# 金融商品取引法 / Financial Instruments and Exchange Act — 第二十三条 (Supplementary Provisions, Article 23)

- 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: 第二十三条 (Supplementary Provisions, Article 23) — address `suppl-4041-87/art-23`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4041-87/art-23
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-23
- 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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### 第二十三条
<sup>suppl-4041-87/art-23 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4041-87/art-23 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-23</sup>

**第一項**  この法律の施行の際現に証券会社の常務に従事する取締役である者が旧証券取引法第四十二条の規定による承認を受けて他の会社の常務に従事している場合において、当該他の会社が当該証券会社の新証券取引法第四十二条の三に規定する親銀行等又は子銀行等であるときは、当該承認は、施行日の前日を限り、その効力を失う。この場合において、その者が施行日から一月以内に大蔵省令で定めるところにより大蔵大臣に届出をしたときは、新証券取引法第四十二条の規定にかかわらず、施行日から起算して一年を経過する日までの間は、引き続き当該届出に係る当該他の会社の常務に従事することができる。
<sup>suppl-4041-87/art-23/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4041-87/art-23/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-23/par-1</sup>
If a person who is, at the time this Act comes into effect, a director engaged in the day-to-day business of a securities company is engaged in the day-to-day business of another company with the approval under Article 42 of the Former Securities and Exchange Act, and that other company is a parent bank, etc. or subsidiary bank, etc. of that securities company as prescribed in Article 42-3 of the New Securities and Exchange Act, that approval ceases to be effective as of the day before the effective date; in this case, if that person files a notification with the Minister of Finance as provided by Ministry of Finance Order within one month from the effective date, that person may, notwithstanding Article 42 of the New Securities and Exchange Act, continue to be engaged in the day-to-day business of that other company to which the notification pertains until the day on which one year elapses, counting from the effective date.
<sup>machine translation, not official</sup>

## Cited by

1 provision cites this one. No official source publishes this direction.

- 金融商品取引法 附則第三十三条第一項（その他の経過措置の政令への委任） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4041-87/art-33/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-33/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
- claude-sonnet-5-5, corrected on review by claude-opus-5-5 — Machine translation corrected on review, batch financial-instruments-and-exchange-act-20261023T035921-026, translated 2026-10-23
- This site's parser, version 212 — 金融商品取引法 — structure, counts, cross-references and defined terms, computed 2026-10-22
