Trust Custody & Management
Penitipan dan Pengelolaan Berdasarkan Perjanjian Trust
🏦 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.
Trust Administration Is Nationally Open, but Closed to PMA Registration in Bali
This activity covers fee- or contract-based custody and management under trust agreements for beneficiaries—open nationally to full foreign ownership, yet unavailable for PMA registration at a Bali address.
National openness does not overcome Bali’s location-specific bar on PMA registration for this activity.
Direct 1:1 match from KBLI 2020 — code and scope unchanged.
What You Need
Who This Is For
Foreign entrepreneurs aiming to provide wealth management, fiduciary, or trust services to high-net-worth individuals or institutional clients.
Regulatory Divergence
The licensing previously shown for 66192 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 66192 'Penitipan dan Pengelolaan Berdasarkan Perjanjian Trust' (trust-based safekeeping and administration of assets under a trust agreement) carries canonical status_mapping='MATCH_LANGSUNG', kbli_2020_source=None, pp28_sources=['66192'] (self-referencing) — asserting the code's own number is an unchanged direct 2020-vintage match. The Lot 5 conductor gate report (§2, conductor-verified by eye, render lampiran5_p222-222.png, BPS Lampiran 5 printed p.208) reads the table row pair '66193 "Wali Amanat (Trustee)" -> 66192 "Penitipan dan Pengelolaan Berdasarkan Perjanjian Trust"' — i.e. the TRUE 2020 ancestor of this 2025 code is 66193, not the self-cited 66192; the digit string '66192' is a code-collision false-positive, since the same page's crosswalk also confirms 2020-66192 ('Kustodian', custodian) properly maps to an unrelated 2025 code (66132, consistent with Lot 4's own by-eye evidence on 66132). SECOND, independent defect verified this session by direct read of the served per_skala payload: the single served row is BYTE-IDENTICAL (json-dump comparison, this session) to the cooperative-rating licensing block carried by 66197/66211/66224/66292/66299/66309 in this same lot — 'Menyampaikan laporan kegiatan kepada kementerian koperasi dan ukm', 'aktivitas pemeringkatan koperasi', rating-personnel certification requirements — topically unconnected to trust administration. Per the report's root-cause finding (§6), this contaminated block traces to PP28's own 2020-vintage lampiran row for digit-string 66292 ('Aktivitas Pemeringkat Usaha Mikro, Kecil, Menengah dan Koperasi'), whose TRUE 2025 home is 66198 (corroborated this session: the current KBLI-2025 record for 66198 carries kbli_2020_source='66292' and its own per_skala serves this identical koperasi block verbatim). No independently-verified alternate crosswalk identity is established for 66192 beyond the true-ancestor read (66193) itself, and per rule #9 this cure does not inject a replacement value: status_mapping and pp28_sources are left UNCHANGED, the true ancestor is recorded HERE as _data_note provenance only. per_skala detached; the licensing regime for trust-based asset administration is not retrievable from the pinned sources as hunted. Lot 5 conductor gate (SIGNED), run wf_0f7438f4-a41, 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 trust custody & management business in Indonesia?
What license is required for KBLI 66192?
What is KBLI 66192?
How did KBLI 66192 change from KBLI 2020 to 2025?
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