COMPLIANCE - MANAGEMENT AND NORMS OF ETHICAL BUSINESS ENVIRONMENT IN THE BANKING SECTOR

The article examines the main approaches to compliance management and the norms of the ethical business environment of the banking sector, and highlights the need to apply a synergistic approach from several areas of research on the system of ethical banking business environment and the strategic paradigm for implementing the leading international experience of compliance management. The topic is covered by the analysis of the elements of compliance management, which include implementation of an internal control system that ensures compliance with legal and ethical standards; organization of regular trainings for staff to raise awareness of current regulatory requirements; development of policies on confidentiality, anti-corruption, avoidance of conflicts of interest, etc. An analysis of compliance management and ethics in the banking sector demonstrates the importance of implementing a system to monitor compliance with legal and ethical standards. Modern banks are facing increasingly stringent regulatory requirements, in particular in terms of anti-money laundering, fraud and corruption prevention. The main methods of solving these problems include the introduction of internal codes of ethics, the creation of internal control systems, staff training, the use of modern technologies for monitoring and automating processes, as well as the organization of independent external audits. It is emphasized that leadership and personal example of managers play a special role in shaping the bank's ethical culture. This creates the basis for the development of a responsible and transparent culture within the institution, which promotes trust on the part of customers and partners. Ukrainian and foreign researchers are actively studying these issues, publishing their work in the world's leading journals. They emphasize the importance of compliance management in today's globalized economy. An effective compliance system allows banks to avoid significant financial and reputational losses, ensuring their sustainability in the market