IV. Analysys and recommendations

I. Sanctions for violations

It may be questioned whether the level of sanctions provided by Article 39 for not filing a report is dissuasive enough. The level of the fine for not filing reports on political party finances and election finances (set out in Article 39, para 1, numbers 13 and 14 respectively) is  200,000 to 2,000,000 RSD, with additional fines for the responsible person of a political party or other political entity set at 50,000 to 150,000 RSD. The total maximum fine thus amounts to roughly EUR 17000 for the party and roughly EUR 1300 for the responsible person, which may be less than amounts actually received, but not reported on. It is thus recommended to consider increasing the level of sanctions for not filing a report accordingly.