Legal Nature of Primary and Public Financial Intelligence Entities in the Field of Combating Money Laundering

One of the most important global problems facing society is the control of cash flows, as well as the fight, counteraction and prevention of money laundering. In particular, the process of laundering such revenues poses an extreme threat not only to the financial system but also to the national system as a whole. Currently, there is an urgent need to develop a strategy that will quickly and effectively combat cases of abuse of the financial system of the state. The definition of financial intelligence was provided as a set of measures defined at the legislative level by authorized entities of primary and state financial intelligence and aimed at fulfilling the requirements of current legislation in the context of combating and preventing money laundering. The article determined that in accordance with the current legislation, the financial intelligence system is a two-tier system. This is due to the fact that the financial intelligence system consists of two levels – primary and state intelligence. Given the global nature of the problem of money laundering and terrorist financing, the issue of financial intelligence was considered in the context of two levels – national and supranational. The article analyzes different approaches to the classification of financial intelligence entities. In particular, the category of entities within the competence for financial intelligence was determined: leading and auxiliary. Entities depending on the level of financial intelligence are singled out – primary entities and entities of state financial intelligence. An approach to the classification of financial intelligence entities according to their main purpose was defined. According to this criterion, direct and indirect entities of financial intelligence were distinguished.