Financial Crimes in the Context National Economic Security (original) (raw)
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FINANCIAL CRIME COMMUNITY PULSE: A ROMANIAN SURVEY
Achim, M.V. & McGee, R.W. (Eds.) (2023), Financial Crime Community Pulse: A Romanian Survey, Switzerland: Springer Brief , 2023
The aim of this book is to determine the financial crime community pulse in Romania. For this purpose, a survey questionnaire was distributed to 1,856 respondents between May 27th - June 6th, 2022. The first objective of our book consists in finding the main patterns that characterize the Romanian community, related to the financial crime perception variables (the level of tax compliance, the level of tax morale reflected as the attitude of citizens towards accepting cheating on taxes, the perception of the corruption level in Romanian public institutions, the level of skills possessed by citizens to detect the risk of money laundering and the attitude towards giving information to bank officers). We find that a majority of 64 percent of the citizens interviewed had a good or very good level of tax compliance, meaning that they have declared that they paid their taxes long before the last deadline (for discount benefits or not only for discount benefits). Regarding their tax morale, we found that a majority of 74 percent of the Romanian respondents had an active attitude towards accepting cheating on taxes (they usually or always receive their receipt and take it); about 13 percent of respondents have a proactive attitude (if they do not receive their receipt, they ask for it) while another 13 percent of respondents have a passive attitude (if they receive or do not receive their receipt, it doesn't matter). When it comes to corruption, a majority of 66 percent of Romanian citizens have declared that they perceived the level of Romanian corruption to be high or very high. Additionally, our results show that a majority of 70 percent of our citizens have low or very low skills to detect the risk of money laundering in a business; about 25 percent of those interviewed have medium skills, while only about 5 percent have high or very high skills for detecting suspicious transactions. About 68 percent of citizens have a good attitude toward being asked for information by bank officers, while about 32 percent have a medium or bad attitude (refuse or hardly provide required information to bank officers). The second objective of the book is to investigate how the demographic aspects considered in the survey (age, gender, region of living, professional status, and education) are associated with the considered financial crime perception variables. In the majority of cases, the demographic variables were found to be significant determinants for the perception of financial crime, while age was found to have the most significant impact. The results are important for policy makers in order to adopt the proper policies that would reduce the level of financial crime in Romania.
Diagnostics of the State of Financial Security of Ukraine
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Urgency of the research. The transition to the market in Ukraine led to changes in the sphere of economic relations, which are characterized by a high level of instability. Signifi-cant changes that have occurred in recent years have also created new threats to the domestic economy, necessitating the diagnosis of Ukraine's financial security. Target setting. The welfare of each state primarily de-pends on the stability of its financial system, which is provid-ed through the timely diagnosis of its threats and response to them. Actual scientific researches and issues analysis. The issues of financial security of the nation, as an economic component, the principles of the formation of a system for ensuring financial security were revealed in the works of domestic and foreign scientists, namely in the works of A. Baranovsky, V. Geyets, M. Yermoshenko, J. Zhalilo, B. Karpinsky. A. Sukhorukov, A. Shevchenko and others. Uninvestigated parts of general matters defining. In the conditio...