Summary
Parties should submit reports at regular intervals.
Obligations
Election Parts
Quotes
- The candidates, political parties (coalitions) participating in elections should, with periodicity stipulated by the laws, submit to the electoral bodies and/or other bodies, mentioned in the law, information and reports on receipt of all donations to their election financial funds, on their donors as well as on all their disbursements from those funds on financing of their election campaign. The electoral bodies shall provide for publication of the said information and reports in mass media and means of telecommunications mentioned in the laws.
- 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.
- Ensure that the accounts of political parties at regional level are published regularly (annually if possible).
- This requires that parties should submit reports at regular intervals.
- The legal framework should require periodic reporting, related to reasonable time intervals, of all contributions received and expenditures made by an electoral contestant. However, the examiner should be realistic about the reporting requirements for any transition democracy.
- Each public body and relevant private body must publish the following information produced by or in relation to that body within 30 days of the information being generated or received by that body: manuals, policies, procedures or rules or similar instruments which have been prepared for, or are used by, officers of the body in discharging that body’s functions, exercising powers and handling complaints, making decisions or recommendations or providing advice to persons outside the body with respect to rights, privileges or benefits, or to obligations, penalties or other detriments, to or for which persons may be entitled.
- For campaign finance laws or regulations to be meaningful, it is essential for them to require disclosure through clear, detailed and periodic reporting on contributions and expenditures.
- Transparency International recommends that governments make the following four commitments: Apply comprehensive disclosure regulations to the finances of parties and candidates and ensure that all information is regularly published via a single online portal.
- It is good practice to require the following reports: - Initial reports before the campaign begins, to ensure that accounts are properly opened (if applicable). Such reports should include the party or candidate’s bank account information and the name and function of the persons accountable for the party or candidate’s campaign finances; - Reports providing oversight bodies and the public with preliminary information on campaign incomes and expenses of parties and candidates several days before election day; - Final reports after the election and certification of results, to provide a complete and comprehensive account of all campaign financing.
- The obligations to promote the enjoyment of the right to freedom of opinion and expression require that States guarantee the transparency of all aspects of political and electoral processes, and should particularly put in place measures to: (a) Enact regulations requiring the submission of periodic financial reports by parties, political organizations and candidates, entailing full disclosure of all resources collected, in monetary form or in kind, and their origin, and all expenditure, in order to promote public scrutiny and informed voting by citizens. Political finance reporting should be comprehensive, timely, available to the public, and subject to stringent sanctions for inadequate disclosure or timeliness.