The newly formulated chapter on financing initiative groups and electoral campaigns (Chapter V) contains a significant number of new provisions on funding campaigns, as well as oversight and control of campaign finance. Positively this chapter (Chapter V) is separated in the draft Code from issues related to the financing of elections. The newly introduced Article 59 contains several paragraphs detailing the responsibilities of the CEC in verifying the compliance of election and referendum participants with the regulatory framework. This is in line with ODIHR’s 2021 recommendation to provide the campaign finance oversight body with the requisite legal authority and capacity.