THE SYSTEM OF COMPLIANCE-CONTROL IN THE CONTEXT OF SLOW DOWN OF ECONOMY AND ESCALATION OF GEOPOLITICAL RISKS

Abstract

It is necessary to develop a system of external and internal risks management of companies considering on a basis of new financial technologies by considering the context of “new normal”, escalation of geopolitical imbalances and extension of economic sanctions which slow down the growth of economy. Building the effective system of compliance-control which causes surfacing effect on the aftermath of sanctions and restrictions regarding Russian corporations is aimed at detection and decrease of compliance-risks connected with assets quality, quantity and quality of contractors and geographic location and other factors forming some unique environmental threats-opportunities profile of a business. In the modern conditions of a slowdown of the global economy and uncertainty growth the concept of a “new normal” has emerged. The latter reflects some change in global views of think tanks and practitioners on the agenda and growth factors of the global economy which correspond with compliance-risks occurrence.