# 金融商品取引法 / Financial Instruments and Exchange Act — 第四十六条の五 (Article 46-5) - 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: 第四十六条の五 (Article 46-5)（金融商品取引責任準備金） — address `art-46-5` - 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-46-5 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-46-5 - Every provision below carries its address and both URLs on the line under it. - Japanese text: e-Gov 法令検索, Digital Agency (デジタル庁). English: as marked on each line below. Only the Japanese as published by the government has legal effect; the text below is a copy of it. Every English rendering below is a translation and says which kind: the Ministry of Justice's translation, or this site's machine translation, whose model and date the Sources list names. They are never merged and never substituted for one another. --- ### 第四十六条の五（金融商品取引責任準備金） — (Financial Instruments Transaction Liability Reserves) caption: Ministry of Justice translation — Japanese Law Translation Database System art-46-5 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-46-5 · https://japanlaw.org/l/323AC0000000025/art-46-5 **第一項** 金融商品取引業者は、有価証券の売買その他の取引又はデリバティブ取引等の取引量に応じ、内閣府令で定めるところにより、金融商品取引責任準備金を積み立てなければならない。 art-46-5/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-46-5/par-1 · https://japanlaw.org/l/323AC0000000025/art-46-5/par-1 A financial instruments business operator must lay aside financial instruments transaction liability reserves, pursuant to the provisions of Cabinet Office Order, in proportion to the transaction volume of the purchases and sales and other transactions of securities and derivatives transactions, etc. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前項の金融商品取引責任準備金は、有価証券の売買その他の取引又はデリバティブ取引等に関して生じた事故による損失の補てんに充てる場合その他内閣府令で定める場合のほか、使用してはならない。 art-46-5/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-46-5/par-2 · https://japanlaw.org/l/323AC0000000025/art-46-5/par-2 The financial instruments transaction liability reserves referred to in the preceding paragraph must not be used other than when allocated to cover a loss that arises due to problematic conduct in connection with a purchase and sale or other transaction of securities or a derivatives transaction, etc., or in cases otherwise specified by Cabinet Office Order. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-46-5/par-2: 前項 → 金融商品取引法 第四十六条の五第一項 (Article 46-5, paragraph (1)), art-46-5/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-46-5/par-1 · https://japanlaw.org/l/323AC0000000025/art-46-5/par-1 ## Cited by 7 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第二十九条の四の二第六項（第一種少額電子募集取扱業者についての登録等の特例） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-29-4-2/par-6 · https://japanlaw.org/l/323AC0000000025/art-29-4-2/par-6 - 金融商品取引法 第二十九条の四の四第五項（非上場有価証券特例仲介等業者についての登録等の特例） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-29-4-4/par-5 · https://japanlaw.org/l/323AC0000000025/art-29-4-4/par-5 - 金融商品取引法 第四十六条の五第二項（金融商品取引責任準備金） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-46-5/par-2 · https://japanlaw.org/l/323AC0000000025/art-46-5/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/ja/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 第二百八条第一項第七号 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-208/par-1/item-7 · https://japanlaw.org/l/323AC0000000025/art-208/par-1/item-7 - 金融商品取引法 附則第四十条第一項 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4181-65/art-40/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-40/par-1 - 金融商品取引法 附則第四十条第二項 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4181-65/art-40/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-40/par-2 --- ## 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