Article 1(1)The terms "funds transfer services", "funds transfer service provider", "foreign funds transfer service provider", "certified association for payment service providers", "trust company, etc." and "deposit-taking institutions" as used in this Cabinet Office Order mean, respectively, the "funds transfer services", "funds transfer service provider", "foreign funds transfer service provider", "certified association for payment service providers", "trust company, etc.", and "deposit-taking institutions" that are provided for in Article 2 of the Payment Services Act (hereinafter referred to as the "Act").

(2)The terms "type I funds transfer services", "type II funds transfer services" and "type III funds transfer services" as used in this Cabinet Office Order mean, respectively, the "type I funds transfer services", "type II funds transfer services", and "type III funds transfer services" that are provided for in Article 36-2 of the Act.

Article 1-2The requirements specified by Cabinet Office Order that is provided for in Article 2-2 of the Act are that the beneficiary (meaning the beneficiary prescribed in that Article; hereinafter the same applies in this Article) is an individual (excluding an individual who becomes a beneficiary as a business or for the purpose of business), and that the relevant act satisfies any of the following requirements:

Article 2If there is a document to be submitted to the Commissioner of the Financial Services Agency (or, if applicable, to the Directors-General of Local Finance Bureaus or the Director-General of the Fukuoka Local Finance Branch Bureau (hereinafter referred to as the "Director-General") to whom the authority of the Commissioner of the Financial Services Agency has been delegated pursuant to the provisions of Article 30, paragraph (1) of the Order for Enforcement of the Payment Services Act (hereinafter referred to as the "Order"); hereinafter the same applies except in Article 12, Article 19, item (v), Article 20, Article 21-5, Article 40, and Article 41) pursuant to the provisions of the Act (limited to Chapter III; the same applies in the following Article), the Order (limited to Chapter III; the same applies in the following Article), or this Cabinet Office Order which, due to special circumstances, cannot be prepared in Japanese, a Japanese translation must be attached to it; provided, however, that if the document in question is the articles of incorporation prepared in English, it is to be sufficient to attach a Japanese translation of a summary of it.

Article 3If a document to be submitted to the Commissioner of the Financial Services Agency pursuant to the provisions of the Act, the Order, or this Cabinet Office Order contains items indicated in a foreign currency, the equivalent amounts translated into Japanese currency and the standard used for the translation must be included in the document's supplementary notes.

Article 4A person seeking the registration referred to in Article 37 of the Act must submit to the Commissioner of the Financial Services Agency a written application for registration set forth in Article 38, paragraph (1) of the Act prepared based on Appended Form No. 1 (or, in the case of a foreign funds transfer service provider, Appended Form No. 2), attaching the documents set forth in paragraph (2) of that Article.

Article 5The particulars specified by Cabinet Office Order that are provided for in Article 38, paragraph (1), item (xi) of the Act are:

Article 6The documents specified by Cabinet Office Order that are provided for in Article 38, paragraph (2) of the Act are the following documents (limited to one issued within three months prior to the date of application, if the document is certified by a public agency):

Article 7If the Commissioner of the Financial Services Agency gives the notice of registration provided for in Article 39, paragraph (2) of the Act, the Commissioner is to use a written notice of registration that has been prepared based on Appended Form No. 8 to give it.

Article 8The Commissioner of the Financial Services Agency is to keep a register of funds transfer service providers that concerns the funds transfer service providers which the Commissioner has registered, at the local finance bureau or the Fukuoka Local Finance Branch Bureau having jurisdiction over the location of the head office of the relevant funds transfer service provider (or, for a foreign funds transfer service provider, its principal business office in Japan; hereinafter the same applies) and make it available for public inspection.

Article 9(1)The person specified by Cabinet Office Order that is provided for in Article 40, paragraph (1), item (x), (a) of the Act is a person who is unable to adequately make use of the cognitive functioning, decision making, and communication skills needed to properly perform the duties involved in funds transfer services, due to a mental impairment.

(2)If the Commissioner of the Financial Services Agency gives the notice under Article 40, paragraph (2) of the Act, the Commissioner is to use a written notice of registration denial that has been prepared based on Appended Form No. 9 to give it.

Article 9-2A funds transfer service provider seeking to obtain the authorization referred to in Article 40-2, paragraph (1) of the Act must submit to the Commissioner of the Financial Services Agency a written application for authorization prepared based on Appended Form No. 9-2, attaching the business implementation plan referred to in that paragraph that has been prepared based on Appended Form No. 9-3 and documents stating the particulars that are relevant to the business implementation plan.

Article 9-3The particulars specified by Cabinet Office Order that are provided for in Article 40-2, paragraph (1), item (iii) of the Act are:

Article 9-4(1)A funds transfer service provider seeking to obtain authorization for changes to a business implementation plan must submit to the Commissioner of the Financial Services Agency a written application for authorization of changes prepared based on Appended Form No. 9-4, attaching documents stating the particulars that are relevant to the particulars it seeks to change.

(2)The minor changes specified by Cabinet Office Order that are provided for in the second sentence of Article 40-2, paragraph (1) of the Act are:

(3)A funds transfer service provider seeking to make a notification under Article 40-2, paragraph (2) of the Act must submit to the Commissioner of the Financial Services Agency a written change notification prepared based on Appended Form No. 9-5.

