УПРАВЛІННЯ РИЗИКАМИ У ПРАКТИЦІ МІЖНАРОДНИХ ФІНАНСОВИХ ІНСТИТУЦІЙ, RISK MANAGEMENT IN THE PRACTICE OF INTERNATIONAL FINANCIAL INSTITUTIONS

<jats:p>The article examines the practice of international financial institutions in the formation of a risk management system. It is determined that the leading international financial institutions perform different but complementary functions: IMF - global surveillance and stress testing; World Bank - development finance, ERM and financial protection against catastrophes; BIS/BCBS - prudential standards for banks; FSB - policy coordination and operational sustainability; OECD - corporate governance and fiscal risks; EBRD and EIB - investment finance with integrated ESG standards. The scope of their activities in developing macro- and microprudential standards for national regulators is analyzed. The main tools of such organizations as the IMF, the World Bank, the Bank for International Settlements, the Basel Committee on Banking Supervision, the Financial Stability Board and the OECD are highlighted. Attention is also paid to current challenges and innovations, in particular, the implementation of NGFS climate scenario modeling, ensuring operational and cyber resilience within the framework of the FIRE and DORA initiatives, as well as the use of SupTech and RegTech technologies for early crisis prevention. The current context (IMF GFSR April 2025, OECD Interim Outlook September 2025, WBG Annual Report 2025) demonstrates the increase in financial risks due to macroeconomic uncertainty, fiscal pressures, climate factors and geopolitical fragmentation. This highlights the need for enhanced coordination of standards and modernization of national risk management regimes. Based on foreign experience, recommendations are proposed for the domestic system of financial supervision and risk management in the context of European integration processes. For Ukraine, practical measures include: further harmonization of regulation with Basel III and EU CRR/CRD, implementation of DORA-compatible cyber standards, integration of climate stress testing into the practice of the NBU, development of macroprudential tools, extension of ERM to state banks and funds, active use of technical assistance from the IMF and the World Bank, deepening cooperation with the EBRD and EIB in terms of ESG standards and investment protection.</jats:p>