The main purpose of this peer review is to examine two topics that are relevant for financial stability and important for Indonesia: its evolving regulatory structure and crisis management arrangements. Both topics were included in the key recommendations of the IMF-World Bank’s assessment of Indonesia under the Financial Sector Assessment Program (FSAP) in 2010, and are topical for the broader FSB membership. The peer review focuses on the steps taken to date by the authorities to implement reforms in these areas, including by following up on relevant FSAP recommendations.