As underlined in the Venice Commission and ODIHR Joint Guidelines on Political Party Regulation, transparency in campaign finance “is important to protect the rights of voters, prevent corruption and keep the wider public informed” and “[v]oters must have relevant information as to the financial support given to political parties, as this influences decision-making and is a means of holding parties accountable”. To ensure transparency, the information must reach the voters in a simple, comprehensible and timely manner (and be available for reasonable periods) in order to help them make their electoral choices. Today's technology allows reporting to be done in near real-time. The Venice Commission and ODIHR recommend considering extending the time period covered by the interim report up to a date closer to the election day.
The 2022 Final Report by ODIHR noted that in the absence of legal provisions regulating the scope of reports and detailed reporting guidelines, the campaign finance reporting lacked uniformity and comprehensive accountability. It is recommended to ensure that the regulation provides a sufficient explanation of the scope and level of details of campaign finance reports, including all types of in-kind contributions, third-party financing, unpaid (pending) contracts, and reporting on financing by the coalitions.