Article 18 (Delegation of Authority to Conduct Inspection, etc. to Securities and Exchange Surveillance Commission)

(1) Part of the authority delegated to the Commissioner of the Financial Services Agency pursuant to Article 20, paragraph 5 of the Act (excluding the part delegated to the Securities and Exchange Surveillance Commission pursuant to paragraph 6 of the same Article), which is prescribed in Article 13, and Article 14, paragraph 1 of the Act and which is to be exercised with regard to any of the specified business operators listed in Article 2, paragraph 2, items (xxi), (xxx), and (xxxi) of the Act, shall be delegated to the Securities and Exchange Surveillance Commission; provided, however, that this shall not preclude the Commissioner of the Financial Services Agency from exercising him/herself the authority to order the submission of reports or materials.

(2) The Securities and Exchange Surveillance Commission shall, when having exercised the authority delegated under the preceding paragraph, report the result thereof to the Commissioner of the Financial Services Agency.

Article 19 (Delegation, etc. of Authority of Administrative Agency for Transactions Involving Banks, etc.)

(1) Part of the authority delegated to the Commissioner of the Financial Services Agency pursuant to Article 20, paragraph 5 of the Act (hereinafter referred to as the "authority of the Commissioner of the Financial Services Agency"), which is prescribed in Article 13, Article 14, paragraph 1, Article 15 and Article 16 of the Act (excluding the part concerning the matters pertaining to registered financial institution business (which means registered financial institution business prescribed in Article 20, paragraph 3 of the Act; the same shall apply in the following paragraph); hereinafter referred to as the "authority of the Commissioner of the Financial Services Agency to conduct an inspection or order rectification, etc.") and which is to be exercised with regard to any of the specified business operators listed in Article 2, paragraph 2, items (i), (ii), (vi), (xxiii) and (xxiv) (hereinafter referred to as a "bank, etc." in this Article), shall be delegated to the Director-General of the Local Finance Bureau who has jurisdiction over the location of its head office (including the principal branch office of a foreign bank prescribed in Article 47, paragraph 1 of the Banking Act and the principal branch office prescribed in Article 53, paragraph 1 of the Trust Business Act (Act No. 154 of 2004)) or its principal office or business office (hereinafter referred to as the "head office, etc." in this Article) (in the case where the said location exists within the jurisdictional district of the Fukuoka Local Finance Branch Bureau, the Director-General of the Fukuoka Local Finance Branch Bureau); provided, however, that this shall not preclude the Commissioner of the Financial Services Agency from exercising the authority him/herself.

(2) Part of the authority of the Commissioner of the Financial Services Agency, which is prescribed in Article 13 and Article 14, paragraph 1 of the Act (excluding the part concerning the matters pertaining to registered financial institution business; hereinafter referred to as the "authority of the Commissioner of the Financial Services Agency to conduct an inspection, etc.") and which is to be exercised with regard to an office or a business office or facility other than the head office, etc. (hereinafter referred to as a "branch office, etc.") of a bank, etc., may be exercised not only by the Director-General of the Local Finance Bureau or the Director-General of the Fukuoka Local Finance Branch Bureau prescribed in the preceding paragraph but also by the Director-General of the Local Finance Bureau who has jurisdiction over the location of the branch office, etc. (in the case where the said location exists within the jurisdictional district of the Fukuoka Local Finance Branch Bureau, the Director-General of the Fukuoka Local Finance Branch Bureau).

(3) The Director-General of the Local Finance Bureau or the Director-General of the Fukuoka Local Finance Branch Bureau who has requested a branch office, etc. of a bank, etc. to submit reports or materials or asked questions or conducted an on-site inspection thereof (hereinafter referred to as an "inspection, etc." in this paragraph) may, when he/she finds it necessary to conduct an inspection, etc. with regard to the head office, etc. of the bank, etc. or its branch office, etc. other than the said branch office, etc., conduct an inspection, etc. with regard to the said head office, etc. or another branch office, etc.

Article 20 (Delegation, etc. of Authority of Administrative Agency for Transactions Involving Labor Banks, etc.)

(1) The Commissioner of the Financial Services Agency and the Minister of Health, Labour and Welfare shall not, upon exercising their authority prescribed in Article 13 and Article 14, paragraph 1 of the Act (in the case of the Commissioner of the Financial Services Agency, the authority of the Commissioner of the Financial Services Agency to conduct an inspection, etc.) with regard to any of the specified business operators listed in Article 2, paragraph 2, items (iv) and (v) of the Act, be precluded from exercising their authority independently.