Article 9-5A funds transfer service provider seeking to have a change registered as referred to in Article 41, paragraph (1) of the Act must submit to the Commissioner of the Financial Services Agency a written application for registration of changes prepared based on Appended Form No. 9-6, attaching the documents referred to in Article 38, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 41, paragraph (2) of the Act following a deemed replacement of terms.

Article 9-6The documents specified by Cabinet Office Order that are provided for in Article 38, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 41, paragraph (2) of the Act following a deemed replacement of terms, are:

Article 9-7If the Commissioner of the Financial Services Agency gives the notice under Article 39, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 41, paragraph (2) of the Act, the Commissioner is to use a written notice of the registration of changes that has been prepared based on Appended Form No. 9-8 to give it.

Article 9-8If the Commissioner of the Financial Services Agency gives the notice under Article 40, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 41, paragraph (2) of the Act, the Commissioner is to use a written notice of denial of a registration of changes that has been prepared based on Appended Form No. 9-9 to give it.

Article 9-9The changes specified by Cabinet Office Order that are provided for in Article 41, paragraph (3) of the Act are the following changes (excluding those accompanying the change set forth in Article 38, paragraph (1), item (vii) of the Act):

Article 10(1)A funds transfer service provider seeking to make a notification under Article 41, paragraph (3) of the Act must submit to the Commissioner of the Financial Services Agency a written notice of changes prepared based on Appended Form No. 10, attaching the documents set forth in Article 6, items (xiii) and (xiv) relating to the changes sets forth in the items of the preceding Article.

(2)If a funds transfer service provider seeks to file a notification under Article 41, paragraph (4) of the Act, it must submit to the Commissioner of the Financial Services Agency a written notification of changes prepared based on Appended Form 10, attaching documents specified in the following items for the categories of cases respectively prescribed therein (limited to one issued within three months prior to the date of notification, if the document is certified by a public agency):

(3)If a notification under the provisions of the preceding paragraph has been filed in a case set forth in item (ix) of that paragraph, the Director-General in question must notify the other Directors-General referred to in that item to the effect that the notification has been filed.

(4)A Director-General who is notified as referred to in the preceding paragraph is to register the particulars of which the Director-General has been notified in the register of funds transfer service providers and notify the person that made the notification using a written notice of registration provided for in Article 7.

Article 11(1)The period specified by Cabinet Office Order that is provided for in Article 43, paragraph (1), item (i) of the Act is two business days (Sundays, Saturdays, holidays prescribed in the Act on National Holidays (No. 178 of 1948), January 2, January 3, and December 29 to 31 are not to be counted as part of that period, but if this would cause the period in question to exceed one week, that period is to be one week).

(2)The period specified by Cabinet Office Order that is provided for in Article 43, paragraph (1), item (ii) of the Act is three business days (Sundays, Saturdays, holidays prescribed in the Act on National Holidays, January 2, January 3, and December 29 to 31 are not to be counted as part of that period, but if this would cause the period in question to exceed one week, that period is to be one week).

(3)The amount of outstanding obligations in the process of being transferred is the amount specified in each of the following items for the categories of cases prescribed in those items (or the amount arrived at when the amount of obligations owed in relation to exchange transactions involved in any funds transfer services in connection with which the enforcement of the right referred to in Article 59, paragraph (1) of the Act has already been completed, or the amount of obligations owed in relation to the exchange transactions involved in any funds transfer services that have come to fall under the case specified in Article 17, paragraph (2) of the Order as one in which the performance of obligations owed in relation to exchange transactions has been completed, is deducted from the amount specified in the relevant item):

(4)Notwithstanding the provisions of the preceding paragraph, in the cases set forth in the following items, a funds transfer service provider may treat the amount arrived at when the amount specified in each of the following items is deducted from the amount specified in each of the items of the preceding paragraph as the amount of outstanding obligations in the process of being transferred:

(5)If an exchange transaction is carried out in an amount indicated in foreign currency, the amount of outstanding obligations in the process of being transferred is to be calculated by translating the amount indicated in foreign currency to an amount indicated in Japanese currency using the foreign exchange rate as of each business day.

(6)The amount of costs associated with the procedures for the enforcement of the right which are provided for in Article 43, paragraph (2) of the Act is to be the amount calculated in accordance with the methods prescribed in the following items for the categories respectively prescribed in those items:

(7)If business involved in exchange transactions has been succeeded to, until the person succeeding to the relevant business makes security deposits for providing funds transfer services with the official depository in an amount not less than the amount required to be deposited (meaning the amount required to be deposited prescribed in Article 47, item (i) of the Act; hereinafter the same applies except in Article 21-4, paragraph (5), item (iv) and paragraph (7), item (iii), and Article 36-2, paragraph (5)) pursuant to the provisions of Article 43, paragraph (1) of the Act (or until that person makes a notification to the effect that the person has concluded a guarantee contract for security deposits for providing funds transfer services (meaning the guarantee contract for security deposits for providing funds transfer services prescribed in Article 44 of the Act; hereinafter the same applies) under Article 44 of the Act, or places trust property in the trust with a notification being made to the effect that the person has concluded a trust agreement for security deposits for providing funds transfer services (meaning the trust agreement for security deposits for providing funds transfer services prescribed in Article 45, paragraph (1) of the Act; hereinafter the same applies) under Article 45, paragraph (1) of the Act), the security deposits for providing funds transfer services, guarantee contract for security deposits for providing funds transfer services, or trust agreement for security deposits for providing funds transfer services that has been made or concluded by the person from which the business has been succeeded is deemed to be made or concluded on behalf of the person that has succeeded to the business.

