Home > 2.1 The competent bodies and their tasks > MOLDOVA - Joint Opinion on the Legal Framework of Governing the Funding of Political Parties and Electoral Campaigns
 
 
 
Download file    
 
 
Paragraph 61
 

The 2015 amendments furthermore included new disclosure requirements for political parties in Article 29 of the LPP: parties must now submit regular financial reports to the CEC as the main supervisory body and, in case political parties receive public funding, also to the Court of Accounts. The financial reports must contain detailed information on party income and expenditure, including the identity of donors, and this information is published on the websites of the CEC and of the party concerned, if any exists. Such enhanced disclosure rules are in line with international standards and were, in principle, positively assessed in the 2013 Joint Opinion. That said, a recommendation to further improve the disclosure rules had been made, which remains valid. In particular, it is recommended to outline in the law that the CEC retains all annual financial reports in an accessible manner and for an extended period of time. Moreover, the Venice Commission and OSCE/ODIHR delegation noted with interest that it is planned to develop an online system of financial reporting. The introduction of such a new tool, which should be open to all political parties and accessible to citizens, media, etc., has significant potential and should be supported.