MECHANISMS FOR INCREASING THE EFFECTIVENESS OF THE COMPLIANCE CONTROL SYSTEM TO PREVENT CORRUPTION IN COMMERCIAL BANKS

Аннотация

this article explores the international experience of the complaense control system to combat corruption in commercial banks. In particular, special attention is paid to the basic approaches, methodology and regulatory requirements used in the banking and financial systems of developed countries. The article developed practical recommendations for commercial banks in our country by analyzing the role of international standards and artificial intelligence technologies in improving the efficiency of the complaence control system. These recommendations are significant in that they are aimed at ensuring the transparency of commercial banks and further improving their reputation in the international arena. The reason is that banks are an important part of the economy of each country, and its stability and efficiency are decisive for economic development and financial security. Also, allowing cases of corruption in the banking industry leads not only to the illegal consumption of financial resources, but also to a decrease in confidence in the financial system in society. Corruption reduces the transparency of banking activities, undermines the legitimacy of financial transactions, and ultimately has a negative impact on economic stability. Therefore, it is important for the sustainable development of the economy that the Prevention of corruption in the banking system isdefined as an important task,effective measures are carried out in thisarea. Keywords: corruption, banks, complaence control, international standards, artificial intelligence, kleptocrats, “whistleblowing”,AML, transparency, risk, digitization. The fight against corruption in our country is recognized as one of the priorities of state policy. Especially since the financial sector is considered one of the relatively high-visibility sectors of corrupt risks, drastic measures are being taken in this direction by the state. In particular, in recent years, ensuring transparency in the financial and banking system of Uzbekistan, reducing corruption risks and implementing a management system in accordance with international standards have become an urgent issue. The risk of corruption in the activities of commercial banks is associated with factors such as lending, public procurement, human resources policy, conflict of interest and poor internal control mechanisms. In this regard, the effective implementation of the complaence control system not only ensures the stable functioning of the bank, but is also an important factor in increasing investment attractiveness and customer confidence. The internal control system against corruption (“komplaens-control”) is an effective system that ensures the organization of the activities of state bodies and organizations and banks in accordance with international standards, laws and other regulatory legal acts in the field of anti – corruption, carries out a number of preventive measures such as timely detection of corruption risks and conflicts of interest and their elimination, reporting violations Compliance units in banks play an important role in controlling corruption risks that may arise as a result of non- compliance withlegislation, internal regulations, andotherregulatory and international standards. https://ijmri.de/index.php/jmsi volume 4,issue8,2025 71 The main goal is to prevent corruption in the banking system and coordinate the management system based on international standards. In this case, relying on the legal analysis of the banking legislation of the Republic of Uzbekistan, the law “on Combating Corruption”, central bank guidelines and FATF recommendations and comparative analysis of positive aspects of the experience of complaence in the banking system of foreign countries, it becomes clear that all the above-mentioned mandatory and recommendation norms can further increase the effectiveness of Corruption in the international arena is a global problem and requires global solutions. Frank Vogl, a member of Transparency International, believes that it is banks that should be the line of Defense for the flow of illegal cash. The reason is that large corrupt individuals are particularly in need of banks, which seek ways to keep safe and secret the money they have been orrring in criminal ways through corruption. All major banks in the world, located in the West, have their own compliance policies in this regard (AML - anti-money laundering). Banks are central players that allow money laundering along with auditors, real estate brokers, art dealers, financial advisers and lawyers. They are today's suppliers and sustainable reform of complex systems of illegal financing, which is possible only when they operate, replacing the culture of maximizing short-term profits with a culture that serves the interests of society. The voluntary actions of all banks, indeed all transnational corporations, are essential to counter the greed of today's kleptocrats (kleptocracy is a system of plundering the state fu