Article 12The bond certificates specified by Cabinet Office Order that are provided for in Article 43, paragraph (3) of the Act are the following bond certificates:

Article 13(1)The estimated value of bond certificates that are deposited to cover the security deposits for providing funds transfer services pursuant to the provisions of Article 43, paragraph (3) of the Act is the amount specified in the following items for the categories of bond certificates respectively prescribed in those items:

(2)The amount arrived at when the amount calculated by the following formula is added to the issue price is deemed to be the face value of bond certificates that have been issued on a discount basis, and the provisions of the preceding paragraph apply:

(3)In the calculation by the formula set forth in the preceding paragraph, the number of years from the issue date to the redemption date and the number of years from the issue date to the deposit date are rounded down to the nearest full year, and the amount arrived at when the difference between the face value and the issue price is divided by the number of years from the issue date to the redemption date is rounded down to the nearest whole yen.

Article 14A funds transfer service provider seeking to make a notification under Article 44 of the Act must submit to the Commissioner of the Financial Services Agency a written notification concerning a guarantee contract for security deposits for providing funds transfer services prepared based on Appended Form No. 11, attaching a copy of the written guarantee contract for security deposits for providing funds transfer services.

Article 14-2The provisions specified by Cabinet Office Order that are provided for in Article 15 of the Order are provisions to the effect that except in the following cases, all or part of the guarantee contract for security deposits for providing funds transfer services may not be canceled:

Article 15(1)The categories for those that are determined to have sound equity capital as specified by Cabinet Office Order that are provided for in Article 16, paragraph (1) of the Order are the categories set forth in the following items for the types of deposit-taking institutions set forth in each of those items:

(2)The term "overseas business locations" as used in items (i), (i)-2, and (ii) of the preceding paragraph means the overseas business locations prescribed in Article 1, paragraph (3) of the Order to Define the Categories Prescribed in Article 26, Paragraph (2) of the Banking Act (Order of the Prime Minister's Office and the Ministry of Finance No. 39 of 2000) or in Article 1, paragraph (3) of the Order Providing for the Categories Prescribed in Article 26, Paragraph (2) of the Banking Act as Applied Mutatis Mutandis Pursuant to Article 17 of the Long Term Credit Bank Act (Order of the Prime Minister's Office and the Ministry of Finance No. 40 of 2000).

(3)The term "overseas locations" as used in paragraph (1), items (i)-3 and (ii) means the overseas locations prescribed in Article 3, paragraph (3) of the Order Providing for the Categories Prescribed in Article 26, Paragraph (2) of the Banking Act as Applied Mutatis Mutandis Pursuant to Article 89, Paragraph (1) of the Shinkin Bank Act (Order of the Prime Minister's Office and the Ministry of Finance No. 41 of 2000).

(4)The term "International Uniform Standard" as used in paragraph (1), items (i) through (i)-3 means the International Uniform Standard prescribed in Article 1, paragraph (4) or Article 3, paragraph (3) of the Order Providing for the Categories, Prescribed in Article 26, Paragraph (2) of the Banking Act, in Article 1, paragraph (4) of the Order Providing for the Categories Prescribed in Article 26, Paragraph (2) of the Banking Act as Applied Mutatis Mutandis Pursuant to Article 17 of the Long Term Credit Bank Act, or in Article 3, paragraph (5) of the Order Providing for the Categories, etc. Prescribed in Article 26, Paragraph (2) of the Banking Act as Applied Mutatis Mutandis Pursuant to Article 89, Paragraph (1) of the Shinkin Bank Act.

(5)The term "non-consolidated capital adequacy ratio" as used in paragraph (1), items (i) through (ii) means the non-consolidated capital adequacy ratio prescribed in Article 1, paragraph (7) of the Order Providing for the Categories Prescribed in Article 26, Paragraph (2) of the Banking Act, in Article 1, paragraph (6) of Order Providing for the Categories Prescribed in Article 26, Paragraph (2) of the Banking Act as Applied Mutatis Mutandis Pursuant to Article 17 of the Long Term Credit Bank Act, or in Article 3, paragraph (6) of the Order Providing for the Categories Prescribed in Article 26, Paragraph (2) of the Banking Act as Applied Mutatis Mutandis Pursuant to Article 89, Paragraph (1) of the Shinkin Bank Act; the terms "non-consolidated common equity tier 1 ratio", "non-consolidated tier 1 ratio", and "non-consolidated total capital adequacy ratio" as used in paragraph (1), item (i) mean the non-consolidated common equity tier 1 ratio, non-consolidated tier 1 ratio, and non-consolidated total capital adequacy ratio prescribed in Article 1, paragraph (7) of the Order Providing for the Categories, etc. Prescribed in Article 26, Paragraph (2) of the Banking Act; and the terms "non-consolidated common capital contribution tier 1 ratio", "non-consolidated tier 1 ratio", and "non-consolidated total capital adequacy ratio" as used in paragraph (1), item (i)-3 mean the non-consolidated common capital contribution tier 1 ratio, non-consolidated tier 1 ratio, and non-consolidated total capital adequacy ratio prescribed in Article 3, paragraph (6) of the Order Providing for the Categories Prescribed in Article 26, Paragraph (2) of the Banking Act as Applied Mutatis Mutandis Pursuant to Article 89, Paragraph (1) of the Shinkin Bank Act.

