Mechanism for the development of strategic management of financial security in the banking sector: international experience
Abstract
In the 21st century, the financial security of the banking sector has evolved from a narrow domain of macroeconomic regulation into a core component of national and international security. Increasing globalization, technological innovation, and the expansion of financial interconnections have intensified both systemic vulnerabilities and the need for strategic governance. Digitalization, cyber threats, hybrid attacks, and ESG-related risks redefine the architecture of financial supervision and require a transition from reactive regulation to strategic, risk-oriented management of financial security.
Problem statement. Traditional administrative and regulatory models have proven insufficient to prevent systemic crises and ensure resilience in conditions of global turbulence and wartime shocks. The Ukrainian banking sector, while undergoing reform and alignment with EU standards, still faces fragmentation in its supervisory architecture and a lack of a unified strategic framework for financial security management. There remains a gap between regulatory instruments, institutional capacity, and the integration of self-regulatory mechanisms at the level of individual banks.
Unresolved aspects of the problem. Despite the implementation of Basel III, FSB standards, and the EU DORA regulation, Ukraine’s system of financial oversight continues to experience methodological and institutional weaknesses. The main unresolved issues include: ensuring the independence and analytical capacity of the National Bank of Ukraine (NBU); harmonizing international standards with the national legal framework; embedding macroprudential tools into legislation; and institutionalizing the role of banking associations as effective self-regulatory organizations.
Purpose of the article. The purpose of this study is to substantiate a comprehensive methodological framework for the development of strategic management of financial security in the banking sector, integrating state regulation, self-regulation, and digital supervisory technologies. The goal is to adapt global best practices to the Ukrainian context in order to ensure long-term stability, risk resilience, and the effective functioning of the banking system under crisis and wartime conditions.
Presentation of the main material. The article generalizes classical and modern theoretical approaches-such as the Diamond–Dybvig and Stiglitz–Weiss models, the Allen–Gale concept of financial contagion, and Borio’s macroprudential framework-and systematizes international experience in the UK, EU, USA, Germany, and Canada. The research identifies key elements of the strategic management mechanism: strategic planning and vision, institutional coordination, macroprudential policy, risk-based supervision (SREP), stress testing, digital analytical tools (SupTech, RegTech), and self-regulation. Particular attention is given to the integration of AI-driven supervisory analytics, corporate governance, and public communication mechanisms. The results demonstrate that countries with the highest financial resilience combine macro-level regulatory policies with micro-level ethical and governance standards. For Ukraine, the study proposes the establishment of a Financial Stability Council, the launch of a national SupTech platform, and the institutionalization of a macroprudential unit within the NBU to coordinate risk management and crisis prevention measures.
Conclusions. The synthesis of international experience proves that effective strategic management of financial security in the banking sector functions as a holistic system that unites planning, prevention, regulation, digitalization, and feedback. For Ukraine, adopting such a system will strengthen institutional coordination, improve risk management, enhance investor confidence, and accelerate integration into the European financial space. The synergy between state regulation, self-regulation, and risk-oriented supervision is fundamental to ensuring sustainable development and financial resilience of the banking sector in the face of contemporary global and geopolitical challenges.
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