LogFAQs > #973697741

Continuous effects in general requires the card to be face up on the field, or it's negated beforehand I guess. There isn't a card that exists that gets rid of a lingering continuous effect.

I somewhat misunderstood the prompt, cuz I was thinking of Tears recently. "if sent to GY by a card effect" effects aren't actually prompted when sent by continuous effects.

The thing about the Metaphys Executor situation, Executor by Penguin Soldier has already been bounced to the hand, which means it's no longer on the field, which means it's no longer protected as it's a continuous effect which requires it to be on the field and face up to be active. So it's bounced to the hand then sent to the banish instead.