(6)The term "domestic standard" as used in paragraph (1), item (ii) means the domestic standard prescribed in Article 1, paragraph (5) or Article 3, paragraph (4) of the Order Providing for the Categories, etc. Prescribed in Article 26, Paragraph (2) of the Banking Act, in Article 1, paragraph (5) of the Order Providing for the Categories. Prescribed in Article 26, Paragraph (2) of the Banking Act as Applied Mutatis Mutandis Pursuant to Article 17 of the Long Term Credit Bank Act, or in Article 3, paragraph (4) of the Order Providing for the Categories Prescribed in Article 26, Paragraph (2) of the Banking Act as Applied Mutatis Mutandis Pursuant to Article 89, Paragraph (1) of the Shinkin Bank Act.

(7)The term "non-consolidated capital adequacy ratio" as used in paragraph (1), item (iii) means: for labor banks or federations of labor banks, the non-consolidated capital adequacy ratio prescribed in Article 2, paragraph (3) of the Order Providing for the Categories Prescribed in Article 26, Paragraph (2) of the Banking Act as Applied Mutatis Mutandis Pursuant to Article 94, Paragraph (1) of the Labor Bank Act (Order of the Prime Minister's Office, the Ministry of Finance and the Ministry of Labour No. 8 of 2000); for credit cooperatives or federations of cooperatives engaging in the business prescribed in Article 9-9, paragraph (1), item (i) of the Small and Medium Sized Enterprise Cooperatives Act, the non-consolidated capital adequacy ratio prescribed in Article 1, paragraph (3) of the Order Providing for the Categories Prescribed in Article 26, Paragraph (2) of the Banking Act as Applied Mutatis Mutandis Pursuant to Article 6, Paragraph (1) of the Act on Financial Businesses by Cooperatives (Order of the Prime Minister's Office and the Minister of Finance No. 42 of 2000); for agricultural cooperatives or federations of agricultural cooperatives engaging in the business prescribed in Article 10, paragraph (1), item (iii) of the Agricultural Cooperatives Act, the non-consolidated capital adequacy ratio prescribed in Article 1, paragraph (3) of the Order Providing for the Categories Prescribed in Article 94-2, Paragraph (3) of the Agricultural Cooperatives Act (Order of the Prime Minister's Office, the Ministry of Finance and the Ministry of Agriculture, Forestry and Fisheries No. 13 of 2000); for fisheries cooperatives engaging in the business prescribed in Article 11, paragraph (1), item (iv) of the Fisheries Cooperatives Act or fishery processing cooperatives engaging in the business prescribed in Article 93, paragraph (1), item (ii) of that Act, the non-consolidated capital adequacy ratio prescribed in Article 1, paragraph (3) of the Order Providing for the Categories Prescribed in Article 123-2, Paragraph (3) of the Fisheries Cooperatives Act (Order of the Prime Minister's Office, the Ministry of Finance and the Ministry of Agriculture, Forestry and Fisheries No. 15 of 2000); and for federations of fisheries cooperatives engaging in the business prescribed in Article 87, paragraph (1), item (iv) of that Act or federations of fishery processing cooperatives engaging in the business prescribed in Article 97, paragraph (1), item (ii) of that Act, the non-consolidated capital adequacy ratio prescribed in Article 3, paragraph (3) of the relevant Order.

(8)The terms "non-consolidated capital adequacy ratio", "non-consolidated common capital contribution tier 1 ratio", "non-consolidated tier 1 ratio", and "non-consolidated total capital adequacy ratio" as used in paragraph (1), item (iv) mean the non-consolidated capital adequacy ratio, non-consolidated common capital contribution tier 1 ratio, non-consolidated tier 1 ratio, and non-consolidated total capital adequacy ratio prescribed in Article 1, paragraph (3) of the Order Providing for the Categories Prescribed in Article 85, Paragraph (2) of the Norinchukin Bank Act (Order of the Cabinet Office, the Ministry of Finance and the Ministry of Agriculture, Forestry and Fisheries No. 3 of 2001).

(9)The term "non-consolidated capital adequacy ratio" as used in paragraph (1), item (v) means the ratio arrived at using the formula for the standard prescribed in Article 23, paragraph (1), item (i) of the Shoko Chukin Bank Limited Act (Act No. 74 of 2007), and the terms "non-consolidated common equity tier 1 ratio", "non-consolidated tier 1 ratio", and "non-consolidated total capital adequacy ratio" as used in paragraph (1), item (v) mean the ratios arrived at using the relevant formula out of the non-consolidated capital adequacy ratio.

Article 16(1)The category for those that are determined to be at the level of solvency in terms of the ability to pay out insurance proceeds, etc. as specified by Cabinet Office Order which is provided for in Article 16, paragraph (2), item (i) of the Order is one in which the ratio indicating the level of solvency in terms of ability to pay out insurance proceeds, etc. that is included in the latest explanatory documents on the status of business and property is at least 200 percent.

(2)The term "ratio indicating the level of solvency in terms of ability to pay out insurance proceeds, etc." as prescribed in the preceding paragraph means a rate arrived at using the formula associated with the standard prescribed in the relevant of the following items for the category prescribed in that item:

(3)The persons specified by Cabinet Office Order that are provided for in Article 16, paragraph (2), item (i) of the Order are insurance companies, foreign insurance companies, etc., or underwriting members.

