Abstract:

The article has explored the features of the risk assessment of legalization of criminal proceeds by entities of initial financial monitoring. The author has grounded the necessity and importance of the risk assessing of legalization of criminal proceeds by entities of initial financial monitoring as they can both directly carry out financial transactions for legalization of illegal proceeds, and also facilitate their implementation. The paper has proposed the method of the risk assessing of legalization of criminal proceeds by a commercial bank. The method is based on the point scale and is characterized by the following advantages in comparison with the  existing ones: it gives enough accurate assessment, it combines the evaluation of quantitative and qualitative indicators, it is simple and convenient in use. The developed method of the risk assessing of legalization of criminal proceed  based on the point scale, can be used by a commercial bank to determine the effectiveness of the system of risk management legalization of proceeds or for the purpose of determining the comprehensive risk of legalization of criminal proceeds of a particular financial transaction, and by the National Bank of Ukraine to determine the frequency of inspections of commercial banks on the issues of financial monitoring.

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