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KBLI Navigator/Section K/66116
KBLI 66116

Financial Services Supervision (Non-Insurance, Non-Pension)

Aktivitas Pengawasan Jasa Keuangan Selain Asuransi dan Dana Pensiun

🏦 Section K — Financial & Insurance Activities

In Bali: a PT PMA cannot register this code

National procedure — does not apply to a PT PMA in Bali

In Bali this activity is reserved for MSMEs; a PT PMA (large enterprise) cannot register it. The national procedure below applies only to non-PMA operators.

✅Open· 100% nat'l · blocked in BaliMedium-Low RiskDirect Match🏝️🚫Closed in Bali (2026 moratorium)

This activity covers regulatory, supervisory, examination, and investigation functions for financial services outside insurance and pensions — essentially acting as a financial oversight body for sectors like banking, capital markets, fintech, crypto, and commodity trading, including market conduct investigations.

What Changed

Direct 1:1 match from KBLI 2020 — code and scope unchanged.

What You Need

Nationally, a PMA can be 100% foreign owned for this KBLI. However, in Bali, this KBLI is blocked for foreign companies under the current moratorium on low/medium-low risk classifications, meaning you cannot register a PMA with this activity on the island until at least May 13, 2026.

Who This Is For

This suits foreign entrepreneurs aiming to provide outsourced financial supervision, regulatory compliance auditing, or specialized investigative services to financial institutions, though the Bali block makes onshore setup impossible for now.

Licensing Overview
Risk LevelMenengah Rendah
License TypeNIB dan Sertifikat Standar
Foreign Ownership100% Open
ProcessingInstant
2020 → 2025
Previous codes (KBLI 2020): 66116
Common Questions
Can foreigners operate a financial services supervision (non-insurance, non-pension) business in Indonesia?
Nationally yes — but NOT in Bali. KBLI 66116 (Aktivitas Pengawasan Jasa Keuangan Selain Asuransi dan Dana Pensiun) is TERBUKA (100% foreign ownership) at the national level, but a PT PMA currently cannot register it in Bali (reserved for UMKM / 2026 moratorium). Nationally TERBUKA but the Besar scale is 'Menengah Rendah' -> blocked by the Bali PMA moratorium (Gov. letter B.27.000/642, 13 May 2026: all Rendah/Menengah Rendah blocked for a Bali address). [NB-3 28 June 2026] Outside Bali it is open to a PT PMA with no local partner required.
What license is required for KBLI 66116?
KBLI 66116 has a Menengah Rendah risk classification. Required license: NIB dan Sertifikat Standar. Processing time: Otomatis.
What is KBLI 66116?
KBLI 66116 is the Indonesian business classification code for "Aktivitas Pengawasan Jasa Keuangan Selain Asuransi dan Dana Pensiun" (Financial Services Supervision (Non-Insurance, Non-Pension)). 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 66116 change from KBLI 2020 to 2025?
KBLI 66116 was mapped from previous code 66116 (KBLI 2020). This is a direct match — the code number and scope remained the same. 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

66117Section K

Self-Regulatory Organization

Aktivitas Regulator Mandiri

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🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66115Section K

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Penyelenggaraan Sarana Transaksi di Pasar Uang dan Pasar Valuta Asing

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🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66119Section K

Other Financial & Commodity Market Administration

Administrasi Pasar Keuangan, Pasar Berjangka Komoditas, dan Pasar Sejenisnya Ytdl

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🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66114Section K

Alternative-Market Derivatives Trading

Penyelenggaraan Perdagangan Kontrak Derivatif di Pasar Alternatif

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🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66121Section K

Securities Brokerage (Non-Carbon)

Kepialangan Efek Selain Unit Karbon

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🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
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Digital Financial Asset Exchange

Penyelenggaraan Bursa Aset Keuangan Digital

→
🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in BaliMedium-Low Risk
🏢

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