The risk of money laundering: overview through the operations of insurance companies

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2020

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Sumy State University
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Abstract

The expandance of global integration processes in the world economy in recent years has created favorable conditions for criminal structures for money laundering. This issue became extremely acute on the background of the growing size of the shadow economy in Ukraine. Nowadays, scientists mostly pay attention to the using of banking operations to money laundering. Instead, very small attention is paid to money laundering through insurance companies. Therefore, it is important to identify and describe the risk of money laundering through the operations of insurance companies

Keywords

ризик, risk, відмивання грошей, money laundering, страхові компанії, insurance companies, фінансові установи, financial institutions, отмывание денег, страховые компании, финансовые учреждения, риск

Citation

The risk of money laundering: overview through the operations of insurance companies [Тех] / S. Lieonov, S. Mynenko, O. Kuzmenko, O. Liulov, K. Hrek // Socio-Economic Challenges: Proceedings of the International Scientific and Practical Conference, Sumy, November 3–4, 2020. Sumy : Sumy State University, 2020. – P. 193-198

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