FINANCIAL HOLDING COMPANIES ACT
ALL
CHAPTER Ⅰ GENERAL PROVISIONS
Article 1 (Purpose)
Article 2 (Definitions)
CHAPTER Ⅱ INCORPORATION, ETC. OF FINANCIAL HOLDING COMPANIES
Article 3 (Authorization)
Article 4 (Standards for Authorization)
Article 5 Deleted.
Article 5-2 (Obligation to Obtain Authorization, etc.)
Article 5-3 (Prohibition from Using Trade Names)
Article 6 (Public Announcement of Authorization, etc.)
Article 6-2 (Reporting of Modification of Capital or Articles of Incorporation)
CHAPTER Ⅲ RESTRICTION AGAINST OWNERSHIP, ETC. OF FINANCIAL HOLDING COMPANIES
Article 6-3 (Restriction against Owning Stocks of Non-Financial Companies by Financial Holding Companies)
Article 6-4 (Restriction against Owning Stocks of Affiliates by Financial Holding Companies)
Article 7 (Restriction against Control Relationship between Financial Institutions and Financial Holding Companies)
Article 7-2 (Approval on Change, etc. of Large Stockholders)
Article 8 (Restriction against Ownership of Stocks of Bank Holding Companies)
Article 8-2 (Restriction against Ownership of Stocks, etc. of NonFinancial Contributors)
Article 8-3 (Appraisal, Inspections, etc. of Conversion Plans)
Article 8-4 (Approval on Stock Holding by Non-Financial Devotees)
Article 8-5 (Approval, etc. on Stock Holdings by Private Equity Funds, etc.)
Article 8-6 (Matters to be Reported by Private Equity Funds, etc.)
Article 8-7 (Obligations of Private Equity Funds, etc.)
Article 9 (Special Cases concerning Foreign Banks, etc.)
Article 10 (Restriction on Voting Rights of Stocks Held in Excess of Limit)
Article 10-2 (Deliberation on Eligibility, etc. of Stockholders who Hold Stocks in Excess of Holding Limit, etc.)
Articles 11 and 12 Deleted.
Article 13 (Special Cases for Bank Holding Companies)
Article 14 Deleted.
CHAPTER Ⅳ BUSINESS OF FINANCIAL HOLDING COMPANIES AND INCLUSION OF COMPANIES AS SUBSIDIARIES THEREOF
Article 15 (Business)
Article 16 (Approval for Inclusion of Company as Subsidiary, etc.)
Article 17 (Requirements for Approving Inclusion of Company as Subsidiary, etc.)
Article 18 (Reporting on Inclusion of Company as Subsidiary, etc.)
Article 19 (Lower-Tier and Second-Tier Subsidiaries)
Article 19-2 (Control of other Companies by Lower-Tier and Second-Tier Subsidiaries which is Financial Investment Business Entity)
CHAPTER Ⅴ SPECIAL CASES CONCERNING NON-BANK HOLDING COMPANIES
SECTION 1 Control, etc. of Non-Financial Companies
Article 20 (Special Cases concerning Non-Financial Companies)
Article 21 (Application of Provisions on Non-Bank Holding Companies)
Article 22 (Special Cases concerning Submitters of Conversion Plan to Non-Bank Holding Company)
SECTION 2 Special Provisions on Insurance Holding Companies
Article 23 (Authorization of Incorporation)
Article 24 (Approval of Inclusion, etc. of Subsidiaries, etc.)
Article 25 (Control, etc. over other Companies by Subsidiaries)
Article 26 (Special Cases concerning Control over other Companies by Lower-Tier Subsidiaries)
Article 27 (Special Cases, etc. concerning Executive Partners of Private Equity Funds)
Article 28 (Special Cases concerning Financial Holding Companies Controling Mutual Savings Banks, etc.)
SECTION 3 Special Provisions on Financial Investment Holding Companies
Article 29 (Authorization of Incorporation)
Article 30 (Approval of Inclusion, etc. of Subsidiary, etc.)