Article 17If a funds transfer service provider seeks to cancel all of a guarantee contract for security deposits for providing funds transfer services, it is to submit to the Commissioner of the Financial Services Agency a written notification of the cancellation of a guarantee contract for security deposits for providing funds transfer services prepared based on Appended Form No. 12.

Article 18A funds transfer service provider seeking to file a notification under Article 45, paragraph (1) of the Act must submit to the Commissioner of the Financial Services Agency a written notification of a trust agreement for security deposits for providing funds transfer services prepared based on Appended Form No. 13, attaching a copy of the written trust agreement for security deposits for providing funds transfer services.

Article 19The particulars specified by Cabinet Office Order that are provided for in Article 45, paragraph (2), item (iv) of the Act are the following:

Article 20(1)The bank deposits and savings specified by Cabinet Office Order that are provided for in Article 45, paragraph (3) of the Act are bank deposits and savings with a deposit-taking institution.

(2)The bond certificates specified by Cabinet Office Order that are provided for in Article 45, paragraph (3) of the Act are the following bond certificates (including those for which ownership of associated rights is determined based on entries or records in the book-entry account register under the provisions of the Act on Book-Entry Transfer of Corporate Bonds and Shares; hereinafter the same applies):

Article 21If the bond certificates are used as trust property pursuant to the provisions of Article 45, paragraph (3) of the Act or if the bond certificates are held as the investment of trust property pursuant to the provisions of Article 19, item (v), (a), the estimated value of the relevant bond certificates is an amount not exceeding the amount arrived at when the market value of the relevant bond certificates as of each business day of the funds transfer service provider is multiplied by the percentage specified in the following items for the categories of bond certificates prescribed in those items:

Article 21-2If a funds transfer service provider seeks to cancel all of a trust agreement for security deposits for providing funds transfer services, the provider is to submit to the Commissioner of the Financial Services Agency a written notification of the cancellation of the trust agreement for security deposits for providing funds transfer services prepared based on Appended Form No. 14.

Article 21-3The methods specified by Cabinet Office Order that are provided for in Article 45-2, paragraph (1), item (i) of the Act are the following methods:

Article 21-4(1)A funds transfer service provider seeking to make a notification under Article 45-2, paragraph (1) of the Act must submit to the Commissioner of the Financial Services Agency a written notification prepared based on Appended Form No. 15.

(2)The particulars specified by Cabinet Office Order that are provided for in Article 45-2, paragraph (1), item (iii) of the Act are the following particulars:

(3)The rate of management by bank deposits or savings and other particulars specified by Cabinet Office Order that are provided for in Article 45-2, paragraph (3) of the Act are the particulars set forth in items (iii) and (iv) of the preceding paragraph.

(4)A funds transfer service provider seeking to make a notification under Article 45-2, paragraph (3) of the Act must submit to the Commissioner of the Financial Services Agency a written notice of changes prepared based on Appended Form No. 16.

(5)The particulars specified by Cabinet Office Order that are provided for in Article 45-2, paragraph (3) of the Act are the following particulars:

(6)A funds transfer service provider seeking to make a notification under Article 45-2, paragraph (5) of the Act must submit to the Commissioner of the Financial Services Agency a written notification prepared based on Appended Form No. 17.

(7)The particulars specified by Cabinet Office Order that are provided for in Article 45-2, paragraph (5) of the Act are the following particulars:

Article 21-5(1)A funds transfer service provider (limited to one to which the provisions of Article 45-2, paragraph (1) of the Act apply; hereinafter the same applies in this Article) must have a certified public accountant or an audit corporation audit the status of money management that it does through the method of management by bank deposits or savings (meaning the method of management by bank deposits or savings prescribed in Article 45-2, paragraph (1), item (i) of the Act; the same applies in Article 33, paragraph (1), item (x), (b)) (hereinafter this audit is referred to as an "audit of the management of money by the bank deposits or savings method" in the following paragraph, Article 33, paragraph (1), item (x), (c), and Article 35-2, paragraph (2), item (ii), (d)) based on the provisions of Article 45-2, paragraph (2) of the Act, at least once each year, in accordance with the rules designated by the Commissioner of the Financial Services Agency.

(2)The following persons may not conduct an audit of the management of money by the bank deposits or savings method:

Article 22(1)If any security deposits for providing funds transfer services are required based on the order under Article 46 of the Act, the deposits must be made to the official depository nearest to the head office of the funds transfer service provider that concluded the guarantee contract for security deposits for providing funds transfer services or trust agreement for security deposits for providing funds transfer services.

(2)A person that has made the deposit set forth in the preceding paragraph must submit to the Commissioner of the Financial Services Agency a written notification prepared based on Appended Form No. 18 without delay, attaching the authenticated copy of the certificate of that deposit .

Article 23The public notice under Article 17, paragraph (2), item (ii) of the Order is to be given by publication in the Official Gazette or in a daily newspaper that publishes information on current events, or as an electronic public notice (meaning the electronic public notice prescribed in Article 2, item (xxxiv) of the Companies Act).

Article 24A funds transfer service provider, in keeping with the content of its business and its business methods, must take measures to sufficiently manage the electronic data processing systems associated with its funds transfer services.

