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 blocked for a PT PMA under the 13 May 2026 moratorium. The national procedure below applies only to non-PMA operators.
Financial-Market Clearing: Nationally Open, Closed to PMA in Bali
This activity covers clearing and settlement across financial markets, with national foreign ownership open to 100% but PMA registration blocked for a Bali address.
The national 100% ceiling does not override the local result: today, a foreigner cannot register this activity as PMA in Bali.
Direct 1:1 match from KBLI 2020 — code and scope unchanged.
What You Need
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.
Regulatory Divergence
The licensing previously shown for 66131 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 66131 'Kliring dan Setelmen Transaksi di Pasar Keuangan' (clearing and settlement of financial-market transactions, including securities, commodity contracts, money-market and forex transactions, digital financial assets, and other financial-market transactions) carries a served per_skala row verified this session, by direct read of the canonical payload, to be the SAME cooperative-rating licensing regime documented above for the other codes in this lot's payload_cross_contamination class (byte-identical kewajiban block) — topically unconnected to clearing and settlement of financial-market transactions. canonical status_mapping='MATCH_LANGSUNG', pp28_sources=['66131'] — crosswalk metadata NOT disputed by this cure; the defect is confined to the served payload. Per the detach-all rule (same convention as Lot 1/2/3), the entire per_skala array is detached. per_skala detached; the licensing regime for financial-market clearing and settlement 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 financial market clearing & settlement business in Indonesia?
What license is required for KBLI 66131?
What is KBLI 66131?
How did KBLI 66131 change from KBLI 2020 to 2025?
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