The object of this study is the process of interaction between regulatory requirements and digital technologies within the risk management system of a modern bank. The key characteristics of the object under study include its high level of integration into the international architecture of banking regulation (Basel III standards, IFRS 9) and the active use of innovative technological solutions such as machine learning, Big Data analytics, RegTech tools, and cloud services to ensure operational continuity. Problem statement. The core research problem lies in the fundamental transformation of the logic of banking risk management under the dual pressure of stringent regulatory constraints and rapid technological progress. In conditions of macroeconomic instability and wartime shocks, risk management ceases to be merely an internal control function and becomes a strategic instrument for ensuring the overall financial stability of a banking institution. Unresolved issues. Despite the significant body of academic literature, digitalization and regulatory aspects are often examined as isolated processes. In particular, the systemic relationship between specific regulatory standards and the development of digital analytical tools remains insufficiently explored, as does the manner in which these technologies enable banks to stabilize capital adequacy (CAR/H2) and liquidity coverage (LCR) indicators in real time. Purpose of the article. The purpose of the study is to provide a theoretical substantiation of the role of regulatory standards as an institutional driver of risk management digitalization and to determine the mechanisms through which digital tools influence the financial stability of a bank in a dynamic environment. Main material. The article analyzes the regulatory framework of the National Bank of Ukraine and international standards (ICAAP, ILAAP) that shape requirements for banks’ analytical infrastructure. Practical cases of leading institutions (PrivatBank, Oschadbank) regarding the implementation of cloud technologies and artificial intelligence are examined. Methods of logical generalization and graphical modeling are applied to develop a four-level framework describing the interaction between regulatory requirements, digital tools, risk parameters, and financial stability indicators. Conclusions. The study demonstrates the existence of a stable bidirectional relationship between regulatory norms and digitalization: regulatory requirements act as an institutional driver of digital transformation, while digital tools contribute to reducing risk parameters and stabilizing regulatory indicators. The findings have theoretical significance for the development of the concept of bank financial stability and practical relevance for improving risk management systems within a dynamic regulatory environment
The article examines the customs strategy of Ukraine as a component of state economic policy and a tool for achieving the Sustainable Development Goals. The object of the study is the customs system of Ukraine in the unity of three key elements: customs taxation, customs administration and the system of customs authorities, which are formed and transformed in the context of military challenges, European integration and global economic changes. Problem statement. The main problem is the insufficient integration of the principles of sustainable development into the customs strategy of Ukraine, which in practice remains predominantly fiscally and institutionally oriented, with limited consideration of environmental, social and regional aspects. Unresolved aspects. Gaps have been identified regarding the environmental dimension of customs taxation, the implementation of circular economy principles, the assessment of the impact of customs decisions on the achievement of the SDGs, the development of environmental risk management, as well as issues of inclusiveness, gender equality and interdepartmental coordination. Purpose of the article. The aim is to scientifically substantiate the role of Ukraine's customs strategy in achieving the Sustainable Development Goals and to identify areas for its improvement, taking into account the provisions of the National Revenue Strategy until 2030. Main material. The article applies institutional, systemic and strategic approaches to the analysis of customs policy, assesses the relationship of customs instruments with the economic, social and environmental Sustainable Development Goals. Conclusions. It is proven that Ukraine's customs strategy has the potential to transform into a comprehensive mechanism for sustainable development, provided that its conceptual boundaries are expanded. The practical significance of the results lies in the possibility of using the conclusions to improve state customs policy and strategic planning.
The object of the study is the disclosure of information on tax risks in companies’ financial statements against the backdrop of heightened regulatory oversight and growing stakeholder demand for transparency. Key characteristics of the object include the multidimensional nature of risks (legal, operational, transfer-pricing, reputational), dependence on management judgment, and the need to balance transparency and confidentiality. Problem statement. Users of financial statements require relevant and comparable information on tax uncertainties; however, the absence of a dedicated standard and divergent interpretations of the rules lead to heterogeneous practice and increase information asymmetry. Unresolved aspects of the problem. Lack of harmonized materiality criteria for tax risks; a gap between financial and non-financial (ESG) disclosures; insufficient detail on assumptions, estimate sensitivity, and triggers for reassessing provisions; the dilemma of commercial sensitivity. Purpose of the article. The study aims to analyze contemporary approaches to tax-risk disclosure under IFRS and to develop a practical, governance-aligned framework that balances transparency with confidentiality. Presentation of the main material. The study applies analysis and synthesis, comparative-legal review of international and national norms, content analysis of companies’ reporting, critical literature review, and expert evaluation. It systematizes typical mechanisms for tax-risk disclosure through: provisions, contingent liabilities, and uncertain tax treatments within current and deferred taxes. Incentives for enhanced transparency are grouped into regulatory, market, and internal drivers. Barriers to implementation are also identified. The article proposes four actionable recommendations: (1) clear, calibrated articulation of risks; (2) legal and professional validation prior to disclosure; (3) balanced note content commensurate with likelihood and impact; and (4) ongoing monitoring and internal control. Conclusions. IFRS provide a methodological foundation for representing tax risks, yet practice remains fragmented. The proposed framework enhances comparability and decision usefulness, reduces information asymmetry, supports risk management and corporate governance, and helps lower the cost of capital and regulatory disputes. Its practical significance lies in providing tools to formalize disclosure policy and to construct transparent notes that meet the expectations of investors and supervisory authorities.
