Financial monitoring as a tool of the new industrialization:European and Russian experience
- https://doi.org/10.2991/sicni-18.2019.44How to use a DOI?
- financial monitoring; AML; CFT; FATF; the offshore security
The article gives a description of the activities of organizations specialized in combating money laundering: their motivation, the historical aspect of the development of the world practice of struggle. Revealed problems of countries in conditions of new industrialization, associated with excretion of large capital offshore, presents the background of the development of schemes of tax evasion, given the variation in tax rates on income in different countries. The data on tax rates of the countries of Europe and Russia. Set problems related to the prevention of money laundering and financing of terrorism (AML/CFT) in Europe and Russia. Characterized the solutions to these problems. The dependence between the level of offshore operations and the level of state financial control in particular countries. Critical assessment of the work of services involved in the management of tax transparency, economic security in Europe and Russia, the impact of de-offshore. The essence of financial monitoring and its organization in Russia. Set of a number of international organizations established in this area, and the necessity of the implementation of the standards. The dependence of economic security and financial monitoring, as a tool of new industrialization. So, the loss of domestic manufacturing base threatens economic and political security of the country. The essence of the approach to the organization of financial monitoring based on risk assessment. Detailed compliance risk system of combating money laundering, for example credit institutions. Proved the importance of mutual evaluations of achievements in the sphere of counteraction.
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - E. Yu. Omelchenko AU - N. O. Omelchenko PY - 2019/01 DA - 2019/01 TI - Financial monitoring as a tool of the new industrialization:European and Russian experience BT - Proceedings of the 2nd International Scientific conference on New Industrialization: Global, national, regional dimension (SICNI 2018) PB - Atlantis Press SP - 218 EP - 222 SN - 2352-5398 UR - https://doi.org/10.2991/sicni-18.2019.44 DO - https://doi.org/10.2991/sicni-18.2019.44 ID - Omelchenko2019/01 ER -