Author(s): Yurii Tarnavskyi, Dmytro Beseda, Tamara Momotenko, Oleksandr Suvorov, Karakasidi Olena
Description: The aim of the article is to study the key principles and provisions on which the effective implementation of the fight against laundering of the proceeds of crime in Ukraine and in some countries is based. The Subject of Study: The subject of the study is key principles and provisions on which the effective implementation of the fight against laundering of the proceeds from crime is based. Methodology: The methodological basis for the article is a systematic approach, which allowed implementing the principles of a comprehensive analysis of combating laundering of the proceeds from crime in Ukraine and in some other States. To solve the tasks and obtain specific scientific results, the following methods were used: the method of classification and systematization; the method of analysis and synthesis; formalization method; historical and legal method; comparative and legal method; the method of generalization helped to formulate general conclusions and recommendations. The Results of the Study. Ukrainian legal acts, which enshrine the procedure for the fight against laundering of the proceeds from crime were examined. The legislation of some countries regarding the issue under consideration was investigated. The authors proposed the way to improve the mechanisms to combat laundering of the proceeds from crime in Ukraine. Practical Implications: The study of the experience of foreign countries in ensuring the fight against laundering of the proceeds from crime led to the conclusion that today domestic legislation mainly meets the modern requirements of international organizations to combat this problem, but there are some issues that need to be improved based on the analyzed data. Value/Originality. Improving the organization of the national financial monitoring system will contribute to the establishment of Ukraine as a reliable partner in the area of preventing and combating laundering of proceeds from crime in the international arena.