Regulatory Consistency Assessment Programme (RCAP) - Assessment of Basel III risk-based capital regulations - Indonesia

Through its Regulatory Consistency Assessment Programme (RCAP), the Basel Committee monitors the timely adoption of regulations by its members, assesses their consistency with the Basel framework and analyses the quality of intended regulatory outcomes. The RCAP also helps member jurisdictions to identify deviations from the Basel framework and assesses their materiality. 

This report describes the Committee's assessment of the implementation of the Basel capital standards in Indonesia. The Indonesian capital framework is assessed as "largely compliant", which is one notch below the highest grade. The Indonesian authorities amended their regulations during 2016 to address differences identified between the Indonesian rules and the Basel framework. This reflects the commitment of the Indonesian authorities to adopt global prudential standards, both now and as forthcoming standards come into effect.