It regulates the grouping of securities company business activities (PEKU) based on companies' capacity and capital level into 3 categories: PEKU 1, PEKU 2, and PEKU 3.
PEKU 1 is focused on limited securities marketing activities, and PEKU 2 is for limited business activities as securities underwriter (PEE) or securities broker (PPE).
PEKU 3 carries out broader business activities as a PEE, PPE, or both, with PPE activities including securities transaction financing, structured products, and foreign securities transaction services.
Minimum paid-up capital and adjusted net working capital (MKBD) are IDR 1bn and IDR 500mn for PEKU 1, IDR 55bn and IDR 50bn for PEKU 2, and IDR 110bn and IDR 100bn for PEKU 3.
It also regulates licensing, approval of ownership and control, single presence policy, positive equity, governance, risk management, compliance, and research requirements.
Effectiveness
Regulation was promulgated on Apr. 29, 2026, and comes into force on the same day.
Existing securities companies must choose a PEKU category by Oct. 29, 2026, meet interim one-year requirements by Apr. 29, 2027, and meet final capital, MKBD, and PEKU 3 compliance director requirements by Apr. 29, 2029.
