# 金融商品取引法 / Financial Instruments and Exchange Act — 第百五十六条の九十 (Article 156-90)

- Law: 金融商品取引法 (Financial Instruments and Exchange Act), 昭和二十三年法律第二十五号
- English title "Financial Instruments and Exchange Act": Ministry of Justice translation
- Kind: Act — the distinction between 法律 (Act), 政令 (Cabinet Order), 省令 (Ministerial Order) and 条例 (local ordinance) decides who may issue it and what it may say.
- Provision: 第百五十六条の九十 (Article 156-90)（改善命令等） — address `art-156-90`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-156-90
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-156-90
- Every provision below carries its address and both URLs on the line under it.
- Japanese text: e-Gov 法令検索, Digital Agency (デジタル庁). English: as marked on each line below.

Only the Japanese as published by the government has legal effect; the text
below is a copy of it. Every English rendering below is a translation and
says which kind: the Ministry of Justice's translation, or this
site's machine translation, whose model and date the Sources list names.
They are never merged and never substituted for one another.

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### 第百五十六条の九十（改善命令等） — (Improvement Orders)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-156-90 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-156-90 · https://japanlaw.org/l/323AC0000000025/art-156-90</sup>

**第一項**  内閣総理大臣は、特定金融指標算出業務の運営に関し改善が必要であると認めるときは、その必要の限度において、特定金融指標算出者に対し、そ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。
<sup>art-156-90/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-156-90/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-90/par-1</sup>
If the Prime Minister finds that improvement is needed in connection with operations of a specified financial index administration services, the Prime Minister may, to the extent necessary, order the specified financial index administrator to take measures that are necessary for the improvement.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第二項**  内閣総理大臣は、特定金融指標算出者が特定金融指標算出業務に関し法令又は法令に基づく処分に違反したときは、当該特定金融指標算出者に対し、六月以内の期間を定めてその業務の全部又は一部の停止を命ずることができる。
<sup>art-156-90/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-156-90/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-90/par-2</sup>
If a specified financial index administrator violates a law or regulation or a disposition based on a law or regulation in connection with its specified financial index administration services, the Prime Minister may order the suspension of all or part of its business during a fixed period of no longer than six months.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第三項**  内閣総理大臣は、前項の規定により業務の全部又は一部の停止を命じたときは、その旨を官報で公示しなければならない。
<sup>art-156-90/par-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-156-90/par-3 · https://japanlaw.org/l/323AC0000000025/art-156-90/par-3</sup>
If the Prime Minister orders the suspension of all or part of the business pursuant to the provisions of the preceding paragraph, the Prime Minister must issue public notice of this in the Official Gazette.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第四項**  内閣総理大臣は、第一項又は第二項の規定に基づいて処分をしようとするときは、行政手続法第十三条第一項の規定による意見陳述のための手続の区分にかかわらず、聴聞を行わなければならない。
<sup>art-156-90/par-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-156-90/par-4 · https://japanlaw.org/l/323AC0000000025/art-156-90/par-4</sup>
Irrespective of the category of procedures for hearing statements of opinion under Article 13, paragraph (1) of the Administrative Procedure Act, before seeking to issue a disposition based on the provisions of paragraph (1) or (2), the Prime Minister must conduct a hearing.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-156-90/par-3: 前項 → 金融商品取引法 第百五十六条の九十第二項 (Article 156-90, paragraph (2)), art-156-90/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-156-90/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-90/par-2
- art-156-90/par-4: 第一項 → 金融商品取引法 第百五十六条の九十第一項 (Article 156-90, paragraph (1)), art-156-90/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-156-90/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-90/par-1
- art-156-90/par-4: 第二項 → 金融商品取引法 第百五十六条の九十第二項 (Article 156-90, paragraph (2)), art-156-90/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-156-90/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-90/par-2
- art-156-90/par-4: 行政手続法第十三条第一項 → 行政手続法 第十三条第一項 (Article 13, paragraph (1)), art-13/par-1 — https://japanlaw.org/ja/administrative-procedure-act/art-13/par-1 · https://japanlaw.org/l/405AC0000000088/art-13/par-1

## Cited by

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

- 金融商品取引法 第百五十六条の九十第三項（改善命令等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-156-90/par-3 · https://japanlaw.org/l/323AC0000000025/art-156-90/par-3
- 金融商品取引法 第百五十六条の九十第四項（改善命令等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-156-90/par-4 · https://japanlaw.org/l/323AC0000000025/art-156-90/par-4
- 金融商品取引法 第百五十六条の九十二第一項（内閣府令への委任） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-156-92/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-92/par-1
- 金融商品取引法 第百九十八条の五第一項第三号 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-198-5/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-198-5/par-1/item-3
- 金融商品取引法 第二百八条第一項第五号 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-208/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-208/par-1/item-5

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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
