Publication Details
Abstract
In this paper has been investigated organization of a compliance and control system based on an integrated management mechanism, which serves to increase the effectiveness of risk management in commercial banks, has been improved, and it is proposed to control AML/CFT, "Know Your Customer" (KYC), sanctions monitoring and operational risk indicators through a single digital platform. The method of assessing compliance risks in commercial banks has been improved, which proposes to assess the limits of improvement based on the levels of 0 ≤ KR < 0.30 - "low", 0.30 ≤ KR < 0.60 - "medium", 0.60 ≤ KR < 0.80 - "high" and 0.80 ≤ KR ≤ 1.00 - "very high" for determining the probability of compliance violations and their financial impact based on an integral index. The ARIMA model was introduced into the activities of Asia Alliance Bank JSCB and Aloqabank. A forecast of the volume of total assets until 2030 was developed.