Article 25A funds transfer service provider must take necessary and appropriate measures to prevent leakage, loss, or damage of the information it handles concerning individuals who are users of its funds transfer services, as it relates to managing the security of that information, supervising its employees, and, if applicable, to supervising the person it has entrusted with handling that information.

Article 26When a funds transfer service provider handles information concerning the race, creed, family origin, registered domicile, healthcare treatment, criminal background of an individual user of the funds transfer services or any other such special non-public information concerning such a user (meaning information it has learned in the course of business that is not available to the public), it must take measures to ensure that the information is not used for a purpose other than ensuring the appropriate operation of its services and for other purposes which are found to be necessary.

Article 27If a funds transfer service provider entrusts a third party with some of its funds transfer services, it must take the following measures in accordance with the details of the entrusted services:

Article 28(1)Before carrying out an exchange transaction with the user of funds transfer services, a funds transfer service provider must first provide the user with an explanation intended to prevent the misconception that the exchange transaction will be carried out by a deposit-taking institution, by delivering documents or any other appropriate methods.

(2)When a funds transfer service provider provides the explanation prescribed in the preceding paragraph, it is to explain the following particulars:

Article 29(1)Before carrying out an exchange transaction with a user of its funds transfer services, a funds transfer service provider must provide the user with information about the terms and conditions of the contract concerning the exchange transaction by the means prescribed in the following items for the categories of cases prescribed in those items:

(2)If a funds transfer service provider carries out an exchange transaction in which it issues an exchange certificate or other instrument representing the rights associated with the obligations it owes in connection with the exchange transactions that it carries out (hereinafter referred to as "exchange certificate or other such instrument"), and it has indicated the following particulars on the exchange certificate or other such instrument, the provisions of the preceding paragraph do not apply:

Article 29-2Before carrying out an exchange transaction with a user of its funds transfer services, a funds transfer service provider must provide the user with information about the following particulars by delivering documents or any other appropriate means:

Article 30(1)When a funds transfer service provider has received money or other funds from a user of its funds transfer services in connection with the exchange transactions that it carries out, it must deliver a document containing the following particulars to the relevant user without delay; provided, however, that this does not apply if the funds transfer service provider issues an exchange certificate or other such instrument when carrying out an exchange transaction.

(2)When funds are received through a transfer of funds to a bank account for bank deposits or savings, the provisions of the preceding paragraph apply only if the delivery of the referenced document is requested by the user.

(3)After obtaining the consent of the user pursuant to the provisions of the following paragraph, a funds transfer service provider may provide the user with the particulars listed in paragraph (1) by electronic or magnetic means in lieu of delivering the document prescribed in that paragraph. In such a case, the funds transfer service provider is deemed to have delivered the document prescribed in that paragraph.

(4)A funds transfer service provider seeking to provide the particulars listed in paragraph (1) pursuant to the provisions of the preceding paragraph must indicate to the user the type and details of the electronic and magnetic means to be used and obtain the consent of the user in advance, in writing or by electronic or magnetic means.

(5)If a funds transfer service provider that had received the consent under the preceding paragraph has received a notice from the relevant user in writing or by electronic or magnetic means indicating that the user is no longer willing to be provided with information by electronic or magnetic means, the funds transfer service provider must not provide the user with the particulars listed in paragraph (1) by electronic or magnetic means; provided, however, that this does not apply if the user gives the consent under the preceding paragraph again.

(6)The "electronic or magnetic means" referred to in the preceding three paragraphs are those of the means of using an electronic data processing system and of otherwise employing information and communications technology that are provided for in the following items for the categories of cases set forth in those items:

(7)The means prescribed in the items of the preceding paragraph must satisfy the following criteria:

(8)The term "electronic data processing system" as used in paragraph (6), item (ii), (a) means an electronic data processing system through which the electronic device used by the sender is connected with the electronic device used by the recipient over telecommunication lines.

Article 30-2(1)A funds transfer service provider (limited to one that provides type II funds transfer services) must establish a system through which, if the amount of obligations it owes in connection with exchange transactions (limited to those involving type II funds transfer services; hereinafter the same applies in this paragraph) exceeds the amount prescribed in Article 12-2, paragraph (1) of the Order, the funds transfer service provider will confirm whether the funds (limited to those involving type II funds transfer services) of the users who are creditors of these obligations are likely to be used for exchange transactions.

(2)A funds transfer service provider must take measures to return part of the funds received from users that is found unlikely to be used for exchange transactions or other measures to avoid holding that part of the funds.

Article 30-3A funds transfer service provider that has concluded a guarantee contract for security deposits for providing funds transfer services must take measures to prevent the lending of funds or discounting of bills using the funds it has received from users.

Article 30-4(1)A funds transfer service provider that provides two or more categories of funds transfer services must take measures to ensure that each user can easily learn the amount of obligations it owes to that user in connection with exchange transactions for each category of funds transfer services and other status of use for the user for each category of fund transfer services.

(2)If a funds transfer service provider (limited to one that provides type I funds transfer services and the type II funds transfer services) receives funds (limited to those involving type II funds transfer services) from users and bears obligations in relation to exchange transactions involving type II funds transfer services, the funds transfer service provider must take measures to prevent the change of these obligations into obligations in relation to exchange transactions involving type I funds transfer services.

