Reliability note

Titles and AI summaries are unofficial English monitoring aids, not legal advice or official translations. Each link opens the original Japanese official source, which remains authoritative.

Act amending the Payment Services Act and related laws: Labor Bank Act update

安定的かつ効率的な資金決済制度の構築を図るための資金決済に関する法律等の一部を改正する法律

Published: 2022-06-10 · Source: e-Gov Law Search — Updated Laws · Stage: In Force · Area: Finance / AML · Impact (preliminary): Medium · First detected by this dashboard: 2026-10-29

View the original Japanese source More Finance / AML updates Search all updates in the dashboard

AI summary

Generated by AI from the Japanese source metadata. It is an unofficial monitoring aid, not legal advice, and may contain errors. The area, stage, and impact labels are preliminary keyword-based triage labels. Confirm every point in the original Japanese source.

Summary

Act No. 61 of 2022 amends the Payment Services Act and related laws to establish a stable and efficient funds settlement system. This update concerns amendments to the Labor Bank Act (Act No. 227 of 1953); the stated promulgation date is 2022-06-10 and the effective date is 2023-06-01.

Business Impact

Labor banks may be affected by the amendments to the Labor Bank Act, rather than the full range of payment services covered by the amending Act's title; the specific changes are not described in the supplied information.

Recommended Action

Review of the official Japanese source could clarify the amended Labor Bank Act provisions and any transitional arrangements associated with the 2023-06-01 effective date.

Timeline of related official records

Related official records are linked only when names and instrument numbers match exactly, so this timeline may be incomplete. Dates are as stated by the official sources. It is a monitoring aid, not legal advice; the original Japanese sources are authoritative.

  1. 2022-06-10 — Promulgated (statute recorded by e-Gov Law Search) 安定的かつ効率的な資金決済制度の構築を図るための資金決済に関する法律等の一部を改正する法律(令和四年法律第六十一号) (this update) Original Japanese source
  2. 2022-06-10 — Effective date stated by e-Gov Law Search 中小企業等協同組合法、銀行法、長期信用銀行法 Dashboard page Original Japanese source
  3. 2023-06-01 — Effective date stated by e-Gov Law Search 労働金庫法、農業協同組合法、長期信用銀行法 (this update) Original Japanese source