Legislative and Executive Strategies for Preventing Administrative Corruption in Banking Processes

Abstract

Banking operations are highly susceptible to corruption, and the corruption occurring in these operations is often significant, causing severe damage to the economic systems of countries. Therefore, the integrity of the banking system is one of the most critical factors and components of the socio-economic system, which is sometimes closely intertwined with the political systems of these countries. This study, conducted using a descriptive-analytical method, examines and analyzes legislative and executive strategies for preventing corruption in banking processes. The research findings indicate that legislative strategies, including the development of criminalization measures aligned with international instruments and the privatization of banks (considering government debt to banks), as well as executive strategies, such as implementing information systems, improving and expanding current systems (e.g., Siyada, Sepam, Nahaab, Nasim, Chakavak, Sepaas, and others), integrating banking processes (developing banks with an electronic organization model), and establishing public monitoring systems (introducing incentive and disciplinary systems and reforming the administrative environment), are among the preventive strategies for addressing administrative corruption in banking processes.