十六条の三十五 (Article 66-35), art-66-35 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-35
- art-66-35/par-1/item-2: 次条第一項 → 金融商品取引法 第六十六条の三十六第一項 (Article 66-36, paragraph (1)), art-66-36/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-36/par-1
- art-66-35/par-1/item-3: 前二号 → 金融商品取引法 第六十六条の三十五第一項第一号 (Article 66-35, paragraph (1), item (i)), art-66-35/par-1/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-35/par-1/item-1
- art-66-35/par-1/item-3: 前二号 → 金融商品取引法 第六十六条の三十五第一項第二号 (Article 66-35, paragraph (1), item (ii)), art-66-35/par-1/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-35/par-1/item-2
- 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/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-36/par-2
- art-66-40/par-1/item-1: この条 → 金融商品取引法 第六十六条の四十 (Article 66-40), art-66-40 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-40
- art-66-40/par-2: 前項 → 金融商品取引法 第六十六条の四十第一項 (Article 66-40, paragraph (1)), art-66-40/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-40/par-1
- art-66-40/par-2: 第六十六条の二十七 → 金融商品取引法 第六十六条の二十七 (Article 66-27), art-66-27 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-27
- art-66-40/par-3: 第六十六条の二十七 → 金融商品取引法 第六十六条の二十七 (Article 66-27), art-66-27 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-27
- art-66-40/par-4: 前項 → 金融商品取引法 第六十六条の四十第三項 (Article 66-40, paragraph (3)), art-66-40/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-40/par-3
- art-66-40/par-5: 会社法第九百四十条第一項 → 会社法 第九百四十条第一項 (Article 940, paragraph (1)), art-940/par-1 — https://japanlaw.org/ja/companies-act/art-940/par-1 · https://japanlaw.org/l/417AC0000000086/art-940/par-1
- art-66-40/par-5: 第一号 → 会社法 第九百四十条第一項第一号 (Article 940, paragraph (1), item (i)), art-940/par-1/item-1 — https://japanlaw.org/ja/companies-act/art-940/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-940/par-1/item-1
- art-66-40/par-5: 第三項 → 会社法 第九百四十条第三項 (Article 940, paragraph (3)), art-940/par-3 — https://japanlaw.org/ja/companies-act/art-940/par-3 · https://japanlaw.org/l/417AC0000000086/art-940/par-3
- art-66-40/par-5: 第三項 → 金融商品取引法 第六十六条の四十第三項 (Article 66-40, paragraph (3)), art-66-40/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-40/par-3
- art-66-40/par-6: 会社法第九百四十条第一項 → 会社法 第九百四十条第一項 (Article 940, paragraph (1)), art-940/par-1 — https://japanlaw.org/ja/companies-act/art-940/par-1 · https://japanlaw.org/l/417AC0000000086/art-940/par-1
- art-66-40/par-6: 第一号 → 会社法 第九百四十条第一項第一号 (Article 940, paragraph (1), item (i)), art-940/par-1/item-1 — https://japanlaw.org/ja/companies-act/art-940/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-940/par-1/item-1
- art-66-40/par-6: 第三項 → 会社法 第九百四十条第三項 (Article 940, paragraph (3)), art-940/par-3 — https://japanlaw.org/ja/companies-act/art-940/par-3 · https://japanlaw.org/l/417AC0000000086/art-940/par-3
- art-66-40/par-6: 第九百四十一条 → 会社法 第九百四十一条 (Article 941), art-941 — https://japanlaw.org/ja/companies-act/art-941 · https://japanlaw.org/l/417AC0000000086/art-941
- art-66-40/par-6: 第九百四十六条 → 会社法 第九百四十六条 (Article 946), art-946 — https://japanlaw.org/ja/companies-act/art-946 · https://japanlaw.org/l/417AC0000000086/art-946
- art-66-40/par-6: 第九百四十七条 → 会社法 第九百四十七条 (Article 947), art-947 — https://japanlaw.org/ja/companies-act/art-947 · https://japanlaw.org/l/417AC0000000086/art-947
- art-66-40/par-6: 第九百五十一条第二項 → 会社法 第九百五十一条第二項 (Article 951, paragraph (2)), art-951/par-2 — https://japanlaw.org/ja/companies-act/art-951/par-2 · https://japanlaw.org/l/417AC0000000086/art-951/par-2
- art-66-40/par-6: 第九百五十三条 → 会社法 第九百五十三条 (Article 953), art-953 — https://japanlaw.org/ja/companies-act/art-953 · https://japanlaw.org/l/417AC0000000086/art-953
- art-66-40/par-6: 第九百五十五条 → 会社法 第九百五十五条 (Article 955), art-955 — https://japanlaw.org/ja/companies-act/art-955 · https://japanlaw.org/l/417AC0000000086/art-955
- art-66-40/par-6: 第三項 → 金融商品取引法 第六十六条の四十第三項 (Article 66-40, paragraph (3)), art-66-40/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-40/par-3
- art-66-42/par-1: 第六十六条の二十七 → 金融商品取引法 第六十六条の二十七 (Article 66-27), art-66-27 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-27
