Home > 2.6 Campaign finance > UKRAINE - Joint Opinion on the Draft Law on Elections of People's Deputies
 
 
 
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Paragraph 65
 

II. Comments on the text of the draft law


E. Financing of elections


Oversight over the adherence by electoral subjects to legal requirements on reporting on the receipt and use of electoral funds is exercised by the CEC. However, there is no indication as to what action the CEC is obligated to take in relation to the reports and no deadline is envisaged for reviewing them. The draft does not establish any liability for failure to submit reports. As stated by the Council of Europe Committee of Ministers in their Recommendation 2003(4): “States should provide for independent monitoring in respect of the funding of political parties and electoral campaigns. The independent monitoring should include supervision over the accounts of political parties and the expenses involved in election campaigns as well as their presentation and publication.” The law should provide for independent monitoring of the funding of political parties and electoral campaigns. It should also provide for effective, proportionate and dissuasive sanctions for violation of campaign funding provisions.