Borets M. The administrative and legal status of state regulators in the area of prevention and counteraction of criminal money laundering

This thesis contains research regarding the administrative and legal status of state regulators in the area of prevention and counteraction of criminal money laundering. Specifically the position of the state regulators in the executive branch and the ways of improving the administrative and legal regulation of their activities. This research proposes a number of copyright definitions in order to improve the concept of administrative law and process and introduces to the science of administrative law the complex modern approaches of the national system of prevention and counteraction of criminal money laundering. The author formulates the concept of administrative and legal status of the state regulator in the area of prevention and counteraction of criminal money laundering as the established rights, duties and range of public monitoring in the area of prevention and counteraction of criminal money laundering and the application of administrative enforcement for violation of legislation in this area. The author also views the concept of "state regulation" in the area of prevention and counteraction of criminal money laundering in the widest and in the narrowest sense. The state control in this area is a type of administrative activity of the subject of state the financial monitoring that aimed on achieving compliance control object (entity of initial financial monitoring) established requirements. The author analyzed the system of international legal norms regarding the counteraction of criminal money laundering and the implementation of such norms in the legislation of Ukraine. The result is a proposal to change the status of the State Service of Financial Monitoring of Ukraine to an independent executive body with special status whose activities and directives are directly coordinated by the Cabinet of Ministers of Ukraine. Special attention is given to the state regulator's authority in implementing the proceedings on administrative violations in this area.