IMPROVING THE INTERNAL CONTROL SYSTEM IN COMMERCIAL BANKS (FOR EXAMPLE, INTRODUCING INTERNATIONAL STANDARDS INTO THE ANTI-CORRUPTION SYSTEM)

This article is devoted to the analysis of the need to improve the internal control system in commercial banks and introduce the anti-corruption system based on international standards. Currently, the risk of corruption in the financial system has a great impact on the efficiency and security of the banking system. Therefore, the issue of strengthening internal control systems in commercial banks and coordinating these systems with advanced international standards in the fight against corruption is of urgent importance. The article describes the process of establishing anti-corruption management systems in commercial banks based on the recommendations of ISO 37001:2016 (Anti-Corruption Management System) and FATF (Working Group on Financial Activities), the advantages of implementing these standards, and the difficulties in aligning the internal control systems of banks with international requirements. . The possibilities of identifying, eliminating and monitoring the risk of corruption with the help of the internal control system were considered. Also, detailed information is given about the prospects of implementation of international standards for banks in Uzbekistan, innovations introduced into the national legislation and cooperation of the state and non-state sectors in this direction. The issues of creating an effective anti-corruption management system by introducing international standards, developing internal audit and risk management systems, ensuring a high level of security and transparency for financial institutions were discussed.