THE FINANCIAL AND BANKING SYSTEM AND ITS PLACE IN THE CRIMINALIZATION OF RUSSIAN ECONOMY
Unaccounted cash flows are one of the elements of conducting non-observed economic activities in the financial and banking system. The article discusses the reproduction of nonobserved economy that functioning spontaneously in informal settings of institutions and using the existing arsenal of legal tools and instruments of financial and credit markets for nonregulated activities. The article covers the problems of origins and mechanisms of expanded reproduction non-observed economy in the banking sector and its destructive effect on the economic development of the country. A systematic approach for non-observed economic activities in interaction with the basic elements of the national economy, market reforms, financial and credit policies will help to solve the key problem of neutralizing the non-observed economy.