States should require records of expenditure.
- Financing of political parties must be fully transparent, which requires political parties, in particular: i. to keep strict accounts of all income and expenditure, which must be submitted, at least once a year, to an independent auditing authority and be made public.
- Financing of political parties must be fully transparent, which requires political parties, in particular: ii. to declare the identity of donors who give financial support exceeding a certain limit.
- States should require particular records to be kept of all expenditure, direct and indirect, on electoral campaigns in respect of each political party, each list of candidates and each candidate.
- The legal framework for party and candidate financing should include provisions for disclosure, reporting, monitoring and enforcement.
- Public legislation on disclosure should adopt the following guidelines: Party reports should be disclosed to an official auditing body and to members of the public.
- There must be accountability in the use of public funds.
- Rules which require a party to maintain and make available for public scrutiny records identifying donations exceeding a certain value and their donors, may be said to embody the principle of transparency.
- Companion legislation that would further promote the right of access to information and provide a supportive legislative framework should be enacted, including: laws compelling disclosure of political party and campaign financing.
- It is common practice for candidates and political parties to be obliged to disclose funding sources and provide reports and accounts of their campaign expenditure.
- Political parties, candidates and politicians should disclose assets, income and expenditure to an independent agency.
- To this effect, party financing legislation should include stipulations regulating at least four distinct aspects relating to the transparency of political finance: Disclosure: rules which oblige political parties to open up their financial accounts and reveal information on their levels of income, including the identity of donors, and expenditure.
- [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.