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KBLI Navigator/Section K/64220
KBLI 64220

Conduit Financing

Aktivitas Pembiayaan Conduit

🏦 Section K — Financial & Insurance Activities

PMA status not yet verified for this KBLI 2025 code

❓PMA unverifiedAggregated❓Not classifiable — divergence documented

Kelompok ini mencakup kegiatan pembiayaan conduit, misalnya unit yang dibentuk oleh grup lembaga keuangan atau bukan keuangan untuk mengumpulkan atau meminjam dana (mayoritas di pasar terbuka) dan mengirimkan dana tersebut ke induk perusahaan atau entitas lain di dalam grup perusahaan tersebut. Subgolongan ini juga mencakup - aktivitas institusi captive financial yang terlibat dalam pinjaman antar entitas di dalam grup; - brass plate companies yang terlibat dalam pengumpulan dana dan menyalurkannya kepada perusahaan induknya, misalnya unit yang dimiliki oleh unit nonresiden (baik secara langsung maupun tidak langsung) yang sebagian besar bagian neracanya terdiri dari klaim dan liabilitas terhadap unit nonresiden, memiliki sedikit karyawan atau tidak memiliki karyawan sama sekali serta terdapat lokasi fisik yang kecil atau tidak memiliki lokasi fisik sama sekali dalam yurisdiksi perusahaan. Subgolongan ini tidak mencakup - jasa pengelolaan dana dan utang masyarakat, lihat subgolongan 8411.

Authoritative BPS crosswalk
Official BPS 2020 → 2025 crosswalk ancestors: 64200

Source: the BPS 2020↔2025 conversion table, mechanically extracted and acceptance-gate verified. It shows which 2020 codes map to this 2025 code — provenance only, not a licensing claim: the regulatory regime of these predecessor codes has not been adjudicated as transferring.

PP 28/2025 licensing source
PP 28/2025 licensing-source codes (KBLI 2020 numbering): 64200

These codes identify the PP 28/2025 regulatory rows used as licensing sources for this page. They are not the official BPS 2020 → 2025 crosswalk and do not establish predecessor ancestry.

Regulatory Divergence

The licensing previously shown for 64220 was removed because its source could not be verified as applying to this activity. Here is what the sources actually say — with citations.

Correction note — verbatim, with source locators

KBLI 2025 code 64220 'Aktivitas Pembiayaan Conduit' (conduit financing activities — units formed by financial or non-financial groups to raise/borrow funds, mostly on open markets, and channel them to a parent or other group entity) carries canonical status_mapping='MATCH_CON_AGGREGAZIONE', kbli_2020_source='64200', pp28_sources=['64200'], mapping_note "Cleaned: removed invalid ['64220']". Both the D1 and D5 seats returned NO CATEGORY for this code (Lot 3 gate report §3.4): the D2 self-confirmation path could not ground the cited pointer (64200), so neither seat could commit to a specific defect class. The runner applied its #2731 retro-demote rule to quarantine the code as unresolvable_source_pointer rather than leave it uncategorized — the same rule Lot 2's chain-of-custody handling of 49233 treated as semantically equivalent to source_absent_in_vault, but here filed under its own distinct, closed-registry category label (m3: 5 categories seen, all in the closed-7 v2 registry). No independently-verified replacement parent was established — per rule #9, this cure does NOT correct status_mapping or kbli_2020_source for 64220; it remains a detach-only cure with an honest data_note. per_skala detached; the licensing regime for conduit financing is not retrievable from the pinned sources as hunted. Lot 3 conductor gate (second signing), run wf_c00a9ec4-c61, 2026-07-19.

The detached licensing rows (source unverified for this activity)1 row

These rows were previously shown on this page and have been detached — the correction note above documents, with source locators, why their source could not be kept for the activity this page describes. They are preserved here as the audit trail of the divergence.

Mikro, Kecil, Menengah, BesarLow RiskNIBAuthority: Menteri/ Kepala Badan
BPS Peraturan 7/2025 (KBLI 2025 classification)PP 28/2025 (risk-based licensing annexes)OSS RBA ruang-lingkup — no KBLI-2025 scope retrievable via the OSS API (404)

Sources & Verification

Each data layer below traces to a government source with its KBLI vintage — or is declared as a gap. Nothing in these layers is silently filled in.

Activity definition
BPS Peraturan 7/2025 + PP 28/2025VerifiedKBLI 2025

Title and scope as defined by the KBLI-2025 classification.

locator: OSS_RBA_2025_id_version_fff4053d

Risk & licensing
Detached — source could not be verifiedDeclared gap—

The previously-served rows were removed because their source could not be verified as applying to this activity. See Regulatory Divergence above for the documented correction note.

Foreign ownership (PMA)
No adjudicated per-code official basisDeclared gap—

The canonical record declares a verification gap for the current ownership value. The instrument locator layer can identify a potentially applicable provision, but it does not verify this whole-code verdict; confirm it at oss.go.id before relying on it.

Dataset last updated 2026-08-15 · KBLI 2020 and KBLI 2025 reuse code numbers for different activities — cross-vintage rows are labeled, never merged silently.

Common Questions
Can foreigners operate a conduit financing business in Indonesia?
Not yet verified. The canonical record carries a current PMA label for KBLI 64220 (Aktivitas Pembiayaan Conduit), but no adjudicated per-code official basis and source vintage verify that whole-code verdict. Confirm the current treatment at oss.go.id before planning a PT PMA. (No adjudicated per-code official basis and vintage currently verify this verdict; confirm it at oss.go.id before relying on it.)
What license is required for KBLI 64220?
We cannot yet show a verified licensing basis for KBLI 64220: the licensing previously associated with this code was removed because its source could not be verified as applying to this activity. See the Regulatory Divergence section on this page for the documented sources, and verify the current OSS treatment before relying on any licensing assumption.
What is KBLI 64220?
KBLI 64220 is the Indonesian business classification code for "Aktivitas Pembiayaan Conduit" (Conduit Financing). It falls under Section K of KBLI 2025, the Indonesian Standard Industrial Classification updated by BPS (Regulation 7/2025). The June 2026 KBLI 2025 transition window has closed; operators should verify the code's current OSS/NIB treatment before relying on it for licensing, reporting, or amendments.
How did KBLI 64220 change from KBLI 2020 to 2025?
According to the official BPS 2020 → 2025 crosswalk, KBLI 64220 has recorded KBLI 2020 ancestor(s) 64200. This is provenance only, not a licensing claim; no predecessor licensing regime is asserted to transfer. The June 2026 KBLI 2025 transition window has closed. If an NIB still relies on legacy KBLI 2020 mappings, treat the migration as overdue and verify/remediate the OSS record before new license applications, amendments, LKPM, import approvals, or investor/worker sponsorship.

Related Codes

64210Section K

Holding Company

Aktivitas Perusahaan Induk

→
❓PMA unverifiedLow Risk
64310Section K

Money Market Fund

Aktivitas Dana Pasar Uang

→
❓PMA unverified
64320Section K

Non-Money Market Investment Fund

Aktivitas Dana Investasi Bukan Pasar Uang

→
❓PMA unverified
64199Section K

Other Monetary Intermediation

Perantara Moneter Lainnya Ytdl

→
❓PMA unverifiedHigh Risk
64330Section K

Trust, Estate & Agency Services

Aktivitas Trust, Warisan, dan Keagenan

→
❓PMA unverified
64194Section K

Sharia Non-Bank Microfinance

Pembiayaan Mikro Syariah Nonperbankan

→
❓PMA unverifiedHigh Risk
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