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KBLI Navigator/Section K/66131
KBLI 66131

Financial Market Clearing & Settlement

Kliring dan Setelmen Transaksi di Pasar Keuangan

🏦 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 covers the back-office processing and finalization of trades in financial markets—the clearing and settlement of securities, commodity contracts, foreign exchange, digital assets, and similar instruments. It’s the essential plumbing that ensures funds and assets move correctly between parties after a deal is struck.

What Changed

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

What You Need

Despite being nationally 100% open to foreign ownership, a Bali-based PMA cannot be registered under this KBLI. The local moratorium (effective 13 May 2026) blocks all new foreign companies in this activity, regardless of its low-risk classification, so setting up a clearing and settlement entity in Bali is currently not possible.

Who This Is For

This is for foreign entrepreneurs aiming to build or operate the core settlement infrastructure for a financial exchange—whether for stocks, crypto, or commodity derivatives.

Licensing Overview
Risk LevelMenengah Rendah
License TypeNIB dan Sertifikat Standar
Foreign Ownership100% Open
ProcessingInstant
2020 → 2025
Previous codes (KBLI 2020): 66131
Common Questions
Can foreigners operate a financial market clearing & settlement business in Indonesia?
Nationally yes — but NOT in Bali. KBLI 66131 (Kliring dan Setelmen Transaksi di Pasar Keuangan) 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 66131?
KBLI 66131 has a Menengah Rendah risk classification. Required license: NIB dan Sertifikat Standar. Processing time: Otomatis.
What is KBLI 66131?
KBLI 66131 is the Indonesian business classification code for "Kliring dan Setelmen Transaksi di Pasar Keuangan" (Financial Market Clearing & Settlement). 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 66131 change from KBLI 2020 to 2025?
KBLI 66131 was mapped from previous code 66131 (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

66132Section K

Financial Asset & Futures Custody

Aktivitas Penyimpanan Aset Keuangan dan Kontrak Komoditas Berjangka

→
🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in BaliMedium-Low Risk
66129Section K

Other Securities & Commodity Brokerage

Kepialangan Efek dan Kontrak Komoditas Lainnya

→
🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in BaliMedium-Low Risk
66133Section K

Securities Ownership Administration

Aktivitas Administrasi Kepemilikan Efek

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66127Section K

Carbon Unit Brokerage

Kepialangan Unit Karbon

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66141Section K

Payment Services Provider

Penyediaan Jasa Pembayaran

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66126Section K

Securities Crowdfunding Platform

Penawaran Efek melalui Layanan Urun Dana Berbasis Teknologi Informasi (securities Crowdfunding)

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

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