Article 31 (Control, etc. over other Companies by Subsidiaries)
Article 32 (Special Cases concerning Control over other Companies by Lower-Tier and Second-Tier Subsidiaries)
Article 33 (Relation with other Acts concerning Control over Non-Financial Companies)
SECTION 4 Restriction, etc. on Trading between Large Stockholders and Subsidiaries, etc.
Article 34 (Restriction, etc. on Trading, etc. with Large Stockholders)
Article 35 (Ratio of Liabilities of Non-Bank Holding Company)
Article 36 (Special Provisions on Limit on Extension of Credit and Restricted Activities of Subsidiaries, etc.)
Article 37 (Special Cases concerning Inspections on Non-Financial Holding Companies)
CHAPTER Ⅵ OPERATION OF FINANCIAL HOLDING COMPANIES
Article 38 (Qualification Requirements for Executives)
Article 39 (Restrictions on Concurrent Holding of Office by Executives or Employees)
Article 40 (Appointment of Outside Directors)
Article 41 (Audit Committee)
Article 41-2 (Recommendation on Candidates for Members of Audit Committee)
Article 41-3 (Restriction on Rights to Vote of Persons Concerned)
Article 41-4 (Special Cases on Structures of Control of Complete Subsidiaries, etc.)
Article 41-5 (Internal Control Guidelines and Compliance Officers)
Article 42 (Exercise of Minority Stockholders' Rights)
Article 42-2 (Special Cases concerning Standards for Large Stockholders of Subsidiary, etc. of Financial Holding Company)
Article 43 Deleted.
Article 43-2 (Obligation to Own Stocks of Subsidiaries)
Article 43-3 (Obligation to Own Stocks of Lower-Tier Subsidiaries)
Article 44 (Limits to Holding Stocks of other Companies)
Article 45 (Limit on Extension of Credit)
Article 45-2 (Limit on Extension of Credit, etc. for Major Investors of Bank Holding Company)
Article 45-3 (Limit, etc. on Acquisition of Stocks Issued by Major Investors)
Article 45-4 (Prohibition from Exercise of Undue Influence by Major Investors)
Article 45-5 (Demands to Submit Data, etc. to Major Investors)
Article 46 Deleted.
Article 47 (Entrustment of Business between Subsidiaries, etc.)
Article 48 (Restrictions on Conduct by Subsidiaries, etc.)
Article 48-2 (Supply and Management of Personal Credit Information)
Article 48-3 (Prohibition, etc. on Taking Bribes, etc.)
CHAPTER Ⅶ SUPERVISION OF FINANCIAL HOLDING COMPANIES
Article 49 (Supervision)
Article 50 (Guidelines for Sound Management)
Article 51 (Audits)
Article 51-2 (Inspections of Major Investors, etc.)
Article 52 Deleted.
Article 53 (Accumulation of Revenue Reserves)
Article 54 (Business Reports)
Article 55 (Publication, etc. of Financial Statements)
Article 55-2 (Submission, etc. in Electronic Form)
Article 56 (Management Disclosure)
Article 57 (Administrative Dispositions)
Article 57-2 (Notification to Retired Executives, etc. of Measures Taken)
Article 57-3 (Sanction against Private Equity Funds, etc.)
Article 58 (Corrective Measures, etc.)
Article 59 (Hearings)
CHAPTER Ⅷ SUPPLEMENTARY PROVISIONS
Article 60 (Authorization for Merger, etc.)
Article 61 (Matters to be Reported)
Article 62 (Relationship with other Acts)
Article 62-2 (Special Cases for Stock Swaps and Stock Transfers)
Article 63 (Entrustment of Authority)
CHAPTER Ⅸ IMPOSITION AND COLLECTION OF PENALTY SURCHARGES
Article 64 (Penalty Surcharges)
Article 65 (Imposition of Penalty Surcharges)
Article 66 (Presenting Opinions)
Article 67 (Raising Objections)
Article 68 (Extension of Deadline for Payment of Penalty Surcharges and Installment Payment)
Article 69 (Collection of Penalty Surcharges and Dispositions on Arrears)
Article 69-2 (Charges to Compel Execution)
CHAPTER Ⅹ PENAL PROVISIONS
Article 70 (Penal Provisions)
Article 71 (Joint Penal Provisions)
Article 72 (Fines for Negligence)