Fraud in the banking system of Ukraine: ways to combat taking into account foreign experience

• Kyrychenko, Oleh V. ^[1] ; Soldatenko, Olena A. ^[2] ; Gorokhovska, Olena V. ^[3] ; Voloshyna, Maryna O. ^[2] ; Maksymova, Larysa O. ^[4]
  1. [1] "Dnipro humanitarian university", Dnipro city, Ukraine.
  2. [2] Dnipropetrovsk State University of Internal Affairs, Dnipro city, Ukraine.
  3. [3] Classical Private University, Zaporizhzhia city, Ukraine.
  4. [4] Kyiv University of Tourism, Economics and Law, Kyiv, Ukraine.

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• Localización: Revista Amazonia Investiga, ISSN-e 2322-6307, Vol. 10, Nº. 45, 2021, págs. 208-220
• Idioma: inglés
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• Resumen

  • The article aims to identify effective ways to combat bank fraud in Ukraine. Using the method of systematic analysis of theoretical experience, practical measures and international legislation in the field of combating banking fraud, the main factors influencing the bank fraud level are identified: financial instability of the banking institution, lack of information about the client's credit history, poor internal control, low level of corporate governance, lack of a standard procedure for customers verification, lack of a unified register of bank employees, imperfect legal regulators and a banking control system. The study allowed to identify the characteristics of an effective banking fraud combating system: a clear definition of the legal framework, regulation subjects and objects, strict and guaranteed liability for violations of laws, cooperation of structural units and regulatory authorities at the domestic and international level, state control of financial monitoring. As a result of the study, it was concluded that the successful experience of developed countries, comprehensive implementation of measures to combat bank fraud (at the legislative, bank management and technological level) will not only reduce the level of bank fraud, but also corruption, money laundering and terrorist financing rate.