- art-66-42/par-1/item-1: 第六十六条の三十第一項 → 金融商品取引法 第六十六条の三十第一項 (Article 66-30, paragraph (1)), art-66-30/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30/par-1
- art-66-42/par-1/item-1: 第三号 → 金融商品取引法 第六十六条の三十第一項第三号 (Article 66-30, paragraph (1), item (iii)), art-66-30/par-1/item-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30/par-1/item-3
- art-66-42/par-1/item-2: 第六十六条の三十第二項 → 金融商品取引法 第六十六条の三十第二項 (Article 66-30, paragraph (2)), art-66-30/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30/par-2
- art-66-42/par-1/item-3: 第六十六条の二十七 → 金融商品取引法 第六十六条の二十七 (Article 66-27), art-66-27 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-27
- art-66-42/par-2: この項 → 金融商品取引法 第六十六条の四十二第二項 (Article 66-42, paragraph (2)), art-66-42/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-2
- art-66-42/par-2: 第六十六条の三十第一項第三号 → 金融商品取引法 第六十六条の三十第一項第三号 (Article 66-30, paragraph (1), item (iii)), art-66-30/par-1/item-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30/par-1/item-3
- art-66-42/par-2: 第六十六条の二十七 → 金融商品取引法 第六十六条の二十七 (Article 66-27), art-66-27 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-27
- art-66-42/par-2: 前項第四号から第六号まで → 金融商品取引法 第六十六条の四十二第一項第四号 (Article 66-42, paragraph (1), item (iv)), art-66-42/par-1/item-4 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-1/item-4
- art-66-42/par-2: 前項第四号から第六号まで → 金融商品取引法 第六十六条の四十二第一項第五号 (Article 66-42, paragraph (1), item (v)), art-66-42/par-1/item-5 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-1/item-5
- art-66-42/par-2: 前項第四号から第六号まで → 金融商品取引法 第六十六条の四十二第一項第六号 (Article 66-42, paragraph (1), item (vi)), art-66-42/par-1/item-6 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-1/item-6
- art-66-42/par-4: 前項 → 金融商品取引法 第六十六条の四十二第三項 (Article 66-42, paragraph (3)), art-66-42/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-3
- art-66-43/par-1: 前条第一項 → 金融商品取引法 第六十六条の四十二第一項 (Article 66-42, paragraph (1)), art-66-42/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-1
- art-66-43/par-1: 第三項 → 金融商品取引法 第六十六条の四十二第三項 (Article 66-42, paragraph (3)), art-66-42/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-3
- art-66-43/par-1: 第六十六条の二十七 → 金融商品取引法 第六十六条の二十七 (Article 66-27), art-66-27 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-27
- art-66-44/par-1: 第六十六条の二十七 → 金融商品取引法 第六十六条の二十七 (Article 66-27), art-66-27 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-27
- art-66-44/par-1: 第六十六条の四十第二項 → 金融商品取引法 第六十六条の四十第二項 (Article 66-40, paragraph (2)), art-66-40/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-40/par-2
- art-66-44/par-1: 第六十六条の四十二第一項 → 金融商品取引法 第六十六条の四十二第一項 (Article 66-42, paragraph (1)), art-66-42/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-1
- art-66-44/par-1: 第三項 → 金融商品取引法 第六十六条の四十二第三項 (Article 66-42, paragraph (3)), art-66-42/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42/par-3
- art-66-45/par-1: この項 → 金融商品取引法 第六十六条の四十五第一項 (Article 66-45, paragraph (1)), art-66-45/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-45/par-1
- art-66-45/par-2: 前項 → 金融商品取引法 第六十六条の四十五第一項 (Article 66-45, paragraph (1)), art-66-45/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-45/par-1
- art-66-46/par-1: この条 → 金融商品取引法 第六十六条の四十六 (Article 66-46), art-66-46 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-46
- art-66-46/par-1: 次項 → 金融商品取引法 第六十六条の四十六第二項 (Article 66-46, paragraph (2)), art-66-46/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-46/par-2
- art-66-46/par-2: 前項 → 金融商品取引法 第六十六条の四十六第一項 (Article 66-46, paragraph (1)), art-66-46/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-46/par-1
- art-66-48/par-1: 第五十七条第一項 → 金融商品取引法 第五十七条第一項 (Article 57, paragraph (1)), art-57/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3/sec-4/from-art-54-2#art-57/par-1
- art-66-48/par-1: 第三項 → 金融商品取引法 第五十七条第三項 (Article 57, paragraph (3)), art-57/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3/sec-4/from-art-54-2#art-57/par-3
- art-66-48/par-1: 第六十六条の二十七 → 金融商品取引法 第六十六条の二十七 (Article 66-27), art-66-27 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-27