Article 31A funds transfer service provider must take the following measures to ensure the protection of the users of the funds transfer services and ensure the proper and steady operation of funds transfer services:

Article 32A funds transfer service provider, in accordance with the details and means of its services, must prescribe internal rules, etc. concerning the measures to ensure the protection of the users of the funds transfer services and the proper and steady operation of funds transfer services (including the explanation of the details of the measures taken by the funds transfer service provider as specified in Article 51-4 (1) of the Act and the measures to prevent crimes) and establish a system for providing training to employees, a system for providing guidance to the entrusted person, and other systems sufficient to ensure that the services are operated based on the relevant internal rules, etc.

Article 32-2(1)The particulars specified by Cabinet Office Order that are provided for in Article 51-2, paragraph (1) of the Act are the following particulars:

(2)The period specified by Cabinet Office Order that is provided for in Article 51-2, paragraph (2) of the Act is the period necessary for processing the transfer of funds (including the period necessary for resolving the cause not attributable to the funds transfer service provider due to which funds cannot be transferred, such as the case where there is an error in the instructions given by the user regarding the party to whom the funds are to be transferred).

Article 32-3Persons specified by Cabinet Office Order that are provided for in Article 51-4, paragraph (4) of the Act are those who have any of the following qualifications and have engaged in the business of responding to consumer affairs consultations (meaning the consumer affairs consultations prescribed in Article 13, paragraph (3), item (v), (a) of the Consumer Contract Act (Act No. 61 of 2000)) for a period of not less than five years in total:

Article 32-4(1)Measures specified by Cabinet Office Order as Complaint Processing Measures prescribed in Article 51-4, paragraph (4) of the Act are any of the following:

(2)Measures specified by Cabinet Office Order as dispute resolution measures prescribed in Article 51-4, paragraph (5) of the Act are any of the following:

(3)Notwithstanding the provisions of the preceding two paragraphs (limited to paragraph (1), item (v) and item (iv) of the preceding paragraph), a funds transfer service provider must not seek to process complaints related to the funds transfer services or to resolve disputes related to the funds transfer services through the procedures carried out by a corporation falling under any of the following items:

Article 33(1)The books and documents on funds transfer services as prescribed in Article 52 of the Act are the following books and documents:

(2)A funds transfer service provider must preserve the books and documents listed in items (i) through (iii) of the preceding paragraph for at least ten years from the day of the closing of the books, and the books and documents listed in items (iv) through (x) of that paragraph for at least five years from the day of the closing of the books.

Article 34The written report on the funds transfer services prescribed in Article 53, paragraph (1) of the Act must be prepared based on Appended Form No. 19 (in the case of a foreign funds transfer service provider, Appended Form No. 20) by separating it into a business summary and a document containing the status of income and expenditure for each category of funds transfer services and submitted to the Commissioner of the Financial Services Agency within three months from the last day of the relevant business year.

Article 35The written report prescribed in Article 53, paragraph (2) of the Act must be prepared based on Appended Form No. 21 and submitted within one month from March 31, June 30, September 30, and December 31 every year (hereinafter each of these dates is referred to as "base date for reporting" in this Article and paragraph (1), item (ii) and paragraph (2), item (ii) of the following Article) to the Commissioner of the Financial Services Agency.

Article 35-2(1)The documents specified by Cabinet Office Order that are provided for in Article 53, paragraph (3), item (i) of the Act are the documents specified in the following items for the categories of cases respectively prescribed therein:

(2)The documents specified by Cabinet Office Order that are provided for in Article 53, paragraph (3), item (ii) of the Act are the documents specified in the following items for the categories of cases respectively prescribed therein:

(3)The Commissioner of the Financial Services Agency, if the Commissioner finds it necessary, may order a funds transfer service provider to submit the authenticated copy of the certificate of deposit set forth in paragraph (1), item (ii), (a), or the original of the contract document set forth in (c) or (d) of that item.

Article 36The public notice under Article 56, paragraph (2) and Article 58 of the Act is to be given in the Official Gazette.

Article 36-2(1)A funds transfer service provider seeking to make a notification under Article 58-2, paragraph (1) of the Act must submit to the Commissioner of the Financial Services Agency a written notice prepared based on Appended Form No. 22.

(2)The particulars specified by Cabinet Office Order that are provided for in Article 58-2, paragraph (1), item (iii) of the Act are the following particulars:

(3)A funds transfer service provider seeking to make a notification under Article 58-2, paragraph (3) of the Act must submit to the Commissioner of the Financial Services Agency a written notice prepared based on Appended Form No. 23.

(4)The particulars specified by Cabinet Office Order that are provided for in Article 58-2, paragraph (3) of the Act are the following particulars:

(5)If a funds transfer service provider makes a notification under Article 58-2, paragraph (3) of the Act, out of the security deposits for providing funds transfer services made by the funds transfer service provider pursuant to the provisions of Article 43, paragraph (1) of the Act as applied pursuant to the provisions of Article 58-2, paragraph (1) of the Act following the deemed replacement of terms as of the day on which the application of special provisions is terminated (including the security deposits for providing funds transfer services that are, pursuant to the provisions of Article 58-2, paragraph (2) of the Act, deemed to be made pursuant to the provisions of Article 43, paragraph (1) of the Act as applied pursuant to Article 58-2, paragraph (1) of the Act following the deemed replacement of terms), the amount obtained by multiplying the amount of such security deposits for providing funds transfer services by the ratio of the amount required to be deposited (meaning the amount required to be deposited prescribed in Article 58-2, paragraph (4) of the Act) for one category of funds transfer services for which the application of special provisions is terminated as of the base date, etc. immediately preceding the day on which the application of special provisions is terminated to the amount required to be deposited as of the relevant base date, etc. (meaning the amount of security deposits for providing funds transfer services which must be made by the funds transfer service provider pursuant to the provisions of Article 43, paragraph (1) of the Act as applied pursuant to Article 58-2, paragraph (1) of the Act following the deemed replacement of terms) (if the amount thus obtained includes a fraction of less than one yen, such fraction is rounded down) is deemed to be the security deposits for providing funds transfer services for the relevant funds transfer services for which the application of special provisions is terminated.

