Improvement of the methodical tools of risk-control of bank customers in the financial monitoring system

Abstract

It is proved on the basis of statistics presented in the reports of the State Financial Monitoring Service of Ukraine that banks continue to underestimate their vulnerability to risks or try to manage them using traditional methods. The results of the analysis confirmed the need to achieve the strategic goal - effective detection, control and minimization of risks, which should be key in the fight against money laundering, including through the implementation of comprehensive preventive measures. Employees of structural divisions of banks are invited to form electronic questionnaires of clients and to develop criteria for assessing the risks of clients in the process of identification, verification and study of the bank's clients. A high level of risk (and unacceptably high) is established if the client falls under three or more risk criteria. Applying appropriate control measures will enable banks to minimize the risks of ML / FT associated with high-risk customers.