Citation Matching

{{ wayPoint.label }}

{{ wayPoint.label }}

Project 37098 – Task 1237520

Instructions: Identify the Control, if it exists, to which the Citation should be mapped. Task Description: Match the "Article 16-2 (4)" Citation to a Control Authority Document URL: Website URI Document URI

Citation Reference: Article 16-2 (4)

Citation Guidance: A Bank shall, when it intends to make a Company Eligible for Subsidiary Company which falls under any of categories listed in items (i) to (xi) inclusive and (xiii) of paragraph (1) (excluding that which exclusively engages in Dependent Business (meaning Dependent Business defined in paragraph(2)(i); hereinafter the same shall apply in this paragraph and paragraph (7)) or business specified by a Cabinet Office Ordinance as that being incidental or related exclusively to Banking Business (in case of a company which engages in Dependent Business, limited to that engages in it mainly for business operated by the Bank); such a Company Eligible for Subsidiary Company shall be referred to as a "Bank, etc. Eligible for Subsidiary Company" in this Article and paragraph (4) item (i) of the following Article) become its Subsidiary Company, obtain authorization therefor from the Prime Minister in advance, except when an authorization for merger, company split or receiving transfer of business from other company is to be obtained pursuant to the provisions of paragraph (1) to (3) inclusive of Article 30 of this Act or Article 5(1) (Authorization) of Act on Financial Institutions' Merger and Conversion (Act No. 86 of 1968).

Compare Guidance Text

The new guidance differs from the current guidance, see below:
The new guidance is identical to the current guidance.

Control Matches

Why are you sending the task back? (optional)