Abstract
The increase in the level of money laundering is associated with digitalization and technification of all spheres of society, the globalization of financial markets, the consequences of quarantine measures caused by the COVID-19 pandemic, and the new ways of committing money laundering crimes. The paper aims to identify the peculiarities of anti-money laundering activities in Ukraine and outline approaches to increase the effectiveness of combating money laundering in the country. The current state of the problem of money laundering is analyzed based on the study literary sources, regulatory framework and their discussion in the Ukrainian society. An attempt was made to systematize the factors influencing the increase in the level of money laundering. The consequences of increasing the level of money laundering for Ukraine have been determined: a shortfall in state budget revenues, a decrease in the level of the social sphere financing, reduced living standards of the population. It has been emphasized that there is a need for a comprehensive approach to the problem of money laundering, which will include ongoing training for financial audit specialists, the establishment of special units to investigate money laundering crimes, enshrining the classification of money laundering crimes in regulatory documents and the establishment of criminal liability for their commission.
Highlights
The level of money laundering is constantly growing
According to the statistical data of the State Financial Monitoring Service of Ukraine, the number of criminal offenses related to money laundering in 2016 was 159, and in 2018 – 242 crimes
One of the factors influencing the growth of this money laundering is the COVID-19 pandemic, which contributes to the transition of public relations in all spheres of life online
Summary
The level of money laundering is constantly growing. According to the statistical data of the State Financial Monitoring Service of Ukraine, the number of criminal offenses related to money laundering in 2016 was 159, and in 2018 – 242 crimes. Applied; This trend constitutes a serious problem for rel- less frequently than in the United States, the evant intergovernmental organizations, since subject of the crime covers non-income benede-risking may reduce the transparency of finan- fits (for example, the benefit from tax evasion); cial flows and the availability of financial services, which may increase the risks of money laundering the Strasbourg Convention on Criminal and terrorist financing. November 8, 1990 significantly influenced the it makes sense to recognize that today development of anti-legalization legislation in there is a need to update existing theoretical devel- Europe; opments with respect to the modern social realities, globalization of financial markets to identify prob- many European countries have criminalized lematic aspects of anti-money laundering, to identify the legalization of criminal proceeds not as a ways to eliminate the detected shortcomings. The enrichment of individuals and certain groups of people through crimes commission and makes criminal activity more attractive
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