Act amending the Banking Act and related laws: update to the Long-Term Credit Bank Act

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. 46 of 2021 amends the Banking Act and related laws to strengthen financial functions and ensure stability in response to socioeconomic changes resulting from COVID-19 and other factors. This listing concerns its amendment to the Long-Term Credit Bank Act (Act No. 187 of 1952), with a stated promulgation date of 2021-05-26 and effective date of 2022-05-09.

Business Impact

Long-term credit banks may be affected by the amendment to the Long-Term Credit Bank Act; the listing does not identify the specific provisions or operational changes.

Recommended Action

Review the official Japanese text 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.

1. 2021-05-26 — Promulgated (statute recorded by e-Gov Law Search) 新型コロナウイルス感染症等の影響による社会経済情勢の変化に対応して金融の機能の強化及び安定の確保を図るための銀行法等の一部を改正する法律（令和三年法律第四十六号） (this update) Original Japanese source
2. 2021-11-22 — Effective date stated by e-Gov Law Search 長期信用銀行法 Dashboard page Original Japanese source
3. 2022-05-09 — Effective date stated by e-Gov Law Search 長期信用銀行法 (this update) Original Japanese source