Act amending financial services legislation: Long-Term Credit Bank Act update
金融サービスの利用者の利便の向上及び保護を図るための金融商品の販売等に関する法律等の一部を改正する法律
Published: 2020-06-12 · Source: e-Gov Law Search — Updated Laws · Stage: In Force · Area: Finance / AML · Impact (preliminary): Medium · First detected by this dashboard: 2026-10-27
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. 50 of 2020, amending the Act on Sales, etc. of Financial Instruments and other laws to improve convenience and protection for financial service users, was promulgated on 2020-06-12. The listed amendment concerns the Long-Term Credit Bank Act (Act No. 187 of 1952), with a stated effective date of 2021-11-01.
Business Impact
Long-term credit banks may be affected by the amendment to their governing Act; the listing does not identify the provisions changed or their operational implications.
Recommended Action
Review the official Japanese source for the amended Long-Term Credit Bank Act provisions, their scope, and any transitional arrangements associated with the stated 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.
- 2020-06-12 — Promulgated (statute recorded by e-Gov Law Search) Original Japanese source
- 2020-06-12 — Effective date stated by e-Gov Law Search Dashboard page Original Japanese source
- 2021-11-01 — Effective date stated by e-Gov Law Search Original Japanese source