- art-66-48/par-1: 第五十七条第二項 → 金融商品取引法 第五十七条第二項 (Article 57, paragraph (2)), art-57/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3/sec-4/from-art-54-2#art-57/par-2
- art-66-48/par-1: 第六十五条の六 → 金融商品取引法 第六十五条の六 (Article 65-6), art-65-6 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3/sec-8#art-65-6
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の二十七 (Article 66-27), art-66-27 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-27
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の二十八 (Article 66-28), art-66-28 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-28
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の二十九 (Article 66-29), art-66-29 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-29
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の三十 (Article 66-30), art-66-30 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-30
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の三十一 (Article 66-31), art-66-31 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-31
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の三十二 (Article 66-32), art-66-32 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-32
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の三十三 (Article 66-33), art-66-33 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-33
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の三十四 (Article 66-34), art-66-34 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-34
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の三十五 (Article 66-35), art-66-35 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-35
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の三十六 (Article 66-36), art-66-36 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-36
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の三十七 (Article 66-37), art-66-37 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-37
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の三十八 (Article 66-38), art-66-38 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-38
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の三十九 (Article 66-39), art-66-39 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-27#art-66-39
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の四十 (Article 66-40), art-66-40 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-40
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の四十一 (Article 66-41), art-66-41 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-41
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の四十二 (Article 66-42), art-66-42 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-42
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の四十三 (Article 66-43), art-66-43 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-43
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の四十四 (Article 66-44), art-66-44 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-44
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の四十五 (Article 66-45), art-66-45 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-45
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の四十六 (Article 66-46), art-66-46 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-46
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の四十七 (Article 66-47), art-66-47 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-47
- art-66-49/par-1: 第六十六条の二十七から前条まで → 金融商品取引法 第六十六条の四十八 (Article 66-48), art-66-48 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/amendments/20270722_508AC0000000064/text/ch-3-3/from-art-66-40#art-66-48
---
## Sources
- claude-opus-5-5 — Corrections to the Ministry of Justice's English of paragraphs, written 2026-10-23
- e-Gov 法令検索, Digital Agency (デジタル庁) — 金融商品取引法 — the text as 令和八年法律第六十四号 leaves it, from a date not yet fixed (https://laws.e-gov.go.jp/law/323AC0000000025/20270722_508AC0000000064), retrieved 2026-10-22
- Japanese Law Translation Database System, Ministry of Justice (法務省) — Financial Instruments and Exchange Act (金融商品取引法), Article 66-40, paragraph (6) — the Ministry of Justice's English as printed (https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb), 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