The approaches to the strategy development of the internal control of banking

The article describes the approaches of Russian banks to strategy of internal control in the aspect of finding ways to neutralize illegal money circulation in detail. It is emphasized that the work of Russian banks as service organizations should focus on the prevention of illegal money circulation on the global currency market. Among the regulations controlling this issue, special attention is given to Wolfsberg principles being the base of forming effective internal control strategies at different banking institutions in accordance with the legislation of the countries participating in monetary and credit relations.