SHADOW PROCESSES IN THE LABOR MARKET IN THE SYSTEM OF RISKS OF CRIMINAL INCOME LEGALIZATION

The relevance of the research is determined by the fact that the assessment of the risks of legalization of proceeds from crime requires the study of factors that contribute to emergence and spread of this phenomenon. A significant role in formation of criminal proceeds is played by shadow economic activity, the size of which is indirectly characterized by the scale of informal employment. The purpose of this research is to study the impact of shadow processes in the labor market on formation of risks of legalization of proceeds from crime. To achieve this goal, the following tasks were solved in the work: an assessment of the scale of shadow employment is given; the main mechanisms of the influence of shadow processes in the labor market on the risks of money laundering were identified; recommendations were given to reduce the level of risks of legalization of proceeds from crime through the impact on the shadow processes in the field of employment.
Methods: comparative analysis of statistical and scientific materials, analysis of processes in the labor market. The novelty of the research lies in an integrated approach to the study of shadow processes in the labor market as a factor in the formation of risks of legalization of proceeds from crime. Results. The paper concludes that shadow processes in the labor market act as a factor that increases the risks of money laundering from two sides at once: firstly, they are one of the sources of the formation of criminal proceeds; secondly, informal employment and the associated shadow income create favorable conditions for concealing the main channels of money laundering. Therefore, measures to counter the legalization of proceeds from crime, implemented within the framework of financial monitoring, should be accompanied by measures to reduce informal employment, hidden wages, and illegal migration.