DIGITALIZATION RISKS AND NEW DIRECTIONS OF FINANCIAL CONTROL

Abstract

The article discusses the main risks of using new digital tools in the Russian and international financial system. Theauthor pays special attention to the dynamics of the use of cryptocurrency in criminal schemes: the sale of drugs, pornography,fraud, money laundering and terrorist financing. It is noted that until national and international measures are developed to protectagainst negative trends, the black market for the circulation of cryptocurrencies and related crimes will only grow. On the basis ofthe conducted criminological analysis, the main activities for the legalization of new financial instruments and the establishmentof financial control over their turnover were highlighted; attention was drawn to the need to adjust the financial control system dueto the active development of artificial intelligence. Special attention should be given to the author's approach to assessing the risksof remote identification and using artificial intelligence to prepare financial statements. It was concluded that the state legalregulation is lagging behind the pace of development of the digital space and the need for a detailed study of all issues related todigitalization.