The article examines financial monitoring in the field of virtual asset circulation, including cryptocurrencies, tokenized assets, and decentralized financial platforms. The rapid expansion of the virtual asset market creates new economic opportunities while simultaneously generating heightened risks related to money laundering, terrorist financing, and sanctions evasion, which necessitates effective regulatory and supervisory responses. Problem statement. The core problem lies in the insufficient alignment of national financial monitoring mechanisms for virtual assets with international FATF standards and European regulatory approaches, as well as the fragmented enforcement practices in Ukraine amid the rapid evolution of the crypto market. Unresolved aspects. Despite ongoing regulatory efforts, significant gaps remain in the effective implementation of FATF Recommendation 15, the operationalization of the Travel Rule, coordination among national supervisory authorities, and oversight of decentralized finance services and cross-border virtual asset transactions. Purpose of the article. The purpose of the study is to conduct a comprehensive analysis of international financial monitoring standards applicable to virtual assets, assess current money laundering and terrorist financing risks, and substantiate directions for improving Ukraine’s regulatory framework in line with FATF requirements and EU practices. Main content. The article analyzes the legal nature of virtual assets, FATF requirements for Virtual Asset Service Providers (VASPs), the application of the Travel Rule, and empirical data on illicit crypto transactions based on Chainalysis reports. Particular attention is paid to the European regulatory model established by the Markets in Crypto-Assets Regulation (MiCA), as well as to the comparative analysis of the concepts of VASP and Crypto-Asset Service Provider (CASP). The current state of legal regulation and financial monitoring of virtual assets in Ukraine is also assessed. Conclusions. The study demonstrates that effective financial monitoring of virtual assets can be achieved only through a comprehensive approach combining FATF international standards, harmonization with EU law, advanced analytical technologies, and strengthened institutional capacity of national regulators. The practical value of the research lies in developing recommendations aimed at enhancing Ukraine’s financial security and reducing money laundering and terrorist financing risks in the virtual asset market.
This article provides a comprehensive analysis of the formation and development of an effective financial and investment environment in Ukraine in the context of its strategic commitment to European integration. Statement of the problem. The main issues examined in this article are the existing challenges caused by both internal transformations and war, as well as external integration requirements for Ukraine's financial and investment environment. Unresolved aspects. Uncertainty The environment and underdevelopment of the modern financial and investment environment of Ukraine determine this study. The purpose of the article is to substantiate the conceptual and practical principles for the formation of a competitive financial and investment environment in Ukraine in the context of a long war and the post-war recovery period. Main material. The author substantiates scientific and practical approaches to modernizing the financial architecture, stimulating investment activity and ensuring macro-financial stability as necessary prerequisites for sustainable economic growth and successful integration into the EU. Public administration and regulation in the context of developing an effective financial and investment environment in Ukraine during the war and in the post-war period should include modern approaches to regulating current challenges: 1) ensuring sustainable macro-financial and macroeconomic stability and increasing the level of economic predictability (based on an appropriate synergistic, comprehensive approach, when the National Bank of Ukraine, the Ministry of Finance of Ukraine, the Ministry of Economy of Ukraine, the National Center for Pension Funds of Ukraine construct a mutually agreed strategically oriented policy and aim it at gradual and high-quality socio-economic growth); 2) a radical strengthening of the institutional capacity of the state, establishment of the rule of law and an effective fight against corruption (completion of judicial reform ensuring real independence and transparency of the judiciary, a high professional level of the judiciary, its integrity and accountability to society; subordination of their activities to the public interest; 3) a comprehensive development of national financial markets and the introduction of modern financial instruments (Ukraine needs to create a modern, transparent and efficient infrastructure, including a central securities depository, a reliable clearing system and modern exchange platforms functioning in accordance with EU standards); 4) a systemic improvement of the investment climate and active stimulation of investment activity; 5) increase investment in human capital. Conclusions. It is proposed to develop a comprehensive strategy for transforming the financial and investment environment in Ukraine during the war and in the post-war period. This strategy should be supported by appropriate metrics, indicators, and interim results with quantitative and qualitative parameters. With this approach, legislative initiatives and the implementation of functions become more scientifically and practically oriented, meaningful, and clear. Also, for long-term financial and economic stability, it is important to obtain preferential terms for the extension or write-off of Ukraine's excessively large debt to foreign borrowers.
