Standards for integrity in political finance: A global policy position
Publication •
Corruption enters politics through illicit funds and opaque donations. These backdoors must be closed.
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Transparency and accountability of political finance help deter conflicts of interest, state capture, and corruption in public office, strengthening the integrity of democratic institutions and elections.
This submission provides recommendations for the 10th UNCAC Conference of States Parties (CoSP) to fulfil the commitment in the Political Declaration of the 2021 UN General Assembly Special Session against Corruption to “maintain, strengthen, develop and implement measures” to ensure transparency in the funding of candidates, political parties and campaigns, and make the issuing of guidelines to give full effect to article 7.3 of the Convention a priority.
The recommendations include measures to introduce provisions in new resolutions for closing loopholes for illicit funds in politics, introducing digital reporting and disclosure systems, improving oversight and accountability of political finance regimes, promoting knowledge, civic engagement and public participation and strengthening international cooperation.