Financial risks of the region as a factor of economic security

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Abstract
Subject. This article discusses the fundamentals of regional financial security, considered as a component of the economic security system. Objectives. The article aims to systematize the goals, objectives, and functional subjects related to the risk management in the regional financial system in the context of its importance for countering threats to economic security. Methods. For the study, I used analysis and synthesis, induction and deduction, comparison, logical method, and generalization. Results. The article defines that the financial component of the regional economy is an important part of the regional regulatory system, and it suggests basic approaches to assessing the risks of financial security in the region. Conclusions and Relevance. Risk management is carried out by many government bodies at the regional level and its municipalities, as well as by civil society, and it involves a phased study of the determinants of the economic situation of the region in order to identify and control financial risks. The results of the research can be used for further studies on the issues of regional financial risks and the development of methods for their timely detection.