Article 36-3With regard to the application of the provisions of Articles 11, 14-2, 19, and 33 to the funds transfer services under the special provisions in the case where a funds transfer service provider has made a lump sum deposit (meaning the lump sum deposit prescribed in Article 58-2, paragraph (5), item (iv) of the Act) for the funds transfer services under the special provisions pursuant to paragraph (1) of that Article, the terms listed in the middle column of the following table in the provisions listed in the left-hand column of the table are replaced with the terms listed in the right-hand column of the same table.

Article 37The Commissioner of the Financial Services Agency may entrust to the agents for a regional finance office that distributes security deposits to holders of prepaid payment instruments prescribed in Article 59, paragraph (3) of the Act all or part of the functions involved in giving public notices under paragraph (2) of that Article, the functions involved in issuing notices under Article 19, paragraph (2) of the Order, the functions involved in implementing investigations of rights under paragraph (4) of that Article (including the public notice or provision of an opportunity under that paragraph), the functions involved in preparing, giving public notice, and issuing notices of the distribution table under paragraph (5) that Article, the functions involved in implementing the provisional distribution prescribed in paragraphs (10) and (11) of that Article, and other functions involved in implementing the procedures for the enforcement of rights.

Article 38(1)A person seeking to make a notification under Article 61, paragraph (1) of the Act must submit to the Commissioner of the Financial Services Agency a written notice prepared based on Appended Form No. 24.

(2)The written notice set forth in the preceding paragraph is to contain the following particulars:

(3)The public notice under Article 61, paragraph (3) of the Act is given by publication in the Official Gazette, in a daily newspaper that publishes information on current events, or as an electronic public notice prescribed in Article 2, item (xxxiv) of the Companies Act.

(4)The public notice and the posting at business offices under Article 61, paragraph (3) of the Act includes the method for completing the performance of obligations pursuant to the provisions of paragraph (5) of that Article (excluding the case where a public notice is given due to succession of business for the reason such as assignment of business, merger, or company split).

(5)A funds transfer service provider who has given a public notice under Article 61, paragraph (3) of the Act must immediately submit to the Commissioner of the Financial Services Agency a written notice prepared based on Appended Form No. 25 by attaching a copy of the relevant public notice.

(6)If a funds transfer service provider seeks to discontinue all or part of the funds transfer services for the reason such as assignment of business, merger, or company split, a document containing the terms and conditions of the contract concerning the succession of the relevant business and the method for succession of the relevant business must be attached to the written notice set forth in the preceding paragraph.

Article 39If a funds transfer service provider comes to know that its director, etc. or employee has committed a violation of laws and regulations with regard to the funds transfer services or an act that hinders the proper and steady operation of funds transfer services, it is to submit to the Director-General of a Local Finance Bureau, etc. a written notice prepared based on Appended Form No. 26 containing the following particulars within two weeks from the day on which it came to know the relevant fact:

Article 40(1)When a funds transfer service provider seeks to submit to the Commissioner of the Financial Services Agency the written application for registration prescribed in Article 4 and other documents prescribed in the Act and this Cabinet Office Order (hereinafter referred to as "written application, etc." in the following paragraph and the following Article), the funds transfer service provider must submit through the Director-General of a Local Finance Bureau having jurisdiction over the location of the principal business office or office of the funds transfer service provider (when the office is located within the jurisdictional district (excluding the jurisdictional district of a local finance office) of the Fukuoka Local Finance Branch Bureau, the Director-General of the Fukuoka Local Finance Branch Bureau; and when the office is located within the jurisdictional district of a local finance office or the Otaru Sub-office or Kitami Sub-office of the Hokkaido Local Finance Bureau, the head of the local finance office or sub-office (referred to as the "head of the local finance office, etc." in the following paragraph and the following Article)).

(2)If a funds transfer service provider seeks to submit a written application, etc. to the Director-General of a local finance bureau, etc., and there is a head of the local finance office, etc. with jurisdiction over the location of the head office of the funds transfer service provider, the funds transfer service provider must submit the written application, etc. to the Director-General of a Local Finance Bureau, etc. through the Head of the Local Finance Office, etc.

Article 41A funds transfer service provider seeking to submit a written application, etc. to the Commissioner of the Financial Services Agency or the Director-General of a Local Finance Bureau, etc. (including submission through the Head of the Local Finance Office, etc. pursuant to the provisions of the preceding Article) may submit it through a certified association for payment service providers.

Article 42(1)The Commissioner of the Financial Services Agency is to endeavor to process any application for registration under Article 37 of the Act, registration of changes under Article 41, paragraph (1) of the Act, or authorization under Article 40-2, paragraph (1) of the Act within two months from the day on which the relevant application has arrived at the Commissioner's office.

(2)The period prescribed in the preceding two paragraphs does not include the following period: