Ismailov Alisher Agzamovich,
Professor of the Department of Banking and Investments
Tashkent State Economic University, Doctor of Economics
Abstract. Laundering of criminally obtained funds poses a risk and threat to the state’s economy, especially to its credit and financial system. And globalization and the acceleration of cross-border capital flows create conditions for the intensification of organized crime, which is increasingly acquiring an international character. Therefore, today, more than ever, transparency and legality of transactions carried out in national financial systems are of great importance. For this reason, it is extremely important to create effective mechanisms to counter criminal proceeds in order not only to protect the performance of the country’s financial and credit system, but also to ensure the proper use of public funds in order to combat the consequences of the financial crisis. The purpose of the article is to analyze the system of combating money laundering as a tool for minimizing the level of the shadow economy and ensuring the security of the state economy.
Key words: legalization, banks, remote servicing, shadow economy, money laundering, risk minimization, criminal proceeds