Economic Security Bureau of Ukraine has approved the regulatory framework, methodology and is gradually implementing technical solutions for automated detection of risks of criminal offenses in the economic sector.

Currently, the analysts of the ESBU have developed risk profiles of offenses under Art. 212 of the Criminal Code of Ukraine (tax evasion, duties (mandatory payments)) and Art. 191 of the Criminal Code of Ukraine (misappropriation, embezzlement or seizure of property through abuse of office) which have been approved by the relevant orders of the ESBU.

"The full implementation of risk profiles in accordance with all articles of the Criminal Procedure Code of Ukraine under the jurisdiction of the ESBU will make it impossible for the ESBU to perform functions that are not typical for the ESBU.

An in-depth and continuous analysis of the risk profile components will allow identifying systemic negative phenomena in the economy. This will ensure that effective management decisions are made both at the level of the ESBU management and at the level of government institutions that formulate budget, tax and customs policies.

At the same time the full functioning of the automated information system using a risk-based approach will eliminate possible corruption to the maximum extent possible. And most importantly it will make it impossible to interfere with the work of businesses that operate within the current legislation," said Andriy Pashchuk, Deputy Director of the Economic Security Bureau of Ukraine.

The introduction of risk profile indicators (markers) is a tool for preventing and identifying risks in certain sectors of the economy.

Analysts of the ESBU identify related features belonging to a business entity (BE) involved in illegal schemes. These signs are used to establish other facts. These criteria are currently being digitized, and the process will be automated later. In fact, the aims of the ESBU to create a digitized image of such an offending BE.

It is planned to introduce a system of monitoring, analysis and risk assessment as well as the use of modern methods of processing and analyzing large amounts of data. Only with the systematic implementation of an automated information system using a risk-oriented approach can the Economic Security Bureau of Ukraine achieve high efficiency and prevent future threats that may affect Ukraine's economic security.

To recap the automation of the risk identification process based on the BE is carried out in accordance with the Law of Ukraine "On the Economic Security Bureau of Ukraine", the Order of the ESBU "On approval of the procedure for applying the risk-based approach in the Economic Security Bureau of Ukraine" and the Presidential decree "On the comprehensive strategic plan for reforming law enforcement agencies as part of the security and defense sector of Ukraine for 2023-2027".