FSA Act was enacted on November 22 since mandated by Article 34 of Act No. 23 of 1999 concerning Bank Indonesia showed
the tug where the Financial Services Authority which will serve to organize system of regulation and supervision of integrated
financial services sector. In the development of Act 23 of 1999 amended by the enactment of Act No. 3 of 2004 is a consequence
provisions relating to the supervision of financial services institutions are experiencing changes.There are some inconsistencies
between the provisions of law underlying the establishment of the FSA, and the provisions contained in the FSA itself. Basic
setting is the 1945 establishment of the FSA and the Bank Indonesia Act. This becomes a problem due to the formation of a
juridical FSA will greatly affect the duties of Bank Indonesia, which will ultimately have an impact on the objective of Bank
Indonesia to maintain and stabilize the rupiah. Research goal is to find the issue of legal inconsistencies emergence FSA Act.
This phase is done by finding the ratio legis and the basic ontological settings associated with the emergence of the FSA Act. The
research method is used, among others, that this study is a kind of normative research using secondary data and information
sources as material to analyze the problems. The method of data analysis used is qualitative data analysis methods. Legal
inconsistencies genesis of FSA Act can be concluded from Contitution of 1945 and The Bank Indonesia Act. This phase is done
by finding the ratio legis and the basic ontological settings as sociated with the birth of the FSA from Contitution of 1945 and the
Bank Indonesia Act . Legal inconsistencies between Constitution of 1945 and FSA Act can be concluded from the 1945
Constitution that give independence of Bank Indonesia , in the other side FSA Act obscures the meaning of Bank Indonesia
independence . Legal inconsistencies between the Bank Indonesia Act and the FSA Act is also apparent from the mandate of
the Bank Indonesia Act only divert the supervisory duties of Bank Indonesia while the FSA Act gives authority to FSA itself not
only supervising but also making regulation.