Evolution of international standards: cross-border capital movement in the era digital technologies

The article discusses the evolution of international standards for regulating cross-border capital flows in the context of digitalisation. Modern technologies such as blockchain, artificial intelligence and cryptocurrencies are radically changing financial systems, increasing the speed, volume and accessibility of international capital flows. This requires revising and adapting existing rules and regulations to ensure the stability and security of the global financial system. The article analyses new regulatory approaches aimed at combating financial crime and ensuring cybersecurity. Particular attention is paid to the impact of digitalisation on international standards such as Basel III, FATF Recommendations and the updated IFRS, which strengthen the requirements for transparency and automation in monitoring financial transactions. The study finds that cross-border capital flows, including foreign direct investment and portfolio investment, play an important role in the global economy. Digitalisation through technologies such as blockchain and cryptocurrencies is having a significant impact on international regulatory standards by increasing transparency and automating the monitoring of financial transactions. The adaptation of international standards aims to strengthen cybersecurity and financial crime requirements. The study uses methods of data classification, systematisation and statistical analysis to gain a deeper understanding of the challenges and risks associated with digitalisation. Recommendations for implementing international standards for cryptocurrencies and blockchain technology, enhancing cybersecurities and using artificial intelligence to analyse financial flows are discussed. The results of the study confirm the need to revise international standards to take into account modern technological changes to improve the efficiency and security of cross-border capital flows. The relevance of this topic is emphasised by the desire of academics, regulators and policymakers to create a new generation of efficient, secure and inclusive international financial system. It discusses the prospects for developing new standards that can adequately respond to the challenges of the digital economy, which has significant implications for the future of the global economy.