The system should be transparent in disclosing the funding received by any political party or candidate.
- This Convention signatory states shall provide for an open and transparent nature of all money donations to candidates, political parties (coalitions), participating in elections, in order to avoid any prohibited donations to candidates, political parties (coalitions) that have put forward the candidates (lists of candidates) in elections.
- Where applicable, funding of political parties must be transparent and based on agreed threshold in accordance with the laws of the land.
- A party may receive donations within the limits of domestic law, which may prohibit donations from certain sources. By no means may parties interpret private donations as granting any possibility to influence and/or alter the party programme and/or party policies. Parties must adhere to laws that require disclosing the origin of private donations to parties.
- The legal framework may provide for electoral campaign financing on the basis of the following internationally-recognized standards: That there should be a transparent system of disclosure of the funding received by any party or candidate.
- First of all, funding must be transparent; such transparency is essential whatever the level of political and economic development of the country concerned. Transparency operates at two levels. The first concerns campaign funds, the details of which must be set out in a special set of carefully maintained accounts. In the event of significant deviations from the norm or if the statutory expenditure ceilings are exceeded, the election must be annulled. The second level involves monitoring the financial status of elected representatives before and after their term in office. A commission in charge of financial transparency takes formal note of the elected representatives’ statements as to their finances. The latter are confidential, but the records can, if necessary, be forwarded to the public prosecutor’s office.
- The financing of political parties through public funds should be on condition that the accounts of political parties shall be subject to control by specific public organs (for example by a Court of Audit). States shall promote a policy of financial transparency of political parties that benefit from public financing.
- Campaign financing should be transparent, and there should be clear legislation or rules governing campaign financing.
- [States should] ensure transparency of the electoral process, particularly in: 8.2.2. electoral campaign funding and party financing: legislation in this field is necessary not only to regulate the origin of funding and set a limit on expenditure, but also to enable all voters to have access to data on the nature and amount of campaign and party spending.