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KBLI Navigator/Section K/66117
KBLI 66117

Self-Regulatory Organization

Aktivitas Regulator Mandiri

🏦 Section K — Financial & Insurance Activities

In Bali: open to a PT PMA

✅Open· 100% ForeignHigh RiskDirect Match🏝️✅Registrable in Bali· medium conf.

This covers the activities of a self-regulatory organization that creates rules and oversees financial market transactions to ensure they are safe, orderly, and compliant with market policies for its members. Think of an entity like a stock exchange or a clearing house that sets and enforces standards for its own participants.

What Changed

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

What You Need

Nationally, this KBLI is 100% open to foreign ownership. In Bali, the island-wide moratorium (in force since 13 May 2026) only halts PMA registrations for Low and Medium-Low risk lines — this KBLI's large-scale (Besar) risk class is higher, so it is not caught: PMA registration in Bali remains possible.

Who This Is For

A foreign entrepreneur aiming to establish a self-regulatory financial market infrastructure (like an exchange or clearing house) that governs its own members' conduct.

Licensing Overview
Risk LevelTinggi
License TypeNIB + Izin
Foreign Ownership100% Open
ProcessingSesuai ketentuan OJK/BI
2020 → 2025
Previous codes (KBLI 2020): 66117
Common Questions
Can foreigners operate a self-regulatory organization business in Indonesia?
Yes. KBLI 66117 (Aktivitas Regulator Mandiri) is TERBUKA — open to 100% foreign ownership via PT PMA. No local Indonesian partner required.
What license is required for KBLI 66117?
KBLI 66117 has a Tinggi risk classification. Required license: NIB + Izin. Processing time: Sesuai ketentuan OJK/BI.
What is KBLI 66117?
KBLI 66117 is the Indonesian business classification code for "Aktivitas Regulator Mandiri" (Self-Regulatory Organization). 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 66117 change from KBLI 2020 to 2025?
KBLI 66117 was mapped from previous code 66117 (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

66119Section K

Other Financial & Commodity Market Administration

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

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66116Section K

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

Aktivitas Pengawasan Jasa Keuangan Selain Asuransi dan Dana Pensiun

→
🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in BaliMedium-Low Risk
66121Section K

Securities Brokerage (Non-Carbon)

Kepialangan Efek Selain Unit Karbon

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

Money & Forex Market Trading Facility

Penyelenggaraan Sarana Transaksi di Pasar Uang dan Pasar Valuta Asing

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66122Section K

Commodity Futures Brokerage

Kepialangan Perdagangan Komoditas Berjangka

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

Alternative-Market Derivatives Trading

Penyelenggaraan Perdagangan Kontrak Derivatif di Pasar Alternatif

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
🏢

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