Problem aspects of interaction of law enforcement authorities in the field of countering money laundering

Oleg Reznik; Olha Bondarenko; Nadiia Horobets; Andriana Kostenko; Mykola Nazarov

doi:10.34069/AI/2021.48.12.18

Oleg Reznik Sumy State University, Ukraine. https://orcid.org/0000-0003-4569-8863
Olha Bondarenko Sumy State University, Ukraine. https://orcid.org/0000-0002-2288-1393
Nadiia Horobets Sumy State University, Ukraine. https://orcid.org/0000-0002-0282-2775
Andriana Kostenko Sumy State University, Ukraine. https://orcid.org/0000-0002-8970-4244
Mykola Nazarov Sumy State University, Ukraine. https://orcid.org/0000-0002-4504-7908

DOI: https://doi.org/10.34069/AI/2021.48.12.18

Keywords: legalization, money laundering, criminal income, law enforcement agencies, interaction.

Abstract

One of the biggest obstacles to maintaining an effective international financial system is money laundering. Money laundering is also extremely difficult to investigate and prosecute. The latter task is entrusted to law enforcement agencies. The purpose of the article is to characterize the problematic aspects of law enforcement cooperation in the field of combating money laundering in Ukraine and finding optimal ways to solve them. During the study, the authors used the following methods: dialectal, terminological analysis and operationalization of concepts, analysis and refinement, analysis, and synthesis, sociological and statistical. The article emphasizes that the normative sources of ways of interaction between law enforcement agencies in the field of combating money laundering are set out in a rather fragmentary manner, without any specifics regarding the specific boundaries, scope of cooperation. This situation inevitably leads to various kinds of abuse and conflict. In our opinion, given the importance of the task of combating money laundering, the main task is to clearly regulate the ways and methods of cooperation between law enforcement agencies in this area and the introduction of administrative liability for failure to take measures or evasion of such cooperation.

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Author Biographies

Oleg Reznik, Sumy State University, Ukraine.

Doctor of Juridical Sciences, Associate Professor, Department of Administrative, Economic Law and Financial and Economic Security, Sumy State University, Ukraine.

Olha Bondarenko, Sumy State University, Ukraine.

Ph.D in Law, Senior Lecturer, Department of Criminal Legal Disciplines and Procedure, Sumy State University, Ukraine.

Nadiia Horobets, Sumy State University, Ukraine.

Ph.D in Law, Lecturer, Department of Administrative, Economic Law and Financial and Economic Security, Sumy State University, Ukraine.

Andriana Kostenko, Sumy State University, Ukraine.

Ph.D Associate professor of the Department of psychology, political science and socio-cultural technologies of Sumy State University, Ukraine.

Mykola Nazarov, Sumy State University, Ukraine.

Ph.D Senior lecturer of the Department of psychology, political science and socio-cultural technologies of Sumy State University, Ukraine.

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