# 金融商品取引法 / Financial Instruments and Exchange Act — 第百五十七条 (Supplementary Provisions, Article 157)

- 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: 第百五十七条 (Supplementary Provisions, Article 157) — address `suppl-4181-65/art-157`
- 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-4181-65/art-157
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-157
- 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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### 第百五十七条
<sup>suppl-4181-65/art-157 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4181-65/art-157 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-157</sup>

**第一項**  新金融商品取引法第五十四条の規定の適用については、この法律の施行の際現に旧信託業法第六十七条第一項の登録を受けている者（銀行、協同組織金融機関その他政令で定める金融機関を除く。）は、附則第百四十七条第一項の規定にかかわらず、その登録を受けた日において、新金融商品取引法第二十九条の登録を受けたものとみなす。
<sup>suppl-4181-65/art-157/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4181-65/art-157/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-157/par-1</sup>
For the purpose of the application of the provisions of Article 54 of the New Financial Instruments and Exchange Act, a person who, at the time this Act comes into effect, is registered under Article 67, paragraph (1) of the Former Trust Business Act (excluding a bank, cooperative financial institution or other financial institution specified by Cabinet Order) is deemed, notwithstanding the provisions of Article 147, paragraph (1) of the Supplementary Provisions, to have obtained the registration under Article 29 of the New Financial Instruments and Exchange Act on the day on which they obtained that registration.
<sup>machine translation, not official</sup>

**第二項**  新金融商品取引法第五十四条の規定の適用については、この法律の施行の際現に旧信託業法第六十七条第一項の登録を受けている者（銀行、協同組織金融機関その他政令で定める金融機関に限る。）は、附則第百四十八条第一項の規定にかかわらず、その登録を受けた日において、新金融商品取引法第三十三条の二の登録を受けたものとみなす。
<sup>suppl-4181-65/art-157/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4181-65/art-157/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-157/par-2</sup>
For the purpose of the application of the provisions of Article 54 of the New Financial Instruments and Exchange Act, a person who, at the time this Act comes into effect, is registered under Article 67, paragraph (1) of the Former Trust Business Act (limited to a bank, cooperative financial institution or other financial institution specified by Cabinet Order) is deemed, notwithstanding the provisions of Article 148, paragraph (1) of the Supplementary Provisions, to have obtained the registration under Article 33-2 of the New Financial Instruments and Exchange Act on the day on which they obtained that registration.
<sup>machine translation, not official</sup>

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## Cites
- suppl-4181-65/art-157/par-1: 新金融商品取引法第五十四条 → 金融商品取引法 第五十四条 (Article 54), art-54 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-54 · https://japanlaw.org/l/323AC0000000025/art-54
- suppl-4181-65/art-157/par-1: 附則第百四十七条第一項 → 金融商品取引法 附則第百四十七条第一項 (Supplementary Provisions, Article 147, paragraph (1)), suppl-4181-65/art-147/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4181-65/art-147/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-147/par-1
- suppl-4181-65/art-157/par-1: 新金融商品取引法第二十九条 → 金融商品取引法 第二十九条 (Article 29), art-29 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-29 · https://japanlaw.org/l/323AC0000000025/art-29
- suppl-4181-65/art-157/par-2: 新金融商品取引法第五十四条 → 金融商品取引法 第五十四条 (Article 54), art-54 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-54 · https://japanlaw.org/l/323AC0000000025/art-54
- suppl-4181-65/art-157/par-2: 附則第百四十八条第一項 → 金融商品取引法 附則第百四十八条第一項 (Supplementary Provisions, Article 148, paragraph (1)), suppl-4181-65/art-148/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4181-65/art-148/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-148/par-1
- suppl-4181-65/art-157/par-2: 新金融商品取引法第三十三条の二 → 金融商品取引法 第三十三条の二 (Article 33-2), art-33-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-33-2 · https://japanlaw.org/l/323AC0000000025/art-33-2

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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-20261023T035921-046, 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
