INTERNAL CONTROL SYSTEM IN COMMERCIAL BANKS, ITS CREATION AND EXISTING PROBLEMS

Authors

  • Zokir Mamadiyarov DSc., Professor, International School of Finance and Technology Institute, Uzbekistan
  • Bahodir Odilov Master of the Banking and Academy Republic of Uzbekistan

Keywords:

FATF, money laundering, internal control, internal control system, internal control rules.

Abstract

This article analyzes the importance of the internal control system in commercial banks of the Republic of Uzbekistan. Also, the opinions of world scientists in the field of combating the legalization of criminal income are given. International standards and opinions of foreign scientists about the role of the internal control system in the bank's activities are studied and recommendations are made to eliminate the existing shortcomings.

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Published

2024-05-20

Issue

Vol. 2 No. 5 (2024): American Journal of Public Diplomacy and International Studies

Section

Articles

How to Cite

INTERNAL CONTROL SYSTEM IN COMMERCIAL BANKS, ITS CREATION AND EXISTING PROBLEMS. (2024). American Journal of Public Diplomacy and International Studies (2993-2157), 2(5), 130-137. https://grnjournal.us/index.php/AJPDIS/article/view/4753