With Regard To The Question Of Ensuring The Bank's Economic Security

Abstract

The article considers the basic conditions for maintaining the economic security of the bank, the importance of information flows in its internal control system and the main tasks of the integrated information system. The creation of such a system in the bank will allow harmonizing the management process within the framework of the concept of economic security. It has been revealed that today the issue of economic security of banks is under study and is the subject of increased attention of many modern scientists. The paper explores the model of “three lines of defence”, which regulates the elements of internal control; classification and key banking risks identified. The combination of banking risks leads to threats to the normal functioning of the bank and weakens the system of its economic security. Based on the study, the author developed a “four lines of defence” model of the bank, which includes both internal control within the bank and external control by the Bank of Russia, independent auditors and the Federal Tax Service. On its basis, risk management tools have been developed, which are presented in the model of organizing the system of internal and external control in the bank. Based on the study, recommendations are proposed aimed at improving the system of internal control of the bank.