The supervisory guidelines and the rules of the Japan Securities Dealers Association call this document a "確認書" (confirmation)12. It is separate from the trade confirmation, in which both sides confirm the terms of the trade after execution.

To distinguish it from the trade confirmation, this site calls the document a written acknowledgment of explanation.

Notes

  1. Financial Services Agency, "金融商品取引業者等向けの総合的な監督指針" (Comprehensive Guidelines for Supervision of Financial Instruments Business Operators, etc.) (October 2026), IV-3-3-2(6)① to ④ (pages 165–166) (in Japanese). ↩

  2. Japan Securities Dealers Association, "協会員の投資勧誘、顧客管理等に関する規則" (Rules on investment solicitation and customer management by association members), Article 8 (obtaining written confirmations from clients), paragraphs 1 and 2 (in Japanese). ↩