Other Securities & Commodity Brokerage
Kepialangan Efek dan Kontrak Komoditas Lainnya
🏦 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 blocked for a PT PMA under the 13 May 2026 moratorium. The national procedure below applies only to non-PMA operators.
When an Open Brokerage Meets Bali’s PMA Moratorium
Securities and commodity-contract brokerage is open to foreign investment nationally, yet Bali’s PMA moratorium stops a registration at a Bali address.
Put plainly: nationally this activity is fully foreign-open; for a PMA registration with a Bali address, it is blocked today.
KBLI 2020→2025 mapping: code renumbered.
What You Need
Who This Is For
A foreign entrepreneur in a regulated sector who is prepared to clear a sector-specific licensing review before registering.
Regulatory Divergence
The licensing previously shown for 66129 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 66129 'Kepialangan Efek dan Kontrak Komoditas Lainnya' (securities and other commodity-contract brokerage — brokerage/agency transactions in financial markets on behalf of others not elsewhere classified, e.g. bullion trading on behalf of another party; the code's own uraian explicitly excludes own-account financial-market trading, see 64994) carries canonical status_mapping='CODICE_RINUMERATO', kbli_2020_source='66152', pp28_sources=['66152'], mapping_note "Agent mapping: 66152 (Pialang Perdagangan Berjangka...) [high]" — a distinct crosswalk citation from the other 7 payload_cross_contamination codes in this lot (which are self-referencing MATCH_LANGSUNG), NOT disputed by this cure (the served-payload defect, below, is what this cure adjudicates; the crosswalk metadata is left untouched at [high] confidence). The served per_skala row is verified this session, by direct read of the canonical payload, to be the SAME cooperative-rating licensing regime documented for 66116/66123/66124 above (byte-identical kewajiban block) — topically unconnected to securities/commodity-contract brokerage. Per the detach-all rule (same convention as Lot 1/2/3), the entire per_skala array is detached. Seat-agreement note (Lot 4 gate report §3): this code is one of the runner's only 3 concordant tuples (66116, 66124, 66129). per_skala detached; the licensing regime for securities and commodity-contract brokerage is not retrievable from the pinned sources as hunted. Lot 4 conductor gate (second signing), run wf_66ea406e-b0d, 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.
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.
Title and scope as defined by the KBLI-2025 classification.
locator: OSS_RBA_2025_id_version_fff4053d
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.
The investment-list annexes predate KBLI 2025; the per-code crosswalk audit of this layer is in progress. The value shown is the annex text, disclosed with its vintage.
Conservative posture derived from the risk tier · confidence LOW.
Dataset last updated 2026-07-26 · KBLI 2020 and KBLI 2025 reuse code numbers for different activities — cross-vintage rows are labeled, never merged silently.
Can foreigners operate a other securities & commodity brokerage business in Indonesia?
What license is required for KBLI 66129?
What is KBLI 66129?
How did KBLI 66129 change from KBLI 2020 to 2025?
Related Codes
Financial Market Clearing & Settlement
Kliring dan Setelmen Transaksi di Pasar Keuangan
Carbon Unit Brokerage
Kepialangan Unit Karbon
Financial Asset & Futures Custody
Aktivitas Penyimpanan Aset Keuangan dan Kontrak Komoditas Berjangka
Securities Crowdfunding Platform
Penawaran Efek melalui Layanan Urun Dana Berbasis Teknologi Informasi (securities Crowdfunding)
Securities Ownership Administration
Aktivitas Administrasi Kepemilikan Efek
Money Changer
Aktivitas Penukaran Valuta Asing (money Changer)
Ready to register this business?
Bali Zero handles PT PMA setup, KBLI registration, NIB, and all licensing for KBLI 66129.
PT PMA Setup
IDR 20.000.000
Company registration, KBLI, NIB, domicile
Virtual Office
IDR 5.000.000
Legal address for your PT PMA in Bali
5,000+ companies registered since 2020
Get started on WhatsApp